CWT Q2 2021 Earnings — California Water Service Group Revenue & Financial Results | Market Cap Arena

CWTCalifornia Water Service Group

$3B

Q2 2021 Earnings

Utilities Regulated Water

Income Statement

Revenue

$213M+21.4% YoY

Gross Profit

$115M53.9% margin

Operating Income

$42M19.8% margin

Net Income

$38M17.9% margin

EPS (Diluted)

$0.75

QoQ Revenue Growth

+44.3%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

-$34M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.5B

Stockholders' Equity

$997M

Cash & Equivalents

$67M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$213M	$175M	+21.4%
Gross Profit	$115M	$72M	+60.1%
Operating Income	$42M	$12M	+238.2%
Net Income	$38M	$5M	+623.8%

Revenue Segments

Regulated Water and WasteWater Services

$212M49%

Residential

$135M31%

Business

$36M8%

Service, Other

$25M6%

Public Authorities

$10M2%

Industrial

$6M1%

Non-Regulated Services

$5M1%

Operating And Maintenance

$4M1%

Other Non-Regulated Service

$796,0000%