Chesapeake Utilities (CPK) Financials

$124.93 -2.64 (-2.07%)

Closing price 05/15/2026 03:59 PM Eastern

Extended Trading

$124.74 -0.19 (-0.15%)

As of 05/15/2026 04:10 PM Eastern

Annual Income Statements for Chesapeake Utilities

This table shows Chesapeake Utilities' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	41	45	58	57	65	71	83	90	87	119	140
Consolidated Net Income / (Loss)	41	45	58	57	65	71	83	90	87	119	140
Net Income / (Loss) Continuing Operations	41	45	60	57	61	71	0.00	0.00	0.00	0.00	0.00
Total Pre-Tax Income	68	73	75	78	82	94	113	124	115	162	193
Total Operating Income	78	86	90	95	106	113	131	143	151	228	256
Total Gross Profit	459	499	277	300	325	488	383	681	454	567	639
Total Revenue	459	499	450	490	480	488	570	681	671	787	930
Operating Revenue	464	509	466	507	497	505	591	710	697	812	960
Other Revenue	-4.77	-11	-17	-17	-18	-17	-21	-30	-26	-25	-30
Total Cost of Revenue	0.00	0.00	172	190	155	0.00	187	0.00	217	220	292
Operating Cost of Revenue	-	-	172	190	155	-	187	-	217	220	292
Total Operating Expenses	381	413	188	205	219	375	252	538	303	339	383
Selling, General & Admin Expense	-	-	-	14	16	16	17	18	20	23	24
Depreciation Expense	30	32	36	40	45	58	63	69	66	66	92
Other Operating Expenses / (Income)	353	381	151	151	158	302	172	451	217	251	267
Total Other Income / (Expense), net	-9.71	-13	-15	-17	-24	-19	-18	-19	-36	-66	-63
Interest Expense	10	11	13	16	22	22	20	24	37	68	73
Other Income / (Expense), net	0.29	-2.33	-2.20	-0.61	-1.85	3.22	1.72	5.10	1.40	2.00	9.60
Income Tax Expense	27	28	15	21	21	24	29	34	28	43	53
Net Income / (Loss) Discontinued Operations	-	-	-2.20	-0.39	4.05	0.86	0.00	0.00	0.00	0.00	0.00
Basic Earnings per Share	$2.73	$2.87	$3.56	$3.46	$3.97	$4.28	$4.75	$5.07	$4.75	$5.28	$6.00
Weighted Average Basic Shares Outstanding	15.09M	15.57M	16.34M	16.37M	16.40M	16.71M	17.56M	17.72M	18.37M	22.47M	23.39M
Diluted Earnings per Share	$2.72	$2.86	$3.55	$3.45	$3.96	$4.26	$4.73	$5.04	$4.73	$5.26	$5.97
Weighted Average Diluted Shares Outstanding	15.14M	15.61M	16.38M	16.42M	16.45M	16.77M	17.63M	17.80M	18.44M	22.53M	23.49M
Weighted Average Basic & Diluted Shares Outstanding	15.10M	15.60M	16.30M	16.40M	16.40M	17.47M	17.66M	17.74M	22.24M	22.98M	23.94M
Cash Dividends to Common per Share	$1.13	$1.20	$1.28	$1.44	$1.59	$1.73	$1.88	$2.09	$2.31	$2.51	$2.70

This table shows Chesapeake Utilities' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	9.41	25	46	18	18	37	51	24	19	46	59
Consolidated Net Income / (Loss)	9.41	25	46	18	18	37	51	24	19	46	59
Net Income / (Loss) Continuing Operations	9.41	-62	46	18	18	-82	51	24	19	-94	59
Total Pre-Tax Income	13	32	63	25	24	50	69	33	27	64	81
Total Operating Income	20	47	80	41	41	67	87	50	45	74	99
Total Gross Profit	94	347	165	127	122	374	182	143	137	176	206
Total Revenue	132	185	246	166	160	215	299	193	180	259	353
Operating Revenue	137	192	252	172	166	222	306	200	187	267	363
Other Revenue	-5.83	-6.66	-5.80	-5.80	-6.00	-6.98	-7.60	-6.90	-7.50	-7.70	-9.90
Total Cost of Revenue	37	-161	81	40	38	-159	116	50	42	83	147
Operating Cost of Revenue	37	-	81	40	38	-	116	50	42	83	147
Total Operating Expenses	74	299	85	86	81	307	96	93	92	102	107
Selling, General & Admin Expense	5.13	4.91	5.90	5.60	5.10	5.97	5.40	6.00	6.10	6.40	8.00
Depreciation Expense	18	13	17	18	17	14	23	22	23	24	22
Other Operating Expenses / (Income)	51	281	62	62	59	287	68	65	63	72	77
Total Other Income / (Expense), net	-7.15	-15	-17	-16	-17	-17	-18	-17	-18	-10	-19
Interest Expense	7.08	16	17	17	17	18	18	18	18	18	19
Other Income / (Expense), net	-0.07	0.37	0.20	1.00	0.50	0.30	0.60	0.40	0.20	8.40	0.00
Income Tax Expense	3.67	6.73	17	6.80	6.80	13	18	9.00	7.60	18	21
Net Income / (Loss) Discontinued Operations	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Basic Earnings per Share	$0.53	$1.26	$2.07	$0.82	$0.78	$1.61	$2.22	$1.03	$0.82	$1.93	$2.48
Weighted Average Basic Shares Outstanding	17.80M	18.37M	22.25M	22.28M	22.50M	22.47M	22.96M	23.31M	23.53M	23.39M	23.94M
Diluted Earnings per Share	$0.53	$1.26	$2.07	$0.82	$0.78	$1.59	$2.21	$1.02	$0.82	$1.92	$2.47
Weighted Average Diluted Shares Outstanding	17.86M	18.44M	22.31M	22.34M	22.56M	22.53M	23.04M	23.40M	23.63M	23.49M	24.05M
Weighted Average Basic & Diluted Shares Outstanding	35.59B	22.24M	44.54B	44.90B	22.78B	22.98M	23.33B	23.54B	23.65B	23.94M	24.00M
Cash Dividends to Common per Share	$0.59	-	$0.59	$0.64	$0.64	-	$0.64	$0.69	$0.69	-	$0.69

This table details how cash moves in and out of Chesapeake Utilities' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-1.72	1.32	1.44	0.48	16	-3.49	1.48	1.20	-1.30	3.00	-6.10
Net Cash From Operating Activities	105	104	110	117	103	159	151	159	204	239	234
Net Cash From Continuing Operating Activities	105	104	110	117	118	159	151	159	204	239	234
Net Income / (Loss) Continuing Operations	41	45	58	57	65	71	83	90	87	119	140
Consolidated Net Income / (Loss)	41	45	58	57	65	71	83	90	87	119	140
Depreciation Expense	37	39	45	49	55	68	73	80	77	82	108
Non-Cash Adjustments To Reconcile Net Income	2.98	4.49	5.50	9.00	6.07	-0.25	-1.42	0.30	9.10	1.50	-4.80
Changes in Operating Assets and Liabilities, net	24	15	1.75	2.45	-8.22	20	-4.43	-11	30	38	-9.40
Net Cash From Investing Activities	-165	-170	-187	-257	-187	-182	-223	-137	-1,111	-350	-436
Net Cash From Continuing Investing Activities	-165	-170	-187	-257	-187	-182	-223	-137	-1,111	-350	-436
Purchase of Property, Plant & Equipment	-144	-170	-175	-240	-185	-166	-187	-128	-189	-355	-449
Acquisitions	-21	0.00	-12	-17	-24	-22	-36	-12	-925	0.60	0.00
Sale of Property, Plant & Equipment	0.16	0.17	0.71	0.78	0.43	8.08	1.03	3.90	2.90	5.20	13
Other Investing Activities, net	-0.17	-0.35	-0.33	-0.63	22	-1.97	-0.76	-0.30	-0.70	-0.40	0.00
Net Cash From Financing Activities	58	67	78	140	85	19	74	-21	907	114	196
Net Cash From Continuing Financing Activities	58	67	78	140	85	19	74	-21	907	114	196
Repayment of Debt	-11	-9.15	-12	-34	-88	-125	33	-39	-44	-4.40	-65
Payment of Dividends	-16	-17	-20	-22	-25	-27	-32	-35	-40	-54	-61
Issuance of Debt	82	33	109	204	200	90	59	50	627	100	199
Issuance of Common Equity	0.81	58	0.09	0.00	0.00	61	16	4.50	366	73	123
Other Financing Activities, net	1.86	3.15	1.05	-7.15	-1.87	-1.80	-2.63	-1.80	-2.80	0.00	-0.60

This table details how cash moves in and out of Chesapeake Utilities' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-2.38	3.11	-3.20	4.74	-4.82	6.30	-7.20	0.80	0.30	-	2.90
Net Cash From Operating Activities	34	20	97	70	50	22	85	54	59	35	118
Net Cash From Continuing Operating Activities	34	20	97	70	50	22	85	54	59	35	118
Net Income / (Loss) Continuing Operations	9.41	25	46	18	18	37	51	24	19	46	59
Consolidated Net Income / (Loss)	9.41	25	46	18	18	37	51	24	19	46	59
Depreciation Expense	20	17	21	22	20	18	27	26	27	28	26
Non-Cash Adjustments To Reconcile Net Income	4.25	2.56	-3.20	-0.93	3.15	-0.17	-2.10	6.50	-3.20	-6.00	0.80
Changes in Operating Assets and Liabilities, net	0.25	-24	33	31	9.32	-33	9.70	-2.10	16	-33	32
Net Cash From Investing Activities	-47	-976	-75	-81	-100	-94	-113	-100	-106	-118	-142
Net Cash From Continuing Investing Activities	-47	-976	-75	-81	-100	-94	-113	-100	-106	-118	-142
Purchase of Property, Plant & Equipment	-47	-51	-76	-82	-102	-96	-114	-100	-108	-126	-142
Acquisitions	-	-925	0.60	-0.01	-	-0.00	0.00	-	-	-	0.00
Sale of Property, Plant & Equipment	0.62	0.25	0.30	1.52	1.38	2.06	0.60	0.60	2.80	8.90	0.10
Other Investing Activities, net	0.05	0.01	-0.10	-0.14	0.04	-0.23	0.10	-0.10	-	-	0.10
Net Cash From Financing Activities	10	959	-26	16	45	78	21	46	47	82	27
Net Cash From Continuing Financing Activities	10	959	-26	16	45	78	21	46	47	82	27
Repayment of Debt	21	-26	-12	27	3.71	-23	-2.00	16	47	-146	-2.00
Payment of Dividends	-11	-10	-13	-13	-14	-14	-15	-15	-16	-16	-16
Issuance of Debt	-	-	-	-	-	-	20	-	-	-	42
Issuance of Common Equity	-0.01	366	0.00	2.43	54	16	20	41	15	47	5.20
Other Financing Activities, net	-	1.81	-0.80	-0.48	1.18	0.05	-2.70	3.60	0.50	-2.00	-2.40

This table presents Chesapeake Utilities' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	1,067	1,229	1,415	1,694	1,783	1,932	2,115	2,215	3,305	3,577	3,995
Total Current Assets	112	141	179	192	135	136	170	194	186	204	237
Cash & Equivalents	2.86	4.18	5.61	6.09	6.99	3.50	4.98	6.20	4.90	7.90	1.80
Accounts Receivable	41	63	77	54	50	57	58	63	72	77	101
Inventories, net	14	17	26	20	15	14	25	33	34	31	31
Prepaid Expenses	7.15	6.79	14	10	14	13	17	16	15	17	20
Current Deferred & Refundable Income Taxes	25	23	15	15	20	13	17	2.54	3.80	6.80	0.00
Other Current Assets	22	28	42	33	29	36	48	74	56	65	83
Plant, Property, & Equipment, net	855	987	1,126	1,354	1,464	61	1,745	1,810	2,456	2,736	3,118
Plant, Property & Equipment, gross	1,070	1,232	1,397	1,648	1,801	1,909	2,162	2,273	2,973	3,304	3,756
Accumulated Depreciation	215	245	271	294	337	369	417	463	516	568	638
Total Noncurrent Assets	101	101	110	149	185	195	197	211	650	637	630
Long-Term Investments	3.64	4.90	6.76	6.71	9.23	11	12	11	12	14	17
Noncurrent Note & Lease Receivables	2.83	2.79	3.70	36	50	12	13	27	16	12	17
Goodwill	15	15	20	22	33	39	45	46	508	508	508
Intangible Assets	2.22	1.84	4.69	3.85	8.13	8.29	13	18	17	15	13
Other Noncurrent Operating Assets	78	77	76	72	85	125	114	109	96	88	74
Total Liabilities & Shareholders' Equity	1,067	1,229	1,415	1,694	1,783	1,932	2,115	2,215	3,305	3,577	3,995
Total Liabilities	709	783	929	1,175	1,222	1,235	1,341	1,382	2,046	2,187	2,386
Total Current Liabilities	280	334	413	528	423	329	376	369	386	419	530
Short-Term Debt	183	222	260	306	293	189	240	224	198	222	293
Accounts Payable	39	57	75	99	54	60	53	61	78	78	115
Accrued Expenses	7.06	7.06	10	10	12	15	18	14	13	14	15
Customer Deposits	-	-	-	-	31	33	36	37	46	46	45
Dividends Payable	4.39	4.97	5.31	6.06	6.64	7.68	8.47	9.49	13	15	16
Current Deferred & Payable Income Tax Liabilities	-	-	-	-	-	-	-	-	-	-	0.00
Current Employee Benefit Liabilities	10	10	13	14	16	14	16	15	17	24	22
Other Current Liabilities	7.80	2.06	13	9.49	7.84	6.41	3.02	5.62	14	16	15
Other Current Nonoperating Liabilities	1.31	1.31	1.74	51	2.55	2.91	2.78	3.35	7.00	4.80	8.70
Total Noncurrent Liabilities	430	449	516	647	798	906	964	1,013	1,660	1,767	1,857
Long-Term Debt	149	137	197	316	440	508	550	578	1,187	1,262	1,327
Asset Retirement Reserve & Litigation Obligation	52	52	149	143	134	147	146	146	198	186	191
Noncurrent Deferred & Payable Income Tax Liabilities	193	223	136	157	181	205	234	256	259	296	313
Noncurrent Employee Benefit Liabilities	33	33	30	29	31	31	24	17	15	13	14
Other Noncurrent Operating Liabilities	2.60	4.75	3.46	2.97	13	15	11	15	0.40	10	11
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	358	446	486	518	562	697	774	833	1,246	1,390	1,599
Total Preferred & Common Equity	358	446	486	518	562	697	774	833	1,246	1,390	1,599
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	358	446	486	518	562	697	774	833	1,246	1,390	1,599
Common Stock	198	259	261	264	267	357	380	389	760	842	974
Retained Earnings	166	192	229	262	301	343	393	446	489	550	627
Treasury Stock	-1.88	-2.42	-3.40	-3.85	-4.54	-5.68	-7.24	-7.06	-9.10	-9.80	-13
Accumulated Other Comprehensive Income / (Loss)	-5.84	-4.88	-4.27	-6.71	-6.27	-2.87	1.30	-1.38	-2.80	-1.70	-2.70
Other Equity Adjustments	1.88	2.42	3.40	3.85	4.54	5.68	7.24	7.06	9.10	9.80	13

This table presents Chesapeake Utilities' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	2,157	2,198	2,204	2,241	3,332	3,381	3,467	3,665	3,738	3,861	4,096
Total Current Assets	169	160	137	137	170	156	166	200	192	219	239
Cash & Equivalents	2.48	3.07	4.17	1.79	1.70	6.43	1.61	0.70	1.50	1.80	4.70
Accounts Receivable	34	62	45	45	68	54	54	97	84	78	114
Inventories, net	28	27	28	30	29	29	32	29	29	31	26
Prepaid Expenses	18	13	12	17	14	13	19	16	16	21	17
Current Deferred & Refundable Income Taxes	19	0.00	1.28	5.34	0.00	9.87	13	4.90	11	29	0.00
Other Current Assets	68	54	46	39	57	44	47	53	51	58	78
Plant, Property, & Equipment, net	1,794	1,837	1,871	1,908	2,511	2,579	2,658	2,828	2,908	3,006	3,224
Plant, Property & Equipment, gross	2,243	2,313	2,361	2,412	3,042	3,126	3,215	3,414	3,508	3,623	3,876
Accumulated Depreciation	449	476	490	504	531	547	556	586	600	618	652
Total Noncurrent Assets	194	187	183	195	639	645	643	637	638	637	624
Long-Term Investments	9.90	11	12	11	13	14	14	14	16	17	16
Noncurrent Note & Lease Receivables	13	12	12	16	16	13	12	13	14	14	13
Goodwill	45	46	46	46	508	508	508	508	508	508	508
Intangible Assets	14	17	17	17	16	16	15	15	14	14	13
Other Noncurrent Operating Assets	112	100	96	105	86	95	93	87	86	85	74
Total Liabilities & Shareholders' Equity	2,157	2,198	2,204	2,241	3,332	3,381	3,467	3,665	3,738	3,861	4,096
Total Liabilities	1,343	1,325	1,327	1,374	2,039	2,090	2,119	2,217	2,239	2,343	2,435
Total Current Liabilities	329	247	255	288	372	410	435	434	460	351	554
Short-Term Debt	189	116	116	139	189	226	233	241	271	130	334
Accounts Payable	47	38	44	54	63	69	70	77	69	89	101
Accrued Expenses	25	17	18	21	17	21	26	17	22	28	20
Customer Deposits	38	37	38	40	44	45	47	42	48	45	42
Dividends Payable	9.49	9.52	11	11	13	14	14	15	16	16	16
Current Deferred & Payable Income Tax Liabilities	-	7.55	0.00	0.00	0.82	0.00	0.00	0.00	0.00	0.00	0.00
Current Employee Benefit Liabilities	10	6.35	9.77	9.83	7.07	13	14	9.50	12	12	11
Other Current Liabilities	5.56	11	15	9.92	21	20	15	17	16	14	12
Other Current Nonoperating Liabilities	4.90	4.85	3.43	4.99	17	3.65	14	16	4.90	17	18
Total Noncurrent Liabilities	1,014	1,078	1,072	1,086	1,668	1,680	1,684	1,784	1,779	1,992	1,881
Long-Term Debt	584	656	646	644	1,185	1,175	1,173	1,260	1,250	1,438	1,325
Asset Retirement Reserve & Litigation Obligation	147	146	147	148	196	195	193	188	189	189	192
Noncurrent Deferred & Payable Income Tax Liabilities	249	258	261	265	271	283	289	312	316	339	334
Noncurrent Employee Benefit Liabilities	20	17	18	17	16	16	16	13	14	15	13
Other Noncurrent Operating Liabilities	15	-0.13	0.04	13	-0.48	11	13	11	11	11	17
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	814	859	864	867	1,281	1,291	1,348	1,447	1,499	1,519	1,652
Total Preferred & Common Equity	814	859	864	867	1,281	1,291	1,348	1,447	1,499	1,519	1,652
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	814	859	864	867	1,281	1,291	1,348	1,447	1,499	1,519	1,652
Common Stock	387	388	389	391	761	767	824	863	908	925	984
Retained Earnings	429	472	478	477	522	526	528	586	594	597	669
Treasury Stock	-7.00	-8.82	-9.00	-8.99	-9.56	-9.70	-9.78	-12	-13	-13	-17
Accumulated Other Comprehensive Income / (Loss)	-1.40	-1.98	-3.06	-1.14	-1.79	-1.58	-4.14	-2.30	-2.80	-3.20	-1.50
Other Equity Adjustments	7.00	8.82	9.00	8.99	9.56	9.70	9.78	12	13	13	17

This table displays calculated financial ratios and metrics derived from Chesapeake Utilities' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-7.94%	8.63%	-9.87%	9.04%	-2.18%	1.79%	16.75%	19.43%	-1.48%	17.39%	18.14%
EBITDA Growth	12.29%	7.08%	7.39%	8.57%	10.81%	15.44%	12.01%	10.83%	0.70%	35.76%	19.70%
EBIT Growth	12.27%	7.18%	4.63%	7.67%	10.82%	11.02%	14.56%	11.42%	2.84%	51.25%	15.33%
NOPAT Growth	25.57%	11.90%	37.20%	-4.14%	14.16%	7.04%	14.85%	6.92%	9.85%	46.67%	11.21%
Net Income Growth	13.99%	8.59%	30.10%	-2.66%	15.15%	9.74%	16.74%	7.59%	-2.90%	36.01%	18.30%
EPS Growth	10.12%	5.15%	24.13%	-2.82%	14.78%	7.58%	11.03%	6.55%	-6.15%	11.21%	13.50%
Operating Cash Flow Growth	42.07%	-0.55%	5.71%	6.61%	-12.27%	54.34%	-5.29%	5.58%	28.07%	17.64%	-2.38%
Free Cash Flow Firm Growth	-2,190.55%	31.55%	-6.03%	-81.46%	28.13%	1,912.16%	-205.63%	101.74%	-3,280.28%	92.21%	-141.13%
Invested Capital Growth	24.53%	16.45%	17.02%	19.81%	14.49%	-111.58%	1,142.89%	4.88%	61.54%	8.98%	12.30%
Revenue Q/Q Growth	-3.33%	8.08%	-22.35%	1.75%	30.14%	1.05%	4.27%	4.12%	-0.29%	3.92%	4.95%
EBITDA Q/Q Growth	-0.76%	5.22%	3.90%	2.53%	1.37%	6.09%	0.91%	3.92%	0.29%	7.19%	7.18%
EBIT Q/Q Growth	-3.47%	6.33%	4.97%	2.52%	0.60%	6.34%	0.73%	5.10%	2.79%	9.25%	5.99%
NOPAT Q/Q Growth	5.69%	10.23%	34.60%	-15.23%	1.37%	4.97%	0.47%	4.07%	6.03%	7.77%	2.10%
Net Income Q/Q Growth	-3.47%	7.83%	32.44%	-12.79%	7.89%	-0.30%	0.43%	3.99%	-0.95%	10.56%	7.18%
EPS Q/Q Growth	-2.51%	5.93%	32.46%	-12.88%	8.20%	-2.29%	0.00%	0.00%	-4.06%	6.69%	5.85%
Operating Cash Flow Q/Q Growth	2.04%	7.90%	-5.73%	-16.00%	10.35%	38.30%	-23.14%	18.82%	-1.32%	0.67%	6.23%
Free Cash Flow Firm Q/Q Growth	-57.40%	-7.62%	14.80%	-85.89%	22.07%	2,036.23%	-35,175.01%	197.03%	-2,076.58%	92.78%	-9.57%
Invested Capital Q/Q Growth	6.66%	6.96%	6.77%	9.88%	6.48%	-110.90%	6.47%	2.63%	59.51%	3.76%	3.95%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	61.71%	61.22%	67.79%	100.00%	67.20%	100.00%	100.00%	100.00%	68.66%
EBITDA Margin	25.04%	24.69%	29.41%	29.28%	33.17%	37.62%	36.09%	33.49%	34.24%	39.60%	40.12%
Operating Margin	16.93%	17.24%	19.96%	19.34%	22.16%	23.09%	23.00%	20.99%	22.49%	28.99%	27.52%
EBIT Margin	17.00%	16.77%	19.47%	19.22%	21.78%	23.75%	23.31%	21.74%	22.70%	29.24%	28.55%
Profit (Net Income) Margin	8.96%	8.96%	12.93%	11.54%	13.58%	14.65%	14.64%	13.19%	13.00%	15.07%	15.09%
Tax Burden Percent	60.46%	61.19%	77.50%	72.45%	79.25%	75.92%	74.06%	72.65%	75.63%	73.30%	72.69%
Interest Burden Percent	87.18%	87.28%	85.68%	82.87%	78.72%	81.23%	84.84%	83.51%	75.76%	70.29%	72.69%
Effective Tax Rate	39.54%	38.81%	19.56%	27.05%	25.68%	24.99%	25.94%	27.35%	24.37%	26.70%	27.31%
Return on Invested Capital (ROIC)	7.57%	7.06%	8.29%	6.71%	6.55%	14.85%	13.81%	6.52%	5.35%	6.08%	6.10%
ROIC Less NNEP Spread (ROIC-NNEP)	5.56%	4.75%	4.82%	4.32%	4.47%	36.59%	55.60%	4.74%	2.89%	2.68%	3.16%
Return on Net Nonoperating Assets (RNNOA)	4.93%	4.05%	4.18%	4.56%	5.52%	-3.49%	-2.47%	4.66%	3.04%	2.92%	3.28%
Return on Equity (ROE)	12.50%	11.11%	12.47%	11.26%	12.07%	11.36%	11.35%	11.18%	8.39%	9.00%	9.39%
Cash Return on Invested Capital (CROIC)	-14.28%	-8.14%	-7.39%	-11.32%	-6.96%	0.00%	-103.34%	1.76%	-41.71%	-2.52%	-5.49%
Operating Return on Assets (OROA)	7.92%	7.29%	6.62%	6.06%	6.01%	6.24%	6.56%	6.84%	5.51%	6.69%	7.01%
Return on Assets (ROA)	4.17%	3.89%	4.40%	3.64%	3.75%	3.85%	4.12%	4.15%	3.16%	3.45%	3.71%
Return on Common Equity (ROCE)	12.50%	11.11%	12.47%	11.26%	12.07%	11.36%	11.35%	11.18%	8.39%	9.00%	9.39%
Return on Equity Simple (ROE_SIMPLE)	11.49%	10.01%	11.95%	10.91%	11.60%	10.26%	10.78%	10.78%	7.00%	8.53%	0.00%
Net Operating Profit after Tax (NOPAT)	47	53	72	69	79	85	97	104	114	167	186
NOPAT Margin	10.24%	10.55%	16.05%	14.11%	16.47%	17.32%	17.04%	15.25%	17.01%	21.25%	20.00%
Net Nonoperating Expense Percent (NNEP)	2.01%	2.31%	3.48%	2.38%	2.08%	-21.74%	-41.78%	1.78%	2.46%	3.39%	2.94%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	6.35%	4.33%	5.82%	5.78%
Cost of Revenue to Revenue	0.00%	0.00%	38.29%	38.79%	32.21%	0.00%	32.80%	0.00%	0.00%	0.00%	31.34%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	2.93%	3.27%	3.19%	2.95%	2.67%	3.04%	2.86%	2.57%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	83.07%	82.76%	41.75%	41.87%	45.62%	76.91%	44.20%	79.01%	77.51%	71.01%	41.14%
Earnings before Interest and Taxes (EBIT)	78	84	88	94	104	116	133	148	152	230	266
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	115	123	132	144	159	184	206	228	230	312	373
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.33	1.41	1.72	1.81	2.14	2.15	2.96	2.42	1.53	1.97	1.83
Price to Tangible Book Value (P/TBV)	1.40	1.47	1.81	1.91	2.31	2.31	3.20	2.62	2.64	3.15	2.72
Price to Revenue (P/Rev)	1.04	1.26	1.86	1.92	2.51	3.07	4.02	2.96	2.84	3.47	3.15
Price to Earnings (P/E)	11.60	14.09	14.39	16.62	18.44	20.99	27.48	22.47	21.85	23.05	20.89
Dividend Yield	9.05%	7.25%	5.87%	5.51%	4.52%	3.85%	2.77%	3.36%	2.23%	2.07%	2.16%
Earnings Yield	8.62%	7.10%	6.95%	6.02%	5.42%	4.76%	3.64%	4.45%	4.58%	4.34%	4.79%
Enterprise Value to Invested Capital (EV/IC)	1.16	1.22	1.37	1.38	1.49	0.00	1.97	1.72	1.24	1.46	1.41
Enterprise Value to Revenue (EV/Rev)	1.75	1.96	2.85	3.16	4.00	4.47	5.38	4.12	4.88	5.33	4.87
Enterprise Value to EBITDA (EV/EBITDA)	6.98	7.95	9.69	10.80	12.06	11.89	14.91	12.29	14.26	13.46	12.14
Enterprise Value to EBIT (EV/EBIT)	10.28	11.71	14.65	16.45	18.37	18.84	23.08	18.94	21.51	18.23	17.07
Enterprise Value to NOPAT (EV/NOPAT)	17.07	18.61	17.76	22.40	24.29	25.83	31.58	27.00	28.70	25.08	24.36
Enterprise Value to Operating Cash Flow (EV/OCF)	7.66	9.40	11.64	13.21	18.63	13.74	20.37	17.64	16.08	17.53	19.39
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	1.44	0.00	100.21	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.93	0.80	0.94	1.20	1.31	1.00	1.02	0.96	1.11	1.07	1.01
Long-Term Debt to Equity	0.42	0.31	0.41	0.61	0.78	0.73	0.71	0.69	0.95	0.91	0.83
Financial Leverage	0.89	0.85	0.87	1.05	1.23	-0.10	-0.04	0.98	1.05	1.09	1.04
Leverage Ratio	2.99	2.86	2.84	3.09	3.22	2.95	2.75	2.69	2.66	2.61	2.53
Compound Leverage Factor	2.61	2.49	2.43	2.56	2.53	2.40	2.33	2.25	2.01	1.83	1.84
Debt to Total Capital	48.07%	44.59%	48.49%	54.56%	56.63%	50.02%	50.49%	49.06%	52.65%	51.63%	50.33%
Short-Term Debt to Total Capital	26.47%	27.57%	27.58%	26.86%	22.63%	13.57%	15.32%	13.68%	7.54%	7.72%	9.09%
Long-Term Debt to Total Capital	21.60%	17.01%	20.91%	27.70%	34.00%	36.46%	35.17%	35.38%	45.11%	43.90%	41.24%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	51.93%	55.41%	51.51%	45.44%	43.37%	49.98%	49.51%	50.94%	47.35%	48.37%	49.67%
Debt to EBITDA	2.88	2.91	3.46	4.34	4.61	3.80	3.84	3.52	6.03	4.76	4.34
Net Debt to EBITDA	2.83	2.84	3.37	4.25	4.51	3.72	3.75	3.44	5.96	4.69	4.29
Long-Term Debt to EBITDA	1.30	1.11	1.49	2.20	2.77	2.77	2.67	2.54	5.17	4.05	3.56
Debt to NOPAT	7.05	6.82	6.34	9.00	9.28	8.25	8.13	7.73	12.15	8.87	8.71
Net Debt to NOPAT	6.91	6.65	6.17	8.81	9.08	8.08	7.95	7.56	12.00	8.74	8.60
Long-Term Debt to NOPAT	3.17	2.60	2.73	4.57	5.57	6.01	5.66	5.57	10.41	7.54	7.13
Altman Z-Score	1.10	1.14	1.09	0.93	1.09	1.31	1.65	1.59	1.05	1.33	1.32
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.40	0.42	0.43	0.36	0.32	0.41	0.45	0.53	0.48	0.49	0.45
Quick Ratio	0.16	0.20	0.20	0.11	0.13	0.18	0.17	0.19	0.20	0.20	0.19
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-89	-61	-64	-117	-84	1,521	-1,607	28	-890	-69	-167
Operating Cash Flow to CapEx	73.01%	61.37%	63.04%	48.99%	55.87%	100.94%	80.96%	127.73%	109.59%	68.38%	53.64%
Free Cash Flow to Firm to Interest Expense	-8.86	-5.71	-5.14	-7.23	-3.78	69.90	-79.81	1.15	-24.11	-1.01	-2.31
Operating Cash Flow to Interest Expense	10.47	9.79	8.79	7.27	4.63	7.30	7.47	6.51	5.51	3.50	3.22
Operating Cash Flow Less CapEx to Interest Expense	-3.87	-6.16	-5.15	-7.57	-3.66	0.07	-1.76	1.41	0.48	-1.62	-2.79
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.47	0.43	0.34	0.32	0.28	0.26	0.28	0.31	0.24	0.23	0.25
Accounts Receivable Turnover	9.74	9.61	6.42	7.48	9.28	9.17	9.88	11.22	9.96	10.60	10.44
Inventory Turnover	0.00	0.00	8.18	8.28	8.64	0.00	9.69	0.00	0.00	0.00	9.42
Fixed Asset Turnover	0.59	0.54	0.43	0.40	0.34	0.64	0.63	0.38	0.31	0.30	0.32
Accounts Payable Turnover	0.00	0.00	2.62	2.19	2.02	0.00	3.31	0.00	0.00	0.00	3.01
Days Sales Outstanding (DSO)	37.48	37.98	56.83	48.78	39.35	39.79	36.94	32.54	36.65	34.43	34.97
Days Inventory Outstanding (DIO)	0.00	0.00	44.63	44.09	42.27	0.00	37.66	0.00	0.00	0.00	38.75
Days Payable Outstanding (DPO)	0.00	0.00	139.50	166.38	180.43	0.00	110.19	0.00	0.00	0.00	121.14
Cash Conversion Cycle (CCC)	37.48	37.98	-38.04	-73.50	-98.82	39.79	-35.59	32.54	36.65	34.43	-47.42
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	689	802	939	1,125	1,288	-149	1,555	1,631	2,635	2,871	3,224
Invested Capital Turnover	0.74	0.67	0.52	0.48	0.40	0.86	0.81	0.43	0.31	0.29	0.31
Increase / (Decrease) in Invested Capital	136	113	137	186	163	-1,437	1,704	76	1,004	237	353
Enterprise Value (EV)	802	979	1,282	1,550	1,919	2,184	3,066	2,803	3,273	4,196	4,531
Market Capitalization	477	629	837	940	1,202	1,501	2,294	2,018	1,905	2,734	2,930
Book Value per Share	$23.46	$27.37	$29.75	$31.65	$34.23	$39.92	$43.97	$46.94	$0.07	$0.06	$0.07
Tangible Book Value per Share	$22.36	$26.33	$28.27	$30.10	$31.75	$37.23	$40.69	$43.33	$0.04	$0.04	$0.05
Total Capital	690	805	944	1,141	1,295	1,395	1,564	1,635	2,632	2,874	3,218
Total Debt	332	359	458	622	733	698	789	802	1,386	1,484	1,620
Total Long-Term Debt	149	137	197	316	440	508	550	578	1,187	1,262	1,327
Net Debt	325	350	445	610	717	683	772	785	1,368	1,461	1,601
Capital Expenditures (CapEx)	143	170	175	240	184	157	186	124	186	350	436
Debt-free, Cash-free Net Working Capital (DFCFNWC)	12	25	20	-36	-2.51	-6.86	29	42	-7.20	-1.00	-2.10
Debt-free Net Working Capital (DFNWC)	15	29	26	-30	4.47	-3.36	34	49	-2.30	6.90	-0.30
Net Working Capital (NWC)	-168	-193	-234	-337	-288	-193	-206	-175	-201	-215	-293
Net Nonoperating Expense (NNE)	5.87	7.93	14	13	14	13	14	14	27	49	46
Net Nonoperating Obligations (NNO)	331	356	452	606	726	-846	781	798	1,388	1,481	1,626
Total Depreciation and Amortization (D&A)	37	39	45	49	55	68	73	80	77	82	108
Debt-free, Cash-free Net Working Capital to Revenue	2.57%	4.99%	4.53%	-7.42%	-0.52%	-1.40%	5.01%	6.23%	-1.07%	-0.13%	-0.23%
Debt-free Net Working Capital to Revenue	3.19%	5.83%	5.78%	-6.18%	0.93%	-0.69%	5.88%	7.14%	-0.34%	0.88%	-0.03%
Net Working Capital to Revenue	-36.56%	-38.67%	-52.13%	-68.67%	-60.15%	-39.45%	-36.15%	-25.72%	-29.93%	-27.32%	-31.49%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.73	$2.87	$3.56	$3.46	$3.97	$4.28	$4.75	$5.07	$4.75	$5.28	$6.00
Adjusted Weighted Average Basic Shares Outstanding	15.09M	15.57M	16.34M	16.37M	16.40M	16.71M	17.56M	17.72M	18.37M	22.47M	23.39M
Adjusted Diluted Earnings per Share	$2.72	$2.86	$3.55	$3.45	$3.96	$4.26	$4.73	$5.04	$4.73	$5.26	$5.97
Adjusted Weighted Average Diluted Shares Outstanding	15.14M	15.61M	16.38M	16.42M	16.45M	16.77M	17.63M	17.80M	18.43M	22.53M	23.49M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$3.97	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	15.28M	16.31M	16.34M	16.38M	16.41M	17.47M	17.66M	17.74M	22.24M	22.98M	23.94M
Normalized Net Operating Profit after Tax (NOPAT)	46	53	72	69	79	85	97	104	114	167	186
Normalized NOPAT Margin	10.04%	10.53%	16.03%	14.11%	16.47%	17.32%	17.04%	15.25%	17.01%	21.25%	20.00%
Pre Tax Income Margin	14.82%	14.64%	16.68%	15.93%	17.14%	19.29%	19.77%	18.16%	17.19%	20.55%	20.75%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.80	7.86	6.99	5.84	4.70	5.33	6.60	6.07	4.12	3.37	3.66
NOPAT to Interest Expense	4.70	4.94	5.76	4.29	3.55	3.88	4.82	4.26	3.09	2.45	2.57
EBIT Less CapEx to Interest Expense	-6.53	-8.09	-6.95	-9.00	-3.59	-1.91	-2.64	0.97	-0.91	-1.75	-2.35
NOPAT Less CapEx to Interest Expense	-9.64	-11.00	-8.18	-10.55	-4.74	-3.35	-4.41	-0.84	-1.94	-2.67	-3.44
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	38.71%	39.13%	34.29%	38.96%	37.90%	37.99%	37.78%	39.20%	45.87%	45.70%	43.26%
Augmented Payout Ratio	38.71%	39.13%	34.30%	40.21%	39.01%	6.34%	37.78%	39.20%	45.87%	45.70%	43.26%

This table displays calculated financial ratios and metrics derived from Chesapeake Utilities' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	23,936,406.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	23,936,406.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	2.48
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.38%	-1.05%	12.66%	22.63%	21.73%	16.03%	21.57%	15.94%	12.11%	20.42%	18.21%
EBITDA Growth	2.97%	1.04%	33.90%	29.57%	51.77%	32.57%	13.00%	19.87%	17.21%	29.27%	9.92%
EBIT Growth	2.81%	9.44%	44.55%	43.61%	104.99%	40.96%	9.52%	21.29%	9.18%	22.32%	13.73%
NOPAT Growth	7.91%	21.75%	40.69%	44.30%	102.67%	32.13%	8.87%	23.02%	9.77%	7.94%	14.57%
Net Income Growth	-2.64%	-3.20%	27.03%	13.25%	86.11%	44.79%	10.17%	31.32%	10.86%	25.61%	16.50%
EPS Growth	-1.85%	-13.70%	1.47%	-8.89%	47.17%	26.19%	6.76%	24.39%	5.13%	20.75%	11.76%
Operating Cash Flow Growth	181.33%	-11.96%	19.12%	4.13%	46.35%	7.84%	-12.64%	-22.68%	17.50%	63.13%	38.82%
Free Cash Flow Firm Growth	58.29%	-2,039.81%	-3,329.21%	-2,193.10%	-2,161.55%	80.62%	76.55%	71.25%	72.15%	-60.19%	-24.82%
Invested Capital Growth	3.94%	61.54%	63.73%	65.59%	67.53%	8.98%	11.00%	12.43%	12.10%	12.30%	12.15%
Revenue Q/Q Growth	-2.98%	40.89%	32.59%	-32.34%	-3.69%	34.29%	38.90%	-35.45%	-6.85%	44.15%	36.38%
EBITDA Q/Q Growth	-17.72%	58.61%	56.15%	-36.49%	-3.62%	38.54%	33.38%	-32.75%	-5.74%	52.91%	13.41%
EBIT Q/Q Growth	-30.92%	136.54%	67.19%	-47.48%	-1.39%	62.65%	30.06%	-41.99%	-10.85%	81.86%	20.92%
NOPAT Q/Q Growth	-29.34%	156.90%	56.53%	-49.26%	-0.75%	67.48%	29.11%	-42.69%	-11.51%	64.92%	36.97%
Net Income Q/Q Growth	-41.69%	169.12%	82.28%	-60.43%	-4.18%	109.37%	38.87%	-53.05%	-18.83%	137.63%	28.63%
EPS Q/Q Growth	-41.11%	137.74%	64.29%	-60.39%	-4.88%	103.85%	38.99%	-53.85%	-19.61%	134.15%	28.65%
Operating Cash Flow Q/Q Growth	-48.95%	-41.35%	383.15%	-27.95%	-28.26%	-56.79%	291.13%	-36.24%	9.04%	-40.10%	233.33%
Free Cash Flow Firm Q/Q Growth	-6.34%	-1,912.40%	-1.52%	-5.55%	-4.88%	82.76%	-22.84%	-29.41%	-1.62%	0.85%	4.28%
Invested Capital Q/Q Growth	1.71%	59.51%	1.36%	0.70%	2.91%	3.76%	3.24%	1.99%	2.60%	3.95%	3.10%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	71.80%	187.13%	66.95%	76.16%	76.14%	173.96%	61.06%	74.07%	76.39%	68.02%	58.40%
EBITDA Margin	30.87%	34.76%	40.98%	38.47%	38.49%	39.71%	38.13%	39.73%	40.20%	42.64%	35.46%
Operating Margin	15.38%	25.53%	32.39%	24.53%	25.55%	31.11%	29.06%	26.09%	25.06%	28.51%	28.15%
EBIT Margin	15.32%	25.72%	32.46%	25.20%	25.80%	31.25%	29.26%	26.30%	25.17%	31.75%	28.15%
Profit (Net Income) Margin	7.15%	13.66%	18.79%	10.99%	10.93%	17.04%	17.04%	12.40%	10.80%	17.81%	16.79%
Tax Burden Percent	71.92%	78.99%	73.57%	72.83%	72.06%	73.81%	73.45%	72.64%	71.85%	72.26%	73.48%
Interest Burden Percent	64.89%	67.22%	78.66%	59.87%	58.80%	73.90%	79.29%	64.89%	59.73%	77.62%	81.19%
Effective Tax Rate	28.08%	21.01%	26.43%	27.17%	27.94%	26.19%	26.55%	27.36%	28.15%	27.74%	26.52%
Return on Invested Capital (ROIC)	4.59%	6.34%	7.74%	6.04%	6.31%	6.57%	6.37%	5.75%	5.44%	6.29%	6.48%
ROIC Less NNEP Spread (ROIC-NNEP)	3.93%	5.24%	6.59%	4.98%	5.23%	5.68%	5.48%	4.89%	4.57%	5.82%	5.61%
Return on Net Nonoperating Assets (RNNOA)	3.65%	5.51%	6.66%	4.99%	5.20%	6.18%	5.84%	5.12%	4.79%	6.05%	5.78%
Return on Equity (ROE)	8.24%	11.85%	14.39%	11.03%	11.51%	12.75%	12.20%	10.87%	10.23%	12.33%	12.25%
Cash Return on Invested Capital (CROIC)	2.78%	-41.71%	-42.25%	-42.89%	-43.46%	-2.52%	-4.31%	-5.42%	-5.20%	-5.49%	-5.24%
Operating Return on Assets (OROA)	4.69%	6.25%	8.20%	6.58%	6.85%	7.15%	7.03%	6.40%	6.09%	7.80%	7.14%
Return on Assets (ROA)	2.19%	3.32%	4.74%	2.87%	2.90%	3.90%	4.09%	3.02%	2.61%	4.37%	4.26%
Return on Common Equity (ROCE)	8.24%	11.85%	14.39%	11.03%	11.51%	12.75%	12.20%	10.87%	10.23%	12.33%	12.25%
Return on Equity Simple (ROE_SIMPLE)	10.16%	0.00%	7.58%	7.68%	7.96%	0.00%	8.52%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	15	37	59	30	29	49	64	37	32	53	73
NOPAT Margin	11.06%	20.17%	23.83%	17.87%	18.41%	22.96%	21.34%	18.95%	18.00%	20.60%	20.69%
Net Nonoperating Expense Percent (NNEP)	0.66%	1.10%	1.15%	1.06%	1.09%	0.89%	0.88%	0.87%	0.86%	0.47%	0.86%
Return On Investment Capital (ROIC_SIMPLE)	-	1.42%	-	-	-	1.72%	2.16%	1.21%	1.05%	1.66%	2.21%
Cost of Revenue to Revenue	28.20%	-87.13%	33.05%	23.84%	23.86%	-73.96%	38.94%	25.93%	23.61%	31.98%	41.60%
SG&A Expenses to Revenue	3.90%	2.65%	2.40%	3.34%	3.16%	2.78%	1.81%	3.11%	3.40%	2.47%	2.27%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	56.42%	161.60%	34.57%	51.63%	50.59%	142.85%	32.01%	47.98%	51.34%	39.51%	30.25%
Earnings before Interest and Taxes (EBIT)	20	48	80	42	41	67	87	51	45	82	99
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	41	64	101	64	62	85	114	77	72	110	125
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.97	1.53	1.86	1.84	2.08	1.97	2.04	1.88	2.10	1.83	1.84
Price to Tangible Book Value (P/TBV)	2.12	2.64	3.14	3.09	3.40	3.15	3.20	2.88	3.19	2.72	2.69
Price to Revenue (P/Rev)	2.54	2.84	3.41	3.25	3.70	3.47	3.52	3.25	3.59	3.15	3.09
Price to Earnings (P/E)	19.39	21.85	24.52	23.92	26.12	23.05	24.00	21.81	24.31	20.89	20.44
Dividend Yield	2.80%	2.23%	2.21%	2.27%	1.98%	2.07%	1.99%	2.17%	1.97%	2.16%	2.17%
Earnings Yield	5.16%	4.58%	4.08%	4.18%	3.83%	4.34%	4.17%	4.59%	4.11%	4.79%	4.89%
Enterprise Value to Invested Capital (EV/IC)	1.50	1.24	1.40	1.40	1.52	1.46	1.50	1.43	1.53	1.41	1.41
Enterprise Value to Revenue (EV/Rev)	3.68	4.88	5.35	5.15	5.53	5.33	5.29	4.98	5.34	4.87	4.75
Enterprise Value to EBITDA (EV/EBITDA)	10.82	14.26	14.65	13.91	14.42	13.46	13.69	12.79	13.59	12.14	12.17
Enterprise Value to EBIT (EV/EBIT)	16.72	21.51	21.14	19.80	19.90	18.23	18.69	17.50	18.89	17.07	16.86
Enterprise Value to NOPAT (EV/NOPAT)	23.02	28.70	28.56	26.77	27.01	25.08	25.77	24.07	25.97	24.36	23.95
Enterprise Value to Operating Cash Flow (EV/OCF)	12.01	16.08	17.06	16.91	17.63	17.53	19.57	20.44	21.51	19.39	17.54
Enterprise Value to Free Cash Flow (EV/FCFF)	55.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.90	1.11	1.07	1.09	1.04	1.07	1.04	1.01	1.03	1.01	1.00
Long-Term Debt to Equity	0.74	0.95	0.93	0.91	0.87	0.91	0.87	0.83	0.95	0.83	0.80
Financial Leverage	0.93	1.05	1.01	1.00	0.99	1.09	1.07	1.05	1.05	1.04	1.03
Leverage Ratio	2.62	2.66	2.58	2.59	2.58	2.61	2.56	2.55	2.56	2.53	2.50
Compound Leverage Factor	1.70	1.78	2.03	1.55	1.52	1.93	2.03	1.66	1.53	1.97	2.03
Debt to Total Capital	47.44%	52.65%	51.75%	52.04%	51.05%	51.63%	50.91%	50.35%	50.80%	50.33%	50.12%
Short-Term Debt to Total Capital	8.40%	7.54%	7.11%	8.39%	8.47%	7.72%	8.17%	8.97%	4.22%	9.09%	10.09%
Long-Term Debt to Total Capital	39.04%	45.11%	44.64%	43.66%	42.58%	43.90%	42.74%	41.38%	46.58%	41.24%	40.02%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	52.56%	47.35%	48.25%	47.96%	48.95%	48.37%	49.09%	49.65%	49.20%	49.67%	49.88%
Debt to EBITDA	3.42	6.03	5.38	5.19	4.84	4.76	4.62	4.50	4.51	4.34	4.32
Net Debt to EBITDA	3.36	5.96	5.33	5.12	4.78	4.69	4.57	4.45	4.45	4.29	4.26
Long-Term Debt to EBITDA	2.81	5.17	4.64	4.35	4.03	4.05	3.88	3.70	4.13	3.56	3.45
Debt to NOPAT	7.27	12.15	10.50	9.99	9.06	8.87	8.70	8.48	8.61	8.71	8.50
Net Debt to NOPAT	7.15	12.00	10.38	9.85	8.96	8.74	8.62	8.38	8.51	8.60	8.39
Long-Term Debt to NOPAT	5.99	10.41	9.05	8.38	7.56	7.54	7.31	6.97	7.89	7.13	6.78
Altman Z-Score	1.29	0.94	1.14	1.06	1.17	1.18	1.26	1.17	1.26	1.17	1.21
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.48	0.48	0.46	0.38	0.38	0.49	0.46	0.42	0.62	0.45	0.43
Quick Ratio	0.16	0.20	0.19	0.15	0.13	0.20	0.23	0.19	0.23	0.19	0.21
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-48	-966	-981	-1,035	-1,086	-187	-230	-298	-302	-300	-287
Operating Cash Flow to CapEx	73.42%	39.78%	129.26%	86.61%	50.16%	23.20%	75.09%	54.47%	56.02%	30.13%	83.22%
Free Cash Flow to Firm to Interest Expense	-6.79	-61.83	-57.61	-61.58	-63.79	-10.67	-12.71	-16.72	-16.62	-16.30	-15.35
Operating Cash Flow to Interest Expense	4.86	1.29	5.71	4.17	2.95	1.24	4.70	3.04	3.25	1.92	6.31
Operating Cash Flow Less CapEx to Interest Expense	-1.76	-1.95	1.29	-0.64	-2.94	-4.10	-1.56	-2.54	-2.55	-4.46	-1.27
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.31	0.24	0.25	0.26	0.27	0.23	0.24	0.24	0.24	0.25	0.25
Accounts Receivable Turnover	16.96	9.96	10.69	14.64	15.25	10.60	10.16	12.53	13.38	10.44	9.33
Inventory Turnover	8.09	0.00	7.41	7.53	6.91	0.00	1.21	1.57	1.58	9.42	11.71
Fixed Asset Turnover	0.36	0.31	0.32	0.33	0.33	0.30	0.31	0.32	0.31	0.32	0.33
Accounts Payable Turnover	4.64	0.00	4.13	3.76	3.46	0.00	0.50	0.66	0.62	3.01	3.63
Days Sales Outstanding (DSO)	21.52	36.65	34.14	24.93	23.94	34.43	35.91	29.12	27.28	34.97	39.11
Days Inventory Outstanding (DIO)	45.12	0.00	49.23	48.51	52.79	0.00	302.36	232.05	230.92	38.75	31.16
Days Payable Outstanding (DPO)	78.59	0.00	88.37	97.02	105.60	0.00	726.14	555.30	586.27	121.14	100.68
Cash Conversion Cycle (CCC)	-11.94	36.65	-5.00	-23.59	-28.88	34.43	-387.87	-294.13	-328.08	-47.42	-30.41
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,652	2,635	2,670	2,689	2,767	2,871	2,964	3,023	3,102	3,224	3,324
Invested Capital Turnover	0.42	0.31	0.32	0.34	0.34	0.29	0.30	0.30	0.30	0.31	0.31
Increase / (Decrease) in Invested Capital	63	1,004	1,039	1,065	1,115	237	294	334	335	353	360
Enterprise Value (EV)	2,476	3,273	3,738	3,752	4,192	4,196	4,445	4,316	4,732	4,531	4,678
Market Capitalization	1,707	1,905	2,379	2,372	2,802	2,734	2,959	2,813	3,183	2,930	3,040
Book Value per Share	$48.70	$0.07	$57.57	$0.06	$0.06	$0.06	$62.97	$0.06	$0.06	$0.07	$69.00
Tangible Book Value per Share	$45.17	$0.04	$34.02	$0.03	$0.04	$0.04	$40.25	$0.04	$0.04	$0.05	$47.26
Total Capital	1,649	2,632	2,655	2,691	2,755	2,874	2,948	3,020	3,087	3,218	3,311
Total Debt	782	1,386	1,374	1,400	1,406	1,484	1,501	1,520	1,568	1,620	1,660
Total Long-Term Debt	644	1,187	1,185	1,175	1,173	1,262	1,260	1,250	1,438	1,327	1,325
Net Debt	769	1,368	1,359	1,380	1,390	1,461	1,486	1,503	1,550	1,601	1,638
Capital Expenditures (CapEx)	47	51	75	81	100	94	113	100	106	118	142
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-14	-7.20	-15	-35	-37	-1.00	6.10	1.80	-3.90	-2.10	15
Debt-free Net Working Capital (DFNWC)	-12	-2.30	-13	-28	-35	6.90	6.80	3.30	-2.10	-0.30	20
Net Working Capital (NWC)	-151	-201	-202	-254	-268	-215	-234	-268	-132	-293	-315
Net Nonoperating Expense (NNE)	5.14	12	12	11	12	13	13	13	13	7.23	14
Net Nonoperating Obligations (NNO)	785	1,388	1,389	1,398	1,419	1,481	1,517	1,524	1,583	1,626	1,672
Total Depreciation and Amortization (D&A)	20	17	21	22	20	18	27	26	27	28	26
Debt-free, Cash-free Net Working Capital to Revenue	-2.11%	-1.07%	-2.12%	-4.76%	-4.84%	-0.13%	0.73%	0.21%	-0.44%	-0.23%	1.51%
Debt-free Net Working Capital to Revenue	-1.84%	-0.34%	-1.88%	-3.87%	-4.63%	0.88%	0.81%	0.38%	-0.24%	-0.03%	1.99%
Net Working Capital to Revenue	-22.44%	-29.93%	-28.93%	-34.84%	-35.42%	-27.32%	-27.86%	-30.86%	-14.94%	-31.49%	-31.96%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.53	$1.26	$2.07	$0.82	$0.78	$1.61	$2.22	$1.03	$0.82	$1.93	$2.48
Adjusted Weighted Average Basic Shares Outstanding	17.80M	18.37M	22.25M	22.28M	22.50M	22.47M	22.96M	23.31M	23.53M	23.39M	23.94M
Adjusted Diluted Earnings per Share	$0.53	$1.26	$2.07	$0.82	$0.78	$1.59	$2.21	$1.02	$0.82	$1.92	$2.47
Adjusted Weighted Average Diluted Shares Outstanding	17.86M	18.44M	22.31M	22.34M	22.56M	22.53M	23.04M	23.40M	23.63M	23.49M	24.05M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	35.59B	22.24M	44.54B	44.90B	22.78B	22.98M	23.33B	23.54B	23.65B	23.94M	24.00M
Normalized Net Operating Profit after Tax (NOPAT)	15	37	59	30	29	49	64	37	32	53	73
Normalized NOPAT Margin	11.06%	20.17%	23.83%	17.87%	18.41%	22.96%	21.34%	18.95%	18.00%	20.60%	20.69%
Pre Tax Income Margin	9.94%	17.29%	25.54%	15.09%	15.17%	23.09%	23.20%	17.06%	15.03%	24.64%	22.85%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.85	3.05	4.69	2.49	2.43	3.83	4.83	2.85	2.48	4.47	5.32
NOPAT to Interest Expense	2.06	2.39	3.44	1.77	1.73	2.82	3.52	2.05	1.78	2.90	3.91
EBIT Less CapEx to Interest Expense	-3.77	-0.19	0.27	-2.32	-3.46	-1.51	-1.43	-2.74	-3.31	-1.92	-2.27
NOPAT Less CapEx to Interest Expense	-4.56	-0.85	-0.98	-3.05	-4.16	-2.52	-2.73	-3.54	-4.02	-3.49	-3.68
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	44.06%	45.87%	44.76%	47.25%	47.00%	45.70%	45.26%	44.50%	45.15%	43.26%	41.96%
Augmented Payout Ratio	44.06%	45.87%	44.76%	47.25%	47.00%	45.70%	45.26%	44.50%	45.15%	43.26%	41.96%

Financials Breakdown Chart

Key Financial Trends

Chesapeake Utilities (NYSE: CPK) has shown steady operating cash flow and a disciplined capital plan across the last several years. Below are the most notable trends drawn from the quarterly statements (Q1–Q4 2025, with context from earlier years).

Operating cash flow remained positive in every 2025 quarter, demonstrating ongoing cash generation: Net cash from continuing operating activities was about $85.0M (Q1), $54.2M (Q2), $59.1M (Q3), and $35.4M (Q4). This consistency supports the company’s ability to fund capital needs and dividends from core operations.
Heavy but steady capital investment in plant assets supports long-term growth: purchases of property, plant & equipment were roughly $113.8M (Q1 2025), $100.1M (Q2 2025), $108.3M (Q3 2025), and $126.4M (Q4 2025). This indicates ongoing rate-base expansion typical for a regulated utility.
Dividends per share have remained investor-friendly and resilient, with a notable uptick in Q4 2025: cash dividends per share were about $0.64 in the early 2025 quarters and rose to $0.685 in Q4 2025, signaling a commitment to returning capital while funding growth.
Equity financing provided in multiple 2025 quarters, aiding growth funding alongside debt: notable common equity issuances occurred in 2025 quarters (e.g., around $14.9M in Q3, $41.4M in Q2, and $46.9M in Q4), helping to finance capex without excessive leverage.
Balance sheet growth and strength: total assets rose through 2025 (with total assets around the $3.86B level by Q3 2025) and total equity remained solid (total common equity roughly around $1.52B in recent quarters), indicating an expanding asset base supported by equity and debt financing.
Revenue and profitability show stable, seasonally influenced patterns rather than clear secular shifts: 2025 quarters display solid operating revenue and gross profit, with quarterly fluctuations consistent with regulated utility dynamics and weather-driven demand, rather than abrupt changes in core profitability.
Earnings per share exhibit quarterly volatility, though the company remains profitable: 2025 Q4 basic EPS around $1.93 (diluted $1.92) versus earlier 2025 quarters where EPS varied; this reflects changes in mix, volume, and share count year over year.
Leverage remains manageable but rising debt levels echo ongoing capex: long-term debt hovered in the mid-to-upper billions over the period, reflecting ongoing capital investment. The regulatory structure typically supports stable interest costs, but debt levels did trend higher alongside asset growth.
Significant capex reduces near-term free cash flow: investing cash outflows were substantial in 2025 (approximately $100–$126M per quarter), contributing to negative free cash flow in those periods despite strong operating cash flow. This is a common trait for utilities investing in infrastructure, but it can temper near-term liquidity and flexibility.

05/17/26 04:57 PM ETAI Generated. May Contain Errors.

Chesapeake Utilities Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Chesapeake Utilities' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Chesapeake Utilities' net income appears to be on an upward trend, with a most recent value of $140.30 million in 2025, rising from $41.14 million in 2015. The previous period was $118.60 million in 2024. Find out what analysts predict for Chesapeake Utilities in the coming months.

Chesapeake Utilities' total operating income in 2025 was $255.90 million, based on the following breakdown:

Total Gross Profit: $638.50 million
Total Operating Expenses: $382.60 million

Over the last 10 years, Chesapeake Utilities' total revenue changed from $459.24 million in 2015 to $930 million in 2025, a change of 102.5%.

Chesapeake Utilities' total liabilities were at $2.39 billion at the end of 2025, a 9.1% increase from 2024, and a 236.5% increase since 2015.

In the past 10 years, Chesapeake Utilities' cash and equivalents has ranged from $1.80 million in 2025 to $7.90 million in 2024, and is currently $1.80 million as of their latest financial filing in 2025.

Over the last 10 years, Chesapeake Utilities' book value per share changed from 23.46 in 2015 to 0.07 in 2025, a change of -99.7%.

Related Companies

Financial statements for NYSE:CPK last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Chesapeake Utilities (CPK) Financials

Financials Breakdown Chart

Key Financial Trends

Chesapeake Utilities Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Chesapeake Utilities (CPK) Financials

Annual Income Statements for Chesapeake Utilities

Quarterly Income Statements for Chesapeake Utilities

Annual Cash Flow Statements for Chesapeake Utilities

Quarterly Cash Flow Statements for Chesapeake Utilities

Annual Balance Sheets for Chesapeake Utilities

Quarterly Balance Sheets for Chesapeake Utilities

Annual Metrics And Ratios for Chesapeake Utilities

Quarterly Metrics And Ratios for Chesapeake Utilities

Financials Breakdown Chart

Key Financial Trends

Chesapeake Utilities Financials - Frequently Asked Questions

When does Chesapeake Utilities' financial year end?

How has Chesapeake Utilities' net income changed over the last 10 years?

What is Chesapeake Utilities' operating income?

How has Chesapeake Utilities' revenue changed over the last 10 years?

How much debt does Chesapeake Utilities have?

How much cash does Chesapeake Utilities have?

How has Chesapeake Utilities' book value per share changed over the last 10 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools