Essential Utilities, Inc. (WTRG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 861.76M | 699.11M | 476.97M | 514.91M | 783.63M | 604.38M | 435.25M | 434.41M | 612.07M | 479.42M | 411.25M | 436.7M | 726.45M | 705.38M | 434.62M | 448.76M | 699.27M | 535.69M | 361.86M | 397.03M |
| Revenue Growth % | 9.97% | 15.67% | 9.58% | 18.53% | 28.03% | 26.07% | 5.84% | -0.53% | -15.75% | -32.03% | -5.38% | -2.69% | 3.89% | 31.68% | 20.11% | 13.03% | 19.83% | 13.01% | 3.79% | 3.27% |
| Cost of Revenue | 525.14M | 447.63M | 175.94M | 205.25M | 322.46M | 257.98M | 163.46M | 176.24M | 266.57M | 194.47M | 163.61M | 175.44M | 394.31M | 431.82M | 203.4M | 210.12M | 370.29M | 296.36M | 164.84M | 172.41M |
| Gross Profit | 336.62M | 251.49M | 301.03M | 309.66M | 461.16M | 346.4M | 271.79M | 258.17M | 345.49M | 284.95M | 247.65M | 261.26M | 332.14M | 273.56M | 231.22M | 238.63M | 328.98M | 239.33M | 197.02M | 224.62M |
| Gross Margin % | 39.06% | 35.97% | 63.11% | 60.14% | 58.85% | 57.31% | 62.44% | 59.43% | 56.45% | 59.44% | 60.22% | 59.83% | 45.72% | 38.78% | 53.2% | 53.18% | 47.05% | 44.68% | 54.45% | 56.57% |
| Gross Profit Growth % | -27.01% | -27.4% | 10.76% | 19.95% | 33.48% | 21.56% | 9.75% | -1.18% | 4.02% | 4.17% | 7.11% | 9.48% | 0.96% | 14.3% | 17.36% | 6.24% | 0.81% | 6.85% | 0.66% | 5.73% |
| Operating Expenses | 25.98M | 24.48M | 131.61M | 124.39M | 122.26M | 119.78M | 116.7M | 112.88M | 114.83M | 110.98M | 110.24M | 106.01M | 106.67M | 103.6M | 105.36M | 100.9M | 101.35M | 99.75M | 95.56M | 95.29M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 421.37M | 334.51M | 276.84M | 288.79M | 438.28M | 323.13M | 247.69M | 235.93M | 320.47M | 262.18M | 223.44M | 240.91M | 309.26M | 250.89M | 208.59M | 216.91M | 305.98M | 215.91M | 175.96M | 203.5M |
| EBITDA Margin % | 48.9% | 47.85% | 58.04% | 56.09% | 55.93% | 53.46% | 56.91% | 54.31% | 52.36% | 54.69% | 54.33% | 55.17% | 42.57% | 35.57% | 47.99% | 48.34% | 43.76% | 40.3% | 48.63% | 51.26% |
| EBITDA Growth % | -3.86% | 3.52% | 11.77% | 22.4% | 36.76% | 23.25% | 10.85% | -2.07% | 3.62% | 4.5% | 7.12% | 11.06% | 1.07% | 16.2% | 18.55% | 6.59% | 0.22% | 5.93% | 0.45% | 5.43% |
| Depreciation & Amortization | 110.73M | 107.51M | 107.07M | 103.52M | 99.38M | 96.5M | 92.6M | 90.65M | 89.8M | 88.2M | 86.03M | 85.66M | 83.79M | 80.92M | 82.73M | 79.18M | 78.35M | 76.33M | 74.51M | 74.17M |
| D&A / Revenue % | 12.85% | 15.38% | 22.45% | 20.1% | 12.68% | 15.97% | 21.28% | 20.87% | 14.67% | 18.4% | 20.92% | 19.62% | 11.53% | 11.47% | 19.04% | 17.64% | 11.2% | 14.25% | 20.59% | 18.68% |
| Operating Income (EBIT) | 310.64M | 227M | 169.77M | 185.27M | 338.9M | 226.63M | 155.09M | 145.29M | 230.67M | 173.97M | 137.41M | 155.25M | 225.47M | 169.96M | 125.86M | 137.74M | 227.63M | 139.58M | 101.45M | 129.33M |
| Operating Margin % | 36.05% | 32.47% | 35.59% | 35.98% | 43.25% | 37.5% | 35.63% | 33.44% | 37.69% | 36.29% | 33.41% | 35.55% | 31.04% | 24.09% | 28.96% | 30.69% | 32.55% | 26.06% | 28.04% | 32.57% |
| Operating Income Growth % | -8.34% | 0.17% | 9.47% | 27.52% | 46.92% | 30.26% | 12.87% | -6.42% | 2.31% | 2.36% | 9.17% | 12.72% | -0.95% | 21.77% | 24.06% | 6.5% | -2.03% | 5.07% | -3.59% | 5.04% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 3.56x | 2.74x | 2.17x | 2.41x | 4.21x | 2.97x | 2.11x | 2.06x | 4.48x | 2.43x | 2.11x | 2.32x | 3.20x | 2.53x | 2.21x | 2.64x | 4.40x | 2.83x | 2.00x | 2.63x |
| Interest / Revenue % | 0.12% | 0.14% | 0.21% | 0.19% | 0.13% | 0.17% | 0.23% | 0.23% | 0.16% | 0.21% | 0.24% | 0.23% | 0.14% | 0.14% | 0.23% | 0.22% | 0.14% | 0.19% | 0.28% | 0.25% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 230.78M | 147.84M | 96.38M | 112.4M | 263.19M | 155.86M | 85.24M | 77.25M | 255.13M | 104.61M | 76.36M | 91M | 159.8M | 104.94M | 73.44M | 90.39M | 182.14M | 96.58M | 52.27M | 84.7M |
| Pretax Margin % | 26.78% | 21.15% | 20.21% | 21.83% | 33.59% | 25.79% | 19.58% | 17.78% | 41.68% | 21.82% | 18.57% | 20.84% | 22% | 14.88% | 16.9% | 20.14% | 26.05% | 18.03% | 14.44% | 21.33% |
| Income Tax | 6.39M | 15.17M | 4.3M | 4.57M | -20.59M | -28.9M | 15.84M | 1.86M | -10.64M | -30.83M | -3.71M | -263K | -31.64M | -9.99M | 4.8M | 8.1M | -17.23M | -19.93M | 1.76M | 3.79M |
| Effective Tax Rate % | 2.77% | 10.26% | 4.46% | 4.07% | -7.83% | -18.54% | 18.58% | 2.41% | -4.17% | -29.47% | -4.86% | -0.29% | -19.8% | -9.52% | 6.53% | 8.96% | -9.46% | -20.64% | 3.38% | 4.47% |
| Net Income | 224.39M | 132.68M | 92.08M | 107.83M | 283.79M | 184.75M | 69.4M | 75.39M | 265.77M | 135.45M | 80.08M | 91.27M | 191.43M | 114.93M | 68.64M | 82.29M | 199.38M | 116.51M | 50.5M | 80.91M |
| Net Margin % | 26.04% | 18.98% | 19.3% | 20.94% | 36.21% | 30.57% | 15.95% | 17.35% | 43.42% | 28.25% | 19.47% | 20.9% | 26.35% | 16.29% | 15.79% | 18.34% | 28.51% | 21.75% | 13.96% | 20.38% |
| Net Income Growth % | -20.93% | -28.19% | 32.67% | 43.04% | 6.78% | 36.4% | -13.33% | -17.4% | 38.83% | 17.85% | 16.66% | 10.91% | -3.98% | -1.35% | 35.91% | 1.7% | 8.54% | 13.44% | -9.38% | 8.42% |
| EPS (Diluted) | 0.79 | 0.47 | 0.33 | 0.38 | 1.03 | 0.67 | 0.25 | 0.28 | 0.97 | 0.50 | 0.30 | 0.34 | 0.72 | 0.44 | 0.26 | 0.31 | 0.76 | 0.44 | 0.19 | 0.32 |
| EPS Growth % | -23.3% | -29.85% | 32% | 35.71% | 6.19% | 34% | -16.67% | -17.65% | 34.72% | 13.64% | 15.38% | 9.68% | -5.26% | 0% | 36.84% | -3.13% | 5.56% | 10% | -13.64% | 10.34% |
| EPS (Basic) | 0.79 | 0.47 | 0.33 | 0.38 | 1.03 | 0.67 | 0.25 | 0.28 | 0.97 | 0.50 | 0.30 | 0.35 | 0.72 | 0.44 | 0.26 | 0.31 | 0.76 | 0.45 | 0.20 | 0.32 |
| Diluted Shares Outstanding | 283.64M | 283.6M | 282.3M | 280.73M | 275.69M | 275.16M | 274.54M | 273.95M | 273.74M | 273.54M | 267.18M | 264.82M | 264.75M | 263.32M | 262.75M | 262.56M | 262.43M | 262.22M | 259.44M | 255.44M |