On this page of StockholderLetter.com we present the latest annual shareholder letter from CALIFORNIA WATER SERVICE GROUP — ticker symbol CWT. Reading current and past CWT letters to shareholders can bring important insights into the investment thesis.
California Water Service Group 2024 SUMMARY ANNUAL REPORT Vision Action
About California Water Service Group Contents California Water Service Group (NYSE: CWT) is the third-largest publicly traded water utility in the United States, providing high-quality water and wastewater services to more than two million people through four regulated subsidiaries: California Water Service (Cal Water), Hawaii Water Service (Hawaii Water), New Mexico Water Service (New Mexico Water), and Washington Water Service (Washington Water). A fifth subsidiary, Texas Water Service, invests in water and wastewater infrastructure in Texas. 02 Vision to Action We are committed to improving the quality of life for our customers, communities, employees, and stockholders. We do this by living our core values and delivering on our promise to provide quality, service, and value. 38 Board of Directors 26 Business at a Glance 28 Our Service Areas 30 Letter to Stockholders 34 CWT 20-Year Total Return on Investment 36 Eight-Year Financial Review 40 Corporate Officers 42 Corporate Information
Vision without action lacks impact. Action without vision lacks meaning. But when vision leads to action, the result is both impactful and meaningful. At California Water Service Group, we contribute to the greater good by acting on our vision and executing a forward-looking strategy that enhances the quality of life for our customers, communities, employees, and stockholders.

Vision Stewardship As a provider of a life-sustaining, finite natural resource, we are serious about environmental stewardship. Long before climate change and ESG took center stage, we recognized the importance of conserving and protecting our water supplies. Today, our approach to sustainability is multifaceted and includes water-use efficiency, water supply planning and resilience, and responsible, efficient operations. Left: Employees oversee an innovative water reuse partnership with the Horse Park at Woodside, which shares our dedication to environmental stewardship.
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 • stockholder letter icon 4/19/2023 CWT Stockholder Letter
 • stockholder letter icon 4/17/2024 CWT Stockholder Letter
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CWT Shareholder/Stockholder Letter Transcript:

California Water Service Group
2024 SUMMARY ANNUAL REPORT
Vision
Action

About California Water Service Group
Contents
California Water Service Group (NYSE: CWT) is the
third-largest publicly traded water utility in the United States,
providing high-quality water and wastewater services to more
than two million people through four regulated subsidiaries:
California Water Service (Cal Water), Hawaii Water Service
(Hawaii Water), New Mexico Water Service (New Mexico
Water), and Washington Water Service (Washington Water).
A fifth subsidiary, Texas Water Service, invests in water and
wastewater infrastructure in Texas.
02 Vision to Action
We are committed to improving the quality of life for our
customers, communities, employees, and stockholders. We do
this by living our core values and delivering on our promise to
provide quality, service, and value.
38 Board of Directors
26 Business at a Glance
28 Our Service Areas
30 Letter to Stockholders
34
CWT 20-Year Total Return
on Investment
36
Eight-Year Financial Review
40 Corporate Officers
42 Corporate Information

Vision without action
lacks impact.
Action without
vision lacks meaning.
But when vision leads to action, the result is both impactful
and meaningful. At California Water Service Group, we contribute
to the greater good by acting on our vision and executing a
forward-looking strategy that enhances the quality of life for our
customers, communities, employees, and stockholders.


Vision
    Stewardship
As a provider of a life-sustaining, finite natural resource, we are serious
about environmental stewardship. Long before climate change and
ESG took center stage, we recognized the importance of conserving
and protecting our water supplies. Today, our approach to sustainability
is multifaceted and includes water-use efficiency, water supply planning
and resilience, and responsible, efficient operations.
Left: Employees oversee an innovative water reuse
partnership with the Horse Park at Woodside, which
shares our dedication to environmental stewardship.



shareholder letter icon 4/16/2025 Letter Continued (Full PDF)
 

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