Essential Utilities, Inc. WTRG
Last close
41.70
2026-09-04
Market cap
$11.83B
2026-06-30 share count
52-week range
36.10 - 42.37
Valuation FY2025 figures against the last close
P/S2.3x
P/E7.3x
P/FCF—
EV/EBITDA7.2x
Dividend yield5.3%
Diluted EPS5.69
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.12B | $4.65B | $4.22B | $2.29B | $1.88B | $1.46B | $889.7M | $838.1M | $809.5M | $819.9M |
| Total operating expenses | $3.26B | $2.97B | $2.73B | $1.63B | $1.28B | $1.03B | $549.5M | $514.9M | $475.6M | $486.6M |
| Operating income | $1.88B | $1.72B | $1.50B | $661.2M | $602.7M | $434.7M | $340.2M | $323.2M | $333.9M | $333.3M |
| Interest expense | $615.0M | $523.0M | $460.0M | $238.1M | $207.7M | $188.4M | $125.4M | $99.1M | $88.5M | $80.6M |
| Pre-tax income | $1.42B | $1.36B | $1.20B | $450.9M | $422.0M | $265.0M | $211.5M | $178.3M | $256.7M | $255.2M |
| Income tax | $311.0M | $308.0M | $252.0M | $14.3M | $9.6M | $19.9M | $13.0M | $13.7M | $16.9M | $21.0M |
| Net income | $1.11B | $1.05B | $944.0M | $465.2M | $431.6M | $284.8M | $224.5M | $192.0M | $239.7M | $234.2M |
| EPS, basic | 5.69 | 5.39 | 4.90 | 1.77 | 1.68 | 1.14 | 1.04 | 1.08 | 1.35 | 1.32 |
| EPS, diluted | 5.69 | 5.39 | 4.90 | 1.77 | 1.67 | 1.12 | 1.04 | 1.08 | 1.35 | 1.32 |
| Shares, diluted (wtd. avg.) | $195.0M | $195.0M | $193.0M | $262.9M | $258.2M | $254.6M | $215.9M | $178.4M | $178.2M | $177.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $34.8M | $9.2M | $4.6M | $11.4M | $10.6M | $4.8M | $1.87B | $3.6M | $4.2M | $3.8M |
| Receivables | $217.2M | $166.5M | $144.3M | $206.3M | $141.0M | $154.8M | $67.1M | $65.8M | $98.6M | $97.4M |
| Inventory | — | — | — | — | — | — | $18.4M | $15.8M | $14.4M | $13.0M |
| Total current assets | $610.4M | $485.9M | $492.0M | $658.2M | $437.8M | $380.2M | $2.02B | $147.2M | $131.2M | $128.7M |
| Property, plant and equipment | $14.26B | $13.14B | $12.10B | $11.13B | $10.25B | $9.51B | $6.35B | $5.93B | $5.40B | $5.00B |
| Goodwill | $2.35B | $2.34B | $2.34B | $2.34B | $2.34B | $2.32B | $63.8M | $52.7M | $42.2M | $42.2M |
| Other intangibles | $3.0M | $3.3M | $3.6M | $4.6M | $5.8M | $7.2M | — | — | — | — |
| Total assets | $19.46B | $18.03B | $16.84B | $15.72B | $14.66B | $13.71B | $9.36B | $6.96B | $6.33B | $6.16B |
| Accounts payable | $276.1M | $258.6M | $221.2M | $238.8M | $192.9M | $177.5M | $74.9M | $77.3M | $59.2M | $47.3M |
| Short-term debt | $21.8M | $142.8M | $67.4M | $199.4M | $132.1M | $84.4M | $105.1M | $144.5M | $113.8M | $150.7M |
| Total current liabilities | $764.5M | $974.7M | $797.9M | $1.02B | $675.1M | $603.9M | $323.5M | $399.0M | $284.5M | $301.5M |
| Long-term debt | $8.11B | $7.37B | $6.83B | $6.37B | $5.78B | $5.51B | $2.94B | $2.40B | $2.01B | $1.74B |
| Retained earnings | $2.28B | $1.95B | $1.71B | $1.53B | $1.43B | $1.26B | $1.21B | $1.17B | $1.13B | $1.03B |
| Total equity | $6.86B | $6.20B | $5.90B | $5.38B | $5.18B | $4.68B | $3.88B | $2.01B | $1.96B | $1.85B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.06B | $2.04B | $1.87B | $600.3M | $644.7M | $508.0M | $338.5M | $368.5M | $381.3M | $396.2M |
| Depreciation and amortisation | $894.0M | $788.0M | $704.0M | $321.2M | $298.0M | $257.1M | $156.5M | $146.7M | $136.7M | $133.0M |
| Stock-based compensation | $12.9M | $9.8M | $11.3M | $12.2M | $10.1M | $8.2M | $7.4M | $7.6M | $6.3M | $5.4M |
| Capital expenditure | $3.13B | $2.86B | $2.58B | — | — | — | — | $495.7M | $478.1M | $383.0M |
| Investing cash flow | -$3.31B | -$3.38B | -$2.81B | -$1.18B | -$1.06B | -$4.33B | -$604.6M | -$639.8M | -$480.4M | -$383.2M |
| Financing cash flow | $1.25B | $1.11B | $1.19B | $578.8M | $417.1M | $1.96B | $2.13B | $270.7M | $99.5M | -$12.4M |
| Dividends paid | $633.0M | $585.0M | $532.0M | $288.6M | $258.6M | $232.6M | $188.5M | $150.7M | $140.7M | $130.9M |
| Buybacks | $2.3M | $4.0M | $4.0M | $1.2M | $3.3M | $4.4M | $1.9M | $2.6M | $2.2M | $3.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-124163.
Others in SIC 4941
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| AWK | American Water Works Company, Inc. | $27.96B | 24.7x | 10.1% |
| AWR | AMERICAN STATES WATER CO | $3.51B | 26.3x | 8.2% |
| CWT | CALIFORNIA WATER SERVICE GROUP | $3.09B | 23.3x | 6.4% |
| HTO | H2O AMERICA | $2.69B | 22.0x | 9.4% |
| MSEX | MIDDLESEX WATER CO | $1.10B | 24.7x | 1.5% |
| YORW | YORK WATER CO | $552.6M | 24.5x | 3.4% |
| CWCO | Consolidated Water Co. Ltd. | $468.9M | 25.7x | 11.0% |
| ARTNA | ARTESIAN RESOURCES CORP | $373.7M | 16.4x | 4.6% |