WTRG Q2 2020 Earnings — Essential Utilities, Inc. Revenue & Financial Results | Market Cap Arena

WTRGEssential Utilities, Inc.

$11B

Q2 2020 Earnings

Utilities Regulated Water

Income Statement

Revenue

$384M+75.6% YoY

Gross Profit

$212M55.3% margin

Operating Income

$123M32.0% margin

Net Income

$75M19.4% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

+50.4%

Cash Flow

Operating Cash Flow

$150M

Free Cash Flow

-$25M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$13.0B

Total Liabilities

$8.4B

Stockholders' Equity

$4.6B

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$384M	$219M	+75.6%
Gross Profit	$212M	$132M	+60.4%
Operating Income	$123M	$81M	+52.1%
Net Income	$75M	$55M	+35.9%

Revenue Segments

Water

$201M52%

Natural Gas

$146M38%

Wastewater

$30M8%

Other

$6M2%