CWT vs. NEE
Compare and contrast key facts about California Water Service Group (CWT) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CWT or NEE.
Correlation
The correlation between CWT and NEE is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CWT vs. NEE - Performance Comparison
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Key characteristics
CWT:
-0.30
NEE:
0.03
CWT:
-0.33
NEE:
0.20
CWT:
0.96
NEE:
1.03
CWT:
-0.20
NEE:
0.01
CWT:
-0.69
NEE:
0.01
CWT:
11.26%
NEE:
12.42%
CWT:
23.46%
NEE:
28.60%
CWT:
-38.24%
NEE:
-47.81%
CWT:
-28.31%
NEE:
-13.16%
Fundamentals
CWT:
$2.87B
NEE:
$152.05B
CWT:
$2.26
NEE:
$2.67
CWT:
21.31
NEE:
27.66
CWT:
2.70
NEE:
2.84
CWT:
2.96
NEE:
6.02
CWT:
1.74
NEE:
3.10
CWT:
$970.03M
NEE:
$25.27B
CWT:
$532.30M
NEE:
$17.71B
CWT:
$351.41M
NEE:
$10.19B
Returns By Period
In the year-to-date period, CWT achieves a 7.24% return, which is significantly higher than NEE's 4.65% return. Over the past 10 years, CWT has underperformed NEE with an annualized return of 9.30%, while NEE has yielded a comparatively higher 14.17% annualized return.
CWT
7.24%
-5.13%
-5.57%
-6.87%
-1.78%
3.20%
9.30%
NEE
4.65%
12.22%
-2.02%
0.84%
4.22%
7.97%
14.17%
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Risk-Adjusted Performance
CWT vs. NEE — Risk-Adjusted Performance Rank
CWT
NEE
CWT vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for California Water Service Group (CWT) and NextEra Energy, Inc. (NEE). 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.
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Dividends
CWT vs. NEE - Dividend Comparison
CWT's dividend yield for the trailing twelve months is around 2.42%, less than NEE's 2.84% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWT California Water Service Group | 2.42% | 2.43% | 2.01% | 1.65% | 1.28% | 1.57% | 1.53% | 1.57% | 1.59% | 2.04% | 2.88% | 2.64% |
NEE NextEra Energy, Inc. | 2.84% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
Drawdowns
CWT vs. NEE - Drawdown Comparison
The maximum CWT drawdown since its inception was -38.24%, smaller than the maximum NEE drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for CWT and NEE. For additional features, visit the drawdowns tool.
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Volatility
CWT vs. NEE - Volatility Comparison
California Water Service Group (CWT) has a higher volatility of 8.42% compared to NextEra Energy, Inc. (NEE) at 7.23%. This indicates that CWT's price experiences larger fluctuations and is considered to be riskier than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
CWT vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between California Water Service Group and NextEra Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CWT vs. NEE - Profitability Comparison
CWT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, California Water Service Group reported a gross profit of 136.58M and revenue of 203.97M. Therefore, the gross margin over that period was 67.0%.
NEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported a gross profit of 6.25B and revenue of 6.25B. Therefore, the gross margin over that period was 100.0%.
CWT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, California Water Service Group reported an operating income of 22.35M and revenue of 203.97M, resulting in an operating margin of 11.0%.
NEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported an operating income of 2.26B and revenue of 6.25B, resulting in an operating margin of 36.1%.
CWT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, California Water Service Group reported a net income of 13.33M and revenue of 203.97M, resulting in a net margin of 6.5%.
NEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported a net income of 833.00M and revenue of 6.25B, resulting in a net margin of 13.3%.