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Essential Utilities Inc Stock Research

WTRG

36.40USD-0.62(-1.67%)Market Closed
Watchlist

Market Summary

USD36.40-0.62
Market Closed
-1.67%

WTRG Stock Price

WTRG RSI Chart

WTRG Valuation

Market Cap

9.6B

Price/Earnings (Trailing)

20.64

Price/Sales (Trailing)

4.18

EV/EBITDA

9.33

Price/Free Cashflow

11.95

WTRG Price/Sales (Trailing)

WTRG Profitability

EBT Margin

18.51%

Return on Equity

8.29%

Return on Assets

2.89%

Free Cashflow Yield

8.37%

WTRG Fundamentals

WTRG Revenue

Revenue (TTM)

2.3B

Revenue Y/Y

-2.69%

Revenue Q/Q

-39.89%

WTRG Earnings

Earnings (TTM)

466.3M

Earnings Y/Y

10.91%

Earnings Q/Q

-52.32%

Price Action

52 Week Range

49.38
(Low)(High)

Last 7 days

-4.6%

Last 30 days

-1.6%

Last 90 days

-9.0%

Trailing 12 Months

-19.1%

WTRG Financial Health

Current Ratio

0.63

Debt/Equity

0.56

Debt/Cashflow

0.23

WTRG Investor Care

Dividend Yield

3.15%

Dividend/Share (TTM)

1.15

Shares Dilution (1Y)

0.88%

Diluted EPS (TTM)

1.76

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for WTRG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-06-20
Amato Elizabeth B
acquired
90,016
41.425
2,173
-
2023-06-20
Hilferty Daniel J III
acquired
90,016
41.425
2,173
-
2023-06-20
Lewis Wilbert Bryan
acquired
90,016
41.425
2,173
-
2023-06-20
Ciesinski David Alan
acquired
90,016
41.425
2,173
-
2023-06-20
Ruff Ellen T
acquired
90,016
41.425
2,173
-
2023-06-20
STEWART LEE C
acquired
90,016
41.425
2,173
-
2023-06-14
Arnold Colleen
sold
-52,049
41.84
-1,244
president
2023-03-20
STEWART LEE C
acquired
30,021
42.765
702
-
2023-03-20
Ruff Ellen T
acquired
30,021
42.765
702
-
2023-03-20
Lewis Wilbert Bryan
acquired
30,021
42.765
702
-

1–10 of 50

Which funds bought or sold WTRG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-13
CGC Financial Services, LLC
new
-
1,656
1,656
-%
2023-09-12
Farther Finance Advisors, LLC
reduced
-66.07
-1,686
758
-%
2023-08-28
DT Investment Partners, LLC
unchanged
-
-644
27,118
-%
2023-08-24
Alberta Investment Management Corp
unchanged
-
-19,822
211,523
-%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
-7,338
78,303
0.01%
2023-08-22
Asset Dedication, LLC
unchanged
-
-3,000
42,000
-%
2023-08-22
COMERICA BANK
sold off
-
-
-
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-3.63
-499,459
3,575,980
0.01%
2023-08-21
VitalStone Financial, LLC
new
-
1,000
1,000
-%
2023-08-21
BOKF, NA
sold off
-100
-26,583
-
-%

1–10 of 50

Latest Funds Activity

Are funds buying WTRG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WTRG
No. of Funds

Schedule 13G FIlings of Essential Utilities

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
10.22%
26,801,670
SC 13G/A
Feb 06, 2023
state street corp
5.64%
14,797,801
SC 13G/A
Jan 26, 2023
blackrock inc.
11.3%
29,552,454
SC 13G/A
Jan 20, 2023
blackrock inc.
11.3%
29,552,454
SC 13G/A
Feb 11, 2022
state street corp
5.11%
12,918,178
SC 13G/A
Feb 10, 2022
vanguard group inc
9.68%
24,453,443
SC 13G/A
Jan 27, 2022
blackrock inc.
10.6%
26,705,089
SC 13G/A
Jan 25, 2022
blackrock inc.
10.6%
26,705,089
SC 13G/A
Apr 12, 2021
blackrock inc.
10.1%
24,703,277
SC 13G/A
Feb 12, 2021
state street corp
4.34%
10,655,404
SC 13G/A

Recent SEC filings of Essential Utilities

View All Filings
Date Filed Form Type Document
Sep 11, 2023
8-K
Current Report
Aug 08, 2023
8-K
Current Report
Aug 08, 2023
10-Q
Quarterly Report
Jun 26, 2023
8-K
Current Report
Jun 22, 2023
4
Insider Trading
Jun 22, 2023
4
Insider Trading
Jun 22, 2023
4
Insider Trading
Jun 22, 2023
4
Insider Trading
Jun 22, 2023
4
Insider Trading
Jun 22, 2023
4
Insider Trading

WTRG Fair Value

Loading...

Peers (Alternatives to Essential Utilities)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
135.4B
26.9B
-0.90% -19.91%
16.72
5.03
54.09% 213.91%
76.3B
27.7B
3.20% -7.21%
26.22
2.76
6.94% 1.01%
72.0B
29.0B
4.26% -8.58%
53.79
2.48
9.50% -63.85%
26.0B
4.0B
-3.50% -7.02%
29.13
6.43
5.91% -31.18%
11.2B
5.9B
2.62% -3.86%
15.92
1.91
7.85% -2.88%
9.6B
2.3B
-1.60% -19.15%
20.64
4.18
12.59% 3.92%
MID-CAP
8.9B
4.5B
-0.38% 9.13%
21.02
1.96
15.02% -25.26%
8.7B
30.4B
2.52% -9.44%
-4.25
0.29
5.56% -159.74%
3.0B
579.2M
-6.16% -4.10%
25.53
5.17
19.53% 41.87%
2.8B
792.4M
-5.83% -14.52%
44.61
3.53
-2.08% -27.40%
2.0B
641.5M
-6.35% -0.02%
22.44
3.09
10.61% 68.66%
SMALL-CAP
239.8M
49.1M
-12.04% -20.86%
35.71
4.88
13.05% 38.74%
229.2M
22.1M
-17.49% 7.68%
24.87
10.38
84.27% 56.82%
217.1M
2.1M
-8.17% 26.85%
-6.97
100.98
251.88% -23.96%
1.2M
167.5M
-14.00% -19.48%
0.03
0.01
11.84% -6.17%

Essential Utilities News

InvestorsObserver
Should You Buy Essential Utilities Inc (WTRG) Stock Wednesday?.
InvestorsObserver,
36 hours ago

Returns for WTRG

Cumulative Returns on WTRG

6.3%


10-Year Cumulative Returns

4.2%


7-Year Cumulative Returns

1.5%


5-Year Cumulative Returns

-0.8%


3-Year Cumulative Returns

Risks for WTRG

What is the probability of a big loss on WTRG?

45.4%


Probability that Essential Utilities stock will be more than 20% underwater in next one year

18.5%


Probability that Essential Utilities stock will be more than 30% underwater in next one year.

0%


Probability that Essential Utilities stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WTRG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Essential Utilities was unfortunately bought at previous high price.

Drawdowns

Financials for Essential Utilities

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-0.5%2,3032,3152,2882,1182,0461,9941,8781,8161,8031,6871,4631,1111,006944890869852845838836825
EBITDA-100.0%-1,0081,010977940926928907908897710639619535493------
EBITDA Margin-100.0%-0.44*0.44*0.46*1.37*0.46*0.49*0.50*0.50*0.50*0.49*0.53*0.56*0.57*0.55*------
Interest Expenses5.4%27125723822221421120820720420418817015313312511911110399.0096.0093.00
Earnings Before Taxes0.1%429429451443421416422411418409265243270247212130125138178256253
EBT Margin-100.0%-0.19*0.20*0.21*0.61*0.21*0.22*0.23*0.23*0.23*0.18*0.20*0.24*0.26*0.24*------
Net Income2.0%466457465467449447432418423417285246279259225157146158192249247
Net Income Margin-100.0%-0.20*0.20*0.22*0.65*0.22*0.23*0.23*0.23*0.23*0.19*0.20*0.25*0.27*0.25*------
Free Cashflow-100.0%-69160060264870064564967617212.0035.000.00-140-157------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.8%16,10215,81815,71915,28015,04614,87714,65814,23613,93413,82213,70513,39913,02812,9299,3629,3419,1807,0816,9646,7576,570
  Current Assets-20.2%4075106585414134444383533053483803113123682,0152,1792,118144147149189
    Cash Equivalents-42.2%12.0020.0011.0023.0013.0058.0011.0010.008.0018.005.008.007.0032.001,8692,0311,9744.004.004.0053.00
  Inventory---------------18.0017.0016.0016.0016.0016.0016.00
  Net PPE2.6%11,59111,29511,13110,87610,59210,39510,2529,9579,7079,5699,5139,2609,0518,8906,3466,1976,1156,0205,9305,7415,542
  Goodwill0%2,3412,3412,3412,3412,3412,3412,3412,34116.0016.002,3252,3342,3342,26164.0053.0053.0053.0053.0053.0042.00
  Current Liabilities-4.7%7658031,022848544678675516469503604667448827323352399434399288254
  Long Term Debt---3,062---3,062---3,014---1,887---1,604--
    LT Debt, Current0.0%19919919915012113213263.0080.0080.0084.0020688.00115105178221156145108119
    LT Debt, Non Current2.0%6,6166,4856,3716,1746,0885,8725,7805,5995,6485,5485,5085,1535,1754,7292,9432,8982,7492,4632,3982,2662,181
Shareholder's Equity1.8%5,6155,5165,3775,3435,3425,2555,1845,1284,8374,8104,6844,6364,6364,6133,8813,8633,8251,9932,0092,0462,004
  Retained Earnings5.5%1,7411,6501,5341,5711,5771,4981,4341,3861,4031,3841,2621,2211,2271,2101,2101,1981,1601,1521,1741,2171,178
  Additional Paid-In Capital0.2%3,8273,8203,7933,7243,7163,7143,7063,6983,3933,3863,3793,3723,3673,3622,6372,6332,633827820814812
Accumulated Depreciation3.3%2,7542,6672,6062,5922,5192,4422,3592,3362,2702,2022,1072,0611,9621,9051,8561,8021,7661,7271,7181,7061,650
Shares Outstanding0.1%264264-262262262-259255255-254254236-232219178-178178
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations16.5%805691600602648700645649676668508531496355339306286359369390394
  Share Based Compensation6.1%14.0013.0012.0011.0010.0010.0010.0010.0010.009.008.007.007.007.007.008.008.008.008.007.007.00
Cashflow From Investing-7.4%-1,276-1,188-1,178-1,168-1,126-1,111-1,056-1,024-977-946-4,333-4,226-4,098-4,035-604-595-689-668-639-581-483
Cashflow From Financing2.4%4704595795804834524173773032651,9621,6741,6353,7092,1312,3162,325310271192135
  Dividend Payments1.9%302297289281274265259252246242233223212202189176164153151148146
  Buy Backs0.7%4.004.001.001.001.001.003.003.003.003.004.004.004.004.002.002.002.002.003.003.003.00

WTRG Income Statement

2023-06-30
Consolidated Statements Of Operations And Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Consolidated Statements Of Operations [Abstract]    
Operating revenues$ 436,700$ 448,756$ 1,163,150$ 1,148,031
Operating expenses:    
Operations and maintenance133,508134,981271,502277,562
Purchased gas41,93375,143298,248302,855
Depreciation84,93777,425167,860155,303
Amortization7241,7511,5952,219
Taxes other than income taxes20,34821,72043,22644,727
Total operating expenses281,450311,020782,431782,666
Operating income155,250137,736380,719365,365
Other expense (income):    
Interest expense69,18255,221141,850108,857
Interest income(970)(824)(1,789)(1,433)
Allowance for funds used during construction(3,424)(6,151)(9,112)(11,990)
Gain on sale of other assets(220)(478)(469)(478)
Other(323)(423)(563)(2,125)
Income before income taxes91,00590,391250,802272,534
Provision for income taxes (benefit)(263)8,100(31,900)(9,133)
Net income91,26882,291282,702281,667
Comprehensive income$ 91,268$ 82,291$ 282,702$ 281,667
Net income per common share:    
Basic$ 0.35$ 0.31$ 1.07$ 1.08
Diluted$ 0.34$ 0.31$ 1.07$ 1.07
Average common shares outstanding during the period:    
Basic264,418,000262,099,000264,306,000262,026,000
Diluted264,818,000262,558,000264,840,000262,545,000

WTRG Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets  
Property, plant and equipment, at cost$ 14,344,435$ 13,737,387
Less: accumulated depreciation2,753,5862,606,441
Net property, plant and equipment11,590,84911,130,946
Current assets:  
Cash and cash equivalents11,64211,398
Accounts receivable, net149,942206,324
Unbilled revenues75,737170,504
Inventory - materials and supplies45,30046,592
Inventory - gas stored63,216153,143
Current assets held for sale7,37811,167
Prepayments and other current assets36,55739,759
Regulatory assets16,93819,272
Total current assets406,710658,159
Regulatory assets1,518,0791,342,753
Deferred charges and other assets, net166,391166,653
Funds restricted for construction activity1,3601,342
Goodwill2,340,7552,340,792
Non-current assets held for sale34,41932,124
Operating lease right-of-use assets39,15141,734
Intangible assets4,2214,604
Total assets16,101,93515,719,107
Stockholders' equity:  
Common stock at $0.50 par value, authorized 600,000,000 shares, issued 267,818,219 and 266,973,321 as of June 30, 2023 and December 31, 2022133,909133,486
Capital in excess of par value3,827,1993,793,262
Retained earnings1,740,6821,534,331
Treasury stock, at cost, 3,312,850 and 3,236,237 shares as of June 30, 2023 and December 31, 2022(87,092)(83,693)
Total stockholders' equity5,614,6985,377,386
Long-term debt, excluding current portion6,661,0146,418,039
Less: debt issuance costs45,49846,982
Long-term debt, excluding current portion, net of debt issuance costs6,615,5166,371,057
Commitments and contingencies (See Note 14)
Current liabilities:  
Current portion of long-term debt198,749199,356
Loans payable48,043228,500
Accounts payable178,902238,843
Book overdraft32,49028,694
Accrued interest50,62547,063
Accrued taxes26,23234,393
Liabilities related to assets held for sale3,0813,263
Regulatory liabilities96,66935,276
Dividends payable 75,808
Other accrued liabilities130,344130,673
Total current liabilities765,1351,021,869
Deferred credits and other liabilities:  
Deferred income taxes and investment tax credits1,459,0021,345,766
Customers' advances for construction125,362114,732
Regulatory liabilities807,240778,754
Asset retirement obligations842843
Operating lease liabilities36,38737,666
Non-current liabilities related to assets held for sale803974
Pension and other postretirement benefit liabilities31,19631,244
Other24,64828,562
Total deferred credits and other liabilities2,485,4802,338,541
Contributions in aid of construction621,106610,254
Total liabilities and equity$ 16,101,935$ 15,719,107
Christopher H. Franklin
3210
Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. It offers water services through operating and maintenance contract with municipal authorities and other parties. The company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair services to households through a third-party. It serves approximately 7.5 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, West Virginia, and Kentucky under the Aqua and Peoples brands. The company was formerly known as Aqua America, Inc. and changed its name to Essential Utilities, Inc. in February 2020. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.