ESSENTIAL UTILITIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EQUITY (In thousands of dollars, except per share amounts)
Capital in excess of par value
Common stock
Retained earnings
Treasury stock
Total
Balance at December 31, 2022
$ 133,486 $ 3,793,262 $ 1,534,331 $ (83,693) $ 5,377,386
Net income
- - -
- - -
498,226
- - -
498,226
Dividends declared and paid ($1.1882 per share) Dividends of March 1, 2024 declared ($0.3071 per share) Issuance of common stock under dividend reinvestment plan (430,487 shares) Issuance of common stock from at-the-market sale agreements (8,938,839 shares)
(240,999) (83,929)
(240,999) (83,929)
215
15,790
-
-
16,005
4,470
318,513
- - - -
-
322,983
Repurchase of stock (89,785 shares) Equity compensation plan (244,407 shares) Exercise of stock options (8,174 shares)
-
-
(3,981)
(3,981)
122
(122)
- - -
-
4
283
287
Stock-based compensation
- -
11,330 (1,360)
(954)
10,376
Other
-
1,189
(171)
Balance at December 31, 2023
$ 138,297 $ 4,137,696 $ 1,706,675 $ (86,485) $ 5,896,183
Net income
- - -
- - -
595,314
- - -
595,314
Dividends declared and paid ($1.2652 per share) Dividends of March 1, 2025 declared ($0.3255 per share) Issuance of common stock under dividend reinvestment plan (433,688 shares) Issuance of common stock from at-the-market sale agreements (925,497 shares)
(262,462) (89,441)
(262,462) (89,441)
217
15,259
-
-
15,476
463
35,671
- - - -
-
36,134 (4,048)
Repurchase of stock (111,955 shares) Equity compensation plan (185,927 shares) Exercise of stock options (69,320 shares)
-
-
(4,048)
93 35
(93)
- - -
-
2,436 9,781
2,471 9,187
Stock-based compensation
- -
(594)
Other
(914)
-
909
(5)
Balance at December 31, 2024
$ 139,105 $ 4,199,836 $ 1,949,492 $ (89,624) $ 6,198,809
Net income
- -
- -
616,369
- -
616,369
Dividends declared and paid ($1.3362 per share)
(284,380)
(284,380)
Issuance of common stock under dividend reinvestment plan (416,037 shares) Issuance of common stock from at-the-market sale agreements (7,671,350 shares)
208
15,093
-
-
15,301
3,836
296,281
- - - -
-
300,117
Repurchase of stock (62,702 shares) Equity compensation plan (181,610 shares) Exercise of stock options (27,238 shares)
-
-
(2,284)
(2,284)
91 13
(91)
- - -
-
943
956
Stock-based compensation
- -
12,814
(812)
12,002
Other
(359)
-
925
566
$ 143,253 $ 4,524,517 $ 2,280,669 $ (90,983)
$ 6,857,456
Balance at December 31, 2025
See accompanying notes to consolidated financial statements.
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