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WTRG

WTRG - Essential Utilities Inc Stock Price, Fair Value and News

34.56USD+0.20 (+0.58%)Market Closed

Market Summary

WTRG
USD34.56+0.20
Market Closed
0.58%

WTRG Alerts

  • 1 major insider buys and 1 major insider sales recently.

WTRG Stock Price

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WTRG RSI Chart

WTRG Valuation

Market Cap

9.4B

Price/Earnings (Trailing)

18.96

Price/Sales (Trailing)

4.6

EV/EBITDA

15.38

Price/Free Cashflow

10.12

WTRG Price/Sales (Trailing)

WTRG Profitability

EBT Margin

21.02%

Return on Equity

8.45%

Return on Assets

2.96%

Free Cashflow Yield

9.88%

WTRG Fundamentals

WTRG Revenue

Revenue (TTM)

2.1B

Rev. Growth (Yr)

-32.03%

Rev. Growth (Qtr)

16.57%

WTRG Earnings

Earnings (TTM)

498.2M

Earnings Growth (Yr)

17.85%

Earnings Growth (Qtr)

69.15%

Breaking Down WTRG Revenue

Last 7 days

-4.7%

Last 30 days

-4%

Last 90 days

-8.5%

Trailing 12 Months

-20.0%

How does WTRG drawdown profile look like?

WTRG Financial Health

Current Ratio

0.62

Debt/Equity

1.16

Debt/Cashflow

0.14

WTRG Investor Care

Dividend Yield

0.89%

Dividend/Share (TTM)

0.31

Shares Dilution (1Y)

3.47%

Diluted EPS (TTM)

1.86

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.3B2.3B2.3B2.1B
20222.0B2.0B2.1B2.3B
20211.7B1.9B1.9B1.9B
2020944.1M1.0B1.1B1.4B
2019844.9M851.9M869.4M889.7M
2018816.1M824.5M835.7M838.1M
2017815.1M814.6M803.0M809.5M
2016816.5M814.6M820.1M819.9M
2015787.6M798.0M808.5M814.2M
2014766.0M767.4M775.6M779.9M
2013772.3M774.5M762.3M761.9M
2012693.7M713.6M737.1M757.8M
2011688.2M691.3M688.9M687.3M
2010608.2M609.6M622.3M683.4M
2009582.3M591.5M600.7M609.9M
2008000573.1M
2007000566.5M
GRUFITY'S FAIR VALUE MODEL

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PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of Essential Utilities Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
rubin robert a
sold
-207,074
37.21
-5,565
chief accounting officer
Mar 11, 2024
rubin robert a
sold
-127,836
36.00
-3,551
chief accounting officer
Mar 05, 2024
rubin robert a
sold
-226,060
35.6
-6,350
chief accounting officer
Mar 05, 2024
amato elizabeth b
bought
108,559
35.019
3,100
-
Feb 26, 2024
franklin chris
acquired
-
-
24,428
chief executive officer
Feb 26, 2024
rhodes matthew
sold (taxes)
-142,772
35.48
-4,024
evp, strategy & corp dev
Feb 26, 2024
rhodes matthew
acquired
-
-
5,294
evp, strategy & corp dev
Feb 26, 2024
arnold colleen
acquired
-
-
2,336
president
Feb 26, 2024
schuller daniel
sold (taxes)
-173,107
35.48
-4,879
executive vice president
Feb 26, 2024
franklin chris
sold (taxes)
-651,945
35.48
-18,375
chief executive officer

1–10 of 50

Which funds bought or sold WTRG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
ARMSTRONG ADVISORY GROUP, INC
unchanged
-
-
289,052
0.03%
Apr 12, 2024
DNB Asset Management AS
reduced
-39.82
-1,402,510
2,077,540
0.01%
Apr 12, 2024
AdvisorNet Financial, Inc
added
0.06
-29,065
3,880,910
0.37%
Apr 12, 2024
GATEWAY INVESTMENT ADVISERS LLC
new
-
378,762
378,762
-%
Apr 12, 2024
Riverview Trust Co
new
-
42,756
42,756
0.03%
Apr 12, 2024
FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC
added
3.7
200,000
7,182,000
0.73%
Apr 12, 2024
First PREMIER Bank
unchanged
-
-
24,000
0.01%
Apr 11, 2024
ROCKLAND TRUST CO
sold off
-100
-310,267
-
-%
Apr 11, 2024
Gulf International Bank (UK) Ltd
unchanged
-
-6,000
773,000
0.02%
Apr 11, 2024
Radnor Capital Management, LLC
reduced
-1.92
-61,000
2,199,000
0.38%

1–10 of 50

Are Funds Buying or Selling WTRG?

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

Unveiling Essential Utilities Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.25%
27,988,993
SC 13G/A
Jan 25, 2024
state street corp
4.94%
13,500,094
SC 13G/A
Jan 24, 2024
blackrock inc.
11.4%
31,004,969
SC 13G/A
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
Oct 11, 2022
vanguard group inc
10.04%
26,324,563
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

Recent SEC filings of Essential Utilities Inc

View All Filings
Date Filed Form Type Document
Apr 02, 2024
4
Insider Trading
Apr 01, 2024
144
Notice of Insider Sale Intent
Mar 19, 2024
ARS
ARS
Mar 19, 2024
DEF 14A
DEF 14A
Mar 19, 2024
DEFA14A
DEFA14A
Mar 13, 2024
4
Insider Trading
Mar 11, 2024
144
Notice of Insider Sale Intent
Mar 08, 2024
PRE 14A
PRE 14A
Mar 07, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading

Peers (Alternatives to Essential Utilities Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
42.0B
19.0B
-1.46% -12.53%
18.98
2.21
-3.35% -4.03%
22.6B
4.2B
-1.02% -22.55%
23.92
5.33
11.66% 15.12%
19.1B
7.5B
0.01% -19.98%
16.48
2.54
-5.74% 7.23%
17.0B
3.9B
-1.34% -0.02%
18.42
4.32
-15.47% 16.09%
15.2B
28.8B
14.08% 107.13%
-75.1
0.53
-8.62% -116.54%
13.9B
8.3B
0.90% -9.86%
17.69
1.67
4.87% -10.78%
11.5B
12.7B
7.73% -33.99%
57.57
0.91
0.40% 141.39%
2.2B
670.6M
-2.52% -22.49%
25.6
3.33
-1.48% -2.88%
MID-CAP
8.2B
4.7B
1.59% -8.12%
15.77
1.74
8.59% 3.59%
3.3B
1.9B
-0.96% -8.87%
13.46
1.77
19.68% 30.53%
2.6B
1.7B
-0.29% -21.74%
15.45
1.52
2.36% 10.31%
SMALL-CAP
385.1M
180.2M
-12.75% 40.54%
12.95
2.14
91.50% 388.02%
150.9M
2.0M
-8.16% -54.18%
-4.8
75.07
33.96% -26.84%
34.7M
436.8M
-0.92% -34.78%
2.32
0.08
-5.23% 97.61%
10.0M
-
- -15.44%
-13.44
12.3
-88.45% 83.25%

Essential Utilities Inc News

Latest updates
Yahoo Finance16 hours ago
Yahoo Movies Canada13 Apr 202412:00 pm
Yahoo Finance31 Mar 202407:00 am

Essential Utilities Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue16.6%479411437726705435449699536362397584526349280256226244219201206
Costs and Expenses11.5%305274281501535309311472396260268351341243261182141137138134143
EBITDA Margin12.1%0.51*0.46*0.45*0.44*0.44*0.46*0.46*0.47*0.49*0.49*0.49*0.51*---------
Interest Expenses6.3%73.0069.0069.0073.0069.0060.0055.0054.0053.0052.0052.0051.0052.0050.0052.0035.0033.0033.0032.0028.0026.00
Income Taxes-730.9%-30.83-3.71-0.26-31.64-9.995.008.00-17.23-19.932.004.005.00-17.254.000.00-7.12-1.12-1.55-2.17-8.17-15.11
Earnings Before Taxes37.0%10576.0091.0016010573.0090.0018297.0052.0085.0018885.0060.0075.0045.0063.0087.0053.009.00-18.76
EBT Margin10.9%0.21*0.19*0.19*0.19*0.20*0.21*0.21*0.21*0.22*0.22*0.23*0.24*---------
Net Income69.1%13580.0091.0019111569.0082.0019911751.0081.0018410356.0075.0052.0064.0088.0055.0017.00-3.66
Net Income Margin15.8%0.24*0.21*0.20*0.20*0.20*0.22*0.22*0.22*0.23*0.22*0.23*0.24*---------
Free Cashflow-29.6%12918367.00249-71.37-49.66-46.82158-69.69-3.535.00103---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.5%16,84116,43316,10215,81815,71915,28015,04614,87714,65814,23613,93413,82213,70513,39913,02812,9299,3629,3419,1807,0816,964
  Current Assets20.2%4924094075106585414134444383533053483803113123682,0152,1792,118144147
    Cash Equivalents-45.8%5.009.0012.0020.0011.0023.0013.0058.0011.0010.008.0018.005.008.007.0032.001,8692,0311,9744.004.00
  Inventory-----------------18.0017.0016.0016.0016.00
  Net PPE2.1%12,09711,84711,59111,29511,13110,87610,59210,39510,2529,9579,7079,5699,5139,2609,0518,8906,3466,1976,1156,0205,930
  Goodwill0.0%2,3412,3412,3412,3412,3412,3412,3412,3412,3412,34116.0016.002,3252,3342,3342,27764.0053.0053.0053.0053.00
  Current Liabilities-11.0%7988977658031,022848544678675516469503604667448827323352399434399
  Long Term Debt5.7%6,8266,4566,6166,4856,3716,1746,0885,8723,0625,5995,6485,5483,0145,1535,1754,7291,8872,8982,7492,4631,604
    LT Debt, Current-69.2%67.0021919919919915012113213263.0080.0080.0084.0020688.00115105178221156145
    LT Debt, Non Current5.7%6,8266,4566,6166,4856,3716,1746,0885,8725,7805,5995,6485,5485,5085,1535,1754,7292,9432,8982,7492,4632,398
Shareholder's Equity-0.4%5,8965,9235,6155,5165,3775,3435,3425,2555,1845,1284,8374,8104,6844,6364,6364,6133,8813,8633,8251,9932,009
  Retained Earnings-1.9%1,7071,7391,7411,6501,5341,5711,5771,4981,4341,3861,4031,3841,2621,2211,2271,2101,2101,1981,1601,1521,174
  Additional Paid-In Capital0.1%4,1384,1323,8273,8203,7933,7243,7163,7143,7063,6983,3933,3863,3793,3723,3673,3622,6372,6332,633827820
Accumulated Depreciation1.6%2,8802,8352,7542,6672,6062,5922,5192,4422,3592,3362,2702,2022,1072,0611,9621,9051,8561,8021,7661,7271,718
Shares Outstanding0.2%267267264264262262262262257256255255---------
Float---10,536---12,000---11,212---10,336---8,911--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-29.6%129,018183,147219,794401,62881,147102,857105,698310,60482,827148,984157,387255,48187,369175,453149,68195,521110,494140,4868,25679,28777,793
  Share Based Compensation21.0%2,3941,9793,5283,4224,0422,6932,7392,7322,7352,2902,3292,7242,3182,1342,0201,6881,5371,7732,1281,9302,236
Cashflow From Investing12.5%-303,019-346,315-329,186-243,208-355,233-349,056-240,781-233,232-345,188-307,089-226,069-177,712-314,021-259,710-195,333-3,564,602-207,083-130,995-132,968-133,557-197,725
Cashflow From Financing6.3%170,108160,031100,885-149,669262,118256,58989,761-29,641263,192159,43759,040-64,550222,98585,52421,0311,632,007-65,05747,0012,094,73554,696119,295
  Dividend Payments3.3%83,89081,23075,87875,80875,27875,24670,28767,82167,78867,75861,58461,52061,49261,46057,41452,20551,69150,55847,24939,01438,970
  Buy Backs1200.0%26.002.0042.003,91113629.0015.001,0124.008.0017.003,26220.002.004.004,339-8.002.001,85763.00

WTRG Income Statement

2023-12-31
Consolidated Statements Of Operations And Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Consolidated Statements Of Operations And Comprehensive Income [Abstract]   
Operating revenues$ 2,053,824$ 2,288,032$ 1,878,144
Operating expenses:   
Operations and maintenance575,518613,649550,580
Purchased gas352,306601,995340,262
Depreciation338,655315,811292,191
Amortization5,0405,3665,761
Taxes other than income taxes90,20890,02486,641
Total operating expenses1,361,7271,626,8451,275,435
Operating income692,097661,187602,709
Other expense (income):   
Interest expense283,362238,116207,709
Interest income(3,401)(3,675)(2,384)
Allowance for funds used during construction(16,967)(23,665)(20,792)
Gain on sale of other assets(65)(991)(976)
Other(2,613)494(2,848)
Income before income taxes431,781450,908422,000
Income tax benefit(66,445)(14,329)(9,612)
Net income498,226465,237431,612
Comprehensive income$ 498,226$ 465,237$ 431,612
Net income per common share:   
Basic$ 1.86$ 1.77$ 1.68
Diluted$ 1.86$ 1.77$ 1.67
Average common shares outstanding during the period:   
Basic267,171262,246257,487
Diluted267,659262,868258,180

WTRG Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Property, plant and equipment, at cost$ 14,977,021$ 13,737,387
Less: accumulated depreciation2,879,9492,606,441
Net property, plant and equipment12,097,07211,130,946
Current assets:  
Cash and cash equivalents4,61211,398
Accounts receivable, net144,300206,324
Unbilled revenues101,436170,504
Inventory - materials and supplies47,49446,592
Inventory - gas stored65,173153,143
Current assets held for sale 11,167
Prepayments and other current assets99,88439,759
Regulatory assets29,08019,272
Total current assets491,979658,159
Regulatory assets1,766,8921,342,753
Deferred charges and other assets, net102,388166,653
Funds restricted for construction activity1,3811,342
Goodwill2,340,7382,340,792
Non-current assets held for sale 32,124
Operating lease right-of-use assets37,41641,734
Intangible assets3,5934,604
Total assets16,841,45915,719,107
Essential Utilities stockholders' equity:  
Common stock at $0.50 par value, authorized 600,000,000 shares, issued 276,595,228 and 266,973,321 as of December 31, 2023 and December 31, 2022138,297133,486
Capital in excess of par value4,137,6963,793,262
Retained earnings1,706,6751,534,331
Treasury stock, at cost, 3,299,191 and 3,236,237 shares as of December 31, 2023 and December 31, 2022(86,485)(83,693)
Total stockholders' equity5,896,1835,377,386
Long-term debt, excluding current portion6,870,5936,418,039
Less: debt issuance costs44,50846,982
Long-term debt, excluding current portion, net of debt issuance costs6,826,0856,371,057
Commitments and contingencies (See Note 9)
Current liabilities:  
Current portion of long-term debt67,415199,356
Loans payable160,123228,500
Accounts payable221,191238,843
Book overdraft13,35828,694
Accrued interest53,08447,063
Accrued taxes40,64134,393
Liabilities related to assets held for sale 3,263
Regulatory liabilities31,27035,276
Dividends payable83,92975,808
Other accrued liabilities126,916130,673
Total current liabilities797,9271,021,869
Deferred credits and other liabilities:  
Deferred income taxes and investment tax credits1,628,3241,345,766
Customers' advances for construction128,755114,732
Regulatory liabilities820,910778,754
Asset retirement obligations848843
Operating lease liabilities34,42537,666
Non-current liabilities related to assets held for sale 974
Pension and other postretirement benefit liabilities38,85031,244
Other24,08628,562
Total deferred credits and other liabilities2,676,1982,338,541
Contributions in aid of construction645,066610,254
Total liabilities and equity$ 16,841,459$ 15,719,107
WTRG
Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. The company operates through Regulated Water and Regulated Natural Gas segments. 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. It serves approximately 8.8 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.
 CEO
 WEBSITEessential.co
 INDUSTRYUtilities Regulated Electric
 EMPLOYEES3187

Essential Utilities Inc Frequently Asked Questions


What is the ticker symbol for Essential Utilities Inc? What does WTRG stand for in stocks?

WTRG is the stock ticker symbol of Essential Utilities Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Essential Utilities Inc (WTRG)?

As of Mon Apr 15 2024, market cap of Essential Utilities Inc is 9.45 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WTRG stock?

You can check WTRG's fair value in chart for subscribers.

What is the fair value of WTRG stock?

You can check WTRG's fair value in chart for subscribers. The fair value of Essential Utilities Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Essential Utilities Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WTRG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Essential Utilities Inc a good stock to buy?

The fair value guage provides a quick view whether WTRG is over valued or under valued. Whether Essential Utilities Inc is cheap or expensive depends on the assumptions which impact Essential Utilities Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WTRG.

What is Essential Utilities Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, WTRG's PE ratio (Price to Earnings) is 18.96 and Price to Sales (PS) ratio is 4.6. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WTRG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Essential Utilities Inc's stock?

In the past 10 years, Essential Utilities Inc has provided 0.053 (multiply by 100 for percentage) rate of return.