California Water Service (CWT) Return on Capital Employed (2010 - 2026)
California Water Service (CWT) posted quarterly Return on Capital Employed of 3.5% for Q2 2026, down 22.0% year-over-year from 4.49% in Q2 2025, and up 9.25% quarter-over-quarter from 3.21% in Q1 2026.
California Water Service (CWT) Return on Capital Employed (2010 - 2026) Analysis & Trends
California Water Service's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 3.5% for Q2 2026.
- In Q2 2026, Return on Capital Employed fell 22.0% year-over-year to 3.5%; the TTM figure through Jun 2026 stood at 3.5% (down 22.0% YoY), while the FY2025 annual figure was 3.4%, down 177.0% from the prior year.
- Return on Capital Employed for Q2 2026 stood at 3.5%, up from 3.21% in the prior quarter.
- The five-year high for Return on Capital Employed was 5.22% in Q3 2024, with the low at 1.88% in Q3 2023.
- The 5-year median for Return on Capital Employed is 3.5% (2022), against an average of 3.52%.
- The sharpest annual moves came in 2022 and 2024: Return on Capital Employed sank 210 bps in 2022, then surged 334 bps in 2024.
- California Water Service's Return on Capital Employed stood at 3.41% in 2022, then slumped by 42 bps to 1.98% in 2023, then surged by 149 bps to 4.94% in 2024, then sank by 33 bps to 3.29% in 2025, then advanced by 6 bps to 3.5% in 2026.
- Business Quant data shows CWT's Return on Capital Employed at 3.5% in Q2 2026, 3.21% in Q1 2026, and 3.29% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.66 Bn | 26.47 Bn | - | 5.99% |
| 2 | Essential Utilities | 11.36 Bn | 11.35 Bn | - | 4.68% |
| 3 | American States Water | 3.38 Bn | 3.36 Bn | 278.03 Mn | 8.10% |
| 4 | California Water Service | 3.02 Bn | 2.93 Bn | 263.45 Mn | 3.50% |
| 5 | H2O America | 2.60 Bn | 2.49 Bn | 197.11 Mn | 3.41% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 4.63% |
| 7 | Consolidated Water | 517.12 Mn | 390.79 Mn | 10.92 Mn | 7.47% |
| 8 | York Water | 517.01 Mn | 516.45 Mn | - | 4.50% |
| 9 | Artesian Resources | 362.21 Mn | 357.96 Mn | 26.56 Mn | 3.42% |
| 10 | Pure Cycle | 274.66 Mn | 266.22 Mn | 4.29 Mn | 7.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.50% |
| Mar 31, 2026 | 3.21% |
| Dec 31, 2025 | 3.29% |
| Sep 30, 2025 | 3.74% |
| Jun 30, 2025 | 3.73% |
| Mar 31, 2025 | 3.67% |
| Dec 31, 2024 | 4.94% |
| Sep 30, 2024 | 5.22% |
| Jun 30, 2024 | 4.75% |
| Mar 31, 2024 | 4.13% |
| Dec 31, 2023 | 1.98% |
| Sep 30, 2023 | 1.88% |
| Jun 30, 2023 | 2.51% |
| Mar 31, 2023 | 2.71% |
| Dec 31, 2022 | 3.41% |
| Sep 30, 2022 | 3.27% |
| Jun 30, 2022 | 3.50% |
| Mar 31, 2022 | 3.97% |
| Dec 31, 2021 | 3.75% |
| Sep 30, 2021 | 4.34% |