$CWT
CALIFORNIA WATER SERVICE GROUP Stock $cwt

$cwt Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000103520124000010 Filed on August 01, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$306.2M	$226.7M
YoY Change	20.88%	16.71%
Cost Of Revenue	$95.09M	$77.64M
YoY Change	2.97%	9.56%
Gross Profit	$204.5M	$166.7M
YoY Change	25.73%	35.3%
Gross Profit Margin	66.77%	73.52%
Selling, General & Admin	$35.45M	$32.04M
YoY Change	3.62%	-8.39%
% of Gross Profit	17.34%	19.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$33.61M	$32.98M
YoY Change	10.61%	8.8%
% of Gross Profit	16.44%	19.79%
Operating Expenses	$137.7M	$118.5M
YoY Change	15.58%	10.5%
Operating Profit	$66.75M	$48.17M
YoY Change	53.54%	202.0%
Interest Expense	-$13.60M	-$14.03M
YoY Change	6.29%	10.49%
% of Operating Profit	-20.37%	-29.12%
Other Income/Expense, Net	$7.402M	$6.239M
YoY Change	103.18%	0.73%
Pretax Income	$62.49M	$41.68M
YoY Change	76.59%	282.69%
Income Tax	$17.40M	$10.00M
% Of Pretax Income	27.84%	23.99%
Net Earnings	$60.68M	$40.55M
YoY Change	76.2%	324.35%
Net Earnings / Revenue	19.81%	17.89%
Basic Earnings Per Share	$1.03	$0.70
Diluted Earnings Per Share	$1.03	$0.70
COMMON SHARES
Basic Shares Outstanding	58.83M shares	57.75M shares
Diluted Shares Outstanding	58.98M shares	58.33M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$59.56M	$37.27M
YoY Change	71.46%	-32.96%
Cash & Equivalents	$59.56M	$37.27M
Short-Term Investments
Other Short-Term Assets	$160.7M	$99.71M
YoY Change	21.37%	-25.91%
Inventory	$19.87M	$17.65M
Prepaid Expenses
Receivables	$81.08M	$71.13M
Other Receivables	$41.74M	$41.06M
Total Short-Term Assets	$363.0M	$266.8M
YoY Change	20.07%	-14.44%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.041B	$3.942B
YoY Change	24.4%	24.06%
Goodwill	$37.04M	$37.04M
YoY Change	0.61%	0.61%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$233.6M	$227.7M
YoY Change	24.06%	21.64%
Total Long-Term Assets	$4.652B	$4.604B
YoY Change	24.41%	25.18%
TOTAL ASSETS
Total Short-Term Assets	$363.0M	$266.8M
Total Long-Term Assets	$4.652B	$4.604B
Total Assets	$5.015B	$4.871B
YoY Change	24.09%	22.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$171.5M	$143.5M
YoY Change	12.19%	3.8%
Accrued Expenses	$114.2M	$110.0M
YoY Change	34.37%	73.87%
Deferred Revenue
YoY Change
Short-Term Debt	$260.0M	$245.0M
YoY Change	126.09%	88.46%
Long-Term Debt Due	$890.0K	$1.183M
YoY Change	-51.18%	-35.18%
Total Short-Term Liabilities	$570.7M	$512.5M
YoY Change	49.74%	41.32%
LONG-TERM LIABILITIES
Long-Term Debt	$1.052B	$1.052B
YoY Change	-0.02%	-0.03%
Other Long-Term Liabilities	$83.07M	$80.09M
YoY Change	-90.35%	-90.62%
Total Long-Term Liabilities	$1.135B	$1.132B
YoY Change	7.87%	7.59%
TOTAL LIABILITIES
Total Short-Term Liabilities	$570.7M	$512.5M
Total Long-Term Liabilities	$1.135B	$1.132B
Total Liabilities	$1.705B	$1.644B
YoY Change	19.01%	16.23%
SHAREHOLDERS EQUITY
Retained Earnings	$671.9M	$627.7M
YoY Change	25.72%	21.88%
Common Stock	$965.9M	$930.0M
YoY Change	10.23%	6.34%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.629B	$1.545B
YoY Change
Total Liabilities & Shareholders Equity	$5.015B	$4.871B
YoY Change	24.09%	22.08%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$60.68M	$40.55M
YoY Change	76.2%	324.35%
Depreciation, Depletion And Amortization	$33.61M	$32.98M
YoY Change	10.61%	8.8%
Cash From Operating Activities	$101.8M	$94.42M
YoY Change	-3.91%	470.5%
INVESTING ACTIVITIES
Capital Expenditures	$117.8M	$104.6M
YoY Change	21.47%	9.87%
Acquisitions
YoY Change
Other Investing Activities	-$2.761M	$48.00K
YoY Change	-48.82%
Cash From Investing Activities	-$120.5M	-$104.6M
YoY Change	17.76%	9.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	41.19M	4.548M
YoY Change	-269.74%	-94.45%
NET CHANGE
Cash From Operating Activities	101.8M	94.42M
Cash From Investing Activities	-120.5M	-104.6M
Cash From Financing Activities	41.19M	4.548M
Net Change In Cash	22.52M	-5.588M
YoY Change	-209.26%	-273.27%
FREE CASH FLOW
Cash From Operating Activities	$101.8M	$94.42M
Capital Expenditures	$117.8M	$104.6M
Free Cash Flow	-$15.91M	-$10.18M
YoY Change	-275.83%	-87.05%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q2	us-gaap	Regulatory Liability Noncurrent RegulatoryLiabilityNoncurrent	742842000	usd
CY2023Q4	us-gaap	Regulatory Liability Noncurrent RegulatoryLiabilityNoncurrent	683717000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	194206000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1322394000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	17384000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	66929000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	60744000	usd
	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	1811000	usd
	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	2620000	usd
	us-gaap	Public Utilities Allowance For Funds Used During Construction Additions PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions	3561000	usd
	us-gaap	Public Utilities Allowance For Funds Used During Construction Additions PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions	2759000	usd
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	16859000	usd
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	2187000	usd
	us-gaap	Government Assistance Liability Increase Current GovernmentAssistanceLiabilityIncreaseCurrent	-83039000	usd
	us-gaap	Government Assistance Liability Increase Current GovernmentAssistanceLiabilityIncreaseCurrent	0	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-10545000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-836000	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	6680000	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	1557000	usd
	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	7314000	usd
	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	-6828000	usd
	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	106954000	usd
	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	-6451000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	120939000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	37521000	usd
	us-gaap	Payments To Acquire Water And Waste Water Systems PaymentsToAcquireWaterAndWasteWaterSystems	214414000	usd
	us-gaap	Payments To Acquire Water And Waste Water Systems PaymentsToAcquireWaterAndWasteWaterSystems	177189000	usd
	us-gaap	Proceeds From Life Insurance Policies ProceedsFromLifeInsurancePolicies	1426000	usd
	us-gaap	Proceeds From Life Insurance Policies ProceedsFromLifeInsurancePolicies	0	usd
	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	1426000	usd
	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	0	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	48000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
	cwt	Payments For Asset Acquisitions PaymentsForAssetAcquisitions	0	usd
	cwt	Payments For Asset Acquisitions PaymentsForAssetAcquisitions	102000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-214366000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-177291000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	1552000	usd
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	295000000	usd
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	148448000	usd
	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	230000000	usd
	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	90000000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	416000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1333000	usd
	cwt	Proceeds From Contribution In Aid Of Construction Financing Activities ProceedsFromContributionInAidOfConstructionFinancingActivities	10936000	usd
	cwt	Proceeds From Contribution In Aid Of Construction Financing Activities ProceedsFromContributionInAidOfConstructionFinancingActivities	9129000	usd
	cwt	Refunds Of Advances For Construction RefundsOfAdvancesForConstruction	4865000	usd
	cwt	Refunds Of Advances For Construction RefundsOfAdvancesForConstruction	4791000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1235000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1650000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	53381000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	113921000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	32336000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	29027000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	489000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	288000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	1160000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	91136000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	144409000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-2291000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	4639000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	84966000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	85025000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	82675000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	89664000	usd
	us-gaap	Interest Paid Net InterestPaidNet	28178000	usd
	us-gaap	Interest Paid Net InterestPaidNet	23677000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	51824000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	49452000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	14159000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	15312000	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	226665000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	381566000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	339431000	usd
CY2024Q2	us-gaap	Revenue Not From Contract With Customer RevenueNotFromContractWithCustomer	17634000	usd
CY2023Q2	us-gaap	Revenue Not From Contract With Customer RevenueNotFromContractWithCustomer	-162000	usd
	us-gaap	Revenue Not From Contract With Customer RevenueNotFromContractWithCustomer	133482000	usd
	us-gaap	Revenue Not From Contract With Customer RevenueNotFromContractWithCustomer	-14287000	usd
CY2024Q2	us-gaap	Regulated Operating Revenue Water RegulatedOperatingRevenueWater	244299000	usd
CY2023Q2	us-gaap	Regulated Operating Revenue Water RegulatedOperatingRevenueWater	194044000	usd
	us-gaap	Regulated Operating Revenue Water RegulatedOperatingRevenueWater	515048000	usd
	us-gaap	Regulated Operating Revenue Water RegulatedOperatingRevenueWater	325144000	usd
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	226665000	usd
	cwt	Maximum Collection Period In Which Deferred Net Wram And Mcba Revenues And Associated Costs Will Be Recognized MaximumCollectionPeriodInWhichDeferredNetWRAMAndMCBARevenuesAndAssociatedCostsWillBeRecognized	P24M
	cwt	Maximum Collection Period In Which Deferred Net Wram And Mcba Revenues And Associated Costs Will Be Recognized MaximumCollectionPeriodInWhichDeferredNetWRAMAndMCBARevenuesAndAssociatedCostsWillBeRecognized	P24M
	cwt	Maximum Collection Period In Which Deferred Net Wram And Mcba Revenues And Associated Costs Will Be Recognized MaximumCollectionPeriodInWhichDeferredNetWRAMAndMCBARevenuesAndAssociatedCostsWillBeRecognized	P24M
	us-gaap	Revenue Recognition Leases RevenueRecognitionLeases	Lease revenue is not considered revenue from contracts with customers and is recognized following operating lease standards. The Company is the lessor in operating lease agreements with telecommunications companies under which cellular phone antennas are placed on the Company’s property.
CY2024Q2	us-gaap	Government Assistance Liability Current GovernmentAssistanceLiabilityCurrent	82000000	usd
CY2024Q2	us-gaap	Government Assistance Liability Decrease Current GovernmentAssistanceLiabilityDecreaseCurrent	57500000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	2854000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5629000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1611000	usd
CY2023	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	2480000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	1554000	usd
CY2023	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	5795000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	238000	usd
CY2023	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	540000	usd
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3149000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	2854000	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	37272000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	39591000	usd
CY2024Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	45403000	usd
CY2023Q4	us-gaap	Restricted Cash Current RestrictedCashCurrent	45375000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	82675000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	84966000	usd
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	1600000	shares
CY2024Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	400000	usd
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1400000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1100000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1500000	usd
CY2022Q2	cwt	Sale Of Stock Maximum Consideration On Transaction SaleOfStockMaximumConsiderationOnTransaction	350000000	usd
CY2022Q2	cwt	Sale Of Stock Agreement Term SaleOfStockAgreementTerm	P3Y
CY2024Q2	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	1000000	shares
	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	1000000	shares
	cwt	Proceeds From Issuance Of Common Stock Excluding Employee Stock Purchase Plans ProceedsFromIssuanceOfCommonStockExcludingEmployeeStockPurchasePlans	52000000	usd
CY2024Q2	cwt	Proceeds From Issuance Of Common Stock Excluding Employee Stock Purchase Plans ProceedsFromIssuanceOfCommonStockExcludingEmployeeStockPurchasePlans	52000000	usd
	us-gaap	Payments For Commissions PaymentsForCommissions	500000	usd
CY2024Q2	us-gaap	Payments For Commissions PaymentsForCommissions	500000	usd
CY2023Q2	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	1699849	shares
CY2023Q2	cwt	Proceeds From Issuance Of Common Stock Excluding Employee Stock Purchase Plans ProceedsFromIssuanceOfCommonStockExcludingEmployeeStockPurchasePlans	94500000	usd
CY2023Q2	us-gaap	Payments For Commissions PaymentsForCommissions	1000000	usd
	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	2025891	shares
	cwt	Proceeds From Issuance Of Common Stock Excluding Employee Stock Purchase Plans ProceedsFromIssuanceOfCommonStockExcludingEmployeeStockPurchasePlans	112700000	usd
	us-gaap	Payments For Commissions PaymentsForCommissions	1100000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1430312000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	69690000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	1507000	usd
CY2024Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1142000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.2800
CY2024Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	16164000	usd
CY2024Q1	cwt	Defined Benefit Plan Pension Plan Adjustment For Unrecoverable Pension Benefit Plan Costs DefinedBenefitPlanPensionPlanAdjustmentForUnrecoverablePensionBenefitPlanCosts	13663000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax	297000	usd
CY2024Q1	cwt	Noncontrolling Interest Increase From Investment In Business NoncontrollingInterestIncreaseFromInvestmentInBusiness	0	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1470837000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	40377000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	52933000	usd
CY2024Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	93000	usd
CY2024Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.2800
CY2024Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	16172000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax	298000	usd
CY2024Q2	cwt	Noncontrolling Interest Increase From Investment In Business NoncontrollingInterestIncreaseFromInvestmentInBusiness	0	usd
CY2024Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	489000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1547691000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-22334000	usd
CY2023Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	0	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.2600
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	14456000	usd
CY2023Q1	cwt	Noncontrolling Interest Increase From Investment In Business NoncontrollingInterestIncreaseFromInvestmentInBusiness	0	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1302988000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	9447000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	96499000	usd
CY2023Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	108000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.2600
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	14571000	usd
CY2023Q2	cwt	Noncontrolling Interest Increase From Investment In Business NoncontrollingInterestIncreaseFromInvestmentInBusiness	0	usd
CY2023Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	288000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1393967000	usd
CY2024Q1	cwt	Service Costs And Actuarial Gains Losses Reclassified To Other Comprehensive Loss ServiceCostsAndActuarialGainsLossesReclassifiedToOtherComprehensiveLoss	13700000	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9995000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1774000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	26854000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2076000	usd
CY2024Q2	cwt	Effective Income Tax Rate Reconciliation Increase Decrease Amount EffectiveIncomeTaxRateReconciliationIncreaseDecreaseAmount	8200000	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10000000.0	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1800000	usd
	cwt	Effective Income Tax Rate Reconciliation Increase Decrease Amount EffectiveIncomeTaxRateReconciliationIncreaseDecreaseAmount	29000000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	26900000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2100000	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.196
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.149
CY2024Q2	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	9400000	usd
CY2024Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	17000000	usd
CY2023Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	14400000	usd
CY2024Q2	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	5100000	usd
CY2023Q2	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	4600000	usd
CY2024Q2	us-gaap	Regulatory Assets Noncurrent RegulatoryAssetsNoncurrent	397498000	usd
CY2023Q4	us-gaap	Regulatory Assets Noncurrent RegulatoryAssetsNoncurrent	257621000	usd
CY2024Q2	us-gaap	Regulatory Assets Current RegulatoryAssetsCurrent	5500000	usd
CY2023Q4	us-gaap	Regulatory Assets Current RegulatoryAssetsCurrent	64200000	usd
CY2024Q2	us-gaap	Regulatory Liability Current RegulatoryLiabilityCurrent	12800000	usd
CY2023Q4	us-gaap	Regulatory Liability Current RegulatoryLiabilityCurrent	21500000	usd
CY2024Q2	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	4100000	usd
CY2023Q4	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	6000000.0	usd
	cwt	Fair Value Inputs Risk Premium FairValueInputsRiskPremium	0.0060
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001035201-24-000010-index-headers.html	Edgar Link	pending
0001035201-24-000010-index.html	Edgar Link	pending
0001035201-24-000010.txt	Edgar Link	pending
0001035201-24-000010-xbrl.zip	Edgar Link	pending
cws-06302024xex311.htm	Edgar Link	pending
cws-06302024xex312.htm	Edgar Link	pending
cws-06302024xex32.htm	Edgar Link	pending
cwt-20240630.htm	Edgar Link	pending
cwt-20240630.xsd	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
cwt-20240630_cal.xml	Edgar Link	unprocessable
cwt-20240630_lab.xml	Edgar Link	unprocessable
cwt-20240630_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
cwt-20240630_htm.xml	Edgar Link	completed
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
cwt-20240630_def.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$CWT
CALIFORNIA WATER SERVICE GROUP Stock $cwt

2024 Q3 Form 10-Q Financial Statement

#000103520124000010 Filed on August 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CWT CALIFORNIA WATER SERVICE GROUP Stock $cwt

2024 Q3 Form 10-Q Financial Statement

#000103520124000010 Filed on August 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CWT
CALIFORNIA WATER SERVICE GROUP Stock $cwt