- US-listed companies
- Essential Utilities, Inc.
Essential Utilities, Inc.WTRG
Market cap
$10.6B
P/E ratio
Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | |
Property, plant and equipment, at cost | 4,490 | 4,648 | 5,050 | 5,388 | 5,707 | 6,088 | 6,509 | 7,004 | 7,648 | 8,202 | 11,620 | 12,610 | 13,737 | 14,977 |
Less: accumulated depreciation | 1,020 | 1,035 | 1,114 | 1,221 | 1,305 | 1,399 | 1,508 | 1,604 | 1,718 | 1,856 | 2,107 | 2,359 | 2,606 | 2,880 |
Net property, plant and equipment | 3,469 | 3,613 | 3,936 | 4,167 | 4,402 | 4,689 | 5,002 | 5,400 | 5,930 | 6,346 | 9,513 | 10,252 | 11,131 | 12,097 |
Cash and cash equivalents | - | - | - | - | - | - | - | - | - | 1,869 | 5 | 11 | 11 | 5 |
Cash and cash equivalents | 6 | 8 | 6 | 5 | 4 | 3 | 4 | 4 | 4 | - | - | - | - | 5 |
Accounts receivable, net | 86 | 81 | 93 | 95 | 97 | 99 | 97 | 99 | 101 | 67 | 155 | 141 | 206 | 144 |
Unbilled revenues | - | - | - | - | - | - | - | - | - | 40 | 119 | 120 | 171 | 101 |
Inventory - materials and supplies | - | - | - | - | - | - | - | - | - | - | 22 | 34 | 47 | 47 |
Inventory - gas stored | - | - | - | - | - | - | - | - | - | - | 37 | 76 | 153 | 65 |
Current assets held for sale | - | 172 | 86 | 1 | - | 2 | 2 | 2 | 3 | 2 | - | - | 11 | - |
Prepayments and other current assets | - | - | - | - | - | 12 | 13 | 13 | 23 | 16 | 39 | 37 | 40 | 100 |
Regulatory assets | - | - | - | - | - | - | - | - | - | - | 5 | 20 | 19 | 29 |
Total current assets | 145 | 320 | 261 | 172 | 153 | 128 | 129 | 131 | 147 | 2,013 | 380 | 438 | 658 | 492 |
Regulatory assets | 217 | 242 | 521 | 586 | 726 | 830 | 949 | 714 | 788 | 878 | 1,363 | 1,430 | 1,343 | 1,767 |
Deferred Costs and Other Assets | - | - | 50 | 50 | 52 | 52 | 31 | 38 | 39 | 43 | 56 | 142 | 167 | 102 |
Funds restricted for construction activity | - | - | 24 | 0 | 0 | - | - | - | - | - | 1 | 1 | 1 | 1 |
Goodwill | 40 | - | 28 | 28 | 31 | 34 | 42 | 42 | 53 | 64 | 2,325 | 2,341 | 2,341 | 2,341 |
Non-current assets held for sale | - | - | - | - | - | - | - | - | - | - | - | - | 32 | - |
Operating lease right-of-use assets | - | - | - | - | - | - | - | - | - | - | 60 | 49 | 42 | - |
Operating lease right-of-use assets | - | - | - | - | - | - | - | - | - | 13 | - | - | - | 37 |
Intangible assets | - | - | - | - | - | - | - | - | - | - | 7 | 6 | 5 | 4 |
Total assets | 4,072 | 4,348 | 4,859 | 5,052 | 5,407 | 5,741 | 6,159 | 6,332 | 6,964 | 9,362 | 13,705 | 14,658 | 15,719 | 16,841 |
Common stock at $.50 par value, authorized 300,000,000 shares ,issued 142,225,713 and 140,943,621 in 2013 and 2012 | 69 | 70 | 70 | 89 | 89 | 90 | 90 | 90 | 91 | 112 | 124 | 128 | 133 | 138 |
Capital in excess of par value | 664 | 686 | 718 | 743 | 758 | 774 | 798 | 807 | 820 | 2,637 | 3,379 | 3,706 | 3,793 | 4,138 |
Retained earnings | 452 | 508 | 611 | 729 | 850 | 930 | 1,033 | 1,133 | 1,174 | 1,210 | 1,262 | 1,434 | 1,534 | 1,707 |
Treasury stock, at cost, 3,299,191 and 3,236,237 shares as of December 31, 2023 and December 31, 2022 | 12 | 13 | 15 | 27 | 43 | 68 | 71 | 73 | 76 | 78 | 81 | 84 | 84 | 86 |
Total stockholders' equity | 1,175 | 1,252 | 1,386 | 1,535 | 1,655 | 1,726 | 1,850 | 1,958 | 2,009 | 3,881 | 4,684 | 5,184 | 5,377 | 5,896 |
Long-term debt, excluding current portion | - | - | - | - | - | - | - | - | - | 2,972 | 5,546 | 5,815 | 6,418 | 6,871 |
Less: debt issuance costs | - | - | - | - | - | - | 22 | 22 | 21 | 29 | 38 | 36 | 47 | 45 |
Long-term debt, excluding current portion, net of debt issuance costs | 1,532 | 1,395 | 1,544 | 1,469 | 1,561 | 1,744 | 1,738 | 2,008 | 2,398 | 2,943 | 5,508 | 5,780 | 6,371 | 6,826 |
Current portion of long-term debt | 28 | 80 | 45 | 86 | 59 | 36 | 151 | 114 | 145 | 105 | 84 | 132 | 199 | 67 |
Loans payable | - | - | - | - | - | - | - | - | - | 26 | 78 | 65 | 229 | 160 |
Accounts payable | 45 | 68 | 56 | 66 | 63 | 56 | 60 | 59 | 77 | 75 | 177 | 193 | 239 | 221 |
Book overdraft | - | - | - | - | - | - | - | 22 | 9 | 11 | 44 | 82 | 29 | 13 |
Accrued interest | 16 | 15 | 14 | 14 | 12 | 13 | 18 | 21 | 23 | 30 | 39 | 41 | 47 | 53 |
Accrued taxes | 16 | 16 | 28 | 15 | 31 | 22 | 26 | 24 | 22 | 23 | 37 | 38 | 34 | 41 |
Liabilities related to assets held for sale | - | 115 | 24 | 15 | - | - | - | - | - | - | - | - | 3 | - |
Regulatory liabilities | - | - | - | - | - | - | - | - | - | - | 20 | 0 | 35 | 31 |
Dividends payable | - | - | - | - | - | - | - | - | - | - | - | - | 76 | 84 |
Other accrued liabilities | 28 | 24 | 27 | 34 | 41 | 50 | 40 | 41 | 47 | 50 | 123 | 124 | 131 | 127 |
Total current liabilities | 224 | 426 | 274 | 267 | 225 | 193 | 302 | 284 | 399 | 319 | 604 | 675 | 1,022 | 798 |
Deferred income taxes and investment tax credits | - | - | - | - | - | - | - | - | - | 936 | 1,258 | 1,407 | 1,346 | 1,628 |
Customers' advances for construction | - | - | - | - | - | - | - | - | 93 | 96 | 99 | 104 | 115 | 129 |
Regulatory liabilities | 36 | 41 | 241 | 281 | 278 | 260 | 251 | 542 | 531 | 518 | 773 | 770 | 779 | 821 |
Asset retirement obligations | - | - | - | - | - | - | - | - | - | - | 1 | 1 | 1 | 1 |
Operating lease liabilities | - | - | - | - | - | - | - | - | - | 12 | 56 | 48 | 38 | 34 |
Non-current liabilities related to assets held for sale | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - |
Postemployment Benefits Liability, Noncurrent | - | - | - | - | - | - | - | - | - | - | 92 | 50 | 31 | 39 |
Other | 116 | 122 | 158 | 82 | 110 | 100 | 116 | 107 | 97 | 102 | 57 | 44 | 29 | 24 |
Total deferred credits and other liabilities | - | - | - | - | - | - | - | - | - | 1,663 | 2,336 | 2,423 | 2,339 | - |
Total deferred credits and other liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,676 |
Contributions in aid of construction | 444 | 444 | 460 | 477 | 498 | 512 | 542 | 571 | 591 | 556 | 574 | 596 | 610 | 645 |
Total liabilities and equity | 4,072 | 4,348 | 4,859 | 5,052 | 5,407 | 5,741 | 6,159 | 6,332 | 6,964 | 9,362 | 13,705 | 14,658 | 15,719 | 16,841 |