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Unitil UTL Electric — CapEx

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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$943.08M+11.9%
Enterprise value$1.82B+10.5%
P/E16.9×-0.9×
P/S1.6×-0.1×

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:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Unitil’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Unitil's electric — capex?
Unitil (UTL) reported electric — capex of $20.7M in Q1 2026.
How has Unitil's electric — capex changed year-over-year?
Unitil's electric — capex decreased by 2.4% year-over-year, from $21.2M to $20.7M.
What is the long-term trend for Unitil's electric — capex?
Over 4 years (2021 to 2025), Unitil's electric — capex has grown at a 17.9% compound annual growth rate (CAGR), from $38.1M to $73.5M.
What does electric — capex mean?
Reflects the cash outflows dedicated to capital expenditures for the maintenance, expansion, and modernization of the electric utility's physical infrastructure. High levels of investment typically indicate ongoing grid hardening, capacity upgrades, or regulatory compliance projects. This metric is essential for assessing the segment's long-term growth and asset reliability.