Unitil Corporation (UTL) Financial Ratios
30 years of historical data (1996–2025) · Utilities · Diversified Utilities
EV/EBITDA
↑
9.76
+1% vs avg
5yr avg: 9.64
30Y Low6.4·High11.5
P/FCF
N/A
—
5yr avg: N/A
30Y Low20.2·High61.9
P/B Ratio
↓
1.49
-9% vs avg
5yr avg: 1.63
30Y Low0.9·High2.4
ROE
↑
8.9%
-2% vs avg
5yr avg: 9.1%
30Y Low1%·High12%
Debt/EBITDA
↑
4.94
+10% vs avg
5yr avg: 4.48
30Y Low3.2·High8.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
UTL Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Unitil Corporation trades at 17.4x earnings, 6% below its 5-year average of 18.6x, sitting at the 23rd percentile of its historical range. Compared to the Utilities sector median P/E of 19.3x, the stock trades at a discount of 10%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $931M | $852M | $873M | $844M | $822M | $707M | $662M | $921M | $751M | $643M | $635M |
| Enterprise Value | $1.9B | $1.8B | $1.6B | $1.5B | $1.4B | $1.3B | $1.2B | $1.4B | $1.2B | $1.1B | $1.1B |
| P/E Ratio → | 17.42 | 16.31 | 18.49 | 18.64 | 19.83 | 19.57 | 20.59 | 20.81 | 22.71 | 22.15 | 23.37 |
| P/S Ratio | 1.74 | 1.59 | 1.76 | 1.51 | 1.46 | 1.49 | 1.58 | 2.10 | 1.69 | 1.58 | 1.66 |
| P/B Ratio | 1.49 | 1.40 | 1.70 | 1.72 | 1.76 | 1.58 | 1.70 | 2.44 | 2.14 | 1.91 | 2.16 |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | 7.09 | 6.49 | 6.93 | 7.89 | 8.41 | 6.56 | 8.74 | 8.78 | 9.57 | 7.46 | 9.29 |
P/E links to full P/E history page with 30-year chart
UTL EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Unitil Corporation's enterprise value stands at 9.8x EBITDA, roughly in line with its 5-year average of 9.6x. The Utilities sector median is 11.6x, placing the stock at a 16% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.31 | 3.28 | 2.73 | 2.54 | 2.70 | 2.98 | 3.28 | 2.79 | 2.68 | 2.75 |
| EV / EBITDA | 9.76 | 9.35 | 9.73 | 9.83 | 9.98 | 9.31 | 9.91 | 11.48 | 10.18 | 9.33 | 9.43 |
| EV / EBIT | 18.32 | 16.24 | 16.42 | 16.28 | 17.66 | 17.10 | 18.14 | 16.97 | 18.25 | 15.10 | 15.95 |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
UTL Profitability
Margins and return-on-capital ratios measuring operating efficiency
Unitil Corporation earns an operating margin of 18.9%, roughly in line with the Utilities sector average. Operating margins have expanded from 15.6% to 18.9% over the past 3 years, signaling improving operational efficiency. ROE of 8.9% is modest, trailing the sector median of 9.3%. ROIC of 5.4% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 41.3% | 41.3% | 39.7% | 32.8% | 30.0% | 34.2% | 35.8% | 33.7% | 32.4% | 33.9% | 34.3% |
| Operating Margin | 18.9% | 18.9% | 18.3% | 15.6% | 14.3% | 16.4% | 17.1% | 16.7% | 16.0% | 17.2% | 17.0% |
| Net Profit Margin | 9.4% | 9.4% | 9.5% | 8.1% | 7.4% | 7.6% | 7.7% | 10.1% | 7.4% | 7.1% | 7.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.9% | 8.9% | 9.4% | 9.4% | 9.0% | 8.6% | 8.4% | 12.1% | 9.6% | 9.2% | 9.4% |
| ROA | 2.5% | 2.5% | 2.7% | 2.8% | 2.6% | 2.4% | 2.2% | 3.3% | 2.6% | 2.4% | 2.5% |
| ROIC | 5.4% | 5.4% | 5.6% | 5.8% | 5.8% | 5.8% | 5.7% | 6.3% | 6.6% | 7.0% | 7.1% |
| ROCE | 6.2% | 6.2% | 6.1% | 6.4% | 6.0% | 5.7% | 5.4% | 6.2% | 6.5% | 6.8% | 7.0% |
UTL Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Unitil Corporation carries a Debt/EBITDA ratio of 4.9x, which is highly leveraged (roughly in line with the sector average of 5.2x). Net debt stands at $923M ($939M total debt minus $16M cash). Interest coverage of just 2.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.54 | 1.54 | 1.47 | 1.39 | 1.32 | 1.29 | 1.52 | 1.38 | 1.41 | 1.34 | 1.46 |
| Debt / EBITDA | 4.94 | 4.94 | 4.53 | 4.41 | 4.31 | 4.21 | 4.70 | 4.16 | 4.07 | 3.89 | 3.81 |
| Net Debt / Equity | — | 1.51 | 1.46 | 1.38 | 1.30 | 1.27 | 1.51 | 1.37 | 1.38 | 1.32 | 1.44 |
| Net Debt / EBITDA | 4.86 | 4.86 | 4.50 | 4.37 | 4.24 | 4.16 | 4.65 | 4.12 | 4.00 | 3.81 | 3.76 |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | 2.50 | 2.50 | 2.62 | 2.67 | 2.86 | 2.75 | 2.61 | 3.18 | 2.57 | 2.82 | 2.79 |
UTL Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.56x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.64x to 0.56x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.56 | 0.56 | 0.83 | 0.64 | 0.75 | 0.92 | 1.02 | 0.82 | 0.79 | 1.00 | 0.74 |
| Quick Ratio | 0.52 | 0.52 | 0.76 | 0.59 | 0.70 | 0.87 | 0.96 | 0.76 | 0.75 | 0.95 | 0.74 |
| Cash Ratio | 0.04 | 0.04 | 0.03 | 0.02 | 0.03 | 0.04 | 0.04 | 0.03 | 0.04 | 0.06 | 0.03 |
| Asset Turnover | — | 0.25 | 0.28 | 0.33 | 0.35 | 0.31 | 0.28 | 0.31 | 0.34 | 0.33 | 0.34 |
| Inventory Turnover | 18.85 | 18.85 | 19.49 | 25.80 | 29.86 | 32.45 | 29.54 | 33.38 | 38.47 | 35.80 | 419.83 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
UTL Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Unitil Corporation returns 3.3% to shareholders annually primarily through dividends. A payout ratio of 60.0% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 5.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.3% | 3.5% | 3.2% | 3.1% | 3.1% | 3.3% | 3.4% | 2.4% | 2.9% | 3.2% | 3.2% |
| Payout Ratio | 60.0% | 60.0% | 58.4% | 58.0% | 60.6% | 65.4% | 70.2% | 50.0% | 66.1% | 70.3% | 73.8% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.7% | 6.1% | 5.4% | 5.4% | 5.0% | 5.1% | 4.9% | 4.8% | 4.4% | 4.5% | 4.3% |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.3% | 3.5% | 3.2% | 3.1% | 3.1% | 3.3% | 3.4% | 2.4% | 2.9% | 3.2% | 3.2% |
| Shares Outstanding | — | $18M | $16M | $16M | $16M | $15M | $15M | $15M | $15M | $14M | $14M |
Peer Comparison
Compare UTL with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 UTLYou | $931M | 17.4 | 9.8 | — | 41.3% | 18.9% | 8.9% | 5.4% | 4.9 |
 AVA | $3B | 17.1 | 10.4 | — | 24.2% | 18.0% | 7.3% | 4.5% | 5.3 |
 ARTNA | $337M | 14.8 | 10.5 | — | 37.2% | 31.5% | 9.3% | 6.3% | 3.7 |
 MSEX | $982M | 22.4 | 16.1 | — | 39.2% | 27.9% | 9.1% | 4.7% | 4.8 |
 YORW | $435M | 21.7 | 15.9 | — | 54.8% | 35.8% | 8.5% | 4.6% | 5.5 |
 NWPX | $1B | 38.9 | 20.4 | 28.4 | 19.7% | 9.7% | 9.2% | 7.6% | 1.5 |
 MGEE | $3B | 20.8 | 13.2 | — | 97.3% | 22.9% | 10.7% | 6.1% | 3.3 |
 ES | $27B | 15.6 | 10.5 | — | 30.1% | 22.1% | 10.7% | 4.9% | 5.6 |
 NI | $23B | 24.2 | 12.9 | — | 58.6% | 27.6% | 8.3% | 5.3% | 5.4 |
 SR | $5B | 17.9 | 12.0 | — | 78.1% | 21.2% | 8.2% | 4.7% | 6.4 |
 NWN | $2B | 18.0 | 7.9 | — | 39.6% | 31.4% | 7.9% | 8.1% | 4.5 |
| Utilities Median | — | 19.3 | 11.6 | 19.1 | 39.1% | 18.6% | 9.3% | 4.9% | 5.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
UTL — Frequently Asked Questions
Quick answers to the most common questions about buying UTL stock.
What is Unitil Corporation's P/E ratio?
Unitil Corporation's current P/E ratio is 17.4x. The historical average is 22.5x. This places it at the 23th percentile of its historical range.
What is Unitil Corporation's EV/EBITDA?
Unitil Corporation's current EV/EBITDA is 9.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.9x.
What is Unitil Corporation's ROE?
Unitil Corporation's return on equity (ROE) is 8.9%. The historical average is 8.7%.
Is UTL stock overvalued?
Based on historical data, Unitil Corporation is trading at a P/E of 17.4x. This is at the 23th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Unitil Corporation's dividend yield?
Unitil Corporation's current dividend yield is 3.31% with a payout ratio of 60.0%.
What are Unitil Corporation's profit margins?
Unitil Corporation has 41.3% gross margin and 18.9% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Unitil Corporation have?
Unitil Corporation's Debt/EBITDA ratio is 4.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.