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Essential Utilities WTRG Unbilled Revenue

Unbilled Revenue at other companies

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$451M+35.8%
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$520M+6.3%

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:UnbilledReceivablesCurrent.

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 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?
Revenue earned for services provided but not yet billed to customers.
How do you interpret unbilled revenue?
Fluctuations are often driven by seasonal usage patterns and the timing of meter reading cycles.
How does unbilled revenue compare across companies?
Common across all utility sectors; essential for accurate revenue recognition matching.