Pricing Log in Create free account
Wednesday 4 November 2026 Export WTRG’s income statement to Excel — free account

Essential Utilities Inc.

WTRG Utilities Utilities Regulated Water

Essential Utilities Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, up 18.6% from fiscal 2024.

Revenue
+6.56%
EPS
+12.1%
Free cash flow
−1.23%
Total debt
+1.34%

Quarter to September 2026, against a year earlier

45.07 1.03 +2.34%
Market cap
$12.5B
P/E
22.6×
Fwd P/E
19.6×
Dividend yield
3.88%
F-score
5/9
Altman Z
0.95
Beneish M
−2.29
Dividend safety
42/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Essential Utilities Inc. (WTRG) Operating margin

Alert me on Operating margin

Essential Utilities Inc.'s operating margin over the twelve months to 30 September 2026 was 35.5%, down 1.7 percentage points from fiscal 2025 (37.2%). Over the past ten years it has ranged from 28.9% (fiscal 2022) to 41.3% (fiscal 2017); the current reading is higher than 55% of that period. That is above the Utilities Regulated Water industry median of 31.2% and above the Utilities sector median of 18.8%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 37.2% 0.90
FY2024 36.3% 2.62
FY2023 33.7% 4.80
FY2022 28.9% (3.19)
FY2021 32.1% 2.37
FY2020 29.7% (8.51)
FY2019 38.2% (0.33)
FY2018 38.6% (2.69)
FY2017 41.3% 0.60
FY2016 40.7% 1.21

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 37.9% 1.50
Jun 2026 36.4% 0.36
Mar 2026 36.1% 3.58
Dec 2025 32.5% (3.12)
43 more quarters

Against its own ten years

Low 28.9% High 41.3%
Ten-year median 37.2%
Current reading's percentile 40

Operating margin against peers

Company Operating margin
AWK American Water Works Company, Inc. compare 37.0%
YORW The York Water Company compare 36.6%
WTRG Essential Utilities Inc. 35.1%
SBS Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp compare 32.2%
AWR American States Water Company compare 31.9%
MSEX Middlesex Water Company compare 30.5%
HTO H2O America compare 20.7%
CWT California Water Service Group compare 18.4%
CWCO Consolidated Water Co. Ltd. compare 12.3%
Utilities Regulated Water industry median 31.2%
Utilities sector median 18.8%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on WTRG