Essential Utilities, Inc.
WTRG · Water Supply · 283.6M shares · +6%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$7M (gross $4M, SBC $11M)
Reference price $39.40 · est. market cap ~$11.2B — last insider sale, 2025-03-14 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B77Regulated water/gas utility with top-decile margins and strong revenue growth but only mid-pack returns.
Strengths
- Top-decile operating margin (100th pct) and ocf margin (91.7th); net margin 83rd pct
- Strong revenue growth 18.6% (91.7th pct), reflecting acquisition-led scaling
Risks
- ROE only 9% (63.6th pct) and ROIC ~4.9% — returns are unremarkable
- Leverage elevated (D/E 1.18, 70th pct) with sub-1 current ratio (0.80)
Notable findings
- Weak liquidityCurrent ratio 0.80 (<1)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
9.0%
Return on assets
3.2%
ROIC
4.9%
Revenue growth (QoQ)
80.7%
Net-income growth
3.5%
Debt / equity
1.2×
Net debt / EBITDA
6.0×
Interest coverage
2.8×
Current ratio
0.8×
EBITDA
$1.3B
Tangible book value
$4.5B
Cash & investments
$35M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-23 | Amato Elizabeth B | Grant | 3.7K | $36.82 |
| 2026-06-23 | Hilferty Daniel J III | Grant | 3.7K | $36.82 |
| 2026-06-23 | Ciesinski David Alan | Grant | 3.7K | $36.82 |
| 2026-06-23 | Lewis Wilbert Bryan | Grant | 3.7K | $36.82 |
| 2026-06-23 | Linde Tamara Louise | Grant | 3.7K | $36.82 |
| 2026-06-23 | Bruner Christopher L | Grant | 3.7K | $36.82 |
| 2026-02-22 | Luning Christopher Paul | Grant | 4.8K | — |
| 2026-02-22 | Luning Christopher Paul | Tax withheld | 3.4K | $38.78 |
| 2026-02-22 | SCHULLER DANIEL | Grant | 6.7K | — |
| 2026-02-22 | SCHULLER DANIEL | Tax withheld | 4.7K | $38.78 |
| 2026-02-22 | Huwar Michael | Grant | 2.6K | — |
| 2026-02-22 | Huwar Michael | Tax withheld | 1.9K | $38.78 |
| 2026-02-22 | Arnold Colleen | Grant | 2.7K | — |
| 2026-02-22 | Arnold Colleen | Tax withheld | 2.1K | $38.78 |
| 2026-02-22 | Arnold Colleen | Grant | 2.7K | — |
| 2026-02-22 | Arnold Colleen | Tax withheld | 1.9K | $38.78 |
| 2026-02-22 | SCHULLER DANIEL | Grant | 6.7K | — |
| 2026-02-22 | SCHULLER DANIEL | Tax withheld | 4.7K | $38.78 |
| 2026-02-22 | Huwar Michael | Grant | 2.6K | — |
| 2026-02-22 | Huwar Michael | Tax withheld | 2.1K | $38.78 |
| 2026-02-22 | Palmer Bradley John | Grant | 246 | — |
| 2026-02-22 | Palmer Bradley John | Tax withheld | 158 | $38.78 |
| 2026-02-22 | Arnold Colleen | Grant | 2.7K | — |
| 2026-02-22 | Arnold Colleen | Tax withheld | 2.1K | $38.78 |
| 2026-02-22 | Franklin Chris | Grant | 25K | — |
| 2026-02-22 | Franklin Chris | Tax withheld | 18K | $38.78 |
| 2026-02-22 | Luning Christopher Paul | Grant | 4.8K | — |
| 2026-02-22 | Luning Christopher Paul | Tax withheld | 3.5K | $38.78 |
| 2026-02-17 | Luning Christopher Paul | Grant | 4.5K | $39.73 |
| 2026-02-17 | Franklin Chris | Grant | 10K | $39.73 |
| 2026-02-05 | Franklin Chris | Tax withheld | 5.9K | $37.69 |
| 2026-02-05 | SCHULLER DANIEL | Tax withheld | 1.6K | $37.69 |
| 2026-02-05 | Arnold Colleen | Tax withheld | 643 | $37.69 |
| 2026-02-05 | Luning Christopher Paul | Tax withheld | 1.1K | $37.69 |
| 2026-02-05 | Palmer Bradley John | Tax withheld | 89 | $37.69 |
| 2026-02-05 | Huwar Michael | Tax withheld | 652 | $37.69 |
| 2026-01-23 | Franklin Chris | Grant | 37K | — |
| 2026-01-23 | Luning Christopher Paul | Grant | 6.4K | — |
| 2026-01-23 | Palmer Bradley John | Grant | 933 | — |
| 2026-01-23 | Arnold Colleen | Grant | 3.8K | — |
| 2026-01-23 | Huwar Michael | Grant | 3.6K | — |
| 2026-01-23 | SCHULLER DANIEL | Grant | 9.2K | — |
| 2025-06-23 | Hilferty Daniel J III | Grant | 3.6K | $37.42 |
| 2025-06-23 | Amato Elizabeth B | Grant | 3.6K | $37.42 |
| 2025-06-23 | Ciesinski David Alan | Grant | 3.6K | $37.42 |
| 2025-06-23 | Lewis Wilbert Bryan | Grant | 3.6K | $37.42 |
| 2025-06-23 | Linde Tamara Louise | Grant | 3.6K | $37.42 |
| 2025-06-23 | Bruner Christopher L | Grant | 3.6K | $37.42 |
| 2025-03-14 | Franklin Chris | Sell | 7.7K | $39.40 |
| 2025-02-18 | Arnold Colleen | Grant | 2.8K | — |
| 2025-02-18 | Arnold Colleen | Tax withheld | 1.9K | $35.65 |
| 2025-02-18 | Franklin Chris | Grant | 30K | — |
| 2025-02-18 | Franklin Chris | Tax withheld | 19K | $35.65 |
| 2025-02-18 | Luning Christopher Paul | Grant | 5.8K | — |
| 2025-02-18 | Luning Christopher Paul | Tax withheld | 3.9K | $35.65 |
| 2025-02-18 | RUBIN ROBERT A | Grant | 1.7K | — |
| 2025-02-18 | RUBIN ROBERT A | Tax withheld | 987 | $35.65 |
| 2025-02-18 | SCHULLER DANIEL | Grant | 8.0K | — |
| 2025-02-18 | SCHULLER DANIEL | Tax withheld | 5.2K | $35.65 |
| 2025-02-18 | Huwar Michael | Grant | 2.8K | — |
| 2025-02-18 | Huwar Michael | Tax withheld | 1.9K | $35.65 |
| 2025-02-05 | Franklin Chris | Grant | 40K | — |
| 2025-02-05 | Arnold Colleen | Grant | 4.2K | — |
| 2025-02-05 | SCHULLER DANIEL | Grant | 10K | — |
| 2025-02-05 | Arnold Colleen | Grant | 4.2K | — |
| 2025-02-05 | RUBIN ROBERT A | Grant | 1.8K | — |
| 2025-02-05 | Huwar Michael | Grant | 4.0K | — |
| 2025-02-05 | Luning Christopher Paul | Grant | 7.0K | — |
| 2025-02-05 | Franklin Chris | Grant | 40K | — |
| 2025-02-05 | SCHULLER DANIEL | Grant | 10K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-15 | 2026-05-14 | 0001552781-26-000331 ↗ |
| 8-K | 2026-05-08 | 2026-05-08 | 0001193125-26-214642 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001562762-26-000060 ↗ |
| 8-K | 2026-05-07 | 2026-05-06 | 0001552781-26-000307 ↗ |
| 8-K | 2026-04-30 | 2026-04-29 | 0001552781-26-000288 ↗ |
| 8-K | 2026-04-22 | 2026-04-22 | 0001552781-26-000266 ↗ |
| 8-K | 2026-03-25 | 2026-03-25 | 0001193125-26-124163 ↗ |
| 8-K | 2026-03-09 | 2026-03-09 | 0001552781-26-000098 ↗ |
| 8-K | 2026-02-26 | 2026-02-25 | 0001552781-26-000071 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0000078128-26-000050 ↗ |
| 8-K | 2026-02-10 | 2026-02-10 | 0001552781-26-000047 ↗ |
| 8-K | 2026-02-10 | 2026-02-10 | 0001552781-26-000049 ↗ |