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Pump Taxes at other companies

WEC Energy Group logo
WEC Energy GroupWEC
$69.3M-4.9%
PNW
Pinnacle West CapitalPNW
-$62M-5.1%
CMS
CMS EnergyCMS
$91M+5.8%
Nextra Energy logo
Nextra EnergyNEE
$506M+6.5%
Duke Energy logo
Duke EnergyDUK
$41M+7.9%
CNP
CenterPoint EnergyCNP
$85M+9.0%

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:PumpTaxes.

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 pump taxes?
Essential Utilities (WTRG) reported pump taxes of $1.29M in Q1 2026.
How has Essential Utilities's pump taxes changed year-over-year?
Essential Utilities's pump taxes decreased by 3.6% year-over-year, from $1.34M to $1.29M.
What does pump taxes mean?
Taxes incurred specifically for the operation of pumping equipment used in utility distribution.
How do you interpret pump taxes?
Higher pump taxes directly impact the cost of service and may necessitate rate adjustments to maintain profitability.
How does pump taxes compare across companies?
Specific to water and energy distribution utilities; not applicable to most other sectors.