California Water Service (CWT) Operating Income (2009 - 2026)
California Water Service (CWT) recorded Operating Income of $70.9 million in Q2 2026, up 36.8% from $51.81 million a year earlier and up 290.3% from the prior quarter.
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Analysis
California Water Service (CWT) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, California Water Service's Operating Income came in at $185.28 million as of Jun 30, 2026, up 7.0% year-over-year; for FY2025, it came in at $170.37 million, down 24.3% from FY2024.
- Annual Operating Income has a five-year compound annual growth rate of 4.5% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $225.05 million in FY2024 (+191.8%), $77.14 million in FY2023 (-39.6%), $127.66 million in FY2022 (+0.7%) and $126.77 million in FY2021 (-7.2%).
- The Q2 2026 figure is the highest quarterly Operating Income since Q1 2024.
- On a year-over-year basis, Operating Income rose in four of the last eight quarters, with an average decline of 1.9%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 213.1% in Q1 2022, against a decline of 71.3% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $18.16 million (Q1 2026), $25.6 million (Q4 2025) and $70.62 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 685.00 Mn |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 329.00 Mn |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 706.00 Mn |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 432.80 Mn |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 459.00 Mn |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 581.23 Mn |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 320.41 Mn |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 542.00 Mn |
| 10 | California Water Service | 2.82 Bn | 2.60 Bn | - | 70.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.90 Mn |
| Mar 31, 2026 | 18.16 Mn |
| Dec 31, 2025 | 25.60 Mn |
| Sep 30, 2025 | 70.62 Mn |
| Jun 30, 2025 | 51.81 Mn |
| Mar 31, 2025 | 22.35 Mn |
| Dec 31, 2024 | 32.25 Mn |
| Sep 30, 2024 | 66.75 Mn |
| Jun 30, 2024 | 48.17 Mn |
| Mar 31, 2024 | 77.89 Mn |
| Dec 31, 2023 | 35.24 Mn |
| Sep 30, 2023 | 43.47 Mn |
| Jun 30, 2023 | 15.95 Mn |
| Mar 31, 2023 | -17.52 Mn |
| Dec 31, 2022 | 26.29 Mn |
| Sep 30, 2022 | 64.95 Mn |
| Jun 30, 2022 | 27.29 Mn |
| Mar 31, 2022 | 9.14 Mn |
| Dec 31, 2021 | 10.45 Mn |
| Sep 30, 2021 | 71.15 Mn |
API Access
California Water Service Operating Income 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=operating-income&ticker=CWT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=CWT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();