(UTL) UNITIL - Overview
Sector: Utilities | Industry: Utilities - Diversified | Exchange: NYSE (USA) | Market Cap: 928m USD | Total Return: -1.2% in 12m
Avg Turnover: 5.13M
EPS Trend: 86.9%
Qual. Beats: 0
Rev. Trend: -36.3%
Qual. Beats: 2
Warnings
High Debt while negative Cash Flow
Altman Z'' 0.62 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Unitil Corporation (UTL) is a public utility holding company providing electric and natural gas distribution services across New Hampshire, Massachusetts, and Maine. The company operates through two primary segments, Utility Electric Operations and Utility Gas Operations, serving approximately 215,100 combined customers. Beyond local distribution, Unitil manages 85 miles of interstate natural gas transmission pipeline and maintains a real estate management division.
As a regulated utility, Unitil operates under a cost-of-service model where rates are set by state commissions, providing a predictable revenue stream tied to infrastructure investment. The multi-utility structure allows the company to diversify its energy delivery across different seasonal demand cycles, such as winter heating and summer cooling. Investors seeking a deeper look at these regulatory filings and valuation metrics can find comprehensive data on ValueRay.
The companys geographic focus is concentrated in the northeastern United States, specifically the seacoast and capital regions of New Hampshire and the greater Portland and Bangor areas in Maine. Headquartered in Hampton, New Hampshire, Unitil has maintained its corporate structure since its incorporation in 1984.
- Rate case approvals drive base revenue growth across New England service territories
- Natural gas customer base expansion increases long-term infrastructure investment returns
- Interest rate fluctuations impact financing costs for capital-intensive utility projects
- Regulatory decisions in New Hampshire and Maine determine allowed return on equity
- Extreme weather events influence seasonal volume and emergency restoration expenditure limits
| Net Income: 55.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -0.94 > 1.0 |
| NWC/Revenue: -30.75% < 20% (prev -20.44%; Δ -10.32% < -1%) |
| CFO/TA 0.06 > 3% & CFO 129.3m > Net Income 55.9m |
| Net Debt (923.4m) to EBITDA (209.2m): 4.41 < 3 |
| Current Ratio: 0.57 > 1.5 & < 3 |
| Outstanding Shares: last quarter (17.9m) vs 12m ago 10.49% < -2% |
| Gross Margin: 40.15% > 18% (prev 0.42%; Δ 3.97k% > 0.5%) |
| Asset Turnover: 28.77% > 50% (prev 25.75%; Δ 3.02% > 0%) |
| Interest Coverage Ratio: 2.62 > 6 (EBITDA TTM 209.2m / Interest Expense TTM 45.3m) |
| A: -0.08 (Total Current Assets 236.9m - Total Current Liabilities 415.9m) / Total Assets 2.16b |
| B: 0.10 (Retained Earnings 215.9m / Total Assets 2.16b) |
| C: 0.06 (EBIT TTM 118.9m / Avg Total Assets 2.02b) |
| D: 0.42 (Book Value of Equity 635.8m / Total Liabilities 1.52b) |
| Altman-Z'' = 0.62 = B |
| DSRI: 0.93 (Receivables 116.0m/103.9m, Revenue 582.1m/486.9m) |
| GMI: 1.04 (GM 40.15% / 41.59%) |
| AQI: 1.25 (AQ_t 0.05 / AQ_t-1 0.04) |
| SGI: 1.20 (Revenue 582.1m / 486.9m) |
| TATA: -0.03 (NI 55.9m - CFO 129.3m) / TA 2.16b) |
| Beneish M = -2.80 (Cap -4..+1) = A |
As of May 25, 2026, the stock is trading at USD 51.81 with a total of 37,629 shares traded.
Over the past week, the price has changed by +3.29%,
over one month by -0.90%,
over three months by +0.88% and
over the past year by -1.18%.
UNITIL has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy UTL.
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 55.7 | 7.5% |
P/E Trailing = 16.476
P/E Forward = 19.8807
P/S = 1.5939
P/B = 1.4592
P/EG = 3.368
Revenue TTM = 582.1m USD
EBIT TTM = 118.9m USD
EBITDA TTM = 209.2m USD
Long Term Debt = 631.4m USD (from longTermDebt, last quarter)
Short Term Debt = 297.9m USD (from shortTermDebt, last quarter)
Debt = 940.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 6.50m
Net Debt = 923.4m USD (calculated: Debt 940.3m - CCE 16.9m)
Enterprise Value = 1.85b USD (927.8m + Debt 940.3m - CCE 16.9m)
Interest Coverage Ratio = 2.62 (Ebit TTM 118.9m / Interest Expense TTM 45.3m)
EV/FCF = -33.29x (Enterprise Value 1.85b / FCF TTM -55.6m)
FCF Yield = -3.00% (FCF TTM -55.6m / Enterprise Value 1.85b)
FCF Margin = -9.55% (FCF TTM -55.6m / Revenue TTM 582.1m)
Net Margin = 9.60% (Net Income TTM 55.9m / Revenue TTM 582.1m)
Gross Margin = 40.15% ((Revenue TTM 582.1m - Cost of Revenue TTM 348.4m) / Revenue TTM)
Gross Margin QoQ = 40.71% (prev 40.80%)
Tobins Q-Ratio = 0.86 (Enterprise Value 1.85b / Total Assets 2.16b)
Interest Expense / Debt = 4.82% (Interest Expense 45.3m / Debt 940.3m)
Taxrate = 26.39% (11.9m / 45.1m)
NOPAT = 87.5m (EBIT 118.9m * (1 - 26.39%))
Current Ratio = 0.57 (Total Current Assets 236.9m / Total Current Liabilities 415.9m)
Debt / Equity = 1.48 (Debt 940.3m / totalStockholderEquity, last quarter 636.0m)
Debt / EBITDA = 4.41 (Net Debt 923.4m / EBITDA 209.2m)
Debt / FCF = -16.61 (negative FCF - burning cash) (Net Debt 923.4m / FCF TTM -55.6m)
Total Stockholder Equity = 593.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.76% (Net Income 55.9m / Total Assets 2.16b)
RoE = 9.41% (Net Income TTM 55.9m / Total Stockholder Equity 593.9m)
RoCE = 9.70% (EBIT 118.9m / Capital Employed (Equity 593.9m + L.T.Debt 631.4m))
RoIC = 4.33% (NOPAT 87.5m / Invested Capital 2.02b)
WACC = 4.84% (E(927.8m)/V(1.87b) * Re(6.15%) + D(940.3m)/V(1.87b) * Rd(4.82%) * (1-Tc(0.26)))
Discount Rate = 6.15% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.45 | Cagr: 4.89%
[DCF] Fair Price = unknown (Cash Flow -55.6m)
EPS Correlation: 86.92 | EPS CAGR: 4.73% | SUE: -0.17 | # QB: 0
Revenue Correlation: -36.30 | Revenue CAGR: -2.99% | SUE: 1.57 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.26 | Chg30d=+0.00% | Revisions=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.07 | Chg30d=N/A | Revisions=N/A | Analysts=2
EPS current Year (2026-12-31): EPS=3.31 | Chg30d=N/A | Revisions=-20% | GrowthEPS=+9.8% | GrowthRev=+7.9%
EPS next Year (2027-12-31): EPS=3.51 | Chg30d=N/A | Revisions=-20% | GrowthEPS=+6.0% | GrowthRev=-2.2%
[Analyst] Revisions Ratio: -20%