California Water Service (CWT) Net Margin (2009 - 2026)
California Water Service (CWT) posted quarterly Net Margin of 11.52% for Q2 2026, up 148.0% year-over-year from 4.64% in Q2 2025, and up 1434.55% quarter-over-quarter from 0.86% in Q1 2026.
California Water Service (CWT) Net Margin (2009 - 2026) Analysis & Trends
California Water Service's Net Margin history runs 18 years deep, the most recent figure standing at 11.52% for Q2 2026.
- In Q2 2026, Net Margin rose 148.0% year-over-year to 11.52%; the TTM figure through Jun 2026 stood at 7.83% (changed 0.0% YoY), while the FY2025 annual figure was 8.46%, down 360.0% from the prior year.
- Net Margin for Q2 2026 stood at 11.52%, up from 0.86% in the prior quarter.
- The five-year high for Net Margin was 27.87% in Q4 2023, with the low at 19.54% in Q1 2023.
- The 5-year median for Net Margin is 9.96% (2025), against an average of 8.08%.
- Peak annual rise in Net Margin reached 3651 bps in 2024, while the deepest fall reached 2280 bps in 2024.
- California Water Service's Net Margin stood at 18.82% in 2022, then jumped by 48 bps to 27.87% in 2023, then sank by 82 bps to 5.07% in 2024, then fell by 29 bps to 3.62% in 2025, then jumped by 218 bps to 11.52% in 2026.
- Business Quant data shows CWT's Net Margin at 11.52% in Q2 2026, 0.86% in Q1 2026, and 3.62% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.51 Bn | 26.32 Bn | - | 23.25% |
| 2 | Essential Utilities | 11.31 Bn | 11.30 Bn | - | 19.92% |
| 3 | American States Water | 3.36 Bn | 3.34 Bn | 278.03 Mn | 9.45% |
| 4 | California Water Service | 3.01 Bn | 2.92 Bn | 263.45 Mn | 11.52% |
| 5 | H2O America | 2.59 Bn | 2.48 Bn | 197.11 Mn | 12.62% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 26.18% |
| 7 | Consolidated Water | 516.16 Mn | 389.83 Mn | 10.92 Mn | -0.14% |
| 8 | York Water | 516.05 Mn | 515.50 Mn | - | 32.38% |
| 9 | Artesian Resources | 361.28 Mn | 357.03 Mn | 26.56 Mn | 7.16% |
| 10 | Pure Cycle | 274.54 Mn | 266.10 Mn | 4.29 Mn | 35.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.52% |
| Mar 31, 2026 | 4.81% |
| Dec 31, 2025 | -9.51% |
| Sep 30, 2025 | 13.14% |
| Jun 30, 2025 | 14.52% |
| Mar 31, 2025 | 7.79% |
| Dec 31, 2024 | 22.03% |
| Sep 30, 2024 | 20.20% |
| Jun 30, 2024 | 17.43% |
| Mar 31, 2024 | 20.98% |
| Dec 31, 2023 | 27.24% |
| Sep 30, 2023 | 10.07% |
| Jun 30, 2023 | 0.75% |
| Mar 31, 2023 | -17.54% |
| Dec 31, 2022 | 9.55% |
| Sep 30, 2022 | 17.81% |
| Jun 30, 2022 | 8.51% |
| Mar 31, 2022 | 2.09% |
| Dec 31, 2021 | 15.84% |
| Sep 30, 2021 | 23.26% |