Essential Utilities Overview

  • Year Founded
  • 1886

Year Founded

  • Status
  • Public

  • Employees
  • 3,258

Employees

  • Stock Symbol
  • WTRG

Stock Symbol

  • Investments
  • 141

  • Share Price
  • $37.94
  • (As of Monday Closing)

Essential Utilities General Information

Description

Essential Utilities is a Pennsylvania-based holding company for us 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 740,000 gas distribution customers in Pennsylvania and Kentucky. Essential exited its noncore competitive water and energy services businesses.

Contact Information

Formerly Known As
Philadelphia Suburban, Philadelphia Suburban Corporation, Philadelphia Suburban Water Company, Aqua America, Philadelphia Suburban Corp
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Multi-Utilities
Other Industries
Water Utilities
Gas Utilities
Stock Exchange
NYS
Corporate Office
  • 762 West Lancaster Avenue
  • Bryn Mawr, PA 19010
  • United States
+1 (610) 000-0000

Essential Utilities Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Essential Utilities Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$37.94 $37.23 $32.07 - $43.26 $10.4B 273M 1.42M $2.12

Essential Utilities Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 17,217,196 17,035,862 19,072,223 19,318,829
Revenue 1,939,443 2,053,824 2,288,032 1,878,144
EBITDA 1,157,215 1,055,437 1,006,526 925,277
Net Income 572,564 498,226 465,237 431,612
Total Assets 17,054,344 16,841,459 15,719,107 14,658,278
Total Debt 7,043,291 7,088,048 6,836,579 6,024,880
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Essential Utilities Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Essential Utilities‘s full profile, request access.

Request a free trial

Essential Utilities Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Essential Utilities is a Pennsylvania-based holding company for us water, wastewater, and natural gas distribution utili
Multi-Utilities
Bryn Mawr, PA
3,258 As of 2023
00.000
000000000 00.000

000000

r sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut lab
00000 000000000
Camden, NJ
0000 As of 0000
000.00
000000000 00 000.00

000000

m veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commod
00000 000000000
San Jose, CA
0000 As of 0000
00000000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Essential Utilities Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
American Water Corporation Camden, NJ 0000 000.00 000000000 00 000.00
California Water Service Group Corporation San Jose, CA 0000 00000000
Eversource Energy Private Debt Financed Springfield, MA 00000 000.00 000000000 00 000.00
Southern Company Private Debt Financed Atlanta, GA 00000 000.00 000000000 000.00
Just Energy Group Corporation Houston, TX 0000 00000 0000000000.
You’re viewing 5 of 8 competitors. Get the full list »

Essential Utilities Patents

Essential Utilities Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-4631961-A Sampling device for determining conditions on the interior surface of a water main Inactive 31-Dec-1985 000000000 00
JP-S55158066-A Bubble manufacturing machine for fire extinguishing Active 30-May-1979 0
AU-5568480-A Fire-fighting concentrates Inactive 06-Mar-1979 0000000000
FR-2395044-A2 New hydrosoluble concentrate suitable for pumping and its application for fire fighting Active 21-Jun-1977 00000000000
DE-2826224-A1 Foam fire extinguisher Inactive 21-Jun-1977 A62C99/0036 0
To view Essential Utilities’s complete patent history, request access »

Essential Utilities Executive Team (38)

Name Title Board Seat Contact Info
Christopher Franklin Chief Executive Officer & Chairman
Daniel Schuller Ph.D Chief Financial Officer, Finance & Executive Vice President
Kim Edvardsson Vice President of Finance and Segment Chief Financial Officer, Gas at Peoples Gas
Robert Rubin Chief Accounting Officer, Accounting & Controller, Finance
Susan Haindl Chief Administrative Officer & Senior Vice President
You’re viewing 5 of 38 executive team members. Get the full list »

Essential Utilities Board Members (12)

Name Representing Role Since
00000000000 000000 Essential Utilities Chief Executive Officer & Chairman 000 0000
000000 00000000 Essential Utilities Board Member 000 0000
00000 000000000 Self Board Member 000 0000
000000 00000 Essential Utilities Board Member 000 0000
000000000 00000 Essential Utilities Board Member 000 0000
You’re viewing 5 of 12 board members. Get the full list »

Essential Utilities Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Essential Utilities Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Essential Utilities‘s full profile, request access.

Request a free trial

Essential Utilities Investments & Acquisitions (141)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
The Commons Water Supply (Water Treatment and Distribution System) 01-Aug-2021 000000000 000 Buildings and Property 000000000
Essential Utilities (Municipal Water System in Illinois) 01-Apr-2021 000000000 000.00 Buildings and Property
Willistown Township (Municipality's Wastewater Assets) 28-Jan-2021 000000000 000.00 Buildings and Property 000000000
East Whiteland Township (Wastewater Assets in Pennsylvania) 13-Jan-2021 000000000 0000 Buildings and Property 000000000
Peoples Natural Gas 16-Mar-2020 Merger/Acquisition 00.000 Gas Utilities 000000000
You’re viewing 5 of 141 investments and acquisitions. Get the full list »

Essential Utilities Subsidiaries (12)

Company Name Industry Location Founded
Stony Creek Farms (Pennsylvania) Water Utilities East Norriton, PA 2009
Aqua Texas Environmental Services (B2B) Fulshear, TX 0000
Aqua Indiana Environmental Services (B2B) Pendleton, IN 0000
Aqua Creations New Jersey Construction and Engineering New York, NY 0000
Aqua Virginia Water Utilities Rockville, VA 0000
You’re viewing 5 of 12 subsidiaries. Get the full list »

Essential Utilities ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

18.51 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

00.00

Percentile

Utilities

Industry

00 of 678

Rank

00.00

Percentile

Multi-Utilities

Subindustry

00 of 105

Rank

00.00

Percentile

To view Essential Utilities’s complete esg history, request access »

Essential Utilities Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Applewood Water Company 07-Apr-2004 000000000000000000 Completed
  • 000000000 00000000
To view Essential Utilities’s complete exits history, request access »

Essential Utilities FAQs

  • When was Essential Utilities founded?

    Essential Utilities was founded in 1886.

  • Who is the CEO of Essential Utilities?

    Christopher Franklin is the CEO of Essential Utilities.

  • Where is Essential Utilities headquartered?

    Essential Utilities is headquartered in Bryn Mawr, PA.

  • What is the size of Essential Utilities?

    Essential Utilities has 3,258 total employees.

  • What industry is Essential Utilities in?

    Essential Utilities’s primary industry is Multi-Utilities.

  • Is Essential Utilities a private or public company?

    Essential Utilities is a Public company.

  • What is Essential Utilities’s stock symbol?

    The ticker symbol for Essential Utilities is WTRG.

  • What is the current stock price of Essential Utilities?

    As of 24-Jun-2024 the stock price of Essential Utilities is $37.94.

  • What is the current market cap of Essential Utilities?

    The current market capitalization of Essential Utilities is $10.4B.

  • What is Essential Utilities’s current revenue?

    The trailing twelve month revenue for Essential Utilities is $1.94B.

  • Who are Essential Utilities’s competitors?

    American Water, California Water Service Group, Eversource Energy, Southern Company, and Just Energy Group are some of the 8 competitors of Essential Utilities.

  • What is Essential Utilities’s annual earnings per share (EPS)?

    Essential Utilities’s EPS for 12 months was $2.12.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »