WTRG Essential Utilities margins

Relative Growth: Rel. Growth: 51

Relative Strength: Rel. Strength: 54

Relative Valuation: Rel. Valuation: 45

Relative Profitability: Rel. Profitability: 57

Gross margin

52.1%

Operating margin

35.1%

EBITDA margin

53.2%

Net margin

21.6%

For the latest period, Essential Utilities has a gross margin of 52.1%, an operating margin of 35.1%, an EBITDA margin of 53.2%, and a net margin of 21.6%. Each available margin deteriorated from the same period last year. Net margin recorded the strongest contraction, dropping by 6 percentage points.

WTRG margin history

Gross, operating, EBITDA and net margin trends

Essential Utilities's margins averaged 53.73% gross, 36.41% operating, 56.58% EBITDA, and 26.36% net during the last 3 years. Currently, all four current margins are below their three-year averages.

WTRG margin expansion

Year-over-year margin changes in percentage points

All available margins contracted year over year, led by net margin with a decline of 6 percentage points.

Gross margin expansion

-3.4pp

Operating margin expansion

-3.6pp

EBITDA margin expansion

-3.5pp

Net margin expansion

-6pp

WTRG Gross margin

The average gross margin for Essential Utilities was 53.73% in the last 3 years. Currently, the current gross margin for Essential Utilities is 52.1%, 1.6 percentage points below its three-year average. The gross margin for Essential Utilities moved between 50.4% in Dec 2023 and 55.8% in Sep 2025.

WTRG Operating margin

Over the last 3 years, the average operating margin for Essential Utilities was 36.41%. The current operating margin of 35.1% is 1.3 percentage points below its three-year average. Essential Utilities's operating margin ranged from a low of 33.7% in Dec 2023 to a high of 38.7% in Sep 2025.

WTRG EBITDA margin

Essential Utilities recorded an average EBITDA margin of 56.58% across the last 3 years. As of the latest period, the current EBITDA margin for Essential Utilities is 53.2%, 3.4 percentage points below its three-year average. The EBITDA margin for Essential Utilities moved between 51.6% in Dec 2023 and 60.1% in Sep 2024.

WTRG Net margin

Essential Utilities recorded an average net margin of 26.36% across the last 3 years. The current net margin of 21.6% is 4.8 percentage points below its three-year average. During this period, net margin reached a high of 29.5% in Mar 2024 and a low of 21.6% in Jun 2026.

WTRG margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 52.1%, WTRG ranks higher than the Utilities sector average but lower than the industry average. In comparison with the Utilities sector average of 42.8%, Essential Utilities's gross margin is 22% higher.

Frequently asked questions

What is Essential Utilities's gross margin?

For the period ending Jun 30, 2026, WTRG recorded a gross margin of 52.1%.

What is Essential Utilities's operating margin?

The current operating margin for WTRG is 35.1% as of Jun 30, 2026.

What is Essential Utilities's EBITDA margin?

The current EBITDA margin for WTRG is 53.2% as of Jun 30, 2026.

What is Essential Utilities's net margin?

As of Jun 30, 2026, WTRG has a net margin of 21.6%.

What are the average margins of WTRG?

The three-year average margins for WTRG were 53.7% gross, 36.4% operating, 56.6% EBITDA, and 26.4% net.

What are the highest historical margins of WTRG?

Essential Utilities's highest recorded margins during the past 5 years were 55.8% gross in Sep 2025, 38.7% operating in Sep 2025, 60.1% EBITDA in Sep 2024, and 29.5% net in Mar 2024.

What are the lowest historical margins of WTRG?

Over the last 5 years, Essential Utilities's lowest margins were 42.6% gross in Mar 2023, 28.5% operating in Mar 2023, 43.7% EBITDA in Mar 2023, and 19.8% net in Mar 2023.