California Water Service Group
CWTFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
1,037
Cost of Revenue
48
Gross Profit
989
Gross Margin
95.4%
Operating Income
225
Operating Margin
21.7%
Net Income
191
Net Margin
18.4%
EPS (Basic)
$3.26
EPS (Diluted)
$3.25
EBITDA
424
EBITDA Margin
40.9%
2023
12/31/2023
Revenue
795
Cost of Revenue
431
Gross Profit
363
Gross Margin
45.7%
Operating Income
77
Operating Margin
9.7%
Net Income
52
Net Margin
6.5%
EPS (Basic)
$0.91
EPS (Diluted)
$0.91
EBITDA
218
EBITDA Margin
27.4%
2022
12/31/2022
Revenue
846
Cost of Revenue
316
Gross Profit
530
Gross Margin
62.7%
Operating Income
128
Operating Margin
15.1%
Net Income
96
Net Margin
11.3%
EPS (Basic)
$1.77
EPS (Diluted)
$1.77
EBITDA
263
EBITDA Margin
31.1%
2021
12/31/2021
Revenue
791
Cost of Revenue
307
Gross Profit
484
Gross Margin
61.2%
Operating Income
127
Operating Margin
16.0%
Net Income
101
Net Margin
12.8%
EPS (Basic)
$1.96
EPS (Diluted)
$1.96
EBITDA
260
EBITDA Margin
32.9%
2020
12/31/2020
Revenue
794
Cost of Revenue
403
Gross Profit
392
Gross Margin
49.3%
Operating Income
137
Operating Margin
17.2%
Net Income
97
Net Margin
12.2%
EPS (Basic)
$1.97
EPS (Diluted)
$1.97
EBITDA
252
EBITDA Margin
31.7%