CWT FY 2024 Earnings — California Water Service Group Revenue & Financial Results | Market Cap Arena

CWTCalifornia Water Service Group

$3B

FY 2024 Earnings

Utilities Regulated Water

Income Statement

Revenue

$1.0B+30.5% YoY

Gross Profit

$989M95.4% margin

Operating Income

$225M21.7% margin

Net Income

$191M18.4% margin

EPS (Diluted)

$3.25

Cash Flow

Operating Cash Flow

$291M

Free Cash Flow

-$180M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$3.5B

Stockholders' Equity

$1.6B

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$795M	+30.5%
Gross Profit	$989M	$363M	+172.2%
Operating Income	$225M	$77M	+191.8%
Net Income	$191M	$52M	+267.6%