What is RGC Resources's franchise fee annual increase?

RGC Resources (RGCO) reported franchise fee annual increase of 3% in Q3 2024.

What does franchise fee annual increase mean?

This metric tracks the periodic escalation rate applied to fees paid to local municipalities for the right to operate utility infrastructure within their jurisdictions. It serves as a key indicator of potential upward pressure on operating expenses and the company's ability to pass these costs through to ratepayers. Understanding this trend is essential for forecasting long-term margin stability in regulated utility operations.

RGC Resources RGCO Franchise Fee Annual Increase

Franchise Fee Annual Increase at other companies

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Other financials

Income statement

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Revenue$45.5M+24.7%

Operating income$4.6M+8.0%

Net income$8.7M+163%

EPS (diluted)$0.32+11.2%

Balance sheet

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Cash & equivalents$3.4M+57.6%

Total debt$147.1M+27.3%

Total equity$124.1M+5.3%

Total assets$337.1M+3.3%

Cash flow

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Operating cash flow$15.4M-26.7%

CapEx$4.2M-15.7%

Free cash flow$11.2M-30.1%

Valuation

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Market cap$248.73M+8.8%

Enterprise value$392.45M+7.1%

P/E12.3×-5.4×

P/S2.3×-0.1×

Profitability

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Gross margin50%—

Operating margin19.4%-0.8pp

Net margin18.9%+5.2pp

FCF margin9.4%+2.2pp

Returns & leverage

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Return on equity16.8%+5.8pp

Debt / equity1.2×+0.2×

Current ratio0.7×+0.1×

Where this comes from

Reported directly by RGC Resources in its filing.

Tagged under the XBRL concept rgco:FranchiseFeeAnnualIncrease.

The official record: RGC Resources’s 10-K, filed December 4, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is RGC Resources's franchise fee annual increase?: RGC Resources (RGCO) reported franchise fee annual increase of 3% in Q3 2024.
What does franchise fee annual increase mean?: This metric tracks the periodic escalation rate applied to fees paid to local municipalities for the right to operate utility infrastructure within their jurisdictions. It serves as a key indicator of potential upward pressure on operating expenses and the company's ability to pass these costs through to ratepayers. Understanding this trend is essential for forecasting long-term margin stability in regulated utility operations.