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Unitil UTL Finance Lease Liabilities

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Other financials

Income statement

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Revenue$216.9M+27.0%
Operating income$55.9M+21.0%
Net income$33.2M+20.7%
EPS (diluted)$1.85+9.5%

Balance sheet

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Cash & equivalents$16.9M+65.7%
Total debt$896.5M+9.8%
Total equity$636.0M+19.1%
Total assets$2.2B+14.0%

Cash flow

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Operating cash flow$50.1M-3.8%
CapEx$32.4M-0.6%
Free cash flow$17.7M-9.2%

Valuation

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Market cap$979.86M+21.4%
Enterprise value$1.86B+15.3%
P/E17.5×+0.4×
P/S1.7×0.0×

Profitability

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Operating margin19.1%0.0pp
Net margin9.6%-0.1pp
FCF margin-9.6%+9.7pp

Returns & leverage

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Return on equity9.6%+0.5pp
Debt / equity1.4×-0.1×
Current ratio0.6×-0.1×

Where this comes from

Reported directly by Unitil in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityNoncurrent.

The source filing: Unitil’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 5:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000755001-26-000010
Lease Obligations (millions)March 31, 2026March 31, 2025December 31, 2025
Operating Lease Obligations (current portion)$2.0$1.8$2.1
Operating Lease Obligations (long-term portion)4.54.44.9
Total Operating Lease Obligations6.56.27.0
Capital Lease Obligations:
Other Current Liabilities (current portion)0.20.10.2
Other Noncurrent Liabilities (long-term portion)0.40.30.4
Total Capital Lease Obligations0.60.40.6
Total Lease Obligations$7.1$6.6$7.6

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

FAQ

What is Unitil's finance lease liabilities?
Unitil (UTL) reported finance lease liabilities of $400K in Q1 2026.
How has Unitil's finance lease liabilities changed year-over-year?
Unitil's finance lease liabilities increased by 33.3% year-over-year, from $300K to $400K.
What is the long-term trend for Unitil's finance lease liabilities?
Over 4 years (2021 to 2025), Unitil's finance lease liabilities has grown at a 18.9% compound annual growth rate (CAGR), from $200K to $400K.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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