CPK · Chesapeake Utilities Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $930.00M | $787.20M | $670.60M | $680.70M | $569.97M | $488.20M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $674.10M | $559.00M | $519.80M | $537.77M | $438.86M | $375.48M |
| D&A | $91.70M | $65.70M | $65.50M | $68.97M | $62.66M | $58.12M |
| Operating Income | $255.90M | $228.20M | $150.80M | $142.93M | $131.11M | $112.72M |
| Interest Expense | $72.50M | $68.40M | $36.95M | $24.36M | $20.14M | $21.77M |
| Income Tax | $52.70M | $43.20M | $28.08M | $33.83M | $29.23M | $23.54M |
| Net Income | $140.30M | $118.60M | $87.21M | $89.80M | $83.47M | $71.50M |
| EPS - Basic | $6.00 | $5.28 | $4.75 | $5.07 | $4.75 | $4.28 |
| EPS - Diluted | $5.97 | $5.26 | $4.73 | $5.04 | $4.73 | $4.26 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.80M | $7.90M | $4.90M | $6.20M | $4.98M | $3.50M |
| Accounts Receivable | $101.50M | $76.70M | $71.79M | $62.88M | $58.48M | $56.89M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $115.20M | $78.30M | $77.48M | $61.50M | $52.63M | $60.25M |
| Current Assets | $237.00M | $204.30M | $185.70M | $193.98M | $173.13M | $136.43M |
| Total Assets | $3.99B | $3.58B | $3.30B | $2.22B | $2.11B | $1.93B |
| Current Liabilities | $529.90M | $419.40M | $386.38M | $369.02M | $376.43M | $329.03M |
| Long-term Debt | $1.33B | $1.26B | $1.19B | $578.39M | $549.90M | $508.50M |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $1.60B | $1.39B | $1.25B | $832.80M | $774.13M | $697.09M |
| Retained Earnings | $626.80M | $550.30M | $488.66M | $445.51M | $393.07M | $342.97M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $233.70M | $239.40M | $203.48M | $158.88M | $150.50M | $158.92M |
| Investing Cash Flow | ($435.70M) | ($349.90M) | ($1.11B) | ($136.45M) | ($223.02M) | ($181.63M) |
| Financing Cash Flow | $195.90M | $113.50M | $906.61M | ($21.21M) | $74.00M | $19.23M |
| CapEx | $448.60M | $355.30M | $188.62M | $128.28M | $186.92M | $165.51M |
| Free Cash Flow | ($214.90M) | ($115.90M) | $14.86M | $30.61M | ($36.42M) | ($6.59M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 27.5% | 29.0% | 22.5% | 21.0% | 23.0% | 23.1% |
| EBITDA margin | 37.4% | 37.3% | 32.3% | 31.1% | 34.0% | 35.0% |
| Net margin | 15.1% | 15.1% | 13.0% | 13.2% | 14.6% | 14.6% |
| Free cash flow margin | -23.1% | -14.7% | 2.2% | 4.5% | -6.4% | -1.4% |
| FCF / Net income | -1.53 | -0.98 | 0.17 | 0.34 | -0.44 | -0.09 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 27.3% | 26.7% | 24.4% | 27.4% | 25.9% | 24.8% |
| Return on assets | 3.5% | 3.3% | 2.6% | 4.1% | 3.9% | 3.7% |
| Return on equity | 8.8% | 8.5% | 7.0% | 10.8% | 10.8% | 10.3% |
| Return on invested capital | 6.4% | 6.3% | 4.7% | 7.4% | 7.3% | 7.0% |
| Liquidity | ||||||
| Current ratio | 0.45 | 0.49 | 0.48 | 0.53 | 0.46 | 0.41 |
| Quick ratio | 0.45 | 0.49 | 0.48 | 0.53 | 0.46 | 0.41 |
| Cash ratio | 0.00 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 |
| Leverage | ||||||
| Debt / Equity | 0.83 | 0.91 | 0.95 | 0.69 | 0.71 | 0.73 |
| Debt / Assets | 0.33 | 0.35 | 0.36 | 0.26 | 0.26 | 0.26 |
| Debt / EBITDA | 3.82 | 4.29 | 5.49 | 2.73 | 2.84 | 2.98 |
| Interest coverage | 3.5x | 3.3x | 4.1x | 5.9x | 6.5x | 5.2x |
| Equity multiplier | 2.50 | 2.57 | 2.65 | 2.66 | 2.73 | 2.77 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.23 | 0.22 | 0.20 | 0.31 | 0.27 | 0.25 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 40d | 36d | 39d | 34d | 37d | 43d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 20.9x | 23.1x | 22.3x | 23.4x | 30.8x | 25.4x |
| P / B | 1.8x | 2.0x | 1.6x | 2.5x | 3.3x | 2.6x |
| P / S | 3.2x | 3.5x | 2.9x | 3.1x | 4.5x | 3.7x |
| EV / EBITDA | 12.2x | 13.6x | 14.5x | 12.6x | 16.1x | 13.6x |
| Growth | ||||||
| Revenue growth (YoY) | 18.1% | 17.4% | -1.5% | 19.4% | 16.7% | 1.8% |
| Revenue CAGR (3y) | 11.0% | 11.4% | 11.2% | 12.4% | -7.4% | -7.5% |
| Revenue CAGR (5y) | 13.8% | 10.4% | -1.3% | 2.0% | 2.7% | 1.2% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 12.1% | 51.3% | 5.5% | 9.0% | 16.3% | 6.1% |
| Net income growth (YoY) | 18.3% | 36.0% | -2.9% | 7.6% | 16.7% | 9.7% |
| EPS growth (YoY) | 13.5% | 11.2% | -6.2% | 6.6% | 11.0% | 7.6% |
| EPS CAGR (3y) | 5.8% | 3.6% | 3.6% | 8.4% | 11.1% | 6.3% |
| EPS CAGR (5y) | 7.0% | 5.8% | 6.5% | 7.3% | 10.6% | 9.4% |
| FCF growth (YoY) | -85.4% | - | -51.4% | - | -452.2% | 91.9% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 15.0% | 11.6% | 49.6% | 7.6% | 11.1% | 24.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$171.00M totalRegulated Energy$170.40M · 99.6%
Unregulated Energy$400.0K · 0.2%
All Other Segments$200.0K · 0.1%
Product / service
$284.80M totalPropane Delivery$171.60M · 60.3%
Energy Distribution$103.50M · 36.3%
Energy Transmission$50.40M · 17.7%
Energy Services$28.20M · 9.9%
Energy Generation$18.10M · 6.4%
Other$200.0K · 0.1%
Eliminations($87.20M) · -30.6%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Natural Gas Transmisison & Distribution
Comparing CHESAPEAKE UTILITIES CORP against the 5 most active filers in the same SIC group.
Dividends
$2.74/share trailing 12 months · +7.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 16, 2026 | $0.6850 |
| Dec 15, 2025 | $0.6850 |
| Sep 15, 2025 | $0.6850 |
| Jun 16, 2025 | $0.6850 |
| Mar 14, 2025 | $0.6400 |
| Dec 16, 2024 | $0.6400 |
| Sep 16, 2024 | $0.6400 |
| Jun 14, 2024 | $0.6400 |
| Mar 14, 2024 | $0.5900 |
| Dec 14, 2023 | $0.5900 |
| Sep 14, 2023 | $0.5900 |
| Jun 14, 2023 | $0.5900 |
| Mar 14, 2023 | $0.5350 |
| Dec 14, 2022 | $0.5350 |
| Sep 14, 2022 | $0.5350 |
| Jun 14, 2022 | $0.5350 |
| Mar 14, 2022 | $0.4800 |
| Dec 14, 2021 | $0.4800 |
| Sep 14, 2021 | $0.4800 |
| Jun 14, 2021 | $0.4800 |
| Mar 12, 2021 | $0.4400 |
| Dec 14, 2020 | $0.4400 |
| Sep 14, 2020 | $0.4400 |
| Jun 12, 2020 | $0.4400 |