California Water Service Group (CWT) Return on Assets ROA from the third quarter of 2026 to third quarter of 2025 and for the year 2026, Average High and Low, Fundamental Ratios from Sep 30 2026 to Sep 30 2025 - CSIMarket
California Water Service Group's ROA from the third quarter of 2026 to the third quarter of 2025 and 5 Year Period
Return on Assets, Quarterly Results, Trends, Rankings, Statistics
What is California Water Service Group's ROA in the third quarter of 2026? California Water Service Group achieved a return on average assets (ROA) of 2.34 % in its third quarter of 2026, which is below California Water Service Group's average return on assets, which stands at 2.43%.
ROA has improved compared to 2.32% in the second quarter of 2026, due to net income growth.
However, within the Utilities sector 79 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2026 quarter, so far to 1804, from total ROA ranking in the second quarter of 2026 at 2045.
In a significant development for California s utility sector, the California Public Utilities Commission (CPUC) has granted the California Water Service (Cal Water) and three other utility companies a much-anticipated extension, postponing their applications for Cost of Capital from May 1, 2025, to May 1, 2026. This decision underscores the CPUC s recognition of the need for stability in a time of substantial economic uncertainty and ongoing climate challenges.The ramifications of this postponement are considerable. It effectively preserves Cal Water s current financial framework, which includes a return on equity (ROE) set at 10.27% and a cost of debt at 4.23%. With a capital structure predominantly composed of 53.40% common equity juxtaposed with 46.60% long-term debt, the company maintains an authorized rate of return at 7.46%. This strategic decision not only offers Cal Water a reprieve in its financial planning but also signals to investors and stakeholders that the company is poised to navigate the complexities of the utility landscape with measured prudence.
California Water Service Group Strengthens Commitment to Community and Sustainability with Leadership Promotion and Significant GrantsIn a decisive move that underscores its dedication to community safety and sustainable practices, California Water Service Group (Cal Water) has appointed Kenneth G. Jenkins as Vice President of Water Resources Planning and Sustainability. This newly established role, effective January 1, 2025, reflects the company s strategic focus on enhancing water resource management and promoting environmental stewardship, a priority as climate challenges intensify.Jenkins promotion comes at a pivotal time for Cal Water, aligning with the company s ongoing initiatives aimed at bolstering community resilience in the face of increasingly frequent emergencies. Just weeks prior, on December 18, 2024, Cal Water unveiled substantial support for fire departments statewide through its sixth annual Firefighter Grant Program. By allocating over $175,000 in grants to seven local fire districts, the company is reinforcing its commitment to the safety and preparedness of communities across California.
Comment on CWT's ROA in the fiscal year ending 2025
In the fiscal year 2025 California Water Service Group's ROA decreased compared to previous year to 2.25 %, due to deterioration of net income -32.74 % to $127.85 million, from $190.09 million a year ago, as CWT's assets were $5,671.17 million.
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