WTRG Q1 2022 Earnings — Essential Utilities, Inc. Revenue & Financial Results | Market Cap Arena

WTRGEssential Utilities, Inc.

$11B

Q1 2022 Earnings

Utilities Regulated Water

Income Statement

Revenue

$699M+19.8% YoY

Gross Profit

$329M47.0% margin

Operating Income

$228M32.6% margin

Net Income

$199M28.5% margin

EPS (Diluted)

$0.76

QoQ Revenue Growth

+30.5%

Cash Flow

Operating Cash Flow

$311M

Free Cash Flow

$127M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$14.9B

Total Liabilities

$9.6B

Stockholders' Equity

$5.3B

Cash & Equivalents

$58M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$699M	$584M	+19.8%
Gross Profit	$329M	$326M	+0.8%
Operating Income	$228M	$232M	-2.0%
Net Income	$199M	$184M	+8.5%

Revenue Segments

Natural Gas

$446M65%

Water

$200M29%

Wastewater

$35M5%

Other

$3M0%