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Essential Utilities WTRG Provision for Credit Losses

Provision for Credit Losses at other companies

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EvergyEVRG
$200K-33.3%
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$65.5M+101%
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$14.06M-2.3%
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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:ProvisionForDoubtfulAccounts.

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 provision for credit losses?
Essential Utilities (WTRG) reported provision for credit losses of $3.88M in Q1 2026.
How has Essential Utilities's provision for credit losses changed year-over-year?
Essential Utilities's provision for credit losses increased by 986.0% year-over-year, from $357K to $3.88M.
What is the long-term trend for Essential Utilities's provision for credit losses?
Over 4 years (2021 to 2025), Essential Utilities's provision for credit losses has grown at a -5.0% compound annual growth rate (CAGR), from $27.34M to $22.23M.
What does provision for credit losses mean?
The estimated cost of unpaid customer bills that the company expects will not be collected.
How do you interpret provision for credit losses?
An increase may signal deteriorating economic conditions for customers or challenges in the billing and collection process.
How does provision for credit losses compare across companies?
Standard operating expense for utility companies managing large customer billing portfolios.