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Essential Utilities WTRG Net debt / EBITDA

Net debt / EBITDA at other companies

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Middlesex Water CompanyMSEX
4.3×-4.1×
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4.2×-1.0×
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Artesian ResourcesARTNA
4.2×0.0×
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California Water Service GroupCWT
+0.8×
AWK
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-0.5×
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Global Water ResourcesGWRS
5.8×+1.8×

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$11.23B+5.6%
Enterprise value$19.56B+6.4%
P/E20.2×+3.7×
P/S4.4×-0.1×

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 source filing: Essential Utilities’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 3:41 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001562762-26-000060

FAQ

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?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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