Essential Utilities (WTRG) Revenue & Revenue Breakdown
Essential Utilities Revenue Highlights
Latest Revenue (Y)
$2.05B
Latest Revenue (Q)
$434.41M
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 |
|---|---|---|
| 2024-06-30 | $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 $434.41M in revenue during Q2 2024, up -29.03% compared to the previous quarter, and up 59.80% 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 |
|---|---|---|---|---|---|
| Other | $14.86M | $11.48M | $13.36M | $12.86M | $13.84M |
| Natural Gas | $861.67M | $1.14B | $859.37M | $314.27M | - |
| Water | $948.82M | $902.87M | $832.77M | $804.68M | $767.40M |
| Wastewater | $187.39M | $165.38M | $132.58M | $120.79M | $105.20M |
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 | 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 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Natural Gas | $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 | - | - | - |
| Wastewater | $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 | $25.39M |
| Water | $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 | $172.09M |
| Other | $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 | $2.89M |
Essential Utilities's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Natural Gas (53.65%), Water (37.80%), Wastewater (8.09%), and Other (0.47%).
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 | Mar 23 | Mar 21 |
|---|---|---|
| T | $7.68M | - |
| V | - | $242.00K |
Essential Utilities's latest quarterly revenue breakdown by geography, as of Mar 23: T (100.00%).
Essential Utilities Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| AWK | American Water Works Company | $4.23B | $1.15B |
| WTRG | Essential Utilities | $2.05B | $434.41M |
| CWT | California Water Service Group | $794.63M | $244.30M |
| SJW | SJW Group | $670.36M | $176.17M |
| AWR | American States Water Company | $595.70M | $155.33M |
| CWCO | Consolidated Water | $180.21M | $32.48M |
| MSEX | Middlesex Water Company | $166.27M | $49.15M |
| ARTNA | Artesian Resources | $98.86M | $27.42M |
| YORW | York Water Company | $71.03M | $18.75M |
| GWRS | Global Water Resources | $53.03M | $11.61M |
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 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). The company'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). WTRG's quarterly revenue for Q4 2023 was $479.42M, a 16.57% increase from the previous quarter (Q3 2023), and a -32.03% decrease year-over-year (Q4 2022).
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 Other, Natural Gas, Water, and Wastewater. Other generated $14.86M in revenue, accounting 0.74% of the company's total revenue, up 29.49% year-over-year. Natural Gas generated $861.67M in revenue, accounting 42.81% of the company's total revenue, down -24.61% year-over-year. Water generated $948.82M in revenue, accounting 47.14% of the company's total revenue, up 5.09% year-over-year. Wastewater generated $187.39M in revenue, accounting 9.31% of the company's total revenue, up 13.31% 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.