California Water Service Group reported strong financial results for Q3 2025, with net income of $61.2 million and diluted EPS of $1.03. The company invested $135.2 million in water system infrastructure, with approval for rate increases in California and Hawaii. A 323rd consecutive quarterly dividend of $0.30 per share was declared.

YTD 2025 net income was $116.7 million, a decrease of 31.8% from YTD 2024. Revenue decreased by $34.4 million to $780.2 million in YTD 2025. Operating expenses increased by $13.6 million to $635.4 million in YTD 2025. The company reported non-GAAP financial measures adjusting for the impact of 2023 interim rate relief on 2024 results.

California Water Service Group announced the sale of $170.0 million in Senior Unsecured Notes and $200.0 million in First Mortgage Bonds. The Notes were rated “A” by S&P Global, while the Bonds were rated “AA-“. Group’s capital investments for the first nine months of 2025 were $364.7 million, a 9.8% increase from the same period in 2024.

Regulatory updates include authorization for rate increases in Hawaii and Washington. The Company is party to class-action settlements for PFAS contamination, receiving $24.2 million in Q3 2025. Group’s commitment to community partnership and employee engagement was highlighted, with recognition for trustworthiness and workplace quality.

The Group Board declared a 323rd consecutive quarterly dividend of $0.30 per share, expected to yield an annual dividend of $1.20 per share. The Board also declared a one-time special dividend of $0.04 per share in January 2025. For more information, refer to the Form 10-Q available on the company’s website.

Read more at GlobeNewswire: Leading Water Utility California Water Service Group