Essential Utilities, Inc. (WTRG) Financial Statements
Industry: Water Supply
In fiscal 2025, Essential Utilities reported revenue of $2.47B, up 18.6% from $2.09B the year before. Net income was $616.4M (a 24.9% net margin), or $2.20 per diluted share. Gross margin was 37.2% and operating margin was 37.2%. Operating activities generated $1.01B of cash. At fiscal year end, Essential Utilities held $6.86B in total assets against $12.61B in total liabilities, including $34.8M of cash and equivalents.
Open the full interactive Essential Utilities financials → Quarterly statements, key ratios, valuation history and price charts.
Essential Utilities Key Stats
| Share Price | $39.29 |
|---|---|
| Market Cap | $11.16B |
| P/E Ratio | 17.9 |
| Revenue YoY Growth | +18.6% |
| 52-Week Range | $35.92 – $42.00 |
| Shares Outstanding | 283.7 million (basic, 2026 Q2) |
Essential Utilities Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.46B | $1.88B | $2.29B | $2.05B | $2.09B | $2.47B |
| Cost of Goods Sold | $1.03B | $1.28B | $1.63B | $1.36B | $1.33B | $1.55B |
| Gross Profit | $434.7M | $602.7M | $661.2M | $692.1M | $757.7M | $921.0M |
| Operating Income | $434.7M | $602.7M | $661.2M | $692.1M | $757.7M | $921.0M |
| Pre-Tax Income | $265.0M | $422.0M | $450.9M | $431.8M | $573.5M | $619.8M |
| Income Tax | -$19.9M | -$9.6M | -$14.3M | -$66.4M | -$21.8M | $3.4M |
| Net Income | $284.8M | $431.6M | $465.2M | $498.2M | $595.3M | $616.4M |
| Diluted EPS | $1.12 | $1.67 | $1.77 | $1.86 | $2.17 | $2.20 |
Essential Utilities Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $477.0M | $699.1M | $861.8M | $530.9M |
| Net Income | $92.1M | $132.7M | $224.4M | $105.7M |
| Diluted EPS | $0.33 | $0.47 | $0.79 | $0.37 |
Essential Utilities Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | — | — | $4.6M | $9.2M | $34.8M |
| Current Assets | $380.2M | $437.8M | $658.2M | $492.0M | $485.9M | $610.4M |
| Total Assets | $13.71B | $14.66B | $15.72B | $16.84B | $6.20B | $6.86B |
| Current Liabilities | $603.9M | $675.1M | $1.02B | $797.9M | $974.7M | $764.5M |
| Total Long-Term Debt | $5.59B | $5.91B | $6.57B | $6.89B | $7.51B | $8.13B |
| Total Liabilities | $9.02B | $9.47B | $10.34B | $10.95B | $11.83B | $12.61B |
| Shareholders' Equity | $4.68B | $5.18B | $5.38B | $5.90B | $6.20B | $6.86B |
Essential Utilities Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $508.0M | $644.7M | $600.3M | $933.6M | $770.3M | $1.01B |
| Cash From Investing | -$4.33B | -$1.06B | -$1.18B | -$1.22B | -$1.16B | -$1.51B |
| Cash From Financing | $1.96B | $417.1M | $578.8M | $281.4M | $397.5M | $525.9M |
Figures from Essential Utilities' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Essential Utilities financials page for every line item.
Essential Utilities Company Profile
| Ticker | WTRG |
|---|---|
| Exchange | NYSE |
| Industry | Water Supply |
| Headquarters | Bryn Mawr, Pennsylvania |
| Incorporated in | Pennsylvania |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000078128 |
Frequently Asked Questions
What was Essential Utilities' revenue in fiscal 2025?
Essential Utilities (WTRG) reported revenue of $2.47B for fiscal 2025.
What is Essential Utilities' annual revenue history?
Essential Utilities' annual revenue by fiscal year: 2020: $1.46B; 2021: $1.88B; 2022: $2.29B; 2023: $2.05B; 2024: $2.09B; 2025: $2.47B.
What was Essential Utilities' net income in fiscal 2025?
Essential Utilities reported net income of $616.4M for fiscal 2025.
What was Essential Utilities' earnings per share (EPS) in fiscal 2025?
Essential Utilities' diluted EPS was $2.20 for fiscal 2025 (adjusted for any later stock splits).
What was Essential Utilities' revenue last quarter?
In its most recent reported quarter (2026 Q2), Essential Utilities reported revenue of $530.9M.
How much debt does Essential Utilities have?
Essential Utilities reported $8.13B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Essential Utilities are outstanding?
Essential Utilities reported a weighted average of 283.7 million basic shares outstanding in 2026 Q2.
What is Essential Utilities' market cap?
Based on its latest closing price, Essential Utilities (WTRG) has a market capitalization of about $11.16B.
When does Essential Utilities' fiscal year end?
Essential Utilities' fiscal year end, as registered with the SEC, is December 31.
Where is Essential Utilities headquartered?
Essential Utilities lists its business address in Bryn Mawr, Pennsylvania in its SEC filings.