Ronald D. Webb
Ronald D. Webb, Vice President, Chief Human Resource Officer, notified the California Water Service Group (the “Company”) of his intention to retire effective after the close of business on March 31, 2025
Highest-materiality recent filing
Company-wide revenue increase of $90.5M (10.9%) in 2026, $43.2M (4.7%) in 2027, $48.9M (5.1%) in 2028.
Q1 2026 net income $4.0M ($0.07 diluted EPS) vs $13.3M ($0.22) in Q1 2025; revenue up to $214.6M from $204.0M.
The PD authorizes additional revenues of $92.3M (11.1% increase) in 2026, $50.8M (5.5%) in 2027, and $52.4M (5.4%) in 2028.
Q4 2025 net income fell 42% to $11.5M ($0.19 per share) as wet December weather reduced customer consumption.
CWT Q3 net income $61.2M, EPS $1.03; revenue up 3.9% to $311.2M; 58th year of dividend increases
Q3 net income $61.2M ($1.03 diluted EPS), flat YoY; YTD GAAP net income down 31.8% due to 2023 interim rate relief in 2024.
California Water Service Group issues $370M in notes and bonds to refinance debt
Sold $70M 4.87% Senior Notes Series A due 2032 and $100M 5.22% Senior Notes Series B due 2035.
California Water Service Group Q2 net income $42.2M ($0.71 EPS); revenue up 8.5% to $265M
Q2 2025 net income $42.2M ($0.71 diluted EPS) vs Q2 2024 $40.6M ($0.70 EPS), up 3.9%.
S&P Global Affirms A+/Stable Credit Rating for Cal Water, California Water Service Group Subsidiary
S&P Global retained A+/Stable rating for California Water Service (Cal Water), Group's largest subsidiary.
California Water Service Group files $350M ATM equity distribution agreement
Company may sell up to $350M of common stock through agents Baird, BofA, Morgan Stanley, Wells Fargo, Janney, RBC, Blaylock Van, and Ramirez.
Full year 2024 operating revenue $1.037B (+30.5% YoY); diluted EPS $3.25 vs $0.91 in 2023.
California Water Service Q3 EPS $1.03 vs $0.60 YoY; revenue $299.6M up 17.5%
Net income $60.7M vs $34.4M; record $332.2M capex through nine months, up 21%.
California Water Service Q2 EPS $0.70 vs $0.17 YoY; files $1.6B GRC plan
Diluted EPS $0.70 (Q2 2024) vs $0.17 (Q2 2023); net income $40.6M vs $9.6M. Revenue $244.3M vs $194.0M.
Cal Water filed GRC with CPUC proposing $1.6B infrastructure investment (2025-2027), $1.3B new capital.
California Water Service Group Q1 EPS $1.21 vs loss $0.40; 2021 GRC decision boosts revenue $111.8M
Net income $69.9M vs ($22.2M); diluted EPS $1.21 vs ($0.40).
Ronald D. Webb, Vice President, Chief Human Resource Officer, notified the California Water Service Group (the “Company”) of his intention to retire effective after the close of business on March 31, 2025
Max materiality 0.90 · Median 0.50 · Most common event dividend