US-listed companies
CALIFORNIA WATER SERVICE GROUP

CALIFORNIA WATER SERVICE GROUPCWT

Market cap

$3.1B

P/E ratio

60.5x

Income statement Balance sheet Cash flow

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Operating revenue	502	560	584	597	588	609	667	698	715	794	791	846	795
Purchased water	143	161	183	178	169	182	199	207	212	230	225	225	224
Purchased power	-	-	-	-	-	-	-	-	31	34	37	45	46
Pump taxes	9	10	11	13	11	11	14	15	12	13	15	16	19
Administrative and general	86	94	98	97	113	98	103	101	109	117	127	133	142
Other operations	55	77	70	66	67	80	74	80	90	96	86	116	112
Maintenance	21	19	17	20	21	23	23	24	27	28	30	32	32
Depreciation and amortization	50	55	58	61	61	64	77	84	89	99	109	115	121
Income tax (benefit) expense	-	19	19	27	25	25	29	19	16	11	3	3	-15
Property and other taxes	18	19	22	21	22	23	25	27	29	30	32	35	36
Total operating expenses	435	486	510	516	517	533	572	588	615	658	664	719	717
Net operating income	67	74	74	82	71	76	95	111	99	137	127	128	77
Non-regulated revenue	16	17	15	17	16	17	16	18	19	17	23	21	19
Non-regulated expenses	16	12	11	14	14	11	9	23	14	14	17	25	12
Other components of net periodic benefit credit	-	-	-	-	-	-	-	9	6	5	-10	-14	-20
Allowance for equity funds used during construction	-	-	-	-	-	-	4	4	7	5	3	4	6
Gain on sale of non-utility property	-	-	-	0	0	-0	1	0	0	-	0	-	-
Income tax expense on other income and expenses	-	2	1	1	1	2	4	-3	1	1	1	3	8
Net other income	0	3	2	2	1	3	6	-7	5	2	17	12	24
Interest expense	32	32	31	28	29	33	36	40	45	45	45	47	53
Allowance for borrowed funds used during construction	-	-	-	2	2	3	2	2	4	3	2	2	3
Net interest expense	30	28	29	27	27	31	34	38	41	42	43	44	50
Net income	-	-	-	-	-	-	-	-	-	-	101	95	51
Net loss attributable to noncontrolling interests	-	-	-	-	-	-	-	-	-	-	-0	-1	-1
Net income	38	-	-	-	-	-	-	-	63	97	101	96	52
Earnings Per Share, Basic	0.9	1.17	1.02	1.19	0.94	1.02	1.4	1.36	1.31	1.97	1.96	1.77	0.91
Earnings Per Share, Diluted	0.9	1.17	1.02	1.19	0.94	1.01	1.4	1.36	1.31	1.97	1.96	1.77	0.91