California Water Service (CWT) Interest Coverage Ratio (2009 - 2026)
California Water Service's Interest Coverage Ratio came in at 3.41 for Q2 2026, up 14.8% from 2.97 a year earlier and up 268.0% from the prior quarter.
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Analysis
California Water Service (CWT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, California Water Service reported Interest Coverage Ratio of 2.41, down 10.8% year-over-year; for FY2025, it came in at 2.42, down 34.7% from FY2024.
- Going back by year, Interest Coverage Ratio was 3.71 in FY2024 (+153.8%), 1.46 in FY2023 (-46.6%), 2.73 in FY2022 (-3.0%) and 2.82 in FY2021 (-7.1%).
- The five-year range for quarterly Interest Coverage Ratio is -1.37 (Q1 2023) to 6.06 (Q3 2021).
- Year-over-year, Interest Coverage Ratio increased in two of the last eight quarters, with an average decline of 15.7%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q1 2022 (growth of 178.4%), and the weakest in Q1 2025 (a decline of 72.5%).
- Business Quant data shows CWT's Interest Coverage Ratio at 0.93 (Q1 2026), 1.40 (Q4 2025) and 3.90 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 5.19 |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 0.59 |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 1.59 |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 1.89 |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 2.20 |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 2.08 |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 9.67 |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 3.25 |
| 10 | California Water Service | 2.82 Bn | 2.60 Bn | - | 3.41 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.41 |
| Mar 31, 2026 | 0.93 |
| Dec 31, 2025 | 1.40 |
| Sep 30, 2025 | 3.90 |
| Jun 30, 2025 | 2.97 |
| Mar 31, 2025 | 1.35 |
| Dec 31, 2024 | 2.06 |
| Sep 30, 2024 | 4.64 |
| Jun 30, 2024 | 3.25 |
| Mar 31, 2024 | 4.93 |
| Dec 31, 2023 | 2.71 |
| Sep 30, 2023 | 3.22 |
| Jun 30, 2023 | 1.18 |
| Mar 31, 2023 | -1.37 |
| Dec 31, 2022 | 2.24 |
| Sep 30, 2022 | 5.46 |
| Jun 30, 2022 | 2.36 |
| Mar 31, 2022 | 0.79 |
| Dec 31, 2021 | 0.88 |
| Sep 30, 2021 | 6.06 |
API Access
California Water Service Interest Coverage Ratio 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=interest-coverage-ratio&ticker=CWT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=CWT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();