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California Water Service Group (California Water Service) is a public utility holding company. The company provides water and wastewater services. Its offerings include the production, treatment, storage, and distribution of water, as well as the collection and treatment of wastewater. The company also provides non-regulated services such as water system operations, billing, and backflow testing. It operates through its regulated subsidiaries, including California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as a non-regulated subsidiary, CWS Utility Services. It serves residential, commercial, industrial and governmental customers. California Water Service is headquartered in San Jose, California, the US.
Headquarters
United States of America
Address
1720 N First Street, San Jose, California, 95112
Website
www.calwatergroup.com
Telephone
1 302 6587581
No of Employees
1,336
Industry
Clean Technology
Ticker Symbol & Exchange
CWT (NYSE)
Revenue (2024)
$1.0B
-3.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-32.8%
(2024 vs 2023)
Market Cap*
$2.9B
Net Profit Margin (2024)
XYZ
-30.3%
(2024 vs 2023)
* As of and is in US$
California Water Service Group premium industry data and analytics
Products and Services
| Services |
|---|
| Maintenance of Wastewater Systems |
| Water and Wastewater Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Plans/Strategy | In June, the company announced plans for two water infrastructure upgrades to improve water system reliability and fire protection in Menlo Park. |
| 2026 | Others | In June, the company commenced a water infrastructure upgrade to enhance water supply reliability and fire protection in southwest Mountain View. |
| 2026 | Contracts/Agreements | In April, the company partnered with Monterey County Regional Fire District to acquire the new Pump Pod DRAFTS (Direct Recirculating Apparatus Firefighting Training Sustainability) Unit. |
Competitor Comparison
| Key Parameters | California Water Service Group | American Water Works Co Inc | Essential Utilities Inc | American States Water Company | Middlesex Water Company |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | San Jose | Camden | Bryn Mawr | San Dimas | Iselin |
| State/Province | California | New Jersey | Pennsylvania | California | New Jersey |
| No. of Employees | 1,336 | 7,000 | 3,303 | 900 | 395 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Martin A. Kropelnicki | Chairman; Chief Executive Officer; President | Executive Board | 2013 | 59 |
| James P. Lynch | Chief Financial Officer; Senior Vice President; Treasurer | Senior Management | 2024 | - |
| Michael B. Luu | Chief Risk Officer; Senior Vice President - Corporate Services | Senior Management | 2023 | - |
| Shannon C. Dean | Chief Sustainability Officer; Senior Vice President | Senior Management | - | - |
| Michelle R. Mortensen | Chief-Staff; Secretary; Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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