InsiderClue
Stocks · Utilities · Water Supply

Essential Utilities, Inc.

WTRG Clue Score46
United States Fiscal year ends December CIK 0000078128
$38.98 +0.67% Close, 9 Oct 2026
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Price $38.98 −15.74% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue0.82Operating income0.33Net income0.23EPS, diluted1.32Fiscal year 2017Revenue0.81 −1.3%Operating income0.33Net income0.24 +2.4%EPS, diluted1.35 +2.3%Fiscal year 2018Revenue0.84 +3.5%Operating income0.32Net income0.19 −19.9%EPS, diluted1.08 −20.0%Fiscal year 2019Revenue0.89 +6.2%Operating income0.34Net income0.22 +17.0%EPS, diluted1.04 −3.7%Fiscal year 2020Revenue1.46 +64.4%Operating income0.43Net income0.28 +26.9%EPS, diluted1.12 +7.7%Fiscal year 2021Revenue1.88 +28.4%Operating income0.60Net income0.43 +51.5%EPS, diluted1.67 +49.1%Fiscal year 2022Revenue2.29 +21.8%Operating income0.66Net income0.47 +7.8%EPS, diluted1.77 +6.0%Fiscal year 2023Operating income0.69Net income0.50 +7.1%EPS, diluted1.86 +5.1%Fiscal year 2024Operating income0.76Net income0.60 +19.5%EPS, diluted2.17 +16.7%Fiscal year 2025Operating income0.92Net income0.62 +3.5%EPS, diluted2.20 +1.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 0.82 0.81 0.84 0.89 1.46 1.88 2.29 n/a n/a n/a
Growth −1.3% +3.5% +6.2% +64.4% +28.4% +21.8%
Operating income 0.33 0.33 0.32 0.34 0.43 0.60 0.66 0.69 0.76 0.92
Net income 0.23 0.24 0.19 0.22 0.28 0.43 0.47 0.50 0.60 0.62
Growth +2.4% −19.9% +17.0% +26.9% +51.5% +7.8% +7.1% +19.5% +3.5%
EPS, diluted 1.32 1.35 1.08 1.04 1.12 1.67 1.77 1.86 2.17 2.20
Growth +2.3% −20.0% −3.7% +7.7% +49.1% +6.0% +5.1% +16.7% +1.4%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin40.7%Net margin28.6%Free cash flow margin1.6%Fiscal year 2017Operating margin41.2%Net margin29.6%Free cash flow margin−12.0%Fiscal year 2018Operating margin38.6%Net margin22.9%Free cash flow margin−15.2%Fiscal year 2019Operating margin38.2%Net margin25.2%Fiscal year 2020Operating margin29.7%Net margin19.5%Fiscal year 2021Operating margin32.1%Net margin23.0%Fiscal year 2022Operating margin28.9%Net margin20.3%Fiscal year 2023Fiscal year 2024Fiscal year 2025
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 40.7% 41.2% 38.6% 38.2% 29.7% 32.1% 28.9% n/a n/a n/a
Net margin 28.6% 29.6% 22.9% 25.2% 19.5% 23.0% 20.3% n/a n/a n/a
Free cash flow margin 1.6% −12.0% −15.2% n/a n/a n/a n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.40Capital expenditure−0.38Free cash flow0.01Buybacks−0.00Dividends paid−0.13Fiscal year 2017Operating cash flow0.38Capital expenditure−0.48Free cash flow−0.10 −835.0%Buybacks−0.00Dividends paid−0.14Fiscal year 2018Operating cash flow0.37Capital expenditure−0.50Free cash flow−0.13Buybacks−0.00Dividends paid−0.15Fiscal year 2019Operating cash flow0.34Buybacks−0.00Dividends paid−0.19Fiscal year 2020Operating cash flow0.51Buybacks−0.00Dividends paid−0.23Fiscal year 2021Operating cash flow0.64Buybacks−0.00Dividends paid−0.26Fiscal year 2022Operating cash flow0.60Buybacks−0.00Dividends paid−0.29Fiscal year 2023Operating cash flow0.93Buybacks−0.00Dividends paid−0.32Fiscal year 2024Operating cash flow0.77Buybacks−0.00Dividends paid−0.35Fiscal year 2025Operating cash flow1.01Buybacks−0.00Dividends paid−0.37
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.40 0.38 0.37 0.34 0.51 0.64 0.60 0.93 0.77 1.01
Capital expenditure −0.38 −0.48 −0.50 n/a n/a n/a n/a n/a n/a n/a
Free cash flow 0.01 −0.10 −0.13 n/a n/a n/a n/a n/a n/a n/a
Growth −835.0%
Buybacks −0.00 −0.00 −0.00 −0.00 −0.00 −0.00 −0.00 −0.00 −0.00 −0.00
Dividends paid −0.13 −0.14 −0.15 −0.19 −0.23 −0.26 −0.29 −0.32 −0.35 −0.37

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.00Total debt1.89Net cash (debt)−1.88Shareholders’ equity1.85Debt to equity1.02Fiscal year 2017Cash0.00Total debt2.12Net cash (debt)−2.12Shareholders’ equity1.96Debt to equity1.08Fiscal year 2018Cash0.00Total debt2.54Net cash (debt)−2.54Shareholders’ equity2.01Debt to equity1.27Fiscal year 2019Cash1.87Total debt3.05Net cash (debt)−1.18Shareholders’ equity3.88Debt to equity0.79Fiscal year 2020Cash0.00Total debt5.59Net cash (debt)−5.59Shareholders’ equity4.68Debt to equity1.19Fiscal year 2021Cash0.01Total debt5.91Net cash (debt)−5.90Shareholders’ equity5.18Debt to equity1.14Fiscal year 2022Cash0.01Total debt6.57Net cash (debt)−6.56Shareholders’ equity5.38Debt to equity1.22Fiscal year 2023Cash0.00Total debt6.89Net cash (debt)−6.89Shareholders’ equity5.90Debt to equity1.17Fiscal year 2024Cash0.01Total debt7.51Net cash (debt)−7.50Shareholders’ equity6.20Debt to equity1.21Fiscal year 2025Cash0.03Total debt8.13Net cash (debt)−8.10Shareholders’ equity6.86Debt to equity1.19
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.00 0.00 0.00 1.87 0.00 0.01 0.01 0.00 0.01 0.03
Total debt 1.89 2.12 2.54 3.05 5.59 5.91 6.57 6.89 7.51 8.13
Net cash (debt) −1.88 −2.12 −2.54 −1.18 −5.59 −5.90 −6.56 −6.89 −7.50 −8.10
Shareholders’ equity 1.85 1.96 2.01 3.88 4.68 5.18 5.38 5.90 6.20 6.86
Debt to equity 1.02 1.08 1.27 0.79 1.19 1.14 1.22 1.17 1.21 1.19

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
40.7% 41.2% 38.6% 38.2% 29.7% 32.1% 28.9% n/a n/a n/a
31.1% 31.7% 21.3% 23.8% 18.1% 22.5% 19.7% n/a n/a n/a
28.6% 29.6% 22.9% 25.2% 19.5% 23.0% 20.3% n/a n/a n/a
1.6% −12.0% −15.2% n/a n/a n/a n/a n/a n/a n/a
Spending
46.7% 59.1% 59.2% n/a n/a n/a n/a n/a n/a n/a
8.2% 6.6% −7.7% −6.2% −7.5% −2.3% −3.2% −15.4% −3.8% 0.6%
Returns
12.7% 12.2% 9.6% 5.8% 6.1% 8.3% 8.7% 8.4% 9.6% 9.0%
3.8% 3.8% 2.8% 2.4% 2.1% 2.9% 3.0% 3.0% 3.3% 3.2%
Balance and payout
1.02 1.08 1.27 0.79 1.19 1.14 1.22 1.17 1.21 1.19
55.9% 58.7% 78.5% 84.0% 81.6% 59.9% 62.0% 63.6% 58.2% 60.6%
1,017.3% n/a n/a n/a n/a n/a n/a n/a n/a n/a