Unitil Corporation (UTL)

Unitil Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	494.8	557.1	563.2	473.3	418.6
Revenue	494.8	557.1	563.2	473.3	418.6
Revenue Growth (YoY)	-11.18%	-1.08%	18.99%	13.07%	-4.47%
Operations & Maintenance	77.6	75.6	73.7	68.7	65.7
Depreciation & Amortization	76.1	67.4	62.6	59.5	54.5
Other Operating Expenses	248.59	325.6	346.13	268.26	228.68
Total Operating Expenses	402.29	468.6	482.43	396.46	348.88
Operating Income	92.51	88.5	80.77	76.84	69.72
Interest Expense	-37.7	-34.9	-28.3	-27.2	-26.4
Interest Income	4.1	3.3	1	0.5	0.8
Net Interest Expense	-33.6	-31.6	-27.3	-26.7	-25.6
Allowance for Borrowed Funds for Construction	4.3	2.9	1.8	1.1	1.8
Other Non-Operating Income (Expenses)	-2.11	-1.4	-2.67	-3.64	-3.52
EBT Excluding Unusual Items	61.1	58.4	52.6	47.6	42.4
Pretax Income	61.1	58.4	52.6	47.6	42.4
Income Tax Expense	14	13.2	11.2	11.5	10.2
Net Income	47.1	45.2	41.4	36.1	32.2
Net Income to Common	47.1	45.2	41.4	36.1	32.2
Net Income Growth	4.20%	9.18%	14.68%	12.11%	-27.15%
Shares Outstanding (Basic)	16	16	16	15	15
Shares Outstanding (Diluted)	16	16	16	15	15
Shares Change (YoY)	0.35%	0.36%	4.03%	2.84%	0.35%
EPS (Basic)	2.93	2.82	2.59	2.35	2.15
EPS (Diluted)	2.93	2.82	2.59	2.35	2.15
EPS Growth	3.86%	8.81%	10.25%	9.22%	-27.53%
Free Cash Flow	-44	-34	-24.4	-7.2	-46.9
Free Cash Flow Per Share	-2.73	-2.12	-1.52	-0.47	-3.14
Dividend Per Share	1.700	1.620	1.560	1.520	1.500
Dividend Growth	4.94%	3.85%	2.63%	1.33%	1.35%
Profit Margin	9.52%	8.11%	7.35%	7.63%	7.69%
Free Cash Flow Margin	-8.89%	-6.10%	-4.33%	-1.52%	-11.20%
EBITDA	168.61	155.9	143.37	136.34	124.22
EBITDA Margin	34.08%	27.98%	25.46%	28.81%	29.68%
D&A For EBITDA	76.1	67.4	62.6	59.5	54.5
EBIT	92.51	88.5	80.77	76.84	69.72
EBIT Margin	18.70%	15.88%	14.34%	16.24%	16.66%
Effective Tax Rate	22.91%	22.60%	21.29%	24.16%	24.06%
Revenue as Reported	494.8	557.1	563.2	473.3	418.6

Updated Feb 10, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q