California Water Service EV/EBIT CWT
Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2011.
- Today, Oct 23, 2026
- 24.9×
- 10-year median
- 29.3×
- Against its 10-year history
- 21st
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 16.4× to 61.2×
- Peer median
- 22.7×
California Water Service's EV/EBIT is 24.9× as of Oct 23, 2026.
That is below its ten-year median of 29.3×, lower than on 79% of days in the last ten years.
Over that time it ranged from 16.4× in Jan 2025 to 61.2× in Dec 2023.
The median for 8 water utilities of a similar size is 22.7×.
EV/EBIT over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 24.9× | 22.6× | 28.6× |
| 2025 | 22.8× | 16.4× | 25.7× |
| 2024 | 17.4× | 17.4× | 58.3× |
| 2023 | 60.6× | 32.2× | 61.2× |
| 2022 | 39.1× | 28.0× | 41.5× |
| 2021 | 34.2× | 23.6× | 34.2× |
| 2020 | 28.5× | 25.7× | 44.9× |
| 2019 | 32.2× | 28.7× | 35.9× |
| 2018 | 29.3× | 23.1× | 30.0× |
| 2017 | 27.9× | 26.8× | 32.5× |
| 2016 | 31.8× | 22.1× | 32.9× |
| 2015 | 22.3× | 18.0× | 22.6× |
| 2014 | 21.7× | 20.2× | 23.6× |
| 2013 | 21.0× | 18.3× | 21.0× |
| 2012 | 18.4× | 17.1× | 21.1× |
| 2011 | 17.3× | 16.8× | 19.8× |
Against its peers
Companies in Regulated Water nearest California Water Service's size, closest first, today.
| Company | EV/EBIT |
|---|---|
| CWTCalifornia Water Service | 24.9× |
| AWRAmerican States Water | 18.4× |
| HTOH2O America | 23.9× |
| MSEXMiddlesex Water | 24.2× |
| WTRGEssential Utilities | 22.7× |
| YORWYork Water | 23.1× |
| CWCOConsolidated Water | 20.3× |
| ARTNAArtesian Resources | 17.9× |
| AWKAmerican Water Works | 22.6× |
| Peer median | 22.7× |
Where California Water Service ranks
What the EV/EBIT tells you
What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.
Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.
More on California Water Service
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.