2025 Essential Annual Report

ESSENTIAL UTILITIES, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In thousands of dollars, except per share amounts)

December 31,

2025

2024

Assets

Property, plant and equipment, at cost Less: accumulated depreciation Net property, plant and equipment

$

17,690,717 $

16,275,377 3,131,901 13,143,476

3,427,035 14,263,682

Current assets: Cash and cash equivalents Accounts receivable, net

34,778 217,191 167,085 51,767 60,686 59,110 19,779 610,396

9,156

166,522 142,310 48,619 45,311 41,139 32,854 485,911

Unbilled revenues

Inventory - materials and supplies

Inventory - gas stored

Prepayments and other current assets

Regulatory assets Total current assets

Regulatory assets

2,089,669

1,907,786

Deferred charges and other assets, net Funds restricted for construction activity

122,217

112,712

1,445

1,420

Goodwill

2,348,559

2,340,713

Operating lease right-of-use assets

25,923

31,263

Intangible assets

2,954

3,273

Total assets

$

19,464,845 $

18,026,554

See accompanying notes to consolidated financial statements.

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