Essential Historical Income Statement
| WTRG Stock | USD 40.03 0.25 0.62% |
Historical analysis of Essential Utilities income statement accounts such as Depreciation And Amortization of 360.9 M, Total Revenue of 2.2 B, Gross Profit of 1.2 B or Operating Income of 726.7 M can show how well Essential Utilities performed in making a profits. Evaluating Essential Utilities income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Essential Utilities's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Essential Utilities latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Essential Utilities is a good buy for the upcoming year.
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About Essential Income Statement Analysis
Essential Utilities Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Essential Utilities shareholders. The income statement also shows Essential investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Essential Utilities Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Essential Utilities generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Essential Utilities minus its cost of goods sold. It is profit before Essential Utilities operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Essential Utilities operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Essential Utilities is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Essential Utilities' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Essential Utilities current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Essential Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Essential Stock please use our How to Invest in Essential Utilities guide.At this time, Essential Utilities' Gross Profit is most likely to increase significantly in the upcoming years. The Essential Utilities' current Operating Income is estimated to increase to about 726.7 M, while Total Other Income Expense Net is forecasted to increase to (247.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 987.3M | 1.1B | 1.1B | 1.2B | Total Revenue | 1.9B | 2.3B | 2.1B | 2.2B |
Essential Utilities income statement Correlations
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Essential Utilities Account Relationship Matchups
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Essential Utilities income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 156.5M | 257.1M | 298.0M | 321.2M | 343.7M | 360.9M | |
| Total Revenue | 889.7M | 1.5B | 1.9B | 2.3B | 2.1B | 2.2B | |
| Gross Profit | 556.6M | 768.3M | 987.3M | 1.1B | 1.1B | 1.2B | |
| Operating Income | 340.2M | 434.7M | 602.7M | 661.2M | 692.1M | 726.7M | |
| Ebit | 357.2M | 459.3M | 610.4M | 669.3M | 715.1M | 750.9M | |
| Ebitda | 513.7M | 716.4M | 908.4M | 990.5M | 1.1B | 1.1B | |
| Net Income | 224.5M | 284.8M | 431.6M | 465.2M | 498.2M | 523.1M | |
| Income Tax Expense | (13.0M) | (19.9M) | (9.6M) | (14.3M) | (66.4M) | (63.1M) | |
| Total Other Income Expense Net | (128.6M) | (169.7M) | (180.7M) | (210.3M) | (260.3M) | (247.3M) | |
| Interest Expense | 125.4M | 188.4M | 207.7M | 238.1M | 283.4M | 297.5M | |
| Other Operating Expenses | 549.5M | 1.0B | 1.3B | 1.6B | 1.4B | 1.4B | |
| Total Operating Expenses | 216.4M | 333.7M | 384.6M | 387.5M | 433.9M | 267.4M | |
| Income Before Tax | 211.5M | 265.0M | 422M | 450.9M | 431.8M | 453.4M | |
| Selling General Administrative | 2.7M | 76.6M | 86.6M | 90.0M | 103.5M | 108.7M | |
| Net Income From Continuing Ops | 224.5M | 284.8M | 431.6M | 465.2M | 477.7M | 315.4M | |
| Cost Of Revenue | 333.1M | 694.4M | 890.8M | 1.2B | 927.8M | 560.8M | |
| Non Operating Income Net Other | (5.5M) | 22.1M | 27M | 27.8M | 32.0M | 33.6M | |
| Net Income Applicable To Common Shares | 224.5M | 284.8M | 431.6M | 465.2M | 535.0M | 297.4M | |
| Tax Provision | (13.0M) | (19.9M) | (9.6M) | (14.3M) | (45.6M) | (43.3M) | |
| Interest Income | 25.4M | 5.4M | 2.4M | 3.7M | 3.5M | 3.3M | |
| Net Interest Income | (100.0M) | (183.1M) | (205.3M) | (234.4M) | (275.7M) | (262.0M) | |
| Reconciled Depreciation | 156.5M | 257.1M | 298.0M | 321.2M | 336.4M | 259.7M |
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When determining whether Essential Utilities is a strong investment it is important to analyze Essential Utilities' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Essential Utilities' future performance. For an informed investment choice regarding Essential Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Essential Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Essential Stock please use our How to Invest in Essential Utilities guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Water Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Essential Utilities. If investors know Essential will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Essential Utilities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Dividend Share 1.247 | Earnings Share 1.99 | Revenue Per Share 7.169 | Quarterly Revenue Growth 0.058 |
The market value of Essential Utilities is measured differently than its book value, which is the value of Essential that is recorded on the company's balance sheet. Investors also form their own opinion of Essential Utilities' value that differs from its market value or its book value, called intrinsic value, which is Essential Utilities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Essential Utilities' market value can be influenced by many factors that don't directly affect Essential Utilities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Essential Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Essential Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essential Utilities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.