Essential Utilities, Inc. (WTRG) stock
Close on Oct 30, 2026Market cap $12.35BP/E 22.2Yield 3.07%
Earnings
Essential Utilities's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Essential Utilities's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q3 FY2026ended Sep 30, 2026 | Nov 4, 2026Expected | – | – | – | – | – |
| Q2 FY2026ended Jun 30, 2026 | Aug 5, 2026during market hours | $530.90M | +3.1% | – | – | Release |
| Q1 FY2026ended Mar 31, 2026 | May 7, 2026during market hours | $861.80M | +10.0% | $0.79 | $0.83 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 26, 2026during market hours | $699.10M | +15.7% | $0.47 | – | Release |
| Q3 FY2025ended Sep 30, 2025 | Nov 5, 2025during market hours | $477.00M | +9.6% | $0.33 | – | Release |
| Q2 FY2025ended Jun 30, 2025 | Aug 1, 2025during market hours | $514.90M | +18.5% | $0.38 | – | Release |
| Q1 FY2025ended Mar 31, 2025 | May 12, 2025during market hours | $783.60M | +28.0% | $1.03 | – | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 27, 2025during market hours | $604.40M | +26.1% | $0.67 | $1.97 | Release |
| Q3 FY2024ended Sep 30, 2024 | Nov 5, 2024during market hours | $435.30M | +5.8% | $0.25 | – | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 6, 2024during market hours | $434.40M | -0.5% | $0.28 | – | Release |
| Q1 FY2024ended Mar 31, 2024 | May 3, 2024during market hours | $612.10M | -15.7% | $0.97 | – | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 23, 2024during market hours | $479.40M | -32.0% | $0.50 | – | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 7, 2023during market hours | $411.30M | -5.4% | $0.30 | – | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 8, 2023during market hours | $436.70M | -2.7% | $0.34 | – | Release |
| Q1 FY2023ended Mar 31, 2023 | May 9, 2023during market hours | $726.50M | +3.9% | $0.72 | – | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 27, 2023during market hours | $705.40M | +31.7% | $0.44 | – | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 7, 2022during market hours | $434.60M | +20.1% | $0.26 | – | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 4, 2022during market hours | $448.80M | – | $0.31 | – | Release |
| Q1 FY2022ended Mar 31, 2022 | May 9, 2022during market hours | $699.30M | – | $0.76 | – | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 24, 2022during market hours | $535.70M | – | $0.44 | $0.44 | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 1, 2021during market hours | $361.90M | – | $0.19 | $0.19 | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 5, 2021during market hours | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | May 6, 2021during market hours | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Feb 25, 2021during market hours | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Nov 4, 2020during market hours | – | – | – | – | Filing |
| Q2 FY2020ended Jun 30, 2020 | Aug 6, 2020during market hours | – | – | – | – | Release |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Essential Utilities's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| regulated infrastructure investments | FY2026 | $1.70B | $1.70B | Reaffirmed | Aug 5, 2026 |
| compound annual growth rate in long-term earnings per sharenon-GAAP | FY2027 | +5% – +7% | +5% – +7% | Reaffirmed | Aug 5, 2026 |
| long-term earnings per sharenon-GAAP | FY2027 | +5% – +7% | +5% – +7% | Reaffirmed | Aug 1, 2025 |
| compounded annual EPS growth rate | FY2027 | +5% – +7% | – | New | Nov 5, 2024 |
| growth in long-term earnings per share at a compounded annual growth ratenon-GAAP | FY2027 | +5% – +7% | – | New | Feb 26, 2026 |
| long-term earnings per share at a compounded annual growth rate | FY2027 | +5% – +7% | – | New | Nov 5, 2025 |
| regulated infrastructure investments | FY2028 | $7.20B | $7.20B | Reaffirmed | Aug 6, 2024 |
| compounded annual growth rate | FY2028 | +8% | – | Reaffirmed | Aug 6, 2024 |
| regulated natural gas segment rate base | FY2028 | +10% | – | Raised | May 3, 2024 |
| regulated natural gas segment rate base compounded annual growth rate | FY2028 | +10% | – | Raised | Feb 23, 2024 |
| regulated utility rate base | FY2028 | +8% | – | Lowered | May 3, 2024 |
| regulated utility rate base compounded annual growth rate | FY2028 | +8% | – | Lowered | Feb 23, 2024 |
| regulated water segment rate base | FY2028 | +8% | – | Reaffirmed | May 3, 2024 |
| regulated water segment rate base compounded annual growth rate | FY2028 | +8% | – | New | Feb 23, 2024 |
| regulated infrastructure investments | FY2029 | $7.80B | – | New | Nov 5, 2025 |
| regulated infrastructure investments | FY2029 | $7.80B | $7.80B | Reaffirmed | Aug 1, 2025 |
| combined regulated utility rate base | FY2029 | +8% | +8% | Lowered | Aug 1, 2025 |
| combined regulated utility rate base compounded annual growth rate | FY2029 | +8% | – | Lowered | Nov 5, 2024 |
| combined regulated utility rate base is expected to grow at a compounded annual growth rate | FY2029 | +8% | – | Lowered | Nov 5, 2025 |
| regulated natural gas segment rate base | FY2029 | +11% | +11% | Raised | Aug 1, 2025 |
| regulated natural gas segment rate base compounded annual growth rate | FY2029 | +11% | – | Raised | Nov 5, 2024 |
| regulated natural gas segment rate base is expected to grow at a compounded annual growth rate | FY2029 | +11% | – | Raised | Nov 5, 2025 |
| regulated water segment rate base | FY2029 | +6% | +6% | Lowered | Aug 1, 2025 |
| regulated water segment rate base compounded annual growth rate | FY2029 | +6% | – | New | Nov 5, 2024 |
| regulated water segment rate base is expected to grow at a compounded annual growth rate | FY2029 | +6% | – | New | Nov 5, 2025 |
| Reduction of Scope 1 and Scope 2 greenhouse gas emissions | FY2035 | 60% | 60% | Reaffirmed | Nov 5, 2024 |
| Scope 1 and Scope 2 greenhouse gas emissions | FY2035 | 60% | 60% | Reaffirmed | Aug 1, 2025 |
Guidance vs results
The last range Essential Utilities gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| FY2025 | EPS (GAAP) | $2.07 – $2.11 | $2.21Σ4Q | Above range |
Guidance history
Every forecast Essential Utilities put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Aug 5, 2026 | regulated infrastructure investments | FY2026 | $1.70B | Reaffirmed |
| Aug 5, 2026 | compound annual growth rate in long-term earnings per share | FY2027 | +5% – +7% | Reaffirmed |
| May 7, 2026 | regulated infrastructure investments | FY2026 | $1.70B | Reaffirmed |
| May 7, 2026 | growth in long-term earnings per share at a compound annual growth rate | FY2027 | +5% – +7% | New |
| Feb 26, 2026 | regulated infrastructure investments | FY2026 | $1.70B | New |
| Feb 26, 2026 | growth in long-term earnings per share at a compounded annual growth rate | FY2027 | +5% – +7% | New |
| Nov 5, 2025 | regulated infrastructure investments | FY2025 | $1.40B – $1.50B | New |
| Nov 5, 2025 | regulated infrastructure investments | FY2029 | $7.80B | New |
| Nov 5, 2025 | GAAP earnings per share | FY2025 | $2.07 – $2.11 | New |
| Nov 5, 2025 | raise a total of approximately $350 million in equity | FY2025 | $350.00M | New |
| Nov 5, 2025 | combined regulated utility rate base is expected to grow at a compounded annual growth rate | FY2029 | +8% | Lowered |
| Nov 5, 2025 | regulated water segment rate base is expected to grow at a compounded annual growth rate | FY2029 | +6% | New |
| Nov 5, 2025 | regulated natural gas segment rate base is expected to grow at a compounded annual growth rate | FY2029 | +11% | Raised |
| Nov 5, 2025 | regulated water customer base (or equivalent dwelling units) of the business is expected to grow at an average annual growth rate | long term | +2% – +3% | – |
| Nov 5, 2025 | long-term earnings per share at a compounded annual growth rate | FY2027 | +5% – +7% | New |
| Aug 1, 2025 | regulated infrastructure investments | FY2025 | $1.40B – $1.50B | Reaffirmed |
| Aug 1, 2025 | regulated infrastructure investments | FY2029 | $7.80B | Reaffirmed |
| Aug 1, 2025 | long-term earnings per share | FY2027 | +5% – +7% | Reaffirmed |
| Aug 1, 2025 | GAAP earnings per share | FY2025 | $2.07 – $2.11 | New |
| Aug 1, 2025 | equity via its ATM program | FY2025 | $315.00M | Reaffirmed |
| Aug 1, 2025 | regulated water customer base (or equivalent dwelling units) | over the long term | +2% – +3% | – |
| Aug 1, 2025 | regulated water segment rate base | FY2029 | +6% | Lowered |
| Aug 1, 2025 | regulated natural gas segment rate base | FY2029 | +11% | Raised |
| Aug 1, 2025 | combined regulated utility rate base | FY2029 | +8% | Lowered |
| Aug 1, 2025 | Scope 1 and Scope 2 greenhouse gas emissions | FY2035 | 60% | Reaffirmed |
| May 12, 2025 | regulated infrastructure investments | FY2025 | $1.40B – $1.50B | Reaffirmed |
| May 12, 2025 | regulated infrastructure investments | FY2029 | $7.80B | Reaffirmed |
| May 12, 2025 | long-term earnings per share at a compounded annual growth rate | FY2027 | +5% – +7% | Reaffirmed |
| May 12, 2025 | diluted earnings per share | FY2025 | $2.07 – $2.11 | Reaffirmed |
| May 12, 2025 | raise equity via its ATM program | FY2025 | $315.00M | Reaffirmed |
| Feb 27, 2025 | regulated infrastructure investments | FY2029 | $7.80B | Reaffirmed |
| Feb 27, 2025 | regulated infrastructure investments | FY2025 | $1.40B – $1.50B | Reaffirmed |
| Feb 27, 2025 | compounded annual growth rate | FY2027 | +5% – +7% | New |
| Feb 27, 2025 | diluted earnings per share | FY2025 | $2.07 – $2.11 | New |
| Feb 27, 2025 | regulated water segment rate base | FY2029 | +6% | Lowered |
| Feb 27, 2025 | regulated natural gas segment rate base | FY2029 | +11% | Raised |
| Feb 27, 2025 | combined regulated utility rate base | FY2029 | +8% | Lowered |
| Feb 27, 2025 | regulated water customer base (or equivalent dwelling units) | over the long term | +2% – +3% | – |
| Feb 27, 2025 | Scope 1 and Scope 2 greenhouse gas emissions | FY2035 | 60% | Reaffirmed |
| Feb 27, 2025 | equity | FY2025 | $315.00M | Lowered |
| Nov 5, 2024 | regulated infrastructure investments | FY2024 | $1.30B – $1.40B | Reaffirmed |
| Nov 5, 2024 | regulated infrastructure investments | FY2025 | $1.40B – $1.50B | Raised |
| Nov 5, 2024 | regulated infrastructure investments | FY2029 | $7.80B | New |
| Nov 5, 2024 | net income per diluted common share | FY2024 | $1.96 – $2.00 | New |
| Nov 5, 2024 | net income per diluted common share | FY2025 | $2.07 – $2.11 | New |
| Nov 5, 2024 | combined regulated utility rate base compounded annual growth rate | FY2029 | +8% | Lowered |
| Nov 5, 2024 | Reduction of Scope 1 and Scope 2 greenhouse gas emissions | FY2035 | 60% | Reaffirmed |
| Nov 5, 2024 | compounded annual EPS growth rate | FY2027 | +5% – +7% | New |
| Nov 5, 2024 | regulated water customer base average annual growth rate | over the long term | +2% – +3% | – |
| Nov 5, 2024 | equity via its multi-year ATM program | FY2025 | $350.00M | New |
| Nov 5, 2024 | regulated water segment rate base compounded annual growth rate | FY2029 | +6% | New |
| Nov 5, 2024 | regulated natural gas segment rate base compounded annual growth rate | FY2029 | +11% | Raised |
| Aug 6, 2024 | regulated infrastructure investments | FY2024 | $1.30B – $1.40B | Reaffirmed |
| Aug 6, 2024 | regulated infrastructure investments | FY2028 | $7.20B | Reaffirmed |
| Aug 6, 2024 | net income per diluted common share | FY2024 | $1.96 – $2.00 | Reaffirmed |
| Aug 6, 2024 | average annual growth rate | average annual | +2% – +3% | – |
| Aug 6, 2024 | equity is expected to be raised | FY2024 | $250.00M | Reaffirmed |
| Aug 6, 2024 | compounded annual growth rate | FY2028 | +8% | Reaffirmed |
| Aug 6, 2024 | compounded annual growth rate | FY2028 | +10% | Raised |
| Aug 6, 2024 | Reduction of Scope 1 and Scope 2 greenhouse gas emissions | FY2035 | 60% | Reaffirmed |
| May 3, 2024 | regulated infrastructure investments | FY2024 | $1.30B – $1.40B | Reaffirmed |
| May 3, 2024 | regulated infrastructure investments | FY2028 | $7.20B | Reaffirmed |
| May 3, 2024 | net income per diluted common share | FY2024 | $1.96 – $2.00 | Reaffirmed |
| May 3, 2024 | equity | FY2024 | $250.00M | Reaffirmed |
| May 3, 2024 | regulated water segment rate base | FY2028 | +8% | Reaffirmed |
| May 3, 2024 | regulated natural gas segment rate base | FY2028 | +10% | Raised |
| May 3, 2024 | regulated utility rate base | FY2028 | +8% | Lowered |
| May 3, 2024 | Scope 1 and Scope 2 greenhouse gas emissions | FY2035 | 60% | Reaffirmed |
| May 3, 2024 | regulated water customer base (or equivalent dwelling units) | average annual | +2% – +3% | – |
| Feb 23, 2024 | regulated infrastructure investments | FY2024 | $1.30B – $1.40B | Raised |
| Feb 23, 2024 | regulated infrastructure investments | FY2028 | $7.20B | New |
| Feb 23, 2024 | net income per diluted common share | FY2024 | $1.96 – $2.00 | New |
| Feb 23, 2024 | equity raised | FY2024 | $250.00M | New |
| Feb 23, 2024 | regulated water segment rate base compounded annual growth rate | FY2028 | +8% | New |
| Feb 23, 2024 | regulated natural gas segment rate base compounded annual growth rate | FY2028 | +10% | Raised |
| Feb 23, 2024 | regulated utility rate base compounded annual growth rate | FY2028 | +8% | Lowered |
| Feb 23, 2024 | Reduction of Scope 1 and Scope 2 greenhouse gas emissions | FY2035 | 60% | Reaffirmed |
| Feb 23, 2024 | regulated water customer base average annual growth rate | average annual | +2% – +3% | – |
| Nov 7, 2023 | regulated infrastructure investments | FY2025 | $1.10B | Reaffirmed |
| Nov 7, 2023 | net income per diluted common share | FY2023 | $1.85 – $1.90 | Reaffirmed |
| Nov 7, 2023 | earnings per share | FY2025 | +5% – +7% | Reaffirmed |
| Nov 7, 2023 | regulated water segment rate base | FY2025 | +6% – +7% | Lowered |
| Nov 7, 2023 | regulated natural gas segment rate base | FY2025 | +8% – +10% | Raised |
| Nov 7, 2023 | regulated water customer base (or equivalent dwelling units) | average annual | +2% – +3% | – |
| Aug 8, 2023 | regulated infrastructure investments | FY2025 | $1.10B | Reaffirmed |
| Aug 8, 2023 | net income per diluted common share | FY2023 | $1.85 – $1.90 | Reaffirmed |
| Aug 8, 2023 | earnings per share | FY2025 | +5% – +7% | New |
| Aug 8, 2023 | regulated water segment rate base | FY2025 | +6% – +7% | Lowered |
| Aug 8, 2023 | regulated natural gas segment rate base | FY2025 | +8% – +10% | Raised |
| Aug 8, 2023 | regulated water customer base (or equivalent dwelling units) | average annual | +2% – +3% | – |
| May 9, 2023 | regulated infrastructure investments | FY2025 | $1.10B | Reaffirmed |
| May 9, 2023 | net income per diluted common share | FY2023 | $1.85 – $1.90 | Reaffirmed |
| May 9, 2023 | earnings per share | FY2025 | +5% – +7% | Lowered |
| May 9, 2023 | regulated water segment rate base | FY2025 | +6% – +7% | Raised |
| May 9, 2023 | regulated natural gas segment rate base | FY2025 | +8% – +10% | Raised |
| May 9, 2023 | regulated water customer base (or equivalent dwelling units) | average annual | +2% – +3% | – |
| Feb 27, 2023 | regulated infrastructure investments | FY2025 | $1.10B | New |
| Feb 27, 2023 | net income per diluted common share | FY2023 | $1.85 – $1.90 | New |
| Feb 27, 2023 | earnings per share | FY2025 | +5% – +7% | New |
| Feb 27, 2023 | regulated water segment rate base | FY2025 | +6% – +7% | New |
| Feb 27, 2023 | regulated natural gas segment rate base | FY2025 | +8% – +10% | Raised |
| Feb 27, 2023 | regulated water customer base | average annual | +2% – +3% | – |
| Nov 7, 2022 | Regulated infrastructure investments | FY2024 | $1.00B | Reaffirmed |
| Nov 7, 2022 | Net income per diluted common share | FY2022 | $1.75 – $1.80 | Reaffirmed |
| Nov 7, 2022 | Regulated water segment rate base compound annual growth rate | FY2024 | +6% – +7% | Lowered |
| Nov 7, 2022 | Regulated natural gas segment rate base compound annual growth rate | FY2024 | +8% – +10% | Raised |
| Nov 7, 2022 | long-term earnings per share growth CAGR | three-year period 2021 through 2024 | +5% – +7% | – |
| Nov 7, 2022 | Average annual regulated water segment customer (or equivalent dwelling units) growth | Average annual | +2% – +3% | – |
| Aug 4, 2022 | invest | FY2022 | $1.00B | Reaffirmed |
| Aug 4, 2022 | Regulated infrastructure investments | FY2024 | $1.00B | Lowered |
| Aug 4, 2022 | Net income per diluted common share | FY2022 | $1.75 – $1.80 | Reaffirmed |
| Aug 4, 2022 | Average annual regulated water segment customer (or equivalent dwelling units) growth | FY2022 | +2% – +3% | Reaffirmed |
| Aug 4, 2022 | Regulated water segment rate base compound annual growth rate | FY2024 | +6% – +7% | Lowered |
| Aug 4, 2022 | Regulated natural gas segment rate base compound annual growth rate | FY2024 | +8% – +10% | Raised |
| Aug 4, 2022 | earnings per share growth CAGR | three-year period 2021 through 2024 | +5% – +7% | – |
| May 9, 2022 | Regulated infrastructure investments | FY2024 | $1.00B | Lowered |
| May 9, 2022 | invest | FY2022 | $1.00B | Reaffirmed |
| May 9, 2022 | infrastructure investments | FY2024 | $3.00B | Raised |
| May 9, 2022 | Net income per diluted common share | FY2022 | $1.75 – $1.80 | Reaffirmed |
| May 9, 2022 | Average annual regulated water segment customer (or equivalent dwelling units) growth | FY2022 | +2% – +3% | New |
| May 9, 2022 | long-term earnings per share growth CAGR | FY2024 | +5% – +7% | Lowered |
| May 9, 2022 | Regulated water segment rate base compound annual growth rate | FY2024 | +6% – +7% | Raised |
| May 9, 2022 | Regulated natural gas segment rate base compound annual growth rate | FY2024 | +8% – +10% | Raised |
| Feb 24, 2022 | invest | FY2022 | $1.00B | New |
| Feb 24, 2022 | Regulated infrastructure investments | FY2024 | $1.00B | New |
| Feb 24, 2022 | infrastructure investments | FY2024 | $3.00B | Raised |
| Feb 24, 2022 | Net income per diluted common share | FY2022 | $1.75 – $1.80 | New |
| Feb 24, 2022 | Regulated water segment rate base compound annual growth rate | FY2024 | +6% – +7% | Raised |
| Feb 24, 2022 | earnings per share growth CAGR | FY2024 | +5% – +7% | New |
| Feb 24, 2022 | Regulated natural gas segment rate base compound annual growth rate | FY2024 | +8% – +10% | Raised |
| Feb 24, 2022 | Average annual regulated water segment customer (or equivalent dwelling units) growth | annual | +2% – +3% | – |
| Nov 1, 2021 | Regulated infrastructure investments | FY2021 | $1.00B | New |
| Nov 1, 2021 | Infrastructure investments | FY2023 | $3.00B | New |
| Nov 1, 2021 | Net income per diluted common share | FY2021 | $1.64 – $1.69 | New |
| Nov 1, 2021 | Regulated natural gas segment rate base compound annual growth rate | FY2023 | +8% – +10% | Raised |
| Nov 1, 2021 | Reduction of Scope 1 and Scope 2 greenhouse gas emissions | FY2035 | 60% | New |
| Nov 1, 2021 | Average annual regulated water segment customer (or equivalent dwelling units) growth | Average annual | +2% – +3% | – |
| Nov 1, 2021 | employees of color | Multiyear | 17% | – |
| Nov 1, 2021 | diverse supplier spend | Multiyear | 15% | – |
| Nov 1, 2021 | Earnings per share growth CAGR | FY2023 | +5% – +7% | New |
| Nov 1, 2021 | Regulated water segment rate base compound annual growth rate | FY2023 | +6% – +7% | Raised |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Essential Utilities filed with the SEC as exhibits to Form 8-K or 6-K
- Update
- Results
- Update
- Update
- Results
- Update
- Update
- Results
- Update
- Results
- Update
- Update
- Update
- Update
- Results