SJW Group

SJW Group ("SJW") is a water utility processing, distribution, wholesale and retail company based in San Jose, California. It serves 228,000 connections that serves over 1 million residents in regions of California, and approximately 17,000 connections, which serves about 60,000 people in Texas.^[2][3] The enterprise value (as of December 2021^[update]) is $3.76 billion.^[4]

SJW Group

Company type	Public
Traded as	Nasdaq: SJW S&P 600 Component Russell 2000 Component
Industry	water utilities
Founded	1866; 159 years ago (1866)
Headquarters	San Jose, California, U.S.
Area served	North America
Revenue	$573.7 million[1] (2021)
Net income	$60.5 million (2021)
Number of employees	~385
Website	www.sjwgroup.com

Operations

The company has four subsidiaries, comprising San Jose Water Company, SJWTX, Inc., SJW Land Company as well as Texas Water Alliance Limited (TWA).^[3] TWA is engaged in operating the essential water supply activities in Texas.^[5] The company's diverse utility property include land held in fee, impounding reservoirs, diversion facilities, wells, distribution storage, and all water facilities, equipment, office buildings, etc.^[6] In 2012, the revenue generated by purchased water made up about 40% to 45% of the company’s annual revenue.^[5]

The company attended the industry’s conference, Water Utility Conference of 2013, as one of the largest water utility companies in the U.S.^[7]

In October 2018, it was announced that SJW was acquiring Connecticut Water Service, Inc., a water utility company serving communities in Connecticut and Maine, pending federal approval. The acquisition was completed in October 2019.^[8][9][10]