Essential Utilities (WTRG) Tax Provisions (2009 - 2026)
Essential Utilities (WTRG) posted quarterly Tax Provisions of $6.4 million for Q1 2026, up 131.01% year-over-year from $2.8 million in Q1 2025, and up 48.57% quarter-over-quarter from $4.3 million in Q3 2025.
Essential Utilities (WTRG) Tax Provisions (2009 - 2026) Analysis & Trends
Essential Utilities (WTRG) has reported Tax Provisions for 18 consecutive years, with $6.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 131.01% year-over-year to $6.4 million; the TTM figure through Mar 2026 stood at -$5.3 million (up 60.56% YoY), while the FY2019 annual figure was -$13.0 million, up 4.77% from the prior year.
- Tax Provisions grew to $6.4 million in Q1 2026 per WTRG's latest filing, from $4.3 million in the prior quarter.
- Across five years, Tax Provisions topped out at $15.8 million in Q3 2024 and bottomed at -$31.6 million in Q1 2023.
- Historically, Tax Provisions has averaged -$2.9 million across 5 years, with a median of $1.9 million in 2024.
- Annual changes were most pronounced in 2022 — Tax Provisions sank 461.58% — and 2024, when it surged 808.75%.
- Essential Utilities' Tax Provisions stood at $4.8 million in 2022, then tumbled by 177.36% to -$3.7 million in 2023, then jumped by 526.84% to $15.8 million in 2024, then slumped by 72.86% to $4.3 million in 2025, then surged by 48.57% to $6.4 million in 2026.
- Business Quant data shows WTRG's Tax Provisions at $6.4 million in Q1 2026, $4.3 million in Q3 2025, and $4.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 27.63 Bn | 27.44 Bn | - | 90.00 Mn |
| 2 | Essential Utilities | 11.49 Bn | 11.42 Bn | - | 3.39 Mn |
| 3 | American States Water | 3.42 Bn | 3.40 Bn | 278.03 Mn | 7.73 Mn |
| 4 | California Water Service | 3.13 Bn | 3.04 Bn | 263.45 Mn | 15.59 Mn |
| 5 | H2O America | 2.62 Bn | 2.52 Bn | 197.11 Mn | 4.00 Mn |
| 6 | Middlesex Water | 1.10 Bn | 1.10 Bn | - | 1.79 Mn |
| 7 | Consolidated Water | 487.85 Mn | 366.70 Mn | 10.92 Mn | 202,700.00 |
| 8 | York Water | 458.33 Mn | 458.33 Mn | - | 166,000.00 |
| 9 | Artesian Resources | 327.09 Mn | 322.83 Mn | 26.56 Mn | 2.06 Mn |
| 10 | Pure Cycle | 260.97 Mn | 252.53 Mn | 4.29 Mn | 955,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.39 Mn |
| Mar 31, 2026 | 6.39 Mn |
| Sep 30, 2025 | 4.30 Mn |
| Jun 30, 2025 | 4.57 Mn |
| Mar 31, 2025 | -20.60 Mn |
| Sep 30, 2024 | 15.84 Mn |
| Jun 30, 2024 | 1.86 Mn |
| Mar 31, 2024 | -10.64 Mn |
| Sep 30, 2023 | -3.71 Mn |
| Jun 30, 2023 | -263,000.00 |
| Mar 31, 2023 | -31.64 Mn |
| Sep 30, 2022 | 4.80 Mn |
| Jun 30, 2022 | 8.10 Mn |
| Mar 31, 2022 | -17.23 Mn |
| Sep 30, 2021 | 1.77 Mn |
| Jun 30, 2021 | 3.79 Mn |
| Mar 31, 2021 | 4.77 Mn |
| Sep 30, 2020 | 4.03 Mn |
| Jun 30, 2020 | 462,000.00 |
| Mar 31, 2020 | -7.12 Mn |