2024 Q1 Form 10-K Financial Statement
#000156276224000047 Filed on February 29, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $612.1M | $479.4M | $2.054B |
YoY Change | -15.75% | -32.03% | -10.24% |
Cost Of Revenue | $129.7M | $37.47M | $352.3M |
YoY Change | -49.41% | -84.84% | -41.48% |
Gross Profit | $482.4M | $442.0M | $1.702B |
YoY Change | 2.61% | -3.56% | 0.92% |
Gross Profit Margin | 78.81% | 92.18% | 82.85% |
Selling, General & Admin | $1.095M | $1.498M | $6.942M |
YoY Change | -68.01% | -48.91% | -12.68% |
% of Gross Profit | 0.23% | 0.34% | 0.41% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $89.80M | $88.21M | $343.7M |
YoY Change | 7.17% | 9.0% | 7.01% |
% of Gross Profit | 18.62% | 19.96% | 20.2% |
Operating Expenses | $251.7M | $268.0M | $1.009B |
YoY Change | 2.89% | -7.06% | -1.51% |
Operating Profit | $230.7M | $174.0M | $692.1M |
YoY Change | 2.3% | 2.36% | 4.67% |
Interest Expense | -$67.60M | -$69.85M | $283.4M |
YoY Change | -193.03% | 12.35% | 19.0% |
% of Operating Profit | -29.31% | -40.15% | 40.94% |
Other Income/Expense, Net | $442.0K | $612.0K | $2.613M |
YoY Change | 84.17% | -120.0% | -628.95% |
Pretax Income | $255.1M | $104.6M | $431.8M |
YoY Change | 59.66% | -0.31% | -4.24% |
Income Tax | -$10.64M | -$30.83M | -$66.45M |
% Of Pretax Income | -4.17% | -29.47% | -15.39% |
Net Earnings | $265.8M | $135.4M | $498.2M |
YoY Change | 38.83% | 17.85% | 7.09% |
Net Earnings / Revenue | 43.42% | 28.25% | 24.26% |
Basic Earnings Per Share | $0.97 | $1.86 | |
Diluted Earnings Per Share | $0.97 | $0.50 | $1.86 |
COMMON SHARES | |||
Basic Shares Outstanding | 273.3M | 273.2M | 267.2M |
Diluted Shares Outstanding | 273.7M | 267.7M |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $35.20M | $4.612M | $4.612M |
YoY Change | 74.7% | -59.54% | -59.54% |
Cash & Equivalents | $35.20M | $4.612M | |
Short-Term Investments | |||
Other Short-Term Assets | $152.9M | $492.0M | $492.0M |
YoY Change | -15.11% | 104.39% | 104.39% |
Inventory | $66.80M | $112.7M | $112.7M |
Prepaid Expenses | |||
Receivables | $164.6M | $144.3M | $139.4M |
Other Receivables | $0.00 | $0.00 | $4.887M |
Total Short-Term Assets | $419.5M | $492.0M | $492.0M |
YoY Change | -17.7% | -25.25% | -25.25% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $12.26B | $12.10B | $12.10B |
YoY Change | 8.51% | 8.68% | 8.27% |
Goodwill | $2.341B | $2.341B | |
YoY Change | 0.0% | 0.0% | |
Intangibles | $3.513M | $3.593M | |
YoY Change | -20.38% | -21.96% | |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.999B | $4.252B | $4.252B |
YoY Change | 22.8% | 175.62% | 175.62% |
Total Long-Term Assets | $16.63B | $16.35B | $16.35B |
YoY Change | 8.66% | 8.56% | 8.56% |
TOTAL ASSETS | |||
Total Short-Term Assets | $419.5M | $492.0M | $492.0M |
Total Long-Term Assets | $16.63B | $16.35B | $16.35B |
Total Assets | $17.05B | $16.84B | $16.84B |
YoY Change | 7.81% | 7.14% | 7.14% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $161.2M | $221.2M | $221.2M |
YoY Change | 3.52% | -7.39% | -7.39% |
Accrued Expenses | $130.1M | $126.9M | $180.0M |
YoY Change | 13.9% | -2.88% | 1.27% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $87.50M | $160.1M | $160.1M |
YoY Change | 288.89% | -29.92% | -29.92% |
Long-Term Debt Due | $67.25M | $67.42M | $227.5M |
YoY Change | -66.15% | -66.18% | 14.14% |
Total Short-Term Liabilities | $678.6M | $797.9M | $797.9M |
YoY Change | -15.52% | -21.91% | -21.91% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $6.856B | $6.826B | $6.826B |
YoY Change | 5.73% | 7.14% | 7.14% |
Other Long-Term Liabilities | $23.70M | $24.09M | $3.321B |
YoY Change | -13.15% | -15.67% | 107.19% |
Total Long-Term Liabilities | $6.880B | $6.850B | $10.15B |
YoY Change | 5.65% | 7.04% | 27.25% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $678.6M | $797.9M | $797.9M |
Total Long-Term Liabilities | $6.880B | $6.850B | $10.15B |
Total Liabilities | $7.558B | $7.648B | $10.95B |
YoY Change | 3.33% | 3.05% | 5.84% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $1.889B | $1.707B | |
YoY Change | 14.48% | 11.23% | |
Common Stock | $4.281B | $4.276B | |
YoY Change | 8.28% | 8.89% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $88.44M | $86.49M | |
YoY Change | 1.27% | 3.34% | |
Treasury Stock Shares | |||
Shareholders Equity | $6.081B | $5.896B | $5.896B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $17.05B | $16.84B | $16.84B |
YoY Change | 7.81% | 7.14% | 7.14% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $265.8M | $135.4M | $498.2M |
YoY Change | 38.83% | 17.85% | 7.09% |
Depreciation, Depletion And Amortization | $89.80M | $88.21M | $343.7M |
YoY Change | 7.17% | 9.0% | 7.01% |
Cash From Operating Activities | $240.7M | $129.0M | $933.6M |
YoY Change | -40.07% | 58.99% | 55.52% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $253.0M | $324.6M | $1.199B |
YoY Change | 3.8% | -5.38% | 12.83% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $48.00K | $21.59M | $19.08M |
YoY Change | -114.95% | -277.6% | -7140.59% |
Cash From Investing Activities | -$86.48M | -$303.0M | -$1.222B |
YoY Change | -64.44% | -14.7% | 3.69% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | -$12.02M | ||
YoY Change | -1108.72% | ||
Debt Paid & Issued, Net | $586.6M | $876.4M | |
YoY Change | 410.62% | -10.32% | |
Cash From Financing Activities | -123.6M | 170.1M | 281.4M |
YoY Change | -17.39% | -35.1% | -51.39% |
NET CHANGE | |||
Cash From Operating Activities | 240.7M | 129.0M | 933.6M |
Cash From Investing Activities | -86.48M | -303.0M | -1.222B |
Cash From Financing Activities | -123.6M | 170.1M | 281.4M |
Net Change In Cash | 30.59M | -3.893M | -6.786M |
YoY Change | 249.54% | -67.47% | -916.61% |
FREE CASH FLOW | |||
Cash From Operating Activities | $240.7M | $129.0M | $933.6M |
Capital Expenditures | $253.0M | $324.6M | $1.199B |
Free Cash Flow | -$12.29M | -$195.6M | -$265.5M |
YoY Change | -107.78% | -25.33% | -42.59% |
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778754000 | |
CY2023Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
848000 | |
CY2022Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
843000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
34425000 | |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
37666000 | |
CY2022Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
974000 | |
CY2023Q4 | us-gaap |
Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
|
38850000 | |
CY2022Q4 | us-gaap |
Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
|
31244000 | |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
24086000 | |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
28562000 | |
CY2023Q4 | wtrg |
Liabilities Noncurrent Less Long Term Debt
LiabilitiesNoncurrentLessLongTermDebt
|
2676198000 | |
CY2022Q4 | wtrg |
Liabilities Noncurrent Less Long Term Debt
LiabilitiesNoncurrentLessLongTermDebt
|
2338541000 | |
CY2023Q4 | us-gaap |
Contributions In Aid Of Construction
ContributionsInAidOfConstruction
|
645066000 | |
CY2022Q4 | us-gaap |
Contributions In Aid Of Construction
ContributionsInAidOfConstruction
|
610254000 | |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
16841459000 | |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
15719107000 | |
CY2023 | us-gaap |
Revenues
Revenues
|
2053824000 | |
CY2022 | us-gaap |
Revenues
Revenues
|
2288032000 | |
CY2021 | us-gaap |
Revenues
Revenues
|
1878144000 | |
CY2023 | us-gaap |
Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
|
575518000 | |
CY2022 | us-gaap |
Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
|
613649000 | |
CY2021 | us-gaap |
Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
|
550580000 | |
CY2023 | us-gaap |
Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
|
352306000 | |
CY2022 | us-gaap |
Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
|
601995000 | |
CY2021 | us-gaap |
Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
|
340262000 | |
CY2023 | us-gaap |
Depreciation
Depreciation
|
338655000 | |
CY2022 | us-gaap |
Depreciation
Depreciation
|
315811000 | |
CY2021 | us-gaap |
Depreciation
Depreciation
|
292191000 | |
CY2023 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
5040000 | |
CY2022 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
5366000 | |
CY2021 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
5761000 | |
CY2023 | us-gaap |
Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
|
90208000 | |
CY2022 | us-gaap |
Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
|
90024000 | |
CY2021 | us-gaap |
Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
|
86641000 | |
CY2023 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1361727000 | |
CY2022 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1626845000 | |
CY2021 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1275435000 | |
CY2023 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
692097000 | |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
661187000 | |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
602709000 | |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
283362000 | |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
238116000 | |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
207709000 | |
CY2023 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
3401000 | |
CY2022 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
3675000 | |
CY2021 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
2384000 | |
CY2023 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
|
16967000 | |
CY2022 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
|
23665000 | |
CY2021 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
|
20792000 | |
CY2023 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
65000 | |
CY2022 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
991000 | |
CY2021 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
976000 | |
CY2023 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2613000 | |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-494000 | |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2848000 | |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
431781000 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
450908000 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
422000000 | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-66445000 | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-14329000 | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-9612000 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
498226000 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
465237000 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
431612000 | |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
498226000 | |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
465237000 | |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
431612000 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.86 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.77 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.68 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.86 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.77 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.67 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
267171000 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
262246000 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
257487000 | |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
267659000 | |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
262868000 | |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
258180000 | |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.50 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.50 | |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
138297000 | |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
133486000 | |
CY2023Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
4137696000 | |
CY2022Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3793262000 | |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1706675000 | |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1534331000 | |
CY2023Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
86485000 | |
CY2022Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
83693000 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5896183000 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5377386000 | |
CY2023Q4 | us-gaap |
Secured Debt
SecuredDebt
|
3163008000 | |
CY2022Q4 | us-gaap |
Secured Debt
SecuredDebt
|
3062395000 | |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
6938008000 | |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
6617395000 | |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
67415000 | |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
199356000 | |
CY2023Q4 | wtrg |
Debt Instrument Carrying Amount Noncurrent
DebtInstrumentCarryingAmountNoncurrent
|
6870593000 | |
CY2022Q4 | wtrg |
Debt Instrument Carrying Amount Noncurrent
DebtInstrumentCarryingAmountNoncurrent
|
6418039000 | |
CY2023Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
44508000 | |
CY2022Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
46982000 | |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
6826085000 | |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
6371057000 | |
CY2023Q4 | us-gaap |
Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
|
12722268000 | |
CY2022Q4 | us-gaap |
Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
|
11748443000 | |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4683877000 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
431612000 | |
CY2021 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.0378 | |
CY2021 | us-gaap |
Dividends Common Stock Paidinkind
DividendsCommonStockPaidinkind
|
258650000 | |
CY2021 | us-gaap |
Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
|
127749 | |
CY2021 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
374824 | |
CY2021 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
16799000 | |
CY2021 | wtrg |
Stock Issued During Period Shares New Issues Forward Equity Sale Agreement
StockIssuedDuringPeriodSharesNewIssuesForwardEquitySaleAgreement
|
6700000 | |
CY2021 | wtrg |
Stock Issued During Period Value New Issues Forward Equity Sale Agreement
StockIssuedDuringPeriodValueNewIssuesForwardEquitySaleAgreement
|
299739000 | |
CY2021 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
76732 | |
CY2021 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
3291000 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
206163 | |
CY2021 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
122297 | |
CY2021 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4172000 | |
CY2021 | wtrg |
Treasury Stock Reissued At Lower Than Repurchase Price Share Based Compensation
TreasuryStockReissuedAtLowerThanRepurchasePriceShareBasedCompensation
|
9375000 | |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
817000 | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5184450000 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
465237000 | |
CY2022 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.1104 | |
CY2022 | us-gaap |
Dividends Common Stock Paidinkind
DividendsCommonStockPaidinkind
|
288632000 | |
CY2022 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.287 | |
CY2022 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
75808000 | |
CY2022 | us-gaap |
Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
|
9029461 | |
CY2022 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
368278 | |
CY2022 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
16619000 | |
CY2022 | wtrg |
Stock Issued During Period Shares New Issues Forward Equity Sale Agreement
StockIssuedDuringPeriodSharesNewIssuesForwardEquitySaleAgreement
|
1321994 | |
CY2022 | wtrg |
Stock Issued During Period Value New Issues Forward Equity Sale Agreement
StockIssuedDuringPeriodValueNewIssuesForwardEquitySaleAgreement
|
63040000 | |
CY2022 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
25037 | |
CY2022 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1192000 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
81516 | |
CY2022 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
69684 | |
CY2022 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2475000 | |
CY2022 | wtrg |
Treasury Stock Reissued At Lower Than Repurchase Price Share Based Compensation
TreasuryStockReissuedAtLowerThanRepurchasePriceShareBasedCompensation
|
11427000 | |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
-230000 | |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5377386000 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
498226000 | |
CY2023 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.1882 | |
CY2023 | us-gaap |
Dividends Common Stock Paidinkind
DividendsCommonStockPaidinkind
|
240999000 | |
CY2023 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.3071 | |
CY2023 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
83929000 | |
CY2023 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
430487 | |
CY2023 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
16005000 | |
CY2023 | wtrg |
Stock Issued During Period Shares New Issues Forward Equity Sale Agreement
StockIssuedDuringPeriodSharesNewIssuesForwardEquitySaleAgreement
|
8938839 | |
CY2023 | wtrg |
Stock Issued During Period Value New Issues Forward Equity Sale Agreement
StockIssuedDuringPeriodValueNewIssuesForwardEquitySaleAgreement
|
322983000 | |
CY2023 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
89785 | |
CY2023 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
3981000 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
244407 | |
CY2023 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
8174 | |
CY2023 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
287000 | |
CY2023 | wtrg |
Treasury Stock Reissued At Lower Than Repurchase Price Share Based Compensation
TreasuryStockReissuedAtLowerThanRepurchasePriceShareBasedCompensation
|
10376000 | |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
-171000 | |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5896183000 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
498226000 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
465237000 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
431612000 | |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
343695000 | |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
321177000 | |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
297952000 | |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-79845000 | |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-23045000 | |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-8514000 | |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
23209000 | |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
27631000 | |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
27336000 | |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11323000 | |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
12206000 | |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10078000 | |
CY2023 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
65000 | |
CY2022 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
991000 | |
CY2021 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
1589000 | |
CY2023 | wtrg |
Increase Decrease In Inventories Receivables And Prepayments
IncreaseDecreaseInInventoriesReceivablesAndPrepayments
|
-189989000 | |
CY2022 | wtrg |
Increase Decrease In Inventories Receivables And Prepayments
IncreaseDecreaseInInventoriesReceivablesAndPrepayments
|
223335000 | |
CY2021 | wtrg |
Increase Decrease In Inventories Receivables And Prepayments
IncreaseDecreaseInInventoriesReceivablesAndPrepayments
|
109605000 | |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-14559000 | |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
53761000 | |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
5190000 | |
CY2023 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-20343000 | |
CY2022 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-22027000 | |
CY2021 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-15135000 | |
CY2023 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
18043000 | |
CY2022 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
10308000 | |
CY2021 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-7354000 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
933587000 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
600306000 | |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
644679000 | |
CY2023 | wtrg |
Debt Component Of Allowance For Funds Used During Construction
DebtComponentOfAllowanceForFundsUsedDuringConstruction
|
5241000 | |
CY2022 | wtrg |
Debt Component Of Allowance For Funds Used During Construction
DebtComponentOfAllowanceForFundsUsedDuringConstruction
|
6047000 | |
CY2021 | wtrg |
Debt Component Of Allowance For Funds Used During Construction
DebtComponentOfAllowanceForFundsUsedDuringConstruction
|
4510000 | |
CY2023 | us-gaap |
Payments To Acquire Buildings
PaymentsToAcquireBuildings
|
1199103000 | |
CY2022 | us-gaap |
Payments To Acquire Buildings
PaymentsToAcquireBuildings
|
1062763000 | |
CY2021 | us-gaap |
Payments To Acquire Buildings
PaymentsToAcquireBuildings
|
1020519000 | |
CY2023 | us-gaap |
Payments To Acquire Waste Water Systems
PaymentsToAcquireWasteWaterSystems
|
45303000 | |
CY2022 | us-gaap |
Payments To Acquire Waste Water Systems
PaymentsToAcquireWasteWaterSystems
|
116891000 | |
CY2021 | us-gaap |
Payments To Acquire Waste Water Systems
PaymentsToAcquireWasteWaterSystems
|
36326000 | |
CY2023 | wtrg |
Proceeds From Sale Of Utility System And Other
ProceedsFromSaleOfUtilitySystemAndOther
|
41758000 | |
CY2022 | wtrg |
Proceeds From Sale Of Utility System And Other
ProceedsFromSaleOfUtilitySystemAndOther
|
1081000 | |
CY2021 | wtrg |
Proceeds From Sale Of Utility System And Other
ProceedsFromSaleOfUtilitySystemAndOther
|
1819000 | |
CY2023 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
19080000 | |
CY2022 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-271000 | |
CY2021 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1032000 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1221728000 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1178302000 | |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1056058000 | |
CY2023 | wtrg |
Proceeds From Advances For Construction Financing Activities
ProceedsFromAdvancesForConstructionFinancingActivities
|
23982000 | |
CY2022 | wtrg |
Proceeds From Advances For Construction Financing Activities
ProceedsFromAdvancesForConstructionFinancingActivities
|
11714000 | |
CY2021 | wtrg |
Proceeds From Advances For Construction Financing Activities
ProceedsFromAdvancesForConstructionFinancingActivities
|
15264000 | |
CY2023 | wtrg |
Repayments Of Advances For Construction Financing Activities
RepaymentsOfAdvancesForConstructionFinancingActivities
|
8471000 | |
CY2022 | wtrg |
Repayments Of Advances For Construction Financing Activities
RepaymentsOfAdvancesForConstructionFinancingActivities
|
5006000 | |
CY2021 | wtrg |
Repayments Of Advances For Construction Financing Activities
RepaymentsOfAdvancesForConstructionFinancingActivities
|
7725000 | |
CY2023 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-68377000 | |
CY2022 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
163500000 | |
CY2021 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-13350000 | |
CY2023 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1207619000 | |
CY2022 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1646742000 | |
CY2021 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1095171000 | |
CY2023 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
876379000 | |
CY2022 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
977175000 | |
CY2021 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
769546000 | |
CY2023 | wtrg |
Proceeds From Repayments Of Bank Overdrafts Less Short Term Debt
ProceedsFromRepaymentsOfBankOverdraftsLessShortTermDebt
|
-15336000 | |
CY2022 | wtrg |
Proceeds From Repayments Of Bank Overdrafts Less Short Term Debt
ProceedsFromRepaymentsOfBankOverdraftsLessShortTermDebt
|
-53028000 | |
CY2021 | wtrg |
Proceeds From Repayments Of Bank Overdrafts Less Short Term Debt
ProceedsFromRepaymentsOfBankOverdraftsLessShortTermDebt
|
37719000 | |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
16005000 | |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
16619000 | |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
16799000 | |
CY2021 | wtrg |
Proceeds From Forward Equity Sale Agreement
ProceedsFromForwardEquitySaleAgreement
|
299739000 | |
CY2023 | us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
322983000 | |
CY2022 | us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
63040000 | |
CY2023 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
287000 | |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2475000 | |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
4172000 | |
CY2023 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
3981000 | |
CY2022 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1192000 | |
CY2021 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
3291000 | |
CY2023 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
316806000 | |
CY2022 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
288632000 | |
CY2021 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
258650000 | |
CY2023 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-171000 | |
CY2022 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-230000 | |
CY2021 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
817000 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
281355000 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
578827000 | |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
417119000 | |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-6786000 | |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
831000 | |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
5740000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
11398000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10567000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4827000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4612000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
11398000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10567000 | |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
272532000 | |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
225820000 | |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
201792000 | |
CY2023 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
7839000 | |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
11269000 | |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
5692000 | |
CY2023 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
102770000 | |
CY2022 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
102129000 | |
CY2021 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
95945000 | |
CY2023 | wtrg |
Non Cash Customer Advances And Contributions In Aid Of Construction
NonCashCustomerAdvancesAndContributionsInAidOfConstruction
|
56297000 | |
CY2022 | wtrg |
Non Cash Customer Advances And Contributions In Aid Of Construction
NonCashCustomerAdvancesAndContributionsInAidOfConstruction
|
35698000 | |
CY2021 | wtrg |
Non Cash Customer Advances And Contributions In Aid Of Construction
NonCashCustomerAdvancesAndContributionsInAidOfConstruction
|
36882000 | |
CY2023 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: italic;font-weight: bold;margin: 0;padding: 0;">Nature of Operations</span><span style="white-space:pre-wrap; font-family: 'Garamond', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: italic;font-weight: bold;margin: 0;padding: 0;">─</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> Essential Utilities, Inc. (“Essential Utilities,” the “Company,” “we,” “our”, or “us”) is the holding company for regulated utilities providing water, wastewater, or natural gas services concentrated in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, and Kentucky under the Aqua and Peoples brands. One of our largest operating subsidiaries is Aqua Pennsylvania, Inc., which accounted for approximately </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">56</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">% of our Regulated Water segment’s operating revenues and approximately </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">68</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">% of our Regulated Water segment’s income for 2023. As of December 31, 2023, Aqua Pennsylvania provided water or wastewater services to approximately one-half of the total number of Regulated Water customers we serve. Aqua Pennsylvania’s service territory is located in the suburban areas north and west of the City of Philadelphia and in </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">27</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> other counties in Pennsylvania. The Company’s other regulated water or wastewater utility subsidiaries provide similar services in </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">seven</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> additional states. Our Peoples subsidiaries provide natural gas service to approximately </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">744,000</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> customers in western Pennsylvania and Kentucky.</span><span style="white-space:pre-wrap; font-family: 'Garamond', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Approximately </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">95</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">% of the total number of natural gas utility customers we serve are in western Pennsylvania. The Company also operates market-based activities, conducted through its non-regulated subsidiaries, that provide utility service line protection solutions and repair services to households and gas marketing and production activities. </span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 11pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 11pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">In December 2022, the Company signed an agreement to sell its regulated natural gas utility assets in West Virginia, which represented approximately </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">two</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> percent of the Company’s regulated natural gas customers. The sale closed on October 1, 2023, and concluded our regulated utility operations in West Virginia. In October 2023, the Company entered into an agreement to sell its interest in </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">three</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> non-utility local microgrid and distribution energy projects. This sale was completed in January 2024</span><span style="white-space:pre-wrap; font-family: 'Garamond', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">. </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">See Note 6 – </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: italic;font-weight: normal;margin: 0;padding: 0;">Assets Held for Sale and Dispositions</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> for further information.</span><span style="white-space:pre-wrap; font-family: 'Garamond', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 11pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p> | |
CY2023 | wtrg |
Number Of Non Utility Local Microgrid And Distribution Energy Projects Sold
NumberOfNonUtilityLocalMicrogridAndDistributionEnergyProjectsSold
|
3 | |
CY2023Q4 | us-gaap |
Public Utilities Property Plant And Equipment Amount Of Acquisition Adjustments1
PublicUtilitiesPropertyPlantAndEquipmentAmountOfAcquisitionAdjustments1
|
6444000 | |
CY2022Q4 | us-gaap |
Public Utilities Property Plant And Equipment Amount Of Acquisition Adjustments1
PublicUtilitiesPropertyPlantAndEquipmentAmountOfAcquisitionAdjustments1
|
6076000 | |
CY2023 | wtrg |
Public Utilities Property Plant And Equipment Amortization Of Acquisition Adjustments
PublicUtilitiesPropertyPlantAndEquipmentAmortizationOfAcquisitionAdjustments
|
2103000 | |
CY2022 | wtrg |
Public Utilities Property Plant And Equipment Amortization Of Acquisition Adjustments
PublicUtilitiesPropertyPlantAndEquipmentAmortizationOfAcquisitionAdjustments
|
2788000 | |
CY2021 | wtrg |
Public Utilities Property Plant And Equipment Amortization Of Acquisition Adjustments
PublicUtilitiesPropertyPlantAndEquipmentAmortizationOfAcquisitionAdjustments
|
2842000 | |
CY2023Q4 | wtrg |
Capitalized Costs Included In Property Plant And Equipment
CapitalizedCostsIncludedInPropertyPlantAndEquipment
|
1635000 | |
CY2023Q4 | us-gaap |
Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
|
44238000 | |
CY2023 | us-gaap |
Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
|
<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: italic;font-weight: bold;margin: 0;padding: 0;">Impairment of Long-Lived Assets</span><span style="white-space:pre-wrap; font-family: 'Garamond', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> -</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> Long-lived assets of the Company, which consist primarily of utility plant in service, operating lease right-of-use assets and intangible assets, are reviewed for impairment when changes in circumstances or events occur. These circumstances or events could include a decline in the market value or physical condition of a long-lived asset, an adverse change in the manner in which long-lived assets are used or planned to be used, a change in historical trends, operating cash flows associated with the long-lived assets, changes in macroeconomic conditions, industry and market conditions, or overall financial performance. When these circumstances or events occur, the Company determines whether it is more likely than not that the fair value of those assets is less than their carrying amount. If the Company determines that it is more likely than not (that is, the likelihood of more than 50 percent), the Company would recognize an impairment charge if it is determined that the carrying amount of an asset exceeds the sum of the undiscounted estimated cash flows. In this circumstance, the Company would recognize an impairment charge equal to the difference between the carrying amount and the fair value of the asset. Fair value is estimated to be the </span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 11pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">present value of future net cash flows associated with the asset, discounted using a discount rate commensurate with the risk and remaining life of the asset. During the years ended December 31, 2022 and 2021, the Company recorded an impairment loss to write down a portion of the operating lease right-of-use asset for office space not used in operations to fair value. Refer to Note 10 – </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: italic;font-weight: normal;margin: 0;padding: 0;">Leases</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">, for further details. </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 11pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Regulatory assets are reviewed for the continued application of the FASB accounting guidance for regulated operations. The Company’s review determines whether there have been changes in circumstances or events, such as regulatory disallowances, or abandonments, that have occurred that require adjustments to the carrying value of these assets. Adjustments to the carrying value of these assets would be made in instances where their inclusion in the rate-making process is unlikely. For utility plant in service, we would recognize an impairment loss for any amount disallowed by the respective utility commission. </span> | |
CY2023Q4 | us-gaap |
Public Utilities Amount Of Allowance For Funds Used During Construction Equity Costs Capitalized Only For Rate Making Purposes
PublicUtilitiesAmountOfAllowanceForFundsUsedDuringConstructionEquityCostsCapitalizedOnlyForRateMakingPurposes
|
11726000 | |
CY2022Q4 | us-gaap |
Public Utilities Amount Of Allowance For Funds Used During Construction Equity Costs Capitalized Only For Rate Making Purposes
PublicUtilitiesAmountOfAllowanceForFundsUsedDuringConstructionEquityCostsCapitalizedOnlyForRateMakingPurposes
|
17618000 | |
CY2021Q4 | us-gaap |
Public Utilities Amount Of Allowance For Funds Used During Construction Equity Costs Capitalized Only For Rate Making Purposes
PublicUtilitiesAmountOfAllowanceForFundsUsedDuringConstructionEquityCostsCapitalizedOnlyForRateMakingPurposes
|
16282000 | |
CY2022 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
|
0 | |
CY2023 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
|
0 | |
CY2023Q4 | us-gaap |
Bank Acceptances Executed And Outstanding
BankAcceptancesExecutedAndOutstanding
|
13358000 | |
CY2022Q4 | us-gaap |
Bank Acceptances Executed And Outstanding
BankAcceptancesExecutedAndOutstanding
|
28694000 | |
CY2023 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
1913000 | |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
2340815000 | |
CY2022 | wtrg |
Reclassification Of Goodwill Acquisition Adjustment
ReclassificationOfGoodwillAcquisitionAdjustment
|
-23000 | |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
2340792000 | |
CY2023 | wtrg |
Reclassification Of Goodwill Acquisition Adjustment
ReclassificationOfGoodwillAcquisitionAdjustment
|
-54000 | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
2340738000 | |
CY2019Q2 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
25237000 | |
CY2023Q4 | us-gaap |
Disposal Group Including Discontinued Operation Consideration
DisposalGroupIncludingDiscontinuedOperationConsideration
|
165000000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
14977021000 | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
13737387000 | |
CY2023Q4 | us-gaap |
Billed Contract Receivables
BilledContractReceivables
|
199986000 | |
CY2022Q4 | us-gaap |
Billed Contract Receivables
BilledContractReceivables
|
265504000 | |
CY2023Q4 | us-gaap |
Other Receivables
OtherReceivables
|
4887000 | |
CY2022Q4 | us-gaap |
Other Receivables
OtherReceivables
|
4801000 | |
CY2023Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
204873000 | |
CY2022Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
270305000 | |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
60573000 | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
63981000 | |
CY2023Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
144300000 | |
CY2022Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
206324000 | |
CY2021 | wtrg |
Number Of Customers Who Accounted For More Than1 Of Operating Revenues
NumberOfCustomersWhoAccountedForMoreThan1OfOperatingRevenues
|
0 | |
CY2022 | wtrg |
Number Of Customers Who Accounted For More Than1 Of Operating Revenues
NumberOfCustomersWhoAccountedForMoreThan1OfOperatingRevenues
|
0 | |
CY2023 | wtrg |
Number Of Customers Who Accounted For More Than1 Of Operating Revenues
NumberOfCustomersWhoAccountedForMoreThan1OfOperatingRevenues
|
0 | |
CY2019Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
313500000 | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
63981000 | |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
58073000 | |
CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
40099000 | |
CY2023 | us-gaap |
Premium Receivable Credit Loss Expense Reversal
PremiumReceivableCreditLossExpenseReversal
|
23209000 | |
CY2022 | us-gaap |
Premium Receivable Credit Loss Expense Reversal
PremiumReceivableCreditLossExpenseReversal
|
27631000 | |
CY2021 | us-gaap |
Premium Receivable Credit Loss Expense Reversal
PremiumReceivableCreditLossExpenseReversal
|
27336000 | |
CY2023 | us-gaap |
Premiums Receivable Allowance For Doubtful Accounts Write Offs Against Allowance
PremiumsReceivableAllowanceForDoubtfulAccountsWriteOffsAgainstAllowance
|
27759000 | |
CY2022 | us-gaap |
Premiums Receivable Allowance For Doubtful Accounts Write Offs Against Allowance
PremiumsReceivableAllowanceForDoubtfulAccountsWriteOffsAgainstAllowance
|
22507000 | |
CY2021 | us-gaap |
Premiums Receivable Allowance For Doubtful Accounts Write Offs Against Allowance
PremiumsReceivableAllowanceForDoubtfulAccountsWriteOffsAgainstAllowance
|
19731000 | |
CY2023 | us-gaap |
Premiums Receivable Allowance For Doubtful Accounts Recoveries
PremiumsReceivableAllowanceForDoubtfulAccountsRecoveries
|
1142000 | |
CY2022 | us-gaap |
Premiums Receivable Allowance For Doubtful Accounts Recoveries
PremiumsReceivableAllowanceForDoubtfulAccountsRecoveries
|
784000 | |
CY2021 | us-gaap |
Premiums Receivable Allowance For Doubtful Accounts Recoveries
PremiumsReceivableAllowanceForDoubtfulAccountsRecoveries
|
10369000 | |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
60573000 | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
63981000 | |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
58073000 | |
CY2023Q4 | us-gaap |
Regulatory Assets
RegulatoryAssets
|
1795972000 | |
CY2023Q4 | us-gaap |
Regulatory Liabilities
RegulatoryLiabilities
|
852180000 | |
CY2022Q4 | us-gaap |
Regulatory Assets
RegulatoryAssets
|
1362025000 | |
CY2022Q4 | us-gaap |
Regulatory Liabilities
RegulatoryLiabilities
|
814030000 | |
CY2023 | wtrg |
Tax Adjustment Amortization Period
TaxAdjustmentAmortizationPeriod
|
P10Y | |
CY2013 | wtrg |
Amortization Of Deferred Repair Tax Adjustment
AmortizationOfDeferredRepairTaxAdjustment
|
38000000 | |
CY2014 | wtrg |
Amortization Of Deferred Repair Tax Adjustment
AmortizationOfDeferredRepairTaxAdjustment
|
38000000 | |
CY2015 | wtrg |
Amortization Of Deferred Repair Tax Adjustment
AmortizationOfDeferredRepairTaxAdjustment
|
38000000 | |
CY2016 | wtrg |
Amortization Of Deferred Repair Tax Adjustment
AmortizationOfDeferredRepairTaxAdjustment
|
38000000 | |
CY2017 | wtrg |
Amortization Of Deferred Repair Tax Adjustment
AmortizationOfDeferredRepairTaxAdjustment
|
38000000 | |
CY2018 | wtrg |
Amortization Of Deferred Repair Tax Adjustment
AmortizationOfDeferredRepairTaxAdjustment
|
38000000 | |
CY2019 | wtrg |
Amortization Of Deferred Repair Tax Adjustment
AmortizationOfDeferredRepairTaxAdjustment
|
38000000 | |
CY2020 | wtrg |
Amortization Of Deferred Repair Tax Adjustment
AmortizationOfDeferredRepairTaxAdjustment
|
38000000 | |
CY2023 | wtrg |
Tax Adjustment Amortization Extended Period
TaxAdjustmentAmortizationExtendedPeriod
|
P3Y | |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-5132000 | |
CY2023 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
11487000 | |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
8716000 | |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
4034000 | |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
13400000 | |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
8716000 | |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-1098000 | |
CY2023 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-103617000 | |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-8258000 | |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
3036000 | |
CY2023 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
23772000 | |
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-14787000 | |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-11550000 | |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-79845000 | |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-23045000 | |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-8514000 | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-66445000 | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-14329000 | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-9612000 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.154 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.032 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.023 | |
CY2023 | us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
90674000 | |
CY2022 | us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
94691000 | |
CY2021 | us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
88620000 | |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
-117370000 | |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
-72302000 | |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
-58929000 | |
CY2023 | wtrg |
Income Tax Reconciliation Amortization Of Deferred Benefit From Repair Method Changes
IncomeTaxReconciliationAmortizationOfDeferredBenefitFromRepairMethodChanges
|
18454000 | |
CY2022 | wtrg |
Income Tax Reconciliation Amortization Of Deferred Benefit From Repair Method Changes
IncomeTaxReconciliationAmortizationOfDeferredBenefitFromRepairMethodChanges
|
21012000 | |
CY2021 | wtrg |
Income Tax Reconciliation Amortization Of Deferred Benefit From Repair Method Changes
IncomeTaxReconciliationAmortizationOfDeferredBenefitFromRepairMethodChanges
|
15155000 | |
CY2023 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-15115000 | |
CY2022 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-3972000 | |
CY2021 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-4132000 | |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-8324000 | |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-8425000 | |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-11715000 | |
CY2021 | wtrg |
Effective Income Tax Rate Reconciliation Acquisitions And Reorganizations
EffectiveIncomeTaxRateReconciliationAcquisitionsAndReorganizations
|
-4632000 | |
CY2022Q4 | wtrg |
Deferred Tax Assets Customers Advances For Construction
DeferredTaxAssetsCustomersAdvancesForConstruction
|
27009000 | |
CY2023Q4 | wtrg |
Deferred Tax Assets Costs Expensed For Book Not Deducted For Tax Principally Accrued Expenses
DeferredTaxAssetsCostsExpensedForBookNotDeductedForTaxPrincipallyAccruedExpenses
|
29135000 | |
CY2022Q4 | wtrg |
Deferred Tax Assets Costs Expensed For Book Not Deducted For Tax Principally Accrued Expenses
DeferredTaxAssetsCostsExpensedForBookNotDeductedForTaxPrincipallyAccruedExpenses
|
23585000 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
|
1368000 | |
CY2023Q4 | wtrg |
Deferred Tax Assets Tax Effect Of Regulatory Asset For Postretirement Benefits
DeferredTaxAssetsTaxEffectOfRegulatoryAssetForPostretirementBenefits
|
49199000 | |
CY2022Q4 | wtrg |
Deferred Tax Assets Tax Effect Of Regulatory Asset For Postretirement Benefits
DeferredTaxAssetsTaxEffectOfRegulatoryAssetForPostretirementBenefits
|
41602000 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
|
458001000 | |
CY2023 | wtrg |
Income Tax Reconciliation Net Change In Unrecognized Tax Benefit
IncomeTaxReconciliationNetChangeInUnrecognizedTaxBenefit
|
-4796000 | |
CY2022 | wtrg |
Income Tax Reconciliation Net Change In Unrecognized Tax Benefit
IncomeTaxReconciliationNetChangeInUnrecognizedTaxBenefit
|
718000 | |
CY2021 | wtrg |
Income Tax Reconciliation Net Change In Unrecognized Tax Benefit
IncomeTaxReconciliationNetChangeInUnrecognizedTaxBenefit
|
2270000 | |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
8148000 | |
CY2023 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-1208000 | |
CY2022 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-4027000 | |
CY2021 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-5939000 | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-66445000 | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-14329000 | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-9612000 | |
CY2023Q4 | wtrg |
Valuation Allowance For State Deferred Tax Assets
ValuationAllowanceForStateDeferredTaxAssets
|
10969000 | |
CY2020Q1 | wtrg |
Deferred Income Tax Benefit Catch Up Bonus
DeferredIncomeTaxBenefitCatchUpBonus
|
160655000 | |
CY2022 | wtrg |
Reduction In Income Tax Expense Benefit Through Surcredit
ReductionInIncomeTaxExpenseBenefitThroughSurcredit
|
22848000 | |
CY2023 | wtrg |
Reduction In Income Tax Expense Benefit Through Surcredit
ReductionInIncomeTaxExpenseBenefitThroughSurcredit
|
22848000 | |
CY2022 | wtrg |
Income Tax Expense Benefit Catch Up Adjustment Amount
IncomeTaxExpenseBenefitCatchUpAdjustmentAmount
|
14251000 | |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
18217000 | |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
20201000 | |
CY2020Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
19194000 | |
CY2023 | wtrg |
Unrecognized Tax Benefits Increase Decrease Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingFromCurrentPeriodTaxPositions
|
7219000 | |
CY2022 | wtrg |
Unrecognized Tax Benefits Increase Decrease Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingFromCurrentPeriodTaxPositions
|
-900000 | |
CY2021 | wtrg |
Unrecognized Tax Benefits Increase Decrease Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingFromCurrentPeriodTaxPositions
|
1007000 | |
CY2022 | wtrg |
Unrecognized Tax Benefits Change In Enacted Tax Rate
UnrecognizedTaxBenefitsChangeInEnactedTaxRate
|
1084000 | |
CY2023 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
17538000 | |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
7898000 | |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
18217000 | |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
20201000 | |
CY2023 | us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
23000 | |
CY2022 | us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
118000 | |
CY2021 | us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
409000 | |
CY2023Q4 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
144000 | |
CY2022Q4 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
620000 | |
CY2023Q4 | wtrg |
Deferred Tax Assets Customers Advances For Construction
DeferredTaxAssetsCustomersAdvancesForConstruction
|
20332000 | |
CY2022 | us-gaap |
Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
|
90024000 | |
CY2021 | us-gaap |
Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
|
86641000 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
|
235838000 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
|
11529000 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
|
13558000 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
1378000 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
9613000 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
570942000 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
351205000 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
149486000 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
38940000 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
421456000 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
312265000 | |
CY2023Q4 | wtrg |
Deferred Tax Liabilities Utility Plant Principally Due To Depreciation And Differences In Basis Of Fixed Assets Due To Variation In Tax And Book Accounting
DeferredTaxLiabilitiesUtilityPlantPrincipallyDueToDepreciationAndDifferencesInBasisOfFixedAssetsDueToVariationInTaxAndBookAccounting
|
1662741000 | |
CY2022Q4 | wtrg |
Deferred Tax Liabilities Utility Plant Principally Due To Depreciation And Differences In Basis Of Fixed Assets Due To Variation In Tax And Book Accounting
DeferredTaxLiabilitiesUtilityPlantPrincipallyDueToDepreciationAndDifferencesInBasisOfFixedAssetsDueToVariationInTaxAndBookAccounting
|
1495526000 | |
CY2023Q4 | wtrg |
Deferred Tax Liabilities Deferred Taxes Associated With Gross Up Of Revenues Necessary To Recover In Rates Effect Of Temporary Differences
DeferredTaxLiabilitiesDeferredTaxesAssociatedWithGrossUpOfRevenuesNecessaryToRecoverInRatesEffectOfTemporaryDifferences
|
348646000 | |
CY2022Q4 | wtrg |
Deferred Tax Liabilities Deferred Taxes Associated With Gross Up Of Revenues Necessary To Recover In Rates Effect Of Temporary Differences
DeferredTaxLiabilitiesDeferredTaxesAssociatedWithGrossUpOfRevenuesNecessaryToRecoverInRatesEffectOfTemporaryDifferences
|
128975000 | |
CY2022Q4 | wtrg |
Deferred Tax Liabilities Tax Effect Of Regulatory Asset For Postretirement Benefits
DeferredTaxLiabilitiesTaxEffectOfRegulatoryAssetForPostretirementBenefits
|
6130000 | |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
|
10301000 | |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
|
12250000 | |
CY2023Q4 | wtrg |
Deferred Tax Liabilities Tax Effect Of Regulatory Liabilities For Post Retirement Benefits
DeferredTaxLiabilitiesTaxEffectOfRegulatoryLiabilitiesForPostRetirementBenefits
|
28092000 | |
CY2022Q4 | wtrg |
Deferred Tax Liabilities Tax Effect Of Regulatory Liabilities For Post Retirement Benefits
DeferredTaxLiabilitiesTaxEffectOfRegulatoryLiabilitiesForPostRetirementBenefits
|
15150000 | |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
2049780000 | |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
1658031000 | |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
1628324000 | |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
1345766000 | |
CY2024Q4 | wtrg |
Cumulative State Valuation Allowance
CumulativeStateValuationAllowance
|
1950378000 | |
CY2023Q4 | wtrg |
Cumulative Federal Charitable Contribution
CumulativeFederalCharitableContribution
|
48014000 | |
CY2023Q4 | wtrg |
Cumulative Federal Charitable Contribution Valuation Allowance
CumulativeFederalCharitableContributionValuationAllowance
|
38798000 | |
CY2023Q4 | wtrg |
Cumulative State Charitable Contribution
CumulativeStateCharitableContribution
|
77263000 | |
CY2023Q4 | wtrg |
Cumulative State Charitable Contribution Valuation Allowance
CumulativeStateCharitableContributionValuationAllowance
|
71354000 | |
CY2022 | us-gaap |
Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
|
244537000 | |
CY2023 | us-gaap |
Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
|
90208000 | |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
147319000 | |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
21556000 | |
CY2023Q4 | wtrg |
Estimated Annual Commitments To Purchase Water Through Next Five Years
EstimatedAnnualCommitmentsToPurchaseWaterThroughNextFiveYears
|
3397000 | |
CY2023 | wtrg |
Long Term Purchase Aggregate Commitment Remaining Years
LongTermPurchaseAggregateCommitmentRemainingYears
|
1081000 | |
CY2023 | wtrg |
Purchase Obligation Term
PurchaseObligationTerm
|
P20Y | |
CY2023Q4 | us-gaap |
Recorded Unconditional Purchase Obligation Due Within One Year
RecordedUnconditionalPurchaseObligationDueWithinOneYear
|
1136000 | |
CY2023Q4 | us-gaap |
Recorded Unconditional Purchase Obligation Due In Second Year
RecordedUnconditionalPurchaseObligationDueInSecondYear
|
1151000 | |
CY2023Q4 | us-gaap |
Recorded Unconditional Purchase Obligation Due In Third Year
RecordedUnconditionalPurchaseObligationDueInThirdYear
|
1176000 | |
CY2023Q4 | us-gaap |
Recorded Unconditional Purchase Obligation Due In Fourth Year
RecordedUnconditionalPurchaseObligationDueInFourthYear
|
1203000 | |
CY2023Q4 | us-gaap |
Recorded Unconditional Purchase Obligation Due In Fifth Year
RecordedUnconditionalPurchaseObligationDueInFifthYear
|
1230000 | |
CY2023Q4 | us-gaap |
Recorded Unconditional Purchase Obligation Due After Fifth Year
RecordedUnconditionalPurchaseObligationDueAfterFifthYear
|
1733000 | |
CY2023 | wtrg |
Long Term Purchase Agreement
LongTermPurchaseAgreement
|
6752000 | |
CY2022 | wtrg |
Long Term Purchase Agreement
LongTermPurchaseAgreement
|
5559000 | |
CY2021 | wtrg |
Long Term Purchase Agreement
LongTermPurchaseAgreement
|
5867000 | |
CY2023 | wtrg |
Purchased Water Under Long Term Agreements
PurchasedWaterUnderLongTermAgreements
|
1103000 | |
CY2022 | wtrg |
Purchased Water Under Long Term Agreements
PurchasedWaterUnderLongTermAgreements
|
1061000 | |
CY2021 | wtrg |
Purchased Water Under Long Term Agreements
PurchasedWaterUnderLongTermAgreements
|
1017000 | |
CY2023 | wtrg |
Water Treatment Expense Under Contractual Agreement
WaterTreatmentExpenseUnderContractualAgreement
|
352306000 | |
CY2022 | wtrg |
Water Treatment Expense Under Contractual Agreement
WaterTreatmentExpenseUnderContractualAgreement
|
601995000 | |
CY2021 | wtrg |
Water Treatment Expense Under Contractual Agreement
WaterTreatmentExpenseUnderContractualAgreement
|
340262000 | |
CY2023Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
24643000 | |
CY2023Q4 | us-gaap |
Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
|
1340000 | |
CY2023 | wtrg |
Contingent Liability For Self Insured Employee Medical Benefit Program
ContingentLiabilityForSelfInsuredEmployeeMedicalBenefitProgram
|
1846000 | |
CY2022 | wtrg |
Contingent Liability For Self Insured Employee Medical Benefit Program
ContingentLiabilityForSelfInsuredEmployeeMedicalBenefitProgram
|
2327000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P50Y | |
CY2022Q1 | us-gaap |
Net Rentable Area
NetRentableArea
|
37000 | |
CY2022Q1 | us-gaap |
Liabilities Subject To Compromise Early Contract Termination Fees
LiabilitiesSubjectToCompromiseEarlyContractTerminationFees
|
2812000 | |
CY2022Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1753000 | |
CY2022Q1 | us-gaap |
Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
|
1801000 | |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
9307000 | |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
9359000 | |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
9716000 | |
CY2023 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
9149000 | |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
9270000 | |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
37416000 | |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
41734000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
7360000 | |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
9316000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
34425000 | |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
37666000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
41785000 | |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
46982000 | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P10Y1M6D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y8M12D | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0487 | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0342 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
9037000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
8955000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
7211000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
7122000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
6811000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
13902000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
53038000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
53038000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
41785000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
11253000 | |
CY2023Q4 | us-gaap |
Other Restricted Assets
OtherRestrictedAssets
|
4553903000 | |
CY2023Q4 | us-gaap |
Assets Net
AssetsNet
|
5896183000 | |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
67415000 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
600000000 | |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
237728000 | |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
7032000 | |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
5736958000 | |
CY2023Q4 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.0414 | |
CY2022Q4 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.0394 | |
CY2023Q4 | us-gaap |
Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
|
0.0386 | |
CY2022Q4 | us-gaap |
Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
|
0.0378 | |
CY2023 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.0630 | |
CY2022 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.0311 | |
CY2023 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
3401000 | |
CY2022 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
3675000 | |
CY2021 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
2384000 | |
CY2023 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
283362000 | |
CY2022 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
238116000 | |
CY2021 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
207709000 | |
CY2023 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
5241000 | |
CY2022 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
6047000 | |
CY2021 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
4510000 | |
CY2023 | us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
582000 | |
CY2022 | us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
-895000 | |
CY2021 | us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
607000 | |
CY2023 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
582000 | |
CY2022 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-895000 | |
CY2021 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
607000 | |
CY2023Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
128755000 | |
CY2022Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
114732000 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.50 | |
CY2023Q4 | us-gaap |
Shares Outstanding
SharesOutstanding
|
273296037 | |
CY2022Q4 | us-gaap |
Shares Outstanding
SharesOutstanding
|
263737084 | |
CY2021Q4 | us-gaap |
Shares Outstanding
SharesOutstanding
|
252867623 | |
CY2023Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
3299191 | |
CY2022Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
3236237 | |
CY2021Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
3234765 | |
CY2022Q4 | wtrg |
Issuance Of Common Stock From Forward Equity Sale Agreement
IssuanceOfCommonStockFromForwardEquitySaleAgreement
|
500000000 | |
CY2020Q3 | wtrg |
Available For Sale Securities Equity Shares
AvailableForSaleSecuritiesEquityShares
|
6700000 | |
CY2020Q3 | us-gaap |
Equity Fair Value Disclosure
EquityFairValueDisclosure
|
0 | |
CY2021Q3 | wtrg |
Stock Purchase Contracts Settled Issuance Of Common Shares
StockPurchaseContractsSettledIssuanceOfCommonShares
|
6700000 | |
CY2021Q3 | wtrg |
Proceeds From Shares Issued Gross
ProceedsFromSharesIssuedGross
|
299739000 | |
CY2021Q3 | us-gaap |
Share Price
SharePrice
|
44.74 | |
CY2021Q3 | wtrg |
Stock Purchase Contracts Initial Forward Price
StockPurchaseContractsInitialForwardPrice
|
46.00 | |
CY2023 | wtrg |
Proceeds From Shares Issued Gross
ProceedsFromSharesIssuedGross
|
570919000 | |
CY2023 | wtrg |
Proceeds From Shares Issued Issuance Costs
ProceedsFromSharesIssuedIssuanceCosts
|
13530000 | |
CY2023 | wtrg |
Stock Purchase Contracts Initial Principal Amount
StockPurchaseContractsInitialPrincipalAmount
|
8.62909 | |
CY2023 | wtrg |
Stock Purchase Contracts Aggregate Initial Principal Amount
StockPurchaseContractsAggregateInitialPrincipalAmount
|
119081000 | |
CY2023 | wtrg |
Stock Purchase Contracts Interest Rate
StockPurchaseContractsInterestRate
|
0.0300 | |
CY2023 | wtrg |
Stock Purchase Contracts Quarterly Cash Installments
StockPurchaseContractsQuarterlyCashInstallments
|
0.75000 | |
CY2023 | wtrg |
Stock Purchase Contracts Cash Installments
StockPurchaseContractsCashInstallments
|
0.80833 | |
CY2023 | wtrg |
Stock Purchase Contracts Interest And Partial Repayment
StockPurchaseContractsInterestAndPartialRepayment
|
0.0600 | |
CY2022 | wtrg |
Stock Purchase Contracts
StockPurchaseContracts
|
981919 | |
CY2022 | wtrg |
Stock Purchase Contracts Settled
StockPurchaseContractsSettled
|
1166107 | |
CY2022Q2 | wtrg |
Stock Purchase Contracts
StockPurchaseContracts
|
6621315 | |
CY2022Q2 | wtrg |
Stock Purchase Contracts Settled Ratio
StockPurchaseContractsSettledRatio
|
1.18758 | |
CY2022Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
7863354 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1770819 | |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1.00 | |
CY2015Q1 | wtrg |
Aggregate Common And Preferred Shares Authorized Value
AggregateCommonAndPreferredSharesAuthorizedValue
|
500000000 | |
CY2023 | wtrg |
Business Combination Shares Available For Issuance
BusinessCombinationSharesAvailableForIssuance
|
487155000 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Purchase Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate
|
0.05 | |
CY2023 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
430487 | |
CY2022 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
368278 | |
CY2021 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
374824 | |
CY2023 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
16005000 | |
CY2022 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
16619000 | |
CY2021 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
16799000 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
267171000 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
262246000 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
257487000 | |
CY2021 | us-gaap |
Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
|
189000 | |
CY2023 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
488000 | |
CY2022 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
622000 | |
CY2021 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
504000 | |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
267659000 | |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
262868000 | |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
258180000 | |
CY2023 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
148725 | |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
77506 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
|
2932010 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
|
9041687 | |
CY2023 | wtrg |
Equity Per Common Share
EquityPerCommonShare
|
21.57 | |
CY2022 | wtrg |
Equity Per Common Share
EquityPerCommonShare
|
20.39 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
0 | |
CY2023 | us-gaap |
Defined Benefit Plan Special Termination Benefits
DefinedBenefitPlanSpecialTerminationBenefits
|
30347000 | |
CY2022 | us-gaap |
Defined Benefit Plan Special Termination Benefits
DefinedBenefitPlanSpecialTerminationBenefits
|
17757000 | |
CY2023Q4 | wtrg |
Settlement Loss Recorded As Regulatory Asset
SettlementLossRecordedAsRegulatoryAsset
|
5173000 | |
CY2023 | us-gaap |
Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
|
352306000 | |
CY2023 | us-gaap |
Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
|
0.068 | |
CY2023Q4 | us-gaap |
Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
|
9393000 | |
CY2023 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
23519000 | |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
21758000 | |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
19569000 | |
CY2023 | wtrg |
Number Of States
NumberOfStates
|
8 | |
CY2023 | wtrg |
Infrastructure Rehabilitation Surcharge Percentage Reset Level Upon New Base Rates
InfrastructureRehabilitationSurchargePercentageResetLevelUponNewBaseRates
|
0 | |
CY2023 | wtrg |
Infrastructure Rehabilitation Surcharges
InfrastructureRehabilitationSurcharges
|
20261000 | |
CY2022 | wtrg |
Infrastructure Rehabilitation Surcharges
InfrastructureRehabilitationSurcharges
|
26902000 | |
CY2021 | wtrg |
Infrastructure Rehabilitation Surcharges
InfrastructureRehabilitationSurcharges
|
33771000 | |
CY2023 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
11 | |
CY2023 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | |
CY2023 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | |
CY2023 | us-gaap |
Revenues
Revenues
|
2053824000 | |
CY2023 | us-gaap |
Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
|
575518000 | |
CY2023 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
343695000 | |
CY2023 | wtrg |
Interest Expense Net Of Afudc
InterestExpenseNetOfAfudc
|
279961000 | |
CY2023 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
|
16967000 | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-66445000 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
498226000 | |
CY2023 | us-gaap |
Payments To Acquire Buildings
PaymentsToAcquireBuildings
|
1199103000 | |
CY2023Q4 | us-gaap |
Assets
Assets
|
16841459000 | |
CY2022 | us-gaap |
Revenues
Revenues
|
2288032000 | |
CY2022 | us-gaap |
Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
|
613649000 | |
CY2022 | us-gaap |
Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
|
601995000 | |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
321177000 | |
CY2022 | wtrg |
Interest Expense Net Of Afudc
InterestExpenseNetOfAfudc
|
234441000 | |
CY2022 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
|
23665000 | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-14329000 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
465237000 | |
CY2022 | us-gaap |
Payments To Acquire Buildings
PaymentsToAcquireBuildings
|
1062763000 | |
CY2022Q4 | us-gaap |
Assets
Assets
|
15719107000 | |
CY2021 | us-gaap |
Revenues
Revenues
|
1878144000 | |
CY2021 | us-gaap |
Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
|
550580000 | |
CY2021 | us-gaap |
Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
|
340262000 | |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
297952000 | |
CY2021 | wtrg |
Interest Expense Net Of Afudc
InterestExpenseNetOfAfudc
|
205325000 | |
CY2021 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
|
20792000 | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-9612000 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
431612000 | |
CY2021 | us-gaap |
Payments To Acquire Buildings
PaymentsToAcquireBuildings
|
1020519000 | |
CY2021Q4 | us-gaap |
Assets
Assets
|
14658278000 | |
CY2023 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |