California Water Service (CWT) EBITDA Margin (2009 - 2026)
California Water Service's EBITDA Margin was 32.71% in Q2 2026, down 0.65 percentage points from 33.36% a year earlier but up 5.46 percentage points from the prior quarter.
California Water Service (CWT) EBITDA Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, California Water Service's EBITDA Margin was 31.21% through Jun 30, 2026, down 0.43 percentage points year-over-year; for FY2025, it was 31.68%, down 2.96 percentage points from FY2024.
- EBITDA Margin shows a five-year change of +1.77 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 34.64% in FY2024 (+9.44 pp), 25.20% in FY2023 (-3.75 pp), 28.95% in FY2022 (-1.19 pp) and 30.14% in FY2021 (+0.22 pp).
- Quarterly EBITDA Margin has moved between 9.85% (Q1 2023) and 41.11% (Q1 2024) over five years.
- Compared with a year earlier, EBITDA Margin has declined for three straight quarters, with an average year-over-year change of -1.51 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q1 2024 (a gain of 31.26 percentage points); the worst was Q1 2023 (a drop of 12.48 percentage points).
- Per Business Quant data, CWT's EBITDA Margin in the three quarters before Q2 2026 was 27.24% (Q1 2026), 28.37% (Q4 2025) and 34.47% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 21.47% |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - | 22.66% |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - | 43.70% |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn | 39.65% |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - | 42.21% |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn | 45.92% |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn | 59.37% |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - | 57.71% |
| 10 | California Water Service | 2.84 Bn | 2.61 Bn | - | 32.71% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.71% |
| Mar 31, 2026 | 27.24% |
| Dec 31, 2025 | 28.37% |
| Sep 30, 2025 | 34.47% |
| Jun 30, 2025 | 33.36% |
| Mar 31, 2025 | 28.85% |
| Dec 31, 2024 | 29.63% |
| Sep 30, 2024 | 33.50% |
| Jun 30, 2024 | 33.44% |
| Mar 31, 2024 | 41.11% |
| Dec 31, 2023 | 31.34% |
| Sep 30, 2023 | 28.97% |
| Jun 30, 2023 | 23.84% |
| Mar 31, 2023 | 9.85% |
| Dec 31, 2022 | 27.45% |
| Sep 30, 2022 | 35.49% |
| Jun 30, 2022 | 27.52% |
| Mar 31, 2022 | 22.32% |
| Dec 31, 2021 | 22.13% |
| Sep 30, 2021 | 38.60% |
California Water Service EBITDA Margin 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=ebitda-margin&ticker=CWT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=CWT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();