California Water Service (CWT) Interest Coverage Ratio (2009 - 2026)
California Water Service's quarterly Interest Coverage Ratio came in at 0.93 in Q1 2026, down 31.6% year-on-year from 1.35 in Q1 2025, and up 109.42% quarter-over-quarter from 0.44 in Q4 2025.
California Water Service has reported Interest Coverage Ratio for 18 years, with the latest figure at 0.93 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 31.6% year-over-year to 0.93; the trailing twelve-month figure through Mar 2026 stood at 1.48 (up 108.09% YoY), and the FY2025 full-year result was 2.55, down 83.88% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 0.93, up from 0.44 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 71.46 in Q3 2024, with the low at 1.46 in Q1 2023.
- Average Interest Coverage Ratio over 5 years is 9.43, with a median of 2.97 recorded in 2025.
- Year-over-year, Interest Coverage Ratio plunged 274.86% in 2023 and jumped 2827.28% in 2024.
- Tracing CWT's Interest Coverage Ratio over 5 years: stood at 11.0 in 2022, then tumbled by 91.7% to 0.91 in 2023, then plunged by 214.59% to 1.05 in 2024, then surged by 142.26% to 0.44 in 2025, then jumped by 109.42% to 0.93 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.93 (Q1 2026), 0.44 (Q4 2025), and 4.12 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 24.16 Bn | 24.02 Bn | 714.00 Mn | 2.40 |
| 2 | Aris Mining | 20.33 Bn | 19.86 Bn | 233.28 Mn | 24.17 |
| 3 | Essential Utilities | 10.48 Bn | 10.40 Bn | 685.96 Mn | 3.56 |
| 4 | American States Water | 2.94 Bn | 2.93 Bn | 104.19 Mn | 4.14 |
| 5 | California Water Service | 2.58 Bn | 2.48 Bn | 183.34 Mn | 0.93 |
| 6 | H2O America | 2.18 Bn | 2.03 Bn | 171.30 Mn | 1.99 |
| 7 | Middlesex Water | 959.61 Mn | 957.57 Mn | 25.70 Mn | 4.08 |
| 8 | Consolidated Water | 465.28 Mn | 344.14 Mn | 10.92 Mn | 1,257.21 |
| 9 | York Water | 430.12 Mn | 430.12 Mn | 13.98 Mn | 2.34 |
| 10 | Artesian Resources | 332.86 Mn | 328.60 Mn | 26.56 Mn | 2.82 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.93 |
| Dec 31, 2025 | 0.44 |
| Sep 30, 2025 | 4.12 |
| Jun 30, 2025 | 2.97 |
| Mar 31, 2025 | 1.35 |
| Dec 31, 2024 | -1.05 |
| Sep 30, 2024 | 71.46 |
| Jun 30, 2024 | 11.68 |
| Mar 31, 2024 | 39.86 |
| Dec 31, 2023 | 0.91 |
| Sep 30, 2023 | 3.40 |
| Jun 30, 2023 | 1.18 |
| Mar 31, 2023 | -1.46 |
| Dec 31, 2022 | 11.00 |
| Sep 30, 2022 | 9.41 |
| Jun 30, 2022 | 3.20 |
| Mar 31, 2022 | 0.84 |
| Dec 31, 2021 | 0.80 |
| Sep 30, 2021 | 12.31 |
| Jun 30, 2021 | 3.77 |
| Mar 31, 2021 | 0.61 |
| Dec 31, 2020 | -1.51 |
| Sep 30, 2020 | 37.02 |
| Jun 30, 2020 | 1.08 |
| Mar 31, 2020 | -0.64 |
| Dec 31, 2019 | 1.44 |
| Sep 30, 2019 | 5.02 |
| Jun 30, 2019 | 6.93 |
| Mar 31, 2019 | 0.04 |
| Dec 31, 2018 | 2.73 |
| Sep 30, 2018 | 4.59 |
| Jun 30, 2018 | 2.65 |
| Mar 31, 2018 | 1.07 |
| Dec 31, 2017 | 3.37 |
| Sep 30, 2017 | 17.04 |
| Jun 30, 2017 | 17.42 |
| Mar 31, 2017 | 1.46 |
| Dec 31, 2016 | -1.58 |
| Sep 30, 2016 | 3.54 |
| Jun 30, 2016 | 6.60 |
| Mar 31, 2016 | 0.78 |
| Dec 31, 2015 | 2.02 |
| Sep 30, 2015 | 4.47 |
| Jun 30, 2015 | 2.34 |
| Mar 31, 2015 | 1.06 |
| Dec 31, 2014 | 0.96 |
| Sep 30, 2014 | 5.65 |
| Jun 30, 2014 | 3.39 |
| Mar 31, 2014 | 0.17 |
| Dec 31, 2013 | -1.09 |
| Sep 30, 2013 | 12.67 |
| Jun 30, 2013 | 2.86 |
| Mar 31, 2013 | 0.77 |
| Dec 31, 2012 | 3.68 |
| Sep 30, 2012 | 4.53 |
| Jun 30, 2012 | 2.85 |
| Mar 31, 2012 | 0.98 |
| Dec 31, 2011 | 0.96 |
| Sep 30, 2011 | 4.10 |
| Jun 30, 2011 | 2.43 |
| Mar 31, 2011 | 2.91 |
| Dec 31, 2010 | 1.58 |
| Sep 30, 2010 | 11.68 |
| Jun 30, 2010 | 2.76 |
| Mar 31, 2010 | 1.20 |
| Dec 31, 2009 | -4.28 |
| Sep 30, 2009 | 3.72 |
| Jun 30, 2009 | 3.00 |