CWTCalifornia Water Service Group

$45.93+3.2% 1Y

$45.93

$41.6752 weeks$52.42

Is the business good?

Good

A genuinely good business: earnings fully cash-backed (2.1×) and margins widening.

2 good, 1 neutral, 1 without data

Profits arrive as cash2.10×derived · Jun 30, 2026

Operating profit is fully backed by cash. Conversion is improving vs a year ago.

Margin direction, 3 years+7.8 pts

Profits are tracking sales roughly one-for-one, limited operating leverage either way.

Where ROE comes from2% ROA

A balanced mix of margins, efficiency, and leverage. ROE 8% = margin × turnover × leverage.

Unless marked, from derived.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

Leverage (Debt/EBITDA)behind 78% of the market

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.

California Water Service Group earns 4.3% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

4.3%

Return on invested capital · cost of capital 9.0% · 4.8 points below what the capital costs: growth destroys value

Operating margin: 19%
Operating margin · Utilities - Regulated Water median 29% · 12 months to Q2 2026
Cash conversion: 2.10×
Cash conversion · 1.78× a year ago · operating cash flow covers the operating profit after tax
Share count, year on year: +1.4%
Share count, year on year · shareholders own a smaller slice than a year ago

Details›

Operating margin12 months to Q2 2026: 19%
Net margin12 months to Q2 2026: 13%
Revenue, trailing twelve months: $1.00B
Net income, trailing twelve months: $133M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash: 4.3%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.

Ranks #9 of 9 by RyuScore