Essential Utilities (WTRG) Tax Rate (2009 - 2026)
Essential Utilities (WTRG) reported Tax Rate of 3.11% for Q2 2026, down 0.96 percentage points from 4.07% a year earlier but up 0.34 percentage points from the prior quarter.
Essential Utilities (WTRG) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Essential Utilities' Tax Rate came in at 5.01%, up 9.72 percentage points year-over-year; for FY2025, it was 0.56%, up 4.36 percentage points from FY2024.
- Tax Rate has a five-year change of +8.06 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -3.81% in FY2024 (+11.58 pp), -15.39% in FY2023 (-12.21 pp), -3.18% in FY2022 (-0.90 pp) and -2.28% in FY2021 (+5.22 pp).
- Five-year quarterly Tax Rate spans a low of -29.47% in Q4 2023 and a high of 18.58% in Q3 2024.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +7.09 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2025 (a gain of 28.80 percentage points); the low point was Q4 2023 (a drop of 19.95 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.77% (Q1 2026), 10.26% (Q4 2025) and 4.46% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | - |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 13.60% |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 17.55% |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 6.75% |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 16.49% |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 22.09% |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 21.26% |
| 10 | Essential Utilities | 11.17 Bn | 11.04 Bn | - | 3.11% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.11% |
| Mar 31, 2026 | 2.77% |
| Dec 31, 2025 | 10.26% |
| Sep 30, 2025 | 4.46% |
| Jun 30, 2025 | 4.07% |
| Sep 30, 2024 | 18.58% |
| Jun 30, 2024 | 2.41% |
| Sep 30, 2022 | 6.53% |
| Jun 30, 2022 | 8.96% |
| Sep 30, 2021 | 3.38% |
| Jun 30, 2021 | 4.47% |
| Mar 31, 2021 | 2.53% |
| Sep 30, 2020 | 6.74% |
| Jun 30, 2020 | 0.62% |
| Sep 30, 2018 | 4.79% |
| Dec 31, 2017 | 8.57% |
| Sep 30, 2017 | 4.27% |
| Jun 30, 2017 | 8.37% |
| Mar 31, 2017 | 5.63% |
| Dec 31, 2016 | 7.53% |
Essential Utilities Tax Rate 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=tax-rate&ticker=WTRG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WTRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();