Chesapeake Utilities Corporation (CPK) Income Statement
CPK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCPK revenue and net income
Where CPK's revenue goes
2025Each bar shows an amount and its share of revenue. CPK kept 15.1% of revenue as net income.
CPK profit margins
CPK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +18.1% | +11.0% | +13.8% | +7.3% |
| Gross profit | −12.2% | +7.4% | +8.8% | +9.4% |
| Operating income | +12.9% | +21.7% | +18.0% | +12.7% |
| Net income | +18.3% | +16.0% | +14.4% | +13.1% |
| EPS (diluted) | +11.7% | +6.0% | +7.5% | +8.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CPK quarterly EPS vs estimates
Chesapeake Utilities beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.96).
CPK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $930.0M | $787.2M | $670.6M | $680.7M | $570.0M | $488.2M | $479.6M | $717.5M | $617.6M | $498.9M |
| Cost of revenue | $635.9M | $452.4M | $415.3M | $443.2M | $352.0M | $295.6M | $308.0M | $563.6M | $478.2M | $368.0M |
| Gross profit | $294.1M | $334.8M | $255.3M | $237.5M | $217.9M | $192.6M | $171.6M | $153.9M | $139.4M | $130.9M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | — | $3.0M | $3.0M | $43.8M | $41.0M | $37.5M | $20.0M | $18.6M | $29.8M | $27.1M |
| Total operating expenses | $36.5M | $106.6M | $104.5M | $94.6M | $86.8M | $79.9M | $65.3M | $59.4M | $53.7M | $46.9M |
| Operating income | $257.6M | $228.2M | $150.8M | $142.9M | $131.1M | $112.7M | $106.3M | $94.6M | $85.8M | $84.1M |
| Interest income | $72.5M | $68.4M | $37.0M | $24.4M | $20.1M | $21.8M | $20.6M | $15.7M | $12.6M | $10.6M |
| Interest expense | $72.8M | $68.4M | $37.0M | $24.4M | $20.1M | $21.8M | $22.2M | $16.1M | $12.6M | $10.6M |
| Income before taxes | $193.0M | $161.8M | $115.3M | $123.6M | $112.7M | $94.2M | $82.2M | $77.6M | $72.4M | $73.0M |
| Income taxes | $52.7M | $43.2M | $28.1M | $33.8M | $29.2M | $23.5M | $21.1M | $21.0M | $14.3M | $28.3M |
| Net income | $140.3M | $118.6M | $87.2M | $89.8M | $83.5M | $71.5M | $65.2M | $56.6M | $58.1M | $44.7M |
| EBITDA | $373.4M | $311.7M | $229.6M | $227.9M | $205.7M | $183.7M | $159.1M | $143.6M | $129.8M | $125.3M |
| EPS (diluted) | $6.02 | $5.39 | $5.20 | $5.05 | $4.73 | $4.20 | $3.56 | $3.56 | $2.89 | $2.87 |
| Gross margin | 31.6% | 42.5% | 38.1% | 34.9% | 38.2% | 39.5% | 35.8% | 21.5% | 22.6% | 26.2% |
| Operating margin | 27.7% | 29.0% | 22.5% | 21.0% | 23.0% | 23.1% | 22.2% | 13.2% | 13.9% | 16.9% |
| Net margin | 15.1% | 15.1% | 13.0% | 13.2% | 14.6% | 14.6% | 13.6% | 7.9% | 9.4% | 9.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $201.9M | $353.2M | $258.9M | $179.6M | $192.8M | $298.7M | $215.0M | $160.1M | $166.3M | $245.7M | $185.3M | $131.5M |
| Cost of revenue | $51.7M | $243.8M | $152.0M | $102.1M | $110.9M | $179.7M | $123.4M | $92.8M | $97.6M | $138.7M | $110.2M | $83.4M |
| Gross profit | $150.2M | $109.4M | $106.9M | $77.5M | $81.9M | $119.0M | $91.6M | $67.4M | $68.7M | $107.0M | $75.1M | $48.1M |
| Sales, general & admin | — | — | — | — | — | — | $782,000 | $744,000 | — | — | — | $750,000 |
| Total operating expenses | $97.3M | $10.0M | $32.9M | $32.5M | $31.6M | $32.2M | $24.7M | $26.4M | $27.9M | $27.4M | $27.8M | $27.9M |
| Operating income | $52.9M | $99.4M | $74.0M | $45.0M | $50.3M | $86.8M | $66.9M | $40.9M | $40.8M | $79.6M | $47.3M | $20.2M |
| Interest income | — | — | $18.4M | $18.2M | $17.8M | $18.1M | $17.5M | $17.0M | — | — | — | $7.1M |
| Interest expense | $18.4M | $18.7M | $18.4M | $18.2M | $17.9M | $18.1M | $17.5M | $17.0M | $16.8M | $17.0M | $15.7M | $7.1M |
| Income before taxes | $35.0M | $80.7M | $63.8M | $27.0M | $32.9M | $69.3M | $49.7M | $24.3M | $25.0M | $62.8M | $32.0M | $13.1M |
| Income taxes | $9.6M | $21.4M | $17.7M | $7.6M | $9.0M | $18.4M | $13.0M | $6.8M | $6.8M | $16.6M | $6.7M | $3.7M |
| Net income | $25.4M | $59.3M | $46.1M | $19.4M | $23.9M | $50.9M | $36.7M | $17.5M | $18.2M | $46.2M | $25.3M | $9.4M |
| EBITDA | $80.6M | $125.2M | $110.4M | $72.2M | $76.6M | $113.9M | $85.4M | $61.6M | $63.9M | $100.8M | $64.5M | $40.6M |
| EPS (diluted) | $1.05 | $2.47 | $1.94 | $0.82 | $1.04 | $2.22 | $1.63 | $0.80 | $0.86 | $2.10 | $1.64 | $0.69 |
| Gross margin | 74.4% | 31.0% | 41.3% | 43.2% | 42.5% | 39.8% | 42.6% | 42.1% | 41.3% | 43.5% | 40.5% | 36.6% |
| Operating margin | 26.2% | 28.1% | 28.6% | 25.1% | 26.1% | 29.1% | 31.1% | 25.6% | 24.5% | 32.4% | 25.5% | 15.4% |
| Net margin | 12.6% | 16.8% | 17.8% | 10.8% | 12.4% | 17.0% | 17.0% | 10.9% | 10.9% | 18.8% | 13.7% | 7.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CPK's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CPK financial results
In fiscal year 2025 (ended December 31, 2025), Chesapeake Utilities reported revenue of $930.0 million, up 18.1% from the year before. It had net income of $140.3 million (up 18.3%), a net profit margin of 15.1%. Diluted earnings per share came to $6.02. Over five years revenue grew at an average rate of 13.8% a year.
See the CPK stock overview for the latest quote and news, or the CPK chart for price history and technical indicators.
CPK income statement FAQ
What is Chesapeake Utilities's annual revenue?
Chesapeake Utilities reported total revenue of $930.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 18.1% from $787.2 million the previous year.
Is Chesapeake Utilities profitable?
Yes. Chesapeake Utilities reported net income of $140.3 million in fiscal 2025, a net profit margin of 15.1%; its operating margin was 27.7%.
What is Chesapeake Utilities's gross margin?
Chesapeake Utilities's gross margin was 31.6% in fiscal 2025: for every $100 of revenue, Chesapeake Utilities kept $32 after the direct cost of its products and services.
How fast is Chesapeake Utilities growing?
Revenue grew 13.8% a year on average over the last five fiscal years, from $488.2 million to $930.0 million.
What are Chesapeake Utilities's earnings per share?
Chesapeake Utilities earned $6.02 per diluted share in fiscal 2025, compared with $5.39 a year earlier.
When will Chesapeake Utilities report its next earnings?
Chesapeake Utilities is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does Chesapeake Utilities's fiscal year end?
Chesapeake Utilities's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.