CALIFORNIA WATER SERVICE GROUP Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
California Water Service Group quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • California Water Service Group Operating Margin for the quarter ending June 30, 2024 was 24.6 %, a 107% increase year-over-year.
  • California Water Service Group annual Operating Margin for 2023 was 9.76 %, a 40.9% decline from 2022.
  • California Water Service Group annual Operating Margin for 2022 was 16.5 %, a 0.18% decline from 2021.
  • California Water Service Group annual Operating Margin for 2021 was 16.6 %, a 15.5% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 9.76 -6.76 -40.9% Jan 1, 2023 Dec 31, 2023
2022 16.5 -0.03 -0.18% Jan 1, 2022 Dec 31, 2022
2021 16.6 -3.04 -15.5% Jan 1, 2021 Dec 31, 2021
2020 19.6 +4.63 +30.9% Jan 1, 2020 Dec 31, 2020
2019 15 -1.42 -8.67% Jan 1, 2019 Dec 31, 2019
2018 16.4 -0.82 -4.77% Jan 1, 2018 Dec 31, 2018
2017 17.2 +3.19 +22.8% Jan 1, 2017 Dec 31, 2017
2016 14 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.