CWT FY 2022 Earnings — California Water Service Group Revenue & Financial Results | Market Cap Arena

CWTCalifornia Water Service Group

$3B

FY 2022 Earnings

Utilities Regulated Water

Income Statement

Revenue

$846M+7.0% YoY

Gross Profit

$530M62.7% margin

Operating Income

$128M15.1% margin

Net Income

$96M11.3% margin

EPS (Diluted)

$1.77

Cash Flow

Operating Cash Flow

$244M

Free Cash Flow

-$84M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$2.6B

Stockholders' Equity

$1.3B

Cash & Equivalents

$85M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$846M	$791M	+7.0%
Gross Profit	$530M	$484M	+9.6%
Operating Income	$128M	$127M	+0.7%
Net Income	$96M	$101M	-5.1%