Key Takeaways CWT reported Q4 EPS of 19 cents, missing estimates and falling 42.4% year over year.CWT's revenues dipped 0.9% to $219.9M as operating and interest expenses climbed.California Water raised its dividend 10.71% and invested $517M in infrastructure in 2025.California Water Service Group (CWT) recorded fourth-quarter 2025 adjusted earnings of 19 cents per share, which missed the Zacks Consensus Estimate of 36 cents by 47.2%. The metric also missed the year-ago quarter’s 33 cents per share by 42.4% ...

California Water Service Group (NYSE:CWT) Q4 2025 Earnings call February 26, 2026 11:00 AM ET Company ParticipantsGreg Milleman - VP of Rates and Regulatory Affairs OfficerJames Lynch - SVP, CFO and TreasurerMarty Kropelnicki - Chairman, President and CEOShilen Patel - Chief Business Development Officer and VPConference Call ParticipantsDavis Sunderland - Equity Research AnalystOperatorLadies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today. At this ...

California Water Service Group (NYSE:CWT) Q4 2025 Earnings call February 26, 2026 11:00 AM ET Company ParticipantsGreg Milleman - VP of Rates and Regulatory Affairs OfficerJames Lynch - SVP, CFO and TreasurerMarty Kropelnicki - Chairman, President and CEOShilen Patel - Chief Business Development Officer and VPConference Call ParticipantsDavis Sunderland - Equity Research AnalystOperatorLadies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today. At this ...

Financial Data and Key Metrics Changes - In Q4 2025, revenue was $220 million, a slight decrease from $222 million in Q4 2024. Net income for the quarter was $11.5 million, or $0.19 per diluted share, compared to $19.7 million, or $0.33 per diluted share in the prior year [11][12] - For the full year 2025, operating revenue was $1 billion, compared to $1.37 billion in 2024. When compared to non-GAAP 2024 revenue of $949.3 million, revenue increased by $50.8 million, or approximately 5.4%. Net income attributed to the group was $128.2 million, compared to $190.8 million in 2024, reflecting a 1% increase when compared to non-GAAP 2024 income [13][14] Business Line Data and Key Metrics Changes - The company invested a record $517 million into infrastructure systems in 2025, including $52.3 million in Q4 alone, representing a 19.8% increase over construction levels in 2024 [9][15] - The company maintained an A+ stable credit rating from S&P, one of the highest-rated credit utilities in North America [10] Market Data and Key Metrics Changes - The company experienced a significant weather impact in December 2025, which negatively affected financial results, particularly in California due to exceptionally wet and cold weather [8][11] - The company received approval for a 3% interim rate increase in California, implemented in January 2026, following a delay in the rate case decision [10][12] Company Strategy and Development Direction - The company announced the acquisition of Nevada and Oregon operations from Nexus Water, which will expand its geographical footprint and solidify its position in the Western U.S. water industry [4][22] - The company plans to continue pursuing growth opportunities in high-growth areas and strategic acquisitions that align with its capital investment strategy [40][41] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the timely completion of the 2024 California General Rate Case, highlighting proactive engagement with regulators and a focus on affordability for customers [35][56] - The company is committed to addressing PFAS regulations and has allocated significant capital for related projects, with plans to spend between $50 million and $70 million in 2026 [66][68] Other Important Information - The company declared its 324th consecutive quarterly dividend of $0.33 per share and announced an intended annual dividend of $1.34 per share for 2026, representing an 8.1% increase over 2025 [19][20] - The company maintains a strong liquidity profile with $51.8 million in unrestricted cash and $45.6 million in restricted cash, along with approximately $470 million available on bank lines of credit [18] Q&A Session Summary Question: Is the delay of cases something that should be expected as a new norm? - Management indicated that recent efforts by the California Water Association have focused on educating commissioners about the impacts of delays, leading to a more timely process for future cases [51][56] Question: What are the regulatory mechanisms in Oregon or Nevada? - Management highlighted that Nevada has a reasonable commission allowing phased-in statewide rates and a hybrid rate environment, while Oregon has mechanisms for interim rates and construction work in progress [59][60] Question: Update on PFAS funding and plans? - Management confirmed ongoing plans to address PFAS regulations, with significant spending allocated for treatment and infrastructure improvements, emphasizing the importance of water quality [66][68]

Q4 and YE 2025 Earnings & Strong Start to 2026 February 26, 2026 Today's Speakers Marty Kropelnicki Chairman & CEO James Lynch Sr. Vice President, CFO & Treasurer Greg Milleman VP, Rates & Regulatory Affairs Shilen Patel Chief Business Development Officer & VP TWSC, Inc. 2 Forward-Looking Statements and Other Important Information This presentation contains forward-looking statements within the meaning established by the Private Securities Litigation Reform Act of 1995 ("PSLRA"). The forward-looking stateme ...

Exhibit 99.1 California Water Service Group Reports Solid Q4 and YE 2025 Results SAN JOSE, Calif., February 25, 2026 (GLOBE NEWSWIRE) -- California Water Service Group (Group or Company, NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported solid Q4 and year-end 2025 results and provided an update on the Proposed Decision in its 2024 California General Rate Case (2024 CA GRC). Fourth Quarter and Year-End 2025 Results in Line with Ex ...

SAN JOSE, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- California Water Service Group (Group or Company, NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported solid Q4 and year-end 2025 results and provided an update on the Proposed Decision in its 2024 California General Rate Case (2024 CA GRC). Fourth Quarter and Year-End 2025 Results in Line with Expectations; Impacted by Wet Q4 Weather Q4 Financial Results Q4 2025 net income decrea ...

Core Insights - California Water Service Group celebrates its 100-year anniversary while reflecting on its philanthropic efforts, donating over $1.88 million to local organizations in 2025 [1][2] Philanthropic Contributions - Contributions supported various beneficiaries, including at-risk youth, disadvantaged communities, first responders, veterans, and healthcare organizations [2] - Specific donations included $186,000 to nine fire departments through the 2025 Firefighter Grant Program, $80,000 in scholarships to 13 students, and over $100,000 to aid fire relief efforts in Los Angeles [2] Community Engagement - The company emphasizes its role beyond being a water provider, highlighting employee involvement in community support and volunteer projects [3][4] - Approximately half of the company's employees participated in the annual Season of Service, contributing their time to community projects [4] Company Overview - California Water Service Group is the largest regulated water utility in the western United States, serving over 2.1 million people across multiple states [5] - The company is committed to enhancing the quality of life for customers, communities, employees, and stockholders through responsible investments in infrastructure and sustainability initiatives [6]

Core Points - California Water Service Group has launched its annual Scholarship Program, offering up to $80,000 in total scholarship funds for students in its service areas [1][4] - The program includes four grand-prize scholarships of $10,000 each, along with additional scholarships ranging from $2,500 to $5,000, aimed at supporting full-time undergraduate students [2] - The scholarship awards are based on academic achievement, community service, and financial need, with applications closing on March 26, 2026, and winners announced in late May [3][4] Company Overview - California Water Service Group is the largest regulated water utility in the western United States, serving over 2.1 million people across California, Hawaii, New Mexico, Washington, and Texas [5] - The company is celebrating its 100th year of service and is committed to enhancing the quality of life for its customers and communities through responsible investments in infrastructure and sustainability initiatives [6] - The company has been recognized as one of "America's Most Responsible Companies" and "World's Most Trustworthy Companies" by Newsweek, highlighting its commitment to integrity and community well-being [6]

Core Viewpoint - California Water Service Group is set to release its 2025 full-year and fourth-quarter earnings results on February 25, 2026, after market close, with a conference call scheduled for February 26, 2026 [1] Group 1: Earnings Announcement - The earnings results will be released after market close on February 25, 2026 [1] - The earnings conference call will take place at 11:00 a.m. ET on February 26, 2026 [1] Group 2: Conference Call Details - Stockholders and interested investors can attend the conference call by dialing 1-800-715-9871 or 1-646-307-1963 with ID 2201083, or via a live audio webcast [2] - A replay of the call will be available from 2:00 p.m. ET on February 26, 2026, through April 27, 2026 [2] - The call will be hosted by key executives including Chairman Martin A. Kropelnicki and CFO James P. Lynch [2] Group 3: Company Overview - California Water Service Group is the parent company of several regulated utilities providing water and wastewater services to over 2 million people across multiple states [3] - The company operates under the symbol "CWT" on the New York Stock Exchange [3] - Additional information about the company can be found on its website [3]