vs

Side-by-side financial comparison of CALIFORNIA WATER SERVICE GROUP (CWT) and Crane NXT, Co. (CXT). Click either name above to swap in a different company.

Crane NXT, Co. is the larger business by last-quarter revenue ($387.7M vs $210.7M, roughly 1.8× CALIFORNIA WATER SERVICE GROUP). CALIFORNIA WATER SERVICE GROUP runs the higher net margin — 5.4% vs 1.7%, a 3.8% gap on every dollar of revenue. On growth, Crane NXT, Co. posted the faster year-over-year revenue change (17.4% vs -3.3%). Over the past eight quarters, CALIFORNIA WATER SERVICE GROUP's revenue compounded faster (16.6% CAGR vs 2.3%).

California Water Service Group (CWSG) is an American public utility company providing drinking water and wastewater services. It is the third-largest investor-owned publicly traded water utility in the United States, serving roughly two million people through its subsidiary companies in California, Hawaii, New Mexico and Washington. CWSG was formed in 1997 as a new holding company for California Water Service to expand into other states regulated by their own public utilities commissions, and...

Crane Co. is an American industrial products company based in Stamford, Connecticut. Founded by Richard Teller Crane in 1855, it became one of the leading manufacturers of bathroom fixtures in the United States, until 1990, when that division was sold off. In 1960 it began the process of becoming a holding company with a diverse portfolio. Its business segments are Aerospace & Electronics, Engineered Materials, Fluid Handling, and Controls. Industries served by these segments include chemical...

CWT vs CXT — Head-to-Head

Bigger by revenue
CXT
CXT
1.8× larger
CXT
$387.7M
$210.7M
CWT
Growing faster (revenue YoY)
CXT
CXT
+20.7% gap
CXT
17.4%
-3.3%
CWT
Higher net margin
CWT
CWT
3.8% more per $
CWT
5.4%
1.7%
CXT
Faster 2-yr revenue CAGR
CWT
CWT
Annualised
CWT
16.6%
2.3%
CXT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CWT
CWT
CXT
CXT
Revenue
$210.7M
$387.7M
Net Profit
$11.5M
$6.4M
Gross Margin
40.2%
Operating Margin
12.2%
Net Margin
5.4%
1.7%
Revenue YoY
-3.3%
17.4%
Net Profit YoY
-41.0%
-70.5%
EPS (diluted)
$0.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CWT
CWT
CXT
CXT
Q1 26
$387.7M
Q4 25
$210.7M
$476.9M
Q3 25
$314.1M
$445.1M
Q2 25
$256.2M
$404.4M
Q1 25
$182.7M
$330.3M
Q4 24
$217.8M
$399.1M
Q3 24
$306.2M
$403.5M
Q2 24
$226.7M
$370.6M
Net Profit
CWT
CWT
CXT
CXT
Q1 26
$6.4M
Q4 25
$11.5M
$47.5M
Q3 25
$61.2M
$50.5M
Q2 25
$42.2M
$24.9M
Q1 25
$13.3M
$21.7M
Q4 24
$19.5M
Q3 24
$60.7M
$47.1M
Q2 24
$40.6M
$41.6M
Gross Margin
CWT
CWT
CXT
CXT
Q1 26
40.2%
Q4 25
42.4%
Q3 25
43.3%
Q2 25
41.7%
Q1 25
42.4%
Q4 24
45.2%
Q3 24
42.5%
Q2 24
43.4%
Operating Margin
CWT
CWT
CXT
CXT
Q1 26
Q4 25
12.2%
16.7%
Q3 25
22.5%
18.4%
Q2 25
20.2%
11.8%
Q1 25
12.2%
11.3%
Q4 24
14.8%
17.7%
Q3 24
21.8%
18.6%
Q2 24
21.2%
18.2%
Net Margin
CWT
CWT
CXT
CXT
Q1 26
1.7%
Q4 25
5.4%
10.0%
Q3 25
19.5%
11.3%
Q2 25
16.5%
6.2%
Q1 25
7.3%
6.6%
Q4 24
8.9%
Q3 24
19.8%
11.7%
Q2 24
17.9%
11.2%
EPS (diluted)
CWT
CWT
CXT
CXT
Q1 26
Q4 25
$0.19
$0.82
Q3 25
$1.03
$0.87
Q2 25
$0.71
$0.43
Q1 25
$0.22
$0.38
Q4 24
$0.31
$1.00
Q3 24
$1.03
$0.81
Q2 24
$0.70
$0.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CWT
CWT
CXT
CXT
Cash + ST InvestmentsLiquidity on hand
$51.8M
$228.3M
Total DebtLower is stronger
$1.5B
$1.5B
Stockholders' EquityBook value
$1.7B
$1.2B
Total Assets
$5.7B
$3.6B
Debt / EquityLower = less leverage
0.87×
1.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWT
CWT
CXT
CXT
Q1 26
$228.3M
Q4 25
$51.8M
$233.8M
Q3 25
$76.0M
$182.4M
Q2 25
$50.5M
$152.5M
Q1 25
$44.5M
$173.8M
Q4 24
$50.1M
$165.8M
Q3 24
$59.6M
$165.1M
Q2 24
$37.3M
$175.5M
Total Debt
CWT
CWT
CXT
CXT
Q1 26
$1.5B
Q4 25
$1.5B
$1.0B
Q3 25
$1.1B
$834.3M
Q2 25
$1.1B
$861.8M
Q1 25
$1.1B
$541.1M
Q4 24
$1.1B
$540.6M
Q3 24
$638.2M
Q2 24
$638.9M
Stockholders' Equity
CWT
CWT
CXT
CXT
Q1 26
$1.2B
Q4 25
$1.7B
$1.3B
Q3 25
$1.7B
$1.2B
Q2 25
$1.7B
$1.2B
Q1 25
$1.6B
$1.1B
Q4 24
$1.6B
$1.1B
Q3 24
$1.6B
$1.1B
Q2 24
$1.5B
$989.8M
Total Assets
CWT
CWT
CXT
CXT
Q1 26
$3.6B
Q4 25
$5.7B
$3.1B
Q3 25
$5.5B
$2.9B
Q2 25
$5.4B
$2.9B
Q1 25
$5.3B
$2.4B
Q4 24
$5.2B
$2.4B
Q3 24
$5.0B
$2.4B
Q2 24
$4.9B
$2.4B
Debt / Equity
CWT
CWT
CXT
CXT
Q1 26
1.22×
Q4 25
0.87×
0.80×
Q3 25
0.65×
0.69×
Q2 25
0.67×
0.73×
Q1 25
0.68×
0.49×
Q4 24
0.67×
0.51×
Q3 24
0.60×
Q2 24
0.65×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CWT
CWT
CXT
CXT
Operating Cash FlowLast quarter
$47.9M
Free Cash FlowOCF − Capex
$-24.1M
FCF MarginFCF / Revenue
-6.2%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
4.17×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWT
CWT
CXT
CXT
Q1 26
Q4 25
$47.9M
$105.8M
Q3 25
$167.3M
$92.0M
Q2 25
$48.9M
$62.8M
Q1 25
$38.4M
$-19.1M
Q4 24
$68.1M
$81.1M
Q3 24
$101.8M
$66.7M
Q2 24
$94.4M
$56.8M
Free Cash Flow
CWT
CWT
CXT
CXT
Q1 26
$-24.1M
Q4 25
Q3 25
$78.7M
Q2 25
$55.8M
Q1 25
$-32.2M
Q4 24
Q3 24
$53.5M
Q2 24
$47.9M
FCF Margin
CWT
CWT
CXT
CXT
Q1 26
-6.2%
Q4 25
Q3 25
17.7%
Q2 25
13.8%
Q1 25
-9.7%
Q4 24
Q3 24
13.3%
Q2 24
12.9%
Capex Intensity
CWT
CWT
CXT
CXT
Q1 26
2.6%
Q4 25
Q3 25
3.0%
Q2 25
1.7%
Q1 25
4.0%
Q4 24
Q3 24
3.3%
Q2 24
2.4%
Cash Conversion
CWT
CWT
CXT
CXT
Q1 26
Q4 25
4.17×
2.23×
Q3 25
2.73×
1.82×
Q2 25
1.16×
2.52×
Q1 25
2.88×
-0.88×
Q4 24
3.50×
Q3 24
1.68×
1.42×
Q2 24
2.33×
1.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CWT
CWT

Residential$133.2M63%
Business$47.7M23%
Public Authorities$13.4M6%
Industrial$6.9M3%
Non Regulated Services$4.8M2%
Other Non Regulated Service$1.2M1%

CXT
CXT

Detection and Traceability Technologies$194.9M50%
Security and Authentication Technologies$192.8M50%

Related Comparisons