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Essential Utilities — Jul 31, 2025 release

Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001552781-25-000235
Open on SEC.gov ↗
Showing in the filing
Quarterly cash dividend
“$0.3426 per share of common stock, reflecting an increase of 5.25%”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 14
GAAP earnings per share vs. prior for FY2025
“above guidance range of $2.07-$2.11 due to non-recurring benefits”
Quarterly cash dividend
“$0.3426 per share of common stock, reflecting an increase of 5.25%”
Long-term earnings per share compounded annu… for the long term
“5 to 7%”
Regulated infrastructure investments for FY2029
“approximately $7.8 billion”
Regulated water segment rate base compounded… for FY2029
“approximately 6%”
Regulated natural gas segment rate base comp… for FY2029
“approximately 11%”
Combined regulated utility rate base compoun… for FY2029
“over 8%”
Regulated water customer base (or equivalent… for the long term
“between 2 and 3%”
Equity raised via ATM program for FY2027
“raise equity via its ATM program”
Equity raised via ATM program for FY2025
“approximately $315 million”
Reduction of Scope 1 and Scope 2 greenhouse … for FY2035
“60%”
Multiyear plan for finished water PFAS compl… for the long term
“does not exceed the federal maximum contaminant level of the six EPA-regulated PFAS chemicals”
Regulated infrastructure investments for FY2025
“$1.4 to $1.5 billion”
Regulated natural gas customer base for FY2025
“stable”
Exhibit 99.1 · the passage around this item
… earlier in the release
Operations and maintenance expenses for the first half of 2025 totaled $286.3 million, up 2.5% from $279.4 million in 2024. Net Income for the first half of 2025 totaled $391.6 million, or $1.41 per share, compared to $341.2 million, or $1.25 per share for the same period of 2024. Dividend As previously announced on July 30 th , 2025, Essential’s board of directors declared a quarterly cash dividend of $0.3426 per share of common stock, reflecting an increase of 5.25%. This dividend will be payable on September 2 nd , 2025, to shareholders of record on August 12 th , 2025. The company has paid consecutive quarterly cash dividends for 80 years and has increased the dividend 35 times in the last 34 years.   Financing As of June 30, 2025, Essential’s weighted average cost of fixed-rate long-term debt was 4.03%, and the company had $802 million available on its credit lines.   Rate Activity As of July 31, 2025, the company’s regulated water segment received rate awards and infrastructure surcharges in Pennsylvania, Ohio, North Carolina, and New Jersey, of $92.6 million, and its regulated natural gas segment received rate awards and infrastructure surcharges in Kentucky of $8.2 million. The company currently has base rate cases pending in North Carolina, Texas, Ohio and Virginia for its regulated water and wastewater segment for an estimated $96.5 million in incremental annual revenues.   Capital Expenditures Essential invested $613 million in the first half of the year to improve its regulated water and natural gas infrastructure systems and to enhance customer service across its operations. The company continues to be a
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.