Essential Utilities (WTRG) Financials

$39.30 +0.15 (+0.38%)

As of 05/20/2025 03:58 PM Eastern

Annual Income Statements for Essential Utilities

This table shows Essential Utilities' 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
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
Net Income / (Loss) Attributable to Common Shareholders	595	498	465	432	285	225	192	240	234	202
Consolidated Net Income / (Loss)	595	498	465	432	285	225	192	240	234	202
Net Income / (Loss) Continuing Operations	595	498	465	432	285	225	192	240	234	202
Total Pre-Tax Income	573	432	451	422	265	212	178	257	255	217
Total Operating Income	758	692	661	603	435	340	323	334	333	321
Total Gross Profit	1,222	1,126	1,072	987	768	557	530	527	523	505
Total Revenue	2,086	2,054	2,288	1,878	1,463	890	838	810	820	814
Operating Revenue	2,086	2,054	2,288	1,878	1,463	890	838	810	820	814
Total Cost of Revenue	864	928	1,216	891	694	333	308	282	297	309
Operating Cost of Revenue	864	928	1,216	891	694	333	308	282	297	309
Total Operating Expenses	464	434	411	385	334	216	206	193	189	184
Depreciation Expense	364	339	316	292	251	158	146	136	131	125
Amortization Expense	5.65	5.04	5.37	5.76	5.62	-1.70	0.64	0.42	2.02	3.45
Other Operating Expenses / (Income)	95	90	90	87	77	60	60	57	56	55
Total Other Income / (Expense), net	-184	-260	-210	-181	-170	-129	-145	-77	-78	-104
Interest Expense	302	283	238	208	188	144	99	89	81	76
Interest & Investment Income	3.32	3.40	3.68	2.38	1.99	28	2.23	0.53	0.98	-35
Other Income / (Expense), net	115	20	24	25	17	-12	-48	11	1.48	6.69
Income Tax Expense	-22	-66	-14	-9.61	-20	-13	-14	17	21	15
Basic Earnings per Share	$2.17	$1.86	$1.77	$1.68	$1.14	$1.04	$1.08	$1.35	$1.32	$1.14
Weighted Average Basic Shares Outstanding	273.91M	267.17M	262.25M	257.49M	249.77M	215.55M	177.90M	177.61M	177.27M	176.79M
Diluted Earnings per Share	$2.17	$1.86	$1.77	$1.67	$1.12	$1.04	$1.08	$1.35	$1.32	$1.14
Weighted Average Diluted Shares Outstanding	274.42M	267.66M	262.87M	258.18M	254.63M	215.93M	178.40M	178.18M	177.85M	177.52M
Weighted Average Basic & Diluted Shares Outstanding	274.92M	273.30M	264.14M	252.88M	245.39M	222.78M	177.80M	177.60M	177.40M	177M
Cash Dividends to Common per Share	$1.27	$1.19	$1.11	$1.04	$0.97	$0.91	$0.85	$0.79	$0.74	$0.69

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	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	185	69	75	266	135	80	91	191	115	69
Consolidated Net Income / (Loss)	185	69	75	266	135	80	91	191	115	69
Net Income / (Loss) Continuing Operations	185	69	75	266	135	80	91	191	115	69
Total Pre-Tax Income	156	85	77	255	105	76	91	160	105	73
Total Operating Income	227	155	145	231	174	137	155	225	170	126
Total Gross Profit	346	272	258	345	285	248	261	332	274	231
Total Revenue	604	435	434	612	479	411	437	726	705	435
Operating Revenue	604	435	434	612	479	411	437	726	705	435
Total Cost of Revenue	258	163	176	267	194	164	175	394	432	203
Operating Cost of Revenue	258	163	176	267	194	164	175	394	432	203
Total Operating Expenses	120	117	113	115	111	110	106	107	104	105
Depreciation Expense	94	91	90	89	86	84	85	83	80	80
Amortization Expense	2.34	1.15	1.07	1.09	1.76	1.69	0.72	0.87	0.89	2.26
Other Operating Expenses / (Income)	23	24	22	25	23	24	20	23	23	23
Total Other Income / (Expense), net	-71	-70	-68	24	-69	-61	-64	-66	-65	-52
Interest Expense	79	77	73	73	73	69	69	73	69	60
Interest & Investment Income	0.66	1.39	0.28	0.99	0.67	0.94	0.97	0.82	0.73	1.51
Other Income / (Expense), net	7.88	5.61	4.73	97	2.89	6.61	3.97	6.18	3.02	6.55
Income Tax Expense	-29	16	1.86	-11	-31	-3.71	-0.26	-32	-9.99	4.80
Basic Earnings per Share	$0.67	$0.25	$0.28	$0.97	$0.49	$0.30	$0.35	$0.72	$0.44	$0.26
Weighted Average Basic Shares Outstanding	273.91M	274.02M	273.57M	273.38M	267.17M	266.77M	264.42M	264.19M	262.25M	262.21M
Diluted Earnings per Share	$0.67	$0.25	$0.28	$0.97	$0.50	$0.30	$0.34	$0.72	$0.44	$0.26
Weighted Average Diluted Shares Outstanding	274.42M	274.54M	273.95M	273.74M	267.66M	267.18M	264.82M	264.75M	262.87M	262.75M
Weighted Average Basic & Diluted Shares Outstanding	274.92M	274.61M	273.67M	273.52M	273.30M	273.17M	264.51M	264.38M	264.14M	262.29M

This table details how cash moves in and out of Essential Utilities' 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
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
Net Change in Cash & Equivalents	4.54	-6.79	0.83	5.74	-1,864	1,865	-0.58	0.44	0.53	-0.91
Net Cash From Operating Activities	770	934	600	645	508	339	369	381	396	371
Net Cash From Continuing Operating Activities	770	934	600	645	508	339	369	381	396	371
Net Income / (Loss) Continuing Operations	595	498	465	432	285	225	192	240	234	202
Consolidated Net Income / (Loss)	595	498	465	432	285	225	192	240	234	202
Depreciation Expense	370	344	321	298	257	156	147	137	133	129
Non-Cash Adjustments To Reconcile Net Income	-61	34	39	36	40	-30	54	5.16	9.77	46
Changes in Operating Assets and Liabilities, net	-134	57	-225	-121	-74	-13	-24	-0.30	19	-5.39
Net Cash From Investing Activities	-1,163	-1,222	-1,178	-1,056	-4,334	-605	-640	-480	-383	-394
Net Cash From Continuing Investing Activities	-1,163	-1,222	-1,178	-1,056	-4,334	-605	-640	-480	-383	-394
Purchase of Property, Plant & Equipment	-1,330	-1,244	-1,180	-1,057	-4,337	-610	-641	-484	-392	-394
Sale of Property, Plant & Equipment	167	42	1.08	1.82	2.12	2.89	0.72	1.34	7.75	0.65
Other Investing Activities, net	-0.34	-19	0.27	-1.03	1.70	2.46	0.90	2.22	1.46	-1.03
Net Cash From Financing Activities	397	281	579	417	1,962	2,131	271	100	-12	22
Net Cash From Continuing Financing Activities	397	281	579	417	1,962	2,131	271	100	-12	22
Repayment of Debt	-1,001	-877	-814	-769	-1,950	-1,065	-915	-363	-393	-404
Repurchase of Common Equity	-4.05	-3.98	-1.19	-3.29	-4.37	-1.87	-2.56	-2.17	-3.03	-25
Payment of Dividends	-346	-317	-289	-259	-233	-189	-151	-141	-131	-121
Issuance of Debt	1,650	1,139	1,647	1,082	3,367	1,435	1,344	591	504	561
Issuance of Common Equity	52	339	80	317	746	1,946	5.16	1.45	1.39	0.68
Other Financing Activities, net	48	0.46	-44	49	36	6.16	-9.98	13	9.09	11
Cash Interest Paid	276	273	226	202	169	89	94	82	73	75
Cash Income Taxes Paid	6.70	7.84	11	5.69	4.85	0.97	2.10	3.18	2.74	6.90

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	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	0.72	-10	-16	31	-3.89	-3.14	-8.51	8.75	-12	10
Net Cash From Operating Activities	148	196	186	241	129	183	220	402	81	103
Net Cash From Continuing Operating Activities	148	196	186	241	129	183	220	402	81	103
Net Income / (Loss) Continuing Operations	185	69	75	266	135	80	91	191	115	69
Consolidated Net Income / (Loss)	185	69	75	266	135	80	91	191	115	69
Depreciation Expense	97	93	91	90	88	86	86	84	81	83
Non-Cash Adjustments To Reconcile Net Income	10	3.27	8.65	-83	8.70	7.69	10	7.71	13	8.12
Changes in Operating Assets and Liabilities, net	-144	31	11	-32	-103	9.35	32	119	-128	-57
Net Cash From Investing Activities	-397	-384	-296	-86	-303	-346	-329	-243	-355	-349
Net Cash From Continuing Investing Activities	-397	-384	-296	-86	-303	-346	-329	-243	-355	-349
Purchase of Property, Plant & Equipment	-397	-384	-296	-253	-325	-346	-330	-244	-356	-349
Sale of Property, Plant & Equipment	0.20	0.29	0.42	167	41	0.02	0.28	0.34	0.28	0.31
Other Investing Activities, net	-0.12	-0.06	-0.11	-0.05	-20	0.07	0.07	0.32	0.07	0.05
Net Cash From Financing Activities	250	177	94	-124	170	160	101	-150	262	257
Net Cash From Continuing Financing Activities	250	177	94	-124	170	160	101	-150	262	257
Repayment of Debt	41	-377	-5.43	-659	-209	-351	3.99	-321	-293	3.36
Repurchase of Common Equity	-1.81	-0.00	-0.00	-2.23	-0.03	-0.00	-0.04	-3.91	-0.14	-0.03
Payment of Dividends	-89	-89	-84	-84	-84	-81	-76	-76	-75	-75
Issuance of Debt	255	604	172	618	458	296	155	230	554	323
Issuance of Common Equity	7.92	36	3.79	3.88	3.94	308	3.95	23	67	4.25
Other Financing Activities, net	38	3.18	7.24	-0.32	1.31	-12	14	-2.50	9.57	1.52

This table presents Essential Utilities' 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
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
Total Assets	18,027	16,841	15,719	14,658	13,705	9,362	6,964	6,332	6,159	5,718
Total Current Assets	486	492	658	438	380	2,015	147	131	129	128
Cash & Equivalents	9.16	4.61	11	11	4.83	1,869	3.63	4.20	3.76	3.23
Accounts Receivable	309	246	377	261	273	108	101	99	97	99
Inventories, net	94	113	200	110	58	18	16	14	13	12
Prepaid Expenses	41	100	40	37	39	16	23	13	13	12
Other Current Assets	33	29	19	20	5.09	2.39	-	-	-	-
Plant, Property, & Equipment, net	13,143	12,097	11,131	10,252	9,513	6,346	5,930	5,400	5,002	4,689
Plant, Property & Equipment, gross	16,275	14,977	13,737	12,610	11,620	8,202	7,648	7,004	6,509	6,088
Accumulated Depreciation	3,132	2,880	2,606	2,359	2,107	1,856	1,718	1,604	1,508	1,399
Total Noncurrent Assets	4,397	4,252	3,977	4,004	3,812	1,001	887	801	1,029	901
Long-Term Investments	0.00	0.00	-	-	-	5.98	6.96	6.67	7.03	7.72
Goodwill	2,341	2,341	2,341	2,341	2,325	64	53	42	42	34
Intangible Assets	3.27	3.59	4.60	5.76	7.24	0.00	-	-	-	-
Noncurrent Deferred & Refundable Income Taxes	0.00	0.00	-	-	-	-	-	-	-	-
Other Noncurrent Operating Assets	2,052	1,907	1,551	1,621	1,479	931	827	752	979	859
Other Noncurrent Nonoperating Assets	1.42	1.38	80	37	1.27	0.00	-	-	-	-
Total Liabilities & Shareholders' Equity	18,027	16,841	15,719	14,658	13,705	9,362	6,964	6,332	6,159	5,718
Total Liabilities	11,828	10,945	10,389	9,510	9,021	5,481	4,955	4,375	4,309	3,992
Total Current Liabilities	975	798	1,022	675	604	323	399	284	302	193
Short-Term Debt	329	228	199	132	163	131	160	117	157	52
Accounts Payable	259	221	239	193	177	75	77	59	47	56
Accrued Expenses	137	127	131	124	123	50	47	41	40	50
Dividends Payable	89	84	76	0.00	-	-	-	-	-	-
Current Deferred & Payable Income Tax Liabilities	38	41	34	38	37	23	22	24	26	22
Other Current Liabilities	49	45	292	147	64	16	69	22	13	-
Other Current Nonoperating Liabilities	72	53	50	41	39	30	23	21	18	13
Total Noncurrent Liabilities	10,853	10,147	9,367	8,834	8,418	5,158	4,556	4,090	4,007	3,799
Long-Term Debt	7,368	6,826	6,418	5,815	5,508	2,943	2,398	2,008	1,738	1,720
Capital Lease Obligations	27	34	38	48	56	12	0.00	-	-	-
Asset Retirement Reserve & Litigation Obligation	766	822	780	771	775	513	531	542	251	260
Noncurrent Deferred Revenue	113	129	115	104	99	96	93	93	92	87
Noncurrent Deferred & Payable Income Tax Liabilities	1,832	1,628	1,346	1,407	1,258	936	845	769	1,269	1,119
Noncurrent Employee Benefit Liabilities	34	39	31	50	92	69	-	-	-	-
Other Noncurrent Operating Liabilities	713	669	639	640	630	589	688	678	658	613
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	6,199	5,896	5,377	5,184	4,684	3,881	2,009	1,958	1,850	1,726
Total Preferred & Common Equity	6,199	5,896	5,377	5,184	4,684	3,881	2,009	1,958	1,850	1,726
Total Common Equity	6,199	5,896	5,377	5,184	4,684	3,881	2,009	1,958	1,850	1,726
Common Stock	4,339	4,276	3,927	3,834	3,503	2,748	911	897	888	863
Retained Earnings	1,949	1,707	1,534	1,434	1,262	1,210	1,174	1,133	1,033	930
Treasury Stock	-90	-86	-84	-84	-81	-78	-76	-73	-71	-68

This table presents Essential 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 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	17,565	17,252	17,054	16,433	16,102	15,818	15,280
Total Current Assets	374	363	420	409	407	510	541
Cash & Equivalents	8.44	19	35	8.51	12	20	23
Accounts Receivable	204	215	267	209	226	331	202
Inventories, net	105	85	67	127	109	96	230
Prepaid Expenses	26	29	35	31	37	37	39
Other Current Assets	31	16	15	26	17	16	47
Plant, Property, & Equipment, net	12,816	12,519	12,256	11,847	11,591	11,295	10,876
Plant, Property & Equipment, gross	15,891	15,519	15,208	14,681	14,344	13,961	13,468
Accumulated Depreciation	3,076	3,000	2,952	2,835	2,754	2,667	2,592
Total Noncurrent Assets	4,375	4,370	4,379	4,177	4,104	4,014	3,863
Goodwill	2,341	2,341	2,341	2,341	2,341	2,341	2,341
Intangible Assets	3.35	3.43	3.51	3.67	4.22	4.41	4.80
Other Noncurrent Operating Assets	2,029	2,025	2,034	1,794	1,724	1,634	1,516
Other Noncurrent Nonoperating Assets	1.41	1.40	1.39	39	36	34	1.34
Total Liabilities & Shareholders' Equity	17,565	17,252	17,054	16,433	16,102	15,818	15,280
Total Liabilities	11,384	11,089	10,973	10,510	10,487	10,302	9,937
Total Current Liabilities	683	629	679	897	765	803	848
Short-Term Debt	172	165	155	350	247	221	363
Accounts Payable	231	205	161	192	179	156	218
Accrued Expenses	141	144	130	141	130	114	140
Dividends Payable	0.00	0.00	84	0.00	0.00	76	-
Current Deferred & Payable Income Tax Liabilities	33	29	37	29	26	30	33
Other Current Liabilities	17	22	25	100	129	123	19
Other Current Nonoperating Liabilities	88	64	87	84	54	83	75
Total Noncurrent Liabilities	10,701	10,460	10,295	9,614	9,722	9,499	9,089
Long-Term Debt	7,230	7,011	6,856	6,456	6,616	6,485	6,174
Capital Lease Obligations	29	31	32	35	36	39	40
Asset Retirement Reserve & Litigation Obligation	805	810	839	827	808	767	773
Noncurrent Deferred Revenue	120	118	125	129	125	118	121
Noncurrent Deferred & Payable Income Tax Liabilities	1,788	1,764	1,734	1,487	1,459	1,414	1,305
Noncurrent Employee Benefit Liabilities	28	38	37	32	31	31	54
Other Noncurrent Operating Liabilities	699	687	671	647	646	645	622
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	6,181	6,163	6,081	5,923	5,615	5,516	5,343
Total Preferred & Common Equity	6,181	6,163	6,081	5,923	5,615	5,516	5,343
Total Common Equity	6,181	6,163	6,081	5,923	5,615	5,516	5,343
Common Stock	4,325	4,288	4,281	4,270	3,961	3,954	3,856
Retained Earnings	1,944	1,964	1,889	1,739	1,741	1,650	1,571
Treasury Stock	-88	-88	-88	-87	-87	-87	-84

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

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.57%	-10.24%	21.82%	28.40%	64.41%	6.16%	3.53%	-1.26%	0.70%	4.40%
EBITDA Growth	17.69%	4.86%	8.78%	30.60%	46.29%	14.81%	-12.38%	2.91%	2.47%	-49.64%
EBIT Growth	22.60%	3.85%	9.25%	38.97%	37.70%	19.15%	-20.17%	2.95%	2.13%	-57.97%
NOPAT Growth	-1.51%	17.06%	10.67%	31.92%	29.41%	3.78%	11.55%	1.97%	2.33%	-57.15%
Net Income Growth	19.49%	7.09%	7.79%	51.52%	26.86%	16.96%	-19.92%	2.37%	16.05%	-13.48%
EPS Growth	16.67%	5.08%	5.99%	49.11%	7.69%	-3.70%	-20.00%	2.27%	15.79%	-12.98%
Operating Cash Flow Growth	-17.49%	55.52%	-6.88%	26.90%	50.07%	-8.14%	-3.36%	-3.75%	6.84%	1.93%
Free Cash Flow Firm Growth	33.35%	-29.36%	-76.85%	97.66%	-2,575.82%	-31.78%	-373.38%	-154.09%	-7.72%	-88.90%
Invested Capital Growth	7.32%	8.78%	7.91%	6.99%	103.97%	11.85%	11.87%	9.09%	7.21%	7.39%
Revenue Q/Q Growth	6.37%	-9.91%	8.01%	3.40%	20.41%	2.33%	0.29%	0.81%	-0.03%	0.70%
EBITDA Q/Q Growth	5.61%	1.07%	3.00%	1.39%	13.30%	21.47%	-14.83%	1.76%	-0.29%	-49.99%
EBIT Q/Q Growth	7.07%	0.55%	3.74%	1.18%	13.21%	32.95%	-21.37%	2.21%	-0.80%	-58.22%
NOPAT Q/Q Growth	6.70%	4.98%	2.53%	1.72%	18.86%	-5.92%	5.42%	-0.71%	-1.21%	-57.72%
Net Income Q/Q Growth	9.03%	4.29%	-0.34%	3.30%	15.62%	43.33%	-22.93%	1.62%	9.96%	-15.98%
EPS Q/Q Growth	8.50%	3.33%	0.00%	1.83%	8.74%	48.57%	-22.86%	0.75%	10.00%	-73.55%
Operating Cash Flow Q/Q Growth	2.50%	5.40%	-0.28%	-0.70%	-4.35%	10.69%	-5.50%	-2.12%	5.07%	-0.25%
Free Cash Flow Firm Q/Q Growth	-9.25%	-309.50%	55.84%	41.27%	-3.44%	-51.27%	-14.60%	-1,451.56%	-27.92%	-87.98%
Invested Capital Q/Q Growth	2.81%	2.51%	0.72%	2.98%	3.91%	3.18%	2.67%	2.09%	1.48%	1.08%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	58.57%	54.82%	46.87%	52.57%	52.53%	62.56%	63.19%	65.13%	63.75%	62.01%
EBITDA Margin	59.55%	51.39%	43.99%	49.27%	48.44%	54.43%	50.33%	59.47%	57.06%	56.07%
Operating Margin	36.32%	33.70%	28.90%	32.09%	29.72%	38.23%	38.56%	41.25%	40.65%	39.44%
EBIT Margin	41.83%	34.65%	29.95%	33.40%	30.86%	36.85%	32.83%	42.58%	40.83%	40.26%
Profit (Net Income) Margin	28.54%	24.26%	20.33%	22.98%	19.47%	25.24%	22.91%	29.61%	28.56%	24.78%
Tax Burden Percent	103.81%	115.39%	103.18%	102.28%	107.50%	106.15%	107.67%	93.41%	91.78%	93.10%
Interest Burden Percent	65.72%	60.67%	65.79%	67.27%	58.70%	64.52%	64.81%	74.46%	76.22%	66.13%
Effective Tax Rate	-3.81%	-15.39%	-3.18%	-2.28%	-7.50%	-6.15%	-7.67%	6.59%	8.22%	6.90%
Return on Invested Capital (ROIC)	5.79%	6.35%	5.87%	5.70%	6.01%	7.45%	8.03%	7.95%	8.44%	8.85%
ROIC Less NNEP Spread (ROIC-NNEP)	3.25%	2.02%	2.45%	2.56%	0.79%	0.27%	1.39%	4.38%	4.53%	3.09%
Return on Net Nonoperating Assets (RNNOA)	4.06%	2.49%	2.94%	3.04%	0.65%	0.18%	1.65%	4.64%	4.66%	3.09%
Return on Equity (ROE)	9.84%	8.84%	8.81%	8.75%	6.65%	7.62%	9.68%	12.59%	13.10%	11.94%
Cash Return on Invested Capital (CROIC)	-1.28%	-2.07%	-1.73%	-1.05%	-62.40%	-3.74%	-3.18%	-0.74%	1.48%	1.73%
Operating Return on Assets (OROA)	5.01%	4.37%	4.51%	4.42%	3.91%	4.02%	4.14%	5.52%	5.64%	5.89%
Return on Assets (ROA)	3.41%	3.06%	3.06%	3.04%	2.47%	2.75%	2.89%	3.84%	3.94%	3.63%
Return on Common Equity (ROCE)	9.84%	8.84%	8.81%	8.75%	6.65%	7.62%	9.68%	12.59%	13.10%	11.94%
Return on Equity Simple (ROE_SIMPLE)	9.60%	8.45%	8.65%	8.33%	6.08%	5.79%	9.55%	12.25%	12.66%	11.69%
Net Operating Profit after Tax (NOPAT)	787	799	682	616	467	361	348	312	306	299
NOPAT Margin	37.70%	38.88%	29.82%	32.82%	31.95%	40.59%	41.52%	38.53%	37.31%	36.72%
Net Nonoperating Expense Percent (NNEP)	2.53%	4.32%	3.43%	3.15%	5.21%	7.17%	6.63%	3.58%	3.90%	5.76%
Return On Investment Capital (ROIC_SIMPLE)	5.65%	6.15%	5.67%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	41.43%	45.18%	53.13%	47.43%	47.47%	37.44%	36.81%	34.87%	36.25%	37.99%
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%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	22.25%	21.13%	17.97%	20.48%	22.81%	24.33%	24.63%	23.88%	23.10%	22.57%
Earnings before Interest and Taxes (EBIT)	873	712	685	627	451	328	275	345	335	328
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,242	1,055	1,007	925	708	484	422	481	468	457
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.59	1.66	2.17	2.40	2.23	2.30	2.60	2.99	2.36	2.44
Price to Tangible Book Value (P/TBV)	2.56	2.75	3.84	4.39	4.43	2.33	2.67	3.05	2.41	2.49
Price to Revenue (P/Rev)	4.74	4.76	5.09	6.64	7.13	10.02	6.24	7.22	5.32	5.17
Price to Earnings (P/E)	16.60	19.63	25.04	28.88	36.59	39.69	27.25	24.39	18.63	20.84
Dividend Yield	3.52%	3.32%	3.15%	2.10%	2.28%	2.20%	2.88%	2.41%	3.00%	2.88%
Earnings Yield	6.02%	5.09%	3.99%	3.46%	2.73%	2.52%	3.67%	4.10%	5.37%	4.80%
Enterprise Value to Invested Capital (EV/IC)	1.25	1.29	1.52	1.65	1.55	1.98	1.70	1.95	1.67	1.71
Enterprise Value to Revenue (EV/Rev)	8.44	8.21	8.00	9.82	11.04	11.38	9.28	9.84	7.62	7.33
Enterprise Value to EBITDA (EV/EBITDA)	14.17	15.98	18.17	19.94	22.79	20.90	18.44	16.54	13.35	13.07
Enterprise Value to EBIT (EV/EBIT)	20.17	23.69	26.69	29.41	35.76	30.88	28.27	23.10	18.66	18.20
Enterprise Value to NOPAT (EV/NOPAT)	22.37	21.11	26.81	29.93	34.55	28.03	22.36	25.53	20.42	19.96
Enterprise Value to Operating Cash Flow (EV/OCF)	22.84	18.06	30.47	28.62	31.78	29.90	21.11	20.88	15.77	16.09
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	116.15	102.38
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.25	1.20	1.24	1.16	1.22	0.80	1.27	1.09	1.02	1.03
Long-Term Debt to Equity	1.19	1.16	1.20	1.13	1.19	0.76	1.19	1.03	0.94	1.00
Financial Leverage	1.25	1.23	1.20	1.19	0.82	0.65	1.19	1.06	1.03	1.00
Leverage Ratio	2.88	2.89	2.88	2.87	2.69	2.77	3.35	3.28	3.32	3.29
Compound Leverage Factor	1.89	1.75	1.89	1.93	1.58	1.79	2.17	2.44	2.53	2.18
Debt to Total Capital	55.48%	54.59%	55.31%	53.63%	55.01%	44.29%	56.01%	52.05%	50.60%	50.67%
Short-Term Debt to Total Capital	2.37%	1.75%	1.66%	1.18%	1.56%	1.88%	3.50%	2.88%	4.20%	1.50%
Long-Term Debt to Total Capital	53.12%	52.84%	53.65%	52.45%	53.44%	42.42%	52.51%	49.18%	46.40%	49.17%
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%
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%
Common Equity to Total Capital	44.52%	45.41%	44.69%	46.37%	44.99%	55.71%	43.99%	47.95%	49.40%	49.33%
Debt to EBITDA	6.22	6.72	6.61	6.48	8.08	6.37	6.07	4.41	4.05	3.88
Net Debt to EBITDA	6.21	6.71	6.60	6.47	8.08	2.50	6.04	4.39	4.03	3.86
Long-Term Debt to EBITDA	5.95	6.50	6.41	6.34	7.85	6.10	5.69	4.17	3.71	3.77
Debt to NOPAT	9.82	8.88	9.76	9.73	12.25	8.55	7.35	6.81	6.19	5.93
Net Debt to NOPAT	9.81	8.87	9.74	9.71	12.24	3.35	7.32	6.78	6.16	5.89
Long-Term Debt to NOPAT	9.40	8.59	9.46	9.51	11.91	8.18	6.89	6.44	5.68	5.76
Altman Z-Score	0.90	0.92	1.07	1.17	1.02	1.58	1.08	1.33	1.12	1.18
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.50	0.62	0.64	0.65	0.63	6.23	0.37	0.46	0.43	0.66
Quick Ratio	0.33	0.31	0.38	0.40	0.46	6.11	0.26	0.36	0.34	0.53
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-173	-260	-201	-114	-4,856	-181	-138	-29	54	58
Operating Cash Flow to CapEx	66.24%	77.63%	50.94%	61.11%	11.72%	55.76%	57.52%	79.01%	102.99%	94.34%
Free Cash Flow to Firm to Interest Expense	-0.57	-0.92	-0.84	-0.55	-25.77	-1.26	-1.39	-0.33	0.67	0.77
Operating Cash Flow to Interest Expense	2.55	3.29	2.52	3.10	2.70	2.35	3.72	4.31	4.92	4.89
Operating Cash Flow Less CapEx to Interest Expense	-1.30	-0.95	-2.43	-1.98	-20.31	-1.87	-2.75	-1.14	0.14	-0.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.12	0.13	0.15	0.13	0.13	0.11	0.13	0.13	0.14	0.15
Accounts Receivable Turnover	7.52	6.60	7.18	7.03	7.68	8.52	8.39	8.26	8.34	8.30
Inventory Turnover	8.37	5.94	7.86	10.61	18.09	19.47	20.43	20.66	23.42	24.55
Fixed Asset Turnover	0.17	0.18	0.21	0.19	0.18	0.14	0.15	0.16	0.17	0.18
Accounts Payable Turnover	3.60	4.03	5.63	4.81	5.50	4.38	4.52	5.30	5.73	5.18
Days Sales Outstanding (DSO)	48.52	55.32	50.87	51.91	47.53	42.84	43.51	44.18	43.75	43.97
Days Inventory Outstanding (DIO)	43.63	61.45	46.43	34.41	20.18	18.75	17.87	17.67	15.58	14.87
Days Payable Outstanding (DPO)	101.32	90.49	64.82	75.89	66.34	83.41	80.75	68.81	63.69	70.50
Cash Conversion Cycle (CCC)	-9.18	26.28	32.48	10.44	1.37	-21.82	-19.37	-6.96	-4.36	-11.67
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	14,075	13,115	12,057	11,173	10,443	5,120	4,577	4,092	3,751	3,499
Invested Capital Turnover	0.15	0.16	0.20	0.17	0.19	0.18	0.19	0.21	0.23	0.24
Increase / (Decrease) in Invested Capital	960	1,059	883	730	5,323	543	486	341	252	241
Enterprise Value (EV)	17,598	16,862	18,293	18,448	16,143	10,122	7,779	7,962	6,247	5,967
Market Capitalization	9,882	9,779	11,649	12,463	10,422	8,911	5,232	5,848	4,363	4,205
Book Value per Share	$22.57	$21.58	$20.50	$20.13	$19.10	$17.98	$11.29	$11.02	$10.43	$9.78
Tangible Book Value per Share	$14.04	$13.00	$11.56	$11.02	$9.59	$17.68	$11.00	$10.78	$10.19	$9.59
Total Capital	13,924	12,984	12,032	11,180	10,410	6,967	4,568	4,083	3,745	3,499
Total Debt	7,725	7,088	6,655	5,996	5,726	3,086	2,558	2,125	1,895	1,773
Total Long-Term Debt	7,396	6,861	6,456	5,863	5,563	2,955	2,398	2,008	1,738	1,720
Net Debt	7,716	7,083	6,644	5,985	5,721	1,211	2,548	2,114	1,884	1,762
Capital Expenditures (CapEx)	1,163	1,203	1,179	1,055	4,335	607	641	483	385	393
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-169	-83	-176	-116	-66	-46	-95	-40	-19	-16
Debt-free Net Working Capital (DFNWC)	-159	-78	-164	-105	-61	1,822	-92	-36	-16	-13
Net Working Capital (NWC)	-489	-306	-364	-237	-224	1,692	-252	-153	-173	-65
Net Nonoperating Expense (NNE)	191	300	217	185	182	137	156	72	72	97
Net Nonoperating Obligations (NNO)	7,876	7,219	6,679	5,989	5,759	1,239	2,568	2,134	1,901	1,773
Total Depreciation and Amortization (D&A)	370	344	321	298	257	156	147	137	133	129
Debt-free, Cash-free Net Working Capital to Revenue	-8.08%	-4.04%	-7.68%	-6.16%	-4.51%	-5.22%	-11.39%	-4.94%	-2.37%	-1.93%
Debt-free Net Working Capital to Revenue	-7.64%	-3.82%	-7.18%	-5.60%	-4.18%	204.84%	-10.95%	-4.43%	-1.91%	-1.54%
Net Working Capital to Revenue	-23.43%	-14.90%	-15.90%	-12.63%	-15.29%	190.14%	-30.05%	-18.93%	-21.09%	-7.96%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.17	$1.86	$1.77	$1.68	$1.14	$1.04	$1.08	$1.35	$1.32	$1.14
Adjusted Weighted Average Basic Shares Outstanding	273.91M	267.17M	262.25M	257.49M	249.77M	215.55M	177.90M	177.61M	177.27M	176.79M
Adjusted Diluted Earnings per Share	$2.17	$1.86	$1.77	$1.67	$1.12	$1.04	$1.08	$1.35	$1.32	$1.14
Adjusted Weighted Average Diluted Shares Outstanding	274.42M	267.66M	262.87M	258.18M	254.63M	215.93M	178.40M	178.18M	177.85M	177.52M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$1.04	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	274.92M	273.30M	264.14M	252.88M	245.39M	222.78M	178.15M	177.75M	177.45M	177.04M
Normalized Net Operating Profit after Tax (NOPAT)	530	484	463	422	304	238	226	312	306	299
Normalized NOPAT Margin	25.42%	23.59%	20.23%	22.46%	20.80%	26.76%	26.99%	38.53%	37.31%	36.72%
Pre Tax Income Margin	27.49%	21.02%	19.71%	22.47%	18.12%	23.78%	21.28%	31.70%	31.12%	26.62%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.89	2.51	2.88	3.02	2.40	2.28	2.78	3.89	4.15	4.32
NOPAT to Interest Expense	2.60	2.82	2.87	2.97	2.48	2.51	3.51	3.52	3.80	3.94
EBIT Less CapEx to Interest Expense	-0.96	-1.73	-2.07	-2.06	-20.61	-1.94	-3.69	-1.56	-0.62	-0.86
NOPAT Less CapEx to Interest Expense	-1.24	-1.43	-2.08	-2.11	-20.53	-1.71	-2.96	-1.93	-0.98	-1.24
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	58.19%	63.59%	62.04%	59.93%	81.65%	83.95%	78.51%	58.67%	55.91%	60.09%
Augmented Payout Ratio	58.87%	64.39%	62.30%	60.69%	83.18%	84.79%	79.84%	59.58%	57.20%	72.60%

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	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	26.07%	5.84%	-0.53%	-15.75%	-32.03%	-5.38%	-2.69%	3.89%	31.68%	20.11%
EBITDA Growth	24.87%	10.11%	-1.72%	32.27%	4.40%	6.93%	9.34%	0.61%	13.05%	20.64%
EBIT Growth	32.59%	11.58%	-5.78%	41.34%	2.25%	8.76%	9.97%	-1.50%	16.68%	27.52%
NOPAT Growth	19.27%	-12.36%	-8.94%	-11.04%	21.01%	22.48%	24.17%	8.41%	10.55%	20.01%
Net Income Growth	36.40%	-13.33%	-17.40%	38.83%	17.85%	16.66%	10.91%	-3.98%	-1.35%	35.91%
EPS Growth	34.00%	-16.67%	-17.65%	34.72%	13.64%	15.38%	9.68%	-5.26%	0.00%	36.84%
Operating Cash Flow Growth	14.58%	7.06%	-15.51%	-40.07%	58.99%	78.06%	107.95%	29.31%	-2.03%	-30.96%
Free Cash Flow Firm Growth	17.06%	-13.14%	-3.88%	-5.06%	-19.56%	32.19%	93.64%	-3.39%	-24.10%	-42.97%
Invested Capital Growth	7.32%	7.00%	7.20%	7.30%	8.78%	6.89%	7.63%	7.85%	7.91%	10.33%
Revenue Q/Q Growth	38.86%	0.20%	-29.03%	27.67%	16.57%	-5.83%	-39.89%	2.99%	62.30%	-3.15%
EBITDA Q/Q Growth	30.68%	5.25%	-42.32%	57.40%	15.22%	-6.06%	-22.37%	24.24%	18.02%	-3.94%
EBIT Q/Q Growth	45.93%	7.12%	-54.18%	85.12%	22.81%	-9.55%	-31.27%	33.92%	30.64%	-8.55%
NOPAT Q/Q Growth	112.76%	-10.94%	-41.00%	6.68%	56.33%	-7.46%	-42.36%	45.11%	58.23%	-6.18%
Net Income Q/Q Growth	166.21%	-7.94%	-71.64%	96.22%	69.15%	-12.26%	-52.32%	66.56%	67.45%	-16.59%
EPS Q/Q Growth	168.00%	-10.71%	-71.13%	94.00%	66.67%	-11.76%	-52.78%	63.64%	69.23%	-16.13%
Operating Cash Flow Q/Q Growth	-24.61%	5.58%	-22.85%	86.57%	-29.55%	-16.67%	-45.27%	394.94%	-21.11%	-2.69%
Free Cash Flow Firm Q/Q Growth	10.17%	-1.31%	-14.83%	20.64%	-22.54%	6.98%	-16.13%	9.69%	30.50%	91.28%
Invested Capital Q/Q Growth	2.81%	2.06%	1.18%	1.09%	2.51%	2.25%	1.27%	2.49%	0.72%	2.96%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	57.32%	62.44%	59.43%	56.45%	59.44%	60.22%	59.83%	45.72%	38.78%	53.20%
EBITDA Margin	54.77%	58.19%	55.40%	68.17%	55.29%	55.94%	56.07%	43.42%	36.00%	49.50%
Operating Margin	37.50%	35.63%	33.45%	37.69%	36.29%	33.41%	35.55%	31.04%	24.09%	28.96%
EBIT Margin	38.80%	36.92%	34.53%	53.49%	36.89%	35.02%	36.46%	31.89%	24.52%	30.47%
Profit (Net Income) Margin	30.57%	15.95%	17.35%	43.42%	28.25%	19.47%	20.90%	26.35%	16.29%	15.79%
Tax Burden Percent	118.54%	81.42%	97.59%	104.17%	129.47%	104.86%	100.29%	119.80%	109.52%	93.47%
Interest Burden Percent	66.46%	53.05%	51.49%	77.92%	59.15%	53.03%	57.16%	68.98%	60.67%	55.46%
Effective Tax Rate	-18.54%	18.58%	2.41%	-4.17%	-29.47%	-4.86%	-0.29%	-19.80%	-9.52%	6.53%
Return on Invested Capital (ROIC)	6.82%	4.30%	4.88%	5.94%	7.67%	6.45%	6.80%	7.23%	5.20%	5.03%
ROIC Less NNEP Spread (ROIC-NNEP)	5.71%	3.51%	3.94%	6.31%	6.37%	5.50%	5.83%	6.02%	4.07%	4.23%
Return on Net Nonoperating Assets (RNNOA)	7.13%	4.17%	4.73%	7.63%	7.86%	6.59%	7.01%	7.29%	4.89%	4.99%
Return on Equity (ROE)	13.95%	8.46%	9.61%	13.57%	15.53%	13.04%	13.81%	14.52%	10.09%	10.02%
Cash Return on Invested Capital (CROIC)	-1.28%	-1.20%	-1.20%	-1.13%	-2.07%	-0.51%	-1.26%	-1.65%	-1.73%	-3.99%
Operating Return on Assets (OROA)	4.64%	4.26%	4.01%	6.31%	4.65%	5.03%	5.39%	4.81%	3.69%	4.37%
Return on Assets (ROA)	3.66%	1.84%	2.02%	5.12%	3.56%	2.80%	3.09%	3.98%	2.45%	2.27%
Return on Common Equity (ROCE)	13.95%	8.46%	9.61%	13.57%	15.53%	13.04%	13.81%	14.52%	10.09%	10.02%
Return on Equity Simple (ROE_SIMPLE)	0.00%	8.83%	9.03%	9.42%	0.00%	8.07%	8.30%	8.29%	0.00%	8.74%
Net Operating Profit after Tax (NOPAT)	269	126	142	240	225	144	156	270	186	118
NOPAT Margin	44.45%	29.01%	32.64%	39.26%	46.98%	35.03%	35.65%	37.18%	26.39%	27.07%
Net Nonoperating Expense Percent (NNEP)	1.11%	0.79%	0.94%	-0.36%	1.29%	0.95%	0.98%	1.21%	1.12%	0.79%
Return On Investment Capital (ROIC_SIMPLE)	1.93%	-	-	-	1.73%	-	-	-	1.55%	-
Cost of Revenue to Revenue	42.69%	37.56%	40.57%	43.55%	40.56%	39.78%	40.17%	54.28%	61.22%	46.80%
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%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	19.82%	26.81%	25.98%	18.76%	23.15%	26.81%	24.28%	14.68%	14.69%	24.24%
Earnings before Interest and Taxes (EBIT)	235	161	150	327	177	144	159	232	173	132
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	331	253	241	417	265	230	245	315	254	215
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.59	1.71	1.64	1.64	1.66	1.48	1.80	1.99	2.17	1.90
Price to Tangible Book Value (P/TBV)	2.56	2.75	2.65	2.67	2.75	2.45	3.10	3.46	3.84	3.38
Price to Revenue (P/Rev)	4.74	5.38	5.23	5.14	4.76	3.85	4.39	4.75	5.09	4.79
Price to Earnings (P/E)	16.60	19.33	18.19	17.40	19.63	18.38	21.71	24.02	25.04	21.72
Dividend Yield	3.52%	3.23%	3.32%	3.31%	3.32%	4.38%	3.75%	3.40%	3.15%	2.82%
Earnings Yield	6.02%	5.17%	5.50%	5.75%	5.09%	5.44%	4.61%	4.16%	3.99%	4.60%
Enterprise Value to Invested Capital (EV/IC)	1.25	1.31	1.29	1.28	1.29	1.22	1.36	1.43	1.52	1.39
Enterprise Value to Revenue (EV/Rev)	8.44	9.17	8.94	8.75	8.21	6.85	7.39	7.65	8.00	7.88
Enterprise Value to EBITDA (EV/EBITDA)	14.17	15.28	15.02	14.67	15.98	14.95	16.52	17.56	18.17	17.08
Enterprise Value to EBIT (EV/EBIT)	20.17	22.06	21.69	21.02	23.69	22.05	24.43	25.98	26.69	25.27
Enterprise Value to NOPAT (EV/NOPAT)	22.37	24.39	23.23	22.41	21.11	20.52	23.14	25.19	26.81	25.09
Enterprise Value to Operating Cash Flow (EV/OCF)	22.84	23.92	23.44	21.96	18.06	17.63	21.12	25.62	30.47	27.73
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	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.25	1.20	1.17	1.16	1.20	1.16	1.23	1.22	1.24	1.23
Long-Term Debt to Equity	1.19	1.17	1.14	1.13	1.16	1.10	1.18	1.18	1.20	1.16
Financial Leverage	1.25	1.19	1.20	1.21	1.23	1.20	1.20	1.21	1.20	1.18
Leverage Ratio	2.88	2.81	2.83	2.83	2.89	2.82	2.84	2.85	2.88	2.82
Compound Leverage Factor	1.92	1.49	1.46	2.21	1.71	1.49	1.62	1.97	1.74	1.56
Debt to Total Capital	55.48%	54.59%	53.90%	53.67%	54.59%	53.60%	55.13%	55.01%	55.31%	55.17%
Short-Term Debt to Total Capital	2.37%	1.27%	1.23%	1.18%	1.75%	2.75%	1.97%	1.80%	1.66%	3.05%
Long-Term Debt to Total Capital	53.12%	53.33%	52.67%	52.49%	52.84%	50.85%	53.16%	53.21%	53.65%	52.13%
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%
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%
Common Equity to Total Capital	44.52%	45.41%	46.10%	46.33%	45.41%	46.40%	44.87%	44.99%	44.69%	44.83%
Debt to EBITDA	6.22	6.32	6.25	6.09	6.72	6.55	6.70	6.69	6.61	6.73
Net Debt to EBITDA	6.21	6.31	6.23	6.06	6.71	6.54	6.69	6.67	6.60	6.71
Long-Term Debt to EBITDA	5.95	6.17	6.11	5.95	6.50	6.22	6.46	6.47	6.41	6.36
Debt to NOPAT	9.82	10.08	9.67	9.30	8.88	8.99	9.39	9.59	9.76	9.88
Net Debt to NOPAT	9.81	10.07	9.64	9.25	8.87	8.98	9.37	9.56	9.74	9.85
Long-Term Debt to NOPAT	9.40	9.85	9.45	9.09	8.59	8.53	9.05	9.28	9.46	9.34
Altman Z-Score	0.78	0.83	0.83	0.86	0.81	0.78	0.88	0.96	0.96	0.90
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.50	0.55	0.58	0.62	0.62	0.46	0.53	0.63	0.64	0.64
Quick Ratio	0.33	0.31	0.37	0.45	0.31	0.24	0.31	0.44	0.38	0.27
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-691	-770	-760	-661	-833	-680	-731	-630	-697	-1,003
Operating Cash Flow to CapEx	37.23%	51.08%	62.84%	278.49%	45.51%	52.87%	66.76%	164.92%	22.84%	29.46%
Free Cash Flow to Firm to Interest Expense	-8.72	-10.01	-10.40	-9.03	-11.43	-9.92	-10.57	-8.66	-10.14	-16.58
Operating Cash Flow to Interest Expense	1.86	2.55	2.54	3.29	1.77	2.67	3.18	5.53	1.18	1.70
Operating Cash Flow Less CapEx to Interest Expense	-3.14	-2.44	-1.50	2.11	-2.12	-2.38	-1.58	2.18	-3.99	-4.07
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.12	0.12	0.12	0.12	0.13	0.14	0.15	0.15	0.15	0.14
Accounts Receivable Turnover	7.52	9.50	8.80	6.48	6.60	11.09	10.27	7.49	7.18	11.32
Inventory Turnover	8.37	6.88	8.30	9.84	5.94	6.52	10.16	16.00	7.86	6.29
Fixed Asset Turnover	0.17	0.16	0.16	0.16	0.18	0.20	0.21	0.21	0.21	0.20
Accounts Payable Turnover	3.60	3.78	4.17	5.05	4.03	5.69	6.46	7.82	5.63	5.66
Days Sales Outstanding (DSO)	48.52	38.40	41.49	56.33	55.32	32.92	35.54	48.74	50.87	32.23
Days Inventory Outstanding (DIO)	43.63	53.03	43.99	37.11	61.45	55.94	35.91	22.81	46.43	58.04
Days Payable Outstanding (DPO)	101.32	96.49	87.43	72.29	90.49	64.14	56.49	46.70	64.82	64.44
Cash Conversion Cycle (CCC)	-9.18	-5.06	-1.95	21.15	26.28	24.72	14.96	24.85	32.48	25.83
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	14,075	13,690	13,414	13,258	13,115	12,794	12,513	12,357	12,057	11,970
Invested Capital Turnover	0.15	0.15	0.15	0.15	0.16	0.18	0.19	0.19	0.20	0.19
Increase / (Decrease) in Invested Capital	960	896	901	902	1,059	824	887	900	883	1,121
Enterprise Value (EV)	17,598	17,979	17,315	16,971	16,862	15,612	17,009	17,711	18,293	16,693
Market Capitalization	9,882	10,556	10,127	9,963	9,779	8,778	10,122	10,986	11,649	10,140
Book Value per Share	$22.57	$22.59	$22.53	$22.25	$21.58	$22.39	$21.24	$20.88	$20.50	$20.38
Tangible Book Value per Share	$14.04	$14.02	$13.96	$13.67	$13.00	$13.53	$12.37	$12.00	$11.56	$11.43
Total Capital	13,924	13,612	13,370	13,124	12,984	12,764	12,513	12,260	12,032	11,920
Total Debt	7,725	7,432	7,207	7,043	7,088	6,842	6,899	6,744	6,655	6,576
Total Long-Term Debt	7,396	7,259	7,042	6,889	6,861	6,491	6,652	6,523	6,456	6,213
Net Debt	7,716	7,423	7,188	7,008	7,083	6,833	6,887	6,724	6,644	6,553
Capital Expenditures (CapEx)	397	384	296	86	283	346	329	244	355	349
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-169	-145	-120	-140	-83	-145	-123	-92	-176	33
Debt-free Net Working Capital (DFNWC)	-159	-137	-101	-104	-78	-137	-112	-72	-164	56
Net Working Capital (NWC)	-489	-309	-266	-259	-306	-487	-358	-294	-364	-307
Net Nonoperating Expense (NNE)	84	57	66	-25	90	64	64	79	71	49
Net Nonoperating Obligations (NNO)	7,876	7,509	7,251	7,177	7,219	6,872	6,898	6,841	6,679	6,627
Total Depreciation and Amortization (D&A)	97	93	91	90	88	86	86	84	81	83
Debt-free, Cash-free Net Working Capital to Revenue	-8.08%	-7.41%	-6.20%	-7.19%	-4.04%	-6.37%	-5.35%	-3.99%	-7.68%	1.56%
Debt-free Net Working Capital to Revenue	-7.64%	-6.98%	-5.23%	-5.38%	-3.82%	-6.00%	-4.85%	-3.12%	-7.18%	2.66%
Net Working Capital to Revenue	-23.43%	-15.77%	-13.75%	-13.36%	-14.90%	-21.37%	-15.56%	-12.68%	-15.90%	-14.48%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.67	$0.25	$0.28	$0.97	$0.49	$0.30	$0.35	$0.72	$0.44	$0.26
Adjusted Weighted Average Basic Shares Outstanding	273.91M	274.02M	273.57M	273.38M	267.17M	266.77M	264.42M	264.19M	262.25M	262.21M
Adjusted Diluted Earnings per Share	$0.67	$0.25	$0.28	$0.97	$0.50	$0.30	$0.34	$0.72	$0.44	$0.26
Adjusted Weighted Average Diluted Shares Outstanding	274.42M	274.54M	273.95M	273.74M	267.66M	267.18M	264.82M	264.75M	262.87M	262.75M
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
Adjusted Weighted Average Basic & Diluted Shares Outstanding	274.92M	274.61M	273.67M	273.52M	273.30M	273.17M	264.51M	264.38M	264.14M	262.29M
Normalized Net Operating Profit after Tax (NOPAT)	159	126	142	161	122	96	109	158	119	118
Normalized NOPAT Margin	26.25%	29.01%	32.64%	26.38%	25.40%	23.39%	24.89%	21.73%	16.87%	27.07%
Pre Tax Income Margin	25.79%	19.58%	17.78%	41.68%	21.82%	18.57%	20.84%	22.00%	14.88%	16.90%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.96	2.09	2.05	4.47	2.43	2.10	2.30	3.19	2.52	2.19
NOPAT to Interest Expense	3.39	1.64	1.94	3.28	3.09	2.10	2.25	3.72	2.71	1.94
EBIT Less CapEx to Interest Expense	-2.05	-2.90	-1.99	3.29	-1.46	-2.95	-2.46	-0.16	-2.65	-3.58
NOPAT Less CapEx to Interest Expense	-1.62	-3.35	-2.10	2.10	-0.80	-2.95	-2.51	0.37	-2.46	-3.83
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	58.19%	62.44%	59.83%	56.75%	63.59%	64.51%	64.81%	64.86%	62.04%	60.23%
Augmented Payout Ratio	58.87%	62.85%	60.23%	57.15%	64.39%	65.37%	65.70%	65.76%	62.30%	60.45%

Frequently Asked Questions About Essential Utilities' Financials

When does Essential Utilities's fiscal year end?

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

How has Essential Utilities' net income changed over the last 9 years?

Essential Utilities' net income appears to be on an upward trend, with a most recent value of $595.31 million in 2024, rising from $201.79 million in 2015. The previous period was $498.23 million in 2023. View Essential Utilities' forecast to see where analysts expect Essential Utilities to go next.

What is Essential Utilities's operating income?

Essential Utilities's total operating income in 2024 was $757.67 million, based on the following breakdown:

Total Gross Profit: $1.22 billion
Total Operating Expenses: $464.19 million

How has Essential Utilities revenue changed over the last 9 years?

Over the last 9 years, Essential Utilities' total revenue changed from $814.20 million in 2015 to $2.09 billion in 2024, a change of 156.2%.

How much debt does Essential Utilities have?

Essential Utilities' total liabilities were at $11.83 billion at the end of 2024, a 8.1% increase from 2023, and a 196.3% increase since 2015.

How much cash does Essential Utilities have?

In the past 9 years, Essential Utilities' cash and equivalents has ranged from $3.23 million in 2015 to $1.87 billion in 2019, and is currently $9.16 million as of their latest financial filing in 2024.

How has Essential Utilities' book value per share changed over the last 9 years?

Over the last 9 years, Essential Utilities' book value per share changed from 9.78 in 2015 to 22.57 in 2024, a change of 130.7%.

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This page (NYSE:WTRG) was last updated on 5/21/2025 by MarketBeat.com Staff

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Essential Utilities (WTRG) Financials

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Essential Utilities (WTRG) Financials

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