WTRG Q2 2022 Earnings — Essential Utilities, Inc. Revenue & Financial Results | Market Cap Arena

WTRGEssential Utilities, Inc.

$11B

Q2 2022 Earnings

Utilities Regulated Water

Income Statement

Revenue

$449M+13.0% YoY

Gross Profit

$239M53.2% margin

Operating Income

$138M30.7% margin

Net Income

$82M18.3% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

-35.8%

Cash Flow

Operating Cash Flow

$106M

Free Cash Flow

-$136M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$15.0B

Total Liabilities

$9.7B

Stockholders' Equity

$5.3B

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$449M	$397M	+13.0%
Gross Profit	$239M	$225M	+6.2%
Operating Income	$138M	$129M	+6.5%
Net Income	$82M	$81M	+1.7%

Revenue Segments

Water

$224M51%

Natural Gas

$168M39%

Wastewater

$42M10%

Other

$3M1%