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Essential Utilities WTRG Regulatory assets

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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$11.36B+3.8%
Enterprise value$19.69B+5.3%
P/E20.4×+3.5×
P/S4.5×-0.2×

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:RegulatoryAssetsCurrent.

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
Inventory - materials and supplies56,44951,767
Inventory - gas stored15,74760,686
Prepayments and other current assets36,22159,110
Regulatory assets19,74919,779
Total current assets622,630610,396
Regulatory assets2,215,0422,089,669
Deferred charges and other assets, net123,294122,217
Funds restricted for construction activity1,4511,445

Cover / Front Matter

FAQ

What is Essential Utilities's regulatory assets?
Essential Utilities (WTRG) reported regulatory assets of $19.75M in Q1 2026.
How has Essential Utilities's regulatory assets changed year-over-year?
Essential Utilities's regulatory assets increased by 13.2% year-over-year, from $17.45M to $19.75M.
What is the long-term trend for Essential Utilities's regulatory assets?
Over 5 years (2020 to 2025), Essential Utilities's regulatory assets has grown at a 31.2% compound annual growth rate (CAGR), from $5.09M to $19.78M.
What does regulatory assets mean?
These are costs that have been deferred because they are probable of future recovery from ratepayers through the regulatory process. They represent a unique aspect of utility accounting where regulators allow the company to capitalize expenses that would otherwise be recognized immediately. This asset class is fundamental to the utility's long-term financial stability.

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