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WTRG

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

39.50USD+0.28 (+0.71%)Delayed as of 15 May 2024, 11:46 am ET

Market Summary

WTRG
USD39.50+0.28
Delayedas of 15 May 2024, 11:46 am
0.71%

WTRG Alerts

  • Big fall in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

WTRG Stock Price

View Fullscreen

WTRG RSI Chart

WTRG Valuation

Market Cap

10.7B

Price/Earnings (Trailing)

18.74

Price/Sales (Trailing)

5.53

EV/EBITDA

15.13

Price/Free Cashflow

13.88

WTRG Price/Sales (Trailing)

WTRG Profitability

EBT Margin

27.18%

Return on Equity

9.42%

Return on Assets

3.36%

Free Cashflow Yield

7.2%

WTRG Fundamentals

WTRG Revenue

Revenue (TTM)

1.9B

Rev. Growth (Yr)

-15.75%

Rev. Growth (Qtr)

27.67%

WTRG Earnings

Earnings (TTM)

572.6M

Earnings Growth (Yr)

38.83%

Earnings Growth (Qtr)

96.22%

Breaking Down WTRG Revenue

52 Week Range

32.7143.26
(Low)(High)

Last 7 days

1.4%

Last 30 days

14.1%

Last 90 days

10.6%

Trailing 12 Months

-6.7%

How does WTRG drawdown profile look like?

WTRG Financial Health

Current Ratio

0.62

Debt/Equity

1.13

Debt/Cashflow

0.11

WTRG Investor Care

Dividend Yield

0.83%

Dividend/Share (TTM)

0.33

Shares Dilution (1Y)

3.46%

Diluted EPS (TTM)

2.11

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.9B000
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
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Tracking the Latest Insider Buys and Sells of Essential Utilities Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 01, 2024
rubin robert a
sold
-73,960
36.56
-2,023
chief accounting officer
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
huwar michael
acquired
-
-
2,489
president
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

1–10 of 50

Which funds bought or sold WTRG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 13, 2024
Jefferies Financial Group Inc.
new
-
1,575,550
1,575,550
0.01%
May 13, 2024
UBS Group AG
reduced
-59.1
-27,211,400
18,574,000
-%
May 13, 2024
CANADA LIFE ASSURANCE Co
reduced
-54.33
-15,945,000
13,326,000
0.03%
May 13, 2024
Key Financial Inc
added
0.17
-5,528
870,372
0.22%
May 13, 2024
Ameritas Investment Partners, Inc.
added
2.81
69,152
3,544,850
0.12%
May 13, 2024
OSTRUM ASSET MANAGEMENT
added
0.97
6,400
3,914,630
0.31%
May 13, 2024
Natixis Investment Managers International
reduced
-38.16
-94,174
149,423
0.01%
May 13, 2024
O'SHAUGHNESSY ASSET MANAGEMENT, LLC
added
289
1,023,350
1,380,270
0.01%
May 13, 2024
D.A. DAVIDSON & CO.
reduced
-14.35
-103,415
584,387
-%
May 13, 2024
GEODE CAPITAL MANAGEMENT, LLC
added
5.21
6,371,880
152,694,000
0.01%

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
May 09, 2024
3
Insider Trading
May 08, 2024
10-Q
Quarterly Report
May 06, 2024
3
Insider Trading
May 06, 2024
4/A
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
8-K
Current Report
May 03, 2024
8-K
Current Report
May 02, 2024
8-K
Current Report
May 01, 2024
144
Notice of Insider Sale Intent
Apr 02, 2024
4
Insider Trading

Peers (Alternatives to Essential Utilities Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
698.2M
8.66% -11.95%
25.5K
3.5K
3.29% 8.78%
47.9B
19.3B
10.57% 0.77%
16.98
2.48
-2.13% 41.75%
25.9B
4.3B
14.22% -9.77%
27.05
6.02
10.78% 15.26%
20.0B
7.3B
4.38% -11.94%
17.31
2.75
-10.88% 5.77%
17.7B
4.1B
2.83% -0.31%
17.69
4.36
-11.13% 20.48%
17.1B
28.5B
11.05% 143.04%
10.41
0.6
-9.05% 188.86%
14.4B
12.5B
20.47% -6.97%
-2.2K
1.15
-3.77% 98.49%
14.4B
8.3B
3.94% -6.98%
16.12
1.74
0.05% 30.98%
MID-CAP
8.7B
4.7B
6.58% -3.94%
16.22
1.86
4.84% 12.15%
3.6B
1.7B
7.90% 2.32%
15.15
2.11
-1.93% 32.23%
3.0B
1.9B
12.53% -12.33%
15.93
1.59
9.47% 35.66%
SMALL-CAP
470.7M
180.2M
20.68% 70.25%
15.83
2.61
91.50% 388.02%
179.0M
3.0M
13.79% -36.54%
-6.48
60.4
94.10% 6.65%
35.5M
415.8M
0.73% -12.52%
1.49
0.09
-11.16% 525.10%
8.7M
867.4K
-21.97% -37.58%
-9.31
9.96
-88.45% 77.17%

Essential Utilities Inc News

Latest updates
Yahoo Canada Shine On • 6 hours ago
Yahoo Canada Shine On • 13 May 2024 • 02:20 pm
Yahoo Singapore News • 10 May 2024 • 01:55 pm

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue27.7%612479411437726705435449699536362397584526349280256226244219201
Costs and Expenses24.9%381305274281501535309311472396260268351341243261182141137138134
EBITDA Margin16.1%0.60*0.51*0.46*0.45*0.44*0.44*0.46*0.46*0.47*0.49*0.49*0.49*---------
Interest Expenses0.5%73.0073.0069.0069.0073.0069.0060.0055.0054.0053.0052.0052.0051.0052.0050.0052.0035.0033.0033.0032.0028.00
Income Taxes65.5%-10.64-30.83-3.71-0.26-31.64-9.995.008.00-17.23-19.932.004.005.00-17.254.000.00-7.12-1.12-1.55-2.17-8.17
Earnings Before Taxes143.9%25510576.0091.0016010573.0090.0018297.0052.0085.0018885.0060.0075.0045.0063.0087.0053.009.00
EBT Margin29.3%0.27*0.21*0.19*0.19*0.19*0.20*0.21*0.21*0.21*0.22*0.22*0.23*---------
Net Income96.2%26613580.0091.0019111569.0082.0019911751.0081.0018410356.0075.0052.0064.0088.0055.0017.00
Net Income Margin21.7%0.30*0.24*0.21*0.20*0.20*0.20*0.22*0.22*0.22*0.23*0.22*0.23*---------
Free Cashflow86.6%24112931.0067.00249-71.37-49.66-46.82158-69.69-3.535.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.3%17,05416,84116,43316,10215,81815,71915,28015,04614,87714,65814,23613,93413,82213,70513,39913,02812,9299,3629,3419,1807,081
  Current Assets-14.7%4204924094075106585414134444383533053483803113123682,0152,1792,118144
    Cash Equivalents663.2%35.005.009.0012.0020.0011.0023.0013.0058.0011.0010.008.0018.005.008.007.0032.001,8692,0311,9744.00
  Inventory------------------18.0017.0016.0016.00
  Net PPE1.3%12,25612,09711,84711,59111,29511,13110,87610,59210,39510,2529,9579,7079,5699,5139,2609,0518,8906,3466,1976,1156,020
  Goodwill0.0%2,3412,3412,3412,3412,3412,3412,3412,3412,3412,3412,34116.0016.002,3252,3342,3342,27764.0053.0053.0053.00
  Current Liabilities-15.0%6797988977658031,022848544678675516469503604667448827323352399434
  Long Term Debt0.4%6,8566,8266,4566,6166,4856,3716,1746,0885,8723,0625,5995,6485,5483,0145,1535,1754,7291,8872,8982,7492,463
    LT Debt, Current-0.2%67.0067.0021919919919915012113213263.0080.0080.0084.0020688.00115105178221156
    LT Debt, Non Current-100.0%-6,8266,4566,6166,4856,3716,1746,0885,8725,7805,5995,6485,5485,5085,1535,1754,7292,9432,8982,7492,463
Shareholder's Equity3.1%6,0815,8965,9235,6155,5165,3775,3435,3425,2555,1845,1284,8374,8104,6844,6364,6364,6133,8813,8633,8251,993
  Retained Earnings10.7%1,8891,7071,7391,7411,6501,5341,5711,5771,4981,4341,3861,4031,3841,2621,2211,2271,2101,2101,1981,1601,152
  Additional Paid-In Capital0.1%4,1434,1384,1323,8273,8203,7933,7243,7163,7143,7063,6983,3933,3863,3793,3723,3673,3622,6372,6332,633827
Accumulated Depreciation2.5%2,9522,8802,8352,7542,6672,6062,5922,5192,4422,3592,3362,2702,2022,1072,0611,9621,9051,8561,8021,7661,727
Shares Outstanding2.3%273267267264264262262262262257256255---------
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations86.6%240,713129,018183,147219,794401,62881,147102,857105,698310,60482,827148,984157,387255,48187,369175,453149,68195,521110,494140,4868,25679,287
  Share Based Compensation-55.7%1,0612,3941,9793,5283,4224,0422,6932,7392,7322,7352,2902,3292,7242,3182,1342,0201,6881,5371,7732,1281,930
Cashflow From Investing71.5%-86,483-303,019-346,315-329,186-243,208-355,233-349,056-240,781-233,232-345,188-307,089-226,069-177,712-314,021-259,710-195,333-3,564,602-207,083-130,995-132,968-133,557
Cashflow From Financing-172.7%-123,642170,108160,031100,885-149,669262,118256,58989,761-29,641263,192159,43759,040-64,550222,98585,52421,0311,632,007-65,05747,0012,094,73554,696
  Dividend Payments-100.0%-83,89081,23075,87875,80875,27875,24670,28767,82167,78867,75861,58461,52061,49261,46057,41452,20551,69150,55847,24939,014
  Buy Backs8480.8%2,23126.002.0042.003,91113629.0015.001,0124.008.0017.003,26220.002.004.004,339-8.002.001,857
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WTRG Income Statement

2024-03-31
Consolidated Statements Of Operations And Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Consolidated Statements Of Operations [Abstract]  
Operating revenues$ 612,069$ 726,450
Operating expenses:  
Operations and maintenance136,900137,994
Purchased gas129,675256,315
Depreciation88,71682,923
Amortization1,088871
Taxes other than income taxes25,02422,878
Total operating expenses381,403500,981
Operating income230,666225,469
Other expense (income):  
Interest expense73,27372,668
Interest income(989)(819)
Allowance for funds used during construction(4,681)(5,688)
Gain on sale of other assets(91,625)(249)
Other(442)(240)
Income before income taxes255,130159,797
Income tax benefit(10,642)(31,637)
Net income265,772191,434
Comprehensive income$ 265,772$ 191,434
Net income per common share:  
Basic$ 0.97$ 0.72
Diluted$ 0.97$ 0.72
Average common shares outstanding during the period:  
Basic273,377264,192
Diluted273,738264,751

WTRG Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets  
Property, plant and equipment, at cost$ 15,208,072$ 14,977,021
Less: accumulated depreciation2,952,4872,879,949
Net property, plant and equipment12,255,58512,097,072
Current assets:  
Cash and cash equivalents35,2004,612
Accounts receivable, net164,638144,300
Unbilled revenues102,793101,436
Inventory - materials and supplies48,94747,494
Inventory - gas stored17,84965,173
Prepayments and other current assets34,61999,884
Regulatory assets15,48829,080
Total current assets419,534491,979
Regulatory assets1,899,9841,766,892
Deferred charges and other assets, net97,865102,388
Funds restricted for construction activity1,3911,381
Goodwill2,340,7332,340,738
Operating lease right-of-use assets35,73937,416
Intangible assets3,5133,593
Total assets17,054,34416,841,459
Stockholders' equity:  
Common stock at $0.50 par value, authorized 600,000,000 shares, issued 276,878,103 and 276,595,228 as of March 31, 2024 and December 31, 2023138,438138,297
Capital in excess of par value4,142,6104,137,696
Retained earnings1,888,5211,706,675
Treasury stock, at cost, 3,354,887 and 3,299,191 shares as of March 31, 2024 and December 31, 2023(88,442)(86,485)
Total stockholders' equity6,081,1275,896,183
Long-term debt, excluding current portion6,903,5446,870,593
Less: debt issuance costs47,41544,508
Long-term debt, excluding current portion, net of debt issuance costs6,856,1296,826,085
Commitments and contingencies (See Note 14)
Current liabilities:  
Current portion of long-term debt67,24767,415
Loans payable87,500160,123
Accounts payable161,210221,191
Book overdraft10,93813,358
Accrued interest86,51253,084
Accrued taxes36,91140,641
Regulatory liabilities14,21631,270
Dividends payable83,99983,929
Other accrued liabilities130,073126,916
Total current liabilities678,606797,927
Deferred credits and other liabilities:  
Deferred income taxes and investment tax credits1,733,9471,628,324
Customers' advances for construction125,191128,755
Regulatory liabilities838,084820,910
Asset retirement obligations851848
Operating lease liabilities32,41534,425
Pension and other postretirement benefit liabilities37,36338,850
Other23,69924,086
Total deferred credits and other liabilities2,791,5502,676,198
Contributions in aid of construction646,932645,066
Total liabilities and equity$ 17,054,344$ 16,841,459
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 Tue May 14 2024, market cap of Essential Utilities Inc is 10.73 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 Tue May 14 2024, WTRG's PE ratio (Price to Earnings) is 18.74 and Price to Sales (PS) ratio is 5.53. 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 0.068 (multiply by 100 for percentage) rate of return.