
Essential Utilities Net Income Surges 19.5% to $595M on Asset Gains and Rate Hikes
Essential Utilities Inc.Description
What this story covers
Essential Utilities reports $2.09B revenue (up 1.6%), net income $595M (up 19.5%), driven by rate increases, asset sales, and lower gas costs. $1.33B capex supports growth amid regulatory and environmental challenges, with strong liquidity for acquisitions.
Story snapshot
CompanyEssential Utilities Inc.
TickerWTRG
VariantStandard detailed
Duration13:26
Filing type10-K
PeriodAnnual 2024
IndustryUtilities
Accession0001562762-25-000036
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