Essential Utilities (WTRG) Net Margin (2009 - 2026)
Essential Utilities (WTRG) posted quarterly Net Margin of 26.04% for Q1 2026, down 1018.0% year-over-year from 2.84% in Q1 2025, and up 23.13% quarter-over-quarter from 21.15% in Q4 2025.
Essential Utilities (WTRG) Net Margin (2009 - 2026) Analysis & Trends
Essential Utilities (WTRG) has reported Net Margin for 18 consecutive years, with 26.04% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 1018.0% year-over-year to 26.04%; the TTM figure through Mar 2026 stood at 22.41% (down 347.0% YoY), while the FY2025 annual figure was 25.05%, down 244.0% from the prior year.
- Net Margin rose to 26.04% in Q1 2026 per WTRG's latest filing, from 21.15% in the prior quarter.
- Across five years, Net Margin topped out at 43.42% in Q1 2024 and bottomed at 14.88% in Q4 2022.
- Historically, Net Margin has averaged 23.07% across 5 years, with a median of 20.94% in 2025.
- Annual changes were most pronounced in 2024 — Net Margin jumped 1707 bps — and 2026, when it tumbled 1018 bps.
- Essential Utilities' Net Margin stood at 14.88% in 2022, then soared by 47 bps to 21.82% in 2023, then increased by 18 bps to 25.79% in 2024, then slipped by 18 bps to 21.15% in 2025, then climbed by 23 bps to 26.04% in 2026.
- Business Quant data shows WTRG's Net Margin at 26.04% in Q1 2026, 21.15% in Q4 2025, and 19.3% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.58 Bn | 26.39 Bn | - | 23.25% |
| 2 | Essential Utilities | 11.32 Bn | 11.31 Bn | - | 19.92% |
| 3 | American States Water | 3.38 Bn | 3.36 Bn | 278.03 Mn | 9.45% |
| 4 | California Water Service | 3.02 Bn | 2.93 Bn | 263.45 Mn | 11.52% |
| 5 | H2O America | 2.61 Bn | 2.50 Bn | 197.11 Mn | 12.62% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 26.18% |
| 7 | York Water | 516.69 Mn | 516.13 Mn | - | 32.38% |
| 8 | Consolidated Water | 516.64 Mn | 390.31 Mn | 10.92 Mn | -0.14% |
| 9 | Artesian Resources | 361.34 Mn | 357.08 Mn | 26.56 Mn | 7.16% |
| 10 | Pure Cycle | 274.79 Mn | 266.35 Mn | 4.29 Mn | 35.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.92% |
| Mar 31, 2026 | 26.04% |
| Dec 31, 2025 | 21.15% |
| Sep 30, 2025 | 19.30% |
| Jun 30, 2025 | 20.94% |
| Mar 31, 2025 | 36.21% |
| Dec 31, 2024 | 25.79% |
| Sep 30, 2024 | 15.95% |
| Jun 30, 2024 | 17.35% |
| Mar 31, 2024 | 43.42% |
| Dec 31, 2023 | 21.82% |
| Sep 30, 2023 | 19.47% |
| Jun 30, 2023 | 20.90% |
| Mar 31, 2023 | 26.35% |
| Dec 31, 2022 | 14.88% |
| Sep 30, 2022 | 15.79% |
| Jun 30, 2022 | 18.34% |
| Mar 31, 2022 | 28.51% |
| Dec 31, 2021 | 18.03% |
| Sep 30, 2021 | 13.96% |