California Water Service Group (CWT)

CWT Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	135.83	190.09	51.38	95.26	100.98	96.83
Depreciation & Amortization	143.32	134.14	123.12	117.36	111.58	100.94
Stock-Based Compensation	-	3.75	2.99	5.16	6.81	4.59
Other Adjustments	-9.25	31.52	24.88	30.99	19.01	25.58
Change in Receivables	-11.52	-45	38.85	-41.07	-11.52	-17.2
Changes in Accounts Payable	-1.09	1.74	9.9	-7.63	-2.94	0.37
Changes in Other Operating Activities	21.49	-25.38	-33.31	43.69	7.81	-93.19
Operating Cash Flow	322.74	290.87	217.82	243.77	231.72	117.92
Operating Cash Flow Growth	8.63%	33.54%	-10.65%	5.20%	96.50%	-30.14%
Capital Expenditures	-503.34	-470.8	-383.75	-327.76	-293.19	-298.65
Sale of Property, Plant & Equipment	-	-	-	-	0.11	-
Purchases of Investments	-4.62	-3.94	-2.68	-6.69	-2.34	-2.34
Proceeds from Sale of Investments	-	1.43	-	6.69	1	-
Payments for Business Acquisitions	0.25	-1.61	-2.99	-7.77	-6.45	-45.08
Other Investing Activities	0.31	0.05	-	-	-	-
Investing Cash Flow	-507.85	-474.87	-389.42	-335.52	-300.87	-346.07
Short-Term Debt Issued	555	505	227.79	150	200	335
Short-Term Debt Repaid	-470	-480	-120	-115	-535	-140.1
Net Short-Term Debt Issued (Repaid)	85	25	107.79	35	-335	194.9
Long-Term Debt Issued	-	124.82	-	-	278.94	-
Long-Term Debt Repaid	-0.89	-0.89	-1.81	-5.42	-5.35	-22.14
Net Long-Term Debt Issued (Repaid)	-0.89	123.93	-1.81	-5.42	273.58	-22.14
Issuance of Common Stock	2.48	89.03	115.11	106.74	197.72	83.58
Repurchase of Common Stock	-1.42	-1.44	-1.84	-2.01	-1.77	-1.68
Net Common Stock Issued (Repurchased)	1.05	87.6	113.26	104.73	195.96	81.9
Common Dividends Paid	-72.63	-65.46	-59.04	-54.19	-47.4	-41.77
Other Financing Activities	59.87	23.66	11.34	16.01	17.54	17.09
Financing Cash Flow	201.52	194.72	171.54	96.12	104.68	229.98
Net Cash Flow	16.41	10.72	-0.06	4.37	35.52	1.83
Free Cash Flow	-180.6	-179.93	-165.93	-83.99	-61.48	-180.73
FCF Margin	-18.02%	-17.35%	-20.88%	-9.92%	-7.77%	-22.75%
Free Cash Flow Per Share	-3.03	-3.07	-2.91	-1.54	-1.19	-3.67
Levered Free Cash Flow	-119.12	-20.56	-126.14	-48.74	-137.04	-20.95
Unlevered Free Cash Flow	-162.6	-135.24	-206.9	-46.67	-49.98	-153.87

Updated Oct 30, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q