Essential Utilities, Inc. 8K
0001552781-26-000404
View on SEC EDGAREssential Utilities reported Q2 2026 earnings, raised its dividend, detailed continued infrastructure and acquisition investment, and confirmed regulatory progress and expected Q1 2027 closing for its merger with American Water Works Company, Inc.
Essential Utilities, Inc. reported its second quarter 2026 results, including GAAP EPS of $0.37 and non-GAAP EPS of $0.38 excluding merger-related costs, modest year-over-year revenue growth to $530.9 million, and continued heavy infrastructure investment of $662.2 million year-to-date, while affirming long-term EPS growth guidance of 5%–7% CAGR through 2027 and a 2026 capex plan of $1.7 billion. The company increased its quarterly dividend by 5.25% to $0.3606 per share, outlined multiple approved and pending rate cases across its water and gas segments, and highlighted ongoing acquisition-driven expansion, including the closing of a Texas wastewater system and several signed purchase agreements totaling approximately $282 million and over 200,000 customer equivalents. Importantly, management reported further regulatory progress on its pending merger with American Water Works Company, Inc., noting merger approvals from utility regulators in Virginia, Ohio, and Kentucky, strong shareholder support with about 95% of voted shares in favor at the February 2026 special meeting, and reiterated expectations that the merger will close in the first quarter of 2027.
Filing Facts
- CIK
- 78128
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001552781-26-000404
- Alert Tier
- 8