Unitil (UTL) Financials

Unitil Corp is a public utility holding company that provides electric and natural gas services to customers in the Northeast United States. The company operates through three segments: Electric Utility, Gas Utility, and Non-regulated. The Electric Utility segment generates, transmits, and distributes electricity to customers in New Hampshire and Massachusetts. The Gas Utility segment distributes natural gas to customers in Maine, New Hampshire, and Massachusetts. The Non-regulated segment engages in the energy-related businesses, including purchasing, selling, and transporting natural gas and propane, as well as the provision of energy management services.

Let's take a closer look at Unitil Corp's financials. Starting with the income statement, we can see that the company reported a total revenue of $429.4 million in the most recent fiscal year. The gross profit for the year stood at $191.6 million. After deducting operating expenses, Unitil Corp's EBIT (earnings before interest and taxes) was $72.8 million, and the net income attributable to stockholders was $42.3 million.

Moving on to the balance sheet, Unitil Corp had total assets of $1.2 billion, including cash equivalents of $15.6 million. The company's total debt amounted to $673.1 million, resulting in a net debt of $657.5 million. Stockholders' equity stood at $457.8 million. The company's total liabilities were $1.0 billion.

Analyzing the cash flow statement, we can see that Unitil Corp's operating cash flow for the year was $88.9 million. The company had a free cash flow of $39.7 million, which represents the cash generated from operations after deducting capital expenditures. The investing cash flow was $41.5 million, primarily due to investments in property, plant, and equipment. Lastly, the financing cash flow was -$17.9 million, mainly driven by dividends paid to stockholders.

In summary, Unitil Corp is a utility holding company that provides electric and gas services to customers in the Northeast United States. The company's financials show solid performance, with a strong revenue base, healthy EBIT, and net income. Unitil Corp maintains a favorable balance sheet, with significant equity and manageable levels of debt. The company generates positive operating cash flow and maintains a positive free cash flow, indicating healthy cash management. These financials demonstrate Unitil Corp's stability and position within the utility sector.