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Essential Utilities WTRG Contract Liabilities

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Other financials

Income statement

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Revenue$861.8M+10.0%
Operating income$310.6M-8.3%
Net income$224.4M-20.9%
EPS (diluted)$0.79-23.3%

Balance sheet

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Cash & equivalents$75.9M+265%
Total debt$8.4B+9.3%
Total equity$6.9B+6.7%
Total assets$19.8B+7.9%

Cash flow

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Operating cash flow$265.4M-11.4%
CapEx$137.7M+25.3%
Free cash flow$127.7M-32.6%

Valuation

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Market cap$10.41B+4.7%
Enterprise value$18.74B+6.3%
P/E18.7×+2.5×
P/S4.1×-0.3×

Profitability

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Operating margin35%-3.4pp
Net margin21.8%-5.3pp
FCF margin31.5%+1.6pp

Returns & leverage

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Return on equity8.3%-1.4pp
Debt / equity1.2×0.0×
Current ratio+0.3×

Where this comes from

Reported directly by Essential Utilities in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The official record: Essential Utilities’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Essential Utilities's contract liabilities?
Essential Utilities (WTRG) reported contract liabilities of $118.43M in Q1 2026.
How has Essential Utilities's contract liabilities changed year-over-year?
Essential Utilities's contract liabilities increased by 4.0% year-over-year, from $113.86M to $118.43M.
What is the long-term trend for Essential Utilities's contract liabilities?
Over 5 years (2020 to 2025), Essential Utilities's contract liabilities has grown at a 3.1% compound annual growth rate (CAGR), from $99.01M to $115.47M.
What does contract liabilities mean?
Payments received from customers for services or goods that have not yet been delivered.
How do you interpret contract liabilities?
An increase indicates higher customer prepayments or deferred revenue, which can signal strong future demand or changes in billing cycles.
How does contract liabilities compare across companies?
Varies by industry; common in utilities for customer deposits or prepaid service agreements.