Unitil (UTL) Financial Statements & Analysis

Unitil (UTL) Income Statement

Unitil reported revenue of $536.00M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 8.3% from $494.80M a year earlier. Net income was $50.20M, up 6.6% year over year, a net margin of 9.4%. Gross margin was 41.3% and operating margin 18.9%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $117.00M, up 14.0% from the same quarter a year earlier.

Unitil Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Unitil Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	536.00	494.80	557.10	563.20	473.30	418.60	438.20	444.10	406.20
Cost of Revenue	314.80	298.20	374.10	394.20	311.50	268.80	290.40	300.10	268.50
Gross Profit	221.20	196.60	183.00	169.00	161.80	149.80	147.80	144.00	137.70
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.41	5.70
Operating Expenses	120.00	106.00	95.90	88.50	84.00	78.40	74.70	72.80	68.00
Operating Income	101.20	90.60	87.10	80.50	77.80	71.40	73.10	71.20	69.70
Other Income/Expense
Interest Income	7.10	8.40	6.20	2.80	1.60	2.60	2.90	2.40	2.40
Interest Expense	43.80	37.70	34.90	28.30	27.20	26.40	26.60	26.40	25.50
Other Income/Expense	-35.70	-29.50	-28.70	-2.40	-30.20	-29.00	-15.10	-29.80	-28.90
Income
Income Before Tax	65.50	61.10	58.40	52.60	47.60	42.40	58.00	41.40	46.50
Income Tax Expense	15.30	14.00	13.20	11.20	11.50	10.20	13.80	8.40	17.50
Net Income	50.20	47.10	45.20	41.40	36.10	32.20	44.20	33.00	29.00
Net Income - Continuous Operations	50.20	47.10	45.20	41.40	36.10	32.20	44.20	33.00	29.00
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	191.60	174.90	160.70	143.50	134.30	123.30	136.60	118.20	118.90
EBIT	102.90	98.80	93.30	80.90	76.84	-	-	-	-
Depreciation & Amortization	88.70	76.10	67.40	62.60	59.50	54.50	52.00	50.40	46.90
Earnings Per Share
Basic EPS	3.00	3.00	3.00	3.00	2.00	2.00	3.00	2.00	2.00
Diluted EPS	3.00	3.00	3.00	3.00	2.00	2.00	3.00	2.00	2.00
Basic Shares Outstanding	16.79	16.10	16.05	15.99	15.37	14.95	14.89	14.82	14.10
Diluted Shares Outstanding	16.79	16.11	16.05	16.00	15.38	14.95	14.90	14.83	14.10

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Unitil Financial Statements

What was Unitil's revenue in fiscal 2025?

Unitil reported revenue of $536.00M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 8.3% from $494.80M a year earlier.

Is Unitil profitable?

Yes. Unitil earned net income of $50.20M in fiscal 2025, a net margin of 9.4%. In fiscal 2024 it earned $47.10M.

What is Unitil's operating margin?

Unitil's operating income was $101.20M on revenue of $536.00M in fiscal 2025, an operating margin of 18.9%, compared with 18.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition