CWT CALIFORNIA WATER SERVICE GROUP

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Core business: Regulated water utility services funded partly by developer-funded construction projects
• • New emphasis: Developer-funded construction expenditures with refundable advances over 40 years
• • Strategic shift: Increase in long-term debt ratio to 46.5% from 40.3%, equity ratio down to 53.5% from 59.7%
• • Quantitative metric: Construction work in progress stable around $260 million, return on average equity declined to 7.7% from 12.5%
• • Noteworthy: Acquisition agreement in November 2025 for remaining BVRT membership interests at $45 million, pending approvals

Risk Factors

• • Regulatory risk: CPUC delay on 2024 California General Rate Case (GRC) decision causing financial and operational uncertainty
• • Geopolitical/macroeconomic risk: Assembly Bill 367 in California requires backup energy and emergency plans for fire suppression starting 7/1/2030 in Ventura County
• • Operational risk: Accelerated land movement in Rancho Dominguez District causing infrastructure damage and inverse condemnation lawsuits
• • Competitive risk: EPA’s finalized PFAS maximum contaminant levels (MCLs) require $269.1 million capital investment for treatment by 2029 compliance deadline
• • Financial risk: CPUC may deny recovery of inverse condemnation damage awards, exposing Cal Water to unrecoverable liabilities

Management Discussion & Analysis

• • Revenue $1,000.1M in 2025, down $36.7M (-3.5%) YoY from $1,036.8M in 2024 due to lower customer usage and absence of 2024 IRMA revenue
• • Operating expenses increased $18.0M driven by water production costs +$11.5M (38.8% of total costs), administrative expenses +$2.1M, other ops +$11.6M, depreciation +$12.5M, offset by income tax expense down $24.7M
• • Net income $128.2M in 2025, down $62.6M (33%) from $190.8M in 2024; EPS $2.15 vs $3.25 prior year
• • Best segment: Water production costs $322.2M, up 3.7%, with purchased water expenses +$11.7M driven by 6.9% rate increase; worst segment: absence of $88.6M IRMA revenue impact in 2025
• • Net interest expense $66.5M up $9.1M (15.9%), driven by higher borrowings; no direct cash flow or capital allocation figures disclosed in text
• • Management highlights regulatory risks with 2021 CA GRC impacts; no direct forward guidance provided but notes potential cost pressure from climate change regulations on power costs and ongoing regulatory rate recovery mechanisms

What are the latest CWT SEC filings in 2026?

CALIFORNIA WATER SERVICE GROUP (CWT) has filed a 10-K annual report on February 27, 2026, a 10-Q quarterly report on April 30, 2026, an 8-K current report on July 30, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did CWT file its most recent 10-K annual report?

CALIFORNIA WATER SERVICE GROUP (CWT) filed its most recent 10-K annual report on February 27, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view CWT 10-Q quarterly reports?

CALIFORNIA WATER SERVICE GROUP (CWT)'s most recent 10-Q quarterly report was filed on April 30, 2026. SignalX displays every CWT 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has CWT filed recently?

CALIFORNIA WATER SERVICE GROUP (CWT)'s most recent 8-K was filed on July 30, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find CWT insider trading activity (Form 4)?

SignalX aggregates every CWT Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does CWT file with the SEC?

CALIFORNIA WATER SERVICE GROUP (CWT) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new CWT filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for CALIFORNIA WATER SERVICE GROUP (CWT).

What is CWT's SEC CIK number?

CALIFORNIA WATER SERVICE GROUP (CWT)'s SEC CIK (Central Index Key) number is 1035201. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1035201 to look up all CWT filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find CWT return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from CALIFORNIA WATER SERVICE GROUP (CWT) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.