Essential Utilities WTRG Income tax examination, penalties and interest expense (benefit)
Income tax examination, penalties and interest expense (benefit) at other companies
Other financials
Where this comes from
Reported directly by Essential Utilities in its filing.
Tagged under the XBRL concept us-gaap:IncomeTaxExaminationPenaltiesAndInterestExpense.
The source filing: Essential Utilities’s 10-K, filed February 26, 2026.
- Filed
- Feb 26, 2026, 3:16 PM EST
- Fiscal year
- FY2025
- Accession
- 0000078128-26-000050
The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate resolution. From time to time, the Company may be assessed interest and penalties by taxing authorities, which would be recorded as income tax expense. During the years ended December 31, 2025, 2024, and 2023, there were expenses of $75, $216, and $23 for interest and penalties related to uncertain tax positions. As of December 31, 2025, 2024, and 2023, the Company recognized liabilities of $435, $360, and $144, respectively, for interest and penalties related to its uncertain tax positions.
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Essential Utilities's income tax examination, penalties and interest expense (benefit)?
- Essential Utilities (WTRG) reported income tax examination, penalties and interest expense (benefit) of $18.75K in Q4 2025.
- How has Essential Utilities's income tax examination, penalties and interest expense (benefit) changed year-over-year?
- Essential Utilities's income tax examination, penalties and interest expense (benefit) decreased by 65.3% year-over-year, from $54K to $18.75K.
- What is the long-term trend for Essential Utilities's income tax examination, penalties and interest expense (benefit)?
- Over 4 years (2021 to 2025), Essential Utilities's income tax examination, penalties and interest expense (benefit) has grown at a -34.6% compound annual growth rate (CAGR), from $409K to $75K.
- What does income tax examination, penalties and interest expense (benefit) mean?
- The expense recognized for interest and penalties assessed by tax authorities during the examination of tax returns. This captures the cost of non-compliance or disputed tax positions.
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