Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 20.09 is in line with its 5-year average of 21.67, near the low end of its 5-year range (15.30–32.94).
As of 2026-10-02T20:31:16.728Z. 10.95% above its 12-month average of 18.11.
Calculation as of: 2026-10-02T20:31:16.728Z.
Quote observation: 2026-10-02T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 04b578ffe3760183ce98fcfaecfde98f976033968bd2eea535523165a5197a01
PE Ratio (20.09) = Close Price ($39.38) / Diluted TTM EPS ($1.96)
PE RATIO
20.09
PE RATIO AVG TTM
18.11
PE RATIO AVG 3Y
18.40
PE RATIO AVG 5Y
21.67
PE RATIO AVG 10Y
25.34
PE RATIO AVG 15Y
23.39
PE RATIO AVG 20Y
24.09
CURRENT VS TTM AVG
+10.95%
CURRENT VS 3Y AVG
+9.18%
CURRENT VS 5Y AVG
-7.29%
CURRENT VS 10Y AVG
-20.71%
CURRENT VS 15Y AVG
-14.12%
CURRENT VS 20Y AVG
-16.60%
SECTOR MEDIAN · UTILITIES
19.46
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+3.24%
vs the sector median at left
Essential Utilities, Inc.
Market Cap
$11.17B
PE Ratio
20.09
TTM Avg
18.11
3Y Avg
18.40
5Y Avg
21.67
Market Cap
$11.62B
PE Ratio
18.41
TTM Avg
19.12
3Y Avg
17.91
5Y Avg
17.12
Market Cap
$8.67B
PE Ratio
61.63
TTM Avg
58.23
3Y Avg
58.23
5Y Avg
58.23
Market Cap
$16.61B
PE Ratio
20.36
TTM Avg
21.92
3Y Avg
21.21
5Y Avg
21.23
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Essential Utilities, Inc. (WTRG) | $11.17B | 20.09 | 18.11 | 18.40 | 21.67 |
| Pinnacle West Capital Corporation (PNW)vs › | $11.62B | 18.41 | 19.12 | 17.91 | 17.12 |
| The AES Corporation (AES)vs › | $10.63B | 5.67 | 8.69 | 13.60 | 15.40 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.67B | 61.63 | 58.23 | 58.23 | 58.23 |
| UGI Corporation (UGI)vs › | $7.98B | 12.44 | 13.46 | 13.93 | 13.23 |
| Talen Energy Corporation (TLN)vs › | $14.56B | N/A | 62.56 | 34.10 | 34.10 |
| Oklo Inc. (OKLO)vs › | $6.24B | N/A | 24.62 | 24.62 | 24.62 |
| Clearway Energy, Inc. (CWEN)vs › | $6.03B | 38.61 | 239.09 | 105.57 | 89.39 |
| Alliant Energy Corporation (LNT)vs › | $16.61B | 20.36 | 21.92 | 21.21 | 21.23 |
| Black Hills Corporation (BKH)vs › | $5.40B | 17.92 | 18.16 | 15.73 | 16.30 |
At 20.1, P/E is below its 20-year median — higher than 19% of readings in its 20-year history.
20-year low
15.3
median
24.1
20-year high
77.3
Trailing P/E
20.1
Forward P/E
17.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$39.38
Forward EPS (Est.)
$2.23
Forward P/E
17.64
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-10-01 | 19.73 |
| 2026-09-30 | 19.99 |
| 2026-09-29 | 20.02 |
| 2026-09-28 | 19.88 |
| 2026-09-25 | 20.17 |
| 2026-09-24 | 20.28 |
| 2026-09-23 | 20.50 |
| 2026-09-22 | 20.60 |
| 2026-09-21 | 20.65 |
| 2026-09-18 | 20.94 |
| 2026-09-17 | 21.23 |
| 2026-09-16 | 21.11 |
| 2026-09-15 | 21.16 |
| 2026-09-14 | 21.23 |
| 2026-09-11 | 20.95 |
| 2026-09-10 | 21.33 |
| 2026-09-09 | 21.43 |
| 2026-09-08 | 21.40 |
| 2026-09-04 | 21.28 |
| 2026-09-03 | 21.36 |
| 2026-09-02 | 21.20 |
| 2026-09-01 | 20.97 |
| 2026-08-31 | 21.01 |
| 2026-08-28 | 20.97 |
| 2026-08-27 | 20.69 |
| 2026-08-26 | 20.80 |
| 2026-08-25 | 20.80 |
| 2026-08-24 | 21.09 |
| 2026-08-21 | 20.50 |
| 2026-08-20 | 20.62 |
| 2026-08-19 | 20.94 |
| 2026-08-18 | 20.59 |
| 2026-08-17 | 20.31 |
| 2026-08-14 | 20.60 |
| 2026-08-13 | 20.64 |
| 2026-08-12 | 20.34 |
| 2026-08-11 | 20.45 |
| 2026-08-10 | 20.30 |
| 2026-08-07 | 20.43 |
| 2026-08-06 | 20.35 |
| 2026-08-05 | 20.10 |
| 2026-08-04 | 20.08 |
| 2026-08-03 | 19.69 |
| 2026-07-31 | 20.23 |
| 2026-07-30 | 20.48 |
| 2026-07-29 | 20.66 |
| 2026-07-28 | 20.66 |
| 2026-07-27 | 20.07 |
| 2026-07-24 | 20.11 |
| 2026-07-23 | 20.10 |
| 2026-07-22 | 20.00 |
| 2026-07-21 | 19.76 |
| 2026-07-20 | 19.99 |
| 2026-07-17 | 20.15 |
| 2026-07-16 | 20.04 |
| 2026-07-15 | 19.25 |
| 2026-07-14 | 19.59 |
| 2026-07-13 | 19.59 |
| 2026-07-10 | 19.58 |
| 2026-07-09 | 19.56 |
| 2026-07-08 | 19.68 |
| 2026-07-07 | 19.84 |
| 2026-07-06 | 19.62 |
| 2026-07-02 | 19.99 |
| 2026-07-01 | 19.30 |
| 2026-06-30 | 19.45 |
| 2026-06-29 | 19.51 |
| 2026-06-26 | 19.62 |
| 2026-06-25 | 19.25 |
| 2026-06-24 | 19.18 |
| 2026-06-23 | 18.93 |
| 2026-06-22 | 18.62 |
| 2026-06-18 | 18.63 |
| 2026-06-17 | 18.76 |
| 2026-06-16 | 19.24 |
| 2026-06-15 | 19.07 |
| 2026-06-12 | 19.04 |
| 2026-06-11 | 18.85 |
| 2026-06-10 | 19.07 |
| 2026-06-09 | 19.05 |
| 2026-06-08 | 18.60 |
| 2026-06-05 | 18.96 |
| 2026-06-04 | 18.65 |
| 2026-06-03 | 18.78 |
| 2026-06-02 | 18.80 |
| 2026-06-01 | 18.40 |
| 2026-05-29 | 18.73 |
| 2026-05-28 | 18.62 |
| 2026-05-27 | 18.82 |
| 2026-05-26 | 18.86 |
| 2026-05-22 | 19.01 |
| 2026-05-21 | 18.78 |
| 2026-05-20 | 18.55 |
| 2026-05-19 | 18.84 |
| 2026-05-18 | 18.90 |
| 2026-05-15 | 18.79 |
| 2026-05-14 | 19.04 |
| 2026-05-13 | 19.24 |
| 2026-05-12 | 19.28 |
| 2026-05-11 | 19.07 |
| 2026-05-08 | 19.02 |
| 2026-05-07 | 17.06 |
| 2026-05-06 | 16.99 |
| 2026-05-05 | 16.96 |
| 2026-05-04 | 17.17 |
| 2026-05-01 | 17.21 |
| 2026-04-30 | 17.29 |
| 2026-04-29 | 17.87 |
| 2026-04-28 | 17.93 |
| 2026-04-27 | 17.83 |
| 2026-04-24 | 17.88 |
| 2026-04-23 | 18.25 |
| 2026-04-22 | 17.63 |
| 2026-04-21 | 17.74 |
| 2026-04-20 | 18.00 |
| 2026-04-17 | 17.65 |
| 2026-04-16 | 17.52 |
| 2026-04-15 | 17.46 |
| 2026-04-14 | 17.86 |
| 2026-04-13 | 17.91 |
| 2026-04-10 | 18.40 |
| 2026-04-09 | 18.58 |
| 2026-04-08 | 18.24 |
| 2026-04-07 | 18.31 |
| 2026-04-06 | 18.50 |
| 2026-04-02 | 18.59 |
| 2026-04-01 | 18.39 |
| 2026-03-31 | 18.22 |
| 2026-03-30 | 18.57 |
| 2026-03-27 | 18.25 |
| 2026-03-26 | 18.46 |
| 2026-03-25 | 17.94 |
| 2026-03-24 | 17.96 |
| 2026-03-23 | 18.10 |
| 2026-03-20 | 18.07 |
| 2026-03-19 | 18.31 |
| 2026-03-18 | 18.40 |
| 2026-03-17 | 18.47 |
| 2026-03-16 | 18.57 |
| 2026-03-13 | 18.85 |
| 2026-03-12 | 18.58 |
| 2026-03-11 | 17.99 |
| 2026-03-10 | 17.88 |
| 2026-03-09 | 18.48 |
| 2026-03-06 | 18.26 |
| 2026-03-05 | 17.91 |
| 2026-03-04 | 18.21 |
| 2026-03-03 | 18.15 |
| 2026-03-02 | 18.17 |
| 2026-02-27 | 18.09 |
| 2026-02-26 | 16.51 |
| 2026-02-25 | 16.56 |
| 2026-02-24 | 16.50 |
| 2026-02-23 | 16.30 |
| 2026-02-20 | 16.05 |
| 2026-02-19 | 16.22 |
| 2026-02-18 | 16.17 |
| 2026-02-17 | 16.43 |
| 2026-02-13 | 16.49 |
| 2026-02-12 | 16.01 |
| 2026-02-11 | 15.54 |
| 2026-02-10 | 15.63 |
| 2026-02-09 | 15.30 |
| 2026-02-06 | 15.53 |
| 2026-02-05 | 15.64 |
| 2026-02-04 | 15.52 |
| 2026-02-03 | 15.72 |
| 2026-02-02 | 15.87 |
| 2026-01-30 | 16.10 |
| 2026-01-29 | 16.06 |
| 2026-01-28 | 15.81 |
| 2026-01-27 | 16.29 |
| 2026-01-26 | 16.32 |
| 2026-01-23 | 16.26 |
| 2026-01-22 | 16.43 |
| 2026-01-21 | 16.28 |
| 2026-01-20 | 16.32 |
| 2026-01-16 | 16.52 |
| 2026-01-15 | 16.60 |
| 2026-01-14 | 16.48 |
| 2026-01-13 | 16.26 |
| 2026-01-12 | 16.24 |
| 2026-01-09 | 15.90 |
| 2026-01-08 | 15.97 |
| 2026-01-07 | 15.78 |
| 2026-01-06 | 15.97 |
| 2026-01-05 | 15.68 |
| 2026-01-02 | 16.05 |
| 2025-12-31 | 15.92 |
| 2025-12-30 | 15.95 |
| 2025-12-29 | 16.06 |
| 2025-12-26 | 16.00 |
| 2025-12-24 | 16.00 |
| 2025-12-23 | 15.95 |
| 2025-12-22 | 16.00 |
| 2025-12-19 | 15.74 |
| 2025-12-18 | 16.05 |
| 2025-12-17 | 16.19 |
| 2025-12-16 | 15.90 |
| 2025-12-15 | 15.95 |
| 2025-12-12 | 15.75 |
| 2025-12-11 | 15.63 |
| 2025-12-10 | 15.42 |
| 2025-12-09 | 15.45 |
| 2025-12-08 | 15.54 |
| 2025-12-05 | 15.77 |
| 2025-12-04 | 15.73 |
| 2025-12-03 | 16.12 |
| 2025-12-02 | 16.12 |
| 2025-12-01 | 16.34 |
| 2025-11-28 | 16.43 |
| 2025-11-26 | 16.29 |
| 2025-11-25 | 16.40 |
| 2025-11-24 | 16.57 |
| 2025-11-21 | 16.65 |
| 2025-11-20 | 16.05 |
| 2025-11-19 | 15.89 |
| 2025-11-18 | 16.24 |
| 2025-11-17 | 16.57 |
| 2025-11-14 | 16.46 |
| 2025-11-13 | 16.58 |
| 2025-11-12 | 16.22 |
| 2025-11-11 | 16.37 |
| 2025-11-10 | 16.29 |
| 2025-11-07 | 16.45 |
| 2025-11-06 | 16.39 |
| 2025-11-05 | 17.03 |
| 2025-11-04 | 16.48 |
| 2025-11-03 | 16.34 |
| 2025-10-31 | 16.75 |
| 2025-10-30 | 16.65 |
| 2025-10-29 | 16.81 |
| 2025-10-28 | 17.40 |
| 2025-10-27 | 17.44 |
| 2025-10-24 | 17.69 |
| 2025-10-23 | 17.73 |
| 2025-10-22 | 17.89 |
| 2025-10-21 | 17.89 |
| 2025-10-20 | 18.00 |
| 2025-10-17 | 17.70 |
| 2025-10-16 | 17.74 |
| 2025-10-15 | 17.45 |
| 2025-10-14 | 17.15 |
| 2025-10-13 | 17.07 |
| 2025-10-10 | 17.47 |
| 2025-10-09 | 17.37 |
| 2025-10-08 | 17.61 |
| 2025-10-07 | 17.44 |
| 2025-10-06 | 17.20 |
| 2025-10-03 | 16.90 |
| 2025-10-02 | 16.55 |
| 2025-10-01 | 16.66 |
| 2025-09-30 | 17.12 |
| 2025-09-29 | 16.79 |
| 2025-09-26 | 16.58 |
| 2025-09-25 | 16.22 |
| 2025-09-24 | 16.22 |
| 2025-09-23 | 16.11 |
| 2025-09-22 | 15.90 |
| 2025-09-19 | 15.89 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
