Chesapeake Utilities
CPK · Gas Utilities
$134.28
0.1%NW Natural
NWN · Gas Utilities
$49.87
0.1%The short version
- NW Natural is the larger business, with $1.3B of revenue in fiscal 2025 against $930M for Chesapeake Utilities.
- Chesapeake Utilities grew revenue faster (18.1%, against 11.8%).
- Chesapeake Utilities kept more of each dollar of sales as operating profit (27.5% operating margin, against 21.8% operating margin).
- NW Natural turned more of its sales into free cash flow (−15.3% FCF margin, against −23.1% FCF margin).
- Investors pay more for each dollar of Chesapeake Utilities’s earnings: a P/E of 22.5x against 16.5x for NW Natural.
| Latest fiscal year | CPK · FY25 | NWN · FY25 |
|---|---|---|
| Size | ||
| Market cap | $3.2B | $2.1B |
| Revenue | $930M | $1.3B |
| Free cash flow | −$215M | −$198M |
| Net income | $140M | $113M |
| Growth | ||
| Revenue growth | 18.1% | 11.8% |
| 5-year growth | 13.8% | 10.8% |
| Share count change | 4.3% | 5.4% |
| Profitability | ||
| Gross margin | — | — |
| Operating margin | 27.5% | 21.8% |
| Net margin | 15.1% | 8.8% |
| FCF margin | −23.1% | −15.3% |
| Return on capital | 6.1% | 5.7% |
| Return on equity | 9.4% | 7.9% |
| Balance sheet | ||
| Net debt | $1.7B | $2.6B |
| Net debt / EBITDA | 4.8x | 5.8x |
| Dividends and buybacks | $60.7M | $77.3M |
| Valuation & quality | ||
| P/E | 22.5x | 16.5x |
| Piotroski F-score | 5 | 5 |
FY16
CPK $499M
NWN $668M
FY17
CPK $450M
NWN $755M
FY18
CPK $490M
NWN $706M
FY19
CPK $480M
NWN $746M
FY20
CPK $488M
NWN $774M
FY21
CPK $570M
NWN $860M
FY22
CPK $681M
NWN $1.0B
FY23
CPK $671M
NWN $1.2B
FY24
CPK $787M
NWN $1.2B
FY25
CPK $930M
NWN $1.3B
CPK
NWN
FY16
CPK 17.2%
NWN 22.6%
FY17
CPK 20.0%
NWN 20.0%
FY18
CPK 19.3%
NWN 18.7%
FY19
CPK 22.2%
NWN 19.2%
FY20
CPK 23.1%
NWN 19.2%
FY21
CPK 23.0%
NWN 19.0%
FY22
CPK 21.0%
NWN 16.1%
FY23
CPK 22.5%
NWN 15.4%
FY24
CPK 29.0%
NWN 16.6%
FY25
CPK 27.5%
NWN 21.8%
CPK
NWN
FY16
CPK −$65.7M
NWN $83.8M
FY17
CPK −$65.2M
NWN −$6.6M
FY18
CPK −$123M
NWN −$45.9M
FY19
CPK −$81.8M
NWN −$37.5M
FY20
CPK −$6.6M
NWN −$128M
FY21
CPK −$36.4M
NWN −$134M
FY22
CPK $30.6M
NWN −$191M
FY23
CPK $14.9M
NWN −$47.4M
FY24
CPK −$116M
NWN −$194M
FY25
CPK −$215M
NWN −$198M
CPK
NWN
FY16
CPK 7.1%
NWN —
FY17
CPK 8.3%
NWN —
FY18
CPK 6.7%
NWN 5.9%
FY19
CPK 6.5%
NWN 6.7%
FY20
CPK 6.3%
NWN 5.7%
FY21
CPK 6.6%
NWN 5.4%
FY22
CPK 6.5%
NWN 4.9%
FY23
CPK 5.4%
NWN 4.9%
FY24
CPK 6.1%
NWN 4.5%
FY25
CPK 6.1%
NWN 5.7%
CPK
NWN
Add another company
Compare up to four at once.
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.