CWT Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,000	1,037	794.63	846.43	790.91
Revenue Growth (YoY)	-3.54%	30.48%	-6.12%	7.02%	-0.43%
Fuel and Purchased Power Expense	322.24	310.65	288.51	285.26	277.47
Operations and Maintenance Expenses	307.68	292.73	286.69	280.61	242.67
Gross Profit	370.23	433.43	219.43	280.56	270.77
Depreciation & Amortization Expenses	144.37	131.9	121.21	114.58	108.72
Taxes Other than Income Tax	44.28	40.54	36.27	35.07	32.48
Other Operating Expenses	11.22	35.94	-15.19	3.26	2.81
Operating Income	170.37	225.05	77.14	127.66	126.77
Interest Income	7.71	6.9	5.55	4.13	3.19
Interest Expense	-66.7	-57.55	-49.82	-44.34	-43.21
Other Non-Operating Income (Expense)	16.47	15.68	18.51	7.82	14.24
Total Non-Operating Income (Expense)	-42.52	-34.97	-25.76	-32.4	-25.79
Pretax Income	127.85	190.09	51.38	95.26	100.98
Net Income	128.21	190.81	51.91	96.01	101.13
Minority Interest in Earnings	0.36	0.72	0.54	0.75	0.15
Net Income to Common	128.21	190.81	51.91	96.01	101.13
Net Income Growth	-32.81%	267.57%	-45.93%	-5.06%	4.44%
Shares Outstanding (Basic)	60	59	57	54	52
Shares Outstanding (Diluted)	60	59	57	54	52
Shares Change (YoY)	1.68%	2.92%	4.82%	5.29%	4.79%
EPS (Basic)	2.15	3.26	0.91	1.77	1.96
EPS (Diluted)	2.15	3.25	0.91	1.77	1.96
EPS Growth	-33.85%	257.14%	-48.59%	-9.69%	-0.51%
Free Cash Flow	0	-179.93	-165.93	-83.99	-61.48
Free Cash Flow Per Share	-	-3.07	-2.91	-1.54	-1.19
Dividends Per Share	1.200	1.120	1.040	1.000	0.920
Dividend Growth	7.14%	7.69%	4.00%	8.70%	8.24%
Gross Margin	37.02%	41.80%	27.61%	33.15%	34.23%
Operating Margin	17.03%	21.71%	9.71%	15.08%	16.03%
Profit Margin	12.78%	18.33%	6.47%	11.25%	12.77%
FCF Margin	0.00%	-17.35%	-20.88%	-9.92%	-7.77%
EBITDA	170.37	359.19	200.26	245.02	238.35
EBITDA Margin	17.03%	34.64%	25.20%	28.95%	30.14%
EBIT	170.37	225.05	77.14	127.66	126.77
EBIT Margin	17.03%	21.71%	9.71%	15.08%	16.03%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q