Essential Utilities Debt-to-Equity Ratio Growth & History (WTRG)
Essential Utilities's debt-to-equity ratio was 1.19 for fiscal 2025.
View full Essential Utilities company overviewEssential Utilities annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.19 | −0.03 | −2.25% |
| 2024 | 2024-12-31 | 1.22 | 0.04 | +3.50% |
| 2023 | 2023-12-31 | 1.18 | −0.05 | −4.42% |
| 2022 | 2022-12-31 | 1.23 | 0.08 | +6.91% |
| 2021 | 2021-12-31 | 1.15 | −0.06 | −4.67% |
| 2020 | 2020-12-31 | 1.21 | 0.42 | +53.07% |
| 2019 | 2019-12-31 | 0.79 | −0.48 | −37.67% |
| 2018 | 2018-12-31 | 1.27 | 0.17 | +15.41% |
| 2017 | 2017-12-31 | 1.10 | 0.06 | +5.82% |
| 2016 | 2016-12-31 | 1.04 | −0.00 | −0.41% |
| 2015 | 2015-12-31 | 1.04 | 0.05 | +5.18% |
| 2014 | 2014-12-31 | 0.99 | −0.05 | −4.60% |
| 2013 | 2013-12-31 | 1.04 | −0.17 | −13.92% |
| 2012 | 2012-12-31 | 1.20 | −0.06 | −4.81% |
| 2011 | 2011-12-31 | 1.27 | −0.10 | −7.64% |
| 2010 | 2010-12-31 | 1.37 | 0.08 | +6.09% |
| 2009 | 2009-12-31 | 1.29 | 0.07 | +5.38% |
| 2008 | 2008-12-31 | 1.23 | — | — |
Essential Utilities quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.21 | 0.05 | +4.40% |
| Q1 2026 | 2026-03-31 | 1.22 | 0.03 | +2.42% |
| Q4 2025 | 2025-12-31 | 1.19 | −0.03 | −2.25% |
| Q3 2025 | 2025-09-30 | 1.15 | −0.03 | −2.33% |
| Q2 2025 | 2025-06-30 | 1.16 | 0.00 | +0.30% |
| Q1 2025 | 2025-03-31 | 1.19 | 0.05 | +4.12% |
| Q4 2024 | 2024-12-31 | 1.22 | 0.04 | +3.50% |
| Q3 2024 | 2024-09-30 | 1.18 | 0.05 | +4.08% |
| Q2 2024 | 2024-06-30 | 1.15 | −0.07 | −5.40% |
| Q1 2024 | 2024-03-31 | 1.14 | −0.07 | −6.14% |
| Q4 2023 | 2023-12-31 | 1.18 | −0.05 | −4.42% |
| Q3 2023 | 2023-09-30 | 1.13 | −0.06 | −4.87% |
| Q2 2023 | 2023-06-30 | 1.22 | 0.05 | +4.28% |
| Q1 2023 | 2023-03-31 | 1.22 | 0.07 | +5.89% |
| Q4 2022 | 2022-12-31 | 1.23 | 0.08 | +6.91% |
| Q3 2022 | 2022-09-30 | 1.19 | 0.08 | +6.91% |
| Q2 2022 | 2022-06-30 | 1.17 | −0.02 | −2.09% |
| Q1 2022 | 2022-03-31 | 1.15 | −0.03 | −2.57% |
| Q4 2021 | 2021-12-31 | 1.15 | −0.06 | −4.67% |
| Q3 2021 | 2021-09-30 | 1.11 | −0.05 | −4.66% |
| Q2 2021 | 2021-06-30 | 1.19 | 0.05 | +4.09% |
| Q1 2021 | 2021-03-31 | 1.18 | 0.12 | +11.09% |
| Q4 2020 | 2020-12-31 | 1.21 | 0.42 | +53.07% |
| Q3 2020 | 2020-09-30 | 1.17 | 0.37 | +46.08% |
| Q2 2020 | 2020-06-30 | 1.15 | 0.37 | +47.16% |
| Q1 2020 | 2020-03-31 | 1.06 | −0.26 | −19.52% |
| Q4 2019 | 2019-12-31 | 0.79 | −0.48 | −37.67% |
| Q3 2019 | 2019-09-30 | 0.80 | −0.36 | −31.09% |
| Q2 2019 | 2019-06-30 | 0.78 | −0.37 | −32.01% |
| Q1 2019 | 2019-03-31 | 1.32 | 0.22 | +20.24% |
| Q4 2018 | 2018-12-31 | 1.27 | 0.17 | +15.41% |
| Q3 2018 | 2018-09-30 | 1.16 | 0.11 | +10.44% |
| Q2 2018 | 2018-06-30 | 1.15 | 0.11 | +10.68% |
| Q1 2018 | 2018-03-31 | 1.10 | 0.07 | +7.03% |
| Q4 2017 | 2017-12-31 | 1.10 | 0.06 | +5.82% |
| Q3 2017 | 2017-09-30 | 1.05 | 0.06 | +6.38% |
| Q2 2017 | 2017-06-30 | 1.04 | 0.02 | +2.36% |
| Q1 2017 | 2017-03-31 | 1.03 | 0.02 | +1.93% |
| Q4 2016 | 2016-12-31 | 1.04 | −0.00 | −0.41% |
| Q3 2016 | 2016-09-30 | 0.99 | −0.01 | −1.20% |
| Q2 2016 | 2016-06-30 | 1.01 | 0.02 | +1.51% |
| Q1 2016 | 2016-03-31 | 1.01 | 0.03 | +2.81% |
| Q4 2015 | 2015-12-31 | 1.04 | 0.05 | +5.18% |
| Q3 2015 | 2015-09-30 | 1.00 | −0.02 | −1.93% |
| Q2 2015 | 2015-06-30 | 1.00 | −0.01 | −1.07% |
| Q1 2015 | 2015-03-31 | 0.98 | −0.05 | −4.61% |
| Q4 2014 | 2014-12-31 | 0.99 | −0.05 | −4.60% |
| Q3 2014 | 2014-09-30 | 1.02 | 0.01 | +0.57% |
| Q2 2014 | 2014-06-30 | 1.01 | −0.07 | −6.26% |
| Q1 2014 | 2014-03-31 | 1.03 | −0.06 | −5.89% |
| Q4 2013 | 2013-12-31 | 1.04 | −0.17 | −13.92% |
| Q3 2013 | 2013-09-30 | 1.01 | −0.17 | −14.60% |
| Q2 2013 | 2013-06-30 | 1.08 | −0.16 | −13.19% |
| Q1 2013 | 2013-03-31 | 1.09 | −0.07 | −5.91% |
| Q4 2012 | 2012-12-31 | 1.20 | −0.06 | −4.81% |
| Q3 2012 | 2012-09-30 | 1.19 | −0.05 | −3.91% |
| Q2 2012 | 2012-06-30 | 1.24 | −0.05 | −3.69% |
| Q1 2012 | 2012-03-31 | 1.16 | −0.15 | −11.29% |
| Q4 2011 | 2011-12-31 | 1.27 | −0.10 | −7.64% |
| Q3 2011 | 2011-09-30 | 1.24 | −0.05 | −3.81% |
| Q2 2011 | 2011-06-30 | 1.29 | −0.04 | −2.90% |
| Q1 2011 | 2011-03-31 | 1.31 | — | — |
| Q4 2010 | 2010-12-31 | 1.37 | 0.07 | +5.08% |
| Q3 2010 | 2010-09-30 | 1.28 | — | — |
| Q2 2010 | 2010-06-30 | 1.33 | — | — |
| Q4 2009 | 2009-12-31 | 1.30 | — | — |
Essential Utilities debt-to-equity ratio trends
Over the last five fiscal years, Essential Utilities's debt-to-equity ratio decreased from 1.21 to 1.19, a change of −0.02. The latest reported quarter, Q2 2026, shows 1.21.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Essential Utilities source filings ↗