CWT FY 2023 Earnings — California Water Service Group Revenue & Financial Results | Market Cap Arena

CWTCalifornia Water Service Group

$3B

FY 2023 Earnings

Utilities Regulated Water

Income Statement

Revenue

$795M-6.1% YoY

Gross Profit

$363M45.7% margin

Operating Income

$77M9.7% margin

Net Income

$52M6.5% margin

EPS (Diluted)

$0.91

Cash Flow

Operating Cash Flow

$218M

Free Cash Flow

-$166M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$4.7B

Total Liabilities

$3.3B

Stockholders' Equity

$1.4B

Cash & Equivalents

$85M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$795M	$846M	-6.1%
Gross Profit	$363M	$530M	-31.5%
Operating Income	$77M	$128M	-39.6%
Net Income	$52M	$96M	-45.9%