Unitil (UTL) Total Operating Expenses (2010 - 2026)
Unitil (UTL) reported Operating Expenses of $105.8 million for Q3 2026, up 12.4% from $94.1 million a year earlier and up 4.1% from the prior quarter.
Unitil (UTL) Total Operating Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Unitil's Operating Expenses came in at $495.2 million, up 21.6% year-over-year; for FY2025, it came in at $434.8 million, up 7.6% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- By year, Operating Expenses came in at $404.2 million in FY2024 (-14.0%), $470 million in FY2023 (-2.6%), $482.7 million in FY2022 (+22.0%) and $395.5 million in FY2021 (+13.9%).
- Five-year quarterly Operating Expenses spans a low of $83.3 million in Q2 2024 and a high of $180.7 million in Q1 2023.
- Year over year, Operating Expenses has now increased in each of the last six quarters, with growth averaging 11.1% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q1 2022 (growth of 48.8%); the low point was Q1 2024 (a decline of 25.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $101.6 million (Q2 2026), $161 million (Q1 2026) and $126.8 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn |
| 10 | Unitil | 1.01 Bn | 953.94 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 105.80 Mn |
| Jun 30, 2026 | 101.60 Mn |
| Mar 31, 2026 | 161.00 Mn |
| Dec 31, 2025 | 126.80 Mn |
| Sep 30, 2025 | 94.10 Mn |
| Jun 30, 2025 | 89.30 Mn |
| Mar 31, 2025 | 124.60 Mn |
| Dec 31, 2024 | 99.30 Mn |
| Sep 30, 2024 | 87.10 Mn |
| Jun 30, 2024 | 83.30 Mn |
| Mar 31, 2024 | 134.50 Mn |
| Dec 31, 2023 | 101.80 Mn |
| Sep 30, 2023 | 95.90 Mn |
| Jun 30, 2023 | 91.60 Mn |
| Mar 31, 2023 | 180.70 Mn |
| Dec 31, 2022 | 135.90 Mn |
| Sep 30, 2022 | 103.00 Mn |
| Jun 30, 2022 | 87.00 Mn |
| Mar 31, 2022 | 156.80 Mn |
| Dec 31, 2021 | 113.40 Mn |
Unitil Total Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-operating-expenses&ticker=UTL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-operating-expenses", "ticker": "UTL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=total-operating-expenses&ticker=UTL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();