WTRG Q3 2023 Earnings — Essential Utilities, Inc. Revenue & Financial Results | Market Cap Arena

WTRGEssential Utilities, Inc.

$11B

Q3 2023 Earnings

Utilities Regulated Water

Income Statement

Revenue

$411M-5.4% YoY

Gross Profit

$248M60.2% margin

Operating Income

$137M33.4% margin

Net Income

$80M19.5% margin

EPS (Diluted)

$0.30

QoQ Revenue Growth

-5.8%

Cash Flow

Operating Cash Flow

$183M

Free Cash Flow

-$144M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$16.4B

Total Liabilities

$10.5B

Stockholders' Equity

$5.9B

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$411M	$435M	-5.4%
Gross Profit	$248M	$231M	+7.1%
Operating Income	$137M	$126M	+9.2%
Net Income	$80M	$69M	+16.7%

Revenue Segments

Water

$258M64%

Natural Gas

$95M23%

Wastewater

$49M12%

Other

$3M1%