WTRG Q2 2023 Earnings — Essential Utilities, Inc. Revenue & Financial Results | Market Cap Arena

WTRGEssential Utilities, Inc.

$11B

Q2 2023 Earnings

Utilities Regulated Water

Income Statement

Revenue

$437M-2.7% YoY

Gross Profit

$261M59.8% margin

Operating Income

$155M35.6% margin

Net Income

$91M20.9% margin

EPS (Diluted)

$0.34

QoQ Revenue Growth

-39.9%

Cash Flow

Operating Cash Flow

$220M

Free Cash Flow

-$84M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$16.1B

Total Liabilities

$10.5B

Stockholders' Equity

$5.6B

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$437M	$449M	-2.7%
Gross Profit	$261M	$239M	+9.5%
Operating Income	$155M	$138M	+12.7%
Net Income	$91M	$82M	+10.9%

Revenue Segments

Water

$244M57%

Natural Gas

$139M32%

Wastewater

$46M11%

Other

$3M1%