California Water Service (CWT) Tax Rate (2009 - 2026)
California Water Service's quarterly Tax Rate came in at 95.6% in Q1 2026, down 12478.0% year-on-year from N/an in Q1 2025, and down 730.58% quarter-over-quarter from 15.16% in Q4 2025.
California Water Service has reported Tax Rate for 18 years, with the latest figure at 95.6% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 12478.0% year-over-year to 95.6%; the trailing twelve-month figure through Mar 2026 stood at 32.84% (up 1544.0% YoY), and the FY2025 full-year result was 18.43%, up 1532.0% from the prior year.
- Tax Rate for Q1 2026 stood at 95.6%, down from 15.16% in the prior quarter.
- The five-year high for Tax Rate was 288.21% in Q4 2023, with the low at 95.6% in Q1 2026.
- Average Tax Rate over 5 years is 28.52%, with a median of 16.34% recorded in 2023.
- Year-over-year, Tax Rate surged 30505 bps in 2023 and plunged 28506 bps in 2024.
- Tracing CWT's Tax Rate over 5 years: stood at 16.84% in 2022, then jumped by 1812 bps to 288.21% in 2023, then tumbled by 99 bps to 3.15% in 2024, then soared by 382 bps to 15.16% in 2025, then plunged by 731 bps to 95.6% in 2026.
- The last three Tax Rate figures came in at 95.6% (Q1 2026), 15.16% (Q4 2025), and 23.55% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 24.16 Bn | 24.02 Bn | 714.00 Mn | 24.32 |
| 2 | Aris Mining | 20.33 Bn | 19.86 Bn | 233.28 Mn | - |
| 3 | Essential Utilities | 10.48 Bn | 10.40 Bn | 685.96 Mn | 2.77 |
| 4 | American States Water | 2.94 Bn | 2.93 Bn | 104.19 Mn | 21.20 |
| 5 | California Water Service | 2.58 Bn | 2.48 Bn | 183.34 Mn | -95.60 |
| 6 | H2O America | 2.18 Bn | 2.03 Bn | 171.30 Mn | 15.17 |
| 7 | Middlesex Water | 959.61 Mn | 957.57 Mn | 25.70 Mn | 10.81 |
| 8 | Consolidated Water | 465.28 Mn | 344.14 Mn | 10.92 Mn | 4.85 |
| 9 | York Water | 430.12 Mn | 430.12 Mn | 13.98 Mn | -21.29 |
| 10 | Artesian Resources | 332.86 Mn | 328.60 Mn | 26.56 Mn | 50.86 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -95.60 |
| Mar 31, 2026 | -95.60 |
| Dec 31, 2025 | 15.16 |
| Dec 31, 2025 | 15.16 |
| Sep 30, 2025 | 23.55 |
| Sep 30, 2025 | 23.55 |
| Jun 30, 2025 | 25.24 |
| Jun 30, 2025 | 25.24 |
| Mar 31, 2025 | 29.18 |
| Mar 31, 2025 | 29.18 |
| Dec 31, 2024 | 3.15 |
| Dec 31, 2024 | 3.15 |
| Sep 30, 2024 | 26.47 |
| Sep 30, 2024 | 26.47 |
| Jun 30, 2024 | 22.69 |
| Jun 30, 2024 | 22.69 |
| Mar 31, 2024 | 1.74 |
| Mar 31, 2024 | 1.74 |
| Dec 31, 2023 | 288.21 |
| Dec 31, 2023 | 288.21 |
| Sep 30, 2023 | 16.34 |
| Sep 30, 2023 | 16.34 |
| Jun 30, 2023 | 72.17 |
| Jun 30, 2023 | 72.17 |
| Mar 31, 2023 | 13.05 |
| Mar 31, 2023 | 13.05 |
| Dec 31, 2022 | -16.84 |
| Dec 31, 2022 | -16.84 |
| Sep 30, 2022 | 0.61 |
| Sep 30, 2022 | 0.61 |
| Jun 30, 2022 | 9.60 |
| Jun 30, 2022 | 9.60 |
| Mar 31, 2022 | 50.17 |
| Mar 31, 2022 | 50.17 |
| Dec 31, 2021 | -115.30 |
| Dec 31, 2021 | -115.30 |
| Sep 30, 2021 | 2.93 |
| Sep 30, 2021 | 2.93 |
| Jun 30, 2021 | 8.00 |
| Jun 30, 2021 | 8.00 |
| Mar 31, 2021 | -16.30 |
| Mar 31, 2021 | -16.30 |
| Dec 31, 2020 | 28.55 |
| Dec 31, 2020 | 28.55 |
| Sep 30, 2020 | 0.24 |
| Sep 30, 2020 | 0.24 |
| Jun 30, 2020 | 93.18 |
| Jun 30, 2020 | 93.18 |
| Mar 31, 2020 | 5.15 |
| Mar 31, 2020 | 5.15 |
| Dec 31, 2019 | 6.53 |
| Dec 31, 2019 | 6.53 |
| Sep 30, 2019 | 28.73 |
| Sep 30, 2019 | 28.73 |
| Jun 30, 2019 | 2.11 |
| Jun 30, 2019 | 2.11 |
| Mar 31, 2019 | 20.76 |
| Mar 31, 2019 | 20.76 |
| Dec 31, 2018 | 4.78 |
| Dec 31, 2018 | 4.78 |
| Sep 30, 2018 | -0.82 |
| Sep 30, 2018 | -0.82 |
| Jun 30, 2018 | -4.90 |
| Jun 30, 2018 | -4.90 |
| Mar 31, 2018 | -118.81 |
| Mar 31, 2018 | -118.81 |
| Dec 31, 2017 | -169.51 |
| Dec 31, 2017 | -169.51 |
| Sep 30, 2017 | -0.07 |
| Sep 30, 2017 | -0.07 |
| Jun 30, 2017 | 40.96 |
| Jun 30, 2017 | 40.96 |
| Mar 31, 2017 | 23.54 |
| Mar 31, 2017 | 23.54 |
| Dec 31, 2016 | 74.27 |
| Dec 31, 2016 | 74.27 |
| Sep 30, 2016 | 63.03 |
| Sep 30, 2016 | 63.03 |
| Jun 30, 2016 | 46.13 |
| Jun 30, 2016 | 46.13 |
| Mar 31, 2016 | -10.08 |
| Mar 31, 2016 | -10.08 |
| Dec 31, 2015 | 333.17 |
| Dec 31, 2015 | 333.17 |
| Sep 30, 2015 | -1.05 |
| Sep 30, 2015 | -1.05 |
| Jun 30, 2015 | -0.11 |
| Jun 30, 2015 | -0.11 |
| Mar 31, 2015 | 94.16 |
| Mar 31, 2015 | 94.16 |
| Dec 31, 2014 | -116.99 |
| Dec 31, 2014 | -116.99 |
| Sep 30, 2014 | -0.50 |
| Sep 30, 2014 | -0.50 |
| Jun 30, 2014 | 2.93 |
| Jun 30, 2014 | 2.93 |
| Mar 31, 2014 | -1.42 |
| Mar 31, 2014 | -1.42 |
| Dec 31, 2013 | 88.39 |
| Dec 31, 2013 | 88.39 |
| Sep 30, 2013 | 1.00 |
| Sep 30, 2013 | 1.00 |
| Jun 30, 2013 | -0.12 |
| Jun 30, 2013 | -0.12 |
| Mar 31, 2013 | -26.11 |
| Mar 31, 2013 | -26.11 |
| Dec 31, 2012 | 8.70 |
| Dec 31, 2012 | 8.70 |
| Sep 30, 2012 | 1.49 |
| Sep 30, 2012 | 1.49 |
| Jun 30, 2012 | 1.08 |
| Jun 30, 2012 | 1.08 |
| Mar 31, 2012 | -637.98 |
| Mar 31, 2012 | -637.98 |
| Dec 31, 2011 | 7,392.01 |
| Dec 31, 2011 | 7,392.01 |
| Sep 30, 2011 | 69.82 |
| Sep 30, 2011 | 69.82 |
| Jun 30, 2011 | 75.15 |
| Jun 30, 2011 | 75.15 |
| Mar 31, 2011 | -19.02 |
| Mar 31, 2011 | -19.02 |
| Dec 31, 2010 | 32.58 |
| Dec 31, 2010 | 32.58 |
| Sep 30, 2010 | 2.85 |
| Sep 30, 2010 | 2.85 |
| Jun 30, 2010 | 1.66 |
| Jun 30, 2010 | 1.66 |
| Mar 31, 2010 | -4.34 |
| Mar 31, 2010 | -4.34 |
| Dec 31, 2009 | 82.25 |
| Dec 31, 2009 | 82.25 |
| Sep 30, 2009 | 3.99 |
| Sep 30, 2009 | 3.99 |
| Jun 30, 2009 | 9.33 |
| Jun 30, 2009 | 9.33 |