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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 27.55 Bn | 27.36 Bn | 874.00 Mn | 22.22% |
| 2 | Essential Utilities | 11.89 Bn | 11.88 Bn | 377.22 Mn | 3.11% |
| 3 | American States Water | 3.51 Bn | 3.49 Bn | 169.26 Mn | 25.07% |
| 4 | California Water Service | 3.04 Bn | 2.95 Bn | 263.45 Mn | 30.48% |
| 5 | H2O America | 2.71 Bn | 2.60 Bn | 197.11 Mn | 13.09% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | 30.96 Mn | 10.80% |
| 7 | York Water | 544.88 Mn | 544.33 Mn | 17.56 Mn | 2.13% |
| 8 | Consolidated Water | 466.57 Mn | 333.94 Mn | 10.96 Mn | 5.98% |
| 9 | Artesian Resources | 372.32 Mn | 362.52 Mn | 29.37 Mn | 36.07% |
| 10 | Cadiz | 344.58 Mn | 339.26 Mn | -24,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.48% |
| Mar 31, 2026 | -378.55% |
| Dec 31, 2025 | -59.61% |
| Sep 30, 2025 | 23.55% |
| Jun 30, 2025 | 24.57% |
| Mar 31, 2025 | 40.91% |
| Dec 31, 2024 | -10.29% |
| Sep 30, 2024 | 32.78% |
| Jun 30, 2024 | 29.28% |
| Mar 31, 2024 | 26.89% |
| Dec 31, 2023 | 17.93% |
| Sep 30, 2023 | 16.34% |
| Jun 30, 2023 | 55.33% |
| Mar 31, 2023 | 13.21% |
| Dec 31, 2022 | -5.02% |
| Sep 30, 2022 | 11.64% |
| Jun 30, 2022 | 11.04% |
| Mar 31, 2022 | 50.45% |
| Dec 31, 2021 | 66.20% |
| Sep 30, 2021 | 3.19% |