Unitil Corp
NYSE:UTL
Income Statement
Earnings Waterfall
Unitil Corp
Revenue
|
557.1m
USD
|
Cost of Revenue
|
-298.5m
USD
|
Gross Profit
|
258.6m
USD
|
Operating Expenses
|
-171.5m
USD
|
Operating Income
|
87.1m
USD
|
Other Expenses
|
-41.9m
USD
|
Net Income
|
45.2m
USD
|
Income Statement
Unitil Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
367
N/A
|
405
+10%
|
412
+2%
|
416
+1%
|
426
+2%
|
442
+4%
|
446
+1%
|
444
0%
|
427
-4%
|
380
-11%
|
377
-1%
|
382
+1%
|
383
+0%
|
384
+0%
|
390
+2%
|
395
+1%
|
406
+3%
|
426
+5%
|
430
+1%
|
434
+1%
|
444
+2%
|
450
+1%
|
450
0%
|
447
-1%
|
438
-2%
|
417
-5%
|
416
0%
|
418
+1%
|
419
+0%
|
427
+2%
|
440
+3%
|
450
+2%
|
473
+5%
|
527
+11%
|
529
+0%
|
542
+2%
|
563
+4%
|
591
+5%
|
595
+1%
|
589
-1%
|
557
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(202)
|
(233)
|
(240)
|
(240)
|
(242)
|
(254)
|
(254)
|
(252)
|
(233)
|
(191)
|
(186)
|
(187)
|
(186)
|
(182)
|
(185)
|
(190)
|
(198)
|
(216)
|
(219)
|
(222)
|
(231)
|
(233)
|
(233)
|
(231)
|
(223)
|
(204)
|
(203)
|
(207)
|
(203)
|
(206)
|
(214)
|
(223)
|
(243)
|
(292)
|
(291)
|
(299)
|
(321)
|
(343)
|
(346)
|
(337)
|
(299)
|
|
Gross Profit |
165
N/A
|
172
+4%
|
171
0%
|
176
+3%
|
184
+4%
|
188
+2%
|
192
+2%
|
192
+0%
|
194
+1%
|
190
-2%
|
191
+1%
|
194
+2%
|
198
+2%
|
202
+2%
|
205
+2%
|
205
0%
|
208
+1%
|
210
+1%
|
211
+1%
|
212
+1%
|
214
+1%
|
218
+2%
|
217
0%
|
216
0%
|
215
-1%
|
213
-1%
|
213
0%
|
211
-1%
|
216
+2%
|
222
+3%
|
226
+2%
|
228
+1%
|
231
+1%
|
236
+2%
|
238
+1%
|
242
+2%
|
243
+0%
|
248
+2%
|
249
+1%
|
252
+1%
|
259
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(115)
|
(118)
|
(123)
|
(126)
|
(124)
|
(125)
|
(127)
|
(128)
|
(131)
|
(132)
|
(133)
|
(132)
|
(128)
|
(129)
|
(132)
|
(133)
|
(133)
|
(132)
|
(133)
|
(134)
|
(142)
|
(146)
|
(143)
|
(143)
|
(142)
|
(141)
|
(142)
|
(143)
|
(144)
|
(144)
|
(149)
|
(151)
|
(153)
|
(155)
|
(157)
|
(161)
|
(162)
|
(164)
|
(165)
|
(167)
|
(172)
|
|
Depreciation & Amortization |
(38)
|
(39)
|
(40)
|
(41)
|
(42)
|
(43)
|
(44)
|
(45)
|
(46)
|
(46)
|
(47)
|
(47)
|
(47)
|
(47)
|
(48)
|
(47)
|
(47)
|
(47)
|
(48)
|
(49)
|
(50)
|
(52)
|
(52)
|
(52)
|
(52)
|
(52)
|
(53)
|
(54)
|
(55)
|
(56)
|
(57)
|
(58)
|
(60)
|
(60)
|
(60)
|
(62)
|
(63)
|
(64)
|
(66)
|
(66)
|
(67)
|
|
Operations Maintenance |
(65)
|
(67)
|
(63)
|
(64)
|
(65)
|
(64)
|
(65)
|
(65)
|
(67)
|
(68)
|
(67)
|
(66)
|
(61)
|
(62)
|
(64)
|
(66)
|
(65)
|
(64)
|
(64)
|
(63)
|
(70)
|
(71)
|
(69)
|
(68)
|
(67)
|
(67)
|
(65)
|
(66)
|
(66)
|
(65)
|
(68)
|
(68)
|
(69)
|
(70)
|
(71)
|
(73)
|
(74)
|
(73)
|
(73)
|
(74)
|
(76)
|
|
Other Operating Expenses |
(12)
|
(13)
|
(21)
|
(21)
|
(17)
|
(18)
|
(17)
|
(17)
|
(18)
|
(18)
|
(19)
|
(19)
|
(20)
|
(20)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(22)
|
(22)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(25)
|
(25)
|
(25)
|
(26)
|
(26)
|
(26)
|
(26)
|
(27)
|
(27)
|
(29)
|
|
Operating Income |
50
N/A
|
53
+7%
|
48
-9%
|
50
+4%
|
60
+20%
|
63
+5%
|
65
+3%
|
65
0%
|
63
-2%
|
58
-8%
|
59
+1%
|
63
+6%
|
70
+12%
|
73
+4%
|
74
+1%
|
72
-2%
|
75
+4%
|
77
+3%
|
78
+0%
|
78
+1%
|
71
-9%
|
72
+1%
|
74
+2%
|
73
0%
|
73
0%
|
72
-2%
|
71
-2%
|
68
-4%
|
71
+5%
|
77
+8%
|
77
0%
|
77
0%
|
78
+1%
|
80
+3%
|
81
+1%
|
81
N/A
|
81
-1%
|
84
+5%
|
84
0%
|
85
+1%
|
87
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(19)
|
(19)
|
(20)
|
(20)
|
(21)
|
(22)
|
(22)
|
(23)
|
(22)
|
(22)
|
(21)
|
(21)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(25)
|
(26)
|
(26)
|
(25)
|
(25)
|
(25)
|
(26)
|
(26)
|
(27)
|
(28)
|
(29)
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(8)
|
(9)
|
(10)
|
(6)
|
8
|
8
|
8
|
9
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(1)
|
(0)
|
0
|
|
Pre-Tax Income |
31
N/A
|
33
+10%
|
28
-16%
|
30
+6%
|
39
+31%
|
41
+6%
|
42
+3%
|
42
-1%
|
42
N/A
|
37
-11%
|
38
+2%
|
42
+10%
|
43
+2%
|
45
+5%
|
46
+3%
|
44
-4%
|
47
+5%
|
47
+1%
|
45
-4%
|
45
-1%
|
41
-7%
|
56
+35%
|
57
+3%
|
57
N/A
|
58
+1%
|
43
-26%
|
42
-3%
|
39
-6%
|
42
+8%
|
48
+13%
|
48
-1%
|
47
-2%
|
48
+2%
|
51
+7%
|
53
+3%
|
53
+1%
|
53
-1%
|
56
+7%
|
56
0%
|
57
+2%
|
58
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(9)
|
(10)
|
(3)
|
(4)
|
(14)
|
(15)
|
(16)
|
(15)
|
(15)
|
(14)
|
(14)
|
(16)
|
(15)
|
(16)
|
(17)
|
(16)
|
(18)
|
(15)
|
(12)
|
(11)
|
(8)
|
(12)
|
(13)
|
(14)
|
(14)
|
(10)
|
(10)
|
(9)
|
(10)
|
(12)
|
(12)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
|
Income from Continuing Operations |
22
|
23
|
25
|
26
|
25
|
26
|
26
|
26
|
26
|
24
|
24
|
26
|
27
|
29
|
29
|
28
|
29
|
32
|
33
|
33
|
33
|
44
|
44
|
44
|
44
|
33
|
32
|
30
|
32
|
36
|
36
|
35
|
36
|
39
|
41
|
41
|
41
|
44
|
43
|
44
|
45
|
|
Net Income (Common) |
22
N/A
|
23
+8%
|
25
+5%
|
26
+4%
|
25
-4%
|
26
+4%
|
26
+2%
|
26
+0%
|
26
0%
|
24
-10%
|
24
+3%
|
26
+7%
|
27
+3%
|
29
+6%
|
29
+2%
|
28
-4%
|
29
+4%
|
32
+11%
|
33
+2%
|
33
+2%
|
33
-1%
|
44
+33%
|
44
+1%
|
44
-1%
|
44
+1%
|
33
-26%
|
32
-3%
|
30
-6%
|
32
+7%
|
36
+11%
|
36
-1%
|
35
-1%
|
36
+3%
|
39
+7%
|
41
+6%
|
41
+1%
|
41
N/A
|
44
+6%
|
43
-2%
|
44
+2%
|
45
+2%
|
|
EPS (Diluted) |
1.57
N/A
|
1.69
+8%
|
1.78
+5%
|
1.86
+4%
|
1.79
-4%
|
1.86
+4%
|
1.9
+2%
|
1.9
N/A
|
1.89
-1%
|
1.69
-11%
|
1.75
+4%
|
1.88
+7%
|
1.94
+3%
|
2.05
+6%
|
2.09
+2%
|
2
-4%
|
2.06
+3%
|
2.17
+5%
|
2.2
+1%
|
2.24
+2%
|
2.23
0%
|
2.95
+32%
|
2.98
+1%
|
2.94
-1%
|
2.97
+1%
|
2.21
-26%
|
2.15
-3%
|
2.02
-6%
|
2.15
+6%
|
2.38
+11%
|
2.35
-1%
|
2.27
-3%
|
2.34
+3%
|
2.43
+4%
|
2.56
+5%
|
2.59
+1%
|
2.59
N/A
|
2.76
+7%
|
2.71
-2%
|
2.74
+1%
|
2.81
+3%
|