UNITIL Corporation
Description
Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through two segments, Utility Electric Operations, Utility Gas Operations. 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 electricity and natural gas in 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 real estate management services. It serves approximately 108,100 electric customers and 87,500 natural gas customers. Unitil Corporation was incorporated in 1984 and is headquartered in Hampton, New Hampshire.
About
CEO
Mr. Thomas P. Meissner Jr.
Employees
541
Instrument type
Common Stock
Sector
Utilities
Industry
Utilities - Diversified
MIC code
XNYS
Address
6 Liberty Lane West, Hampton, NH 03842-1720, United States
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![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 3, 2025 | — | — | — | — |
| Aug 4, 2025 | — | — | — | — |
| May 5, 2025 | — | — | — | — |
| Feb 11, 2025 | 0.95 | — | — | — |
| Aug 6, 2024 | 0.29 | 0.27 | -0.02 | -6.90% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 2 | — | 2 |
| Average estimate | — | 1.75 | — | 3.08 |
| Low estimate | — | 1.71 | — | 3.08 |
| High estimate | — | 1.78 | — | 3.08 |
| Last year EPS | — | 1.69 | — | 2.91 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-2.060%
Next qtr. (Mar 2025)
3.250%
Current year
3.190%
Next year (Dec 2025)
5.840%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 557.10M | 563.20M | 473.30M | 418.60M | 438.20M |
| Cost of revenue | 374.10M | 394.20M | 311.50M | 268.80M | 290.40M |
| Gross profit | 183.00M | 169.00M | 161.80M | 149.80M | 147.80M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | — | — | — | — | — |
| Other operating expenses | — | — | — | — | — |
| Operating income | 87.10M | 80.50M | 77.80M | 71.40M | 73.10M |
| Non operating interest income | |||||
| Income | 6.20M | 2.80M | 1.60M | 2.60M | 2.90M |
| Expense | 34.90M | 28.30M | 27.20M | 26.40M | 26.60M |
| Other income expense | — | -2.40M | -4.60M | -5.20M | 8.60M |
| Pretax income | 58.40M | 52.60M | 47.60M | 42.40M | 58.00M |
| Tax provision | 13.20M | 11.20M | 11.50M | 10.20M | 13.80M |
| Net income | 45.20M | 41.40M | 36.10M | 32.20M | 44.20M |
| Basic EPS | 2.82 | 2.59 | 2.35 | 2.15 | 2.97 |
| Diluted EPS | 2.82 | 2.59 | 2.35 | 2.15 | 2.97 |
| Basic average shares | 16.05M | 15.99M | 15.37M | 14.95M | 14.89M |
| Diluted average shares | 16.05M | 15.99M | 15.37M | 14.95M | 14.89M |
| EBITDA | 160.70M | 143.50M | 134.30M | 123.30M | 136.60M |
| Net income from continuing op. | 45.20M | 41.40M | 36.10M | 32.20M | 44.20M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 1.67B | 1.59B | 1.54B | 1.48B | 1.37B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 6.50M | 9.00M | 6.50M | 6.00M | 5.20M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 75.00M | 73.80M | 66.90M | 62.00M | 55.10M |
| Other receivables | 9.40M | 18.00M | 7.40M | 4.90M | 6.10M |
| Inventory | 14.50M | 13.20M | 9.60M | 9.10M | 8.70M |
| Prepaid assets | — | 8.00M | 8.10M | 6.40M | 5.80M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 8.30M | 8.00M | 8.10M | 6.40M | 5.80M |
| Non current assets | |||||
| Properties | 5.60M | 4.30M | 4.70M | 5.20M | 4.00M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | — | — | — | — | — |
| Construction in progress | 65.30M | 52.60M | 47.50M | 34.80M | 37.40M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -486.90M | -459.60M | -431.70M | -401.80M | -356.00M |
| Goodwill | — | — | — | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 13.70M | 11.80M | 9.80M | 12.80M | 12.40M |
| Total liabilities | 1.18B | 1.12B | 1.09B | 1.09B | 994.00M |
| Current liabilities | |||||
| Accounts payable | 47.70M | 68.60M | 52.40M | 33.20M | 37.60M |
| Accrued expenses | — | — | — | — | — |
| Short term debt | 168.80M | 124.20M | 72.30M | 63.20M | 78.10M |
| Deferred revenue | — | — | — | — | — |
| Tax payable | 1.90M | 400,000 | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | 58.30M | 66.30M | 48.30M | 39.40M | 43.50M |
| Non current liabilities | |||||
| Long term debt | 512.80M | 491.90M | 497.80M | 523.10M | 437.50M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 176.10M | 163.40M | 127.70M | 109.00M | 103.60M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 130.90M | 119.90M | 114.10M | 112.10M | 102.50M |
| Shareholders equity | |||||
| Common stock | 337.60M | 334.90M | 332.10M | 285.30M | 282.50M |
| Retained earnings | 151.50M | 132.50M | 116.20M | 103.70M | 94.10M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 489.30M | 467.60M | 448.50M | 389.20M | 376.80M |
| Additional paid in capital | — | — | — | — | — |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | 45.20M | 41.40M | 36.10M | 32.20M | 44.20M | 33.00M | 29.00M | 27.10M | 26.30M | 24.70M | 21.60M | 18.20M | 16.40M | 9.60M | 10.00M | 9.70M | 8.70M | 8.03M | 8.55M | 8.23M | 7.96M | 6.09M | 1.09M | 7.22M | 8.40M | 8.20M | 8.20M | 8.70M | 8.40M | 8.00M |
| Depreciation | 67.40M | 62.60M | 59.50M | 54.50M | 52.00M | 50.40M | 46.90M | 46.60M | 45.70M | 42.10M | 38.50M | 36.00M | 29.30M | 28.90M | 27.40M | 19.10M | 17.80M | 16.07M | 19.12M | 18.83M | 18.76M | 14.91M | 12.61M | 11.77M | 11.20M | — | — | — | — | — |
| Deferred Taxes | 7.40M | 11.00M | 10.80M | 9.30M | 13.50M | 8.00M | 17.50M | 15.40M | 11.90M | 14.40M | 12.30M | 10.80M | 8.70M | 10.50M | 7.10M | 7.40M | -900,000 | 481,000 | -240,000 | 3.17M | 6.38M | 856,000 | -607,000 | 3.52M | 100,000 | 1.50M | 700,000 | 500,000 | -300,000 | 300,000 |
| Stock-Based Compensation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -8.40M | -11.30M | -4.80M | -5.00M | -5.30M | -16.80M | 2.50M | — | 12.70M | -4.20M | 18.10M | 600,000 | -1.30M | -1.40M | -23.00M | 11.80M | 3.50M | — | -5.06M | -8.85M | -4.94M | — | -1.01M | -3.36M | -5.20M | 7.10M | 6.90M | 8.70M | 7.60M | 7.70M |
| Accounts Receivable | 16.80M | -29.10M | -17.70M | -6.60M | 18.40M | -3.10M | -15.80M | -13.70M | 24.90M | -4.60M | 900,000 | 800,000 | -19.40M | -6.10M | 19.10M | -6.40M | -2.40M | 1.09M | -5.51M | -658,000 | 2.05M | -2.38M | 2.92M | -3.43M | -600,000 | 900,000 | -500,000 | -2.40M | -2.50M | -300,000 |
| Accounts Payable | -20.90M | 16.20M | 19.20M | -4.40M | -5.00M | 1.10M | 9.10M | -900,000 | -10.90M | 6.10M | 5.40M | 5.40M | — | 1.40M | -3.40M | 11.40M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -500,000 | 6.90M | 4.70M | -4.30M | 500,000 | 5.90M | -3.00M | -6.20M | 4.50M | 5.50M | -500,000 | -800,000 | 8.00M | -7.40M | -10.90M | 16.40M | — | -2.93M | 2.86M | 8.71M | -15.38M | -4.28M | 6.65M | -8.88M | -700,000 | -1.10M | -1.00M | -9.80M | 700,000 | 800,000 |
| Operating Cash Flow | 107.00M | 97.70M | 107.80M | 75.70M | 118.30M | 78.50M | 86.20M | 68.30M | 115.10M | 84.00M | 96.30M | 71.00M | 41.70M | 35.50M | 26.30M | 69.40M | 26.70M | 22.74M | 19.73M | 29.42M | 14.82M | 15.19M | 21.66M | 6.84M | 13.20M | 16.60M | 14.30M | 5.70M | 13.90M | 16.50M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -141.00M | -122.10M | -115.00M | -122.60M | -119.20M | -102.40M | -119.30M | -98.10M | -103.90M | -92.60M | -89.50M | -68.50M | -57.10M | -49.60M | -58.70M | -28.30M | -32.50M | -33.64M | -24.37M | -22.92M | -21.94M | -20.83M | -19.55M | -18.56M | -10.10M | -14.50M | -13.90M | -18.50M | -12.60M | -8.90M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | 13.40M | — | — | — | — | — | — | — | — | — | -6.90M | -209.90M | — | — | — | — | — | — | -30,000 | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -5.00M | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 1.54M | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -141.00M | -122.10M | -115.00M | -122.60M | -105.80M | -102.40M | -119.30M | -98.10M | -103.90M | -92.60M | -89.50M | -68.50M | -57.10M | -49.60M | -65.60M | -238.20M | -32.50M | -33.64M | -24.37M | -22.92M | -21.94M | -19.29M | -19.58M | -22.25M | -15.10M | -14.50M | -13.90M | -18.50M | -12.60M | -8.90M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | 25.00M | — | — | 99.70M | 70.00M | 30.00M | 89.30M | 30.00M | — | 50.00M | — | — | — | 39.50M | — | 90.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -6.90M | -10.40M | -25.80M | -28.80M | -24.10M | -33.10M | -17.20M | -21.80M | -7.40M | -4.40M | -500,000 | -500,000 | -500,000 | -2.20M | -31.80M | -400,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -7.80M | 9.60M | 2.30M | -1.70M | -2.40M | 2.00M | -2.40M | -2.50M | -4.00M | 4.40M | 1.20M | -3.80M | 3.40M | -600,000 | -500,000 | -400,000 | -400,000 | — | — | — | — | — | — | — | 100,000 | — | 100,000 | — | — | — |
| Financing Cash Flow | 31.20M | 27.00M | 7.80M | 43.80M | -1.70M | 22.80M | 38.70M | 26.90M | -17.00M | 1.10M | -6.50M | 5.00M | 9.80M | 22.70M | -20.50M | 197.80M | -6.80M | -7.15M | -6.82M | -7.84M | 10.52M | -7.12M | -6.75M | -7.15M | -4.80M | -4.80M | -4.80M | -4.90M | -4.80M | -4.50M |
| Other Cash Details | ||||||||||||||||||||||||||||||
| End Cash Position | 6.50M | 9.00M | 6.50M | 6.00M | 5.20M | 7.80M | 8.90M | 5.80M | 8.70M | 8.40M | 9.40M | 9.80M | 7.50M | 8.90M | 7.70M | 11.50M | 4.60M | 4.56M | 3.21M | 3.03M | 3.77M | 7.16M | 6.08M | 3.06M | 2.80M | 4.10M | 2.30M | 2.90M | 3.40M | 3.80M |
| Income Tax Paid | — | 1.20M | 1.40M | 900,000 | 800,000 | 400,000 | — | 1.60M | 1.80M | 1.20M | 800,000 | 700,000 | — | 2.30M | 3.80M | 500,000 | 5.30M | 3.10M | 4.54M | 990,000 | 2.54M | 2.35M | 3.17M | 350,000 | 4.00M | 2.50M | 3.30M | 4.00M | 3.40M | 4.10M |
| Interest Paid | 30.90M | 26.00M | 26.00M | 23.70M | 24.10M | 24.60M | 23.00M | 22.10M | 22.30M | 20.80M | 20.80M | 21.20M | 21.20M | 20.50M | 19.30M | 12.50M | 12.20M | 10.69M | 9.46M | 9.05M | 9.11M | 9.36M | 8.99M | 8.64M | 7.20M | 7.40M | 7.50M | 6.10M | 5.90M | 5.50M |
| Free Cash Flow | -34.00M | -24.40M | -7.20M | -46.90M | -14.30M | -23.90M | -33.10M | -29.80M | 11.20M | -8.60M | 6.80M | -1.80M | -11.20M | -23.70M | -7.80M | 19.00M | -5.70M | -13.27M | -291,000 | 7.73M | -6.32M | -11.26M | 3.32M | -9.70M | 2.90M | -1.30M | 2.70M | -13.20M | 2.40M | 7.40M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | Nov 30, 2024 | 1,046,424 | 57.75M | 6.46% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 511,075 | 28.21M | 3.16% |
| John Hancock Small Cap Core Fd | Nov 30, 2024 | 500,853 | 27.64M | 3.09% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 446,070 | 24.62M | 2.76% |
| iShares U.S. Infrastructure ETF | Nov 30, 2024 | 368,413 | 20.33M | 2.28% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 253,847 | 14.01M | 1.57% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 163,518 | 9.02M | 1.01% |
| Boston Trust & Walden Fds-Boston Small Cap Fund | Sep 30, 2024 | 160,904 | 8.88M | 0.99% |
| iShares Russell 2000 Value ETF | Nov 30, 2024 | 156,783 | 8.65M | 0.97% |
| SPDR Portfolio S&P 600 Small Cap ETF | Nov 30, 2024 | 148,142 | 8.18M | 0.92% |
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