Growth Metrics

California Water Service (CWT) Equity Ratio (2009 - 2026)

California Water Service's quarterly Equity Ratio came in at 0.29 in Q1 2026, down 6.18% year-on-year from 0.31 in Q1 2025, and down 2.39% quarter-over-quarter from 0.3 in Q4 2025.

California Water Service has reported Equity Ratio for 18 years, with the latest figure at 0.29 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 6.18% year-over-year to 0.29; the trailing twelve-month figure through Mar 2026 stood at 0.29 (down 6.18% YoY), and the FY2025 full-year result was 0.3, down 5.66% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.29, down from 0.3 in the prior quarter.
  • The five-year high for Equity Ratio was 0.35 in Q3 2023, with the low at 0.29 in Q1 2026.
  • Average Equity Ratio over 5 years is 0.32, with a median of 0.32 recorded in 2024.
  • Year-over-year, Equity Ratio grew 18.88% in 2022 and slipped 9.05% in 2024.
  • Tracing CWT's Equity Ratio over 5 years: stood at 0.31 in 2022, then rose by 0.38% to 0.31 in 2023, then grew by 1.61% to 0.32 in 2024, then slipped by 5.66% to 0.3 in 2025, then fell by 2.39% to 0.29 in 2026.
  • The last three Equity Ratio figures came in at 0.29 (Q1 2026), 0.3 (Q4 2025), and 0.31 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 American Water Works Company 24.16 Bn 24.02 Bn 714.00 Mn 0.31
2 Aris Mining 20.33 Bn 19.86 Bn 233.28 Mn -
3 Essential Utilities 10.48 Bn 10.40 Bn 685.96 Mn 0.35
4 American States Water 2.94 Bn 2.93 Bn 104.19 Mn 0.39
5 California Water Service 2.58 Bn 2.48 Bn 183.34 Mn 0.29
6 H2O America 2.18 Bn 2.03 Bn 171.30 Mn 0.34
7 Middlesex Water 959.61 Mn 957.57 Mn 25.70 Mn 0.36
8 Consolidated Water 465.28 Mn 344.14 Mn 10.92 Mn 0.88
9 York Water 430.12 Mn 430.12 Mn 13.98 Mn 0.35
10 Artesian Resources 332.86 Mn 328.60 Mn 26.56 Mn 0.29

Historic Data

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DateValue
Mar 31, 2026 0.29
Dec 31, 2025 0.30
Sep 30, 2025 0.31
Jun 30, 2025 0.31
Mar 31, 2025 0.31
Dec 31, 2024 0.32
Sep 30, 2024 0.33
Jun 30, 2024 0.32
Mar 31, 2024 0.31
Dec 31, 2023 0.31
Sep 30, 2023 0.35
Jun 30, 2023 0.35
Mar 31, 2023 0.34
Dec 31, 2022 0.31
Sep 30, 2022 0.33
Jun 30, 2022 0.32
Mar 31, 2022 0.32
Dec 31, 2021 0.32
Sep 30, 2021 0.30
Jun 30, 2021 0.28
Mar 31, 2021 0.27
Dec 31, 2020 0.27
Sep 30, 2020 0.25
Jun 30, 2020 0.23
Mar 31, 2020 0.23
Dec 31, 2019 0.25
Sep 30, 2019 0.25
Jun 30, 2019 0.24
Mar 31, 2019 0.25
Dec 31, 2018 0.26
Sep 30, 2018 0.25
Jun 30, 2018 0.25
Mar 31, 2018 0.25
Dec 31, 2017 0.25
Sep 30, 2017 0.26
Jun 30, 2017 0.26
Mar 31, 2017 0.27
Dec 31, 2016 0.27
Sep 30, 2016 0.27
Jun 30, 2016 0.27
Mar 31, 2016 0.28
Dec 31, 2015 0.29
Sep 30, 2015 0.28
Jun 30, 2015 0.28
Mar 31, 2015 0.28
Dec 31, 2014 0.29
Sep 30, 2014 0.30
Jun 30, 2014 0.30
Mar 31, 2014 0.30
Dec 31, 2013 0.31
Sep 30, 2013 0.29
Jun 30, 2013 0.28
Mar 31, 2013 0.27
Dec 31, 2012 0.24
Sep 30, 2012 0.24
Jun 30, 2012 0.24
Mar 31, 2012 0.24
Dec 31, 2011 0.24
Sep 30, 2011 0.25
Jun 30, 2011 0.25
Mar 31, 2011 0.25
Dec 31, 2010 0.26
Sep 30, 2010 0.27
Jun 30, 2010 0.26
Dec 31, 2009 0.28