Essential Utilities Inc
Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, and natural gas services in the United States. It operates through Regulated Water; and Regulated Natural Gas segments. The company offers water services through operating and maintenance contracts with municipal authorities and other parties. It also provides utility service line pro… Read more
Essential Utilities Inc (WTRG) - Net Assets
Latest net assets as of September 2025: $6.82 Billion USD
Based on the latest financial reports, Essential Utilities Inc (WTRG) has net assets worth $6.82 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 ($18.89 Billion) and total liabilities ($12.08 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 | $6.82 Billion |
| % of Total Assets | 36.08% |
| Annual Growth Rate | 13.37% |
| 5-Year Change | 32.34% |
| 10-Year Change | 259.16% |
| Growth Volatility | 18.0 |
Essential Utilities Inc - Net Assets Trend (1994–2024)
This chart illustrates how Essential Utilities Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Essential Utilities Inc (1994–2024)
The table below shows the annual net assets of Essential Utilities Inc from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.20 Billion | +5.13% |
| 2023-12-31 | $5.90 Billion | +9.65% |
| 2022-12-31 | $5.38 Billion | +3.72% |
| 2021-12-31 | $5.18 Billion | +10.69% |
| 2020-12-31 | $4.68 Billion | +20.69% |
| 2019-12-31 | $3.88 Billion | +93.14% |
| 2018-12-31 | $2.01 Billion | +2.64% |
| 2017-12-31 | $1.96 Billion | +5.81% |
| 2016-12-31 | $1.85 Billion | +7.19% |
| 2015-12-31 | $1.73 Billion | +4.26% |
| 2014-12-31 | $1.66 Billion | +7.84% |
| 2013-12-31 | $1.54 Billion | +10.76% |
| 2012-12-31 | $1.39 Billion | +10.71% |
| 2011-12-31 | $1.25 Billion | +6.55% |
| 2010-12-31 | $1.17 Billion | +5.89% |
| 2009-12-31 | $1.11 Billion | +4.60% |
| 2008-12-31 | $1.06 Billion | +8.42% |
| 2007-12-31 | $978.28 Million | +5.94% |
| 2006-12-31 | $923.44 Million | +13.52% |
| 2005-12-31 | $813.47 Million | +8.69% |
| 2004-12-31 | $748.47 Million | +13.57% |
| 2003-12-31 | $659.03 Million | +33.60% |
| 2002-12-31 | $493.27 Million | +4.10% |
| 2001-12-31 | $473.83 Million | +9.60% |
| 2000-12-31 | $432.35 Million | +17.20% |
| 1999-12-31 | $368.90 Million | +57.11% |
| 1998-12-31 | $234.80 Million | +20.60% |
| 1997-12-31 | $194.70 Million | +8.17% |
| 1996-12-31 | $180.00 Million | +14.65% |
| 1995-12-31 | $157.00 Million | +9.18% |
| 1994-12-31 | $143.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Essential Utilities Inc'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 4963.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.95 Billion | 31.45% |
| Common Stock | $139.10 Million | 2.24% |
| Other Components | $4.11 Billion | 66.31% |
| Total Equity | $6.20 Billion | 100.00% |
Essential Utilities Inc Competitors by Market Cap
The table below lists competitors of Essential Utilities Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chongqing Sokon Ind Grp Co
SHG:601127
|
$11.25 Billion |
|
Dino Polska S.A.
PINK:DNOPF
|
$11.25 Billion |
|
IONQ Inc
NYSE:IONQ
|
$11.26 Billion |
|
WEG S.A
SA:WEGE3
|
$11.28 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
$11.25 Billion |
|
Olympus Corporation
PINK:OLYMY
|
$11.25 Billion |
|
Crown Holdings Inc
NYSE:CCK
|
$11.24 Billion |
|
Shaanxi Coal Industry Co Ltd
SHG:601225
|
$11.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Essential Utilities Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,896,183,000 to 6,198,809,000, a change of 302,626,000 (5.1%).
- Net income of 595,314,000 contributed positively to equity growth.
- Dividend payments of 346,392,000 reduced retained earnings.
- Share repurchases of 4,048,000 reduced equity.
- New share issuances of 51,610,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $595.31 Million | +9.6% |
| Dividends Paid | $346.39 Million | -5.59% |
| Share Repurchases | $4.05 Million | -0.07% |
| Share Issuances | $51.61 Million | +0.83% |
| Other Changes | $6.14 Million | +0.1% |
| Total Change | $- | 5.13% |
Book Value vs Market Value Analysis
This analysis compares Essential Utilities Inc'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: 1.80x
- 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 21.28x to 1.80x 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 | $1.91 | $40.67 | x |
| 1995-12-31 | $2.03 | $40.67 | x |
| 1996-12-31 | $2.16 | $40.67 | x |
| 1997-12-31 | $2.29 | $40.67 | x |
| 1998-12-31 | $1.77 | $40.67 | x |
| 1999-12-31 | $2.74 | $40.67 | x |
| 2000-12-31 | $3.15 | $40.67 | x |
| 2001-12-31 | $3.30 | $40.67 | x |
| 2002-12-31 | $3.42 | $40.67 | x |
| 2003-12-31 | $4.42 | $40.67 | x |
| 2004-12-31 | $4.76 | $40.67 | x |
| 2005-12-31 | $5.03 | $40.67 | x |
| 2006-12-31 | $5.60 | $40.67 | x |
| 2007-12-31 | $5.85 | $40.67 | x |
| 2008-12-31 | $6.29 | $40.67 | x |
| 2009-12-31 | $6.52 | $40.67 | x |
| 2010-12-31 | $6.85 | $40.67 | x |
| 2011-12-31 | $7.22 | $40.67 | x |
| 2012-12-31 | $7.92 | $40.67 | x |
| 2013-12-31 | $8.68 | $40.67 | x |
| 2014-12-31 | $9.31 | $40.67 | x |
| 2015-12-31 | $9.72 | $40.67 | x |
| 2016-12-31 | $10.40 | $40.67 | x |
| 2017-12-31 | $10.99 | $40.67 | x |
| 2018-12-31 | $11.26 | $40.67 | x |
| 2019-12-31 | $17.97 | $40.67 | x |
| 2020-12-31 | $18.39 | $40.67 | x |
| 2021-12-31 | $20.08 | $40.67 | x |
| 2022-12-31 | $20.46 | $40.67 | x |
| 2023-12-31 | $22.03 | $40.67 | x |
| 2024-12-31 | $22.59 | $40.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Essential Utilities Inc 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): 9.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.54%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.91x
- Recent ROE (9.60%) is below the historical average (10.83%), 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 | 10.85% | 14.36% | 0.24x | 3.19x | $1.22 Million |
| 1995 | 11.72% | 15.73% | 0.23x | 3.30x | $2.70 Million |
| 1996 | 11.56% | 16.98% | 0.21x | 3.24x | $2.80 Million |
| 1997 | 11.92% | 17.03% | 0.22x | 3.18x | $3.73 Million |
| 1998 | 12.27% | 19.07% | 0.22x | 2.99x | $5.32 Million |
| 1999 | 9.84% | 14.11% | 0.20x | 3.47x | $-590.00K |
| 2000 | 12.31% | 19.20% | 0.19x | 3.29x | $9.94 Million |
| 2001 | 12.71% | 19.56% | 0.20x | 3.30x | $12.81 Million |
| 2002 | 13.62% | 20.87% | 0.19x | 3.48x | $17.88 Million |
| 2003 | 10.77% | 19.31% | 0.18x | 3.14x | $5.09 Million |
| 2004 | 10.69% | 18.10% | 0.19x | 3.13x | $5.16 Million |
| 2005 | 11.23% | 18.35% | 0.19x | 3.24x | $9.96 Million |
| 2006 | 9.98% | 17.25% | 0.19x | 3.12x | $-159.00K |
| 2007 | 9.73% | 15.77% | 0.19x | 3.31x | $-2.62 Million |
| 2008 | 9.25% | 15.62% | 0.18x | 3.29x | $-7.93 Million |
| 2009 | 9.41% | 15.56% | 0.18x | 3.39x | $-6.54 Million |
| 2010 | 10.55% | 17.07% | 0.18x | 3.47x | $6.49 Million |
| 2011 | 11.43% | 20.10% | 0.16x | 3.48x | $17.94 Million |
| 2012 | 14.18% | 25.94% | 0.16x | 3.51x | $57.97 Million |
| 2013 | 14.42% | 28.79% | 0.15x | 3.29x | $67.80 Million |
| 2014 | 14.09% | 29.91% | 0.14x | 3.27x | $67.70 Million |
| 2015 | 11.69% | 24.78% | 0.14x | 3.33x | $29.20 Million |
| 2016 | 12.66% | 28.56% | 0.13x | 3.33x | $49.18 Million |
| 2017 | 12.25% | 29.61% | 0.13x | 3.23x | $43.98 Million |
| 2018 | 9.55% | 22.91% | 0.12x | 3.47x | $-8.95 Million |
| 2019 | 5.79% | 25.24% | 0.10x | 2.41x | $-163.54 Million |
| 2020 | 6.08% | 19.47% | 0.11x | 2.93x | $-183.54 Million |
| 2021 | 8.33% | 22.98% | 0.13x | 2.83x | $-86.83 Million |
| 2022 | 8.65% | 20.33% | 0.15x | 2.92x | $-72.50 Million |
| 2023 | 8.45% | 24.26% | 0.12x | 2.86x | $-91.39 Million |
| 2024 | 9.60% | 28.54% | 0.12x | 2.91x | $-24.57 Million |
Industry Comparison
This section compares Essential Utilities Inc's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $1,946,316,922
- Average return on equity (ROE) among peers: -30.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Essential Utilities Inc (WTRG) | $6.82 Billion | 10.85% | 1.77x | $11.25 Billion |
| American Energy Partners Inc (AEPT) | $2.39 Million | -209.56% | 6.60x | $150.58K |
| Aris Water Solutions Inc (ARIS) | $26.95 Million | 3.97% | 0.85x | $546.88 Million |
| Artesian Resources Corporation (ARTNB) | $125.61 Million | 7.57% | 2.36x | $294.87 Million |
| SIIC Environment Holdings Ltd (AWAEF) | $11.86 Billion | 5.06% | 1.73x | $59.96 Million |
| American Water Works (AWK) | $4.13 Billion | -13.62% | 2.20x | $26.06 Billion |
| Beijing Enterprises Water Group Limited (BJWTY) | $3.01 Billion | 6.40% | 1.46x | $3.33 Billion |
| Cadiz Inc (CDZI) | $18.75 Million | -45.26% | 1.06x | $270.81 Million |
| Clean Teq Water Ltd (CNQQF) | $3.98 Million | -76.35% | 2.11x | $9.48 Million |
| Consolidated Water Co Ltd (CWCO) | $125.54 Million | 4.86% | 0.23x | $470.88 Million |
| California Water Service Group (CWT) | $157.70 Million | 12.11% | 2.25x | $2.56 Billion |