California Water Service (CWT) Debt Ratio (2009 - 2026)
California Water Service's quarterly Debt Ratio came in at 0.25 in Q1 2026, down 3.57% year-on-year from 0.26 in Q1 2025, and down 1.97% quarter-over-quarter from 0.26 in Q4 2025.
California Water Service has reported Debt Ratio for 18 years, with the latest figure at 0.25 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 3.57% year-over-year to 0.25; the trailing twelve-month figure through Mar 2026 stood at 0.25 (down 3.57% YoY), and the FY2025 full-year result was 0.26, up 14.41% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.25, down from 0.26 in the prior quarter.
- The five-year high for Debt Ratio was 0.31 in Q2 2022, with the low at 0.22 in Q2 2025.
- Average Debt Ratio over 5 years is 0.27, with a median of 0.26 recorded in 2025.
- Peak annual rise in Debt Ratio reached 14.41% in 2025, while the deepest fall reached 18.16% in 2025.
- Tracing CWT's Debt Ratio over 5 years: stood at 0.25 in 2022, then decreased by 7.4% to 0.23 in 2023, then retreated by 0.88% to 0.23 in 2024, then increased by 14.41% to 0.26 in 2025, then retreated by 1.97% to 0.25 in 2026.
- The last three Debt Ratio figures came in at 0.25 (Q1 2026), 0.26 (Q4 2025), and 0.26 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 24.16 Bn | 24.02 Bn | 714.00 Mn | 0.40 |
| 2 | Aris Mining | 20.33 Bn | 19.86 Bn | 233.28 Mn | 0.20 |
| 3 | Essential Utilities | 10.48 Bn | 10.40 Bn | 685.96 Mn | 0.42 |
| 4 | American States Water | 2.94 Bn | 2.93 Bn | 104.19 Mn | 0.05 |
| 5 | California Water Service | 2.58 Bn | 2.48 Bn | 183.34 Mn | 0.25 |
| 6 | H2O America | 2.18 Bn | 2.03 Bn | 171.30 Mn | 0.35 |
| 7 | Middlesex Water | 959.61 Mn | 957.57 Mn | 25.70 Mn | 0.27 |
| 8 | Consolidated Water | 465.28 Mn | 344.14 Mn | 10.92 Mn | 0.00 |
| 9 | York Water | 430.12 Mn | 430.12 Mn | 13.98 Mn | 0.34 |
| 10 | Artesian Resources | 332.86 Mn | 328.60 Mn | 26.56 Mn | 0.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.22 |
| Mar 31, 2025 | 0.26 |
| Dec 31, 2024 | 0.23 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.27 |
| Mar 31, 2024 | 0.28 |
| Dec 31, 2023 | 0.23 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.30 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.29 |
| Jun 30, 2021 | 0.34 |
| Mar 31, 2021 | 0.35 |
| Dec 31, 2020 | 0.34 |
| Sep 30, 2020 | 0.23 |
| Jun 30, 2020 | 0.35 |
| Mar 31, 2020 | 0.35 |
| Dec 31, 2019 | 0.26 |
| Sep 30, 2019 | 0.27 |
| Jun 30, 2019 | 0.33 |
| Mar 31, 2019 | 0.29 |
| Dec 31, 2018 | 0.29 |
| Sep 30, 2018 | 0.28 |
| Jun 30, 2018 | 0.27 |
| Mar 31, 2018 | 0.19 |
| Dec 31, 2017 | 0.29 |
| Sep 30, 2017 | 0.21 |
| Jun 30, 2017 | 0.22 |
| Mar 31, 2017 | 0.23 |
| Dec 31, 2016 | 0.26 |
| Sep 30, 2016 | 0.24 |
| Jun 30, 2016 | 0.24 |
| Mar 31, 2016 | 0.26 |
| Dec 31, 2015 | 0.23 |
| Sep 30, 2015 | 0.18 |
| Jun 30, 2015 | 0.24 |
| Mar 31, 2015 | 0.19 |
| Dec 31, 2014 | 0.19 |
| Sep 30, 2014 | 0.23 |
| Jun 30, 2014 | 0.21 |
| Mar 31, 2014 | 0.25 |
| Dec 31, 2013 | 0.22 |
| Sep 30, 2013 | 0.23 |
| Jun 30, 2013 | 0.22 |
| Mar 31, 2013 | 0.23 |
| Dec 31, 2012 | 0.26 |
| Sep 30, 2012 | 0.25 |
| Jun 30, 2012 | 0.30 |
| Mar 31, 2012 | 0.28 |
| Dec 31, 2011 | 0.29 |
| Sep 30, 2011 | 0.29 |
| Jun 30, 2011 | 0.28 |
| Mar 31, 2011 | 0.30 |
| Dec 31, 2010 | 0.28 |
| Sep 30, 2010 | 0.23 |
| Jun 30, 2010 | 0.27 |
| Dec 31, 2009 | 0.25 |