Essential Utilities Statistics
Total Valuation
WTRG has a market cap or net worth of $11.14 billion. The enterprise value is $18.16 billion.
| Market Cap | 11.14B |
| Enterprise Value | 18.16B |
Important Dates
The next confirmed earnings date is Monday, August 5, 2024, after market close.
| Earnings Date | Aug 5, 2024 |
| Ex-Dividend Date | May 9, 2024 |
Share Statistics
WTRG has 273.52 million shares outstanding. The number of shares has increased by 3.39% in one year.
| Shares Outstanding | 273.52M |
| Shares Change (YoY) | +3.39% |
| Shares Change (QoQ) | +2.27% |
| Owned by Insiders (%) | 0.19% |
| Owned by Institutions (%) | 84.43% |
| Float | 272.70M |
Valuation Ratios
The trailing PE ratio is 19.30 and the forward PE ratio is 20.43. WTRG's PEG ratio is 2.27.
| PE Ratio | 19.30 |
| Forward PE | 20.43 |
| PS Ratio | 5.74 |
| Forward PS | 4.96 |
| PB Ratio | 1.83 |
| P/FCF Ratio | n/a |
| PEG Ratio | 2.27 |
Enterprise Valuation
| EV / Earnings | 31.71 |
| EV / Sales | 9.36 |
| EV / EBITDA | 15.64 |
| EV / EBIT | 22.39 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.62, with a Debt / Equity ratio of 1.16.
| Current Ratio | 0.62 |
| Quick Ratio | 0.45 |
| Debt / Equity | 1.16 |
| Debt / EBITDA | 6.08 |
| Debt / FCF | n/a |
| Interest Coverage | 2.86 |
Financial Efficiency
Return on equity (ROE) is 9.70% and return on invested capital (ROIC) is 5.77%.
| Return on Equity (ROE) | 9.70% |
| Return on Assets (ROA) | 3.40% |
| Return on Capital (ROIC) | 5.77% |
| Revenue Per Employee | $595,286 |
| Profits Per Employee | $175,741 |
| Employee Count | 3,258 |
| Asset Turnover | 0.12 |
| Inventory Turnover | 10.97 |
Taxes
| Income Tax | -45.45M |
| Effective Tax Rate | -8.62% |
Stock Price Statistics
The stock price has decreased by -1.88% in the last 52 weeks. The beta is 0.83, so WTRG's price volatility has been lower than the market average.
| Beta (5Y) | 0.83 |
| 52-Week Price Change | -1.88% |
| 50-Day Moving Average | 38.09 |
| 200-Day Moving Average | 36.30 |
| Relative Strength Index (RSI) | 66.57 |
| Average Volume (20 Days) | 1,373,904 |
Short Selling Information
The latest short interest is 6.05 million, so 2.21% of the outstanding shares have been sold short.
| Short Interest | 6.05M |
| Short Previous Month | 6.44M |
| Short % of Shares Out | 2.21% |
| Short % of Float | 2.22% |
| Short Ratio (days to cover) | 4.81 |
Income Statement
In the last 12 months, WTRG had revenue of $1.94 billion and earned $572.56 million in profits. Earnings per share was $2.11.
| Revenue | 1.94B |
| Gross Profit | 1.05B |
| Operating Income | 697.29M |
| Pretax Income | 527.11M |
| Net Income | 572.56M |
| EBITDA | 1.16B |
| EBIT | 811.08M |
| Earnings Per Share (EPS) | $2.11 |
Balance Sheet
The company has $35.20 million in cash and $7.05 billion in debt, giving a net cash position of -$7.02 billion or -$25.66 per share.
| Cash & Cash Equivalents | 35.20M |
| Total Debt | 7.05B |
| Net Cash | -7.02B |
| Net Cash Per Share | -$25.66 |
| Equity (Book Value) | 6.08B |
| Book Value Per Share | 22.23 |
| Working Capital | -259.07M |
Cash Flow
In the last 12 months, operating cash flow was $772.67 million and capital expenditures -$1.05 billion, giving a free cash flow of -$272.88 million.
| Operating Cash Flow | 772.67M |
| Capital Expenditures | -1.05B |
| Free Cash Flow | -272.88M |
| FCF Per Share | -$1.00 |
Margins
Gross margin is 53.98%, with operating and profit margins of 35.95% and 29.52%.
| Gross Margin | 53.98% |
| Operating Margin | 35.95% |
| Pretax Margin | 27.18% |
| Profit Margin | 29.52% |
| EBITDA Margin | 59.85% |
| EBIT Margin | 41.82% |
| FCF Margin | -14.07% |
Dividends & Yields
This stock pays an annual dividend of $1.23, which amounts to a dividend yield of 3.02%.
| Dividend Per Share | $1.23 |
| Dividend Yield | 3.02% |
| Dividend Growth (YoY) | 7.00% |
| Years of Dividend Growth | 19 |
| Payout Ratio | 58.22% |
| Buyback Yield | -3.39% |
| Shareholder Yield | -0.38% |
| Earnings Yield | 5.14% |
| FCF Yield | -2.45% |
Analyst Forecast
The average price target for WTRG is $43.00, which is 5.60% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $43.00 |
| Price Target Difference | 5.60% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 7.69% |
| EPS Growth Forecast (5Y) | 7.10% |
Stock Splits
The last stock split was on September 3, 2013. It was a forward split with a ratio of 5:4.
| Last Split Date | Sep 3, 2013 |
| Split Type | Forward |
| Split Ratio | 5:4 |
Scores
WTRG has an Altman Z-Score of 1.02 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.02 |
| Piotroski F-Score | 5 |