Growth Metrics

California Water Service (CWT) FCF Margin (2009 - 2026)

California Water Service's quarterly FCF Margin came in at 37.32% in Q1 2026, down 217.0% year-on-year from 31.89% in Q1 2025, and down 302.25% quarter-over-quarter from 18.45% in Q4 2025.

California Water Service has reported FCF Margin for 18 years, with the latest figure at 37.32% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 217.0% year-over-year to 37.32%; the trailing twelve-month figure through Mar 2026 stood at 22.39% (up 4720.0% YoY), and the FY2025 full-year result was 23.47%, up 4082.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 37.32%, down from 18.45% in the prior quarter.
  • The five-year high for FCF Margin was 108.05% in Q3 2025, with the low at 155.4% in Q4 2024.
  • Average FCF Margin over 5 years is 2.93%, with a median of 2.05% recorded in 2022.
  • Year-over-year, FCF Margin tumbled 18867 bps in 2024 and surged 17385 bps in 2025.
  • Tracing CWT's FCF Margin over 5 years: stood at 30.73% in 2022, then jumped by 208 bps to 33.27% in 2023, then slumped by 567 bps to 155.4% in 2024, then soared by 112 bps to 18.45% in 2025, then slumped by 302 bps to 37.32% in 2026.
  • The last three FCF Margin figures came in at 37.32% (Q1 2026), 18.45% (Q4 2025), and 108.05% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 American Water Works Company 24.16 Bn 24.02 Bn 714.00 Mn -29.33%
2 Aris Mining 20.33 Bn 19.86 Bn 233.28 Mn 42.64%
3 Essential Utilities 10.48 Bn 10.40 Bn 685.96 Mn -0.45%
4 American States Water 2.94 Bn 2.93 Bn 104.19 Mn -153.85%
5 California Water Service 2.58 Bn 2.48 Bn 183.34 Mn -37.32%
6 H2O America 2.18 Bn 2.03 Bn 171.30 Mn -1.64%
7 Middlesex Water 959.61 Mn 957.57 Mn 25.70 Mn 24.08%
8 Consolidated Water 465.28 Mn 344.14 Mn 10.92 Mn 16.35%
9 York Water 430.12 Mn 430.12 Mn 13.98 Mn -22.29%
10 Artesian Resources 332.86 Mn 328.60 Mn 26.56 Mn -16.21%

Historic Data

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DateValue
Mar 31, 2026 -37.32%
Dec 31, 2025 18.45%
Sep 30, 2025 108.05%
Jun 30, 2025 -26.60%
Mar 31, 2025 -35.14%
Dec 31, 2024 -155.40%
Sep 30, 2024 32.13%
Jun 30, 2024 32.79%
Mar 31, 2024 -4.06%
Dec 31, 2023 33.27%
Sep 30, 2023 40.79%
Jun 30, 2023 4.71%
Mar 31, 2023 -16.07%
Dec 31, 2022 -30.73%
Sep 30, 2022 12.18%
Jun 30, 2022 -24.80%
Mar 31, 2022 -2.05%
Dec 31, 2021 116.85%
Sep 30, 2021 -16.72%
Jun 30, 2021 24.01%
Mar 31, 2021 -24.93%
Dec 31, 2020 99.14%
Sep 30, 2020 -3.64%
Jun 30, 2020 -29.82%
Mar 31, 2020 -48.74%
Dec 31, 2019 110.02%
Sep 30, 2019 5.14%
Jun 30, 2019 -21.68%
Mar 31, 2019 -31.51%
Dec 31, 2018 0.40%
Sep 30, 2018 -4.08%
Jun 30, 2018 -23.97%
Mar 31, 2018 -31.51%
Dec 31, 2017 -24.77%
Sep 30, 2017 1.09%
Jun 30, 2017 -20.43%
Mar 31, 2017 -30.20%
Dec 31, 2016 -17.17%
Sep 30, 2016 7.58%
Jun 30, 2016 -20.71%
Mar 31, 2016 -20.51%
Dec 31, 2015 -21.73%
Sep 30, 2015 14.00%
Jun 30, 2015 -13.38%
Mar 31, 2015 -6.69%
Dec 31, 2014 -12.95%
Sep 30, 2014 14.53%
Jun 30, 2014 0.18%
Mar 31, 2014 -12.80%
Dec 31, 2013 -4.44%
Sep 30, 2013 19.81%
Jun 30, 2013 -10.91%
Mar 31, 2013 -11.26%
Dec 31, 2012 3.64%
Sep 30, 2012 16.67%
Jun 30, 2012 -16.81%
Mar 31, 2012 -4.92%
Dec 31, 2011 -15.03%
Sep 30, 2011 7.57%
Jun 30, 2011 -3.58%
Mar 31, 2011 0.11%
Dec 31, 2010 -25.17%
Sep 30, 2010 3.91%
Jun 30, 2010 -19.95%
Mar 31, 2010 -4.42%
Dec 31, 2009 -27.06%
Sep 30, 2009 9.43%