Unitil (UTL) Financials

$57.98 +0.03 (+0.05%)

Closing price 04/15/2025 03:59 PM Eastern

Extended Trading

$57.96 -0.02 (-0.04%)

As of 04/15/2025 04:53 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	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	25	26	27	29	33	44	32	36	41	45	47
Consolidated Net Income / (Loss)	25	26	27	29	93	125	32	36	41	45	47
Net Income / (Loss) Continuing Operations	25	26	27	29	93	125	32	36	41	45	47
Total Pre-Tax Income	39	42	43	47	41	58	42	48	53	58	61
Total Operating Income	60	63	70	75	71	73	71	78	81	87	91
Total Gross Profit	102	109	117	122	352	348	150	137	169	183	197
Total Revenue	426	427	383	406	444	438	419	473	563	557	495
Operating Revenue	420	421	383	406	444	438	419	473	563	557	495
Total Cost of Revenue	324	318	267	284	92	90	269	336	394	374	298
Operating Cost of Revenue	307	300	247	263	70	67	269	312	394	374	298
Total Operating Expenses	42	46	47	47	281	194	78	60	89	96	106
Depreciation Expense	42	46	47	47	50	52	55	60	63	67	76
Other Operating Expenses / (Income)	-	-	-	-	231	142	24	-	26	29	30
Total Other Income / (Expense), net	-21	-21	-28	-29	30	-15	-29	-30	-28	-29	-30
Interest & Investment Income	-21	-22	-23	-23	-24	-24	-24	-26	-26	-29	-29
Other Income / (Expense), net	-0.40	0.50	-5.20	-5.80	-5.80	8.60	-5.20	-4.60	-2.40	0.00	-0.20
Income Tax Expense	14	15	15	18	8.39	14	10	12	11	13	14
Basic Earnings per Share	$1.79	$1.89	$1.94	$2.06	$2.23	$2.97	$2.15	$2.35	$2.59	$2.82	$2.93
Weighted Average Basic Shares Outstanding	13.80M	13.90M	14M	14.10M	14.80M	14.90M	14.95M	15.37M	15.99M	16.05M	16.10M
Diluted Earnings per Share	$1.79	$1.89	$1.94	$2.06	$2.23	$2.97	$2.15	$2.35	$2.59	$2.82	$2.93
Weighted Average Diluted Shares Outstanding	13.80M	13.90M	14M	14.10M	14.80M	14.90M	14.95M	15.38M	16.00M	16.05M	16.11M
Weighted Average Basic & Diluted Shares Outstanding	13.80M	13.90M	14M	14.10M	14.80M	14.90M	15M	15.40M	16.08M	16.16M	16.25M
Cash Dividends to Common per Share	$1.38	$1.40	$1.42	$1.44	$1.46	$1.48	$1.50	$1.52	$1.56	$1.62	$1.70

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

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

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

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

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

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	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	1,579	1,615	1,595	1,620	1,698	1,695	1,737
Total Current Assets	151	198	161	156	189	160	163
Cash & Equivalents	7.90	6.80	6.80	6.00	6.30	2.80	6.30
Accounts Receivable	124	169	129	129	158	132	131
Inventories, net	12	13	14	14	14	15	15
Prepaid Expenses	7.20	9.40	11	7.60	11	11	6.90
Current Deferred & Refundable Income Taxes	-	-	-	0.00	-	-	3.80
Plant, Property, & Equipment, net	1,304	1,341	1,358	1,390	1,430	1,455	1,502
Plant, Property & Equipment, gross	1,757	1,808	1,832	1,874	1,923	1,955	2,015
Accumulated Depreciation	453	466	475	484	493	500	512
Total Noncurrent Assets	125	76	76	74	79	80	72
Other Noncurrent Operating Assets	125	76	76	74	79	80	72
Total Liabilities & Shareholders' Equity	1,579	1,615	1,595	1,620	1,698	1,695	1,737
Total Liabilities	1,120	1,128	1,111	1,140	1,187	1,186	1,235
Total Current Liabilities	194	254	238	243	277	274	179
Short-Term Debt	80	147	139	137	175	163	69
Accounts Payable	35	46	37	36	38	37	36
Accrued Expenses	0.60	0.60	0.60	0.60	0.70	0.70	0.80
Current Deferred & Payable Income Tax Liabilities	0.00	1.20	2.30	0.70	8.90	8.00	0.00
Other Current Liabilities	71	52	55	64	47	60	66
Other Current Nonoperating Liabilities	6.50	6.10	5.20	6.50	7.20	6.00	7.40
Total Noncurrent Liabilities	927	875	873	897	911	912	1,056
Long-Term Debt	493	488	486	509	508	506	638
Asset Retirement Reserve & Litigation Obligation	156	160	163	165	169	172	190
Noncurrent Deferred & Payable Income Tax Liabilities	136	171	171	174	179	179	177
Noncurrent Employee Benefit Liabilities	135	47	44	41	46	46	43
Other Noncurrent Operating Liabilities	6.60	8.60	8.30	8.40	8.80	8.30	8.40
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	459	486	484	480	511	509	502
Total Preferred & Common Equity	459	486	484	480	511	509	502
Preferred Stock	0.20	0.20	0.20	0.20	0.20	0.20	0.20
Total Common Equity	459	486	484	480	511	509	502
Common Stock	334	336	337	337	339	339	340
Retained Earnings	124	150	148	143	172	169	162

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

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

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

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

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.

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 4/16/2025 by MarketBeat.com Staff

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Unitil (UTL) Financials

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Unitil (UTL) Financials

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