---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-029152"
form_type: "8-K"
ticker: "CWT"
cik: "0001035201"
company_name: "CALIFORNIA WATER SERVICE GROUP"
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:03:34.327907+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# California Water Service Group reports 2023 EPS $0.91, down 48.4% YoY; regulatory delay persists

## Summary
- Net income $51.9M, diluted EPS $0.91 vs $1.77 in 2022 (down 48.4%).
- Operating revenue $794.6M, down 6.1% YoY; WRAM/MCBA revenue decreased $66.9M.
- Capital investments $383.7M in 2023, up 17.1% YoY.
- Quarterly dividend increased 7.7% to $0.28/share (316th consecutive).
- CPUC delay on 2021 GRC continues; PD and APD issued Jan 24, 2024; final decision uncertain.

## SEC filing metadata
- accession: 0001104659-24-029152
- form_type: 8-K
- ticker: CWT
- cik: 0001035201
- company_name: CALIFORNIA WATER SERVICE GROUP
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035201/000110465924029152/0001104659-24-029152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035201/000110465924029152/tm247590d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-029152
- JSON: https://secwatch.observer/filing/0001104659-24-029152.json
- Plain text: https://secwatch.observer/filing/0001104659-24-029152.txt

## Key facts
- Earnings Releases
  CALIFORNIA WATER SERVICE GROUP reported fourth quarter and year-end of 2023, ended December 31, 2023 results: net income $51.9 million, EPS $0.91.
  - Period: fourth quarter and year-end of 2023, ended December 31, 2023
  - Net income: $51.9 million
  - EPS: $0.91
  - Result: reported results
  source text: California Water Service Group (NYSE: CWT) (“Company” or “CWT”) today announced 2023 full year net income attributable to CWT of $51.9 million and diluted earnings per share of $0.91 for 2023, as compared to net income attributable to CWT of $96.0 million and diluted earnings per share of $1.77 for 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1035201/000110465924029152/0001104659-24-029152-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.