Essential Utilities (WTRG) Revenue & Revenue Breakdown

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Essential Utilities Revenue Highlights

Latest Revenue (Y)

$2.05B

Latest Revenue (Q)

$435.25M

Main Segment (Y)

Water

Main Geography (Y)

Natural Gas

Essential Utilities Revenue by Period

Essential Utilities Revenue by Year

Date	Revenue	Change
2023-12-31	$2.05B	-10.24%
2022-12-31	$2.29B	21.82%
2021-12-31	$1.88B	28.40%
2020-12-31	$1.46B	64.40%
2019-12-31	$889.69M	6.16%
2018-12-31	$838.09M	3.53%
2017-12-31	$809.52M	-1.26%
2016-12-31	$819.88M	0.70%
2015-12-31	$814.20M	4.40%
2014-12-31	$779.90M	1.46%
2013-12-31	$768.64M	1.44%
2012-12-31	$757.76M	6.43%
2011-12-31	$711.96M	-1.94%
2010-12-31	$726.07M	8.28%
2009-12-31	$670.54M	6.95%
2008-12-31	$626.97M	4.06%
2007-12-31	$602.50M	12.94%
2006-12-31	$533.49M	7.39%
2005-12-31	$496.78M	12.38%
2004-12-31	$442.04M	20.37%
2003-12-31	$367.23M	14.04%
2002-12-31	$322.03M	4.80%
2001-12-31	$307.28M	11.52%
2000-12-31	$275.54M	7.09%
1999-12-31	$257.30M	70.40%
1998-12-31	$151.00M	10.87%
1997-12-31	$136.20M	11.18%
1996-12-31	$122.50M	4.70%
1995-12-31	$117.00M	7.73%
1994-12-31	$108.60M	7.31%
1993-12-31	$101.20M	-

Essential Utilities generated $2.05B in revenue during NA 2023, up -10.24% compared to the previous quarter, and up 245.06% compared to the same period a year ago.

Essential Utilities Revenue by Quarter

Date	Revenue	Change
2024-09-30	$435.25M	0.20%
2024-06-30	$434.41M	-29.03%
2024-03-31	$612.07M	27.67%
2023-12-31	$479.42M	16.57%
2023-09-30	$411.25M	-5.83%
2023-06-30	$436.70M	-39.89%
2023-03-31	$726.45M	2.99%
2022-12-31	$705.38M	62.30%
2022-09-30	$434.62M	-3.15%
2022-06-30	$448.76M	-35.83%
2022-03-31	$699.27M	30.54%
2021-12-31	$535.69M	48.04%
2021-09-30	$361.86M	-8.86%
2021-06-30	$397.03M	-31.96%
2021-03-31	$583.57M	23.12%
2020-12-31	$474.00M	35.95%
2020-09-30	$348.65M	-9.32%
2020-06-30	$384.47M	50.43%
2020-03-31	$255.59M	13.07%
2019-12-31	$226.04M	-7.22%
2019-09-30	$243.63M	11.30%
2019-06-30	$218.89M	8.83%
2019-03-31	$201.13M	-2.24%
2018-12-31	$205.75M	-9.02%
2018-09-30	$226.14M	6.74%
2018-06-30	$211.86M	9.01%
2018-03-31	$194.35M	-4.41%
2017-12-31	$203.31M	-5.44%
2017-09-30	$215.01M	5.70%
2017-06-30	$203.42M	8.32%
2017-03-31	$187.79M	-4.58%
2016-12-31	$196.80M	-13.15%
2016-09-30	$226.59M	11.14%
2016-06-30	$203.88M	5.85%
2016-03-31	$192.61M	-2.26%
2015-12-31	$197.07M	-10.85%
2015-09-30	$221.05M	7.43%
2015-06-30	$205.76M	8.11%
2015-03-31	$190.33M	-0.56%
2014-12-31	$191.39M	-9.09%
2014-09-30	$210.53M	7.80%
2014-06-30	$195.31M	6.92%
2014-03-31	$182.67M	-3.15%
2013-12-31	$188.61M	-7.70%
2013-09-30	$204.34M	4.44%
2013-06-30	$195.66M	8.68%
2013-03-31	$180.03M	-3.97%
2012-12-31	$187.48M	-12.62%
2012-09-30	$214.56M	8.25%
2012-06-30	$198.20M	16.42%
2012-03-31	$170.24M	-1.42%
2011-12-31	$172.70M	-12.48%
2011-09-30	$197.33M	4.83%
2011-06-30	$188.23M	9.87%
2011-03-31	$171.32M	-4.46%
2010-12-31	$179.31M	-13.71%
2010-09-30	$207.80M	16.45%
2010-06-30	$178.44M	11.17%
2010-03-31	$160.52M	-4.39%
2009-12-31	$167.89M	-7.15%
2009-09-30	$180.83M	8.06%
2009-06-30	$167.33M	8.32%
2009-03-31	$154.49M	-3.35%
2008-12-31	$159.84M	-9.74%
2008-09-30	$177.10M	17.48%
2008-06-30	$150.75M	8.23%
2008-03-31	$139.28M	-6.57%
2007-12-31	$149.08M	-9.91%
2007-09-30	$165.49M	-

Essential Utilities generated $435.25M in revenue during Q3 2024, up 0.20% compared to the previous quarter, and up 99.67% compared to the same period a year ago.

Essential Utilities Revenue Breakdown

Essential Utilities Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Natural Gas	$861.67M	$1.14B	$859.37M	$314.27M	-
Wastewater	$187.39M	$165.38M	$132.58M	$120.79M	$105.20M
Water	$948.82M	$902.87M	$832.77M	$804.68M	$767.40M
Other	$14.86M	$11.48M	$13.36M	$12.86M	$13.84M

Essential Utilities's latest annual revenue breakdown by segment (product or service), as of Dec 23: Water (47.14%), Natural Gas (42.81%), Wastewater (9.31%), and Other (0.74%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19
Natural Gas	$96.73M	$323.18M	$188.02M	$94.80M	$138.95M	$439.91M	$408.72M	$119.72M	$168.16M	$446.39M	$278.25M	$95.07M	$142.89M	$343.15M	$234.21M	$88.32M	$145.95M	$38.46M	-	-
Other	$6.72M	$2.81M	$3.16M	$2.90M	$2.65M	$6.16M	$2.88M	$2.36M	$3.33M	$2.92M	$2.80M	$3.24M	$3.49M	$3.83M	$-3.23M	$6.55M	$5.83M	$3.20M	$2.98M	$3.36M
Wastewater	$51.78M	$48.74M	$47.24M	$48.82M	$45.94M	$45.39M	$44.20M	$44.22M	$41.56M	$35.40M	$34.59M	$33.88M	$32.55M	$31.55M	$31.83M	$30.50M	$30.23M	$28.23M	$26.62M	$25.97M
Water	$280.02M	$227.70M	$231.00M	$258.37M	$244.29M	$215.17M	$225.15M	$253.97M	$223.62M	$200.13M	$206.30M	$222.19M	$211.76M	$192.52M	$196.70M	$222.40M	$200.52M	$185.06M	$213.15M	$188.46M

Essential Utilities's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Water (64.34%), Natural Gas (22.22%), Wastewater (11.90%), and Other (1.54%).

Essential Utilities Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Natural Gas	$1.14B	$859.37M	$314.27M	-	-
Other	$11.48M	$13.36M	$12.86M	$13.84M	$9.43M
Water	$902.87M	$832.77M	$804.68M	$767.40M	$731.44M
Wastewater	$165.38M	$132.58M	$120.79M	$105.20M	$94.17M

Essential Utilities's latest annual revenue breakdown by geography, as of Dec 22: Natural Gas (51.42%), Water (40.62%), Wastewater (7.44%), and Other (0.52%).

Quarterly Revenue by Country

Country	Sep 24	Mar 23	Mar 21
Water	$334.48M	-	-
T	-	$7.68M	-
V	-	-	$242.00K

Essential Utilities's latest quarterly revenue breakdown by geography, as of Sep 24: Water (100.00%).

Essential Utilities Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AWK	American Water Works Company	$4.23B	$1.32B
WTRG	Essential Utilities	$2.05B	$435.25M
CWT	California Water Service Group	$794.63M	$299.56M
SJW	SJW Group	$670.36M	$247.34M
AWR	American States Water Company	$595.70M	$161.78M
CWCO	Consolidated Water	$180.21M	$33.39M
MSEX	Middlesex Water Company	$166.27M	$55.10M
ARTNA	Artesian Resources	$98.86M	$29.14M
YORW	York Water Company	$71.03M	$18.75M
GWRS	Global Water Resources	$53.03M	$14.32M

WTRG Revenue FAQ

What is Essential Utilities’s yearly revenue?

Essential Utilities's yearly revenue for 2023 was $2.05B, representing a decrease of -10.24% compared to 2022. The company's yearly revenue for 2022 was $2.29B, representing an increase of 21.82% compared to 2021. WTRG's yearly revenue for 2021 was $1.88B, representing an increase of 28.40% compared to 2020.

What is Essential Utilities’s quarterly revenue?

Essential Utilities's quarterly revenue for Q3 2024 was $435.26M, a 0.20% increase from the previous quarter (Q2 2024), and a 5.84% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $434.41M, a -29.03% decrease from the previous quarter (Q1 2024), and a -0.53% decrease year-over-year (Q2 2023). WTRG's quarterly revenue for Q1 2024 was $612.07M, a 27.67% increase from the previous quarter (Q4 2023), and a -15.75% decrease year-over-year (Q1 2023).

What is Essential Utilities’s revenue growth rate?

Essential Utilities's revenue growth rate for the last 3 years (2021-2023) was 9.35%, and for the last 5 years (2019-2023) was 130.85%.

What are Essential Utilities’s revenue streams?

Essential Utilities's revenue streams in c 23 are Natural Gas, Wastewater, Water, and Other. Natural Gas generated $861.67M in revenue, accounting 42.81% of the company's total revenue, down -24.61% year-over-year. Wastewater generated $187.39M in revenue, accounting 9.31% of the company's total revenue, up 13.31% year-over-year. Water generated $948.82M in revenue, accounting 47.14% of the company's total revenue, up 5.09% year-over-year. Other generated $14.86M in revenue, accounting 0.74% of the company's total revenue, up 29.49% year-over-year.

What is Essential Utilities’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Essential Utilities was Water. This segment made a revenue of $948.82M, representing 47.14% of the company's total revenue.