CWT Q3 2020 Earnings — California Water Service Group Revenue & Financial Results | Market Cap Arena

CWTCalifornia Water Service Group

$3B

Q3 2020 Earnings

Utilities Regulated Water

Income Statement

Revenue

$304M+30.8% YoY

Gross Profit

$182M59.8% margin

Operating Income

$106M34.9% margin

Net Income

$96M31.7% margin

EPS (Diluted)

$1.94

QoQ Revenue Growth

+73.3%

Cash Flow

Operating Cash Flow

$77M

Free Cash Flow

-$11M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.6B

Stockholders' Equity

$890M

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$304M	$233M	+30.8%
Gross Profit	$182M	$145M	+25.5%
Operating Income	$106M	$52M	+105.7%
Net Income	$96M	$42M	+127.1%

Revenue Segments

Regulated Water and WasteWater Services

$222M49%

Residential

$152M34%

Business

$37M8%

Service, Other

$13M3%

Public Authorities

$13M3%

Industrial

$7M2%

Non-Regulated Services

$4M1%

Operating And Maintenance

$3M1%

Other Non-Regulated Service

$625,0000%