Essential Utilities Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 8.73
Dividend & Yield1.15$ (2.70%)
Beta 0.77
Market capitalization 11.23B
Operating cash flow 600.31M
ESG Scores 26.1

Company description

Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. The company operates through Regulated Water and Regulated Natural Gas segments. It offers water services through operating and maintenance contract with municipal authorities and other parties. The company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair services to households. It serves approximately 8.8 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, West Virginia, and Kentucky under the Aqua and Peoples brands. The company was formerly known as Aqua America, Inc. and changed its name to Essential Utilities, Inc. in February 2020. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.

Sector: Utilities - Industry: Utilities—Regulated Water

Financial Ratios
Quick Ratio0.49
Working Capital-1.82
Return On Equity0.08
Debt To Equity1.11
Fixed Asset Ratio0
Fixed Interest Cover2.96

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 5.11M -1.82M 5.19M 53.76M
Total Cashflows From Investing Activities -604.6M -4.33B -1.06B -1.18B
Net Borrowings 373.07M 1.45B 349.99M 780.04M
Total Cash From Financing Activities 2.13B 1.96B 417.12M 578.83M
Change To Operating Activities
Issuance Of Stock 1.99B 768.02M 320.71M 82.13M
Net Income 224.54M 284.85M 431.61M 465.24M
Change In Cash 1.87B -1.86B 5.74M 831k
Effect Of Exchange Rate
Total Cash From Operating Activities 338.52M 508.02M 644.68M 600.31M
Depreciation 156.48M 257.06M 297.95M 321.18M
Change To Account Receivables -4.33M -35.35M -109.61M -223.34M
Other Cashflows From Financing Activities -45.92M -19.45M 8.36M 6.48M
Change To Netincome -43.27M 3.28M 19.53M -16.53M
Capital Expenditures -550.27M -835.64M -1.02B -1.06B

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 211.53M 264.97M 422M 450.91M
Net Income 224.54M 284.85M 431.61M 465.24M
Selling General Administrative 5.81M 785k -7.69M -8.09M
Gross Profit 579.48M 793.74M 992M 1.07B
Ebit 357.24M 459.3M 615.1M 669.27M
Operating Income 357.24M 459.3M 615.1M 669.27M
Interest Expense -149.12M -188.44M -207.71M -238.12M
Income Tax Expense -13.02M -19.88M -9.61M -14.33M
Total Revenue 889.69M 1.46B 1.88B 2.29B
Cost Of Revenue 310.21M 668.96M 886.15M 1.22B
Total Other Income ExpenseNet -145.72M -194.33M -193.09M -218.37M
Net Income From Continuing Ops 224.54M 284.85M 431.61M 465.24M
Net Income Applicable To Common Shares 224.54M 284.85M 431.61M 465.24M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 5.48B 9.02B 9.47B 10.34B
Total Stockholder Equity 3.88B 4.68B 5.18B 5.38B
Other Current Liabilities 27.39M 57.04M 38.31M 148.74M
Total Assets 9.36B 13.71B 14.66B 15.72B
Common Stock 111.94M 124.28M 128.05M 133.49M
Other Current Assets 3.95M 5.08M 20.15M 30.44M
Retained Earnings 1.21B 1.26B 1.43B 1.53B
Treasury Stock -77.7M -81.33M -83.61M -83.69M
Cash 1.87B 4.83M 10.57M 11.4M
Total Current Liabilities 323.46M 603.87M 675.06M 1.02B
Other Stockholder Equity
Property, Plant, and Equipment 6.36B 9.57B 10.3B 11.17B
Total Current Assets 2.02B 380.22M 437.8M 658.16M
Net Tangible Assets 3.82B 2.35B 2.84B 3.03B
Net Receivables 107.62M 273.31M 260.92M 376.83M
Accounts Payable 74.92M 177.49M 192.93M 238.84M


Insider Transactions

Here are the insider transactions of stock shares related to Essential Utilities Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
RUBIN ROBERT AStock Award(Grant) at price 0.00 per share.D2023-02-24Officer2.79k
FRANKLIN CHRISTOPHER HStock Award(Grant) at price 0.00 per share.D2023-02-24Chief Executive Officer41.55k
ARNOLD COLLEEN FStock Award(Grant) at price 0.00 per share.D2023-02-24President3.87k
LUNING CHRISTOPHER PAULStock Award(Grant) at price 0.00 per share.D2023-02-24General Counsel8.36k
SCHULLER DANIEL J PH.D.Stock Award(Grant) at price 0.00 per share.D2023-02-24Officer11.96k
RHODES MATTHEWStock Award(Grant) at price 0.00 per share.D2023-02-24Officer9.34k
HUWAR MICHAELStock Award(Grant) at price 0.00 per share.D2023-02-24President5.21k
RUBIN ROBERT AStock Award(Grant) at price 0.00 per share.D2023-02-22Officer909
FRANKLIN CHRISTOPHER HStock Award(Grant) at price 0.00 per share.D2023-02-22Chief Executive Officer15.97k
ARNOLD COLLEEN FStock Award(Grant) at price 0.00 per share.D2023-02-22President1.73k
LUNING CHRISTOPHER PAULStock Award(Grant) at price 0.00 per share.D2023-02-22General Counsel3.03k
SCHULLER DANIEL J PH.D.Stock Award(Grant) at price 0.00 per share.D2023-02-22Officer4.21k
RHODES MATTHEWStock Award(Grant) at price 0.00 per share.D2023-02-22Officer3.47k
HUWAR MICHAELStock Award(Grant) at price 0.00 per share.D2023-02-22President1.64k
STEWART LEE CStock Award(Grant) at price 46.56 per share.D2022-12-20Director591
WOMACK CHRISTOPHER C.Stock Award(Grant) at price 46.56 per share.D2022-12-20Director591
CIESINSKI DAVID ALANStock Award(Grant) at price 46.56 per share.D2022-12-20Director591
RUFF ELLEN TStock Award(Grant) at price 46.56 per share.D2022-12-20Director591
AMATO ELIZABETH B.Stock Award(Grant) at price 46.56 per share.D2022-12-20Director591
HILFERTY DANIEL J IIIStock Award(Grant) at price 46.56 per share.D2022-12-20Director591
LEWIS WILBERT BRYANStock Award(Grant) at price 46.56 per share.D2022-12-20Director591
RUFF ELLEN TSale at price 47.96 per share.D2022-11-28Director8.56k
RUBIN ROBERT AStock Gift at price 45.82 - 46.98 per share.D2022-11-14Officer455
STEWART LEE CStock Award(Grant) at price 45.84 per share.D2022-09-20Director600
WOMACK CHRISTOPHER C.Stock Award(Grant) at price 45.84 per share.D2022-09-20Director600
CIESINSKI DAVID ALANStock Award(Grant) at price 45.84 per share.D2022-09-20Director600
RUFF ELLEN TStock Award(Grant) at price 45.84 per share.D2022-09-20Director600
AMATO ELIZABETH B.Stock Award(Grant) at price 45.84 per share.D2022-09-20Director600
HILFERTY DANIEL J IIIStock Award(Grant) at price 45.84 per share.D2022-09-20Director600
STEWART LEE CStock Award(Grant) at price 41.92 per share.D2022-06-21Director656
WOMACK CHRISTOPHER C.Stock Award(Grant) at price 41.92 per share.D2022-06-21Director656
CIESINSKI DAVID ALANStock Award(Grant) at price 41.92 per share.D2022-06-21Director656
RUFF ELLEN TStock Award(Grant) at price 41.92 per share.D2022-06-21Director656
AMATO ELIZABETH B.Stock Award(Grant) at price 41.92 per share.D2022-06-21Director656
HILFERTY DANIEL J IIIStock Award(Grant) at price 41.92 per share.D2022-06-21Director656
STEWART LEE CStock Award(Grant) at price 51.66 per share.D2022-03-31Director532
WOMACK CHRISTOPHER C.Stock Award(Grant) at price 51.66 per share.D2022-03-31Director532
CIESINSKI DAVID ALANStock Award(Grant) at price 51.66 per share.D2022-03-31Director532
RUFF ELLEN TStock Award(Grant) at price 51.66 per share.D2022-03-31Director532
AMATO ELIZABETH B.Stock Award(Grant) at price 51.66 per share.D2022-03-31Director532
HILFERTY DANIEL J IIIStock Award(Grant) at price 51.66 per share.D2022-03-31Director532
IDEHEN FRANCIS OSARUMEStock Award(Grant) at price 51.66 per share.D2022-03-31Director532
RUBIN ROBERT AStock Award(Grant) at price 0.00 per share.D2022-02-16Officer798
FRANKLIN CHRISTOPHER HStock Award(Grant) at price 0.00 per share.D2022-02-16Chief Executive Officer14.16k
LUNING CHRISTOPHER PAULStock Award(Grant) at price 0.00 per share.D2022-02-16General Counsel2.76k
FOX RICHARD SCOTTStock Award(Grant) at price 0.00 per share.D2022-02-16Chief Operating Officer3.75k
SCHULLER DANIEL J PH.D.Stock Award(Grant) at price 0.00 per share.D2022-02-16Officer3.82k
RHODES MATTHEWStock Award(Grant) at price 0.00 per share.D2022-02-16Officer3.09k
STEWART LEE CStock Award(Grant) at price 53.65 per share.D2021-12-31Director466
WOMACK CHRISTOPHER C.Stock Award(Grant) at price 53.65 per share.D2021-12-31Director466
CIESINSKI DAVID ALANStock Award(Grant) at price 53.65 per share.D2021-12-31Director466

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Essential Utilities Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Essential Utilities Inc

Here is the result of two systematic investment strategies applied to Essential Utilities Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Essential Utilities Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Essential Utilities Inc:

Essential Utilities Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 15.33% on the backtest period.

Performance at glance

Performance

15.33 %

Latent gain

344.76 $

Invested capital

2249.59 $

Annualized return

3.7 %
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Momentum strategy results on Essential Utilities Inc

This is the result of two momentum investment strategies applied to Essential Utilities Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Essential Utilities Inc

The following chart shows all the entries opened by the momentum investment system on Essential Utilities Inc:

Essential Utilities Inc momentum entries
  • The first momentum investment strategy would give 20.47% of return on Essential Utilities Inc. That represents 1010.04$ of latent gain with 4933.38$ of employed capital.
  • The second momentum investment strategy would give 18.44% of return on Essential Utilities Inc. That represents 602.29$ of latent gain with 3265.65$ of employed capital.
Performance at glance (1Q Momentum)

Performance

20.47 %

Latent gain

1010.04 $

Invested capital

4933.38 $

Annualized return

4.37 %
Performance at glance (2Q Momentum)

Performance

18.44 %

Latent gain

602.29 $

Invested capital

3265.65 $

Annualized return

5.04 %

Momentum equity curve on Essential Utilities Inc

The following chart shows the equity curve of the two momentum strategies applied to Essential Utilities Inc:

Essential Utilities Inc momentum equity

Note: the dividends potentially given by Essential Utilities Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Essential Utilities Inc

The following chart shows the employed capital evolution of the two momentum strategies on Essential Utilities Inc since the beginning:

Essential Utilities Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Essential Utilities Inc

Buy the dip entry openings on Essential Utilities Inc

Essential Utilities Inc

The performance achieved by the robo-advisor on Essential Utilities Inc is 9.35%. That represents 72.6$ of latent gain with 776.46$ of employed capital. The following chart shows Essential Utilities Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Essential Utilities Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

9.35 %

Latent gain

72.6 $

Invested capital

776.46 $

Annualized return

4.37 %

Equity curve of the strategy applied to Essential Utilities Inc

The following chart shows the result of the investment strategy applied to Essential Utilities Inc:

Essential Utilities Inc

Note: the dividends potentially given by Essential Utilities Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Essential Utilities Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Essential Utilities Inc:

Essential Utilities Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Essential Utilities Inc

In this section, I will compare the three previous investment strategies applied to Essential Utilities Inc.

Equity curve comparison on Essential Utilities Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Essential Utilities Inc investment strategy comparison

Employed capital comparison on Essential Utilities Inc

Essential Utilities Inc investment comparison

Performance comparison on Essential Utilities Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 15.33% 344.76$ 2249.59$ 3.7%
Momentum 1 quarter 20.47% 1010.04$ 4933.38$ 5.25%
Momentum 2 quarters 18.44% 602.29$ 3265.65$ 5.04%
Non-directional 9.35% 72.6$ 776.46$ 4.37%
Annualized return comparison

Automatic investment

3.7 %

Momentum 1Q

5.04 %

Momentum 2Q

5.04 %

Non-directional

4.37 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Essential Utilities Inc:


Company information

Company name Essential Utilities Inc
Country United States
City Bryn Mawr
Address 762 West Lancaster Avenue
Phone 610 527 8000
Website www.essential.co
FullTime employees 3187
Industry Utilities—Regulated Water
Sector Utilities
Exchange XNYS
Ticker WTRG
Market www.nyse.com

Essential Utilities Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 8.9
Peer Environment Performance 12.562209302326
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 11.1
Peer Social Performance 10.06976744186
Social Percentile unknown
Highest Controversy 0
Peer Highest Controversy Performance 1.6373626373626
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 6.2
Peer Governance Performance 6.3879069767442
Governance Percentile unknown

ESG at glance
Total ESG Scores: 26.1
Environment Score: 8.9
Social Score: 11.1
Governance Score: 6.2

ESG Performance: AVG_PERF

Peer Group: Utilities

Peer Esg Score Performance: 29.322527472527

Rating Year: 2023

Rating Month: 1

Max Age: 86400

Percentile: 50