---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000062"
form_type: "8-K"
ticker: "WTRG"
cik: "0000078128"
company_name: "Essential Utilities, Inc."
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-19T00:10:51.903486+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Essential Utilities reports record 2022 EPS $1.77, revenue $2.29B; guides 2023 EPS $1.85-$1.90

## Summary
- Full-year net income $465.2M ($1.77 EPS) vs $431.6M ($1.67 EPS) in 2021; revenue $2.29B (+21.8%).
- Record infrastructure investments of $1.06B in 2022; expects ~$1.1B annually through 2025.
- Closed three water/wastewater acquisitions adding $120M rate base and 23,000 customers; signed agreements for nine more systems (~219,000 customers, $380M purchase price).
- Board declared quarterly dividend $0.2870 per share, payable June 1, 2023; consecutive quarterly dividend for over 78 years.
- 2023 EPS guidance $1.85-$1.90; long-term EPS CAGR 5-7% through 2025; rate base growth 6-10% across segments.

## SEC filing metadata
- accession: 0001552781-23-000062
- form_type: 8-K
- ticker: WTRG
- cik: 0000078128
- company_name: Essential Utilities, Inc.
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78128/000155278123000062/0001552781-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78128/000155278123000062/e23077_wtrg-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000062
- JSON: https://secwatch.observer/filing/0001552781-23-000062.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000062.txt

## Key facts
- Earnings Releases
  Essential Utilities, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $705.4 million, net income $114.9 million, EPS $0.44.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $705.4 million
  - Net income: $114.9 million
  - EPS: $0.44
  - Result: reported results
  source text: regulated natural gas segment volume, and increased regulated water segment volume and customer growth were offset by increased expenses and other items. Revenues increased to $705.4 million in the fourth quarter compared to $535.7 million in the same period of 2021, an increase of 31.7%. Recovery of higher purchased gas costs, and additional revenues from rates and
  evidence_url: https://www.sec.gov/Archives/edgar/data/78128/000155278123000062/0001552781-23-000062-index.htm
- Earnings Releases
  Essential Utilities, Inc. reported the year ended December 31, 2022 results: revenue $2.29 billion, net income $465.2 million, EPS $1.77 per share.
  - Period: the year ended December 31, 2022
  - Revenue: $2.29 billion
  - Net income: $465.2 million
  - EPS: $1.77 per share
  - Result: reported results
  source text: Essential reported total operating revenues of $2.29 billion in 2022, an increase of 21.8% compared to $1.88 billion in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/78128/000155278123000062/0001552781-23-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.