Unitil Corporation (UTL) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
UTL Revenue Growth
Revenue Breakdown (FY 2025)
UTL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
UTL Revenue Analysis (2014–2025)
As of May 8, 2026, Unitil Corporation (UTL) generated trailing twelve-month (TTM) revenue of $582.1 million, reflecting exceptional growth of +27.0% year-over-year. The most recent quarter (Q1 2026) recorded $216.9 million in revenue, up 34.3% sequentially.
Looking at the longer-term picture, UTL's 5-year compound annual growth rate (CAGR) stands at +5.1%, indicating steady revenue expansion. The company achieved its highest annual revenue of $563.2 million in 2022.
Revenue diversification analysis shows UTL's business is primarily driven by Gas (100%). With over half of revenue concentrated in Gas, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including AVA (-1.5% YoY), ARTNA (+4.6% YoY), and MSEX (+1.8% YoY), UTL has outperformed the peer group in terms of revenue growth. Compare UTL vs AVA →
UTL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| UTLCurrent | $582M | +27.0% | +5.1% | 18.9% | |
 AVA | $2.0B | -1.5% | +8.2% | 18.0% | |
 ARTNA | $113M | +4.6% | +5.1% | 31.5% | |
 MSEX | $195M | +1.8% | +6.6% | 27.9% | |
 YORW | $77M | -124.4% | +7.5% | 35.8% | |
 NWPX | $526M | +10.6% | +13.0% | 9.7% |
UTL Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $536.0M | +8.3% | $221.2M | 41.3% | $101.2M | 18.9% |
| 2024 | $494.8M | -11.2% | $196.6M | 39.7% | $90.6M | 18.3% |
| 2023 | $557.1M | -1.1% | $183.0M | 32.8% | $87.1M | 15.6% |
| 2022 | $563.2M | +19.0% | $169.0M | 30.0% | $80.5M | 14.3% |
| 2021 | $473.3M | +13.1% | $161.8M | 34.2% | $77.8M | 16.4% |
| 2020 | $418.6M | -4.5% | $149.8M | 35.8% | $71.4M | 17.1% |
| 2019 | $438.2M | -1.3% | $147.8M | 33.7% | $73.1M | 16.7% |
| 2018 | $444.1M | +9.3% | $144.0M | 32.4% | $71.2M | 16.0% |
| 2017 | $406.2M | +5.9% | $137.7M | 33.9% | $69.7M | 17.2% |
| 2016 | $383.4M | -10.2% | $131.5M | 34.3% | $65.3M | 17.0% |
See UTL's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs UTL Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare UTL vs GEV
Side-by-side business, growth, and profitability comparison vs GE Vernova Inc..
Start ComparisonUTL — Frequently Asked Questions
Quick answers to the most common questions about buying UTL stock.
Is UTL's revenue growth accelerating or slowing?
UTL revenue is accelerating at +27.0% year-over-year, exceeding the 5-year CAGR of +5.1%. TTM revenue reached $582M. Growth momentum has increased versus prior periods.
What is UTL's long-term revenue growth rate?
Unitil Corporation's 5-year revenue CAGR of +5.1% reflects the sustained expansion pattern. Current YoY growth of +27.0% is above this long-term average.
How is UTL's revenue distributed by segment?
UTL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.