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
Download Data| Date | Value |
|---|---|
| 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 |