UNITIL Corporation (UTL) financial statements (2021 and earlier)

Company profile

Business Address 6 LIBERTY LANE WEST
HAMPTON, NH 03842
State of Incorp. NH
Fiscal Year End December 31
SIC 4931 - Electric and Other Services Combined (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments65813898
Cash and cash equivalents6589698
Short-term investments   421 
Receivables67617573616176
Regulatory current assets37364140382738
Other undisclosed current assets29292826252923
Total current assets:139131152151132126145
Noncurrent Assets
Operating lease, right-of-use asset54
Regulated entity, other noncurrent assets13111699110104100108
Other noncurrent assets1312101091214
Other undisclosed noncurrent assets1,1891,108     
Total noncurrent assets:1,3391,240109119113112121
Other undisclosed assets  1,037972883809734
TOTAL ASSETS:1,4781,3711,2981,2421,1281,0461,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities33384342323648
Accounts payable33384342323344
Taxes payable     2 
Interest and dividends payable      4
Debt6378104711026333
Derivative instruments and hedges, liabilities10111310121522
Regulatory liability6712910169
Accrued environmental loss contingencies0111014
Deferred tax liabilities    3
Other liabilities24262019201511
Other undisclosed current liabilities      (0)
Total current liabilities:136160193151177145129
Noncurrent Liabilities
Long-term debt and lease obligation  36811336
Long-term debt, excluding current maturities      329
Capital lease obligations368118
Liabilities, other than long-term debt430293364372333300261
Asset retirement obligations105969184777064
Deferred tax liabilities, net9883989273
Deferred income tax liabilities109 
Liability, pension and other postretirement and postemployment benefits162142122150149124119
Accrued environmental loss contingencies2212222
Regulatory liability4447474938 
Other liabilities7764542
Derivative instruments and hedges, liabilities      2
Other undisclosed noncurrent liabilities 104   (0)(329)
Total noncurrent liabilities:430397367378341311269
Total liabilities:566557560529518456398
Stockholders' equity
Stockholders' equity attributable to parent, including:389377351337293283273
Preferred stock0000000
Common stock      235
Retained earnings104947261524538
Other undisclosed stockholders' equity attributable to parent285283279276241238 
Total stockholders' equity:389377351337293283273
Other undisclosed liabilities and equity523438387376317308329
TOTAL LIABILITIES AND EQUITY:1,4781,3711,2981,2421,1281,0461,000

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Gross profit:419438444406383427426
Operating expenses(6)8(8)   (12)
Other undisclosed operating loss(341)(373)(365)(337)(318)(364)(354)
Operating income:71737170656360
Nonoperating income (expense)59(6)(0)(0)21
Investment income, nonoperating     21
Other nonoperating income (expense)59(6)(0)(0)1(0)
Interest and debt expense(26)(27)(26)(26)(24)(24)(22)
Income from continuing operations before equity method investments, income taxes:50553944414239
Other undisclosed income (loss) from continuing operations before income taxes(8)3221  
Income from continuing operations before income taxes:42584147434239
Income tax expense(10)(14)(8)(18)(15)(15)(14)
Income before gain (loss) on sale of properties:32443329272625
Other undisclosed net income (loss)0(88)     
Net income (loss):32(44)3329272625
Other undisclosed net income (loss) attributable to parent 88(0)0(0)0(0)
Net income available to common stockholders, diluted:32443329272625

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):32(44)3329272625
Comprehensive income (loss), net of tax, attributable to parent:32(44)3329272625

Statements sources

The financial statements are based on the company's filings with the 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.

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