UNITIL Corporation (UTL) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
6 LIBERTY LANE WEST HAMPTON, NH 03842 |
| State of Incorp. | NH |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4931 - Electric and Other Services Combined (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6,000 | 6,800 | 6,800 | 9,000 | 7,900 | 5,100 | |||
| Cash and cash equivalents | 6,000 | 6,800 | 6,800 | 9,000 | 7,900 | 5,100 | |||
| Receivables | 71,700 | 68,900 | 96,900 | 91,800 | 76,800 | 67,700 | |||
| Regulatory asset | 53,500 | 56,800 | 66,400 | 66,500 | 44,000 | 41,400 | |||
| Other undisclosed current assets | 25,200 | 28,800 | 27,800 | 27,500 | 21,900 | 24,900 | |||
| Total current assets: | 156,400 | 161,300 | 197,900 | 194,800 | 150,600 | 139,100 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 5,500 | 5,200 | 5,700 | 4,300 | 4,600 | 4,400 | |||
| Regulated entity, other noncurrent assets | 54,200 | 54,700 | 54,800 | 51,100 | 108,900 | 110,100 | |||
| Other noncurrent assets | 17,300 | 19,500 | 18,200 | 11,800 | 14,400 | 17,900 | |||
| Other undisclosed noncurrent assets | 1,386,800 | 1,354,600 | 1,338,100 | 1,328,400 | 1,300,400 | 1,275,600 | |||
| Total noncurrent assets: | 1,463,800 | 1,434,000 | 1,416,800 | 1,395,600 | 1,428,300 | 1,408,000 | |||
| TOTAL ASSETS: | 1,620,200 | 1,595,300 | 1,614,700 | 1,590,400 | 1,578,900 | 1,547,100 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 42,100 | 44,200 | 52,400 | 68,600 | 48,200 | 43,900 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | ✕ | 6,500 | 4,800 | ||
| Accounts payable | 35,600 | 36,700 | 46,300 | 68,600 | 35,200 | 34,300 | |||
| Accrued liabilities | 6,500 | 7,500 | 6,100 | 6,500 | 4,800 | ||||
| Debt | 136,500 | 138,600 | 146,900 | 122,700 | 80,200 | 54,400 | |||
| Derivative instruments and hedges, liabilities | 18,700 | 13,900 | 10,600 | 24,100 | 29,800 | 16,600 | |||
| Regulatory liability | 16,900 | 18,400 | 17,000 | 15,000 | 20,800 | 25,900 | |||
| Accrued environmental loss contingencies | 600 | 600 | 600 | 600 | 600 | 600 | |||
| Other liabilities | 28,600 | 22,300 | 26,000 | 29,100 | 20,500 | 18,400 | |||
| Other undisclosed current liabilities | (6,500) | (4,800) | |||||||
| Total current liabilities: | 243,400 | 238,000 | 253,500 | 260,100 | 193,600 | 155,000 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 214,300 | 215,400 | 215,700 | 210,200 | 297,300 | 296,300 | |||
| Asset retirement obligations | 125,800 | 123,200 | 120,000 | 116,100 | 115,400 | 112,400 | |||
| Liability, pension and other postretirement and postemployment benefits | 41,300 | 44,300 | 46,800 | 46,800 | 135,200 | 135,900 | |||
| Accrued environmental loss contingencies | 4,000 | 4,100 | 4,100 | 3,800 | 2,200 | 2,200 | |||
| Regulatory liability | 34,800 | 35,500 | 36,200 | 36,900 | 37,900 | 38,900 | |||
| Other liabilities | 8,400 | 8,300 | 8,600 | 6,600 | 6,600 | 6,900 | |||
| Operating lease, liability | |||||||||
| Other undisclosed noncurrent liabilities | 173,700 | 171,300 | 171,100 | 163,400 | 136,100 | 136,400 | |||
| Total noncurrent liabilities: | 388,000 | 386,700 | 386,800 | 373,600 | 433,400 | 432,700 | |||
| Total liabilities: | 631,400 | 624,700 | 640,300 | 633,700 | 627,000 | 587,700 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 479,800 | 484,400 | 486,400 | 467,600 | 458,800 | 464,300 | |||
| Preferred stock | 200 | 200 | 200 | 200 | 200 | 200 | |||
| Retained earnings | 142,600 | 147,700 | 150,100 | 132,500 | 124,200 | 130,000 | |||
| Other undisclosed equity, attributable to parent | 337,000 | 336,500 | 336,100 | 334,900 | 334,400 | 334,100 | |||
| Total equity: | 479,800 | 484,400 | 486,400 | 467,600 | 458,800 | 464,300 | |||
| Other undisclosed liabilities and equity | 509,000 | 486,200 | 488,000 | 489,100 | 493,100 | 495,100 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,620,200 | 1,595,300 | 1,614,700 | 1,590,400 | 1,578,900 | 1,547,100 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 103,900 | 103,400 | 220,200 | 161,500 | 110,200 | 98,900 | ||
| Gross profit: | 103,900 | 103,400 | 220,200 | 161,500 | 110,200 | 98,900 | ||
| Other undisclosed operating loss | (95,900) | (91,600) | (180,700) | (135,900) | (103,000) | (87,000) | ||
| Operating income: | 8,000 | 11,800 | 39,500 | 25,600 | 7,200 | 11,900 | ||
| Nonoperating income (expense) | 100 | (500) | (600) | (600) | ||||
| Other nonoperating income (expense) | 100 | (500) | (600) | (600) | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (28,300) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 8,000 | 11,900 | 39,500 | (3,200) | 6,600 | 11,300 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (7,000) | (7,000) | (7,100) | 21,900 | (6,300) | |||
| Income from continuing operations before income taxes: | 1,000 | 4,900 | 32,400 | 18,700 | 6,600 | 5,000 | ||
| Income tax expense (benefit) | 400 | (700) | (8,300) | (4,200) | 500 | (100) | ||
| Income from continuing operations: | 1,400 | 4,200 | 24,100 | 14,500 | 7,100 | 4,900 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | 7,100 | 4,900 | |
| Other undisclosed net income | 53,800 | |||||||
| Net income: | 1,400 | 4,200 | 24,100 | 68,300 | 7,100 | 4,900 | ||
| Other undisclosed net loss attributable to parent | (53,800) | (6,600) | ||||||
| Net income available to common stockholders, diluted: | 1,400 | 4,200 | 24,100 | 14,500 | 500 | 4,900 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 1,400 | 4,200 | 24,100 | 68,300 | 7,100 | 4,900 | ||
| Comprehensive income, net of tax, attributable to parent: | 1,400 | 4,200 | 24,100 | 68,300 | 7,100 | 4,900 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.