California Water Service Group
CWT
$46.50
Share price
2.31%
Change (1 day)
-19.86%
Change (1 year)
Operating Margin for California Water Service Group (CWT)
Operating Margin as of April 2024 (TTM): 12.00%
According to California Water Service Group's latest financial reports and stock price the company's current Operating Margin is 12.00%. At the end of 2022 the company had an Operating Margin of 12.01%.
Operating Margin history for California Water Service Group from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 12.01% | -9.61% |
| 2021 | 13.28% | -3.06% |
| 2020 | 13.70% | 21.21% |
| 2019 | 11.31% | -3.09% |
| 2018 | 11.67% | -22.62% |
| 2017 | 15.08% | 21.7% |
| 2016 | 12.39% | 3.67% |
| 2015 | 11.95% | -15.72% |
| 2014 | 14.18% | 22.28% |
| 2013 | 11.59% | -7.62% |
| 2012 | 12.55% | -6.23% |
| 2011 | 13.38% | -0.31% |
| 2010 | 13.43% | 3.81% |
| 2009 | 12.93% | -17% |
| 2008 | 15.58% | 16.62% |
| 2007 | 13.36% | 9.41% |
| 2006 | 12.21% | -17.07% |
| 2005 | 14.73% | 7.79% |
| 2004 | 13.66% | 17.16% |
| 2003 | 11.66% | -3.02% |
| 2002 | 12.02% | 20.19% |
| 2001 | 10.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 26.58% | 121.50% | 🇺🇸 USA |
 York Water YORW | 32.93% | 174.42% | 🇺🇸 USA |
 Pure Cycle (water) PCYO | 49.39% | 311.58% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 21.69% | 80.75% | 🇺🇸 USA |
 Cadiz CDZI | -1,655.00% | -13,891.67% | 🇺🇸 USA |
 Artesian Resources ARTNA | 24.14% | 101.17% | 🇺🇸 USA |
 SJW Group
SJW | 13.26% | 10.50% | 🇺🇸 USA |
 American States Water
AWR | 26.61% | 121.75% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.