| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 4,037 | 11,480 | 61,116 | 55,252 |
| Depreciation and amortization | 40,290 | 36,798 | 36,659 | 73,066 |
| Amortization of debt premium and expenses | NaN | 274 | NaN | NaN |
| Changes in normalized deferred income taxes | NaN | -38,205 | NaN | NaN |
| Change in value of life insurance contracts | -315 | 785 | 1,842 | 1,257 |
| Allowance for equity funds used during construction | 2,079 | 1,869 | 2,145 | 3,695 |
| Stock-based compensation | NaN | 4,981 | NaN | NaN |
| Receivables and accrued and unbilled revenue | 10,006 | -12,671 | -7,049 | 40,542 |
| Water arrearages payment program cash received | NaN | 0 | 0 | 0 |
| Water arrearages payment program cash returned | NaN | -78 | 0 | NaN |
| Accrued and unbilled revenue | NaN | -44 | NaN | NaN |
| Taxes, prepaid expenses, and other assets | NaN | -672 | NaN | NaN |
| Accounts payable | -148 | -27,050 | 16,245 | -9,027 |
| Other current assets | 4,521 | NaN | -3,389 | 5,532 |
| Other current liabilities | 12,626 | -16,732 | 31,526 | -3,656 |
| Business acquisitions, net of cash acquired | NaN | 0 | NaN | NaN |
| Other changes in noncurrent assets and liabilities | -11,016 | 12,849 | -15,292 | -22,758 |
| Asset acquisitions | NaN | 0 | 0 | NaN |
| Net cash provided by operating activities | 49,387 | 47,905 | 167,289 | 87,367 |
| Purchase of life insurance | NaN | 0 | 3,364 | 0 |
| Life insurance proceeds | NaN | 215 | 0 | 0 |
| Utility plant expenditures | 129,457 | 152,289 | 135,182 | 229,520 |
| Other | -1 | 207 | 0 | -207 |
| Net cash used in investing activities | -129,456 | -152,281 | -138,546 | -229,313 |
| Short-term borrowings | 160,000 | 130,000 | 10,000 | 410,000 |
| Repayment of short-term borrowings | 60,000 | 345,000 | 25,000 | 255,000 |
| Per- and polyfluoroalkyl substances (pfas) settlement proceeds | NaN | 6,104 | 24,221 | 10,605 |
| Issuance of long-term debt, net of debt issuance costs of 1,777, 184, and 0, respectively | NaN | 368,223 | NaN | NaN |
| Repayment of long-term debt | 230 | 70,224 | 249 | 430 |
| Advances and contributions in aid of construction | 10,144 | 9,227 | 7,740 | 20,542 |
| Refunds of advances for construction | 2,600 | 2,345 | 2,574 | 4,543 |
| Other | NaN | 0 | 0 | 0 |
| Repurchase of common stock | 823 | 107 | 112 | 1,214 |
| Issuance of common stock | 6,880 | 2,140 | 561 | 1,343 |
| Dividends paid | 19,980 | 17,879 | 17,876 | 38,098 |
| Payment for purchase of noncontrolling interest | 6,951 | 0 | 0 | 790 |
| Distribution to noncontrolling interest | 0 | NaN | NaN | NaN |
| Net cash provided by financing activities | 86,440 | 80,139 | -3,289 | 142,415 |
| Change in cash, cash equivalents, and restricted cash | 6,371 | -24,237 | 25,454 | 469 |
| Cash, cash equivalents, and restricted cash at beginning of period | 97,373 | 121,610 | 95,687 | NaN |
| Cash, cash equivalents, and restricted cash at end of period | 103,744 | 97,373 | 121,610 | NaN |
CALIFORNIA WATER SERVICE GROUP (CWT)
CALIFORNIA WATER SERVICE GROUP (CWT)