WTRG Financials Essential Utilities, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 9, 2026, 10:16 UTC Overview →

Growth & profitability

Revenue has grown 10.2% per year over the past 5 years.
Net income has grown faster than revenue (31.3% vs 10.2% per year).

Financial health

Total debt ($9.7B) exceeds cash ($35M); net debt is $9.7B.
Total debt has grown faster than revenue (26.4% vs 10.2% per year).
Operating income covered interest expense 5.7× in the latest year, up from 2.3× 5 years ago.
Total debt is 3.5× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 57.0% of earnings.
The dividend has grown 22.2% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$5.1B	$1.1B	0.0%	36.7%	16.2%	5.7%	-$1.1B	$9.7B	$35M
2024	$4.7B	$1.1B	0.0%	36.9%	17.0%	3.2%	-$811M	$8.4B	$96M
2023	$4.2B	$944M	0.0%	35.7%	9.6%	3.1%	-$701M	$6.9B	$5M
2022	—	$465M	—	—	6.0%	3.0%	—	$3.1B	$11M
2021	—	$432M	—	—	8.3%	2.9%	—	$3.1B	$11M
2020	—	$285M	—	—	6.1%	2.1%	—	$3.0B	$5M
2019	—	$225M	—	—	5.8%	2.4%	—	$1.9B	$1.9B
2018	—	$192M	—	—	9.6%	2.8%	-$127M	$1.6B	$4M
2017	—	$240M	—	—	12.2%	3.8%	-$97M	$1.5B	$4M
2016	—	$234M	—	—	12.7%	3.8%	$13M	$1.2B	$4M
2015	—	$202M	—	—	11.7%	3.5%	$6M	$1.2B	$3M
2014	—	$233M	—	—	14.1%	4.3%	$36M	$1.1B	$4M
2013	—	$221M	—	—	14.4%	4.4%	$58M	$1.1B	$5M
2012	—	$197M	—	—	14.2%	4.1%	$21M	$1.0B	$6M
2011	—	$143M	—	—	11.4%	3.3%	$42M	$1.0B	$8M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$531M	$106M	0.0%	36.4%	1.5%	0.5%	—	$8.5B	$9M
Mar '26	$862M	$224M	0.0%	36.0%	3.3%	1.1%	—	$8.4B	$76M
Dec '25	$699M	$133M	0.0%	32.5%	1.9%	0.7%	—	$9.7B	$35M
Sep '25	$477M	$92M	0.0%	35.6%	1.4%	0.5%	—	$7.8B	$6M
Jun '25	$515M	$108M	0.0%	36.0%	1.6%	0.6%	—	$7.8B	$25M
Mar '25	$784M	$284M	0.0%	43.2%	4.4%	1.5%	—	$7.7B	$21M
Dec '24	$604M	$185M	0.0%	37.5%	3.0%	0.6%	—	$8.4B	$96M
Sep '24	$435M	$69M	0.0%	35.6%	1.1%	0.4%	—	$7.3B	$8M
Jun '24	$434M	$75M	0.0%	33.4%	1.2%	0.4%	—	$7.1B	$19M
Mar '24	$612M	$266M	0.0%	37.7%	4.4%	1.6%	—	$6.9B	$35M
Dec '23	$479M	$135M	0.0%	36.3%	1.4%	0.4%	—	$6.9B	$5M
Sep '23	$411M	$80M	0.0%	33.4%	1.4%	0.5%	—	$6.7B	$9M
Jun '23	$437M	$91M	0.0%	35.6%	1.6%	0.6%	—	$6.8B	$12M
Mar '23	$726M	$191M	0.0%	31.0%	3.5%	1.2%	—	$6.7B	$20M
Dec '22	$705M	$115M	0.0%	24.1%	1.5%	0.7%	—	$3.1B	$11M
Sep '22	$435M	$69M	0.0%	29.0%	1.3%	0.4%	—	$6.3B	$23M
Jun '22	$449M	$82M	0.0%	30.7%	1.5%	0.5%	—	$6.2B	$13M
Mar '22	$699M	$199M	0.0%	32.6%	3.8%	1.3%	—	$6.0B	$58M
Dec '21	$536M	$117M	0.0%	26.1%	2.2%	0.8%	—	$3.1B	$11M
Sep '21	$362M	$51M	0.0%	28.0%	1.0%	0.4%	—	$5.7B	$10M

Valuation over time

How the market has priced WTRG against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 26.6× (Mar '23) to 11.4× (Nov '26).
The price-to-sales ratio has risen from 2.4× (Jan '24) to 2.5× (Nov '26).
The dividend yield has risen from 2.3% (Mar '23) to 5.0% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is WTRG growing its revenue and profit?

Over the past 5 years, Essential Utilities, Inc.'s revenue has grown 10.2% per year, and net income grown 31.3% per year. These are computed facts, not advice.

How much debt does WTRG have?

As of FY2025, Essential Utilities, Inc. reported $9.7B of total debt against $35M of cash; operating income covered interest expense 5.7×.

What is WTRG's profit margin?

In FY2025, gross margin was —, operating margin 36.7%, and net margin 21.7%.

What is WTRG's P/E ratio?

Essential Utilities, Inc.'s P/E (TTM) is 22.73 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the WTRG stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 11.4× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.