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Essential Utilities Inc (NYSE: WTRG) |
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Description of Essential Utilities Inc's Business Segments
Essential Utilities Inc. is a prominent utility holding company dedicated to delivering vital services focused on water, natural gas, and electricity throughout the United States. The company is strategically organized into two main segments: regulated utilities and complementary services, each offering a distinct range of products and services designed to meet the needs of millions of customers across various states.
Regulated Utilities
The Regulated Utilities segment primarily encompasses water and wastewater services. Serving approximately 5 million individuals, Essential Utilities has a strong presence across multiple states, including Pennsylvania, Ohio, North Carolina, Texas, Illinois, Wisconsin, and New Jersey. Notable operating units within this segment include Aqua Pennsylvania, Aqua Ohio, Aqua Texas, Aqua Illinois, Aqua North Carolina, Aqua Indiana, Aquarion Water, and Peoples Gas.
Products and Services Offered by the Regulated Utilities Segment:
1. Water Supply: Essential Utilities provides an essential service of delivering clean and safe drinking water. This includes the entire process of water supply management, incorporating filtration, purification, and treatment to ensure that the water meets or exceeds regulatory standards established by the Environmental Protection Agency (EPA) and applicable state regulations.
2. Wastewater Treatment: This critical service includes the collection, treatment, and safe disposal of wastewater, with the goal of protecting public health and the environment. The treated wastewater is treated to meet environmental standards before being discharged into local water bodies, thus ensuring ecological sustainability.
3. Billing and Payment Services: To enhance customer convenience, Essential Utilities offers a comprehensive array of billing and payment options. Customers can manage their accounts online, pay their bills via multiple channels (such as online, by mail, or over the phone), and access customer service through telephone, email, or live chat support. These services aim to streamline customer interactions and improve overall satisfaction.
Complementary Services
The Complementary Services segment focuses on providing additional utility-related offerings aimed at enhancing energy efficiency and expanding access to essential services. This includes natural gas distribution, fiber-optic broadband infrastructure, and renewable energy solutions.
Products and Services Offered by the Complementary Services Segment:
1. Gas Distribution: Essential Utilities supplies natural gas to approximately 740,000 customers in regions such as Pennsylvania, Ohio, Kentucky, and West Virginia. The natural gas distribution network is backed by committed customer support, 24/7 emergency services, and robust infrastructure maintenance and pipeline construction operations that ensure the safe and reliable delivery of natural gas.
2. Fiber-Optic Broadband Services: Targeting both residential and business customers, Essential Utilities provides high-speed fiber-optic broadband services. Available in states like Pennsylvania, New York, and Maine, these services allow for internet speeds of up to 1 Gbps, supporting a wide range of applications such as video streaming, cloud computing, and teleworking solutions. This expansion into broadband reflects the company's commitment to embracing technological advancement and meeting modern connectivity needs.
3. Renewable Energy Services: Essential Utilities is actively engaged in transitioning to sustainable energy solutions by offering renewable energy services, including solar energy. Their offerings range from the installation of solar panels to comprehensive solutions involving financing, design, and ongoing maintenance. By promoting renewable solutions, the company aims to assist customers in reducing their carbon footprints and exploring cleaner energy options.
Conclusion
Overall, Essential Utilities Inc. remains steadfast in its mission to provide indispensable utility services while simultaneously investing in innovative technologies and eco-friendly energy solutions. The organization's dual focus on regulated utilities and complementary services ensures that it meets the diverse needs of its customer base and positions itself as a responsible leader in the utility sector. Through continuous improvement and expansion of its offerings, Essential Utilities is well-prepared to address the evolving demands of the marketplace and the broader goal of sustainability in energy consumption.
Composition of Essential Utilities Inc Revenues by
Segments |
| |
| Regulated Water |
|
 38.39 % |
of total Revenue |
| Regulated Water Residential |
|
20.91 % |
of total Revenue |
| Regulated Water Commercial |
|
5.8 % |
of total Revenue |
| Regulated Water Fire Protection |
|
1.42 % |
of total Revenue |
| Regulated Water Industrial |
|
1.16 % |
of total Revenue |
| Regulated Water Other Water |
|
2.25 % |
of total Revenue |
| Regulated Water Alternative Revenue Program |
|
-0.04 % |
of total Revenue |
| Wastewater |
|
6.55 % |
of total Revenue |
| Wastewater Residential |
|
4.9 % |
of total Revenue |
| Wastewater Commercial |
|
1.17 % |
of total Revenue |
| Wastewater Industrial |
|
0.08 % |
of total Revenue |
| Wastewater Other Wastewater |
|
0.4 % |
of total Revenue |
| Wastewater Alternative Revenue Program |
|
-0.03 % |
of total Revenue |
| Regulated Natural Gas |
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60.08 % |
of total Revenue |
| Regulated Natural Gas Residential |
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38.55 % |
of total Revenue |
| Regulated Natural Gas Commercial |
|
7.83 % |
of total Revenue |
| Regulated Natural Gas Industrial |
|
0.16 % |
of total Revenue |
| Regulated Natural Gas Gas Transportation Storage |
|
12.32 % |
of total Revenue |
| Regulated Natural Gas Other Utility |
|
1.37 % |
of total Revenue |
| Regulated Natural Gas Alternative Revenue Program |
|
-0.15 % |
of total Revenue |
| Other |
|
1.9 % |
of total Revenue |
| Other Other Utility |
|
0.37 % |
of total Revenue |
| Other Other And Eliminations |
|
1.53 % |
of total Revenue |
| Regulated Natural Gas InterEliminations |
|
-0.17 % |
of total Revenue |
| Total Reportable Segments |
|
98.47 % |
of total Revenue |
| Total Reportable InterEliminations |
|
-0.17 % |
of total Revenue |
| Other And Eliminations |
|
1.53 % |
of total Revenue |
| Other And Eliminations InterEliminations |
|
-0.17 % |
of total Revenue |
Q1 three months ended (Mar 31 2025)
|
| Revenues by Business Segments |
Revenues
(in millions $) |
%
(of total Revenues) |
| Regulated Water |
300.85 |
38.39 % |
| Regulated Water Residential |
163.88 |
20.91 % |
| Regulated Water Commercial |
45.48 |
5.8 % |
| Regulated Water Fire Protection |
11.15 |
1.42 % |
| Regulated Water Industrial |
9.05 |
1.16 % |
| Regulated Water Other Water |
17.67 |
2.25 % |
| Regulated Water Alternative Revenue Program |
-0.31 |
-0.04 % |
| Wastewater |
51.30 |
6.55 % |
| Wastewater Residential |
38.36 |
4.9 % |
| Wastewater Commercial |
9.18 |
1.17 % |
| Wastewater Industrial |
0.60 |
0.08 % |
| Wastewater Other Wastewater |
3.16 |
0.4 % |
| Wastewater Alternative Revenue Program |
-0.27 |
-0.03 % |
| Regulated Natural Gas |
470.80 |
60.08 % |
| Regulated Natural Gas Residential |
302.07 |
38.55 % |
| Regulated Natural Gas Commercial |
61.35 |
7.83 % |
| Regulated Natural Gas Industrial |
1.27 |
0.16 % |
| Regulated Natural Gas Gas Transportation Storage |
96.52 |
12.32 % |
| Regulated Natural Gas Other Utility |
10.76 |
1.37 % |
| Regulated Natural Gas Alternative Revenue Program |
-1.19 |
-0.15 % |
| Other |
14.87 |
1.9 % |
| Other Other Utility |
2.89 |
0.37 % |
| Other Other And Eliminations |
11.98 |
1.53 % |
| Regulated Natural Gas InterEliminations |
-1.35 |
-0.17 % |
| Total Reportable Segments |
771.65 |
98.47 % |
| Total Reportable InterEliminations |
-1.35 |
-0.17 % |
| Other And Eliminations |
11.98 |
1.53 % |
| Other And Eliminations InterEliminations |
-1.35 |
-0.17 % |
| Total |
783.63 |
100 % |
Q1 three months ended (Mar 31 2025)
|
| Revenue Growth rates by Segment |
Y/Y Revenue
% |
Q/Q Revenue
% |
| Regulated Water |
7.49 % |
- |
| Regulated Water Residential |
7.93 % |
- |
| Regulated Water Commercial |
8.96 % |
- |
| Regulated Water Fire Protection |
7.45 % |
- |
| Regulated Water Industrial |
11.16 % |
- |
| Regulated Water Other Water |
13.21 % |
- |
| Regulated Water Alternative Revenue Program |
- |
- |
| Wastewater |
5.25 % |
- |
| Wastewater Residential |
7.77 % |
- |
| Wastewater Commercial |
2.2 % |
- |
| Wastewater Industrial |
10.89 % |
- |
| Wastewater Other Wastewater |
-12.8 % |
- |
| Wastewater Alternative Revenue Program |
- |
- |
| Regulated Natural Gas |
45.16 % |
- |
| Regulated Natural Gas Residential |
45.98 % |
- |
| Regulated Natural Gas Commercial |
45.48 % |
- |
| Regulated Natural Gas Industrial |
43.15 % |
- |
| Regulated Natural Gas Gas Transportation Storage |
36.93 % |
- |
| Regulated Natural Gas Other Utility |
298.37 % |
- |
| Regulated Natural Gas Alternative Revenue Program |
- |
- |
| Other |
39.59 % |
- |
| Other Other Utility |
2.88 % |
- |
| Other Other And Eliminations |
52.74 % |
- |
| Regulated Natural Gas InterEliminations |
- |
- |
| Total Reportable Segments |
27.71 % |
- |
| Total Reportable InterEliminations |
- |
- |
| Other And Eliminations |
52.74 % |
- |
| Other And Eliminations InterEliminations |
- |
- |
| Total |
28.03 % |
-62.44 % |
Q1 three months ended (Mar 31 2025)
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| Income by Business Segments |
Income
(in millions $) |
%
(Profit Margin) |
| Total |
283.79 |
36.21 % |
Q1 three months ended (Mar 31 2025)
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| Income Growth rates by Segment |
Y/Y Income
% |
Q/Q Income
% |
| Total |
6.78 % |
-52.33 % |
Annual Report on Essential Utilities Inc Divisions, Sales by Country |
| |
| Regulated Water |
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58.57 % |
of total Revenue |
| Wastewater |
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9.56 % |
of total Revenue |
| Regulated Natural Gas |
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40.41 % |
of total Revenue |
| Other |
|
1.56 % |
of total Revenue |
| Other Other And Eliminations |
|
1.02 % |
of total Revenue |
| Regulated Natural Gas InterEliminations |
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-0.12 % |
of total Revenue |
| Total Reportable Segments |
|
98.98 % |
of total Revenue |
| Total Reportable InterEliminations |
|
-0.12 % |
of total Revenue |
| Other And Eliminations |
|
1.02 % |
of total Revenue |
| Other And Eliminations InterEliminations |
|
-0.12 % |
of total Revenue |
| Residential Regulated Water |
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31.78 % |
of total Revenue |
| Residential Wastewater |
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7.04 % |
of total Revenue |
| Residential Regulated Natural Gas |
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24.18 % |
of total Revenue |
| Commercial Regulated Water |
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8.94 % |
of total Revenue |
| Commercial Wastewater |
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1.77 % |
of total Revenue |
| Commercial Regulated Natural Gas |
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4.83 % |
of total Revenue |
| Fire Protection Regulated Water |
|
2.03 % |
of total Revenue |
| Industrial Regulated Water |
|
1.67 % |
of total Revenue |
| Industrial Wastewater |
|
0.13 % |
of total Revenue |
| Industrial Regulated Natural Gas |
|
0.11 % |
of total Revenue |
| Gas Transportation Regulated Natural Gas |
|
9.32 % |
of total Revenue |
| Other Water Regulated Water |
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3.88 % |
of total Revenue |
| Other Wastewater Wastewater |
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0.62 % |
of total Revenue |
| Other Utility Regulated Natural Gas |
|
1.46 % |
of total Revenue |
| Other Utility Other |
|
0.54 % |
of total Revenue |
| Alternative Revenue Program Regulated Water |
|
0.18 % |
of total Revenue |
| Alternative Revenue Program Wastewater |
|
-0.01 % |
of total Revenue |
| Alternative Revenue Program Regulated Natural Gas |
|
0.52 % |
of total Revenue |
Twelve months ended 2024
|
| WTRG s Annual Revenue by Geography and Business Segments |
Sales
(in millions $) |
%
(of total Sales) |
| Regulated Water |
1,221.88 |
58.57 % |
| Wastewater |
199.42 |
9.56 % |
| Regulated Natural Gas |
842.99 |
40.41 % |
| Other |
32.47 |
1.56 % |
| Other Other And Eliminations |
21.24 |
1.02 % |
| Regulated Natural Gas InterEliminations |
-2.54 |
-0.12 % |
| Total Reportable Segments |
2,064.87 |
98.98 % |
| Total Reportable InterEliminations |
-2.54 |
-0.12 % |
| Other And Eliminations |
21.24 |
1.02 % |
| Other And Eliminations InterEliminations |
-2.54 |
-0.12 % |
| Total |
2,086.11 |
100 % |
| Residential Regulated Water |
662.91 |
31.78 % |
| Residential Wastewater |
146.85 |
7.04 % |
| Residential Regulated Natural Gas |
504.43 |
24.18 % |
| Commercial Regulated Water |
186.53 |
8.94 % |
| Commercial Wastewater |
36.95 |
1.77 % |
| Commercial Regulated Natural Gas |
100.66 |
4.83 % |
| Fire Protection Regulated Water |
42.41 |
2.03 % |
| Industrial Regulated Water |
34.83 |
1.67 % |
| Industrial Wastewater |
2.72 |
0.13 % |
| Industrial Regulated Natural Gas |
2.28 |
0.11 % |
| Gas Transportation Regulated Natural Gas |
194.41 |
9.32 % |
| Other Water Regulated Water |
80.96 |
3.88 % |
| Other Wastewater Wastewater |
12.90 |
0.62 % |
| Other Utility Regulated Natural Gas |
30.44 |
1.46 % |
| Other Utility Other |
11.23 |
0.54 % |
| Alternative Revenue Program Regulated Water |
3.85 |
0.18 % |
| Alternative Revenue Program Wastewater |
-0.27 |
-0.01 % |
| Alternative Revenue Program Regulated Natural Gas |
10.78 |
0.52 % |
Twelve months ended 2024
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| WTRG s Annual Income by Country and Business Segments |
Income
(in millions $) |
%
(Profit Margin) |
| Total |
595.31 |
28.54 % |
Twelve months ended 2024
|
| Annual Revenue and Income Growth by Country and Business Segments |
% Y/Y Sales Growth |
% Y/Y Income Growth |
| Regulated Water |
5.94 % |
- |
| Wastewater |
6.38 % |
- |
| Regulated Natural Gas |
-2.4 % |
- |
| Other |
-37.02 % |
- |
| Other Other And Eliminations |
-42.1 % |
- |
| Regulated Natural Gas InterEliminations |
- |
- |
| Total Reportable Segments |
2.37 % |
- |
| Total Reportable InterEliminations |
- |
- |
| Other And Eliminations |
-42.1 % |
- |
| Other And Eliminations InterEliminations |
- |
- |
| Residential Regulated Water |
3.36 % |
- |
| Residential Wastewater |
5.5 % |
- |
| Residential Regulated Natural Gas |
-2.88 % |
- |
| Commercial Regulated Water |
3.21 % |
- |
| Commercial Wastewater |
4 % |
- |
| Commercial Regulated Natural Gas |
-9.54 % |
- |
| Fire Protection Regulated Water |
2.79 % |
- |
| Industrial Regulated Water |
2.6 % |
- |
| Industrial Wastewater |
30.52 % |
- |
| Industrial Regulated Natural Gas |
-29.49 % |
- |
| Gas Transportation Regulated Natural Gas |
5.32 % |
- |
| Other Water Regulated Water |
57.13 % |
- |
| Other Wastewater Wastewater |
21.81 % |
- |
| Other Utility Regulated Natural Gas |
-29.49 % |
- |
| Other Utility Other |
-24.47 % |
- |
| Alternative Revenue Program Regulated Water |
72.18 % |
- |
| Alternative Revenue Program Wastewater |
- |
- |
| Alternative Revenue Program Regulated Natural Gas |
416.04 % |
- |
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