California Water Service (CWT) Tax Rate (2009 - 2026)
California Water Service (CWT) posted quarterly Tax Rate of 30.48% for Q2 2026, up 591.0% year-over-year from 4.41% in Q2 2025, and up 108.05% quarter-over-quarter from 378.55% in Q1 2026.
California Water Service (CWT) Tax Rate (2009 - 2026) Analysis & Trends
California Water Service's Tax Rate history runs 18 years deep, the most recent figure standing at 30.48% for Q2 2026.
- In Q2 2026, Tax Rate rose 591.0% year-over-year to 30.48%; the TTM figure through Jun 2026 stood at 23.07% (down 278.0% YoY), while the FY2025 annual figure was 18.43%, down 694.0% from the prior year.
- Tax Rate for Q2 2026 stood at 30.48%, up from 378.55% in the prior quarter.
- The five-year high for Tax Rate was 55.33% in Q2 2023, with the low at 378.55% in Q1 2026.
- The 5-year median for Tax Rate is 19.94% (2023), against an average of 10.35%.
- The sharpest annual moves came in 2022 and 2026: Tax Rate jumped 5555 bps in 2022, then plunged 41946 bps in 2026.
- California Water Service's Tax Rate stood at 2.06% in 2022, then jumped by 413 bps to 6.43% in 2023, then plunged by 393 bps to 18.85% in 2024, then slumped by 748 bps to 159.8% in 2025, then soared by 119 bps to 30.48% in 2026.
- Business Quant data shows CWT's Tax Rate at 30.48% in Q2 2026, 378.55% in Q1 2026, and 159.8% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.64 Bn | 26.45 Bn | - | 22.22% |
| 2 | Essential Utilities | 11.35 Bn | 11.35 Bn | - | 3.11% |
| 3 | American States Water | 3.37 Bn | 3.36 Bn | 278.03 Mn | 21.20% |
| 4 | California Water Service | 3.03 Bn | 2.94 Bn | 263.45 Mn | 30.48% |
| 5 | H2O America | 2.61 Bn | 2.51 Bn | 197.11 Mn | 13.09% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 10.80% |
| 7 | York Water | 517.33 Mn | 516.77 Mn | - | 2.13% |
| 8 | Consolidated Water | 515.60 Mn | 389.27 Mn | 10.92 Mn | 4.85% |
| 9 | Artesian Resources | 361.44 Mn | 357.18 Mn | 26.56 Mn | 50.86% |
| 10 | Pure Cycle | 275.03 Mn | 266.59 Mn | 4.29 Mn | 24.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.48% |
| Jun 30, 2026 | 30.48% |
| Jun 30, 2026 | 30.48% |
| Mar 31, 2026 | 11.87% |
| Mar 31, 2026 | 11.87% |
| Mar 31, 2026 | 11.87% |
| Dec 31, 2025 | 18.97% |
| Dec 31, 2025 | 18.97% |
| Dec 31, 2025 | 18.97% |
| Sep 30, 2025 | 23.55% |
| Sep 30, 2025 | 23.55% |
| Sep 30, 2025 | 23.55% |
| Jun 30, 2025 | 18.39% |
| Jun 30, 2025 | 18.39% |
| Jun 30, 2025 | 18.39% |
| Mar 31, 2025 | 9.68% |
| Mar 31, 2025 | 9.68% |
| Mar 31, 2025 | 9.68% |
| Dec 31, 2024 | 3.90% |
| Dec 31, 2024 | 3.90% |