Essential Utilities (WTRG) Net Margin (2009 - 2026)
Essential Utilities' Net Margin came in at 19.92% for Q2 2026, down 1.03 percentage points from 20.94% a year earlier and down 6.12 percentage points from the prior quarter.
Powered by 
Analysis
Essential Utilities (WTRG) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Essential Utilities reported Net Margin of 21.60%, down 6.02 percentage points year-over-year; for FY2025, it came in at 24.91%, down 3.63 percentage points from FY2024.
- Net Margin carries a five-year change of +5.43 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 28.54% in FY2024 (+4.28 pp), 24.26% in FY2023 (+3.92 pp), 20.33% in FY2022 (-2.65 pp) and 22.98% in FY2021 (+3.51 pp).
- The five-year range for quarterly Net Margin is 13.96% (Q3 2021) to 43.42% (Q1 2024).
- Year-over-year, Net Margin has declined for three consecutive quarters, with an average year-over-year change of -3.03 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q1 2024 (a gain of 17.07 percentage points), and the weakest in Q4 2025 (a drop of 11.59 percentage points).
- Business Quant data shows WTRG's Net Margin at 26.04% (Q1 2026), 18.98% (Q4 2025) and 19.30% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 11.99% |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 7.59% |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 18.79% |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 14.51% |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 15.01% |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 13.51% |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 27.61% |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 23.25% |
| 10 | Essential Utilities | 11.05 Bn | 10.93 Bn | - | 19.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.92% |
| Mar 31, 2026 | 26.04% |
| Dec 31, 2025 | 18.98% |
| Sep 30, 2025 | 19.30% |
| Jun 30, 2025 | 20.94% |
| Mar 31, 2025 | 36.21% |
| Dec 31, 2024 | 30.57% |
| Sep 30, 2024 | 15.95% |
| Jun 30, 2024 | 17.35% |
| Mar 31, 2024 | 43.42% |
| Dec 31, 2023 | 28.25% |
| Sep 30, 2023 | 19.47% |
| Jun 30, 2023 | 20.90% |
| Mar 31, 2023 | 26.35% |
| Dec 31, 2022 | 16.29% |
| Sep 30, 2022 | 15.79% |
| Jun 30, 2022 | 18.34% |
| Mar 31, 2022 | 28.51% |
| Dec 31, 2021 | 21.75% |
| Sep 30, 2021 | 13.96% |
API Access
Essential Utilities Net Margin 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=net-margin&ticker=WTRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "WTRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=WTRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();