California Water Service Group Profit Margin 2010-2023 | CWT
Current and historical gross margin, operating margin and net profit margin for California Water Service Group (CWT) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. California Water Service Group net profit margin as of December 31, 2023 is 6.53%.
| California Water Service Group Annual Profit Margins |
| California Water Service Group Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Utilities |
Utility - Water Supply |
$2.666B |
$0.795B |
|
California Water Service Group is one of the largest investor-owned water utilities in the United States. The utility has six subsidiaries- California Water Service, Washington Water Service Company, New Mexico Water Service Company, Hawaii Water Service Company, CWS Utility Services, and HWS Utility Services. Also, in May 2021, it added an arm called Texas Water Service, which owns and operates four wastewater utilities serving the growing communities outside Austin and San Antonio. Along with its units, it provides regulated and non-regulated high-quality water and wastewater services. The Company only operates in one reportable segment, providing water and related utility services. The business operations consists of the production, purchase, storage, treatment, testing, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. In some areas, it also provides wastewater collections and treatment services, including treatment which allows water recycling.
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