CPKCHESAPEAKE UTILITIES CORP
Natural Gas Transmisison & Distribution
- Revenue
- $930M
- 18% YoY
- Operating margin
- 27.5%
- 5.1% YoY
- EBITDA
- $348M
- 18% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 4.2×
- $1.4B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear167% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear24% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear12% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $570M | $681M | $671M | $787M | $930M | 18% |
| Operating income | $131M | $143M | $151M | $228M | $256M | 12% |
| Net income | $83M | $90M | $87M | $119M | $140M | 18% |
| Operating cash flow | $151M | $159M | $204M | $239M | $234M | 2.4% |
| Capex | $187M | $128M | $189M | $355M | $449M | 26% |
| Stock-based comp | $6M | $6M | $8M | $8M | $9M | 1.2% |
| Buybacks | −$16M | −$5M | — | — | — | |
| Dividends | $32M | $35M | $40M | $54M | $61M | 12% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.