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) Piotroski F-score

Alert me on Piotroski F-score

Essential Utilities Inc.'s Piotroski F-score for fiscal 2025 is 5 out of 9: 5 of nine tests of profitability, leverage and efficiency passed, unchanged from fiscal 2024.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2025 5 0.00
FY2024 5 0.00
FY2023 5 0.00
FY2022 5 (2.00)
FY2021 7 3.00
FY2020 4 (1.00)
FY2019 5 2.00
FY2018 3 (1.00)
FY2017 4 (1.00)
FY2016 5 —

How fiscal 2025’s score is made up

Test This year Year before Result Points
Positive return on assets 3.29% 3.41% Pass 1
Positive operating cash flow 1.01b 770.34m Pass 1
Rising return on assets 3.29% 3.41% Fail 0
Cash flow above net income 394.09m 175.03m Pass 1
Falling long-term leverage 0.43 0.42 Fail 0
Rising current ratio 0.80 0.50 Pass 1
No new shares issued 280,054,000 273,914,000 Fail 0
Rising gross margin 83.68% 86.72% Fail 0
Rising asset turnover 0.13 0.12 Pass 1
Piotroski F-score Mixed 5

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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