WTRG Q4 2023 Earnings — Essential Utilities, Inc. Revenue & Financial Results | Market Cap Arena

WTRGEssential Utilities, Inc.

$11B

Q4 2023 Earnings

Utilities Regulated Water

Income Statement

Revenue

$479M-32.0% YoY

Gross Profit

$285M59.4% margin

Operating Income

$174M36.3% margin

Net Income

$135M28.3% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

+16.6%

Cash Flow

Operating Cash Flow

$129M

Free Cash Flow

-$196M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$16.8B

Total Liabilities

$10.9B

Stockholders' Equity

$5.9B

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$479M	$705M	-32.0%
Gross Profit	$285M	$274M	+4.2%
Operating Income	$174M	$170M	+2.4%
Net Income	$135M	$115M	+17.9%

Revenue Segments

Water

$231M49%

Natural Gas

$188M40%

Wastewater

$47M10%

Other

$3M1%