California Water Service (CWT) Net Margin (2009 - 2026)
California Water Service (CWT) posted Net Margin of 18.30% for Q2 2026, up 2.38 percentage points from 15.92% a year earlier and up 16.42 percentage points from the prior quarter.
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Analysis
California Water Service (CWT) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at California Water Service was 12.63%, down 1.08 percentage points year-over-year; for FY2025, it came in at 12.82%, down 5.58 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +0.63 percentage points (FY2020 to FY2025).
- In prior years, California Water Service's Net Margin was 18.40% in FY2024 (+11.87 pp), 6.53% in FY2023 (-4.81 pp), 11.34% in FY2022 (-1.44 pp) and 12.79% in FY2021 (+0.60 pp).
- Quarterly Net Margin has run from a low of -16.94% in Q1 2023 to a high of 25.82% in Q1 2024 over five years.
- On a year-over-year basis, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -3.11 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q1 2024, with a gain of 42.77 percentage points; the weakest was Q1 2025, with a drop of 19.29 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 1.88% (Q1 2026), 5.22% (Q4 2025) and 19.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 11.99% |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 7.59% |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 18.79% |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 14.51% |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 15.01% |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 13.51% |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 27.61% |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 23.25% |
| 10 | California Water Service | 2.82 Bn | 2.60 Bn | - | 18.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.30% |
| Mar 31, 2026 | 1.88% |
| Dec 31, 2025 | 5.22% |
| Sep 30, 2025 | 19.67% |
| Jun 30, 2025 | 15.92% |
| Mar 31, 2025 | 6.54% |
| Dec 31, 2024 | 8.85% |
| Sep 30, 2024 | 20.26% |
| Jun 30, 2024 | 16.60% |
| Mar 31, 2024 | 25.82% |
| Dec 31, 2023 | 14.04% |
| Sep 30, 2023 | 13.51% |
| Jun 30, 2023 | 4.92% |
| Mar 31, 2023 | -16.94% |
| Dec 31, 2022 | 9.74% |
| Sep 30, 2022 | 20.98% |
| Jun 30, 2022 | 9.45% |
| Mar 31, 2022 | 0.63% |
| Dec 31, 2021 | 2.02% |
| Sep 30, 2021 | 24.32% |
API Access
California Water Service Net Margin 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=net-margin&ticker=CWT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=CWT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();