California Water Service Group Management
Management criteria checks 3/4
California Water Service Group's CEO is Marty Kropelnicki, appointed in Oct 2012, has a tenure of 13.5 years. total yearly compensation is $6.88M, comprised of 15.7% salary and 84.3% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth $6.92M. The average tenure of the management team and the board of directors is 3.3 years and 7.8 years respectively.
Key information
Marty Kropelnicki
Chief executive officer
US$6.9m
Total compensation
| CEO salary percentage | 15.72% |
| CEO tenure | 13.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.3yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
CWT: Proposed Rate Increases And Higher Dividend Will Support Future Upside
Analysts have kept their $52.00 price target for California Water Service Group unchanged. This reflects consistent assumptions around discount rate, revenue growth, profit margin, and future P/E in their valuation work.CWT: Regulated Rate Decision And Dividend Increase Will Support Future Upside
Analysts have kept their $52 price target for California Water Service Group unchanged. This reflects steady assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E.CWT: Long Dividend Record And 2026 Increase Will Support Upside Potential
Analysts have maintained their price target for California Water Service Group at approximately $52.00, reflecting unchanged views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Declared the 324th consecutive quarterly dividend of $0.3350 per common share, scheduled to be paid on February 20, 2026, to stockholders of record on February 9, 2026 (Key Developments).CWT: Long Dividend Streak And 2026 Payout Commitment Will Support Upside
Analysts have maintained their $52.00 price target for California Water Service Group, citing updated assumptions that include neutral fair value and discount rate inputs, along with revised expectations for revenue growth, profit margin, and future P/E ratios. What's in the News Declared its 324th consecutive quarterly dividend of $0.3350 per common share, payable on February 20, 2026, to stockholders of record as of February 9, 2026 (Key Developments).CWT: Long Dividend Streak And Higher 2026 Payouts Will Support Upside
Analysts have inched their price target on California Water Service Group up by about $0.33 to roughly $52.00, reflecting updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News Declared its 324th consecutive quarterly dividend of $0.3350 per common share, payable on February 20, 2026, to stockholders of record as of February 9, 2026 (Key Developments) The Board of Directors announced an intent to set the 2026 annual dividend at $1.34 per common share, compared with a $1.20 annual dividend and a $0.04 special dividend paid in 2025 (Key Developments) These dividend actions highlight the ongoing use of regular quarterly payouts as a way to return cash to shareholders alongside occasional special dividends (Key Developments) Valuation Changes Fair Value has edged up from $51.67 to $52.00, a small adjustment that keeps the implied value range essentially unchanged.CWT: Long Dividend Record And Higher 2026 Payouts Will Support Share Price
Analysts have trimmed their price target on California Water Service Group to about $51.67 from $53, reflecting updated views on fair value, growth assumptions, and expected P/E levels, while keeping overall expectations relatively steady. What's in the News Declared the 324th consecutive quarterly dividend of $0.3350 per common share, scheduled for payment on February 20, 2026, to stockholders of record on February 9, 2026 (Key Developments).CWT: Stable Cash Flow Assumptions Will Support Future Share Price Upside
Analysts have kept their price target for California Water Service Group steady at US$53, reflecting largely unchanged assumptions around discount rate, revenue growth, profit margin and future P/E expectations. Valuation Changes Fair Value Estimate: Unchanged at US$53.00, indicating no adjustment in the overall valuation output.Calculating The Fair Value Of California Water Service Group (NYSE:CWT)
Jan 06
CWT: Steady Assumptions Will Support Attractive Future Share Price Upside
Analysts have reaffirmed their price target for California Water Service Group at US$53.00, citing largely unchanged assumptions for the discount rate, revenue growth, profit margin, and future P/E, which together support maintaining the prior valuation view. Valuation Changes Fair Value Estimate remained steady at US$53.00, with no change between the prior and updated model outputs.CWT: Stable Earnings Profile Will Support Attractive Future Share Price Upside
Analysts have reiterated their price target of $53.00 for California Water Service Group, citing stable assumptions for the discount rate, revenue growth, profit margins, and future valuation multiples that continue to support their prior fair value assessment. Valuation Changes Fair Value Estimate: unchanged at $53.00 per share, indicating no revision to the core valuation view.CWT: Stable Margins And Earnings Multiple Will Support Long-Term Shareholder Upside
Analysts have modestly adjusted their price target on California Water Service Group to approximately $53.00 per share, reflecting largely unchanged assumptions on fair value, discount rate, revenue growth, and profit margin. Valuation Changes Fair Value Estimate remained unchanged at approximately $53.00 per share, indicating no material revision to intrinsic value.CWT: Steady Revenue And Profitability Will Support Long-Term Shareholder Value
Analysts have maintained their price target for California Water Service Group at $53.00. They cite steady expectations for revenue growth, profit margin, and future earnings multiples.California Water Service Group: Unattractive After Q3
Nov 20CWT: Capital Investment Will Expand Regulated Base And Drive Long-Term Value
Narrative Update on California Water Service Group Analysts have lowered their price target for California Water Service Group from $55.50 to $53.00. This adjustment is based on updated expectations for slower profit growth, even though revenue projections have improved.California Water Service Group Just Beat EPS By 29%: Here's What Analysts Think Will Happen Next
Aug 03Estimating The Intrinsic Value Of California Water Service Group (NYSE:CWT)
Jun 24California Water Service Group (NYSE:CWT) Might Have The Makings Of A Multi-Bagger
Mar 22California Water Service: Buy This Dividend King Before The Opportunity Dries Up
Mar 05Is Now The Time To Put California Water Service Group (NYSE:CWT) On Your Watchlist?
Feb 25California Water Service Group (NYSE:CWT) Is Increasing Its Dividend To $0.34
Feb 07Earnings Working Against California Water Service Group's (NYSE:CWT) Share Price
Jan 29California Water Service Group: Poor Performance (Rating Downgrade)
Dec 18Is California Water Service Group (NYSE:CWT) Worth US$49.1 Based On Its Intrinsic Value?
Dec 06California Water Service Group (NYSE:CWT) Shareholders Will Want The ROCE Trajectory To Continue
Oct 26California Water Service Group: Buy It And Let It Drip
Sep 17
Regulatory Hurdles And Rising Costs Threaten To Derail Water Utility's Profitability
Rising operational and environmental compliance costs could reduce profitability and net margins, straining financial resources.California Water Service Group's (NYSE:CWT) Share Price Not Quite Adding Up
Aug 26California Water Service: Moderately Discounted Dividend King
Aug 13Results: California Water Service Group Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 04California Water Service Group (NYSE:CWT) Has Some Way To Go To Become A Multi-Bagger
Jul 11California Water Service: It's Not Too Late To Buy Now
May 15Shareholders Should Be Pleased With California Water Service Group's (NYSE:CWT) Price
Apr 23California Water Service: An Undervalued Water Utility To Buy Now
Mar 02California Water Service Group (NYSE:CWT) Will Want To Turn Around Its Return Trends
Feb 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | US$7m | US$1m | US$128m |
| Sep 30 2025 | n/a | n/a | US$136m |
| Jun 30 2025 | n/a | n/a | US$136m |
| Mar 31 2025 | n/a | n/a | US$134m |
| Dec 31 2024 | US$5m | US$1m | US$191m |
| Sep 30 2024 | n/a | n/a | US$201m |
| Jun 30 2024 | n/a | n/a | US$175m |
| Mar 31 2024 | n/a | n/a | US$144m |
| Dec 31 2023 | US$5m | US$1m | US$52m |
| Sep 30 2023 | n/a | n/a | US$41m |
| Jun 30 2023 | n/a | n/a | US$63m |
| Mar 31 2023 | n/a | n/a | US$73m |
| Dec 31 2022 | US$3m | US$1m | US$96m |
| Sep 30 2022 | n/a | n/a | US$80m |
| Jun 30 2022 | n/a | n/a | US$87m |
| Mar 31 2022 | n/a | n/a | US$105m |
| Dec 31 2021 | US$4m | US$902k | US$101m |
| Sep 30 2021 | n/a | n/a | US$113m |
| Jun 30 2021 | n/a | n/a | US$147m |
| Mar 31 2021 | n/a | n/a | US$114m |
| Dec 31 2020 | US$4m | US$1m | US$97m |
| Sep 30 2020 | n/a | n/a | US$93m |
| Jun 30 2020 | n/a | n/a | US$39m |
| Mar 31 2020 | n/a | n/a | US$50m |
| Dec 31 2019 | US$13m | US$986k | US$63m |
Compensation vs Market: Marty's total compensation ($USD6.88M) is about average for companies of similar size in the US market ($USD7.00M).
Compensation vs Earnings: Marty's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Marty Kropelnicki (58 yo)
13.5yrs
Tenure
US$6,875,256
Compensation
Mr. Martin A. Kropelnicki, also known as Marty, is Director of California Chamber Of Commerce from April 2023. Mr. Kropelnicki has been the Chief Executive Officer and President of California Water Service...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 13.5yrs | US$6.88m | 0.25% $ 6.9m | |
| Senior VP | 2.3yrs | US$1.56m | 0.010% $ 288.8k | |
| Senior VP of Business Development & General Counsel | 3.1yrs | US$1.26m | 0.0081% $ 225.8k | |
| Senior VP of Corporate Services & Chief Risk Officer | 5.3yrs | US$1.32m | 0.040% $ 1.1m | |
| Senior VP of Customer Service & Chief Sustainability Officer | 2.3yrs | US$1.49m | 0.040% $ 1.1m | |
| Senior Vice President of Operations | 5.3yrs | no data | 0.014% $ 396.8k | |
| VP, Corporate Controller | 3.3yrs | no data | 0.0097% $ 269.0k | |
| VP & Chief Human Resource Officer | 1.2yrs | no data | 0.0049% $ 137.0k | |
| Chief Engineering Officer | no data | no data | 0.014% $ 391.8k | |
| Chief Business Development Officer | 3.3yrs | no data | no data | |
| VP, Corporate Secretary & Chief of Staff | 11.3yrs | no data | 0.022% $ 609.5k | |
| Vice President of Rates & Regulatory Affairs | 4.3yrs | no data | 0.022% $ 622.9k |
3.3yrs
Average Tenure
57.5yo
Average Age
Experienced Management: CWT's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 12.6yrs | US$6.88m | 0.25% $ 6.9m | |
| Lead Independent Director | 6.4yrs | US$296.18k | 0.025% $ 707.6k | |
| Independent Director | 2.8yrs | US$241.18k | 0.015% $ 421.6k | |
| Independent Director | 15.8yrs | US$261.18k | 0.041% $ 1.1m | |
| Independent Director | 6.4yrs | US$256.18k | 0.025% $ 707.8k | |
| Independent Director | 7.8yrs | US$241.18k | 0.026% $ 717.0k | |
| Independent Director | 15.1yrs | US$256.18k | 0.044% $ 1.2m | |
| Independent Director | 2.4yrs | US$241.18k | 0.0092% $ 256.7k | |
| Independent Director | 10.6yrs | US$266.18k | 0.044% $ 1.2m | |
| Independent Director | 8.6yrs | US$241.18k | 0.027% $ 758.8k | |
| Independent Director | 4.9yrs | US$241.18k | 0.021% $ 587.8k |
7.8yrs
Average Tenure
67yo
Average Age
Experienced Board: CWT's board of directors are considered experienced (7.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/29 13:00 |
| End of Day Share Price | 2026/04/29 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
California Water Service Group is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Davis Sunderland | Baird |
| Daniel Ford | Barclays |
| Ross Fowler | BofA Global Research |