Essential Utilities annual operating margin
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2025
Essential Utilities Operating Margin Growth & History (WTRG)
Essential Utilities's operating margin was 37.22% for fiscal 2025.
View full Essential Utilities company overviewEssential Utilities annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 37.22% | +0.90 pp |
| 2024 | 2024-12-31 | 36.32% | +2.62 pp |
| 2023 | 2023-12-31 | 33.70% | +4.80 pp |
| 2022 | 2022-12-31 | 28.90% | −3.19 pp |
| 2021 | 2021-12-31 | 32.09% | +2.37 pp |
| 2020 | 2020-12-31 | 29.72% | −8.52 pp |
| 2019 | 2019-12-31 | 38.23% | −0.33 pp |
| 2018 | 2018-12-31 | 38.56% | −2.69 pp |
| 2017 | 2017-12-31 | 41.25% | +0.60 pp |
| 2016 | 2016-12-31 | 40.65% | +1.22 pp |
| 2015 | 2015-12-31 | 39.44% | −0.87 pp |
| 2014 | 2014-12-31 | 40.31% | +0.71 pp |
| 2013 | 2013-12-31 | 39.59% | −2.72 pp |
| 2012 | 2012-12-31 | 42.31% | +1.06 pp |
| 2011 | 2011-12-31 | 41.25% | +1.89 pp |
| 2010 | 2010-12-31 | 39.36% | +1.93 pp |
| 2009 | 2009-12-31 | 37.43% | −1.97 pp |
| 2008 | 2008-12-31 | 39.40% | — |
Essential Utilities quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 36.41% | +0.43 pp |
| Q1 2026 | 2026-03-31 | 36.05% | −7.20 pp |
| Q4 2025 | 2025-12-31 | 32.47% | −5.03 pp |
| Q3 2025 | 2025-09-30 | 35.59% | −0.04 pp |
| Q2 2025 | 2025-06-30 | 35.98% | +2.54 pp |
| Q1 2025 | 2025-03-31 | 43.25% | +5.56 pp |
| Q4 2024 | 2024-12-31 | 37.50% | +1.21 pp |
| Q3 2024 | 2024-09-30 | 35.63% | +2.22 pp |
| Q2 2024 | 2024-06-30 | 33.44% | −2.11 pp |
| Q1 2024 | 2024-03-31 | 37.69% | +6.65 pp |
| Q4 2023 | 2023-12-31 | 36.29% | +12.19 pp |
| Q3 2023 | 2023-09-30 | 33.41% | +4.45 pp |
| Q2 2023 | 2023-06-30 | 35.55% | +4.86 pp |
| Q1 2023 | 2023-03-31 | 31.04% | −1.52 pp |
| Q4 2022 | 2022-12-31 | 24.09% | −1.96 pp |
| Q3 2022 | 2022-09-30 | 28.96% | +0.92 pp |
| Q2 2022 | 2022-06-30 | 30.69% | −1.88 pp |
| Q1 2022 | 2022-03-31 | 32.55% | −7.26 pp |
| Q4 2021 | 2021-12-31 | 26.06% | −1.97 pp |
| Q3 2021 | 2021-09-30 | 28.04% | −2.15 pp |
| Q2 2021 | 2021-06-30 | 32.57% | +0.55 pp |
| Q1 2021 | 2021-03-31 | 39.82% | +11.06 pp |
| Q4 2020 | 2020-12-31 | 28.02% | −9.71 pp |
| Q3 2020 | 2020-09-30 | 30.18% | −13.52 pp |
| Q2 2020 | 2020-06-30 | 32.02% | −4.96 pp |
| Q1 2020 | 2020-03-31 | 28.76% | −4.77 pp |
| Q4 2019 | 2019-12-31 | 37.74% | +7.22 pp |
| Q3 2019 | 2019-09-30 | 43.70% | −2.42 pp |
| Q2 2019 | 2019-06-30 | 36.98% | −3.97 pp |
| Q1 2019 | 2019-03-31 | 33.53% | −2.15 pp |
| Q4 2018 | 2018-12-31 | 30.52% | −7.95 pp |
| Q3 2018 | 2018-09-30 | 46.12% | +0.20 pp |
| Q2 2018 | 2018-06-30 | 40.95% | −1.25 pp |
| Q1 2018 | 2018-03-31 | 35.68% | −2.20 pp |
| Q4 2017 | 2017-12-31 | 38.47% | −2.02 pp |
| Q3 2017 | 2017-09-30 | 45.92% | +2.76 pp |
| Q2 2017 | 2017-06-30 | 42.20% | +1.25 pp |
| Q1 2017 | 2017-03-31 | 37.88% | +0.33 pp |
| Q4 2016 | 2016-12-31 | 40.49% | +2.62 pp |
| Q3 2016 | 2016-09-30 | 43.16% | +0.15 pp |
| Q2 2016 | 2016-06-30 | 40.95% | +1.95 pp |
| Q1 2016 | 2016-03-31 | 37.55% | +0.16 pp |
| Q4 2015 | 2015-12-31 | 37.86% | −0.07 pp |
| Q3 2015 | 2015-09-30 | 43.01% | −2.14 pp |
| Q2 2015 | 2015-06-30 | 39.00% | −1.93 pp |
| Q1 2015 | 2015-03-31 | 37.39% | +0.84 pp |
| Q4 2014 | 2014-12-31 | 37.93% | +1.14 pp |
| Q3 2014 | 2014-09-30 | 45.15% | +2.57 pp |
| Q2 2014 | 2014-06-30 | 40.93% | −0.19 pp |
| Q1 2014 | 2014-03-31 | 36.55% | −0.94 pp |
| Q4 2013 | 2013-12-31 | 36.79% | −1.01 pp |
| Q3 2013 | 2013-09-30 | 42.58% | −4.28 pp |
| Q2 2013 | 2013-06-30 | 41.12% | −4.28 pp |
| Q1 2013 | 2013-03-31 | 37.49% | −0.21 pp |
| Q4 2012 | 2012-12-31 | 37.80% | −3.20 pp |
| Q3 2012 | 2012-09-30 | 46.86% | +1.48 pp |
| Q2 2012 | 2012-06-30 | 45.40% | +4.67 pp |
| Q1 2012 | 2012-03-31 | 37.70% | +0.47 pp |
| Q4 2011 | 2011-12-31 | 41.01% | −6.16 pp |
| Q3 2011 | 2011-09-30 | 45.37% | +2.31 pp |
| Q2 2011 | 2011-06-30 | 40.73% | +3.70 pp |
| Q1 2011 | 2011-03-31 | 37.23% | +5.66 pp |
| Q4 2010 | 2010-12-31 | 47.17% | +7.65 pp |
| Q3 2010 | 2010-09-30 | 43.07% | +7.89 pp |
| Q2 2010 | 2010-06-30 | 37.03% | — |
| Q1 2010 | 2010-03-31 | 31.58% | — |
| Q3 2009 | 2009-09-30 | 39.52% | — |
| Q2 2009 | 2009-06-30 | 35.18% | — |
Essential Utilities operating margin trends
Over the last five reported fiscal years, Essential Utilities's operating margin increased from 29.72% to 37.22%, a change of +7.50 percentage points. The latest reported quarter, Q2 2026, shows 36.41%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Essential Utilities filings at SEC.gov ↗