HighGravityDataEssential Utilities — Nov 4, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001552781-25-000394
Showing in the filing
Quarterly cash dividend
“$0.3426 per share”
Period
Q4 FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 19
GAAP earnings per share vs. prior for FY2025
“above the prior guidance range of $2.07-$2.11 due to non-recurring benefits”
Quarterly cash dividend for Q4 FY2025
“$0.3426 per share”
Quarterly cash dividend
“$0.3426 per share of common stock”
Greene County data center water treatment pl… for FY2029
“expected to be operational in mid-2029”
Merger with American Water Works Company, Inc. for Q1 FY2027
“expected to close by the end of the first quarter of 2027”
Long-term earnings per share growth for the long term
“compounded annual growth rate of 5 to 7% from the adjusted 2024 earnings per share of $1.97 (Non-GAAP)”
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 (equivalent dw… for the long term
“between 2 and 3%”
Equity raise via ATM program for FY2027
“expects to raise equity via its ATM program”
Equity raised via ATM program for FY2025
“expects to raise a total of approximately $350 million in equity, including $25 million to finance its recently announced data center investment”
Reduction of Scope 1 and Scope 2 greenhouse … for FY2035
“60%”
PFAS compliance for the long term
“Multiyear plan to ensure that finished water does not exceed the federal maximum contaminant level of the six EPA-regulated PFAS chemicals”
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 nine months of 2025 were $439.4 million compared to $423.8
million in 2024, an increase of 3.7%.
Dividend
On October 23 rd , 2025,
Essential’s board of directors declared a quarterly cash dividend of $0.3426 per share of common stock. This dividend will
be payable on December 1 st , 2025, to shareholders of record on November 12 th , 2025. The company has paid
a consecutive cash dividend for 80 years and has increased the dividend 35 times in the last 34 years.
Financing
As of September 30, 2025, Essential’s
weighted average cost of fixed-rate long-term debt was 4.12%, and the company had $1.138 billion available on its credit lines.
Additionally, as of September 30, 2025, the company has raised approximately $300 million in equity pursuant to its ATM program.
Rate Activity
As of November 4, 2025, the company’s
regulated water segment received rate awards and infrastructure surcharges in North Carolina, New Jersey, Ohio, and Pennsylvania,
of $92.6 million, and its regulated natural gas segment received surcharges in Kentucky and Pennsylvania of $8.9 million. The
company currently has base rate cases pending in North Carolina, Ohio, Texas, and Virginia for its regulated water and wastewater
segment for an estimated $96.5 million in incremental annual revenues, and its regulated natural gas segment has a surcharge pending
in Kentucky for an estimated $2.9 million in incremen
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.