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

Essential Utilities Inc. (WTRG) P/B ratio

Alert me on P/B ratio

As of 4 November 2026, Essential Utilities Inc. (WTRG) trades at a P/B ratio of 1.8×. Over the past ten years it has ranged from 1.5× (October 2023) to 3.8× (June 2019); the current reading is higher than 27% of that period. That is in line with the Utilities Regulated Water industry median of 1.7× and above the Utilities sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.6× (2.39%)
FY2024 1.6× (6.35%)
FY2023 1.7× (27.04%)
FY2022 2.3× (11.92%)
FY2021 2.7× 5.74%
FY2020 2.5× (3.28%)
FY2019 2.6× (13.87%)
FY2018 3.0× (13.68%)
FY2017 3.5× 22.07%
FY2016 2.9× (5.89%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.6× 1.01%
Jun 2026 1.5× (6.40%)
Mar 2026 1.7× 5.60%
Dec 2025 1.6× (5.03%)
43 more quarters

Against its own ten years

Low 1.5× High 3.8×
Ten-year median 2.5×
Current reading's percentile 29

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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