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MARKETS / NYSE / Utilities / Water and sanitation / WTRG
NYSE · WATER SUPPLY · LARGE CAP

Essential Utilities, Inc. WTRG

19 fiscal years on record · USD · FY2025 reported · SEC filings only
3 YEARS OF DIVIDEND GROWTH
$2.5B
▲ 18.6% YoY
$616.4M
▲ 3.5% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Essential Utilities, Inc. is the holding company for regulated utilities providing water, wastewater, or natural gas services to an estimated 5.5 million people in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, and Kentucky under the Aqua and Peoples brands. As of December 31, 2025, the company employed a total of 3,303 full-time employees. The Company has identified eleven operating segments and has two reportable segments, the Regulated Water segment and the Regulated Natural Gas segment. The Regulated Water segment is comprised of eight operating segments for the Company's water and wastewater regulated utility companies, aligned with the states where they provide these services. Aqua Pennsylvania, Inc. accounted for approximately 57% of operating revenues and approximately 72% of income for the Regulated Water segment in 2025. The Regulated Natural Gas segment is comprised of one operating segment representing natural gas utility companies, for which the Company provides natural gas distribution services.

Written from the business description in Essential Utilities, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 2.5B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.5 · Net income 0.6
1B2B
2007201020132016201920222025
Compound annual growth
+2.6%
+11.1%
+11.8%
+9.3%
+9.8%
+16.7%
+11.8%
+11.3%
+7.5%
+14.5%
+6.8%
+7.7%
+67.0%
+6.6%
+6.9%
+7.2%
+9.0%
+9.7%
+9.9%
+10.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +11.1% a year over the five years to FY2025 — but profit grew faster: net income at +16.7%, earnings per share at +14.5%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

25 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 37.2% · Net 24.9%
20%40%
200720162025
ROE
FY2025 · ROE 9.4%
5%10%15%
200720162025
Three returns, three denominators.
Gross margin·
Operating margin37.2%
Net margin24.9%
EBITDAUSD 1.3B

Each USD of equity produced 9 cents of profit this year.

Cash & shareholders

USD 373.8M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2018 · FCF -127.2
25.0M50.0M-50.0M-100.0M
200720162025
Net buybacks $M Dividends $M
FY2025 · Dividends 373.8 · Net buybacks -13.0
150M300MDividendsNet buybacks
2007201020132016201920222025
Dividends paidUSD 373.8M
Net buybacksUSD -13.0M
Share of profit60.6%
Consecutive raises3 years

USD 373.8M in dividends — 61% of the year's profit went back to shareholders.

Total assetsUSD 19.5B
EquityUSD 6.9B
CashUSD 34.8M
Gross debtUSD 8.1B
Net debtUSD 8.1B
Current ratio0.80×

Net debt stands at 118% of equity.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
WTRG, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B2.52.12.12.31.91.50.90.80.80.80.80.80.80.80.70.70.60.60.6
Operating income $B0.90.80.70.70.60.40.30.30.30.30.30.30.30.30.30.30.20.2◌
EBITDA $B1.31.11.01.00.90.70.50.50.50.50.40.40.40.40.40.40.30.3◌
Income tax $B0.0−0.0−0.1−0.0−0.0−0.0−0.0−0.00.00.00.00.00.00.10.10.10.10.10.1
Net income $B0.60.60.50.50.40.30.20.20.20.20.20.20.20.20.10.10.10.10.1
Free cash flow $B◌◌◌◌◌◌◌−0.1−0.10.00.00.00.10.00.0−0.1−0.0−0.0−0.0
EPS, diluted $2.202.171.861.771.671.121.041.081.351.321.141.311.251.120.830.720.610.730.71
Dividend / sh $1.340.330.310.291.040.970.910.850.790.740.690.630.580.540.500.470.440.510.48
Payout %61586462608284795956604846486165727067
ROE %9.49.88.88.88.76.77.69.712.613.111.914.615.214.911.810.99.69.69.7
Shares out B◌◌◌◌◌◌◌◌0.180.180.180.180.180.180.170.170.170.140.13

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

This company against its peers

Essential Utilities, Inc.vsAmerican Water Works Company, Inc.Same industry: Water SupplyEssential Utilities, Inc.vsCalifornia Water Service GroupSame industry: Water SupplyEssential Utilities, Inc.vsH2O AmericaSame industry: Water SupplyEssential Utilities, Inc.vsAmerican States Water Co.Same industry: Water SupplyEssential Utilities, Inc.vsMiddlesex Water Co.Same industry: Water SupplyEssential Utilities, Inc.vsConsolidated Water Co. Ltd.Same industry: Water SupplyEssential Utilities, Inc.vsArtesian Resources Corp.Same industry: Water Supply
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Provenance

Company facts, as filed

How we verify · 0 failures in 64 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. One check was skipped: the share count is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityWater Supply
Listed onNYSE
Incorporated inPennsylvania
Fiscal year endsDecember 31
Data on record since2007

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