2025 Essential Annual Report

2025 Financial Highlights

In thousands of dollars, except per-share amounts

2025

2024

% Change

$2,474,615

$2,086,113

18.6%

Operating Revenues

Regulated Segments:

$1,326,629

$1,221,880

8.6%

Regulated Water Segment Revenues

$1,117,875

$842,991

32.6%

Regulated Natural Gas Segment Revenues

$639,604

$587,250

8.9%

Operations and Maintenance Expense

$616,369

$595,314

3.5%

Net Income

$2.20

$2.17

1.4%

Diluted Net Income Per Common Share (GAAP)

Diluted Net Income Per Common Share (Incl. Non-GAAP FY 2024 EPS)

$2.20

$1.97

11.7%

$1.3704

$1.3020

5.3%

Annualized Dividend Rate Per Common Share (12/31)

$1,429,980

$1,329,747

7.5%

Capital Expenditures

$19,464,845

$18,026,554

8.0%

Total Assets

1,884,013

1,869,306

0.8%

Number of Utility Customers Served (12/31)

4 | ESSENTIAL UTILITIES

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