Essential Utilities (WTRG)

NYSE Utilities Water Utilities S&P MidCap 400

$45.45

-0.60 (-1.30%)

Close of Nov 06, 2026 · end-of-day data

Source: Essential Utilities's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$819.88M	$809.52M	$838.09M	$889.69M	$1.46B	$1.88B	$2.29B	$4.22B	$4.65B	$5.12B
Operating income	$333.30M	$333.92M	$323.18M	$340.16M	$434.69M	$602.71M	$661.19M	$1.50B	$1.72B	$1.88B
Interest expense	$80.59M	$88.54M	$99.05M	$125.38M	$188.44M	$207.71M	$238.12M	$283.36M	$302.47M	$329.08M
Pre-tax income	$255.16M	$256.65M	$178.32M	$211.53M	$264.97M	$422.00M	$450.91M	$1.20B	$1.36B	$1.42B
Income tax	$20.98M	$16.91M	-$13.67M	-$13.02M	-$19.88M	-$9.61M	-$14.33M	$252.00M	$308.00M	$311.00M
Net income	$234.18M	$239.74M	$191.99M	$224.54M	$284.85M	$431.61M	$465.24M	$944.00M	$1.05B	$1.11B
EBITDA	$466.31M	$470.64M	$469.85M	$496.63M	$691.75M	$900.66M	$982.36M	$2.21B	$2.51B	$2.77B
EPS (basic)	$1.32	$1.35	$1.08	$1.04	$1.14	$1.68	$1.77	$4.90	$5.39	$5.69
EPS (diluted)	$1.32	$1.35	$1.08	$1.04	$1.12	$1.67	$1.77	$4.90	$5.39	$5.69
Diluted shares	177.85M	178.18M	178.40M	215.93M	254.63M	258.18M	262.87M	193.00M	195.00M	195.00M
Operating margin	40.7%	41.2%	38.6%	38.2%	29.7%	32.1%	28.9%	35.7%	36.9%	36.7%
Net margin	28.6%	29.6%	22.9%	25.2%	19.5%	23.0%	20.3%	22.4%	22.6%	21.7%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$3.76M	$4.20M	$3.63M	$1.87B	$4.83M	$10.57M	$11.40M	$4.61M	$96.00M	$34.78M
Receivables	$97.39M	$98.60M	$65.83M	$67.14M	$154.78M	$141.03M	$206.32M	$144.30M	$416.00M	$217.19M
Inventory	$12.96M	$14.36M	$15.84M	$18.38M	—	—	—	—	—	—
Total current assets	$128.65M	$131.25M	$147.17M	$2.02B	$380.22M	$437.80M	$658.16M	$491.98M	$1.22B	$610.40M
Goodwill	$42.21M	$42.23M	$52.73M	$63.82M	$2.32B	$2.34B	$2.34B	$1.14B	$1.14B	$2.35B
Total assets	$6.16B	$6.33B	$6.96B	$9.36B	$13.71B	$14.66B	$15.72B	$30.30B	$32.83B	$19.46B
Total current liabilities	$301.54M	$284.49M	$398.98M	$323.46M	$603.87M	$675.06M	$1.02B	$797.93M	$3.15B	$764.48M
Short-term debt	$150.67M	$113.77M	$144.54M	$105.05M	$84.35M	$132.15M	$199.36M	$67.42M	$142.81M	$21.82M
Long-term debt	$1.74B	$2.01B	$2.40B	$2.94B	$5.51B	$5.78B	$6.37B	$6.83B	$7.37B	$8.11B
Total debt	$1.89B	$2.12B	$2.54B	$3.05B	$5.59B	$5.91B	$6.57B	$6.89B	$7.51B	$8.13B
Total liabilities	$4.31B	$4.37B	$4.96B	$5.48B	$9.02B	$9.47B	$8.03B	$7.04B	$26.63B	$12.61B
Shareholders' equity	$1.85B	$1.96B	$2.01B	$3.88B	$4.68B	$5.18B	$7.69B	$9.80B	$6.20B	$6.86B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$396.16M	$381.32M	$368.52M	$338.52M	$508.02M	$644.68M	$600.31M	$1.87B	$2.04B	$2.06B
Capital expenditures	$383.00M	$478.09M	$495.74M	—	—	—	—	$2.58B	$2.86B	$3.13B
Free cash flow	$13.17M	-$96.77M	-$127.22M	$338.52M	$508.02M	$644.68M	$600.31M	-$701.00M	-$811.00M	-$1.07B
Investing cash flow	-$383.21M	-$480.38M	-$639.82M	-$604.60M	-$4.33B	-$1.06B	-$1.18B	-$2.81B	-$3.38B	-$3.31B
Financing cash flow	-$12.42M	$99.51M	$270.72M	$2.13B	$1.96B	$417.12M	$578.83M	$1.19B	$1.11B	$1.25B
Dividends paid	$130.92M	$140.66M	$150.74M	$188.51M	$232.57M	$258.65M	$288.63M	$532.00M	$585.00M	$633.00M
Share buybacks	$3.03M	$2.17M	$2.56M	$1.87M	$4.37M	$3.29M	$1.19M	$3.98M	$4.05M	$2.28M
Stock-based compensation	$5.39M	$6.34M	$7.57M	$7.37M	$8.16M	$10.08M	$12.21M	$11.32M	$9.79M	$12.86M
Depreciation & amortization	$133.01M	$136.72M	$146.67M	$156.48M	$257.06M	$297.95M	$321.18M	$704.00M	$788.00M	$894.00M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$479.42M	$612.07M	$434.41M	$435.25M	$604.38M	$783.63M	$514.91M	$476.97M	$699.11M	$861.76M	$530.85M	$508.26M
Operating income	$985.88M	$230.67M	$145.29M	$155.09M	$1.19B	$338.90M	$185.27M	$169.77M	$1.19B	$310.64M	$193.27M	$192.70M
Interest expense	$72.92M	$73.27M	$73.05M	$76.85M	$79.30M	$82.06M	$79.81M	$82.27M	$84.94M	$87.31M	$89.11M	$91.32M
Pre-tax income	$868.83M	$255.13M	$77.25M	$85.24M	$941.38M	$263.19M	$112.40M	$96.38M	$950.03M	$230.78M	$109.12M	$110.47M
Income tax	$287.61M	-$10.64M	$1.86M	$15.84M	$300.94M	-$20.59M	$4.57M	$4.30M	$322.72M	$6.39M	$3.39M	$6.64M
Net income	$581.22M	$265.77M	$75.39M	$69.40M	$640.44M	$283.79M	$107.83M	$92.08M	$627.31M	$224.39M	$105.72M	$103.83M
EBITDA	$1.43B	$320.47M	$235.93M	$247.69M	$1.70B	$438.28M	$288.79M	$276.84M	$1.77B	$421.37M	$306.56M	$307.01M
EPS (basic)	$3.53	$0.97	$0.28	$0.25	$3.89	$1.03	$0.38	$0.33	$3.96	$0.79	$0.37	$0.37
EPS (diluted)	$3.53	$0.97	$0.28	$0.25	$3.89	$1.03	$0.38	$0.33	$3.96	$0.79	$0.37	$0.36
Diluted shares	-72.69M	273.74M	273.95M	274.54M	-79.13M	275.69M	280.73M	282.30M	-84.56M	283.64M	284.09M	285.02M
Operating margin	205.6%	37.7%	33.4%	35.6%	196.4%	43.2%	36.0%	35.6%	169.5%	36.0%	36.4%	37.9%
Net margin	121.2%	43.4%	17.4%	15.9%	106.0%	36.2%	20.9%	19.3%	89.7%	26.0%	19.9%	20.4%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$4.61M	$35.20M	$18.82M	$8.44M	$96.00M	$20.78M	$25.07M	$6.40M	$34.78M	$75.93M	$8.63M	$9.32M
Receivables	$144.30M	$164.64M	$139.77M	$124.77M	$416.00M	$244.44M	$198.50M	$154.69M	$217.19M	$287.32M	$207.80M	$175.98M
Total current assets	$491.98M	$419.53M	$362.73M	$373.93M	$1.22B	$494.48M	$439.38M	$433.57M	$610.40M	$622.63M	$465.31M	$485.84M
Goodwill	$1.14B	$2.34B	$2.34B	$2.34B	$1.14B	$2.34B	$2.34B	$2.35B	$2.35B	$2.35B	$2.35B	$2.35B
Total assets	$30.30B	$17.05B	$17.25B	$17.56B	$32.83B	$18.33B	$18.55B	$18.89B	$19.46B	$19.78B	$19.94B	$20.29B
Total current liabilities	$797.93M	$678.61M	$629.15M	$683.14M	$3.15B	$756.61M	$598.76M	$728.11M	$764.48M	$654.45M	$598.99M	$1.21B
Short-term debt	$67.42M	$67.25M	$71.79M	$29.22M	$142.81M	$142.52M	$132.14M	$135.76M	$21.82M	$26.50M	$42.31M	$530.73M
Long-term debt	$6.83B	$6.86B	$7.01B	$7.23B	$7.37B	$7.52B	$7.62B	$7.69B	$8.11B	$8.36B	$8.42B	$8.03B
Total debt	$6.89B	$6.92B	$7.08B	$7.26B	$7.51B	$7.67B	$7.76B	$7.83B	$8.13B	$8.39B	$8.46B	$8.56B
Total liabilities	$7.04B	$10.97B	$11.09B	$11.38B	$26.63B	$11.87B	$11.83B	$12.08B	$12.61B	$12.89B	$12.92B	$13.17B
Shareholders' equity	$9.80B	$6.08B	$6.16B	$6.18B	$6.20B	$6.46B	$6.72B	$6.82B	$6.86B	$6.89B	$7.02B	$7.13B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$1.07B	$240.71M	$185.71M	$196.08M	$1.42B	$299.52M	$272.32M	$232.51M	$1.25B	$265.40M	$323.57M	$229.25M
Free cash flow	$1.07B	$240.71M	$185.71M	$196.08M	$1.42B	$299.52M	$272.32M	$232.51M	$1.25B	$265.40M	$323.57M	$229.25M
Investing cash flow	-$1.90B	-$86.48M	-$295.63M	-$383.93M	-$2.61B	-$287.88M	-$344.95M	-$429.10M	-$2.25B	-$267.46M	-$398.50M	-$436.60M
Financing cash flow	$1.08B	-$123.64M	$93.53M	$177.47M	$962.64M	-$9.00K	$76.92M	$177.91M	$994.18M	$43.20M	$7.64M	$208.03M
Dividends paid	$299.08M	$83.93M	$84.00M	$89.08M	$327.99M	$89.46M	$91.25M	$96.16M	$356.13M	$97.00M	$97.17M	$102.33M
Share buybacks	$26.00K	$2.23M	$1.00K	$2.00K	$1.81M	$2.23M	$3.00K	$38.00K	$9.00K	$2.92M	$20.00K	$1.00K
Stock-based compensation	$2.39M	$1.06M	$2.76M	$1.54M	$4.42M	$2.60M	$4.30M	$4.93M	$1.01M	$2.68M	$4.54M	$2.88M
Depreciation & amortization	$448.51M	$89.80M	$90.65M	$92.60M	$514.95M	$99.38M	$103.52M	$107.07M	$584.04M	$110.73M	$113.29M	$114.31M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.