Essential Utilities (WTRG) Gross Margin (2009 - 2026)
Essential Utilities (WTRG) reported Gross Margin of 79.6% for Q1 2026, down 281.0% year-over-year from 43.98% in Q1 2025, and up 11.54% on a QoQ basis from 71.37% in Q4 2025.
Essential Utilities (WTRG) has 18 years of Gross Margin data on file, last reported at 79.6% in Q1 2026.
- Quarterly Gross Margin fell 281.0% year-over-year to 79.6% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 73.46% (down 49.0% YoY) and the FY2025 annual result came in at 74.15%, up 230.0% from the prior year.
- Gross Margin rose to 79.6% in Q1 2026 per WTRG's latest filing, from 71.37% in the prior quarter.
- Across five years, Gross Margin topped out at 82.41% in Q1 2025 and bottomed at 64.25% in Q3 2023.
- The 5-year median for Gross Margin is 71.16% (2025), against an average of 72.21%.
- The widest annual swing landed in 2023, when Gross Margin sank 656 bps; it then soared 570 bps in 2024.
- Tracing WTRG's Gross Margin over 5 years: stood at 73.81% in 2022, then fell by 9 bps to 67.25% in 2023, then increased by 8 bps to 72.95% in 2024, then dropped by 2 bps to 71.37% in 2025, then grew by 12 bps to 79.6% in 2026.
- Per Business Quant, the three latest WTRG Gross Margin figures stand at 79.6% (Q1 2026), 71.37% (Q4 2025), and 67.9% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 24.16 Bn | 24.02 Bn | 714.00 Mn | 59.15% |
| 2 | Aris Mining | 20.33 Bn | 19.86 Bn | 233.28 Mn | 62.63% |
| 3 | Essential Utilities | 10.48 Bn | 10.40 Bn | 685.96 Mn | 79.60% |
| 4 | American States Water | 2.94 Bn | 2.93 Bn | 104.19 Mn | 94.64% |
| 5 | California Water Service | 2.58 Bn | 2.48 Bn | 183.34 Mn | 85.44% |
| 6 | H2O America | 2.18 Bn | 2.03 Bn | 171.30 Mn | 93.45% |
| 7 | Middlesex Water | 959.61 Mn | 957.57 Mn | 25.70 Mn | 52.76% |
| 8 | Consolidated Water | 465.28 Mn | 344.14 Mn | 10.92 Mn | 36.42% |
| 9 | York Water | 430.12 Mn | 430.12 Mn | 13.98 Mn | 70.00% |
| 10 | Artesian Resources | 332.86 Mn | 328.60 Mn | 26.56 Mn | 95.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.60% |
| Dec 31, 2025 | 71.37% |
| Sep 30, 2025 | 67.90% |
| Jun 30, 2025 | 71.16% |
| Mar 31, 2025 | 82.41% |
| Dec 31, 2024 | 72.95% |
| Sep 30, 2024 | 66.83% |
| Jun 30, 2024 | 67.19% |
| Mar 31, 2024 | 77.63% |
| Dec 31, 2023 | 67.25% |
| Sep 30, 2023 | 64.25% |
| Jun 30, 2023 | 69.43% |
| Mar 31, 2023 | 81.00% |
| Dec 31, 2022 | 73.81% |
| Sep 30, 2022 | 65.17% |
| Jun 30, 2022 | 69.92% |
| Mar 31, 2022 | 79.61% |
| Dec 31, 2021 | 70.39% |
| Sep 30, 2021 | 61.49% |
| Jun 30, 2021 | 67.88% |
| Mar 31, 2021 | 78.57% |
| Dec 31, 2020 | 66.84% |
| Sep 30, 2020 | 60.94% |
| Jun 30, 2020 | 54.12% |
| Mar 31, 2020 | 58.28% |
| Dec 31, 2019 | 62.25% |
| Sep 30, 2019 | 66.33% |
| Jun 30, 2019 | 60.51% |
| Mar 31, 2019 | 60.57% |
| Dec 31, 2018 | 55.09% |
| Sep 30, 2018 | 69.65% |
| Jun 30, 2018 | 65.30% |
| Mar 31, 2018 | 61.95% |
| Dec 31, 2017 | 61.63% |
| Sep 30, 2017 | 68.96% |
| Jun 30, 2017 | 65.78% |
| Mar 31, 2017 | 63.85% |
| Dec 31, 2016 | 60.59% |
| Sep 30, 2016 | 64.78% |
| Jun 30, 2016 | 63.71% |
| Mar 31, 2016 | 61.82% |
| Dec 31, 2015 | 60.49% |
| Sep 30, 2015 | 64.48% |
| Jun 30, 2015 | 61.24% |
| Mar 31, 2015 | 61.55% |
| Dec 31, 2014 | 61.27% |
| Sep 30, 2014 | 65.62% |
| Jun 30, 2014 | 63.97% |
| Mar 31, 2014 | 60.76% |
| Dec 31, 2013 | 60.59% |
| Sep 30, 2013 | 64.60% |
| Jun 30, 2013 | 63.69% |
| Mar 31, 2013 | 62.03% |
| Dec 31, 2012 | 61.50% |
| Sep 30, 2012 | 66.78% |
| Jun 30, 2012 | 66.84% |
| Mar 31, 2012 | 60.48% |
| Dec 31, 2011 | -3,541.95% |
| Sep 30, 2011 | -3,541.95% |
| Jun 30, 2011 | -3,369.88% |
| Mar 31, 2011 | 61.68% |
| Dec 31, 2010 | 60.54% |
| Sep 30, 2010 | 64.42% |
| Jun 30, 2010 | 61.22% |
| Mar 31, 2010 | 58.17% |
| Dec 31, 2009 | 53.09% |
| Sep 30, 2009 | 62.12% |
| Jun 30, 2009 | 59.03% |