Essential Utilities (WTRG) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
2.1B
Gross Profit
1.2B
58.57%
Operating Income
757.7M
36.32%
Net Income
595.3M
28.54%
EPS (Diluted)
$2.17
Balance Sheet Metrics
Total Assets
18.0B
Total Liabilities
11.8B
Shareholders Equity
6.2B
Debt to Equity
1.91
Cash Flow Metrics
Operating Cash Flow
813.7M
Free Cash Flow
-559.4M
Revenue & Profitability Trend
Essential Utilities Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.1B | 2.1B | 2.3B | 1.9B | 1.5B |
| Cost of Goods Sold | 864.3M | 927.8M | 1.2B | 890.8M | 694.4M |
| Gross Profit | 1.2B | 1.1B | 1.1B | 987.3M | 768.3M |
| Operating Expenses | 0 | 0 | 0 | -20.8M | -12.7M |
| Operating Income | 757.7M | 692.1M | 661.2M | 602.7M | 434.7M |
| Pre-tax Income | 573.5M | 431.8M | 450.9M | 422.0M | 265.0M |
| Income Tax | -21.8M | -66.4M | -14.3M | -9.6M | -19.9M |
| Net Income | 595.3M | 498.2M | 465.2M | 431.6M | 284.8M |
| EPS (Diluted) | $2.17 | $1.86 | $1.77 | $1.67 | $1.12 |
Income Statement Trend
Essential Utilities Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 485.9M | 492.0M | 658.2M | 437.8M | 380.2M |
| Non-Current Assets | 17.5B | 16.3B | 15.1B | 14.2B | 13.3B |
| Total Assets | 18.0B | 16.8B | 15.7B | 14.7B | 13.7B |
| Liabilities | |||||
| Current Liabilities | 974.7M | 797.9M | 1.0B | 675.1M | 603.9M |
| Non-Current Liabilities | 10.9B | 10.1B | 9.3B | 8.8B | 8.4B |
| Total Liabilities | 11.8B | 10.9B | 10.3B | 9.5B | 9.0B |
| Equity | |||||
| Total Shareholders Equity | 6.2B | 5.9B | 5.4B | 5.2B | 4.7B |
Balance Sheet Composition
Essential Utilities Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 595.3M | 498.2M | 465.2M | 431.6M | 284.8M |
| Operating Cash Flow | 813.7M | 925.0M | 519.9M | 613.7M | 478.2M |
| Investing Activities | |||||
| Capital Expenditures | -1.3B | -1.2B | -1.1B | -1.0B | -835.6M |
| Investing Cash Flow | -1.2B | -1.2B | -1.2B | -1.1B | -4.3B |
| Financing Activities | |||||
| Dividends Paid | -346.4M | -316.8M | -288.6M | -258.6M | -232.6M |
| Financing Cash Flow | 395.0M | 281.1M | 576.4M | 412.9M | 2.0B |
| Free Cash Flow | -559.4M | -265.5M | -462.5M | -375.8M | -327.6M |
Cash Flow Trend
Essential Utilities Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
16.98
Forward P/E
17.77
Price to Book
1.62
Price to Sales
4.70
PEG Ratio
17.77
Profitability Ratios
Profit Margin
27.17%
Operating Margin
42.50%
Return on Equity
9.78%
Return on Assets
3.04%
Financial Health
Current Ratio
0.65
Debt to Equity
120.58
Beta
0.80
Per Share Data
EPS (TTM)
$2.23
Book Value per Share
$23.35
Revenue per Share
$8.23
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| wtrg | 10.6B | 16.98 | 1.62 | 9.78% | 27.17% | 120.58 |
| American Water Works | 28.1B | 26.23 | 2.67 | 10.43% | 22.24% | 137.74 |
| American States | 3.1B | 24.64 | 3.22 | 14.00% | 20.22% | 99.07 |
| California Water | 2.8B | 20.55 | 1.70 | 8.61% | 13.84% | 89.57 |
| SJW | 1.9B | 18.29 | 1.34 | 7.49% | 12.89% | 133.31 |
| Aris Water Solutions | 1.4B | 29.02 | 1.93 | 8.03% | 6.15% | 65.98 |
Financial data is updated regularly. All figures are in the company's reporting currency.