California Water Service (CWT) Capital Expenditures (2009 - 2026)
California Water Service (CWT) reported Capital Expenditures of $146.98 million for Q2 2026, up 23.1% from $119.42 million a year earlier and up 13.5% from the prior quarter.
California Water Service (CWT) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, California Water Service's Capital Expenditures came in at $563.91 million, up 16.1% year-over-year; for FY2025, it was $516.99 million, up 9.8% from FY2024.
- Capital Expenditures has increased for four consecutive years, with a five-year compound annual growth rate of 11.6% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $470.8 million in FY2024 (+22.7%), $383.75 million in FY2023 (+17.1%), $327.76 million in FY2022 (+11.8%) and $293.19 million in FY2021 (-1.8%).
- Five-year quarterly Capital Expenditures spans a low of $68.5 million in Q1 2022 and a high of $152.29 million in Q4 2025.
- Year over year, Capital Expenditures has now increased in each of the last 19 quarters, with growth averaging 16.0% over the last eight quarters.
- The high point for year-over-year Capital Expenditures in five years was Q1 2024 (growth of 33.9%); the low point was Q3 2021 (a decline of 21.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $129.46 million (Q1 2026), $152.29 million (Q4 2025) and $135.18 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 2.78 Bn |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 2.95 Bn |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 1.26 Bn |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 1.08 Bn |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | -1.16 Bn |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 1.04 Bn |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 860.00 Mn |
| 10 | California Water Service | 2.82 Bn | 2.60 Bn | - | 146.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 146.98 Mn |
| Mar 31, 2026 | 129.46 Mn |
| Dec 31, 2025 | 152.29 Mn |
| Sep 30, 2025 | 135.18 Mn |
| Jun 30, 2025 | 119.42 Mn |
| Mar 31, 2025 | 110.10 Mn |
| Dec 31, 2024 | 138.64 Mn |
| Sep 30, 2024 | 117.75 Mn |
| Jun 30, 2024 | 104.61 Mn |
| Mar 31, 2024 | 109.81 Mn |
| Dec 31, 2023 | 109.62 Mn |
| Sep 30, 2023 | 96.94 Mn |
| Jun 30, 2023 | 95.21 Mn |
| Mar 31, 2023 | 81.98 Mn |
| Dec 31, 2022 | 105.67 Mn |
| Sep 30, 2022 | 77.50 Mn |
| Jun 30, 2022 | 76.09 Mn |
| Mar 31, 2022 | 68.50 Mn |
| Dec 31, 2021 | 85.45 Mn |
| Sep 30, 2021 | 69.23 Mn |
California Water Service Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CWT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "CWT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CWT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();