---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-008210"
form_type: "8-K"
ticker: "CPK"
cik: "0000019745"
company_name: "CHESAPEAKE UTILITIES CORP"
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T04:00:57.838029+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Chesapeake Utilities FY2024 adj EPS $5.39, reaffirms 2025 guidance $6.15-$6.35

## Summary
- FY2024 net income $118.6M ($5.26 EPS); adjusted net income $121.5M ($5.39 adj EPS), vs $97.8M ($5.31) in 2023.
- Q4 2024 net income $36.7M ($1.60 EPS); adj net income $37.3M ($1.63 adj EPS), vs $33.0M ($1.64) in Q4 2023.
- Adjusted gross margin increased $113.3M driven by Florida City Gas, regulatory initiatives, and organic growth.
- FY2024 capex $356M near top of guidance; reaffirms 2025 EPS $6.15-$6.35, 2028 EPS $7.75-$8.00.
- Equity-to-capitalization ratio reached 48.4% at Dec 31, 2024, accelerating return to target capital structure.

## SEC filing metadata
- accession: 0001628280-25-008210
- form_type: 8-K
- ticker: CPK
- cik: 0000019745
- company_name: CHESAPEAKE UTILITIES CORP
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/19745/000162828025008210/0001628280-25-008210-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/19745/000162828025008210/cpk-20250226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-008210
- JSON: https://secwatch.observer/filing/0001628280-25-008210.json
- Plain text: https://secwatch.observer/filing/0001628280-25-008210.txt

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