WTRG
Income statement / Annual
Last year (2023), Essential Utilities, Inc.'s total revenue was $2.05 B,
a decrease of 10.24% from the previous year.
In 2023, Essential Utilities, Inc.'s net income was $498.23 M.
See Essential Utilities, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$2.05 B
|
$2.29 B
|
$1.88 B
|
$1.46 B
|
$889.69 M
|
$838.09 M
|
$809.53 M
|
$819.88 M
|
$814.20 M
|
$779.90 M
|
| Cost of Revenue |
$927.82 M |
$1.22 B |
$890.84 M |
$694.36 M |
$333.10 M |
$308.48 M |
$287.21 M |
$304.90 M |
$309.31 M |
$288.56 M |
| Gross Profit |
$1.13 B |
$1.07 B |
$987.30 M |
$768.34 M |
$556.59 M |
$529.61 M |
$522.32 M |
$514.98 M |
$504.89 M |
$491.35 M |
| Gross Profit Ratio |
0.55 |
0.47 |
0.53 |
0.53 |
0.63 |
0.63 |
0.65 |
0.63 |
0.62 |
0.63 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$3.78 M
|
$8.09 M
|
$7.69 M
|
$785,000.00
|
$5.81 M
|
$7.83 M
|
$4.95 M
|
$0.00
|
$0.00
|
$0.00
|
| Other Expenses |
$1.36 B |
$387.54 M |
$384.59 M |
$333.66 M |
$216.43 M |
-$2.00 M |
$193.35 M |
$189.39 M |
$183.79 M |
$176.99 M |
| Operating Expenses |
$1.36 B |
$387.54 M |
$384.59 M |
$333.66 M |
$216.43 M |
$206.44 M |
$193.35 M |
$189.39 M |
$183.79 M |
$176.99 M |
| Cost And Expenses |
$1.36 B |
$1.60 B |
$1.28 B |
$1.03 B |
$549.53 M |
$514.91 M |
$480.56 M |
$494.29 M |
$493.10 M |
$465.54 M |
| Interest Income |
$3.40 M |
$3.68 M |
$2.38 M |
$5.36 M |
$25.41 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$283.36 M |
$238.12 M |
$207.71 M |
$188.44 M |
$125.38 M |
$98.90 M |
$88.34 M |
$80.59 M |
$76.54 M |
$76.40 M |
| Depreciation &
Amortization |
$343.70 M
|
$321.18 M
|
$297.95 M
|
$257.06 M
|
$156.48 M
|
$146.67 M
|
$136.72 M
|
$133.01 M
|
$128.74 M
|
$126.54 M
|
| EBITDA |
$1.06 B
|
$990.45 M
|
$908.35 M
|
$716.36 M
|
$513.72 M
|
$476.20 M
|
$465.69 M
|
$466.31 M
|
$451.42 M
|
$440.89 M
|
| EBITDA Ratio |
0.52 |
0.44 |
0.48 |
0.48 |
0.58 |
0.56 |
0.58 |
0.56 |
0.51 |
0.56 |
| Operating Income Ratio
|
0.34
|
0.29
|
0.32
|
0.3
|
0.38
|
0.39
|
0.41
|
0.4
|
0.39
|
0.4
|
| Total Other
Income/Expenses Net |
-$260.32 M
|
-$210.28 M
|
-$180.71 M
|
-$169.72 M
|
-$128.63 M
|
-$144.86 M
|
-$77.27 M
|
-$78.14 M
|
-$104.35 M
|
-$75.26 M
|
| Income Before Tax |
$431.78 M |
$450.91 M |
$422.00 M |
$264.97 M |
$211.53 M |
$178.32 M |
$256.65 M |
$255.16 M |
$216.75 M |
$239.10 M |
| Income Before Tax Ratio
|
0.21
|
0.2
|
0.22
|
0.18
|
0.24
|
0.21
|
0.32
|
0.31
|
0.27
|
0.31
|
| Income Tax Expense |
-$66.45 M |
-$14.33 M |
-$9.61 M |
-$19.88 M |
-$13.02 M |
-$13.67 M |
$16.91 M |
$20.98 M |
$14.96 M |
$25.22 M |
| Net Income |
$498.23 M |
$465.24 M |
$431.61 M |
$284.85 M |
$224.54 M |
$191.99 M |
$239.74 M |
$234.18 M |
$201.79 M |
$233.24 M |
| Net Income Ratio |
0.24 |
0.2 |
0.23 |
0.19 |
0.25 |
0.23 |
0.3 |
0.29 |
0.25 |
0.3 |
| EPS |
1.86 |
1.77 |
1.68 |
1.14 |
1.04 |
1.08 |
1.35 |
1.32 |
1.14 |
1.32 |
| EPS Diluted |
1.86 |
1.77 |
1.67 |
1.12 |
1.04 |
1.08 |
1.35 |
1.32 |
1.14 |
1.31 |
| Weighted Average Shares
Out |
$267.17 M
|
$262.25 M
|
$257.49 M
|
$249.77 M
|
$215.55 M
|
$177.90 M
|
$177.61 M
|
$177.27 M
|
$176.79 M
|
$176.86 M
|
| Weighted Average Shares
Out Diluted |
$267.66 M
|
$262.87 M
|
$258.18 M
|
$254.63 M
|
$215.93 M
|
$178.40 M
|
$178.18 M
|
$177.85 M
|
$177.52 M
|
$177.76 M
|
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