Essential Net Income from 2010 to 2024

WTRG Stock  USD 38.60  0.34  0.89%   
Essential Utilities' Net Income is increasing over the last several years with slightly volatile swings. Net Income is estimated to finish at about 523.1 M this year. During the period from 2010 to 2024 Essential Utilities Net Income regressed destribution of quarterly values had coefficient of variationof  52.64 and r-value of  0.90. View All Fundamentals
 
Net Income  
First Reported
1990-03-31
Previous Quarter
75.4 M
Current Value
69.4 M
Quarterly Volatility
41.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Essential Utilities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Essential Utilities' main balance sheet or income statement drivers, such as Depreciation And Amortization of 360.9 M, Total Revenue of 2.2 B or Gross Profit of 1.2 B, as well as many indicators such as Price To Sales Ratio of 3.55, Dividend Yield of 0.0292 or PTB Ratio of 3.05. Essential financial statements analysis is a perfect complement when working with Essential Utilities Valuation or Volatility modules.
  
Check out the analysis of Essential Utilities Correlation against competitors.
For more detail on how to invest in Essential Stock please use our How to Invest in Essential Utilities guide.

Latest Essential Utilities' Net Income Growth Pattern

Below is the plot of the Net Income of Essential Utilities over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Essential Utilities financial statement analysis. It represents the amount of money remaining after all of Essential Utilities operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Essential Utilities' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Essential Utilities' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 498.23 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Essential Net Income Regression Statistics

Arithmetic Mean273,151,553
Geometric Mean212,686,950
Coefficient Of Variation52.64
Mean Deviation111,640,471
Median233,239,000
Standard Deviation143,788,768
Sample Variance20675.2T
Range515.3M
R-Value0.90
Mean Square Error4325.1T
R-Squared0.81
Slope28,860,940
Total Sum of Squares289452.9T

Essential Net Income History

2024523.1 M
2023498.2 M
2022465.2 M
2021431.6 M
2020284.8 M
2019224.5 M
2018192 M

Other Fundumenentals of Essential Utilities

Essential Utilities Net Income component correlations

About Essential Utilities Financial Statements

Essential Utilities stakeholders use historical fundamental indicators, such as Essential Utilities' Net Income, to determine how well the company is positioned to perform in the future. Although Essential Utilities investors may analyze each financial statement separately, they are all interrelated. For example, changes in Essential Utilities' assets and liabilities are reflected in the revenues and expenses on Essential Utilities' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Essential Utilities. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income498.2 M523.1 M
Net Income From Continuing Ops477.7 M315.4 M
Net Income Applicable To Common Shares535 M297.4 M
Net Income Per Share 1.86  1.96 
Net Income Per E B T 1.15  0.61 

Currently Active Assets on Macroaxis

When determining whether Essential Utilities is a strong investment it is important to analyze Essential Utilities' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Essential Utilities' future performance. For an informed investment choice regarding Essential Stock, refer to the following important reports:
Check out the analysis of Essential Utilities Correlation against competitors.
For more detail on how to invest in Essential Stock please use our How to Invest in Essential Utilities guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Water Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Essential Utilities. If investors know Essential will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Essential Utilities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Dividend Share
1.247
Earnings Share
1.99
Revenue Per Share
7.169
Quarterly Revenue Growth
0.058
The market value of Essential Utilities is measured differently than its book value, which is the value of Essential that is recorded on the company's balance sheet. Investors also form their own opinion of Essential Utilities' value that differs from its market value or its book value, called intrinsic value, which is Essential Utilities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Essential Utilities' market value can be influenced by many factors that don't directly affect Essential Utilities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Essential Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Essential Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essential Utilities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.