California Water Service stock posts 16.50 percent second-quarter growth

Published on 10/17/2026 at 22:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income reached USD 56.45 million in 2026. California Water Service stock was USD 46.35 on October 16, 2026, up 0.65 percent on NYSE.

Results, valuation and timing

Second-quarter revenue reached USD 308.60 million, up 16.50 percent year over year in 2026.
Net income came to USD 56.45 million and diluted earnings per share reached USD 0.93 in the second quarter of 2026.
California Water Service stock last stood at USD 46.35 at 4:00 p.m. ET on October 16, 2026, up 0.65 percent versus the NYSE prior close.
California Water Service will release third-quarter 2026 results on October 29, 2026.

CWT, US1307881029, Illustration mit AI erstellt.

California Water Service Group reported second-quarter 2026 revenue of USD 308.60 million, up 16.50 percent from the year-earlier period, according to Investing.com. California Water Service stock last stood at USD 46.35 at 4:00 p.m. ET on October 16, 2026, up 0.65 percent versus the NYSE prior close of USD 46.05.

Revenue growth sets the tone

The second-quarter revenue figure followed USD 214.57 million in the first quarter of 2026, giving the utility a 43.8 percent sequential increase. The quarter also compared with USD 255.73 million in second-quarter 2025, according to the same Investing.com report.

Profit and cash flow

Net income reached USD 56.45 million in the second quarter of 2026, compared with USD 4.04 million in the first quarter. Diluted earnings per share came to USD 0.93, while operating cash flow was USD 63.60 million for the same period. Those figures give the upcoming report a clear benchmark for earnings and cash generation.

Price range and valuation

The stock's USD 41.29 to USD 53.82 52-week range places the latest quote USD 7.62 above its low and USD 7.47 below its high. The 52-week range and latest quote are dated October 16, 2026. The price-to-earnings ratio was 20.90 and the dividend yield was 2.89 percent on the latest quote date.

California Water Service Group operates regulated water utilities in California, Hawaii, New Mexico, Texas and Washington. Its profile includes more than 2.2 million people served across those states, according to California Water Service Group.

Comparison with peers

CWT (NYSE, USD): plus 0.65 percent, P/E 20.90, market capitalization USD 2.9 billion.

Essential Utilities (NYSE, USD): plus 1.34 percent, P/E 20.83, market capitalization USD 11.6 billion.

American Water Works (NYSE, USD): plus 1.43 percent, P/E 23.35, market capitalization USD 26.8 billion.

Next report date

California Water Service Group will release third-quarter 2026 results before 9:00 a.m. ET on October 29, 2026, followed by a conference call at 11:00 a.m. ET, according to California Water Service Group.

Stock stays inside its range

The latest quote remains USD 7.47 below the 52-week high and USD 7.62 above the 52-week low, leaving the earnings date as the next clear calendar marker.