Unitil (UTL) Financials

$54.80 +0.58 (+1.07%)

Closing price 05/30/2025 03:59 PM Eastern

Extended Trading

$54.80 0.00 (0.00%)

As of 05/30/2025 04:21 PM Eastern

Annual Income Statements for Unitil

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

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Income / (Loss) Attributable to Common Shareholders	47	45	41	36	32	44	33	29	27	26	25
Consolidated Net Income / (Loss)	47	45	41	36	32	125	93	29	27	26	25
Net Income / (Loss) Continuing Operations	47	45	41	36	32	125	93	29	27	26	25
Total Pre-Tax Income	61	58	53	48	42	58	41	47	43	42	39
Total Operating Income	91	87	81	78	71	73	71	75	70	63	60
Total Gross Profit	197	183	169	137	150	348	352	122	117	109	102
Total Revenue	495	557	563	473	419	438	444	406	383	427	426
Operating Revenue	495	557	563	473	419	438	444	406	383	421	420
Total Cost of Revenue	298	374	394	336	269	90	92	284	267	318	324
Operating Cost of Revenue	298	374	394	312	269	67	70	263	247	300	307
Total Operating Expenses	106	96	89	60	78	194	281	47	47	46	42
Depreciation Expense	76	67	63	60	55	52	50	47	47	46	42
Other Operating Expenses / (Income)	30	29	26	-	24	142	231	-	-	-	-
Total Other Income / (Expense), net	-30	-29	-28	-30	-29	-15	30	-29	-28	-21	-21
Interest & Investment Income	-29	-29	-26	-26	-24	-24	-24	-23	-23	-22	-21
Other Income / (Expense), net	-0.20	0.00	-2.40	-4.60	-5.20	8.60	-5.80	-5.80	-5.20	0.50	-0.40
Income Tax Expense	14	13	11	12	10	14	8.39	18	15	15	14
Basic Earnings per Share	$2.93	$2.82	$2.59	$2.35	$2.15	$2.97	$2.23	$2.06	$1.94	$1.89	$1.79
Weighted Average Basic Shares Outstanding	16.10M	16.05M	15.99M	15.37M	14.95M	14.90M	14.80M	14.10M	14M	13.90M	13.80M
Diluted Earnings per Share	$2.93	$2.82	$2.59	$2.35	$2.15	$2.97	$2.23	$2.06	$1.94	$1.89	$1.79
Weighted Average Diluted Shares Outstanding	16.11M	16.05M	16.00M	15.38M	14.95M	14.90M	14.80M	14.10M	14M	13.90M	13.80M
Weighted Average Basic & Diluted Shares Outstanding	16.25M	16.16M	16.08M	15.40M	15M	14.90M	14.80M	14.10M	14M	13.90M	13.80M
Cash Dividends to Common per Share	$1.70	$1.62	$1.56	$1.52	$1.50	$1.48	$1.46	$1.44	$1.42	$1.40	$1.38

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	28	16	0.00	4.30	27	16	1.40	4.20	24	15	0.50
Consolidated Net Income / (Loss)	28	16	0.00	4.30	27	16	1.40	4.20	24	15	0.50
Net Income / (Loss) Continuing Operations	28	16	0.00	4.30	27	16	1.40	4.20	24	15	0.50
Total Pre-Tax Income	37	21	-1.30	4.90	37	20	1.00	4.90	32	19	0.00
Total Operating Income	46	28	5.80	12	44	28	8.00	12	40	26	7.20
Total Gross Profit	76	56	33	38	70	53	32	35	64	54	24
Total Revenue	171	128	93	96	179	130	104	103	220	162	110
Operating Revenue	171	128	93	96	179	130	104	103	220	162	110
Total Cost of Revenue	95	71	60	58	109	77	72	68	157	108	86
Operating Cost of Revenue	95	71	60	58	109	77	72	68	157	114	80
Total Operating Expenses	30	28	27	25	26	25	24	23	24	28	17
Depreciation Expense	22	21	19	18	18	17	17	17	17	16	17
Other Operating Expenses / (Income)	7.90	7.30	7.80	7.10	7.70	7.40	7.00	6.80	7.30	-	-
Total Other Income / (Expense), net	-9.20	-7.30	-7.10	-7.50	-7.60	-7.70	-7.00	-6.90	-7.10	-6.90	-7.20
Interest & Investment Income	-9.10	-7.20	-7.40	-7.40	-7.30	-7.60	-7.00	-7.00	-7.10	-6.40	-6.60
Other Income / (Expense), net	-0.10	-0.10	0.30	-0.10	-0.30	-0.10	0.00	0.10	0.00	-0.50	-0.60
Income Tax Expense	9.50	5.30	-1.30	0.60	9.40	4.60	-0.40	0.70	8.30	4.20	-0.50
Basic Earnings per Share	$1.69	$0.97	$0.00	$0.27	$1.69	$0.97	$0.09	$0.25	$1.51	$0.91	$0.03
Weighted Average Basic Shares Outstanding	16.15M	16.10M	16.10M	16.10M	16.10M	16.05M	16.10M	16M	16M	15.99M	16M
Diluted Earnings per Share	$1.69	$0.97	$0.00	$0.27	$1.69	$0.97	$0.09	$0.25	$1.51	$0.91	$0.03
Weighted Average Diluted Shares Outstanding	16.16M	16.11M	16.10M	16.10M	16.10M	16.05M	16.10M	16M	16M	16.00M	16M
Weighted Average Basic & Diluted Shares Outstanding	16.25M	16.25M	16.19M	16.17M	16.17M	16.16M	16.10M	16.09M	16.09M	16.08M	16.04M
Cash Dividends to Common per Share	$0.45	-	$0.43	$0.43	$0.43	-	$0.41	$0.41	$0.41	-	$0.39

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

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Change in Cash & Equivalents	-0.20	-2.50	2.50	0.50	0.80	-2.60	-1.10	3.10	-2.90	0.30	-1.00
Net Cash From Operating Activities	126	107	98	108	76	105	79	86	68	115	84
Net Cash From Continuing Operating Activities	126	107	98	108	76	105	79	28	68	115	84
Net Income / (Loss) Continuing Operations	47	45	41	36	32	44	33	-29	27	26	25
Consolidated Net Income / (Loss)	47	45	41	36	32	44	33	29	27	26	25
Depreciation Expense	76	67	63	60	55	52	50	47	47	46	42
Non-Cash Adjustments To Reconcile Net Income	-14	9.40	-12	-10	-0.90	-8.70	-1.40	-3.80	-11	-	-
Changes in Operating Assets and Liabilities, net	17	-15	5.30	23	-10	17	-3.50	14	5.70	43	17
Net Cash From Investing Activities	-170	-141	-122	-115	-123	-106	-102	-119	-98	-104	-93
Net Cash From Continuing Investing Activities	-170	-141	-122	-115	-123	-106	-102	-119	-98	-104	-93
Purchase of Property, Plant & Equipment	-170	-141	-122	-115	-123	-119	-102	-119	-98	-104	-93
Net Cash From Financing Activities	44	32	27	7.70	48	-1.70	23	36	27	-11	7.60
Net Cash From Continuing Financing Activities	44	32	27	7.70	48	-1.70	23	36	27	-11	7.60
Repayment of Debt	-6.00	-7.10	-10	-26	-25	-43	-30	-63	-22	-7.40	-35
Payment of Dividends	-28	-26	-25	-24	-23	-22	-22	-20	-20	-20	-19
Issuance of Debt	79	71	52	9.40	96	70	75	89	70	19	57
Issuance of Common Equity	1.10	1.10	1.00	46	1.10	1.10	1.20	33	1.30	1.30	1.20
Other Financing Activities, net	-2.60	-7.30	9.50	2.20	-1.20	-7.30	-0.90	-2.40	-2.50	-4.00	4.40
Cash Interest Paid	31	31	26	26	24	24	25	23	22	22	21
Cash Income Taxes Paid	2.50	0.00	1.20	1.40	0.90	0.80	0.40	0.00	1.60	1.80	1.20

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	3.90	-	3.50	-3.50	-0.20	0.50	-0.80	0.40	-2.60	1.10	2.80
Net Cash From Operating Activities	52	23	26	50	27	28	16	47	15	15	12
Net Cash From Continuing Operating Activities	52	23	26	50	27	28	16	47	15	15	12
Net Income / (Loss) Continuing Operations	28	16	-	4.30	27	16	1.40	4.20	24	15	0.50
Consolidated Net Income / (Loss)	28	16	-	4.30	27	16	1.40	4.20	24	15	0.50
Depreciation Expense	22	21	19	18	18	17	17	17	17	16	17
Non-Cash Adjustments To Reconcile Net Income	23	-12	0.50	6.30	-8.80	-6.10	3.10	11	1.20	-26	-1.30
Changes in Operating Assets and Liabilities, net	-20	-1.20	6.50	21	-9.80	1.60	-5.00	15	-27	11	-4.10
Net Cash From Investing Activities	-104	-56	-57	-37	-20	-48	-36	-35	-22	-40	-37
Net Cash From Continuing Investing Activities	-104	-56	-57	-37	-20	-48	-36	-35	-22	-40	-37
Purchase of Property, Plant & Equipment	-33	-56	-57	-37	-20	-48	-36	-35	-22	-40	-37
Acquisitions	-71	-	-	-	-	-	-	-	-	-	-
Net Cash From Financing Activities	56	32	35	-17	-6.60	20	19	-12	4.70	26	28
Net Cash From Continuing Financing Activities	56	32	35	-17	-6.60	20	19	-11	4.30	26	28
Repayment of Debt	-1.30	98	-101	-1.50	-1.30	-16	11	-1.60	-1.20	-13	5.80
Payment of Dividends	-7.30	-6.90	-6.90	-6.90	-6.80	-6.60	-6.50	-6.60	-6.50	-6.20	-6.30
Issuance of Debt	67	-56	139	-12	7.90	46	9.30	-8.50	24	52	18
Issuance of Common Equity	0.30	0.40	0.10	0.30	0.30	0.30	0.20	0.30	0.30	0.20	0.30
Other Financing Activities, net	-3.20	-2.60	3.20	3.50	-6.70	-4.40	4.50	5.10	-13	-6.80	11
Cash Interest Paid	10	7.60	6.90	9.70	7.00	8.90	6.50	8.80	6.70	8.30	4.90
Cash Income Taxes Paid	0.00	-	-	2.50	0.00	-	-	-	0.00	-	0.10

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

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Total Assets	1,795	1,670	1,590	1,540	1,478	1,371	1,298	1,242	1,128	1,039	1,000
Total Current Assets	189	177	195	160	139	131	152	151	132	121	145
Cash & Equivalents	6.30	6.50	9.00	6.50	6.00	5.20	7.80	8.90	5.80	8.70	8.40
Accounts Receivable	159	148	165	136	118	111	130	127	111	99	124
Inventories, net	15	15	13	9.60	9.10	8.70	7.80	7.50	7.40	0.80	1.10
Prepaid Expenses	8.40	8.30	8.00	8.10	6.40	5.80	7.00	8.40	7.70	12	12
Plant, Property, & Equipment, net	1,540	1,421	1,332	1,257	1,193	1,112	1,037	972	883	809	734
Plant, Property & Equipment, gross	2,051	1,908	1,791	1,689	1,595	1,468	2,656	1,279	2,311	2,126	1,945
Accumulated Depreciation	512	487	460	432	402	356	333	308	290	272	255
Total Noncurrent Assets	66	72	64	123	1,339	128	109	119	113	109	121
Other Noncurrent Operating Assets	66	72	64	123	1,339	128	109	119	113	109	121
Total Liabilities & Shareholders' Equity	1,795	1,670	1,590	1,540	1,478	1,371	1,298	1,242	1,128	1,039	1,000
Total Liabilities	1,282	1,181	1,123	1,092	1,089	994	947	905	835	756	727
Total Current Liabilities	229	277	260	174	136	160	193	151	177	144	129
Short-Term Debt	111	167	123	72	63	78	101	71	102	62	34
Accounts Payable	50	48	69	52	33	38	43	42	32	33	44
Accrued Expenses	0.70	0.60	0.60	0.50	0.30	0.60	0.60	0.50	0.40	1.30	3.50
Current Deferred & Payable Income Tax Liabilities	0.00	1.90	0.40	-	-	-	-	-	-	-	3.20
Other Current Liabilities	59	54	68	48	39	44	48	38	42	48	45
Other Current Nonoperating Liabilities	8.40	6.00	-	-	-	-	-	-	-	-	-
Total Noncurrent Liabilities	1,053	904	863	918	953	834	755	754	658	612	597
Long-Term Debt	638	509	489	498	523	438	387	376	317	306	329
Capital Lease Obligations	4.90	3.70	2.80	-	-	-	-	5.70	8.30	11	7.50
Asset Retirement Reserve & Litigation Obligation	193	165	157	152	151	145	139	135	81	80	66
Noncurrent Deferred & Payable Income Tax Liabilities	186	176	163	128	109	104	98	83	98	88	73
Noncurrent Employee Benefit Liabilities	26	46	47	134	162	142	122	150	149	124	119
Other Noncurrent Operating Liabilities	5.30	4.60	3.80	6.60	6.90	6.50	8.70	4.30	5.10	3.60	3.70
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	513	489	468	449	389	377	351	337	293	283	273
Total Preferred & Common Equity	513	489	468	449	389	377	351	337	293	283	273
Preferred Stock	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20
Total Common Equity	512	489	467	448	389	377	351	337	293	283	273
Common Stock	341	338	335	332	285	283	279	276	241	238	235
Retained Earnings	171	152	133	116	104	94	72	61	52	45	38

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

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	1,891	1,737	1,695	1,698	1,620	1,595	1,615	1,579
Total Current Assets	196	163	160	189	156	161	198	151
Cash & Equivalents	10	6.30	2.80	6.30	6.00	6.80	6.80	7.90
Accounts Receivable	158	131	132	158	129	129	169	124
Inventories, net	17	15	15	14	14	14	13	12
Prepaid Expenses	11	6.90	11	11	7.60	11	9.40	7.20
Plant, Property, & Equipment, net	1,619	1,502	1,455	1,430	1,390	1,358	1,341	1,304
Plant, Property & Equipment, gross	2,141	2,015	1,955	1,923	1,874	1,832	1,808	1,757
Accumulated Depreciation	522	512	500	493	484	475	466	453
Total Noncurrent Assets	76	72	80	79	74	76	76	125
Other Noncurrent Operating Assets	76	72	80	79	74	76	76	125
Total Liabilities & Shareholders' Equity	1,891	1,737	1,695	1,698	1,620	1,595	1,615	1,579
Total Liabilities	1,357	1,235	1,186	1,187	1,140	1,111	1,128	1,120
Total Current Liabilities	295	179	274	277	243	238	254	194
Short-Term Debt	178	69	163	175	137	139	147	80
Accounts Payable	43	36	37	38	36	37	46	35
Accrued Expenses	0.70	0.80	0.70	0.70	0.60	0.60	0.60	0.60
Current Deferred & Payable Income Tax Liabilities	10	0.00	8.00	8.90	0.70	2.30	1.20	0.00
Other Current Liabilities	55	66	60	47	64	55	52	71
Other Current Nonoperating Liabilities	7.90	7.40	6.00	7.20	6.50	5.20	6.10	6.50
Total Noncurrent Liabilities	1,062	1,056	912	911	897	873	875	927
Long-Term Debt	637	638	506	508	509	486	488	493
Capital Lease Obligations	4.40	-	-	-	-	-	-	-
Asset Retirement Reserve & Litigation Obligation	204	190	172	169	165	163	160	156
Noncurrent Deferred & Payable Income Tax Liabilities	185	177	179	179	174	171	171	136
Noncurrent Employee Benefit Liabilities	26	43	46	46	41	44	47	135
Other Noncurrent Operating Liabilities	5.90	8.40	8.30	8.80	8.40	8.30	8.60	6.60
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	534	502	509	511	480	484	486	459
Total Preferred & Common Equity	534	502	509	511	480	484	486	459
Preferred Stock	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20
Total Common Equity	534	502	509	511	480	484	486	459
Common Stock	343	340	339	339	337	337	336	334
Retained Earnings	191	162	169	172	143	148	150	124

This table displays calculated financial ratios and metrics derived from Unitil's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-11.18%	-1.08%	18.99%	13.07%	-4.47%	-1.33%	9.33%	5.95%	-10.17%	0.23%	16.05%
EBITDA Growth	7.77%	9.81%	6.03%	9.94%	-9.72%	15.46%	-0.60%	4.39%	2.10%	7.47%	11.03%
EBIT Growth	3.79%	11.52%	6.69%	10.57%	-18.97%	24.92%	-6.03%	7.08%	2.20%	6.71%	12.24%
NOPAT Growth	3.60%	6.40%	7.38%	8.82%	-2.66%	-1.86%	20.72%	4.87%	12.85%	3.73%	13.44%
Net Income Growth	4.20%	9.18%	14.68%	12.11%	-74.32%	35.41%	219.33%	6.83%	3.22%	6.48%	14.35%
EPS Growth	3.90%	8.88%	10.21%	9.30%	-27.61%	33.18%	8.25%	6.19%	2.65%	5.59%	14.01%
Operating Cash Flow Growth	17.66%	9.52%	-9.37%	42.40%	-27.84%	33.63%	-8.93%	26.21%	-40.66%	37.02%	-12.77%
Free Cash Flow Firm Growth	-8.51%	-1,334.31%	-99.81%	199.04%	-201,218.77%	-89.47%	128.86%	-21.35%	-174.61%	125.07%	-46.25%
Invested Capital Growth	8.57%	8.88%	6.04%	-53.20%	143.77%	6.62%	6.53%	9.38%	9.39%	2.78%	4.70%
Revenue Q/Q Growth	-0.42%	-5.42%	4.01%	5.08%	0.12%	-2.06%	2.35%	2.81%	0.50%	-3.92%	2.41%
EBITDA Q/Q Growth	2.46%	2.79%	0.43%	1.76%	3.52%	0.22%	-1.53%	2.28%	2.20%	-0.36%	-0.20%
EBIT Q/Q Growth	0.44%	3.08%	-0.13%	1.53%	5.25%	0.37%	-4.53%	3.57%	4.00%	-1.70%	-2.30%
NOPAT Q/Q Growth	-0.66%	2.40%	-0.23%	1.62%	4.57%	-0.42%	2.09%	-2.14%	14.37%	-3.02%	-1.01%
Net Income Q/Q Growth	0.21%	2.26%	0.00%	2.56%	-71.04%	21.27%	178.94%	3.40%	3.61%	-0.38%	-3.52%
EPS Q/Q Growth	0.00%	2.17%	0.00%	0.43%	6.44%	1.02%	-2.19%	3.00%	3.19%	-1.05%	-3.24%
Operating Cash Flow Q/Q Growth	-3.82%	14.19%	3.28%	11.48%	-13.58%	4.17%	-3.68%	7.35%	1.64%	2.77%	-11.39%
Free Cash Flow Firm Q/Q Growth	-101.80%	4.71%	-81.49%	10,835.68%	-3,820.98%	-95.74%	158.28%	-381.56%	44.19%	10.48%	-55.02%
Invested Capital Q/Q Growth	4.75%	3.79%	4.12%	3.34%	131.95%	4.45%	3.02%	5.24%	3.49%	5.07%	5.80%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	39.73%	32.85%	30.01%	29.01%	35.79%	79.48%	79.31%	30.11%	30.46%	25.49%	23.98%
EBITDA Margin	33.65%	27.73%	24.98%	28.04%	28.83%	30.51%	26.08%	28.68%	29.11%	25.61%	23.88%
Operating Margin	18.31%	15.63%	14.29%	16.44%	17.06%	16.68%	16.03%	18.56%	18.31%	14.78%	14.09%
EBIT Margin	18.27%	15.63%	13.87%	15.47%	15.81%	18.64%	14.73%	17.13%	16.95%	14.90%	14.00%
Profit (Net Income) Margin	9.52%	8.11%	7.35%	7.63%	7.69%	28.62%	20.85%	7.14%	7.08%	6.16%	5.80%
Tax Burden Percent	77.09%	77.40%	78.71%	75.84%	75.94%	216.21%	223.69%	62.37%	63.87%	63.07%	63.82%
Interest Burden Percent	67.59%	67.05%	67.35%	65.03%	64.05%	70.99%	63.30%	66.81%	65.38%	65.57%	64.93%
Effective Tax Rate	22.91%	22.60%	21.29%	24.16%	24.06%	23.79%	20.27%	37.63%	36.13%	37.03%	36.16%
Return on Invested Capital (ROIC)	5.73%	6.01%	6.08%	3.72%	3.56%	6.48%	7.04%	6.29%	6.56%	6.17%	6.17%
ROIC Less NNEP Spread (ROIC-NNEP)	2.56%	2.56%	2.32%	1.76%	1.63%	20.54%	14.79%	2.12%	2.09%	2.50%	2.30%
Return on Net Nonoperating Assets (RNNOA)	3.67%	3.43%	2.96%	4.90%	4.85%	27.97%	19.88%	2.92%	2.87%	3.29%	3.00%
Return on Equity (ROE)	9.40%	9.45%	9.04%	8.62%	8.41%	34.45%	26.92%	9.21%	9.43%	9.46%	9.17%
Cash Return on Invested Capital (CROIC)	-2.48%	-2.49%	0.22%	76.20%	-80.09%	0.07%	0.71%	-2.67%	-2.41%	3.43%	1.58%
Operating Return on Assets (OROA)	5.22%	5.34%	4.99%	4.85%	4.65%	6.12%	5.15%	5.87%	6.00%	6.24%	6.21%
Return on Assets (ROA)	2.72%	2.77%	2.64%	2.39%	2.26%	9.40%	7.29%	2.45%	2.51%	2.58%	2.57%
Return on Common Equity (ROCE)	9.40%	9.44%	9.03%	8.61%	8.40%	34.43%	26.90%	9.20%	9.42%	9.45%	9.17%
Return on Equity Simple (ROE_SIMPLE)	9.19%	9.24%	8.85%	8.05%	8.27%	33.28%	26.36%	8.61%	9.26%	9.30%	9.04%
Net Operating Profit after Tax (NOPAT)	70	67	63	59	54	56	57	47	45	40	38
NOPAT Margin	14.11%	12.10%	11.25%	12.47%	12.95%	12.71%	12.78%	11.58%	11.70%	9.31%	9.00%
Net Nonoperating Expense Percent (NNEP)	3.17%	3.46%	3.76%	1.96%	1.93%	-14.06%	-7.75%	4.17%	4.47%	3.67%	3.87%
Return On Investment Capital (ROIC_SIMPLE)	5.51%	5.77%	5.85%	-	-	-	-	-	-	-	-
Cost of Revenue to Revenue	60.27%	67.15%	69.99%	70.99%	64.21%	20.52%	20.69%	69.89%	69.54%	74.51%	76.02%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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	21.42%	17.21%	15.71%	12.57%	18.73%	44.27%	63.27%	11.55%	12.15%	10.71%	9.89%
Earnings before Interest and Taxes (EBIT)	90	87	78	73	66	82	65	70	65	64	60
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	167	155	141	133	121	134	116	117	112	109	102
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.71	1.68	1.66	1.49	1.51	2.09	1.78	1.54	1.70	1.34	1.36
Price to Tangible Book Value (P/TBV)	1.71	1.68	1.66	1.49	1.51	2.09	1.78	1.54	1.70	1.34	1.36
Price to Revenue (P/Rev)	1.77	1.47	1.37	1.42	1.40	1.80	1.41	1.28	1.30	0.89	0.87
Price to Earnings (P/E)	18.63	18.15	18.69	18.55	18.21	17.82	18.98	17.91	18.41	14.42	14.99
Dividend Yield	3.14%	3.18%	4.04%	3.62%	3.84%	2.80%	3.47%	3.91%	4.00%	5.16%	5.18%
Earnings Yield	5.37%	5.51%	5.35%	5.39%	5.49%	5.61%	5.27%	5.58%	5.43%	6.94%	6.67%
Enterprise Value to Invested Capital (EV/IC)	1.28	1.28	1.29	1.22	0.54	1.46	1.33	1.23	1.29	1.15	1.15
Enterprise Value to Revenue (EV/Rev)	3.28	2.68	2.45	2.61	2.79	2.96	2.49	2.37	2.40	1.76	1.72
Enterprise Value to EBITDA (EV/EBITDA)	9.76	9.67	9.81	9.30	9.67	9.71	9.56	8.27	8.24	6.86	7.20
Enterprise Value to EBIT (EV/EBIT)	17.98	17.15	17.67	16.85	17.63	15.89	16.93	13.85	14.15	11.78	12.29
Enterprise Value to NOPAT (EV/NOPAT)	23.27	22.16	21.78	20.91	21.52	23.30	19.51	20.50	20.52	18.86	19.12
Enterprise Value to Operating Cash Flow (EV/OCF)	12.91	13.96	14.12	11.44	15.42	12.38	14.11	11.18	13.47	6.51	8.72
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	610.68	1.02	0.00	2,137.83	192.05	0.00	0.00	33.97	74.70
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.47	1.39	1.31	1.27	1.51	1.37	1.39	1.35	1.46	1.34	1.35
Long-Term Debt to Equity	1.26	1.05	1.05	1.11	1.34	1.16	1.10	1.13	1.11	1.12	1.23
Financial Leverage	1.43	1.34	1.28	2.79	2.98	1.36	1.34	1.37	1.37	1.32	1.31
Leverage Ratio	3.46	3.41	3.42	3.60	3.72	3.67	3.69	3.76	3.76	3.67	3.57
Compound Leverage Factor	2.34	2.28	2.30	2.34	2.38	2.60	2.34	2.51	2.46	2.40	2.32
Debt to Total Capital	59.53%	58.14%	56.79%	55.97%	60.10%	57.78%	58.17%	57.37%	59.29%	57.25%	57.53%
Short-Term Debt to Total Capital	8.74%	14.28%	11.34%	7.10%	6.48%	8.75%	12.05%	9.01%	14.13%	9.40%	5.25%
Long-Term Debt to Total Capital	50.79%	43.87%	45.45%	48.87%	53.62%	49.03%	46.12%	48.35%	45.16%	47.85%	52.28%
Preferred Equity to Total Capital	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%	0.03%	0.03%	0.03%
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	40.45%	41.84%	43.19%	44.01%	39.88%	42.20%	41.80%	42.61%	40.69%	42.72%	42.44%
Debt to EBITDA	4.53	4.40	4.37	4.30	4.86	3.86	4.22	3.89	3.82	3.46	3.64
Net Debt to EBITDA	4.49	4.36	4.30	4.25	4.81	3.82	4.15	3.81	3.77	3.39	3.56
Long-Term Debt to EBITDA	3.86	3.32	3.50	3.75	4.33	3.27	3.35	3.28	2.91	2.90	3.31
Debt to NOPAT	10.80	10.08	9.70	9.66	10.81	9.26	8.61	9.64	9.52	9.53	9.67
Net Debt to NOPAT	10.71	9.99	9.56	9.55	10.70	9.16	8.47	9.45	9.39	9.31	9.45
Long-Term Debt to NOPAT	9.21	7.61	7.76	8.44	9.65	7.85	6.82	8.12	7.25	7.97	8.78
Altman Z-Score	0.96	0.98	1.00	0.93	0.86	1.06	0.95	0.93	0.90	0.95	1.00
Noncontrolling Interest Sharing Ratio	0.04%	0.04%	0.04%	0.05%	0.05%	0.05%	0.06%	0.06%	0.07%	0.07%	0.07%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.83	0.64	0.75	0.92	1.02	0.82	0.79	1.00	0.74	0.84	1.12
Quick Ratio	0.72	0.56	0.67	0.82	0.91	0.73	0.71	0.90	0.66	0.75	1.02
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-30	-28	2.26	1,210	-1,221	0.61	5.77	-20	-16	22	9.80
Operating Cash Flow to CapEx	74.10%	75.89%	80.02%	93.74%	61.75%	88.00%	76.66%	72.25%	69.62%	110.78%	90.71%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.29	0.34	0.36	0.31	0.29	0.33	0.35	0.34	0.35	0.42	0.44
Accounts Receivable Turnover	3.23	3.57	3.75	3.74	3.66	3.64	3.47	3.43	3.65	3.82	3.49
Inventory Turnover	20.01	27.01	34.58	35.94	30.20	10.90	12.01	38.11	65.02	334.74	88.68
Fixed Asset Turnover	0.33	0.40	0.44	0.39	0.36	0.41	0.44	0.44	0.45	0.55	0.61
Accounts Payable Turnover	6.12	6.43	6.52	7.85	7.59	2.24	2.19	7.68	8.12	8.21	7.87
Days Sales Outstanding (DSO)	113.09	102.34	97.24	97.67	99.84	100.29	105.24	106.57	99.96	95.57	104.49
Days Inventory Outstanding (DIO)	18.24	13.51	10.56	10.16	12.09	33.50	30.38	9.58	5.61	1.09	4.12
Days Payable Outstanding (DPO)	59.61	56.74	56.02	46.49	48.07	162.81	167.01	47.51	44.97	44.48	46.40
Cash Conversion Cycle (CCC)	71.71	59.12	51.78	61.33	63.85	-29.03	-31.38	68.64	60.60	52.18	62.21
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,269	1,169	1,073	1,012	2,163	887	832	781	714	653	635
Invested Capital Turnover	0.41	0.50	0.54	0.30	0.27	0.51	0.55	0.54	0.56	0.66	0.69
Increase / (Decrease) in Invested Capital	100	95	61	-1,151	1,276	55	51	67	61	18	29
Enterprise Value (EV)	1,625	1,494	1,380	1,234	1,167	1,298	1,107	964	920	749	732
Market Capitalization	877	820	774	670	586	788	626	519	499	379	370
Book Value per Share	$31.64	$30.38	$29.14	$28.07	$25.92	$25.23	$23.61	$23.84	$20.83	$20.21	$19.64
Tangible Book Value per Share	$31.64	$30.38	$29.14	$28.07	$25.92	$25.23	$23.61	$23.84	$20.83	$20.21	$19.64
Total Capital	1,267	1,169	1,082	1,019	976	892	840	790	720	662	644
Total Debt	754	680	615	570	586	516	489	453	427	379	370
Total Long-Term Debt	643	513	492	498	523	438	387	382	325	317	336
Net Debt	748	673	606	564	580	510	481	444	421	370	362
Capital Expenditures (CapEx)	170	141	122	115	123	119	102	119	98	104	93
Debt-free, Cash-free Net Working Capital (DFCFNWC)	65	60	48	52	60	44	53	63	51	30	41
Debt-free Net Working Capital (DFNWC)	71	67	57	59	66	49	61	72	56	38	50
Net Working Capital (NWC)	-40	-100	-65	-14	3.20	-29	-40	0.30	-45	-24	16
Net Nonoperating Expense (NNE)	23	22	22	23	22	-70	-36	18	18	13	14
Net Nonoperating Obligations (NNO)	756	679	606	564	1,774	510	481	444	421	370	362
Total Depreciation and Amortization (D&A)	76	67	63	60	55	52	50	47	47	46	42
Debt-free, Cash-free Net Working Capital to Revenue	13.04%	10.81%	8.59%	10.99%	14.43%	10.04%	11.96%	15.41%	13.20%	6.96%	9.68%
Debt-free Net Working Capital to Revenue	14.31%	11.97%	10.19%	12.36%	15.86%	11.23%	13.71%	17.60%	14.71%	9.00%	11.65%
Net Working Capital to Revenue	-8.06%	-17.99%	-11.59%	-2.92%	0.76%	-6.60%	-9.07%	0.07%	-11.82%	-5.58%	3.71%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.93	$2.82	$2.59	$2.35	$2.15	$2.97	$2.23	$2.06	$1.94	$1.89	$1.79
Adjusted Weighted Average Basic Shares Outstanding	16.10M	16.05M	15.99M	15.98M	15.01M	14.93M	14.88M	14.82M	14.07M	13.99M	13.92M
Adjusted Diluted Earnings per Share	$2.93	$2.82	$2.59	$2.35	$2.15	$2.97	$2.23	$2.06	$1.94	$1.89	$1.79
Adjusted Weighted Average Diluted Shares Outstanding	16.11M	16.05M	16.00M	15.98M	15.01M	14.93M	14.88M	14.82M	14.07M	13.99M	13.92M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$2.35	$2.15	$2.97	$2.23	$2.06	$1.94	$1.89	$1.79
Adjusted Weighted Average Basic & Diluted Shares Outstanding	16.25M	16.16M	16.08M	15.40M	15M	14.90M	14.80M	14.10M	14M	13.90M	13.80M
Normalized Net Operating Profit after Tax (NOPAT)	70	67	63	59	54	56	57	47	45	40	38
Normalized NOPAT Margin	14.11%	12.10%	11.25%	12.47%	12.95%	12.71%	12.78%	11.58%	11.70%	9.31%	9.00%
Pre Tax Income Margin	12.35%	10.48%	9.34%	10.06%	10.13%	13.24%	9.32%	11.45%	11.09%	9.77%	9.09%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	58.39%	57.96%	60.63%	65.37%	70.19%	17.62%	23.54%	70.34%	73.68%	74.52%	77.73%
Augmented Payout Ratio	58.39%	57.96%	60.63%	65.37%	70.19%	17.62%	23.54%	70.34%	73.68%	74.52%	77.73%

This table displays calculated financial ratios and metrics derived from Unitil's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.42%	-1.62%	-10.59%	-7.45%	-18.85%	-19.75%	-5.72%	4.55%	14.33%	15.52%	12.33%
EBITDA Growth	9.53%	8.89%	1.61%	6.67%	10.14%	10.29%	6.90%	9.20%	11.07%	1.49%	10.48%
EBIT Growth	5.01%	1.44%	-23.75%	3.36%	11.14%	10.36%	21.21%	5.31%	12.54%	-0.40%	6.45%
NOPAT Growth	4.54%	-1.81%	-63.75%	7.59%	11.80%	8.00%	122.22%	-13.27%	10.32%	-0.96%	0.00%
Net Income Growth	1.10%	0.65%	-100.00%	2.38%	12.86%	6.90%	180.00%	-14.29%	12.09%	0.00%	0.00%
EPS Growth	0.00%	0.00%	-100.00%	8.00%	11.92%	6.59%	200.00%	-16.67%	11.85%	0.00%	0.00%
Operating Cash Flow Growth	95.86%	-17.67%	60.12%	5.94%	73.86%	88.67%	39.32%	12.41%	-47.42%	26.05%	1.74%
Free Cash Flow Firm Growth	-165.16%	-7.03%	3.17%	25.44%	28.43%	-79.06%	-81.37%	-78.17%	-21.31%	-103.52%	-10.25%
Invested Capital Growth	12.77%	8.57%	7.58%	6.64%	6.59%	8.88%	9.23%	9.28%	8.38%	6.04%	5.24%
Revenue Q/Q Growth	33.96%	37.24%	-2.93%	-46.45%	37.89%	24.74%	0.48%	-53.04%	36.35%	46.55%	11.43%
EBITDA Q/Q Growth	38.37%	94.44%	-17.11%	-50.89%	37.56%	81.45%	-12.98%	-49.29%	37.75%	75.86%	-11.11%
EBIT Q/Q Growth	64.06%	360.66%	-50.41%	-71.98%	58.48%	246.25%	-32.77%	-69.87%	57.37%	280.30%	-41.59%
NOPAT Q/Q Growth	63.13%	418.44%	-62.69%	-66.87%	53.23%	91.41%	10.73%	-65.58%	48.01%	293.85%	-56.78%
Net Income Q/Q Growth	76.28%	0.00%	-100.00%	-84.19%	75.48%	1,007.14%	-66.67%	-82.57%	66.21%	2,800.00%	-89.80%
EPS Q/Q Growth	74.23%	0.00%	-100.00%	-84.02%	74.23%	977.78%	-64.00%	-83.44%	65.93%	2,933.33%	-90.00%
Operating Cash Flow Q/Q Growth	123.61%	-10.73%	-47.70%	87.59%	-6.01%	73.62%	-65.39%	207.84%	2.00%	28.21%	-72.08%
Free Cash Flow Firm Q/Q Growth	-50.11%	2.69%	-29.74%	-52.91%	41.63%	11.96%	0.10%	-46.78%	-38.71%	10.83%	1.86%
Invested Capital Q/Q Growth	6.51%	4.75%	2.54%	-1.11%	2.54%	3.79%	1.64%	-1.16%	4.42%	4.12%	1.70%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	44.38%	44.24%	35.20%	39.29%	39.12%	40.51%	30.61%	34.04%	28.84%	33.25%	21.60%
EBITDA Margin	39.70%	38.43%	27.13%	31.77%	34.64%	34.72%	23.87%	27.56%	25.52%	25.26%	21.05%
Operating Margin	27.05%	22.12%	6.24%	12.96%	24.73%	21.45%	7.70%	11.41%	17.94%	15.85%	6.53%
EBIT Margin	26.99%	22.04%	6.57%	12.85%	24.57%	21.37%	7.70%	11.51%	17.94%	15.54%	5.99%
Profit (Net Income) Margin	16.10%	12.24%	0.00%	4.49%	15.22%	11.96%	1.35%	4.06%	10.94%	8.98%	0.45%
Tax Burden Percent	74.32%	74.64%	0.00%	87.76%	74.32%	77.11%	140.00%	85.71%	74.38%	77.54%	0.00%
Interest Burden Percent	80.26%	74.38%	-21.31%	39.84%	83.37%	72.56%	12.50%	41.18%	82.03%	74.50%	0.00%
Effective Tax Rate	25.68%	25.36%	0.00%	12.24%	25.68%	22.89%	-40.00%	14.29%	25.62%	22.46%	0.00%
Return on Invested Capital (ROIC)	7.68%	6.70%	1.86%	5.05%	8.19%	8.22%	5.89%	5.49%	7.32%	6.64%	2.46%
ROIC Less NNEP Spread (ROIC-NNEP)	6.77%	5.94%	1.26%	4.03%	7.33%	7.30%	4.28%	4.48%	6.44%	5.72%	1.65%
Return on Net Nonoperating Assets (RNNOA)	9.75%	8.52%	1.74%	5.26%	9.69%	9.80%	5.55%	5.54%	8.14%	7.31%	2.04%
Return on Equity (ROE)	17.43%	15.22%	3.60%	10.30%	17.88%	18.02%	11.44%	11.03%	15.46%	13.94%	4.50%
Cash Return on Invested Capital (CROIC)	-6.40%	-2.48%	-1.28%	-0.18%	-0.26%	-2.49%	-2.71%	-2.74%	-1.91%	0.22%	1.21%
Operating Return on Assets (OROA)	7.32%	6.29%	1.94%	3.97%	7.65%	7.30%	2.84%	4.36%	6.69%	5.59%	2.10%
Return on Assets (ROA)	4.37%	3.49%	0.00%	1.39%	4.74%	4.09%	0.50%	1.54%	4.08%	3.23%	0.16%
Return on Common Equity (ROCE)	17.42%	15.21%	3.59%	10.30%	17.87%	18.01%	11.44%	11.02%	15.45%	13.94%	4.50%
Return on Equity Simple (ROE_SIMPLE)	8.87%	0.00%	9.36%	9.51%	9.46%	0.00%	9.21%	8.94%	9.05%	0.00%	9.02%
Net Operating Profit after Tax (NOPAT)	34	21	4.06	11	33	21	11	10	29	20	5.04
NOPAT Margin	20.10%	16.51%	4.37%	11.37%	18.38%	16.54%	10.78%	9.78%	13.34%	12.29%	4.57%
Net Nonoperating Expense Percent (NNEP)	0.91%	0.76%	0.60%	1.02%	0.86%	0.92%	1.61%	1.01%	0.88%	0.92%	0.82%
Return On Investment Capital (ROIC_SIMPLE)	2.54%	1.66%	-	-	-	1.83%	-	-	-	1.83%	-
Cost of Revenue to Revenue	55.62%	55.76%	64.80%	60.71%	60.88%	59.49%	69.39%	65.96%	71.16%	66.75%	78.40%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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	17.33%	22.12%	28.96%	26.33%	14.38%	19.06%	22.91%	22.63%	10.90%	17.40%	15.06%
Earnings before Interest and Taxes (EBIT)	46	28	6.10	12	44	28	8.00	12	40	25	6.60
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	68	49	25	30	62	45	25	29	56	41	23
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.76	1.71	1.95	1.63	1.63	1.68	1.39	1.62	1.80	1.66	1.51
Price to Tangible Book Value (P/TBV)	1.76	1.71	1.95	1.63	1.63	1.68	1.39	1.62	1.80	1.66	1.51
Price to Revenue (P/Rev)	1.92	1.77	1.97	1.64	1.61	1.47	1.13	1.32	1.48	1.37	1.28
Price to Earnings (P/E)	19.77	18.63	20.85	17.18	17.19	18.15	15.06	18.10	19.88	18.69	16.77
Dividend Yield	2.99%	3.14%	2.77%	3.23%	3.18%	3.18%	4.82%	4.07%	3.61%	4.04%	3.58%
Earnings Yield	5.06%	5.37%	4.80%	5.82%	5.82%	5.51%	6.64%	5.53%	5.03%	5.35%	5.96%
Enterprise Value to Invested Capital (EV/IC)	1.29	1.28	1.39	1.27	1.26	1.28	1.16	1.27	1.34	1.29	1.22
Enterprise Value to Revenue (EV/Rev)	3.59	3.28	3.38	2.95	2.92	2.68	2.22	2.35	2.54	2.45	2.33
Enterprise Value to EBITDA (EV/EBITDA)	10.13	9.76	10.35	9.24	9.40	9.67	8.68	9.43	10.27	9.81	8.99
Enterprise Value to EBIT (EV/EBIT)	18.86	17.98	18.68	16.30	16.47	17.15	15.45	16.87	18.22	17.67	16.11
Enterprise Value to NOPAT (EV/NOPAT)	24.47	23.27	23.91	20.97	21.27	22.16	19.83	21.56	22.76	21.78	19.84
Enterprise Value to Operating Cash Flow (EV/OCF)	11.54	12.91	12.84	12.37	12.74	13.96	13.93	15.73	17.92	14.12	13.32
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	610.68	103.22
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.53	1.47	1.41	1.32	1.34	1.39	1.35	1.29	1.31	1.31	1.25
Long-Term Debt to Equity	1.20	1.26	1.27	1.00	0.99	1.05	1.06	1.00	1.00	1.05	1.07
Financial Leverage	1.44	1.43	1.38	1.30	1.32	1.34	1.30	1.24	1.26	1.28	1.24
Leverage Ratio	3.43	3.46	3.42	3.31	3.32	3.41	3.41	3.31	3.33	3.42	3.44
Compound Leverage Factor	2.76	2.57	-0.73	1.32	2.77	2.47	0.43	1.36	2.73	2.55	0.00
Debt to Total Capital	60.54%	59.53%	58.48%	56.80%	57.20%	58.14%	57.36%	56.33%	56.62%	56.79%	55.55%
Short-Term Debt to Total Capital	13.14%	8.74%	5.72%	13.81%	14.65%	14.28%	12.13%	12.50%	13.10%	11.34%	7.77%
Long-Term Debt to Total Capital	47.40%	50.79%	52.76%	42.99%	42.56%	43.87%	45.23%	43.83%	43.52%	45.45%	47.78%
Preferred Equity to Total Capital	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
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	39.45%	40.45%	41.50%	43.18%	42.78%	41.84%	42.62%	43.65%	43.36%	43.19%	44.43%
Debt to EBITDA	4.75	4.53	4.35	4.13	4.26	4.40	4.29	4.20	4.34	4.37	4.09
Net Debt to EBITDA	4.69	4.49	4.32	4.11	4.22	4.36	4.25	4.16	4.29	4.30	4.04
Long-Term Debt to EBITDA	3.72	3.86	3.93	3.12	3.17	3.32	3.39	3.27	3.34	3.50	3.52
Debt to NOPAT	11.48	10.80	10.06	9.37	9.64	10.08	9.80	9.61	9.61	9.70	9.03
Net Debt to NOPAT	11.34	10.71	9.98	9.33	9.55	9.99	9.71	9.50	9.51	9.56	8.90
Long-Term Debt to NOPAT	8.99	9.21	9.08	7.09	7.17	7.61	7.73	7.48	7.39	7.76	7.76
Altman Z-Score	0.83	0.84	0.89	0.80	0.89	0.86	0.79	0.89	1.00	0.89	0.81
Noncontrolling Interest Sharing Ratio	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.66	0.83	0.91	0.58	0.68	0.64	0.64	0.68	0.78	0.75	0.78
Quick Ratio	0.57	0.72	0.76	0.49	0.60	0.56	0.55	0.57	0.69	0.67	0.68
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-119	-79	-81	-63	-41	-74	-84	-84	-57	-41	-46
Operating Cash Flow to CapEx	159.82%	41.91%	45.47%	135.97%	131.68%	59.45%	45.53%	133.05%	68.92%	37.88%	31.45%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.27	0.29	0.30	0.31	0.31	0.34	0.37	0.38	0.37	0.36	0.35
Accounts Receivable Turnover	3.08	3.23	3.83	3.89	3.16	3.57	4.66	4.91	3.84	3.75	4.94
Inventory Turnover	18.47	20.01	23.18	24.18	25.80	27.01	33.65	36.18	38.29	34.58	37.87
Fixed Asset Turnover	0.32	0.33	0.34	0.36	0.37	0.40	0.44	0.45	0.45	0.44	0.43
Accounts Payable Turnover	7.04	6.12	9.27	9.33	8.43	6.43	12.17	12.54	10.37	6.52	12.47
Days Sales Outstanding (DSO)	118.41	113.09	95.38	93.78	115.67	102.34	78.30	74.37	94.96	97.24	73.84
Days Inventory Outstanding (DIO)	19.76	18.24	15.74	15.09	14.15	13.51	10.85	10.09	9.53	10.56	9.64
Days Payable Outstanding (DPO)	51.85	59.61	39.39	39.14	43.32	56.74	30.00	29.12	35.20	56.02	29.28
Cash Conversion Cycle (CCC)	86.32	71.71	71.74	69.74	86.50	59.12	59.15	55.34	69.29	51.78	54.20
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,351	1,269	1,211	1,181	1,194	1,169	1,126	1,108	1,121	1,073	1,031
Invested Capital Turnover	0.38	0.41	0.43	0.44	0.45	0.50	0.55	0.56	0.55	0.54	0.54
Increase / (Decrease) in Invested Capital	153	100	85	74	74	95	95	94	87	61	51
Enterprise Value (EV)	1,747	1,625	1,681	1,498	1,507	1,494	1,305	1,402	1,503	1,380	1,260
Market Capitalization	937	877	980	831	830	820	666	784	875	774	694
Book Value per Share	$32.86	$31.64	$31.05	$31.46	$31.71	$30.38	$29.80	$30.10	$30.23	$29.14	$28.60
Tangible Book Value per Share	$32.86	$31.64	$31.05	$31.46	$31.71	$30.38	$29.80	$30.10	$30.23	$29.14	$28.60
Total Capital	1,354	1,267	1,210	1,178	1,194	1,169	1,125	1,109	1,121	1,082	1,032
Total Debt	819	754	708	669	683	680	646	625	635	615	573
Total Long-Term Debt	642	643	638	506	508	513	509	486	488	492	493
Net Debt	809	748	701	666	676	673	640	618	628	606	565
Capital Expenditures (CapEx)	33	56	57	37	20	48	36	35	22	40	37
Debt-free, Cash-free Net Working Capital (DFCFNWC)	68	65	46	46	81	60	44	55	85	48	29
Debt-free Net Working Capital (DFNWC)	78	71	53	48	88	67	50	62	91	57	37
Net Working Capital (NWC)	-100	-40	-17	-114	-87	-100	-87	-77	-56	-65	-43
Net Nonoperating Expense (NNE)	6.84	5.45	4.06	6.58	5.65	5.94	9.80	5.91	5.28	5.35	4.54
Net Nonoperating Obligations (NNO)	817	756	709	672	684	679	646	623	634	606	572
Total Depreciation and Amortization (D&A)	22	21	19	18	18	17	17	17	17	16	17
Debt-free, Cash-free Net Working Capital to Revenue	13.99%	13.04%	9.32%	8.98%	15.77%	10.81%	7.39%	9.26%	14.30%	8.59%	5.41%
Debt-free Net Working Capital to Revenue	16.08%	14.31%	10.59%	9.53%	16.99%	11.97%	8.40%	10.40%	15.45%	10.19%	6.87%
Net Working Capital to Revenue	-20.44%	-8.06%	-3.34%	-22.50%	-16.91%	-17.99%	-14.77%	-12.88%	-9.41%	-11.59%	-7.94%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.69	$0.97	$0.00	$0.27	$1.69	$0.97	$0.09	$0.25	$1.51	$0.91	$0.03
Adjusted Weighted Average Basic Shares Outstanding	16.15M	16.10M	16.10M	16.10M	16.10M	16.05M	16.10M	16M	16M	15.99M	16M
Adjusted Diluted Earnings per Share	$1.69	$0.97	$0.00	$0.27	$1.69	$0.97	$0.09	$0.25	$1.51	$0.91	$0.03
Adjusted Weighted Average Diluted Shares Outstanding	16.16M	16.11M	16.10M	16.10M	16.10M	16.05M	16.10M	16M	16M	16.00M	16M
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	16.25M	16.25M	16.19M	16.17M	16.17M	16.16M	16.10M	16.09M	16.09M	16.08M	16.04M
Normalized Net Operating Profit after Tax (NOPAT)	34	21	4.06	11	33	21	5.60	10	29	20	5.04
Normalized NOPAT Margin	20.10%	16.51%	4.37%	11.37%	18.38%	16.54%	5.39%	9.78%	13.34%	12.29%	4.57%
Pre Tax Income Margin	21.66%	16.39%	-1.40%	5.12%	20.48%	15.51%	0.96%	4.74%	14.71%	11.58%	0.00%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	59.07%	58.39%	57.87%	55.37%	54.87%	57.96%	58.37%	59.12%	57.50%	60.63%	60.39%
Augmented Payout Ratio	59.07%	58.39%	57.87%	55.37%	54.87%	57.96%	58.37%	59.12%	57.50%	60.63%	60.39%

Frequently Asked Questions About Unitil's Financials

When does Unitil's fiscal year end?

According to the most recent income statement we have on file, Unitil's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Unitil's net income changed over the last 10 years?

Unitil's net income appears to be on an upward trend, with a most recent value of $47.10 million in 2024, rising from $24.70 million in 2014. The previous period was $45.20 million in 2023. See Unitil's forecast for analyst expectations on what’s next for the company.

What is Unitil's operating income?

Unitil's total operating income in 2024 was $90.60 million, based on the following breakdown:

Total Gross Profit: $196.60 million
Total Operating Expenses: $106 million

How has Unitil revenue changed over the last 10 years?

Over the last 10 years, Unitil's total revenue changed from $425.80 million in 2014 to $494.80 million in 2024, a change of 16.2%.

How much debt does Unitil have?

Unitil's total liabilities were at $1.28 billion at the end of 2024, a 8.5% increase from 2023, and a 76.4% increase since 2014.

How much cash does Unitil have?

In the past 10 years, Unitil's cash and equivalents has ranged from $5.20 million in 2019 to $9 million in 2022, and is currently $6.30 million as of their latest financial filing in 2024.

How has Unitil's book value per share changed over the last 10 years?

Over the last 10 years, Unitil's book value per share changed from 19.64 in 2014 to 31.64 in 2024, a change of 61.1%.

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This page (NYSE:UTL) was last updated on 5/31/2025 by MarketBeat.com Staff

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Unitil (UTL) Financials

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Unitil (UTL) Financials

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