Essential 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
Regulated infrastructure investments
“approximately $7.8 billion”
Period
FY2029
Measure
Company-defined measure
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
· Since
the company’s 2024 earnings per share was $2.17 on a GAAP basis, anticipated growth
in long-term earnings per share at a compounded annual growth rate of 5 to 7% from the
adjusted 2024 earnings per share of $1.97 (Non-GAAP) for the three-year period through
2027.
· In
2025, regulated infrastructure investments are expected to be $1.4 to $1.5 billion.
· Through
2029, we plan to make regulated infrastructure investments of approximately $7.8 billion.
· Through
2029, the regulated water segment rate base is expected to grow at a compounded annual
growth rate of approximately 6%; this only includes acquisitions scheduled to close in
2025 and excludes DELCORA.
· Through
2029, the regulated natural gas segment rate base is expected to grow at a compounded
annual growth rate of approximately 11%.
· Through
2029, the combined regulated utility rate base is expected to grow at a compounded annual
growth rate of over 8%.
· The
regulated water customer base (or equivalent dwelling units) of the business is expected
to grow at an average annual growth rate of between 2 and 3% from acquisitions and organic
customer growth over the long term.
· The
regulated natural gas customer base of the business is expected to be stable for 2025.
· Through
2027, the company expects to raise equity via its ATM program. In 2025, the company expects
to raise a total of approximately $350 million in equity, including $25 million to finance
its recently announced data center investment. To date, in 2025, the company has issued
approximately $300 million of equity using its ATM.
· Anticipate
the reduction
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.