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Essential Utilities (Essential Utilities) Net Margin % : 28.25% (As of Dec. 2023)


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What is Essential Utilities Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Essential Utilities's Net Income for the three months ended in Dec. 2023 was $135 Mil. Essential Utilities's Revenue for the three months ended in Dec. 2023 was $479 Mil. Therefore, Essential Utilities's net margin for the quarter that ended in Dec. 2023 was 28.25%.

The historical rank and industry rank for Essential Utilities's Net Margin % or its related term are showing as below:

WTRG' s Net Margin % Range Over the Past 10 Years
Min: 19.47   Med: 24.52   Max: 29.91
Current: 24.26


WTRG's Net Margin % is ranked better than
89.45% of 512 companies
in the Utilities - Regulated industry
Industry Median: 7.82 vs WTRG: 24.26

Essential Utilities Net Margin % Historical Data

The historical data trend for Essential Utilities's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Essential Utilities Net Margin % Chart

Essential Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.24 19.47 22.98 20.33 24.26

Essential Utilities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.29 26.35 20.90 19.47 28.25

Competitive Comparison of Essential Utilities's Net Margin %

For the Utilities - Regulated Water subindustry, Essential Utilities's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Essential Utilities's Net Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Essential Utilities's Net Margin % distribution charts can be found below:

* The bar in red indicates where Essential Utilities's Net Margin % falls into.



Essential Utilities Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Essential Utilities's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=498.226/2053.824
=24.26 %

Essential Utilities's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=135.448/479.419
=28.25 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Essential Utilities  (NYSE:WTRG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Essential Utilities Net Margin % Related Terms

Thank you for viewing the detailed overview of Essential Utilities's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Essential Utilities (Essential Utilities) Business Description

Traded in Other Exchanges
Address
762 West Lancaster Avenue, Bryn Mawr, PA, USA, 19010-3489
Essential Utilities is a Pennsylvania-based holding company for U.S. water, wastewater, and natural gas distribution utilities. The company's water business serves 3 million people in eight states. Nearly three fourths of its water earnings come from Pennsylvania, primarily suburban Philadelphia. Its Peoples subsidiary serves more than 700,000 gas distribution customers in Pennsylvania and Kentucky. Essential exited its noncore competitive water and energy services businesses.
Executives
Roderick K West director 1600 PERDIDO STREET, BLDG 505, NEW ORLEANS LA 70112
Arnold Colleen officer: President 762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Chris Franklin officer: Aqua America Southern Oper 762 W.LANCASTER AVE, BRYN MAWR PA 19010
Michael Huwar officer: President 762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Ellen T Ruff director 762, W LANCASTER AVE, BRYN MAWR PA 19010
Wilbert Bryan Lewis director 762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Robert A Rubin officer: Chief Accounting Officer 762 W LANCASTER AVE, BRYN MAWR PA 19010
Daniel Schuller officer: Executive Vice President 40 SACHEM ROAD, GREENWICH CT 06830
David Alan Ciesinski director H. J. HEINZ COMPANY, P.O. BOX 57, PITTSBURGH PA 15230
Edwina Kelly director 510 MADISON AVENUE, 15FL, NEW YORK NY 10022
Richard Scott Fox officer: Chief Operating Officer 14812 BALLANTYNE COUNTRY CLUB DRIVE, CHARLOTTE NC 28277
Matthew Rhodes officer: EVP, Strategy & Corp Dev 762 LANCASTER AVE, BRYN MAWR PA 19010
Wendy Franks director ONE QUEEN STREET EAST, SUITE 2500, TORONTO A6 M5C 2W5
Hilferty Daniel J Iii director C/O FS INVESTMENT CORPORATION III, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Christopher Paul Luning officer: Sr. VP, General Counsel & Sec 762 W. LANCASTER AVE, BRYN MAWR PA 19010