WTRG Q4 2022 Earnings — Essential Utilities, Inc. Revenue & Financial Results | Market Cap Arena

WTRGEssential Utilities, Inc.

$11B

Q4 2022 Earnings

Utilities Regulated Water

Income Statement

Revenue

$705M+31.7% YoY

Gross Profit

$274M38.8% margin

Operating Income

$170M24.1% margin

Net Income

$115M16.3% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

+62.3%

Cash Flow

Operating Cash Flow

$81M

Free Cash Flow

-$262M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$15.7B

Total Liabilities

$10.3B

Stockholders' Equity

$5.4B

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$705M	$536M	+31.7%
Gross Profit	$274M	$239M	+14.3%
Operating Income	$170M	$140M	+21.8%
Net Income	$115M	$117M	-1.4%

Revenue Segments

Natural Gas

$409M60%

Water

$225M33%

Wastewater

$44M6%

Other

$3M0%