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Essential Utilities WTRG Net debt / EBITDA

Net debt / EBITDA at other companies

AWK
American Water WorksAWK
-0.5×
EVR
EvergyEVRG
4.9×0.0×
CMS
CMS EnergyCMS
6.2×+0.4×
Entergy logo
EntergyETR
4.9×-1.0×
Duke Energy logo
Duke EnergyDUK
5.3×-0.4×
PG&E logo
PG&EPCG
6.3×+0.2×

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

Calculated from Essential Utilities’s reported figures.

Based on the most recent quarter.

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 net debt / EBITDA?
Essential Utilities (WTRG) reported net debt / EBITDA of 6.3× in Q1 2026.
How has Essential Utilities's net debt / EBITDA changed year-over-year?
Essential Utilities's net debt / EBITDA increased by 2.3% year-over-year, from 6.2× to 6.3×.
What is the long-term trend for Essential Utilities's net debt / EBITDA?
Over 5 years (2020 to 2025), Essential Utilities's net debt / EBITDA has grown at a -5.8% compound annual growth rate (CAGR), from 8.2× to 6.1×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.