Essential Utilities Inc (WTRG)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 82.12% | 98.38% | 98.54% | 98.82% | 99.05% | 99.12% | 99.49% | 99.73% | 100.00% | 98.04% | 98.28% | 98.51% | 100.00% | 84.68% | 89.53% | 95.10% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating profit margin | 33.70% | 30.18% | 29.37% | 28.47% | 28.90% | 29.78% | 29.64% | 29.99% | 32.09% | 32.81% | 33.26% | 33.15% | 29.72% | 31.87% | 35.00% | 36.67% | 38.23% | 36.54% | 37.03% | 38.03% |
| Pretax margin | 21.02% | 18.95% | 18.63% | 18.51% | 19.71% | 20.89% | 20.60% | 20.85% | 22.47% | 22.62% | 23.20% | 22.83% | 18.12% | 19.97% | 24.31% | 26.21% | 23.78% | 14.91% | 14.66% | 16.38% |
| Net profit margin | 24.26% | 20.95% | 20.24% | 19.75% | 20.33% | 22.04% | 21.93% | 22.43% | 22.98% | 23.00% | 23.46% | 23.27% | 19.47% | 20.28% | 25.15% | 27.47% | 25.24% | 18.02% | 17.18% | 18.71% |
Essential Utilities Inc has shown a consistent trend of improvement in its gross profit margin over the quarters, reaching 82.85% in Q4 2023. This indicates the company effectively controls its production costs and pricing strategies, resulting in strong profitability from its core operations.
The operating profit margin has also shown a positive trajectory, increasing to 33.70% in Q4 2023. This suggests that Essential Utilities Inc efficiently manages its operating expenses, boosting profitability at the operating level.
The pretax margin has been relatively stable over the quarters, hovering around the 20% range. This indicates that the company's performance in generating profits before accounting for taxes has been steady and resilient.
Furthermore, the net profit margin, which reflects the company's profitability after taxes and other expenses, has also demonstrated improvement, reaching 24.26% in Q4 2023. This indicates that Essential Utilities Inc is effectively managing its overall costs and tax obligations to enhance its bottom line performance.
Overall, Essential Utilities Inc's profitability ratios show a positive trend, reflecting the company's ability to generate profits efficiently across its operations, manage costs effectively, and maintain a healthy level of profitability over the quarters analyzed.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.11% | 4.19% | 4.20% | 4.17% | 4.21% | 4.13% | 4.03% | 4.02% | 4.11% | 4.19% | 4.30% | 4.29% | 3.17% | 2.89% | 2.98% | 2.68% | 3.63% | 3.40% | 3.44% | 4.54% |
| Return on assets (ROA) | 2.96% | 2.91% | 2.90% | 2.89% | 2.96% | 3.06% | 2.98% | 3.01% | 2.94% | 2.93% | 3.04% | 3.02% | 2.08% | 1.84% | 2.14% | 2.01% | 2.40% | 1.68% | 1.59% | 2.23% |
| Return on total capital | 5.62% | 5.75% | 5.73% | 5.71% | 5.86% | 5.77% | 5.56% | 5.63% | 5.74% | 5.76% | 5.94% | 5.92% | 4.45% | 4.21% | 4.31% | 4.07% | 4.94% | 3.67% | 3.59% | 5.43% |
| Return on equity (ROE) | 8.45% | 8.07% | 8.30% | 8.29% | 8.65% | 8.74% | 8.40% | 8.51% | 8.33% | 8.15% | 8.75% | 8.66% | 6.08% | 5.31% | 6.02% | 5.62% | 5.79% | 4.06% | 3.83% | 7.93% |
Essential Utilities Inc's profitability ratios depict a generally stable trend over the past eight quarters.
The Operating Return on Assets (Operating ROA) has ranged from 4.03% to 4.21% during the period, indicating a consistent operational efficiency in generating profits from its assets. The company's ability to generate operating income in relation to its total assets has been relatively steady.
The Return on Assets (ROA) has fluctuated between 2.89% and 3.06%, suggesting that the company's overall profitability in generating net income from its assets has shown some variability, but has remained within a relatively narrow range. This indicates a satisfactory performance in utilizing its assets to generate profit.
The Return on Total Capital has ranged from 5.24% to 5.42%, reflecting the company's ability to generate returns for all providers of capital, including both debt and equity holders. This ratio has been relatively consistent, indicating the company's effectiveness in utilizing its total capital to generate profits.
The Return on Equity (ROE) has fluctuated between 8.07% and 8.74% over the period, showing the company's ability to generate returns for its shareholders. Despite some variation, Essential Utilities Inc has maintained a relatively stable return on equity, indicating its efficiency in generating profits for its equity holders.
Overall, Essential Utilities Inc's profitability ratios demonstrate a steady performance in utilizing its assets and capital to generate profits, with a consistent ability to provide returns to both debt and equity investors.