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Essential Utilities WTRG Regulatory liabilities

Discontinued — last reported Q4 '25

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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:RegulatoryLiabilities.

The official record: Essential Utilities’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Essential Utilities's regulatory liabilities?
Essential Utilities (WTRG) reported regulatory liabilities of $714.49M in Q4 2025.
How has Essential Utilities's regulatory liabilities changed year-over-year?
Essential Utilities's regulatory liabilities decreased by 6.8% year-over-year, from $766.52M to $714.49M.
What is the long-term trend for Essential Utilities's regulatory liabilities?
Over 5 years (2020 to 2025), Essential Utilities's regulatory liabilities has grown at a -2.1% compound annual growth rate (CAGR), from $793.18M to $714.49M.
What does regulatory liabilities mean?
Future rate reductions or refunds owed to customers as mandated by utility regulators.
How do you interpret regulatory liabilities?
An increase indicates more future rate credits owed to customers, while a decrease suggests these liabilities are being settled through rate adjustments.
How does regulatory liabilities compare across companies?
Standard in regulated industries; peer levels vary based on specific regulatory orders and tax reform impacts.