Unitil Corp (UTL) financials
Unitil revenue and earnings by year
Unitil's revenue was $536 million in the fiscal year to December 31, 2025, up 8.3% from the year before. Net income was $50.2 million, 9.4% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 3.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 536 | 495 | 557 | 563 | 473 | 419 | 438 | 444 | 406 | 383 |
| Revenue growth | 8.3% | -11.2% | -1.1% | 19.0% | 13.1% | -4.5% | -1.3% | 9.3% | 5.9% | — |
| Gross profit | 221 | 197 | 183 | 169 | 162 | 150 | 148 | 144 | 143 | 136 |
| Gross margin | 41.3% | 39.7% | 32.8% | 30.0% | 34.2% | 35.8% | 33.7% | 32.4% | 35.3% | 35.6% |
| Operating income | 101 | 91 | 87 | 81 | 78 | 71 | 73 | 71 | 75 | 70 |
| Operating margin | 18.9% | 18.3% | 15.6% | 14.3% | 16.4% | 17.1% | 16.7% | 16.0% | 18.6% | 18.3% |
| Net income | 50 | 47 | 45 | 41 | 36 | 32 | 44 | 33 | 29 | 27 |
| Net margin | 9.4% | 9.5% | 8.1% | 7.4% | 7.6% | 7.7% | 10.1% | 7.4% | 7.1% | 7.1% |
| Diluted EPS | $2.97 | $2.93 | $2.82 | $2.59 | $2.37 | $2.15 | $2.97 | $2.23 | $2.06 | $1.94 |
| Free cash flow | -54 | -44 | -34 | -24 | -7 | -47 | -14 | -24 | -33 | -30 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open UTL in Markets.
How Unitil makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Electric | $61.7M | 52.7% |
| Gas | $55.3M | 47.3% |
See also: UTL valuation and P/E history · UTL returns
No forecast, no recommendation. This page describes Unitil Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.