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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	135.84	190.81	51.91	96.01	101.13	96.83
Depreciation & Amortization	140.28	134.14	123.12	117.36	111.58	100.94
Loss (Gain) on Sale of Assets	-	-	-	-	-0.09	-
Asset Writedown	1.31	1.31	-0.54	0.7	0.52	-
Stock-Based Compensation	3.75	3.75	2.99	5.16	6.81	4.59
Change in Accounts Receivable	-68.68	-45	38.85	-41.07	-11.52	-17.2
Change in Accounts Payable	3.26	1.74	9.9	-7.63	-2.94	0.37
Change in Income Taxes	-5.39	-5.39	0.65	-5.1	-2.75	-3.65
Change in Other Net Operating Assets	16.87	-19.98	-33.96	48.8	10.55	-89.55
Other Operating Activities	30.06	29.49	24.88	29.54	18.43	25.58
Operating Cash Flow	257.3	290.87	217.82	243.77	231.72	117.92
Operating Cash Flow Growth	-14.59%	33.54%	-10.65%	5.20%	96.50%	-30.14%
Capital Expenditures	-485.91	-470.8	-386.56	-335.52	-293.19	-298.65
Sale of Property, Plant & Equipment	-	-	-	-	0.11	-
Cash Acquisitions	-1.61	-1.61	-0.18	-	-6.45	-40.48
Investment in Securities	-	-	-	-	1	-4.6
Other Investing Activities	-2.3	-2.46	-2.68	-	-2.34	-2.34
Investing Cash Flow	-489.82	-474.87	-389.42	-335.52	-300.87	-346.07
Short-Term Debt Issued	-	505	227.79	150	200	335
Long-Term Debt Issued	-	125	-	-	280	-
Total Debt Issued	745	630	227.79	150	480	335
Short-Term Debt Repaid	-	-480	-120	-115	-535	-140.1
Long-Term Debt Repaid	-	-0.89	-1.81	-5.42	-5.35	-22.14
Total Debt Repaid	-505.9	-480.89	-121.81	-120.42	-540.35	-162.24
Net Debt Issued (Repaid)	239.1	149.11	105.98	29.58	-60.35	172.76
Issuance of Common Stock	37	89.03	115.11	106.74	197.72	83.58
Repurchase of Common Stock	-1.41	-1.44	-1.84	-2.01	-1.77	-1.68
Common Dividends Paid	-71.22	-65.46	-59.04	-54.19	-47.4	-41.77
Other Financing Activities	42.55	23.48	11.34	16.01	16.47	17.09
Financing Cash Flow	246	194.72	171.54	96.12	104.68	229.98
Net Cash Flow	13.48	10.72	-0.06	4.37	35.52	1.83
Free Cash Flow	-228.61	-179.93	-168.75	-91.75	-61.48	-180.73
Free Cash Flow Margin	-23.08%	-17.36%	-21.24%	-10.84%	-7.77%	-22.75%
Free Cash Flow Per Share	-3.85	-3.07	-2.96	-1.69	-1.19	-3.67
Cash Interest Paid	58.9	55.66	49.15	43.77	41.62	40.79
Cash Income Tax Paid	27	27	-3.53	-	3.66	4.7
Levered Free Cash Flow	-343.14	-204.18	-236.95	-172.36	-98.39	-159.75
Unlevered Free Cash Flow	-303.12	-166.24	-203.94	-143.18	-70.27	-131.59
Change in Working Capital	-53.94	-68.63	15.44	-5	-6.66	-110.02

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q