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WTRG

48.04USD+0.08(+0.17%)Delayedas of 07 Dec 2022, 03:48 pm

Essential Utilities Inc

Market Summary

USD48.04+0.08Delayedas of 07 Dec 2022, 03:48 pm
0.17%

WTRG Alerts

WTRG Stock Price

RSI Chart

Valuation

Market Cap

11.6B

Price/Earnings

25.82

Price/Sales

5.66

Price/Cashflow

17.87

MarketCap/EBT

27.49

Price/Sales

Profitability

EBT Margin

20.60%

Return on Equity

8.4%

Return on Assets

2.98%

Fundamentals

Revenue

Revenue (TTM)

2.1B

Revenue Y/Y

20.11%

Revenue Q/Q

-3.15%

Earnings

Earnings (TTM)

466.8M

Earnings Y/Y

35.91%

Earnings Q/Q

-16.59%

Price Action

52 Week Range

38.2552.65
(Low)(High)

Last 7 days

1.9%

Last 30 days

9.9%

Last 90 days

-1.1%

Trailing 12 Months

-1.5%

Financial Health

Current Ratio

0.76

Debt/Equity

0.57

Debt/Cashflow

0.21

Investor Care

Dividend Yield

2.43%

Dividend/Share (TTM)

1.1

Shares Dilution (1Y)

3.78%

Diluted EPS (TTM)

1.77

Peers (Alternatives to Essential Utilities)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
155.3B
19.8B
8.65% -2.42%
60.19
8.88
20.83% 61.97%
72.4B
28.0B
8.48% 3.20%
18.49
2.68
13.75% 26.88%
70.7B
28.0B
6.62% 10.09%
21.6
2.52
24.64% 10.84%
26.5B
3.8B
11.78% -9.52%
20.42
6.94
-2.31% 72.74%
11.6B
2.1B
9.90% -1.55%
25.82
5.66
16.62% 11.73%
10.5B
5.6B
7.53% 12.07%
14.54
1.94
18.13% 44.12%
10.5B
31.6B
-21.80% -5.66%
3.05
0.36
18.78% 220.90%
MID-CAP
7.7B
4.4B
12.28% 23.27%
13.64
1.95
18.54% -5.16%
3.3B
818.8M
4.61% -4.64%
41.75
4.08
1.50% -29.21%
3.3B
482.8M
8.76% -0.09%
40.1
6.84
-4.67% -14.96%
2.1B
589.1M
11.07% 14.75%
36.36
3.6
3.41% 4.67%
SMALL-CAP
1.6B
157.6M
2.37% -11.83%
37.33
10.06
9.67% 12.98%
307.9M
43.4M
8.73% -20.55%
63.61
7.09
6.80% 67.32%
203.8M
17.1M
22.61% -27.30%
34.68
11.45
-33.77% -52.17%
99.0M
1.1M
3.50% -48.38%
-3.94
162.11
90.04% 28.53%

Financials for Essential Utilities

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.6%2,1182,0461,9941,8781,816
Earnings Before Taxes5.0%443421416422411
Net Income4.0%467449447432418
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.6%15,28015,04614,87714,65814,236
  Current Assets31.0%541413444438353
    Cash Equivalents80.1%2313581110
  Net PPE2.7%10,87610,59210,39510,2529,957
  Goodwill0%2,3412,3412,3412,3412,341
  Current Liabilities55.9%848544678675516
  Long Term Debt-3,062----
    LT Debt, Current24.0%15012113213263
    LT Debt, Non Current1.4%6,1746,0885,8725,7805,599
Shareholder's Equity0.0%5,3435,3425,2555,1845,128
  Retained Earnings-0.4%1,5711,5771,4981,4341,386
  Additional Paid-In Capital0.2%3,7243,7163,7143,7063,698
Accumulated Depreciation2.9%2,5922,5192,4422,3592,336
Shares Outstanding0.1%262262259--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-7.1%602648700645649
  Share Based Compensation3.8%1110101010
Cashflow From Investing-3.7%-1,168.26-1,126.29-1,111.58-1,056.06-1,024.89
Cashflow From Financing20.1%580483452417377
  Dividend Payments2.7%281274265259252
  Buy Backs2.0%11133

Risks

What is the probability of a big loss on WTRG?

29.2%


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.

Returns

Cumulative Returns on WTRG

11.8%


10-Year Cumulative Returns

9.5%


7-Year Cumulative Returns

7.3%


5-Year Cumulative Returns

4.2%


3-Year Cumulative Returns

What are the long-term rolling returns for WTRG?

FIve years rolling returns for Essential Utilities.

Which funds bought or sold WTRG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
274.23
369,000
525,000
0.02%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,429,000
1,429,000
0.02%
2022-11-22
Gibson Wealth Advisors LLC
-
-
-4,000
37,000
0.04%
2022-11-22
CVA Family Office, LLC
-
-
-
1,000
-%
2022-11-21
FourThought Financial, LLC
-
-
-4,000
34,000
-%
2022-11-21
DEARBORN PARTNERS LLC
-
-
-33,000
311,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-2,231,000
19,086,000
0.03%
2022-11-17
M&T Bank Corp
-
-
-288,000
3,196,000
0.01%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-40,000
368,000
0.01%
2022-11-16
LIBERTY ONE INVESTMENT MANAGEMENT, LLC
REDUCED
-9.54
-185,000
837,000
0.14%

1–10 of 47

Latest Funds Activity

Are funds buying WTRG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own WTRG

Essential Utilities News

Stockhouse

2022-12-07 | NYSE:WTRG | Press Release | Essential Utilities Inc..4 hours ago

StreetInsider.com

InvestorPlace

WTRG Fair Value

Recent SEC filings of Essential Utilities

View All Filings
Date Filed Form Type Document
Nov 29, 2022
4
Insider Trading
Nov 21, 2022
3
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 09, 2022
10-Q
Quarterly Report
Nov 07, 2022
8-K
Current Report
Oct 31, 2022
8-K
Current Report
Oct 17, 2022
424B5
Prospectus Filed
Oct 17, 2022
8-K
Current Report
Oct 17, 2022
8-K
Current Report
Oct 11, 2022
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for WTRG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-28
Ruff Ellen T
SOLD
-410,503
47.956
-8,560
-
2022-11-14
RUBIN ROBERT A
GIFTED
-19,259.8
46.975
-410
Chief Accounting Officer
2022-11-10
RUBIN ROBERT A
GIFTED
-2,061.9
45.82
-45
Chief Accounting Officer
2022-09-20
WOMACK CHRISTOPHER C
ACQUIRED
27,507
45.845
600
-
2022-09-20
Ciesinski David Alan
ACQUIRED
27,507
45.845
600
-
2022-09-20
Ruff Ellen T
ACQUIRED
27,507
45.845
600
-
2022-09-20
Hilferty Daniel J III
ACQUIRED
27,507
45.845
600
-
2022-09-20
Amato Elizabeth B
ACQUIRED
27,507
45.845
600
-
2022-09-20
STEWART LEE C
ACQUIRED
27,507
45.845
600
-
2022-06-21
Hilferty Daniel J III
ACQUIRED
27,499.5
41.92
656
-

1–10 of 50

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.

WTRG Income Statement

2022-09-30
Consolidated Statements Of Operations And Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Consolidated Statements Of Operations [Abstract]    
Operating revenues$ 434,618$ 361,860$ 1,582,649$ 1,342,457
Operating expenses:    
Operations and maintenance151,361139,355428,923391,945
Purchased gas52,04125,488354,896202,538
Depreciation80,47172,606235,774217,007
Amortization2,2591,9014,4784,616
Taxes other than income taxes22,62521,05867,35263,219
Total operating expenses308,757260,4081,091,423879,325
Operating income125,861101,452491,226463,132
Other expense (income):    
Interest expense60,48852,132169,345154,937
Interest income(1,510)(565)(2,943)(1,290)
Allowance for funds used during construction(5,812)(6,082)(17,802)(13,922)
Gain on sale of other assets(299)(320)(777)(623)
Other(441)4,019(2,566)(1,393)
Income before income taxes73,43552,268345,969325,423
Provision for income taxes (benefit)4,7971,765(4,336)10,317
Net income68,63850,503350,305315,106
Comprehensive income$ 68,638$ 50,503$ 350,305$ 315,106
Net income per common share:    
Basic$ 0.26$ 0.20$ 1.34$ 1.23
Diluted$ 0.26$ 0.19$ 1.33$ 1.23
Average common shares outstanding during the period:    
Basic262,213258,773262,089256,051
Diluted262,754259,437262,641256,763

WTRG Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets  
Property, plant and equipment, at cost$ 13,468,046$ 12,610,376
Less: accumulated depreciation2,592,3682,358,510
Net property, plant and equipment10,875,67810,251,866
Current assets:  
Cash and cash equivalents23,36610,567
Accounts receivable, net119,803141,025
Unbilled revenues82,643119,896
Inventory - materials and supplies41,56533,756
Inventory - gas stored188,14775,804
Prepayments and other current assets39,24136,597
Regulatory assets46,54120,150
Total current assets541,306437,795
Regulatory assets1,300,5541,429,840
Deferred charges and other assets, net172,236141,955
Funds restricted for construction activity1,3361,313
Goodwill2,340,7922,340,815
Operating lease right-of-use assets43,09548,930
Intangible assets4,7955,764
Total assets15,279,79214,658,278
Stockholders' equity:  
Common stock at $0.50 par value, authorized 600,000,000 shares, issued 265,530,007 and 256,102,388 as of September 30, 2022 and December 31, 2021132,764128,050
Capital in excess of par value3,723,5233,705,814
Retained earnings1,570,6521,434,201
Treasury stock, at cost, 3,239,286 and 3,234,765 shares as of September 30, 2022 and December 31, 2021(83,837)(83,615)
Total stockholders' equity5,343,1025,184,450
Long-term debt, excluding current portion6,220,9735,815,211
Less: debt issuance costs47,34535,707
Long-term debt, excluding current portion, net of debt issuance costs6,173,6285,779,504
Commitments and contingencies (See Note 13)
Current liabilities:  
Current portion of long-term debt149,926132,146
Loans payable213,23565,000
Accounts payable217,597192,932
Book overdraft17,39681,722
Accrued interest75,30540,815
Accrued taxes33,31637,924
Regulatory liabilities1,196384
Other accrued liabilities140,122124,140
Total current liabilities848,093675,063
Deferred credits and other liabilities:  
Deferred income taxes and investment tax credits1,304,5481,406,537
Customers' advances for construction121,247103,619
Regulatory liabilities771,734769,617
Asset retirement obligations1,2741,256
Operating lease liabilities39,65748,230
Pension and other postretirement benefit liabilities54,30950,226
Other25,92943,666
Total deferred credits and other liabilities2,318,6982,423,151
Contributions in aid of construction596,271596,110
Total liabilities and equity$ 15,279,792$ 14,658,278