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
DateValue
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%