California Water Service Group CWT

CWT Company Overview

California Water Service Group (NYSE: CWT) is a publicly traded water utility holding company headquartered in San Jose, California. Through its regulated utility subsidiaries, the company provides water utility and related services to residential, commercial, industrial, and governmental customers. The company primarily operates in the regulated water utility industry, with additional activities in wastewater and utility-related services. Its largest operating subsidiary, California Water Service Company, is one of the largest investor-owned water utilities in the United States by customer connections.

The company’s primary revenue driver is the sale and distribution of regulated water services, with rates generally established by state public utility commissions. CWT also generates revenue from wastewater services, infrastructure operations, and utility support services. Its customer base is concentrated in regulated service territories across western and southwestern U.S. states, with a significant presence in California. The company traces its origins to 1926 and has expanded through acquisitions, infrastructure investment, and organic customer growth while maintaining a focus on regulated utility operations, water quality, conservation, and system reliability.