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UNITIL Corporation

Utilities US UTL

54.11USD
0.33(0.61%)

Last update at 2024-12-24T22:00:00Z

Day Range

53.5454.11
LowHigh

52 Week Range

41.0859.17
LowHigh

Fundamentals

  • Previous Close 53.78
  • Market Cap836.78M
  • Volume28368
  • P/E Ratio18.83
  • Dividend Yield3.12%
  • EBITDA151.83M
  • Revenue TTM589.00M
  • Revenue Per Share TTM36.83
  • Gross Profit TTM 169.00M
  • Diluted EPS TTM2.76

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 52.60M 47.60M 42.40M 58.00M 41.40M
Minority interest - - 0.20M 0.20M 0.20M
Net income 41.40M 36.10M 32.20M 44.20M 33.00M
Selling general administrative - - - 4.60M 5.50M
Selling and marketing expenses - - - - -
Gross profit 169.00M 161.80M 149.80M 147.80M 144.00M
Reconciled depreciation 62.60M 59.50M 54.50M 52.00M 50.40M
Ebit 80.50M 77.80M 71.40M 73.10M 67.80M
Ebitda 143.50M 134.30M 123.30M 136.60M 118.20M
Depreciation and amortization 63.00M 56.50M 51.90M 63.50M 50.40M
Non operating income net other -2.40000M -4.60000M 5.20M 8.60M -5.80000M
Operating income 80.50M 77.80M 71.40M 73.10M 71.20M
Other operating expenses 482.70M 395.50M 347.20M 365.10M 372.90M
Interest expense 28.30M 27.20M 26.40M 26.60M 26.40M
Tax provision 11.20M 11.50M 10.20M 13.80M 8.40M
Interest income 2.80M 25.60M 2.60M 2.90M 2.40M
Net interest income -25.50000M -25.60000M -23.80000M -23.70000M -24.00000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 11.20M 11.50M 10.20M 13.80M 8.40M
Total revenue 563.20M 473.30M 418.60M 438.20M 444.10M
Total operating expenses 88.50M 84.00M 78.40M 74.70M 72.80M
Cost of revenue 394.20M 311.50M 268.80M 290.40M 300.10M
Total other income expense net -27.90000M -30.20000M -29.00000M -15.10000M -5.80000M
Discontinued operations - - - - -
Net income from continuing ops 41.40M 36.10M 32.20M 44.20M 33.01M
Net income applicable to common shares 41.40M 36.10M 32.20M 44.20M 33.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 1590.40M 1540.30M 1477.90M 1370.80M 1298.30M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 110.20M 8.10M 6.40M 5.80M 7.00M
Total liab 1122.80M 1091.80M 1088.70M 994.00M 947.00M
Total stockholder equity 467.60M 448.50M 389.20M 376.80M 351.30M
Deferred long term liab 163.40M 108.90M 109.00M 103.60M 97.80M
Other current liab 68.80M 48.30M 39.40M 43.50M 45.00M
Common stock 334.90M 332.10M 285.30M 282.50M 279.10M
Capital stock 335.10M 332.30M 285.50M 282.70M 279.30M
Retained earnings 132.50M 116.20M 103.70M 94.10M 72.00M
Other liab 370.70M 420.50M 429.50M 393.60M 364.40M
Good will - - - - -
Other assets 53.80M 118.70M 1338.00M 118.60M 104.50M
Cash 9.00M 6.50M 6.00M 5.20M 7.80M
Cash and equivalents 9.00M 6.50M 6.00M 5.20M 7.80M
Total current liabilities 260.10M 173.50M 136.10M 159.80M 192.50M
Current deferred revenue - 0.50M 0.30M 0.60M 0.60M
Net debt 602.80M 563.60M 580.30M 510.40M 486.60M
Short term debt 122.70M 72.30M 63.20M 78.10M 104.30M
Short long term debt 122.70M 72.30M 63.20M 78.10M 101.20M
Short long term debt total 611.80M 570.10M 586.30M 515.60M 494.40M
Other stockholder equity -467.60000M - 401.80M 356.00M 332.50M
Property plant equipment 56.90M 1261.90M 1198.40M 1115.50M 1036.80M
Total current assets 194.80M 159.70M 139.30M 130.90M 152.20M
Long term investments - - - 5.80M 4.80M
Net tangible assets 956.50M 448.30M 912.10M 814.10M 738.50M
Short term investments - - - - -
Net receivables 164.60M 135.50M 117.80M 111.20M 129.60M
Long term debt 489.10M 497.80M 523.10M 437.50M 387.40M
Inventory 13.20M 9.60M 9.10M 8.70M 7.80M
Accounts payable 68.60M 52.40M 33.20M 37.60M 42.60M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - -401.80000M -356.00000M -332.50000M
Additional paid in capital - - - - -
Common stock total equity 334.90M 332.10M 285.30M 282.50M 279.10M
Preferred stock total equity 0.20M 0.20M 0.20M 0.20M 0.20M
Retained earnings total equity 132.50M 116.20M 103.70M 94.10M 72.00M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -103.80000M 118.70M 140.20M 20.80M 109.30M
Deferred long term asset charges - - - - -
Non current assets total 1395.60M 1380.60M 1338.60M 1239.90M 1146.10M
Capital lease obligations - - - - 2.70M
Long term debt total 489.20M 497.80M 523.10M 437.50M 390.10M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -122.10000M -115.00000M -122.60000M -105.80000M -102.40000M
Change to liabilities 16.20M 19.20M -4.40000M -5.00000M 1.10M
Total cashflows from investing activities -122.10000M -115.00000M -122.60000M -105.80000M -102.40000M
Net borrowings 41.50M -16.50000M 70.40M 21.30M 44.30M
Total cash from financing activities 26.90M 7.70M 47.70M -1.70000M 22.80M
Change to operating activities -3.70000M 2.20M -3.10000M 2.50M 3.60M
Net income 41.40M 36.10M 32.20M 44.20M 33.00M
Change in cash 2.50M 0.50M 0.80M -2.60000M -1.10000M
Begin period cash flow 6.50M 6.00M 5.20M 7.80M 8.90M
End period cash flow 9.00M 6.50M 6.00M 5.20M 7.80M
Total cash from operating activities 97.70M 107.80M 75.70M 104.90M 78.50M
Issuance of capital stock 1.00M 45.50M 1.10M 1.10M 1.20M
Depreciation 62.60M 59.50M 54.50M 52.00M 50.40M
Other cashflows from investing activities - 0.00000M 0.00000M 13.40M -
Dividends paid 25.10M 23.60M 22.60M 22.10M 21.80M
Change to inventory - -8.80000M -1.60000M 2.60M -1.40000M
Change to account receivables -6.90000M -4.90000M -6.90000M 11.70M 0.60M
Sale purchase of stock 1.00M 9.40M 95.80M 40.10M 74.40M
Other cashflows from financing activities 61.50M 2.30M -1.70000M -2.00000M 2.10M
Change to netincome 11.70M 6.00M 11.70M -4.00000M 10.30M
Capital expenditures 122.10M 115.00M 122.60M 119.20M 102.40M
Change receivables -6.90000M -4.90000M -6.90000M 11.70M -1.70000M
Cash flows other operating -27.30000M -14.80000M -11.40000M 6.00M -14.60000M
Exchange rate changes - - - - -
Cash and cash equivalents changes 2.50M 0.50M 0.80M -2.60000M -1.10000M
Change in working capital -6.00000M 6.20M -15.30000M 13.90M 3.90M
Stock based compensation - - - -13.40000M -
Other non cash items -11.30000M -4.80000M -5.00000M -5.30000M -16.80000M
Free cash flow -24.40000M -7.20000M -46.90000M -14.30000M -23.90000M

Peer Comparison

Sector: Utilities Industry: Utilities - Diversified

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
UTL
UNITIL Corporation
0.33 0.61% 54.11 18.83 17.48 1.40 1.72 2.49 9.39
IBDSF
Iberdrola S.A
-0.004 0.03% 13.60 16.24 14.71 1.51 1.42 2.45 9.52
IBDRY
Iberdrola SA
0.51 0.93% 55.30 16.07 14.58 1.50 1.41 2.42 9.41
ENLAY
ENEL Societa per Azioni
0.06 0.85% 7.12 12.18 10.44 0.74 1.96 1.40 7.34
ESOCF
Enel SpA
0.04 0.60% 7.13 12.02 10.42 0.73 1.95 1.40 7.34

Reports Covered

Stock Research & News

Profile

Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through two segments, Utility Electric Operations, Utility Gas Operations. The company distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire and portions of southern and central Maine, including the city of Portland and the Lewiston-Auburn area, as well as electricity and natural gas in the greater Fitchburg area of north central Massachusetts. It also operates 86 miles of interstate underground natural gas transmission pipeline that provides interstate natural gas pipeline access and transportation services primarily in Maine and New Hampshire. In addition, the company provides real estate management services. It serves approximately 108,100 electric customers and 87,500 natural gas customers. Unitil Corporation was incorporated in 1984 and is headquartered in Hampton, New Hampshire.

UNITIL Corporation

6 Liberty Lane West, Hampton, NH, United States, 03842-1720

Key Executives

Name Title Year Born
Mr. Thomas P. Meissner Jr. Chairman, Pres & CEO 1962
Mr. Robert B. Hevert CFA Sr. VP, CFO & Treasurer 1961
Mr. Justin Eisfeller VP & CTO 1967
Mr. Todd R. Black Sr. VP of External Affairs & Customer Relations 1964
Mr. Daniel J. Hurstak Chief Accounting Officer & Controller 1980
Todd R. Diggins Investor Relations Officer NA
Ms. Sandra L. Whitney Corp. Sec. 1963
Mr. George E. Long Jr. VP of Admin. - Unitil Service 1957

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