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UTLUnitil Corporation
$52.84$951M
Overview & Verdict
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UTL logoUnitil Corporation(UTL)Earnings, Financials & Key Ratios

UTL•NYSE•Utilities
$52.84
17.8× P/E·Price updated Jul 7, 2026
SectorUtilitiesIndustryDiversified UtilitiesSub-IndustryRegulated electric and gas utilities
AboutUnitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Non-Regulated. The company distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire and portions of southern and central Maine, including the city of Portland and the Lewiston-Auburn area, as well as the greater Fitchburg area of north central Massachusetts. It also operates 86 miles of interstate underground natural gas transmission pipeline that provides interstate natural gas pipeline access and transportation services primarily in Maine and New Hampshire. In addition, the company provides energy brokering and advisory services to commercial and industrial customers; and real estate management services. It serves approximately 107,700 electric customers and 86,600 natural gas customers. Unitil Corporation was incorporated in 1984 and is headquartered in Hampton, New Hampshire.Show more
  • Revenue$536M+8.3%
  • EBITDA$190M+13.9%
  • Net Income$50M+6.6%
  • Free Cash Flow-$214M-386.8%
  • EBITDA Margin35.43%+5.2%
  • Net Margin9.37%-1.6%
  • ROE8.95%-4.8%
  • Interest Coverage2.50-4.8%
  • Debt/Equity1.54+4.4%

UTL Price & Volume

Unitil Corporation (UTL) stock price & volume — 10-year historical chart

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Regulated Infrastructure Expansion Drives Unitil Revenue Growth

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Accelerating
Profitability:Stable
Financial:Strained
Cash Flow:Mixed
Primary Risk:Regulatory lag and CAPEX

Key Thesis Takeaways

  • Unitil Corporation leverages a consistent rate base expansion strategy across New England to drive revenue growth, which reached 27.0% in 2026Q1.
  • While the company maintains a stable operating margin of 25.8%, investors should monitor the risks associated with aggressive electrification mandates and the potential for stranded asset exposure in Massachusetts.
  • The firm's reliance on external capital to fund its $146.7 million peak quarterly capital expenditure suggests that long-term dividend sustainability remains sensitive to regulatory lag and infrastructure investment cycles.

Verdict Logic

while the company demonstrates a 3.2% dividend yield, the current ratio of 0.57 and the high capital expenditure requirements warrant caution regarding near-term liquidity and balance sheet flexibility.

UTL Growth Metrics

Unitil Corporation (UTL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years2.3%
5 Years5.07%
3 Years-1.64%
TTM19.55%

Profit CAGR

10 Years6.68%
5 Years9.29%
3 Years6.64%
TTM17.93%

EPS CAGR

10 Years4.62%
5 Years6.68%
3 Years4.67%
TTM7.27%

Return on Capital

10 Years6.23%
5 Years6.06%
3 Years6.23%
Last Year6.16%

UTL Recent Earnings

Unitil Corporation (UTL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 4, 2026
Metric
Actual
Est
EPS
$1.88+1.1%
$1.86
Rev
$199M+10.9%
$179M
Q1 2026
Feb 9, 2026
Metric
Actual
Est
EPS
$1.13+9.7%
$1.03
Rev
$162M+13.0%
$143M
Q4 2025
Nov 3, 2025
Metric
Actual
Est
EPS
$0.03+200.0%
$0.03
Rev
$101M-30.0%
$144M
Q3 2025
Aug 4, 2025
Metric
Actual
Est
EPS
$0.29+3.6%
$0.28
Rev
$103M+3.6%
$99M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 4, 2026
$1.88vs $1.86+1.1%
$199Mvs $179M+10.9%
Q1 2026Feb 9, 2026
$1.13vs $1.03+9.7%
$162Mvs $143M+13.0%
Q4 2025Nov 3, 2025
$0.03vs $0.03+200.0%
$101Mvs $144M-30.0%
Q3 2025Aug 4, 2025
$0.29vs $0.28+3.6%
$103Mvs $99M+3.6%
Based on last 12 quarters of dataView full earnings history →

Latest UTL News

Recent stock market news and headlines for Unitil Corporation (UTL)

GlobeNewsWire·Jun 30, 2026
Unitil Completes Purchase of Two Water Companies in New Hampshire from the Aquarion Water Authority

HAMPTON, N.H., June 30, 2026 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) (“Unitil” or the “Company”) ( unitil.com ) today announced that it completed the purchase of Aquarion Water Company of New Hampshire, Inc. and Abenaki Water Co., Inc. (the “Aquarion Companies”) from the Aquarion Water Authority (“AWA”). The Stock Purchase Agreement (the “Agreement”) between Unitil and the AWA was first announced on May 6, 2025 and subsequently amended, including to limit Unitil's purchase to the two Aquarion Companies. All conditions of the Agreement, as amended, including the receipt of approvals from the New Hampshire and Maine Public Utilities Commissions, were materially completed as of the closing date.

Zacks Investment Research·Jun 19, 2026
Why Unitil (UTL) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Unitil (UTL) have what it takes?

Peers Comparison

Key metrics vs top competitors for Unitil Corporation (UTL)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
UTL logoUTLUnitil CorporationCurrent
$52.84$950.63M17.798.33%9.37%8.95%3.24%
AVA logoAVAAvista Corporation
$41.24$3.41B17.331.34%10.75%7.65%—
ARTNA logoARTNAArtesian Resources Corporation
$34.13$352.37M15.444.62%20.31%9.36%—
MSEX logoMSEXMiddlesex Water Company
$55.82$1.04B23.651.47%22.07%9.07%—
YORW logoYORWThe York Water Company
$30.51$439.71M21.953.37%—8.89%—
NWPX logoNWPXNWPX Infrastructure, Inc.
$135.41$1.3B38.046.83%7.66%10.73%—

Compare UTL vs Peers

Unitil Corporation (UTL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AVA

Most directly comparable listed peer for UTL.

Scale Benchmark

vs GE

Larger-name benchmark to compare UTL against a more recognizable public peer.

Peer Set

Compare Top 5

vs AVA, ARTNA, MSEX, YORW

UTL SEC Filings & Documents

Unitil Corporation (UTL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 5, 2026·SEC

Material company update

May 1, 2026·SEC

Material company update

Apr 29, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 9, 2026·SEC

FY 2025

Feb 10, 2025·SEC

FY 2024

Feb 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 4, 2026·SEC

FY 2025

Nov 3, 2025·SEC

FY 2025

Aug 4, 2025·SEC

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UTL Frequently Asked Questions

Unitil Corporation (UTL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Unitil Corporation's revenue?

Unitil Corporation (UTL) reported $582.1M in revenue for fiscal year 2025. This represents a 241% increase from $170.8M in 1996.

How fast is Unitil Corporation growing?

Unitil Corporation (UTL) grew revenue by 8.3% over the past year. This is steady growth.

Is UTL profitable?

Yes, Unitil Corporation (UTL) is profitable, generating $55.9M in net income for fiscal year 2025 (9.4% net margin).

Dividend & Returns
Does UTL pay dividends?

Yes, Unitil Corporation (UTL) pays a dividend with a yield of 3.24%. This makes it attractive for income-focused investors.

What is UTL's return on equity?

Unitil Corporation (UTL) has a return on equity (ROE) of 8.9%. This is below average, suggesting room for improvement.

What is Unitil Corporation's free cash flow?

Unitil Corporation (UTL) had negative free cash flow of $144.6M in fiscal year 2025, likely due to heavy capital investments.

Industry Metrics
Is UTL's dividend sustainable?

Unitil Corporation (UTL) has a dividend payout ratio of 60%. This suggests the dividend is well-covered and sustainable.

What if you invested $1,000 in UTL back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →