Chesapeake Utilities Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Chesapeake Utilities Corp reported revenue of $930.0M (+18.1% year on year) and net income of $140.3M (+18.3% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Regulated Energy | $687.8M | $583.4M | $473.6M | $429.4M |
| Unregulated Energy | $271.9M | $228.4M | $223.1M | $280.8M |
| Other | ($29.7M) | ($24.6M) | ($26.1M) | ($29.5M) |
| Total operating revenues | $930.0M | $787.2M | $670.6M | $680.7M |
| Natural gas and electricity costs | $193.8M | $144.2M | $140.0M | $127.2M |
| Propane and natural gas costs | $97.7M | $75.6M | $76.5M | $133.3M |
| Operations | $229.3M | $210.1M | $178.4M | $164.5M |
| Maintenance | $23.9M | $22.5M | $20.4M | $18.2M |
| Depreciation and amortization | $91.7M | $65.7M | $65.5M | $69.0M |
| Other taxes | $36.5M | $36.9M | $28.6M | $25.6M |
| Total operating expenses | $674.1M | $559.0M | $519.8M | $537.8M |
| Operating Income | $255.9M | $228.2M | $150.8M | $142.9M |
| Other income, net | $9.6M | $2.0M | $1.4M | $5.1M |
| Interest charges | $72.5M | $68.4M | $37.0M | $24.4M |
| Income Before Income Taxes | $193.0M | $161.8M | $115.3M | — |
| Income taxes | $52.7M | $43.2M | $28.1M | $33.8M |
| Net Income (Loss) Attributable to Parent | $140.3M | $118.6M | $87.2M | $89.8M |
| Basic (in shares) | 23.4M | 22.5M | 18.4M | 17.7M |
| Diluted (in shares) | 23.5M | 22.5M | 18.4M | 17.8M |
| Income (Loss) from Continuing Operations, Per Basic Share | $6 | $5.28 | $4.75 | $5.07 |
| Basic (in usd per share) | $6.00 | $5.28 | $4.75 | $5.07 |
| Income (Loss) from Continuing Operations, Per Diluted Share | $5.97 | $5.26 | $4.73 | $5.04 |
| Diluted (in usd per share) | $5.97 | $5.26 | $4.73 | $5.04 |
| Transaction-related expenses | $1.2M | $4.0M | $10.4M | — |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Regulated Energy | $164.3M | $249.3M | $146.4M | $151.8M |
| Unregulated Energy | $45.2M | $113.7M | $40.7M | $47.9M |
| Other Businesses and Eliminations | ($7.6M) | ($9.9M) | ($7.5M) | ($6.9M) |
| Total Operating Revenues | $201.9M | $353.1M | $179.6M | $192.8M |
| Regulated natural gas and electric costs | $39.6M | $101.6M | $31.7M | $34.1M |
| Unregulated propane and natural gas costs | $12.1M | $45.3M | $10.7M | $15.9M |
| Operations | $57.7M | $67.3M | $53.6M | $54.9M |
| Maintenance | $7.0M | $8.0M | $6.1M | $6.0M |
| Depreciation and amortization | $22.9M | $21.5M | $23.3M | $21.9M |
| Other taxes | $9.7M | $10.0M | $9.0M | $9.2M |
| FCG transaction and transition-related expenses | $0 | $0 | $200.0K | $500.0K |
| Total Operating Expenses | $149.0M | $253.7M | $134.6M | $142.5M |
| Operating Income | $52.9M | $99.4M | $45.0M | $50.3M |
| Other income, net | $500.0K | $0 | $200.0K | $400.0K |
| Interest charges | $18.4M | $18.7M | $18.2M | $17.8M |
| Income Before Income Taxes | $35.0M | $80.7M | $27.0M | $32.9M |
| Income taxes | $9.6M | $21.4M | $7.6M | $9.0M |
| Net Income | $25.4M | $59.3M | $19.4M | $23.9M |
| Basic (in shares) | 24.1M | 23.9M | 23.5M | 23.3M |
| Diluted (in shares) | 24.2M | 24.1M | 23.6M | 23.4M |
| Basic (in dollars per share) | $1.06 | $2.48 | $0.82 | $1.03 |
| Diluted (in dollars per share) | $1.05 | $2.47 | $0.82 | $1.02 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Total current assets | $237.0M | $204.3M | $185.7M | $194.0M |
| Total deferred charges and other assets | $639.4M | $636.8M | $662.6M | $210.6M |
| Net property, plant and equipment | $3.1B | $2.7B | $2.5B | $1.8B |
| Disposal Group, Including Discontinued Operation, Assets, Current | $237.0M | $204.3M | $185.7M | $194.0M |
| Deferred Charges And Other Assets | $639.4M | $636.8M | $662.6M | $210.6M |
| Total Assets | $4.0B | $3.6B | $3.3B | $2.2B |
| Total stockholders’ equity | $1.6B | $1.4B | $1.2B | $832.8M |
| Total current liabilities | $529.9M | $419.4M | $386.4M | $369.0M |
| Total deferred credits and other liabilities | $539.3M | $505.7M | $485.1M | $434.8M |
| Total capitalization | $2.9B | $2.7B | $2.4B | $1.4B |
| Liabilities, Current | $529.9M | $419.4M | $386.4M | $369.0M |
| Deferred Credits and Other Liabilities | $539.3M | $505.7M | $485.1M | $434.8M |
| Total Capitalization and Liabilities | $4.0B | $3.6B | $3.3B | $2.2B |
| Regulated Energy | $2.9B | $2.7B | $2.4B | $1.8B |
| Unregulated Energy | $492.4M | $463.7M | $410.8M | $393.2M |
| Other businesses | $38.3M | $29.9M | $30.3M | $29.9M |
| Total property, plant and equipment | $3.5B | $3.2B | $2.9B | $2.2B |
| Accumulated depreciation | $637.6M | $567.6M | $516.4M | $462.9M |
| Construction Work in Progress | $283.7M | $148.1M | $113.2M | $47.3M |
| Cash and cash equivalents | $1.8M | $7.9M | $4.9M | $6.2M |
| Accounts Receivable, before Allowance for Credit Loss, Current | $106.9M | $80.0M | $74.5M | $65.8M |
| Allowance for uncollectible accounts | $5.4M | $3.3M | $2.7M | $2.9M |
| Trade and other receivables, net | $101.5M | $76.7M | $71.8M | $62.9M |
| Accrued Revenue | $50.1M | $37.8M | $32.6M | $29.2M |
| Propane inventory, at average cost | $8.8M | $8.9M | $9.3M | $9.4M |
| Other inventory, at average cost | $17.9M | $18.0M | $19.9M | $16.9M |
| Regulatory assets | $29.7M | $23.9M | $19.5M | $41.4M |
| Storage gas prepayments | $4.5M | $3.8M | $4.7M | $6.4M |
| Income taxes receivable | $0 | $6.8M | $3.8M | $2.5M |
| Prepaid expenses | $19.7M | $17.3M | $15.4M | $15.9M |
| Derivative assets, at fair value | $0 | $600.0K | $1.0M | $2.8M |
| Other current assets | $3.0M | $2.6M | $2.7M | $428.0K |
| Goodwill | $507.5M | $507.7M | $508.2M | $46.2M |
| Other intangible assets, net | $13.2M | $15.0M | $16.9M | $17.9M |
| Investments, Fair Value Disclosure | $17.2M | $14.4M | $12.3M | $10.6M |
| Energy Marketing Contracts Assets, Noncurrent | $0 | $100.0K | $40.0K | $982.0K |
| Operating Lease, Right-of-Use Asset | $9.9M | $10.5M | $12.4M | $14.4M |
| Regulatory assets | $74.3M | $77.4M | $96.4M | $108.2M |
| Receivables and other deferred charges | $17.3M | $11.7M | $16.4M | $12.3M |
| Preferred stock, par value $0.01 per share (authorized 2,000,000 shares), no shares issued and outstanding | $0.00 | $0.00 | $0.00 | $0.00 |
| Common stock, par value $0.4867 per share (authorized 75,000,000 shares) | $11600000.00 | $11100000.00 | $10823000.00 | $8635000.00 |
| Additional paid-in capital | $962.8M | $830.5M | $749.4M | $380.0M |
| Retained earnings | $626.8M | $550.3M | $488.7M | $445.5M |
| Accumulated other comprehensive loss | ($2.7M) | ($1.7M) | ($2.7M) | ($1.4M) |
| Deferred compensation obligation | $12.6M | $9.8M | $9.1M | $7.1M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Regulated Energy | $3.1B | $3.0B | $2.8B | $2.8B |
| Unregulated Energy | $514.3M | $507.2M | $481.8M | $482.2M |
| Other Businesses and Eliminations | $43.0M | $39.3M | $38.4M | $37.7M |
| Total property, plant and equipment | $3.6B | $3.6B | $3.4B | $3.3B |
| Less: Accumulated depreciation and amortization | ($657.5M) | ($652.1M) | ($617.7M) | ($600.3M) |
| Plus: Construction work in progress | $376.6M | $320.5M | $254.4M | $199.2M |
| Net property, plant and equipment | $3.4B | $3.2B | $3.0B | $2.9B |
| Cash and cash equivalents | $400.0K | $4.7M | $1.8M | $1.5M |
| Trade and other receivables | $100.2M | $120.7M | $82.3M | $89.1M |
| Less: Allowance for credit losses | ($7.9M) | $6.8M | $4.2M | $5.0M |
| Trade and other receivables, net | $92.3M | $113.9M | $78.1M | $84.1M |
| Accrued revenue | $30.5M | $49.0M | $25.2M | $26.9M |
| Propane inventory, at average cost | $6.6M | $8.2M | $6.7M | $6.7M |
| Other inventory, at average cost | $17.1M | $17.1M | $18.2M | $18.4M |
| Regulatory assets | $19.6M | $24.5M | $30.0M | $20.8M |
| Storage gas prepayments | $2.9M | $700.0K | $5.6M | $3.6M |
| Prepaid expenses | $15.5M | $17.0M | $21.4M | $16.4M |
| Derivative assets, at fair value | $200.0K | $800.0K | $100.0K | $300.0K |
| Other current assets | $2.9M | $3.2M | $3.0M | $2.9M |
| Total current assets | $188.0M | $239.1M | $218.8M | $192.3M |
| Goodwill | $507.5M | $507.5M | $507.5M | $507.7M |
| Other intangible assets, net | $12.5M | $12.9M | $13.7M | $14.0M |
| Investments, at fair value | $18.7M | $16.4M | $16.8M | $15.9M |
| Derivative assets, at fair value | $100.0K | $100.0K | $0 | $100.0K |
| Operating lease right-of-use assets | $8.9M | $9.4M | $9.6M | $9.6M |
| Regulatory assets | $72.9M | $73.7M | $75.3M | $76.1M |
| Receivables and other deferred charges | $12.7M | $12.9M | $14.2M | $14.1M |
| Total deferred charges and other assets | $633.3M | $632.9M | $637.1M | $637.5M |
| Total Assets | $4.2B | $4.1B | $3.9B | $3.7B |
| Preferred stock, par value $0.01 per share (authorized 2,000,000 shares), no shares issued and outstanding | $0.00 | $0.00 | $0.00 | $0.00 |
| Common stock, par value $0.4867 per share (authorized 75,000,000 shares) | $11700000.00 | $11700000.00 | $11500000.00 | $11400000.00 |
| Additional paid-in capital | $986.7M | $972.2M | $913.2M | $896.4M |
| Retained earnings | $676.7M | $669.3M | $597.2M | $594.1M |
| Accumulated other comprehensive loss | ($1.7M) | ($1.5M) | ($3.2M) | ($2.8M) |
| Deferred compensation obligation | $17.5M | $17.4M | $12.5M | $12.5M |
| Treasury stock | ($17.5M) | ($17.4M) | ($12.5M) | ($12.5M) |
| Total stockholders’ equity | $1.7B | $1.7B | $1.5B | $1.5B |
| Long-term debt, net of current maturities | $1.3B | $1.3B | $1.4B | $1.2B |
| Total capitalization | $3.0B | $3.0B | $3.0B | $2.7B |
| Current portion of long-term debt | $131.7M | $134.6M | $34.5M | $25.5M |
| Short-term borrowing | $238.1M | $199.6M | $95.8M | $245.3M |
| Accounts payable | $93.6M | $101.1M | $89.2M | $69.1M |
| Customer deposits and refunds | $50.2M | $41.8M | $44.9M | $48.1M |
| Accrued interest | $8.8M | $17.6M | $17.4M | $4.9M |
| Dividends payable | $17.7M | $16.4M | $16.1M | $16.0M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net Income | $140.3M | $118.6M | $87.2M | $89.8M |
| Depreciation and amortization | $91.7M | $65.7M | $65.5M | $69.0M |
| Depreciation and accretion included in operations expenses | $15.9M | $15.8M | $11.9M | $11.0M |
| Deferred income taxes and investment tax credits | $28.8M | $36.4M | $3.4M | $23.7M |
| Realized gains on sale of assets/commodity contracts | ($10.6M) | ($4.4M) | ($824.0K) | ($7.5M) |
| Unrealized gains on investments/commodity contracts | ($2.1M) | ($1.8M) | ($1.9M) | $1.8M |
| Employee benefits and compensation | $0 | $0 | $342.0K | ($1.1M) |
| Share-based compensation | $8.5M | $8.4M | $7.6M | $6.4M |
| Accounts receivable and accrued revenue | ($37.1M) | ($10.3M) | $2.3M | ($11.2M) |
| Propane inventory, storage gas and other inventory | ($600.0K) | $3.3M | $293.0K | ($7.8M) |
| Regulatory assets/liabilities, net | ($18.4M) | $200.0K | $20.1M | ($38.7M) |
| Prepaid expenses and other current assets | ($1.4M) | $400.0K | $18.7M | $9.1M |
| Accounts payable and other accrued liabilities | $13.3M | $400.0K | ($16.8M) | $2.7M |
| Income taxes receivable/payable | $7.9M | ($2.9M) | ($1.3M) | $14.9M |
| Customer deposits and refunds | ($600.0K) | ($700.0K) | $3.9M | $664.0K |
| Accrued compensation | ($2.9M) | $7.0M | $1.5M | ($1.2M) |
| Other assets and liabilities, net | ($3.6M) | $5.7M | $1.4M | ($2.8M) |
| Net cash provided by operating activities | $233.7M | $239.4M | $203.5M | $158.9M |
| Property, plant and equipment expenditures | ($448.6M) | ($355.3M) | ($188.6M) | ($128.3M) |
| Proceeds from sale of assets | $12.9M | $5.2M | $2.9M | $3.9M |
| Acquisitions, net of cash acquired | $0 | $600.0K | ($925.0M) | ($11.8M) |
| Environmental expenditures | $0 | ($400.0K) | ($665.0K) | ($266.0K) |
| Net cash used in investing activities | ($435.7M) | ($349.9M) | ($1.1B) | ($136.4M) |
| Common stock dividends | ($60.7M) | ($54.2M) | ($40.0M) | ($35.1M) |
| Payment, Tax Withholding, Share-based Payment Arrangement | ($1.0M) | ($1.5M) | ($2.5M) | ($2.8M) |
| Change in cash overdrafts due to outstanding checks | $400.0K | $1.5M | ($301.0K) | $955.0K |
| Net borrowings (repayments) under line of credit agreements | ($39.4M) | $14.1M | ($22.5M) | ($20.6M) |
| Proceeds from issuance of long-term debt | $199.1M | $99.5M | $627.0M | $49.9M |
| Repayment of long-term debt and finance lease obligation | ($25.5M) | ($18.5M) | ($21.5M) | ($18.0M) |
| Net cash provided by financing activities | $195.9M | $113.5M | $906.6M | ($21.2M) |
| Net (Decrease) Increase in Cash and Cash Equivalents | ($6.1M) | $3.0M | ($1.3M) | $1.2M |
| Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Other Item | $700.0K | ($200.0K) | $170.0K | — |
| Cash and Cash Equivalents — Beginning of Period | $7.9M | $4.9M | $6.2M | $5.0M |
| Cash and Cash Equivalents — End of Period | $1.8M | $7.9M | $4.9M | $6.2M |
| Increase (Decrease) in Interest Payable, Net | $3.9M | ($2.2M) | — | — |
| Proceeds from Issuance or Sale of Equity | $123.0M | $72.6M | — | — |
| Cash Provided by (Used in) Financing Activity, Including Discontinued Operation | $195.9M | — | — | — |
| Cash Provided by (Used in) Investing Activity, Including Discontinued Operation | ($435.7M) | — | — | — |
| Cash Provided by (Used in) Operating Activity, Including Discontinued Operation | $233.7M | — | — | — |
| Cash and Cash Equivalents, Period Increase (Decrease) | ($6.1M) | $3.0M | — | — |
| Cash and cash equivalents | $1.8M | $7.9M | — | — |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $84.7M | $59.3M | $94.2M | $74.8M |
| Depreciation and amortization | $44.4M | $21.5M | $67.7M | $44.4M |
| Depreciation and accretion included in other costs | $8.6M | $4.3M | $11.7M | $8.0M |
| Deferred income taxes | $31.9M | $20.0M | $43.3M | $20.1M |
| Realized gain on commodity contracts and sale of assets | ($600.0K) | $0 | ($2.2M) | ($1.7M) |
| Unrealized gain on investments and commodity contracts | ($1.6M) | $400.0K | ($1.8M) | ($900.0K) |
| Share-based compensation | $4.2M | $3.5M | $6.0M | $4.6M |
| Accounts receivable and accrued revenue | $28.9M | ($11.3M) | $11.2M | $3.6M |
| Propane inventory, storage gas and other inventory | $4.6M | $5.2M | $300.0K | $2.0M |
| Regulatory assets and liabilities, net | $10.5M | $1.4M | ($17.0M) | ($2.3M) |
| Prepaid expenses and other current assets | $4.4M | $1.3M | ($2.7M) | $2.3M |
| Accounts payable and other accrued liabilities | ($8.6M) | $9.4M | $10.4M | ($1.3M) |
| Income taxes receivable | $0 | $5.0M | ($21.9M) | ($4.0M) |
| Customer deposits and refunds | $5.1M | ($3.2M) | ($800.0K) | $2.4M |
| Accrued compensation | ($9.1M) | ($11.5M) | ($12.3M) | ($12.1M) |
| Accrued interest | $100.0K | $8.9M | $12.6M | $100.0K |
| Other assets and liabilities, net | $6.1M | $3.7M | ($400.0K) | ($800.0K) |
| Net cash provided by operating activities | $213.6M | $118.0M | $198.3M | $139.2M |
| Property, plant and equipment expenditures | ($266.9M) | ($141.9M) | ($322.2M) | ($213.9M) |
| Proceeds from sale of assets | $1.7M | $100.0K | $4.0M | $1.2M |
| Environmental expenditures | $300.0K | ($100.0K) | — | — |
| Net cash used in investing activities | ($264.9M) | ($141.7M) | ($318.2M) | ($212.7M) |
| Common stock dividends | ($32.4M) | ($16.2M) | ($44.8M) | ($29.0M) |
| Proceeds from issuance of common stock, net of expenses | $16.8M | $5.2M | $76.1M | $61.2M |
| Tax withholding payments related to net settled stock compensation | ($2.0M) | ($2.0M) | ($1.0M) | ($1.0M) |
| Change in cash overdrafts due to outstanding checks | ($900.0K) | ($400.0K) | $2.4M | $1.9M |
| Net borrowings under line of credit agreements | $81.0M | $42.0M | ($103.5M) | $46.6M |
| Repayment of long-term debt and finance lease obligation | ($12.6M) | ($2.0M) | ($14.5M) | ($12.6M) |
| Net cash provided by financing activities | $49.9M | $26.6M | $113.8M | $67.1M |
| Net Decrease in Cash and Cash Equivalents | ($1.4M) | $2.9M | ($6.1M) | ($6.4M) |
| Cash and Cash Equivalents—Beginning of Period | $1.8M | $1.8M | $7.9M | $7.9M |
| Cash and Cash Equivalents—End of Period | $400.0K | — | — | — |
Chesapeake Utilities Corp score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.