California Water Service (CWT) Interest Expenses (2009 - 2026)
California Water Service (CWT) posted quarterly Interest Expenses of $20.8 million for Q2 2026, up 19.15% year-over-year from $17.5 million in Q2 2025, and up 6.07% quarter-over-quarter from $19.6 million in Q1 2026.
Analysis
California Water Service (CWT) Interest Expenses (2009 - 2026) Analysis & Trends
California Water Service's Interest Expenses history runs 18 years deep, the most recent figure standing at $20.8 million for Q2 2026.
- In Q2 2026, Interest Expenses rose 19.15% year-over-year to $20.8 million; the TTM figure through Jun 2026 stood at $82.0 million (up 14.02% YoY), while the FY2025 annual figure was $70.4 million, up 15.97% from the prior year.
- Interest Expenses for Q2 2026 stood at $20.8 million, up from $19.6 million in the prior quarter.
- The five-year high for Interest Expenses was $23.6 million in Q4 2024, with the low at -$28.0 million in Q4 2023.
- The 5-year median for Interest Expenses is $14.6 million (2024), against an average of $12.3 million.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses plunged 175.68% in 2023, then surged 184.18% in 2024.
- California Water Service's Interest Expenses stood at -$10.2 million in 2022, then tumbled by 175.68% to -$28.0 million in 2023, then soared by 184.18% to $23.6 million in 2024, then declined by 0.42% to $23.5 million in 2025, then fell by 11.29% to $20.8 million in 2026.
- Business Quant data shows CWT's Interest Expenses at $20.8 million in Q2 2026, $19.6 million in Q1 2026, and $23.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 27.58 Bn | 27.39 Bn | 874.00 Mn | 167.00 Mn |
| 2 | Essential Utilities | 11.92 Bn | 11.91 Bn | 377.22 Mn | 89.11 Mn |
| 3 | American States Water | 3.50 Bn | 3.47 Bn | 169.26 Mn | 12.17 Mn |
| 4 | California Water Service | 3.04 Bn | 2.95 Bn | 263.45 Mn | 20.81 Mn |
| 5 | H2O America | 2.69 Bn | 2.58 Bn | 197.11 Mn | 17.95 Mn |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | 30.96 Mn | 4.02 Mn |
| 7 | York Water | 541.63 Mn | 541.07 Mn | 17.56 Mn | 2.28 Mn |
| 8 | Consolidated Water | 466.73 Mn | 334.10 Mn | 10.96 Mn | 479.00 |
| 9 | Artesian Resources | 371.08 Mn | 361.28 Mn | 29.37 Mn | 2.34 Mn |
| 10 | Cadiz | 345.84 Mn | 340.53 Mn | -24,000.00 | 2.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.81 Mn |
| Mar 31, 2026 | 19.62 Mn |
| Dec 31, 2025 | 18.31 Mn |
| Sep 30, 2025 | 18.11 Mn |
| Jun 30, 2025 | 17.46 Mn |
| Mar 31, 2025 | 16.51 Mn |
| Dec 31, 2024 | 15.67 Mn |
| Sep 30, 2024 | 14.38 Mn |
| Jun 30, 2024 | 14.84 Mn |
| Mar 31, 2024 | 15.80 Mn |
| Dec 31, 2023 | 13.02 Mn |
| Sep 30, 2023 | 13.48 Mn |
| Jun 30, 2023 | 13.49 Mn |
| Mar 31, 2023 | 12.82 Mn |
| Dec 31, 2022 | 11.71 Mn |
| Sep 30, 2022 | 11.89 Mn |
| Jun 30, 2022 | 11.59 Mn |
| Mar 31, 2022 | 11.50 Mn |
| Dec 31, 2021 | 11.82 Mn |
| Sep 30, 2021 | 11.74 Mn |