WTRG Q2 2024 Earnings — Essential Utilities, Inc. Revenue & Financial Results | Market Cap Arena

WTRGEssential Utilities, Inc.

$11B

Q2 2024 Earnings

Utilities Regulated Water

Income Statement

Revenue

$434M-0.5% YoY

Gross Profit

$258M59.4% margin

Operating Income

$145M33.4% margin

Net Income

$75M17.4% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

-29.0%

Cash Flow

Operating Cash Flow

$186M

Free Cash Flow

-$110M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$17.3B

Total Liabilities

$11.1B

Stockholders' Equity

$6.2B

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$434M	$437M	-0.5%
Gross Profit	$258M	$261M	-1.2%
Operating Income	$145M	$155M	-6.4%
Net Income	$75M	$91M	-17.4%

Revenue Segments

Water

$252M58%

Natural Gas

$128M30%

Wastewater

$48M11%

Other

$7M2%

Geographic Segments

Water

$302M100%