Chesapeake Utilities Corporation
Chesapeake Utilities Corporation operates as an energy delivery company in the United States. It operates through two segments: Regulated Energy and Unregulated Energy. The Regulated Energy segment natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula, Ohio, and Florida; and regulat… Read more
Chesapeake Utilities Corporation (CPK) - Net Assets
Latest net assets as of September 2025: $1.52 Billion USD
Based on the latest financial reports, Chesapeake Utilities Corporation (CPK) has net assets worth $1.52 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.86 Billion) and total liabilities ($2.34 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.52 Billion |
| % of Total Assets | 39.33% |
| Annual Growth Rate | 12.84% |
| 5-Year Change | 99.43% |
| 10-Year Change | 288.17% |
| Growth Volatility | 14.27 |
Chesapeake Utilities Corporation - Net Assets Trend (1994–2024)
This chart illustrates how Chesapeake Utilities Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chesapeake Utilities Corporation (1994–2024)
The table below shows the annual net assets of Chesapeake Utilities Corporation from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.39 Billion | +11.56% |
| 2023-12-31 | $1.25 Billion | +49.63% |
| 2022-12-31 | $832.80 Million | +7.58% |
| 2021-12-31 | $774.13 Million | +11.05% |
| 2020-12-31 | $697.09 Million | +24.13% |
| 2019-12-31 | $561.58 Million | +8.32% |
| 2018-12-31 | $518.44 Million | +6.61% |
| 2017-12-31 | $486.29 Million | +9.01% |
| 2016-12-31 | $446.09 Million | +24.56% |
| 2015-12-31 | $358.14 Million | +19.25% |
| 2014-12-31 | $300.32 Million | +7.73% |
| 2013-12-31 | $278.77 Million | +8.64% |
| 2012-12-31 | $256.60 Million | +6.57% |
| 2011-12-31 | $240.78 Million | +6.43% |
| 2010-12-31 | $226.24 Million | +7.85% |
| 2009-12-31 | $209.78 Million | +70.45% |
| 2008-12-31 | $123.07 Million | +2.92% |
| 2007-12-31 | $119.58 Million | +7.58% |
| 2006-12-31 | $111.15 Million | +31.14% |
| 2005-12-31 | $84.76 Million | +8.72% |
| 2004-12-31 | $77.96 Million | +6.89% |
| 2003-12-31 | $72.94 Million | +9.37% |
| 2002-12-31 | $66.69 Million | -0.24% |
| 2001-12-31 | $66.85 Million | +4.50% |
| 2000-12-31 | $63.97 Million | +6.27% |
| 1999-12-31 | $60.20 Million | +6.74% |
| 1998-12-31 | $56.40 Million | +12.13% |
| 1997-12-31 | $50.30 Million | +6.57% |
| 1996-12-31 | $47.20 Million | +11.58% |
| 1995-12-31 | $42.30 Million | +14.02% |
| 1994-12-31 | $37.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chesapeake Utilities Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2722.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $550.30 Million | 39.58% |
| Common Stock | $11.10 Million | 0.80% |
| Other Comprehensive Income | $-1.70 Million | -0.12% |
| Other Components | $830.50 Million | 59.74% |
| Total Equity | $1.39 Billion | 100.00% |
Chesapeake Utilities Corporation Competitors by Market Cap
The table below lists competitors of Chesapeake Utilities Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Puya Semiconductor Shanghai Co Ltd
SHG:688766
|
$3.02 Billion |
|
Rakuten Bank, Ltd.
F:N5G
|
$3.02 Billion |
|
Leader Harmonious Drive Systems Co Ltd
SHG:688017
|
$3.02 Billion |
|
Thule Group AB (publ)
OTCGREY:THLPF
|
$3.02 Billion |
|
Vallourec S.A
PINK:VLOUF
|
$3.01 Billion |
|
Integer Holdings Corp
NYSE:ITGR
|
$3.01 Billion |
|
China Longyuan Power Group Corporation Limited
F:6WX
|
$3.01 Billion |
|
Endeavour Silver Corp.
NYSE:EXK
|
$3.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chesapeake Utilities Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,246,104,000 to 1,390,200,000, a change of 144,096,000 (11.6%).
- Net income of 118,600,000 contributed positively to equity growth.
- Dividend payments of 54,200,000 reduced retained earnings.
- Share repurchases of 72,600,000 reduced equity.
- New share issuances of 72,600,000 increased equity.
- Other comprehensive income increased equity by 1,038,000.
- Other factors increased equity by 78,658,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $118.60 Million | +8.53% |
| Dividends Paid | $54.20 Million | -3.9% |
| Share Repurchases | $72.60 Million | -5.22% |
| Share Issuances | $72.60 Million | +5.22% |
| Other Comprehensive Income | $1.04 Million | +0.07% |
| Other Changes | $78.66 Million | +5.66% |
| Total Change | $- | 11.56% |
Book Value vs Market Value Analysis
This analysis compares Chesapeake Utilities Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.09x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 19.53x to 2.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $6.60 | $128.79 | x |
| 1995-12-31 | $6.31 | $128.79 | x |
| 1996-12-31 | $6.37 | $128.79 | x |
| 1997-12-31 | $6.65 | $128.79 | x |
| 1998-12-31 | $7.38 | $128.79 | x |
| 1999-12-31 | $7.59 | $128.79 | x |
| 2000-12-31 | $7.97 | $128.79 | x |
| 2001-12-31 | $8.19 | $128.79 | x |
| 2002-12-31 | $8.17 | $128.79 | x |
| 2003-12-31 | $8.53 | $128.79 | x |
| 2004-12-31 | $9.04 | $128.79 | x |
| 2005-12-31 | $9.55 | $128.79 | x |
| 2006-12-31 | $12.04 | $128.79 | x |
| 2007-12-31 | $11.63 | $128.79 | x |
| 2008-12-31 | $11.84 | $128.79 | x |
| 2009-12-31 | $18.80 | $128.79 | x |
| 2010-12-31 | $15.74 | $128.79 | x |
| 2011-12-31 | $16.63 | $128.79 | x |
| 2012-12-31 | $17.69 | $128.79 | x |
| 2013-12-31 | $19.17 | $128.79 | x |
| 2014-12-31 | $20.56 | $128.79 | x |
| 2015-12-31 | $23.65 | $128.79 | x |
| 2016-12-31 | $28.57 | $128.79 | x |
| 2017-12-31 | $29.68 | $128.79 | x |
| 2018-12-31 | $31.57 | $128.79 | x |
| 2019-12-31 | $34.14 | $128.79 | x |
| 2020-12-31 | $41.57 | $128.79 | x |
| 2021-12-31 | $43.90 | $128.79 | x |
| 2022-12-31 | $46.78 | $128.79 | x |
| 2023-12-31 | $67.59 | $128.79 | x |
| 2024-12-31 | $61.70 | $128.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chesapeake Utilities Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.07%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 2.57x
- Recent ROE (8.53%) is below the historical average (11.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 12.13% | 4.56% | 0.91x | 2.92x | $790.00K |
| 1995 | 17.02% | 6.92% | 0.88x | 2.81x | $2.97 Million |
| 1996 | 14.62% | 5.78% | 0.91x | 2.78x | $2.18 Million |
| 1997 | 11.33% | 4.64% | 0.89x | 2.73x | $670.00K |
| 1998 | 9.40% | 2.89% | 1.26x | 2.57x | $-340.00K |
| 1999 | 13.79% | 3.59% | 1.38x | 2.77x | $2.28 Million |
| 2000 | 11.71% | 2.23% | 1.59x | 3.29x | $1.09 Million |
| 2001 | 10.05% | 2.03% | 1.57x | 3.14x | $36.58K |
| 2002 | 5.59% | 2.62% | 0.67x | 3.16x | $-2.94 Million |
| 2003 | 12.74% | 5.73% | 0.73x | 3.03x | $2.00 Million |
| 2004 | 12.09% | 5.30% | 0.74x | 3.10x | $1.63 Million |
| 2005 | 12.35% | 4.56% | 0.78x | 3.49x | $1.99 Million |
| 2006 | 9.45% | 4.54% | 0.71x | 2.92x | $-608.63K |
| 2007 | 11.04% | 5.11% | 0.68x | 3.19x | $1.24 Million |
| 2008 | 11.06% | 4.67% | 0.76x | 3.13x | $1.30 Million |
| 2009 | 7.58% | 5.91% | 0.44x | 2.94x | $-5.08 Million |
| 2010 | 11.52% | 6.09% | 0.64x | 2.97x | $3.43 Million |
| 2011 | 11.47% | 6.61% | 0.59x | 2.94x | $3.54 Million |
| 2012 | 11.25% | 7.35% | 0.53x | 2.86x | $3.20 Million |
| 2013 | 11.76% | 7.38% | 0.53x | 3.00x | $4.91 Million |
| 2014 | 12.02% | 7.24% | 0.55x | 3.01x | $6.06 Million |
| 2015 | 11.49% | 8.96% | 0.43x | 2.98x | $5.33 Million |
| 2016 | 10.01% | 8.96% | 0.41x | 2.76x | $66.40K |
| 2017 | 11.95% | 9.41% | 0.44x | 2.91x | $9.49 Million |
| 2018 | 10.91% | 7.89% | 0.42x | 3.27x | $4.74 Million |
| 2019 | 11.60% | 13.58% | 0.27x | 3.18x | $9.00 Million |
| 2020 | 10.26% | 14.65% | 0.25x | 2.77x | $1.79 Million |
| 2021 | 10.78% | 14.64% | 0.27x | 2.73x | $6.05 Million |
| 2022 | 10.78% | 13.19% | 0.31x | 2.66x | $6.52 Million |
| 2023 | 7.00% | 13.00% | 0.20x | 2.65x | $-37.41 Million |
| 2024 | 8.53% | 15.07% | 0.22x | 2.57x | $-20.42 Million |
Industry Comparison
This section compares Chesapeake Utilities Corporation's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $10,595,059,950
- Average return on equity (ROE) among peers: 15.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chesapeake Utilities Corporation (CPK) | $1.52 Billion | 12.13% | 1.54x | $3.01 Billion |
| APA Group (APAJF) | $3.21 Billion | 8.05% | 4.14x | $6.28 Billion |
| Ascopiave S.p.A (ASCOF) | $409.67 Million | 8.69% | 1.12x | $220.54 Million |
| Atmos Energy Corporation (ATO) | $1.65 Billion | 8.96% | 2.47x | $30.35 Billion |
| Beijing Gas Blue Sky Holdings Limited (BJGBF) | $25.42 Million | 42.17% | 3.14x | $31.34 Million |
| Black Hills Corporation (BKH) | $205.40 Million | 15.77% | 1.48x | $5.29 Billion |
| CF Energy Corp (CGFEF) | $47.11 Million | 14.33% | 1.32x | $2.67 Million |
| China Gas Holdings Limited (CGHOF) | $45.80 Billion | 20.06% | 1.45x | $2.35 Billion |
| China Resources Gas Group Limited (CRGGF) | $31.61 Billion | 14.08% | 1.33x | $2.74 Billion |
| China Suntien Green Energy Corporation Limited (CSGEF) | $12.40 Billion | 10.23% | 2.16x | $894.23 Million |