Essential Utilities (WTRG) Financials

$40.13 +0.76 (+1.93%)

Closing price 04/14/2025 03:58 PM Eastern

Extended Trading

$40.50 +0.37 (+0.92%)

As of 09:11 AM 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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	202	234	240	192	225	285	432	465	498	595
Consolidated Net Income / (Loss)	202	234	240	192	225	285	432	465	498	595
Net Income / (Loss) Continuing Operations	202	234	240	192	225	285	432	465	498	595
Total Pre-Tax Income	217	255	257	178	212	265	422	451	432	573
Total Operating Income	321	333	334	323	340	435	603	661	692	758
Total Gross Profit	505	523	527	530	557	768	987	1,072	1,126	1,222
Total Revenue	814	820	810	838	890	1,463	1,878	2,288	2,054	2,086
Operating Revenue	814	820	810	838	890	1,463	1,878	2,288	2,054	2,086
Total Cost of Revenue	309	297	282	308	333	694	891	1,216	928	864
Operating Cost of Revenue	309	297	282	308	333	694	891	1,216	928	864
Total Operating Expenses	184	189	193	206	216	334	385	411	434	464
Depreciation Expense	125	131	136	146	158	251	292	316	339	364
Amortization Expense	3.45	2.02	0.42	0.64	-1.70	5.62	5.76	5.37	5.04	5.65
Other Operating Expenses / (Income)	55	56	57	60	60	77	87	90	90	95
Total Other Income / (Expense), net	-104	-78	-77	-145	-129	-170	-181	-210	-260	-184
Interest Expense	76	81	89	99	144	188	208	238	283	302
Interest & Investment Income	-35	0.98	0.53	2.23	28	1.99	2.38	3.68	3.40	3.32
Other Income / (Expense), net	6.69	1.48	11	-48	-12	17	25	24	20	115
Income Tax Expense	15	21	17	-14	-13	-20	-9.61	-14	-66	-22
Basic Earnings per Share	$1.14	$1.32	$1.35	$1.08	$1.04	$1.14	$1.68	$1.77	$1.86	$2.17
Weighted Average Basic Shares Outstanding	176.79M	177.27M	177.61M	177.90M	215.55M	249.77M	257.49M	262.25M	267.17M	273.91M
Diluted Earnings per Share	$1.14	$1.32	$1.35	$1.08	$1.04	$1.12	$1.67	$1.77	$1.86	$2.17
Weighted Average Diluted Shares Outstanding	177.52M	177.85M	178.18M	178.40M	215.93M	254.63M	258.18M	262.87M	267.66M	274.42M
Weighted Average Basic & Diluted Shares Outstanding	177M	177.40M	177.60M	177.80M	222.78M	245.39M	252.88M	264.14M	273.30M	274.92M
Cash Dividends to Common per Share	$0.69	$0.74	$0.79	$0.85	$0.91	$0.97	$1.04	$1.11	$1.19	$1.27

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

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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-0.91	0.53	0.44	-0.58	1,865	-1,864	5.74	0.83	-6.79	4.54
Net Cash From Operating Activities	371	396	381	369	339	508	645	600	934	770
Net Cash From Continuing Operating Activities	371	396	381	369	339	508	645	600	934	770
Net Income / (Loss) Continuing Operations	202	234	240	192	225	285	432	465	498	595
Consolidated Net Income / (Loss)	202	234	240	192	225	285	432	465	498	595
Depreciation Expense	129	133	137	147	156	257	298	321	344	370
Non-Cash Adjustments To Reconcile Net Income	46	9.77	5.16	54	-30	40	36	39	34	-61
Changes in Operating Assets and Liabilities, net	-5.39	19	-0.30	-24	-13	-74	-121	-225	57	-134
Net Cash From Investing Activities	-394	-383	-480	-640	-605	-4,334	-1,056	-1,178	-1,222	-1,163
Net Cash From Continuing Investing Activities	-394	-383	-480	-640	-605	-4,334	-1,056	-1,178	-1,222	-1,163
Purchase of Property, Plant & Equipment	-394	-392	-484	-641	-610	-4,337	-1,057	-1,180	-1,244	-1,330
Sale of Property, Plant & Equipment	0.65	7.75	1.34	0.72	2.89	2.12	1.82	1.08	42	167
Other Investing Activities, net	-1.03	1.46	2.22	0.90	2.46	1.70	-1.03	0.27	-19	-0.34
Net Cash From Financing Activities	22	-12	100	271	2,131	1,962	417	579	281	397
Net Cash From Continuing Financing Activities	22	-12	100	271	2,131	1,962	417	579	281	397
Repayment of Debt	-404	-393	-363	-915	-1,065	-1,950	-769	-814	-877	-1,001
Repurchase of Common Equity	-25	-3.03	-2.17	-2.56	-1.87	-4.37	-3.29	-1.19	-3.98	-4.05
Payment of Dividends	-121	-131	-141	-151	-189	-233	-259	-289	-317	-346
Issuance of Debt	561	504	591	1,344	1,435	3,367	1,082	1,647	1,139	1,650
Issuance of Common Equity	0.68	1.39	1.45	5.16	1,946	746	317	80	339	52
Other Financing Activities, net	11	9.09	13	-9.98	6.16	36	49	-44	0.46	48
Cash Interest Paid	75	73	82	94	89	169	202	226	273	276
Cash Income Taxes Paid	6.90	2.74	3.18	2.10	0.97	4.85	5.69	11	7.84	6.70

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

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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	5,718	6,159	6,332	6,964	9,362	13,705	14,658	15,719	16,841	18,027
Total Current Assets	128	129	131	147	2,015	380	438	658	492	486
Cash & Equivalents	3.23	3.76	4.20	3.63	1,869	4.83	11	11	4.61	9.16
Accounts Receivable	99	97	99	101	108	273	261	377	246	309
Inventories, net	12	13	14	16	18	58	110	200	113	94
Prepaid Expenses	12	13	13	23	16	39	37	40	100	41
Other Current Assets	-	-	-	-	2.39	5.09	20	19	29	33
Plant, Property, & Equipment, net	4,689	5,002	5,400	5,930	6,346	9,513	10,252	11,131	12,097	13,143
Plant, Property & Equipment, gross	6,088	6,509	7,004	7,648	8,202	11,620	12,610	13,737	14,977	16,275
Accumulated Depreciation	1,399	1,508	1,604	1,718	1,856	2,107	2,359	2,606	2,880	3,132
Total Noncurrent Assets	901	1,029	801	887	1,001	3,812	4,004	3,977	4,252	4,397
Long-Term Investments	7.72	7.03	6.67	6.96	5.98	-	-	-	0.00	0.00
Goodwill	34	42	42	53	64	2,325	2,341	2,341	2,341	2,341
Intangible Assets	-	-	-	-	0.00	7.24	5.76	4.60	3.59	3.27
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	-	-	-	-	0.00	0.00
Other Noncurrent Operating Assets	859	979	752	827	931	1,479	1,621	1,551	1,907	2,052
Other Noncurrent Nonoperating Assets	-	-	-	-	0.00	1.27	37	80	1.38	1.42
Total Liabilities & Shareholders' Equity	5,718	6,159	6,332	6,964	9,362	13,705	14,658	15,719	16,841	18,027
Total Liabilities	3,992	4,309	4,375	4,955	5,481	9,021	9,510	10,389	10,945	11,828
Total Current Liabilities	193	302	284	399	323	604	675	1,022	798	975
Short-Term Debt	52	157	117	160	131	163	132	199	228	329
Accounts Payable	56	47	59	77	75	177	193	239	221	259
Accrued Expenses	50	40	41	47	50	123	124	131	127	137
Dividends Payable	-	-	-	-	-	-	0.00	76	84	89
Current Deferred & Payable Income Tax Liabilities	22	26	24	22	23	37	38	34	41	38
Other Current Liabilities	-	13	22	69	16	64	147	292	45	49
Other Current Nonoperating Liabilities	13	18	21	23	30	39	41	50	53	72
Total Noncurrent Liabilities	3,799	4,007	4,090	4,556	5,158	8,418	8,834	9,367	10,147	10,853
Long-Term Debt	1,720	1,738	2,008	2,398	2,943	5,508	5,815	6,418	6,826	7,368
Capital Lease Obligations	-	-	-	0.00	12	56	48	38	34	27
Asset Retirement Reserve & Litigation Obligation	260	251	542	531	513	775	771	780	822	766
Noncurrent Deferred Revenue	87	92	93	93	96	99	104	115	129	113
Noncurrent Deferred & Payable Income Tax Liabilities	1,119	1,269	769	845	936	1,258	1,407	1,346	1,628	1,832
Noncurrent Employee Benefit Liabilities	-	-	-	-	69	92	50	31	39	34
Other Noncurrent Operating Liabilities	613	658	678	688	589	630	640	639	669	713
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	1,726	1,850	1,958	2,009	3,881	4,684	5,184	5,377	5,896	6,199
Total Preferred & Common Equity	1,726	1,850	1,958	2,009	3,881	4,684	5,184	5,377	5,896	6,199
Total Common Equity	1,726	1,850	1,958	2,009	3,881	4,684	5,184	5,377	5,896	6,199
Common Stock	863	888	897	911	2,748	3,503	3,834	3,927	4,276	4,339
Retained Earnings	930	1,033	1,133	1,174	1,210	1,262	1,434	1,534	1,707	1,949
Treasury Stock	-68	-71	-73	-76	-78	-81	-84	-84	-86	-90

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

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

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

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

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.

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 4/15/2025 by MarketBeat.com Staff

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Essential Utilities (WTRG) Financials

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Essential Utilities (WTRG) Financials

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