CWT vs. MO

Last updated Apr 2, 2026

Compare and contrast key facts about California Water Service Group (CWT) and Altria Group, Inc. (MO).

Performance

CWT vs. MO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in California Water Service Group (CWT) and Altria Group, Inc. (MO). The values are adjusted to include any dividend payments, if applicable.

CWT vs. MO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CWT California Water Service Group	5.83%	-1.81%	-10.64%	-12.83%	-14.13%	35.05%	6.68%	9.85%	7.06%	36.39%
MO Altria Group, Inc.	15.47%	18.17%	40.76%	-3.70%	4.37%	24.18%	-10.21%	7.87%	-27.14%	9.45%

Fundamentals

Market Cap CWT : $2.72B MO : $109.81B
EPS CWT : $2.15 MO : $4.13
PE Ratio CWT : 21.17 MO : 15.85
PEG Ratio CWT : 0.51 MO : 0.34
PS Ratio CWT : 2.71 MO : 5.27
Total Revenue (TTM) CWT : $1.00B MO : $20.91B
Gross Profit (TTM) CWT : $436.14M MO : $14.54B
EBITDA (TTM) CWT : $329.61M MO : $10.70B

Returns By Period

In the year-to-date period, CWT achieves a 5.83% return, which is significantly lower than MO's 15.47% return. Both investments have delivered pretty close results over the past 10 years, with CWT having a 7.52% annualized return and MO not far behind at 7.39%.

CWT

• 1D: 0.37%
• 1M: 0.26%
• YTD: 5.83%
• 6M: 3.60%
• 1Y: -4.05%
• 3Y*: -5.65%
• 5Y*: -2.12%
• 10Y*: 7.52%

MO

• 1D: -0.77%
• 1M: -3.08%
• YTD: 15.47%
• 6M: 2.27%
• 1Y: 19.22%
• 3Y*: 22.88%
• 5Y*: 13.63%
• 10Y*: 7.39%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CWT vs. MO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CWT

CWT Risk / Return Rank: 31
CWT Sharpe Ratio Rank: 32
CWT Sortino Ratio Rank: 27
CWT Omega Ratio Rank: 27
CWT Calmar Ratio Rank: 34
CWT Martin Ratio Rank: 35

MO

MO Risk / Return Rank: 65
MO Sharpe Ratio Rank: 71
MO Sortino Ratio Rank: 62
MO Omega Ratio Rank: 63
MO Calmar Ratio Rank: 63
MO Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CWT vs. MO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for California Water Service Group (CWT) and Altria Group, Inc. (MO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CWT	MO	Difference
Sharpe ratio Return per unit of total volatility	-0.18	0.92	-1.09
Sortino ratio Return per unit of downside risk	-0.09	1.29	-1.38
Omega ratio Gain probability vs. loss probability	0.99	1.18	-0.19
Calmar ratio Return relative to maximum drawdown	-0.22	1.02	-1.24
Martin ratio Return relative to average drawdown	-0.37	2.64	-3.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CWT vs. MO - Sharpe Ratio Comparison

The current CWT Sharpe Ratio is -0.18, which is lower than the MO Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of CWT and MO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CWT	MO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.18	0.92	-1.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.09	0.67	-0.76
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	0.33	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.56	-0.25

Correlation

The correlation between CWT and MO is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CWT vs. MO - Dividend Comparison

CWT's dividend yield for the trailing twelve months is around 2.71%, less than MO's 6.41% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CWT California Water Service Group	2.71%	2.86%	2.47%	2.01%	1.65%	1.28%	1.57%	1.53%	1.57%	1.59%	2.04%	2.88%
MO Altria Group, Inc.	6.41%	7.21%	7.65%	9.52%	8.05%	7.43%	8.29%	6.57%	6.07%	3.56%	3.48%	3.73%

Drawdowns

CWT vs. MO - Drawdown Comparison

The maximum CWT drawdown since its inception was -38.21%, smaller than the maximum MO drawdown of -81.02%. Use the drawdown chart below to compare losses from any high point for CWT and MO.

Drawdown Indicators

	CWT	MO	Difference
Max Drawdown Largest peak-to-trough decline	-38.21%	-81.02%	+42.81%
Max Drawdown (1Y) Largest decline over 1 year	-16.03%	-16.40%	+0.37%
Max Drawdown (5Y) Largest decline over 5 years	-38.21%	-25.83%	-12.38%
Max Drawdown (10Y) Largest decline over 10 years	-38.21%	-53.69%	+15.48%
Current Drawdown Current decline from peak	-30.50%	-4.48%	-26.02%
Average Drawdown Average peak-to-trough decline	-11.60%	-17.45%	+5.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.57%	6.36%	+3.21%

Volatility

CWT vs. MO - Volatility Comparison

California Water Service Group (CWT) has a higher volatility of 7.67% compared to Altria Group, Inc. (MO) at 5.99%. This indicates that CWT's price experiences larger fluctuations and is considered to be riskier than MO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CWT	MO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.67%	5.99%	+1.68%
Volatility (6M) Calculated over the trailing 6-month period	17.80%	16.65%	+1.15%
Volatility (1Y) Calculated over the trailing 1-year period	23.04%	21.12%	+1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.85%	20.46%	+3.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.55%	22.72%	+4.83%

Financials

CWT vs. MO - Profitability Comparison

The chart below illustrates the profitability comparison between California Water Service Group and Altria Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CWT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, California Water Service Group reported a gross profit of 0.00 and revenue of 219.98M. Therefore, the gross margin over that period was 0.0%.

MO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Altria Group, Inc. reported a gross profit of 3.63B and revenue of 5.85B. Therefore, the gross margin over that period was 62.1%.

CWT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, California Water Service Group reported an operating income of 25.60M and revenue of 219.98M, resulting in an operating margin of 11.6%.

MO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Altria Group, Inc. reported an operating income of 1.65B and revenue of 5.85B, resulting in an operating margin of 28.2%.

CWT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, California Water Service Group reported a net income of 11.48M and revenue of 219.98M, resulting in a net margin of 5.2%.

MO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Altria Group, Inc. reported a net income of 1.12B and revenue of 5.85B, resulting in a net margin of 19.1%.