Essential Utilities, Inc.
WTRGFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
2,086
Cost of Revenue
864
Gross Profit
1,222
Gross Margin
58.6%
Operating Income
758
Operating Margin
36.3%
Net Income
595
Net Margin
28.5%
EPS (Basic)
$2.17
EPS (Diluted)
$2.17
EBITDA
1,245
EBITDA Margin
59.7%
2023
12/31/2023
Revenue
2,054
Cost of Revenue
928
Gross Profit
1,126
Gross Margin
54.8%
Operating Income
692
Operating Margin
33.7%
Net Income
498
Net Margin
24.3%
EPS (Basic)
$1.86
EPS (Diluted)
$1.86
EBITDA
1,059
EBITDA Margin
51.6%
2022
12/31/2022
Revenue
2,288
Cost of Revenue
1,216
Gross Profit
1,072
Gross Margin
46.9%
Operating Income
661
Operating Margin
28.9%
Net Income
465
Net Margin
20.3%
EPS (Basic)
$1.77
EPS (Diluted)
$1.77
EBITDA
1,010
EBITDA Margin
44.2%
2021
12/31/2021
Revenue
1,878
Cost of Revenue
891
Gross Profit
987
Gross Margin
52.6%
Operating Income
603
Operating Margin
32.1%
Net Income
432
Net Margin
23.0%
EPS (Basic)
$1.68
EPS (Diluted)
$1.67
EBITDA
928
EBITDA Margin
49.4%
2020
12/31/2020
Revenue
1,463
Cost of Revenue
694
Gross Profit
768
Gross Margin
52.5%
Operating Income
435
Operating Margin
29.7%
Net Income
285
Net Margin
19.5%
EPS (Basic)
$1.14
EPS (Diluted)
$1.12
EBITDA
710
EBITDA Margin
48.6%