CWT Q3 2021 Earnings — California Water Service Group Revenue & Financial Results | Market Cap Arena

CWTCalifornia Water Service Group

$3B

Q3 2021 Earnings

Utilities Regulated Water

Income Statement

Revenue

$257M-15.6% YoY

Gross Profit

$143M55.9% margin

Operating Income

$71M27.7% margin

Net Income

$62M24.3% margin

EPS (Diluted)

$1.20

QoQ Revenue Growth

+20.5%

Cash Flow

Operating Cash Flow

$112M

Free Cash Flow

$42M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$2.6B

Stockholders' Equity

$1.1B

Cash & Equivalents

$141M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$257M	$304M	-15.6%
Gross Profit	$143M	$182M	-21.1%
Operating Income	$71M	$106M	-32.9%
Net Income	$62M	$96M	-35.2%

Revenue Segments

Regulated Water and WasteWater Services

$238M49%

Residential

$164M34%

Business

$43M9%

Public Authorities

$14M3%

Service, Other

$9M2%

Industrial

$7M2%

Non-Regulated Services

$6M1%

Operating And Maintenance

$4M1%

Other Non-Regulated Service

$894,0000%