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Essential Utilities WTRG Unbilled Revenue

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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$11.32B+6.4%
Enterprise value$19.65B+6.9%
P/E20.3×+3.9×
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

Reported directly by Essential Utilities in its filing.

Tagged under the XBRL concept us-gaap:UnbilledReceivablesCurrent.

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

Filed
May 7, 2026, 3:41 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001562762-26-000060
AssetsMarch 31, 2026December 31, 2025
Current assets:
Cash and cash equivalents75,92634,778
Accounts receivable, net287,323217,191
Unbilled revenues131,215167,085
Inventory - materials and supplies56,44951,767
Inventory - gas stored15,74760,686
Prepayments and other current assets36,22159,110
Regulatory assets19,74919,779

Cover / Front Matter

FAQ

What is Essential Utilities's unbilled revenue?
Essential Utilities (WTRG) reported unbilled revenue of $131.22M in Q1 2026.
How has Essential Utilities's unbilled revenue changed year-over-year?
Essential Utilities's unbilled revenue increased by 13.1% year-over-year, from $115.98M to $131.22M.
What is the long-term trend for Essential Utilities's unbilled revenue?
Over 5 years (2020 to 2025), Essential Utilities's unbilled revenue has grown at a 7.1% compound annual growth rate (CAGR), from $118.54M to $167.09M.
What does unbilled revenue mean?
This represents revenue earned from utility services provided between the last meter reading date and the end of the reporting period that has not yet been invoiced. It is a common accrual in the utility industry due to the cyclical nature of meter reading schedules. It reflects the company's performance in recognizing revenue in the correct period.

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