GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Essential Utilities Inc (NYSE:WTRG) » Definitions » Capex-to-Operating-Income

Essential Utilities (Essential Utilities) Capex-to-Operating-Income : 1.10 (As of Mar. 2024)


View and export this data going back to 1980. Start your Free Trial

What is Essential Utilities Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Essential Utilities's Capital Expenditure for the three months ended in Mar. 2024 was $-253.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $230.67 Mil.

Hence, Essential Utilities's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.10.


Essential Utilities Capex-to-Operating-Income Historical Data

The historical data trend for Essential Utilities's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Essential Utilities Capex-to-Operating-Income Chart

Essential Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.92 1.69 1.61 1.73

Essential Utilities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.08 1.96 2.38 1.87 1.10

Competitive Comparison of Essential Utilities's Capex-to-Operating-Income

For the Utilities - Regulated Water subindustry, Essential Utilities's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Essential Utilities's Capex-to-Operating-Income Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Essential Utilities's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Essential Utilities's Capex-to-Operating-Income falls into.



Essential Utilities Capex-to-Operating-Income Calculation

Essential Utilities's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1199.103) / 692.097
=1.73

Essential Utilities's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-252.998) / 230.666
=1.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Essential Utilities  (NYSE:WTRG) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Essential Utilities Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of Essential Utilities's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Essential Utilities (Essential Utilities) Business Description

Traded in Other Exchanges
Address
762 West Lancaster Avenue, Bryn Mawr, PA, USA, 19010-3489
Essential Utilities is a Pennsylvania-based holding company for U.S. water, wastewater, and natural gas distribution utilities. The company's water business serves 3 million people in eight states. Nearly three fourths of its water earnings come from Pennsylvania, primarily suburban Philadelphia. Its Peoples subsidiary serves more than 700,000 gas distribution customers in Pennsylvania and Kentucky. Essential exited its noncore competitive water and energy services businesses.
Executives
Roderick K West director 1600 PERDIDO STREET, BLDG 505, NEW ORLEANS LA 70112
Arnold Colleen officer: President 762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Chris Franklin officer: Aqua America Southern Oper 762 W.LANCASTER AVE, BRYN MAWR PA 19010
Michael Huwar officer: President 762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Ellen T Ruff director 762, W LANCASTER AVE, BRYN MAWR PA 19010
Wilbert Bryan Lewis director 762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Robert A Rubin officer: Chief Accounting Officer 762 W LANCASTER AVE, BRYN MAWR PA 19010
Daniel Schuller officer: Executive Vice President 40 SACHEM ROAD, GREENWICH CT 06830
David Alan Ciesinski director H. J. HEINZ COMPANY, P.O. BOX 57, PITTSBURGH PA 15230
Edwina Kelly director 510 MADISON AVENUE, 15FL, NEW YORK NY 10022
Richard Scott Fox officer: Chief Operating Officer 14812 BALLANTYNE COUNTRY CLUB DRIVE, CHARLOTTE NC 28277
Matthew Rhodes officer: EVP, Strategy & Corp Dev 762 LANCASTER AVE, BRYN MAWR PA 19010
Wendy Franks director ONE QUEEN STREET EAST, SUITE 2500, TORONTO A6 M5C 2W5
Hilferty Daniel J Iii director C/O FS INVESTMENT CORPORATION III, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Christopher Paul Luning officer: Sr. VP, General Counsel & Sec 762 W. LANCASTER AVE, BRYN MAWR PA 19010