Essential Utilities Statistics
Total Valuation
WTRG has a market cap or net worth of $10.00 billion. The enterprise value is $17.10 billion.
| Market Cap | 10.00B |
| Enterprise Value | 17.10B |
Important Dates
The next confirmed earnings date is Thursday, May 2, 2024, after market close.
| Earnings Date | May 2, 2024 |
| Ex-Dividend Date | May 9, 2024 |
Share Statistics
WTRG has 273.52 million shares outstanding. The number of shares has increased by 1.82% in one year.
| Shares Outstanding | 273.52M |
| Shares Change (YoY) | +1.82% |
| Shares Change (QoQ) | +0.18% |
| Owned by Insiders (%) | 0.19% |
| Owned by Institutions (%) | 79.82% |
| Float | 272.49M |
Valuation Ratios
The trailing PE ratio is 19.67 and the forward PE ratio is 18.10. WTRG's PEG ratio is 2.27.
| PE Ratio | 19.67 |
| Forward PE | 18.10 |
| PS Ratio | 4.87 |
| Forward PS | 4.33 |
| PB Ratio | 1.70 |
| P/FCF Ratio | n/a |
| PEG Ratio | 2.27 |
Enterprise Valuation
| EV / Earnings | 34.32 |
| EV / Sales | 8.32 |
| EV / EBITDA | 16.15 |
| EV / EBIT | 23.91 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.62, with a Debt / Equity ratio of 1.20.
| Current Ratio | 0.62 |
| Quick Ratio | 0.31 |
| Debt / Equity | 1.20 |
| Debt / EBITDA | 6.71 |
| Debt / FCF | n/a |
| Interest Coverage | 2.52 |
Financial Efficiency
Return on equity (ROE) is 8.70% and return on invested capital (ROIC) is 6.14%.
| Return on Equity (ROE) | 8.70% |
| Return on Assets (ROA) | 3.10% |
| Return on Capital (ROIC) | 6.14% |
| Revenue Per Employee | $630,394 |
| Profits Per Employee | $152,924 |
| Employee Count | 3,258 |
| Asset Turnover | 0.13 |
| Inventory Turnover | 6.52 |
Taxes
| Income Tax | -66.45M |
| Effective Tax Rate | -15.39% |
Stock Price Statistics
The stock price has decreased by -16.22% in the last 52 weeks. The beta is 0.81, so WTRG's price volatility has been lower than the market average.
| Beta (1Y) | 0.81 |
| 52-Week Price Change | -16.22% |
| 50-Day Moving Average | 35.67 |
| 200-Day Moving Average | 36.49 |
| Relative Strength Index (RSI) | 55.25 |
| Average Volume (30 Days) | 1,754,941 |
Short Selling Information
The latest short interest is 6.60 million, so 2.41% of the outstanding shares have been sold short.
| Short Interest | 6.60M |
| Short Previous Month | 5.56M |
| Short % of Shares Out | 2.41% |
| Short % of Float | 2.42% |
| Short Ratio (days to cover) | 3.54 |
Income Statement
In the last 12 months, WTRG had revenue of $2.05 billion and earned $498.23 million in profits. Earnings per share was $1.86.
| Revenue | 2.05B |
| Gross Profit | 1.04B |
| Operating Income | 692.10M |
| Pretax Income | 431.78M |
| Net Income | 498.23M |
| EBITDA | 1.06B |
| EBIT | 715.14M |
| Earnings Per Share (EPS) | $1.86 |
Balance Sheet
The company has $4.61 million in cash and $7.10 billion in debt, giving a net cash position of -$7.10 billion or -$25.95 per share.
| Cash & Cash Equivalents | 4.61M |
| Total Debt | 7.10B |
| Net Cash | -7.10B |
| Net Cash Per Share | -$25.95 |
| Equity / Book Value | 5.90B |
| Book Value Per Share | 21.56 |
| Working Capital | -305.95M |
Cash Flow
In the last 12 months, operating cash flow was $933.59 million and capital expenditures -$1.20 billion, giving a free cash flow of -$269.06 million.
| Operating Cash Flow | 933.59M |
| Capital Expenditures | -1.20B |
| Free Cash Flow | -269.06M |
| FCF Per Share | -$1.01 |
Margins
Gross margin is 50.43%, with operating and profit margins of 33.70% and 24.26%.
| Gross Margin | 50.43% |
| Operating Margin | 33.70% |
| Pretax Margin | 21.02% |
| Profit Margin | 24.26% |
| EBITDA Margin | 51.55% |
| EBIT Margin | 34.82% |
| FCF Margin | -13.10% |
Dividends & Yields
This stock pays an annual dividend of $1.23, which amounts to a dividend yield of 3.36%.
| Dividend Per Share | $1.23 |
| Dividend Yield | 3.36% |
| Dividend Growth (YoY) | 7.00% |
| Years of Dividend Growth | 19 |
| Payout Ratio | 66.04% |
| Buyback Yield | -1.82% |
| Shareholder Yield | 1.54% |
| Earnings Yield | 4.98% |
| FCF Yield | -2.69% |
Analyst Forecast
The average price target for WTRG is $44.75, which is 22.34% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $44.75 |
| Price Target Difference | 22.34% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 9.79% |
| EPS Growth Forecast (5Y) | 8.24% |
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 0.93 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.93 |
| Piotroski F-Score | 5 |