WTRG FY 2023 Earnings — Essential Utilities, Inc. Revenue & Financial Results | Market Cap Arena

WTRGEssential Utilities, Inc.

$11B

FY 2023 Earnings

Utilities Regulated Water

Income Statement

Revenue

$2.1B-10.2% YoY

Gross Profit

$1.1B54.8% margin

Operating Income

$692M33.7% margin

Net Income

$498M24.3% margin

EPS (Diluted)

$1.86

Cash Flow

Operating Cash Flow

$934M

Free Cash Flow

-$266M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$16.8B

Total Liabilities

$10.9B

Stockholders' Equity

$5.9B

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.3B	-10.2%
Gross Profit	$1.1B	$1.1B	+5.0%
Operating Income	$692M	$661M	+4.7%
Net Income	$498M	$465M	+7.1%