Essential Utilities, Inc. — fact timeline

Essential Utilities, Inc. reported the first quarter ended March 31, 2026 results: revenue $861.8 million, net income $224.4 million, EPS $0.79 per share. Guidance reaffirmed.

“Q1 2026 non-GAAP EPS of $0.83, which reflects business results without the impact of merger-related expenses incurred in the quarter. Revenues for the quarter were $861.8 million compared to $783.6 million in the first quarter of 2025, an increase of 10%. Additional revenues from regulatory recoveries and purchased gas costs were the main revenue drivers.”

Essential Utilities, Inc. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2026 at the 2026-04-29 meeting.

“3. The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the 2026 fiscal year was ratified by the following vote of shareholders: For Against Abstain 215,561,365 24,045,886 465,894 There were no broker non-votes for the ratification of the independent registered public accounting firm.”

Essential Utilities, Inc. shareholders approved Advisory vote to approve the compensation paid to the Company's named executive officers for 2025 at the 2026-04-29 meeting.

“2. The advisory vote to approve the compensation paid to the Company’s named executive officers for 2025 as disclosed in the Company’s Proxy Statement for the Annual Meeting was approved by the following vote of shareholders: For Against Abstain 184,594,406 20,085,147 1,223,832 There were 34,169,760 broker non-votes for this proposal.”

Essential Utilities, Inc. shareholders approved Election of directors at the 2026-04-29 meeting.

“1. The following nominees were elected as directors of the Company to serve for one-year terms and until their successors are elected and qualified. The votes received are set forth adjacent to the names below: Name of Nominee For Withheld Elizabeth B. Amato 201,371,233 4,532,152 Christopher L. Bruner 202,590,287 3,313,098 David A. Ciesinski 203,063,096 2,840,289 Christopher H. Franklin 190,969,552 14,933,833 Daniel J. Hilferty 185,710,239 20,193,146 W. Bryan Lewis 189,059,560 16,843,825 Tamara L. Linde 203,501,982 2,401,403 There were 34,169,760 broker non-votes recorded for each nominee.”

Essential Utilities, Inc. entered into Tenth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $500,000,000 principal amount (effective 2026-03-09).

“On March 9, 2026, Essential Utilities, Inc. (the “Company”) issued $500,000,000 principal amount of its 5.125% Senior Notes due 2036 (the “Notes”).”

Roderick K. West resigned as Director at Essential Utilities, Inc..

“On February 15, 2025, Roderick K. West, a member of the Board of Directors (the “Board”) of Essential Utilities, Inc. (the “Company”) since 2023, informed the Company of his resignation as a director and as a member on all Board committees on which he served, effective immediately.”

Edwina Kelly resigned as member of the Board of Directors at Essential Utilities, Inc..

“Edwina Kelly, notified the Chairman and Chief Executive Officer of Essential Utilities, Inc. (the “Company”) of her resignation, effective as of the date thereof, from her position as a member of the Board of Directors of the Company”

Matthew R. Rhodes resigned as Executive Vice President, Strategy and Corporate Development at Essential Utilities, Inc..

“On September 6, 2024, Matthew R. Rhodes, notified the Chairman and Chief Executive Officer of Essential Utilities, Inc. (the “ Company ”) of his resignation from his position as Executive Vice President, Strategy and Corporate Development, including any and all roles he plays in the parent company and any of its subsidiaries, to accept a position as the chief financial officer of Pattern Energy Group L.P.”

Essential Utilities, Inc. reported first quarter ended March 31, 2024 results: revenue $612.1 million, net income $265.8 million, EPS $0.97 per share.

“gas segment and water segment volumes, and other items, which includes the gain on sale, were offset by a slight increase in expenses. Revenues for the quarter were $612.1 million compared to $726.5 million in the first quarter of 2023, a decrease of 15.7%. Lower purchased gas costs and other items were the primary contributors to the decrease in revenues”

Essential Utilities, Inc. shareholders approved Ratification of an amendment to the Company’s Bylaws to implement universal proxy rules at the 2024-05-01 meeting.

“4. The ratification of an Amendment to the Company’s Bylaws to implement universal proxy rules governing contested elections of directors: For Against Abstain 206,649,736 1,584,454 967,017 There were 30,422,691 broker non-votes for this proposal.”

Essential Utilities, Inc. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2024 at the 2024-05-01 meeting.

“3. The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the 2024 fiscal year was ratified by the following vote of shareholders: For Against Abstain 227,635,364 11,112,905 875,629 There were no broker non-votes for the ratification of the independent registered public accounting firm.”

Essential Utilities, Inc. shareholders approved Advisory vote to approve the compensation paid to the Company’s named executive officers for 2023 at the 2024-05-01 meeting.

“2. The advisory vote to approve the compensation paid to the Company’s named executive officers for 2023 as disclosed in the Company’s Proxy Statement for the Annual Meeting was approved by the following vote of shareholders: For Against Abstain 194,712,551 13,046,186 1,442,470 There were 30,422,691 broker non-votes for this proposal.”

Essential Utilities, Inc. shareholders approved Election of directors at the 2024-05-01 meeting.

“1. The following nominees were elected as directors of the Company to serve for one-year terms and until their successors are elected and qualified. The votes received are set forth adjacent to the names below: Name of Nominee For Withheld Elizabeth B. Amato 201,170,659 8,030,548 Christopher L. Bruner 194,836,513 14,364,694 David A. Ciesinski 204,999,829 4,201,378 Christopher H. Franklin 198,017,989 11,183,218 Daniel J. Hilferty 202,888,796 6,312,411 Edwina Kelly 207,397,198 1,804,009 W. Bryan Lewis 207,525,561 1,675,646 Tamara L. Linde 207,705,590 1,495,617 Roderick K West 206,461,226 2,739,981 There were 30,422,961 broker non-votes recorded for each nominee.”

Essential Utilities, Inc. reported year ended December 31, 2023 results: revenue $2.05 billion, net income $498.2 million, EPS $1.86 per share. Guidance initiated.

“sustainable business practices and are excited to continue in our role as an industry leader throughout 2024.” Full-year 2023 Operating Results Essential reported revenues of $2.05 billion in 2023 compared to $2.29 billion in the prior year. The decrease in revenues for the year were primarily due to lower purchased gas costs and unfavorable weather resulting in”

Essential Utilities, Inc. entered into Seventh Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $500,000,000 principal amount (effective 2024-01-08).

“On January 8, 2024, Essential Utilities, Inc. (the “Company”) issued $500,000,000 principal amount of its 5.375% Senior Notes due 2034 (the “Notes”). The Notes were issued pursuant to the indenture, dated as of April 23, 2019 (the “Base Indenture”), as supplemented by the First Supplemental Indenture, dated as of April 23, 2019 (the “First Supplemental Indenture”), and the Seventh Supplemental Indenture, dated as of January 8, 2024 (the “Seventh Supplemental Indenture” and, together with the Base Indenture and First Supplemental Indenture, the “Indenture”), each between the Company and U.S. Bank Trust Company, National Association, as successor trustee.”

Essential Utilities, Inc. reported the third quarter ended September 30, 2023 results: revenue $411.3 million, net income $80.1 million, EPS $0.30. Guidance reaffirmed.

“esults for Q3 2023 Earnings per share of $0.30 Reaffirms annual guidance Publishes 2022 ESG report, highlighting strong progress on commitments and targets BRYN MAWR, PA (November”

Roderick K. West was elected as Director at Essential Utilities, Inc..

“On October 25, 2023, the Board of Directors elected Roderick K. West to serve on the Board of Directors (the “Board”) of Essential Utilities, Inc. (the “Company”) effective immediately.”

Essential Utilities, Inc.: Amended Section 4.14 to implement universal proxy rules under Rule 14a-19 for shareholder director nominations (effective 2023-10-25).

“On October 25, 2023, the Board of Directors (the “Board”) of Essential Utilities, Inc. (the “Company”) approved and adopted Amended and Restated Bylaws of the Company (the “Bylaws”), effective as of such date. The amendments to the Bylaws principally amend Section 4.14 of the Bylaws to set forth the nomination process whereby a shareholder can submit a nomination for election of a person or persons to serve on the Board, other than pursuant to the “proxy access” nomination process set forth in Section 4.15 of the Bylaws. These changes were made to revise the Company’s prior nomination process to implement the universal proxy rules governing contested elections of directors under Rule 14a-19 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).”

Essential Utilities, Inc. reported the six months ended June 30, 2023 results: revenue $1,163.2 million, net income $282.7 million, EPS $1.07. Guidance reaffirmed.

“million, or $1.07 per share compared to $281.7 million or $1.07 per share through the same period of 2022. For the first six months of 2023, the company reported revenues of $1,163.2 million, an increase of 1.3%, compared to $1,148.0 million in the first half of 2022. Operations and maintenance expenses were down 2.2% for the first half of 2023 to $271.5 million”

Essential Utilities, Inc. reported the second quarter ended June 30, 2023 results: revenue $436.7 million, net income $91.3 million, EPS $0.34. Guidance reaffirmed.

“volume from the regulated water segment were offset by other items, decreased regulated natural gas segment volume, and lower expenses. Revenues for the quarter were $436.7 million compared to $448.8 million in the second quarter of 2022. Lower purchased gas costs and decreased volume from the regulated natural gas segment contributed to the decrease in”

Essential Utilities, Inc. reported first quarter ended March 31, 2023 results: revenue Revenues for the quarter were $726.5 million compared to $699.3 million in the first quarter of 2022, net income Essential reported net income of $191.4 million, EPS earnings per share of $0.72. Guidance reaffirmed.

“Essential Utilities Reports Financial Results for Q1 2023 Earnings per share of $0.72; Company reaffirms annual guidance BRYN MAWR, PA (May 8, 2023) – Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2023.”

Essential Utilities, Inc. shareholders approved Advisory vote on frequency of say-on-pay votes at the 2023-05-03 meeting.

“4. The advisory vote on whether the frequency of the advisory vote on the compensation paid to the Company’s named executive officers should be every 1, 2, or 3 years was a follows: 1 Year 2 Years 3 Years Abstain 191,484,583 842,558 3,008,541 719,442 There were 30,962,829 broker non-votes for this proposal.”

Essential Utilities, Inc. shareholders approved Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2023 at the 2023-05-03 meeting.

“3. The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the 2023 fiscal year was ratified by the following vote of shareholders: For Against Abstain 217,347,952 9,086,609 583,392 There were no broker non-votes for the ratification of the independent registered public accounting firm.”

Essential Utilities, Inc. shareholders approved Advisory vote to approve the compensation paid to named executive officers for 2022 at the 2023-05-03 meeting.

“2. The advisory vote to approve the compensation paid to the Company’s named executive officers for 2022 as disclosed in the Company’s Proxy Statement for the Annual Meeting was approved by the following vote of shareholders: For Against Abstain 187,215,092 7,792,837 2,006,091 There were 30,003,933 broker non-votes for this proposal.”

Essential Utilities, Inc. shareholders approved Election of Directors at the 2023-05-03 meeting.

“1. The following nominees were elected as directors of the Company to serve for one-year terms and until their successors are elected and qualified. The votes received are set forth adjacent to the names below: Name of Nominee For Withheld Elizabeth B. Amato 191,582,567 5,431,453 David A. Ciesinski 193,575,295 3,438,725 Christopher H. Franklin 186,443,865 10,570,155 Daniel J. Hilferty 193,553,356 3,460,664 Edwina Kelly 194,947,839 2,066,181 W. Bryan Lewis 195,037,600 1,976,420 Ellen T. Ruff 190,037,832 6,976,188 Lee C. Stewart 191,930,699 5,083,321 There were 30,003,933 broker non-votes recorded for each nominee.”

Essential Utilities, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $705.4 million, net income $114.9 million, EPS $0.44.

“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”

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.

“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.”

Essential Utilities, Inc. reported Q3 2022 results: revenue $434.6 million, net income $68.6 million, EPS $0.26. Guidance reaffirmed.

“the third quarter of 2021. Regulated water segment rates, customer growth and increased volume were offset by increased expenses and other items. Revenues for the quarter were $434.6 million, an increase of 20.1% compared to $361.9 million in the third quarter of 2021. Recovery of higher purchased gas costs, and additional revenues from rates and surcharges, customer”

W. Bryan Lewis was elected as Director at Essential Utilities, Inc..

“On October 26, 2022, the Board of Directors elected W. Bryan Lewis to fill a vacancy and serve on the Board of Directors”

Richard Fox departed as Executive Vice President and Chief Operating Officer at Essential Utilities, Inc..

“On October 17, 2022, Essential Utilities, Inc. (the “Company”) announced that Richard Fox, Executive Vice President and Chief Operating Officer, is retiring effective December 1, 2022.”

Francis O. Idehen resigned as Director at Essential Utilities, Inc..

“On March 18, 2022, Francis O. Idehen, a member of the Board of Directors of Essential Utilities, Inc. (the “Company”) since 2019, informed the Company’s Chief Executive Officer that he intended to resign from the Board of Directors in connection with beginning a new employment opportunity.”

David A. Ciesinski was appointed as Director at Essential Utilities, Inc..

“appointed David A. Ciesinski to the Board, effective on July 2, 2021”