WTRG · Essential Utilities, Inc. - 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 | $5.12B | $4.65B | $4.22B | $2.29B | $1.88B | $1.46B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $3.26B | $2.97B | $2.73B | $1.63B | $1.28B | $1.03B |
| D&A | $417.47M | $369.55M | $343.69M | $321.18M | $297.95M | $257.06M |
| Operating Income | $920.95M | $757.67M | $692.10M | $661.19M | $602.71M | $434.69M |
| Interest Expense | $329.08M | $302.47M | $283.36M | $238.12M | $207.71M | $188.44M |
| Income Tax | $3.44M | ($21.84M) | ($66.44M) | ($14.33M) | ($9.61M) | ($19.88M) |
| Net Income | $616.37M | $595.31M | $498.23M | $465.24M | $431.61M | $284.85M |
| EPS - Basic | $2.20 | $2.17 | $1.86 | $1.77 | $1.68 | $1.14 |
| EPS - Diluted | $2.20 | $2.17 | $1.86 | $1.77 | $1.67 | $1.12 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $34.78M | $9.16M | $4.61M | $11.40M | $10.57M | $4.83M |
| Accounts Receivable | $217.19M | $166.52M | $144.30M | $206.32M | $141.03M | $154.78M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $276.08M | $258.62M | $221.19M | $238.84M | $192.93M | $177.49M |
| Current Assets | $610.40M | $485.91M | $491.98M | $658.16M | $437.80M | $380.22M |
| Total Assets | $19.46B | $18.03B | $16.84B | $15.72B | $14.66B | $13.71B |
| Current Liabilities | $764.48M | $974.67M | $797.93M | $1.02B | $675.06M | $603.87M |
| Long-term Debt | $8.11B | $7.37B | $6.83B | $6.37B | $5.78B | $5.51B |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $6.86B | $6.20B | $5.90B | $5.38B | $5.18B | $4.68B |
| Retained Earnings | $2.28B | $1.95B | $1.71B | $1.53B | $1.43B | $1.26B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.01B | $770.34M | $933.59M | $600.31M | $644.68M | $508.02M |
| Investing Cash Flow | ($1.51B) | ($1.16B) | ($1.22B) | ($1.18B) | ($1.06B) | ($4.33B) |
| Financing Cash Flow | $525.91M | $397.48M | $281.36M | $578.83M | $417.12M | $1.96B |
| CapEx | $3.13B | $2.86B | $2.58B | - | - | - |
| Free Cash Flow | ($2.12B) | ($2.09B) | ($1.64B) | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 18.0% | 16.3% | 16.4% | 28.9% | 32.1% | 29.7% |
| EBITDA margin | 26.1% | 24.2% | 24.6% | 42.9% | 48.0% | 47.3% |
| Net margin | 12.0% | 12.8% | 11.8% | 20.3% | 23.0% | 19.5% |
| Free cash flow margin | -41.3% | -44.8% | -38.9% | - | - | - |
| FCF / Net income | -3.43 | -3.50 | -3.29 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 0.6% | -3.8% | -15.4% | -3.2% | -2.3% | -7.5% |
| Return on assets | 3.2% | 3.3% | 3.0% | 3.0% | 2.9% | 2.1% |
| Return on equity | 9.0% | 9.6% | 8.4% | 8.7% | 8.3% | 6.1% |
| Return on invested capital | 6.1% | 5.6% | 5.4% | 5.6% | 5.5% | 4.3% |
| Liquidity | ||||||
| Current ratio | 0.80 | 0.50 | 0.62 | 0.64 | 0.65 | 0.63 |
| Quick ratio | 0.80 | 0.50 | 0.62 | 0.64 | 0.65 | 0.63 |
| Cash ratio | 0.05 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 |
| Leverage | ||||||
| Debt / Equity | 1.18 | 1.19 | 1.16 | 1.18 | 1.11 | 1.18 |
| Debt / Assets | 0.42 | 0.41 | 0.41 | 0.41 | 0.39 | 0.40 |
| Debt / EBITDA | 6.06 | 6.54 | 6.59 | 6.49 | 6.42 | 7.96 |
| Interest coverage | 2.8x | 2.5x | 2.4x | 2.8x | 2.9x | 2.3x |
| Equity multiplier | 2.84 | 2.91 | 2.86 | 2.92 | 2.83 | 2.93 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.26 | 0.26 | 0.25 | 0.15 | 0.13 | 0.11 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 15d | 13d | 12d | 33d | 27d | 39d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 17.4x | 16.7x | 20.1x | 27.0x | 32.1x | 42.2x |
| P / B | 1.6x | 1.6x | 1.7x | 2.3x | 2.7x | 2.6x |
| P / S | 2.1x | 2.1x | 2.4x | 5.5x | 7.4x | 8.2x |
| EV / EBITDA | 14.1x | 15.4x | 16.2x | 19.2x | 21.8x | 25.4x |
| Growth | ||||||
| Revenue growth (YoY) | 10.1% | 10.3% | 84.3% | 21.8% | 28.4% | 64.4% |
| Revenue CAGR (3y) | 30.8% | 35.3% | 42.3% | 37.0% | 30.9% | 21.8% |
| Revenue CAGR (5y) | 28.5% | 39.2% | 38.1% | 23.1% | 18.0% | 12.4% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 21.6% | 9.5% | 4.7% | 9.7% | 38.7% | 27.8% |
| Net income growth (YoY) | 3.5% | 19.5% | 7.1% | 7.8% | 51.5% | 26.9% |
| EPS growth (YoY) | 1.4% | 16.7% | 5.1% | 6.0% | 49.1% | 7.7% |
| EPS CAGR (3y) | 7.5% | 9.1% | 18.4% | 19.4% | 15.6% | -6.0% |
| EPS CAGR (5y) | 14.5% | 15.8% | 11.5% | 5.6% | 4.8% | -0.4% |
| FCF growth (YoY) | -1.4% | -27.1% | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 10.6% | 5.1% | 9.6% | 3.7% | 10.7% | 20.7% |
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: Water Supply
Comparing Essential Utilities against the 5 most active filers in the same SIC group.
Dividends
$1.37/share trailing 12 months · +5.2% YoY
| Ex-date | Per share |
|---|---|
| May 12, 2026 | $0.3430 |
| Feb 9, 2026 | $0.3430 |
| Nov 12, 2025 | $0.3430 |
| Aug 12, 2025 | $0.3430 |
| May 13, 2025 | $0.3260 |
| Feb 10, 2025 | $0.3260 |
| Nov 12, 2024 | $0.3260 |
| Aug 12, 2024 | $0.3260 |
| May 9, 2024 | $0.3070 |
| Feb 8, 2024 | $0.3070 |
| Nov 9, 2023 | $0.3070 |
| Aug 10, 2023 | $0.3070 |
| May 11, 2023 | $0.2870 |
| Feb 9, 2023 | $0.2870 |
| Nov 9, 2022 | $0.2870 |
| Aug 11, 2022 | $0.2870 |
| May 12, 2022 | $0.2680 |
| Feb 10, 2022 | $0.2680 |
| Nov 10, 2021 | $0.2680 |
| Aug 12, 2021 | $0.2680 |
| May 13, 2021 | $0.2510 |
| Feb 11, 2021 | $0.2510 |
| Nov 12, 2020 | $0.2510 |
| Aug 13, 2020 | $0.2510 |