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Financials · UTL

UNITIL Corporation (UTL) financials

For the twelve months ended Sep 30, 2026, UNITIL Corporation reported $608.00M of revenue and $55.40M of net income.

Revenue, TTM
$608.00M
Revenue growth, YoY
+21.1%
Net income, TTM
$55.40M
Net income growth, YoY
+18.4%
Net margin
9.1%
Free cash flow, TTM
-$39.90M
EPS, diluted, TTM
$3.08
EPS growth, YoY
+6.6%
Cash
$12.90M
Total debt
$744.70M
P/E
18.89
P/S
1.72
Market cap
$1.05B
Annual revenue$536.00M
FY2016FY2025
Annual net income$50.20M
FY2016FY2025
Annual free cash flow-$53.80M
FY2016FY2025

UTL revenue and earnings growth

UTL revenueQ3 2026$112.60M

Quarter YoY
+11.4%
QoQ
-3.8%
FY YoY
+8.3%
5Y CAGR
+5.1%
10Y CAGR
+2.3%

UTL revenue was $112.60M in fiscal Q3 2026 (ended Sep 30, 2026), up 11.4% from a year earlier and down 3.8% from the prior quarter. For the full fiscal 2025 it was $536.00M, up 8.3% from fiscal 2024. Compound annual growth was +5.1% over 5 years and +2.3% over 10 years. It rose in 5 of the last 10 fiscal years.

UTL net incomeQ3 2026-$1.50M

FY YoY
+6.6%
5Y CAGR
+9.3%
10Y CAGR
+6.7%

UTL net income was -$1.50M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$300.0K a year earlier. For the full fiscal 2025 it was $50.20M, up 6.6% from fiscal 2024. Compound annual growth was +9.3% over 5 years and +6.7% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

UTL EPSQ3 2026-$0.08

FY YoY
+1.4%
5Y CAGR
+6.7%
10Y CAGR
+4.6%

UTL diluted EPS was -$0.08 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.02 a year earlier. For the full fiscal 2025 it was $2.97, up 1.4% from fiscal 2024. Compound annual growth was +6.7% over 5 years and +4.6% over 10 years.

UTL free cash flowQ3 2026-$33.40M

UTL free cash flow was -$33.40M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$39.00M a year earlier. For the full fiscal 2025 it was -$53.80M, compared with -$44.00M in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$536.00M$494.80M$557.10M$563.20M$473.30M$418.60M$438.20M$444.10M$406.20M$383.40M
Operating income$101.20M$90.60M$87.10M$80.50M$77.80M$71.40M$73.10M$71.20M$75.40M$70.20M
Interest expense$43.80M$37.70M$34.90M$28.30M$27.20M$26.40M$26.60M$26.40M$25.50M$23.70M
Pre-tax income$65.50M$61.10M$58.40M$52.60M$47.60M$42.40M$58.00M$41.40M$46.50M$42.50M
Income tax$15.30M$14.00M$13.20M$11.20M$11.50M$10.20M$13.80M$8.39M$17.50M$15.35M
Net income$50.20M$47.10M$45.20M$41.40M$36.10M$32.20M$44.20M$33.00M$29.00M$27.10M
EPS, basic$2.97$2.93$2.82$2.59$2.35$2.15$2.97$2.23$2.06$1.94
EPS, diluted$2.97$2.93$2.82$2.59$2.35$2.15$2.97$2.23$2.06$1.94
Diluted shares16.8M16.1M16.1M16.0M15.4M15.0M14.9M14.8M14.1M14.0M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$15.60M$6.30M$6.50M$9.00M$6.50M$6.00M$5.20M$7.80M$8.90M$5.80M
Receivables$98.60M$75.00M$75.00M$73.80M$66.90M$62.00M$55.10M$66.80M$67.40M$52.90M
Current assets$240.10M$188.80M$177.10M$194.80M$159.70M$139.30M$130.90M$152.20M$151.30M$131.60M
Goodwill$4.30M$0--------
Total assets$2.13B$1.79B$1.67B$1.59B$1.54B$1.48B$1.37B$1.30B$1.24B$1.13B
Current liabilities$425.80M$228.70M$277.30M$260.10M$173.50M$136.10M$159.80M$192.50M$151.00M$176.90M
Short-term debt$37.90M$4.90M$4.90M$6.70M$8.20M$8.50M$19.50M$18.40M$29.80M$16.80M
Long-term debt$632.60M$638.40M$509.10M$489.10M$497.80M$523.10M$437.50M$387.40M$376.30M$316.80M
Total debt$670.50M$643.30M$514.00M$495.80M$506.00M$531.60M$457.00M$405.80M$406.10M$333.60M
Shareholders' equity$609.60M$512.50M$489.10M$467.60M$448.50M$389.20M$376.80M$351.30M$336.80M$293.10M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$131.30M$125.90M$107.00M$97.70M$107.80M$75.70M$104.90M$78.50M$86.20M$68.30M
Capital expenditures$185.10M$169.90M$141.00M$122.10M$115.00M$122.60M$119.20M$102.40M$119.30M$98.10M
Free cash flow-$53.80M-$44.00M-$34.00M-$24.40M-$7.20M-$46.90M-$14.30M-$23.90M-$33.10M-$29.80M
Investing cash flow-$345.50M-$169.90M-$141.00M-$122.10M-$115.00M-$122.60M-$105.80M-$102.40M-$119.30M-$98.10M
Financing cash flow$223.50M$43.80M$31.50M$26.90M$7.70M$47.70M-$1.70M$22.80M$36.20M$26.90M
Dividends paid$30.10M$27.50M$26.20M$25.10M$23.60M$22.60M$22.10M$21.80M$20.40M$20.00M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY8.3%-11.2%-1.1%19.0%13.1%-4.5%-1.3%9.3%5.9%-10.2%
Net income growth, YoY6.6%4.2%9.2%14.7%12.1%-27.1%33.9%13.8%7.0%3.0%
EPS growth, YoY1.4%3.9%8.9%10.2%9.3%-27.6%33.2%8.3%6.2%2.6%
Operating margin18.9%18.3%15.6%14.3%16.4%17.1%16.7%16.0%18.6%18.3%
Net margin9.4%9.5%8.1%7.4%7.6%7.7%10.1%7.4%7.1%7.1%
Free cash flow margin-10.0%-8.9%-6.1%-4.3%-1.5%-11.2%-3.3%-5.4%-8.1%-7.8%
Return on equity8.2%9.2%9.2%8.9%8.0%8.3%11.7%9.4%8.6%9.2%
Return on assets2.4%2.6%2.7%2.6%2.3%2.2%3.2%2.5%2.3%2.4%
Current ratio0.560.830.640.750.921.020.820.791.000.74
Debt to equity1.101.261.051.061.131.371.211.161.211.14

Source: XBRL data UNITIL Corporation files with the SEC, latest filing dated Nov 2, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

UTL peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
UTL$608.00M+21.1%$55.40M9.1%$1.05B
DUK$33.17B+7.2%$5.14B15.5%$99.63B
XEL$14.87B+4.5%$2.67B17.9%$51.13B
EXC$24.79B+4.6%$2.78B11.2%$47.21B
ED$18.23B+8.7%$2.29B12.6%$43.85B
WEC$10.32B+8.1%$1.81B17.5%$38.12B
PEG$13.03B+15.3%$2.01B15.4%$36.20B
PCG$25.84B+5.7%$3.08B11.9%$34.75B
AEE$8.75B+3.8%$1.56B17.9%$31.24B

UTL FAQ

8 questions
  • What is UTL revenue?
    UNITIL Corporation (UTL) reported $608.00M of revenue for the twelve months ended Sep 30, 2026. That is up 21.1% from the year before. Revenue for fiscal 2025 was $536.00M.
  • Is UTL profitable?
    Yes. UNITIL Corporation earned $55.40M in net income for the twelve months ended Sep 30, 2026, a net margin of 9.1%.
  • How much cash and debt does UTL have?
    UNITIL Corporation reported $12.90M in cash and cash equivalents and $744.70M of debt on its most recent balance sheet in SEC filings.
  • How fast is UTL revenue growing?
    UNITIL Corporation's revenue changed +8.3% in fiscal 2025, to $536.00M. Its compound annual growth rate was +5.1% over 5 years and +2.3% over 10 years.
  • What is UTL free cash flow?
    UNITIL Corporation generated -$39.90M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $162.20M less capital expenditures.
  • What is UTL earnings per share?
    Diluted earnings per share were $3.08 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did UTL last report financial results?
    The latest statements here come from UNITIL Corporation's 10-Q filed on Nov 2, 2026, covering the period ended Sep 30, 2026.
  • Where does this UTL financial data come from?
    Quantisnow builds these statements from the structured XBRL data UNITIL Corporation files with the SEC. It is provided for information only and is not investment advice.