Essential Utilities
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Essential Utilities's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 10% to $2,053,824,000. The net income raised on $498,226,000 and profit margin reached 24%. Total operating expenses were $433,903,000.
Profit Margin
| 2014 | 779.90M | 233.23M | 29.91% |
|---|---|---|---|
| 2015 | 814.20M | 201.79M | 24.78% |
| 2016 | 819.87M | 234.18M | 28.56% |
| 2017 | 809.52M | 239.73M | 29.61% |
| 2018 | 838.09M | 191.98M | 22.91% |
| 2019 | 889.69M | 224.54M | 25.24% |
| 2020 | 1.46B | 284.84M | 19.47% |
| 2021 | 1.87B | 431.61M | 22.98% |
| 2022 | 2.28B | 465.23M | 20.33% |
| 2023 | 2.05B | 498.22M | 24.26% |
WTRG Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.05B | 2.28B | 1.87B | 1.46B | 889.69M | 838.09M | 809.52M | 819.87M | 814.20M | 779.90M |
Cost of revenue | 927.82M | 1.21B | 890.84M | 694.35M | 333.10M | 308.47M | 287.20M | 304.89M | 309.31M | 288.55M |
Gross profit | 1.12B | 1.07B | 987.30M | 768.34M | 556.59M | 529.61M | 522.31M | 514.97M | 504.89M | 491.34M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 433.90M | 387.53M | 384.59M | 333.65M | 216.43M | 206.43M | 193.35M | 189.39M | 183.79M | 176.98M |
Operating income | 692.09M | 661.18M | 602.70M | 434.68M | 340.15M | 323.17M | 328.96M | 325.58M | 321.1M | 314.35M |
Other income (expenses), net | -260.31M | -210.27M | -180.70M | -169.71M | -128.63M | -45.95M | -77.26M | 10.16M | -104.34M | -75.25M |
Income before tax | 431.78M | 450.90M | 422M | 264.97M | 211.52M | 178.31M | 256.65M | 255.16M | 216.75M | 239.10M |
Income tax expense | -66.44M | -14.32M | -9.61M | -19.87M | -13.01M | -13.66M | 16.91M | 20.97M | 14.96M | 25.21M |
Net income | 498.22M | 465.23M | 431.61M | 284.84M | 224.54M | 191.98M | 239.73M | 234.18M | 201.79M | 233.23M |
Earnings per share | ||||||||||
Basic EPS | 1.86 | 1.77 | 1.68 | 1.14 | 1.04 | 1.08 | 1.35 | 1.32 | 1.14 | 1.32 |
Diluted EPS | 1.86 | 1.77 | 1.67 | 1.12 | 1.04 | 1.08 | 1.35 | 1.32 | 1.14 | 1.31 |
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