Unitil Corporation (UTL)

Unitil Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	47.1	47.1	45.2	41.4	36.1	32.2
Depreciation & Amortization	83.5	76.1	67.4	62.6	59.5	54.5
Change in Accounts Receivable	11.6	-14	8.2	-18.5	-15.2	-7.8
Change in Accounts Payable	-1.2	2	-20.9	16.2	19.2	-4.4
Change in Other Net Operating Assets	-8	10.4	8.1	-3.7	2.2	-3.1
Other Operating Activities	10.7	4.3	-1	-0.3	6	4.3
Operating Cash Flow	143.7	125.9	107	97.7	107.8	75.7
Operating Cash Flow Growth	18.66%	17.66%	9.52%	-9.37%	42.40%	-27.84%
Capital Expenditures	-185.8	-169.9	-141	-122.1	-115	-122.6
Investing Cash Flow	-257.2	-169.9	-141	-122.1	-115	-122.6
Short-Term Debt Issued	-	-	46	51.9	9.4	-
Long-Term Debt Issued	-	135	25.3	-	-	99.7
Total Debt Issued	200.6	135	71.3	51.9	9.4	99.7
Short-Term Debt Repaid	-	-56.2	-	-	-	-3.9
Long-Term Debt Repaid	-	-4.9	-6.9	-10.5	-25.9	-24.9
Total Debt Repaid	-57	-61.1	-6.9	-10.5	-25.9	-28.8
Net Debt Issued (Repaid)	143.6	73.9	64.4	41.4	-16.5	70.9
Issuance of Common Stock	2.5	1.1	1.1	1	45.5	1.1
Common Dividends Paid	-28.4	-27.5	-26.2	-25.1	-23.6	-22.6
Other Financing Activities	1.5	-3.7	-7.8	9.6	2.3	-1.7
Financing Cash Flow	119.2	43.8	31.5	26.9	7.7	47.7
Net Cash Flow	5.7	-0.2	-2.5	2.5	0.5	0.8
Free Cash Flow	-42.1	-44	-34	-24.4	-7.2	-46.9
Free Cash Flow Margin	-8.53%	-8.89%	-6.10%	-4.33%	-1.52%	-11.20%
Free Cash Flow Per Share	-2.61	-2.73	-2.12	-1.52	-0.47	-3.14
Cash Interest Paid	34.3	31.2	30.9	26	26	23.7
Cash Income Tax Paid	3	2.5	-	1.2	1.4	0.9
Levered Free Cash Flow	-63.79	-61.35	-50.4	-20.91	-14.67	-55.52
Unlevered Free Cash Flow	-38.79	-37.78	-28.59	-3.22	2.33	-39.02
Change in Working Capital	2.4	-1.6	-4.6	-6	6.2	-15.3

Updated May 6, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q