Saturday 17 October 2026 Export UTL’s income statement to Excel — free account

Unitil Corporation

Unitil Corporation’s revenue for fiscal 2025 (year ended December 2025) was $536.0 million, up 8.33% from fiscal 2024. In the quarter to June 2026, revenue grew 14.0%, EPS grew 4.00%, free cash flow grew 505.0% and total debt rose 12.6%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years, operating cash flow growth for three.

54.07 0.74 +1.39%

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Market cap: $972.6M
P/E: 17.1×
Fwd P/E: 15.7×
Dividend yield: 3.47%
F-score: 5/9
Altman Z: 0.75
Beneish M: −2.33
Dividend safety: 45/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.39%

Capital & Financial Ratios $m

Market Cap 972.56

Revenue 596.50

Net Income 56.60

Free Cash Flow (45.50)

Net Debt 712.00

Current Ratio 0.49

Debt/Equity 1.12

P/E ratio 17.06

Fwd P/E 15.70

P/S ratio 1.62

P/B ratio 1.50

Past 5Y EPS Growth 6.68%

This Y EPS Growth 3.77%

Next Y EPS Growth 5.91%

Next Y revenue growth 16.49%

Next 5Y EPS Growth 5.43%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 11.54%

10-year low 10-year high

P/S against its own 10 years 48.03%

10-year low 10-year high

P/B against its own 10 years 12.38%

10-year low 10-year high

EV/Sales against its own 10 years 73.02%

10-year low 10-year high

Dividends

Payout Ratio 0.59

Annual Dividend Rate 1.88

Annual Dividend Yield 3.47%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.90	0.48 0.48 0.48
2025	1.80	0.45 0.45 0.45 0.45
2024	1.70	0.43 0.43 0.43 0.43
2023	1.62	0.41 0.41 0.41 0.41
2022	1.56	0.39 0.39 0.39 0.39
2021	1.52	0.38 0.38 0.38 0.38
2020	1.50	0.38 0.38 0.38 0.38
2019	1.48	0.37 0.37 0.37 0.37
2018	1.46	0.37 0.37 0.37 0.37
2017	1.44	0.36 0.36 0.36 0.36
2016	1.78	0.36 0.36 0.36 0.36 0.36

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	7	6	16	9
Receivables	84	81	108	84
Inventory	15	15	17	17
Other	63	77	87	70
	177	189	240	199

	2023	2024	2025	Q'26
Payables	48	50	63	44
ST’ Debt	5	5	38	41
Other	38	48	46	53
	277	229	426	405

Compound Annual Growth %

	10y	5y	3y
Sales	2.30%	5.07%	(1.64%)
Cash Flow	1.33%	11.64%	10.35%
Earnings	6.61%	9.16%	6.42%
Book Value	7.98%	9.39%	9.24%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	217	117	—	—	—
’25	171	103	101	162	536
’24	179	96	93	128	495
’23	220	103	104	130	557
’22	193	99	110	162	563
’21	139	97	98	140	473
’20	130	84	87	117	419

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	50	56	—	—	—
’25	52	42	16	21	131
’24	27	50	26	23	126
’23	15	47	16	28	107
’22	29	42	12	15	98
’21	48	37	12	12	108
’20	28	30	17	1	76

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	18	12	—	—	—
’25	20	2	(39)	(36)	(54)
’24	6	13	(31)	(32)	(44)
’23	(7)	12	(19)	(19)	(34)
’22	14	12	(25)	(25)	(24)
’21	34	8	(27)	(22)	(7)
’20	11	(2)	(28)	(28)	(47)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.85	0.26	—	—	—
’25	1.69	0.25	(0.02)	1.08	2.97
’24	1.69	0.27	0.00	0.97	2.93
’23	1.51	0.25	0.09	0.97	2.82
’22	1.35	0.30	0.03	0.91	2.59
’21	1.26	0.18	0.00	0.93	2.35
’20	1.02	0.21	0.02	0.90	2.15

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	34.70	43.03	40.92	47.05	32.80	38.02	44.02	41.43	45.26	44.61	Analyst estimates 2026–2028 Powerpack
	High	46.00	52.84	53.07	64.53	65.76	59.32	61.10	60.59	63.52	59.99
People
People	Employees	498	510	520	513	512	508	516	531	544	595
	Revenue/emp, $m	0.77	0.80	0.85	0.85	0.82	0.93	1.09	1.05	0.91	0.90
Income, $m
Income, $m	Revenue	383	406	444	438	419	473	563	557	495	536
	Gross margin, %	51.59	51.18	48.07	49.06	51.48	48.70	43.09	46.42	55.42	58.53
	EBT	43	47	41	58	42	48	53	58	61	66
	EBT margin, %	11.09	11.45	9.32	13.24	10.13	10.06	9.34	10.48	12.35	12.22
	Net income	27	29	33	44	32	36	41	45	47	50
	Depreciation	47	47	50	52	55	60	63	67	76	89
Per share, $
Per share, $	Revenue	27.39	28.81	30.01	29.41	27.91	30.73	35.20	34.82	30.73	31.90
	Earnings	1.94	2.06	2.23	2.97	2.15	2.35	2.59	2.82	2.93	2.97
	Cash flow	4.88	6.11	5.30	7.04	5.05	7.00	6.11	6.69	7.82	7.82
	Capex	(7.01)	(8.46)	(6.92)	(8.00)	(8.17)	(7.47)	(7.63)	(8.81)	(10.55)	(11.02)
	Free cash flow	(2.13)	(2.35)	(1.61)	(0.96)	(3.13)	(0.47)	(1.52)	(2.12)	(2.73)	(3.20)
	Book value	20.94	23.89	23.74	25.29	25.95	29.12	29.23	30.58	31.83	36.29
	Shares, m	14	14	15	15	15	15	16	16	16	17
Valuation, ×
Valuation, ×	P/E	23.57	21.77	22.71	20.81	20.59	19.41	19.55	18.91	18.49	16.15
	P/S	1.67	1.56	1.69	2.10	1.59	1.50	1.44	1.53	1.76	1.52
	P/B	2.19	1.88	2.13	2.45	1.71	1.58	1.73	1.74	1.70	1.34
	EV/Sales	2.55	2.55	2.58	3.13	2.84	2.55	2.30	2.44	3.05	2.74
	EV/FCF	(32.76)	(31.28)	(48.01)	(96.01)	(25.37)	(167.74)	(53.15)	(40.02)	(34.31)	(27.30)
Cash, $m
Cash, $m	Operating cash flow	68	86	79	105	76	108	98	107	126	131
	Capex	(98)	(119)	(102)	(119)	(123)	(115)	(122)	(141)	(170)	(185)
	Free cash flow	(30)	(33)	(24)	(14)	(47)	(7)	(24)	(34)	(44)	(54)
Balance, $m
Balance, $m	Working capital	(45)	0	(40)	(29)	3	(14)	(65)	(100)	(40)	(186)
	Total debt	342	412	406	457	532	506	496	514	643	671
	Net debt	336	403	398	452	526	500	487	508	637	655
	Shareholders’ equity	293	337	351	377	389	449	468	489	513	610
Returns, %
Returns, %	ROA	2.50	2.45	2.60	3.31	2.26	2.39	2.64	2.77	2.72	2.54
	ROIC	6.97	6.37	5.94	5.51	4.88	5.13	5.27	5.46	4.93	5.00
	ROE	9.42	9.21	9.60	12.15	8.41	8.62	9.04	9.45	9.41	8.90

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SRE Sempra	$53.6B	24.0×	17.8×	−0.10% (below 0%: shrinking)	+71.83% (above 0%: growing)	+39.61% (above 0%: growing)	96.40%	27.76%	Compare
BIP Brookfield Infrastructure Partners LP	$24.3B	60.4×	33.4×	+19.40% (above 0%: growing)	n/m	+17.47% (above 0%: growing)	24.53%	22.77%	Compare
AES The AES Corporation	$10.7B	5.7×	7.3×	+19.86% (above 0%: growing)	n/m	−67.70% (below 0%: shrinking)	20.22%	13.12%	Compare
ELPC Companhia Paranaense de Energia - Copel Unsponsored ADR	$10.2B	20.0×	—	—	+100.00% (above 0%: growing)	—	—	—	Compare
AVA Avista Corporation	$3.0B	13.2×	16.3×	+0.49% (above 0%: growing)	+152.94% (above 0%: growing)	+47.57% (above 0%: growing)	100.00%	13.08%	Compare
UTL Unitil Corporation	$972.6M	17.1×	15.7×	+14.04% (above 0%: growing)	+4.00% (above 0%: growing)	+505.00% (above 0%: growing)	61.71%	13.16%
Median of peers	$10.7B	20.0×	17.1×	+9.95%	+100.00%	+28.54%	60.47%	17.95%

All 6 Utilities Diversified stocks →

Unitil Corporation (UTL) key facts

Strength: Unitil Corporation’s revenue for fiscal 2025 (year ended December 2025) was $536.0 million, up 8.33% from fiscal 2024.
Strength: Net income was $50.2 million, or $2.97 per share (basic), a net margin of 9.31%.
Unitil Corporation (UTL) is an Utilities Diversified company in the Utilities sector, listed on the New York Stock Exchange.
As of October 16, 2026, UTL traded at $54.07, a market capitalization of $972.6 million.
At that price the stock trades at 17.1× trailing-twelve-month earnings and 1.6× sales; its P/E is higher than 12% of its own readings over the past ten years.
Unitil Corporation pays an annual dividend of $1.88 per share, a yield of 3.47%, with a payout ratio of 59.2%.
Return on equity was 8.90% and debt-to-equity 1.12.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 0.75 (distress zone) for fiscal 2025.