Diversified utility holding company providing regulated natural gas and electric service plus propane and energy services.
Diversified utility holding company providing regulated natural gas and electric service plus propane and energy services.
The regulated gas and electric arms earn an allowed return on the approved asset base, reset in rate cases with state regulators, so investing in pipes and wires is what grows profit. The propane and energy-services units are not regulated and are priced at market, bringing swings with weather and commodity prices.
Moat: narrow (regulatory licence, scale). Regulated utility franchises provide stable returns; the propane/unregulated segment is more competitive.
Headquarters: Dover, Delaware, US · Founded: 1859 · Employees: 1,300
Size Chesapeake Utilities (CPK) is a United States Utilities company (Gas Distributors) with a market value of $3.38B, the 1463rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $140.28 on 6 Nov 2026.
Performance Over six months the shares gained 11.0%, against -4.7% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 14.6% over the last twelve months (peer median +1.7%); the operating margin is 27.3% (peer median 15.0%).
Valuation It trades at 20.4× forward earnings against a peer median of 16.6× (5th most expensive of 21).
Capital Return on invested capital runs 0.8 points below its cost of capital (7.1% WACC).
Short interest Short interest is 3.9% of the free float (15 Oct 2026).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $994M | $930M | $788M | $669M | $681M |
| Revenue growth | — | +18% | +18% | -2% | — |
| Gross profit | $309M | $294M | $271M | $190M | $165M |
| EBITDA | $380M | $365M | $315M | $239M | $219M |
| Net income | $150M | $140M | $119M | $87.2M | $89.8M |
| Free cash flow | -$194M | -$215M | -$116M | $14.9M | $30.6M |
| Capital expenditure | $502M | $449M | $355M | $189M | $128M |
| Total debt | $1.69B | $1.63B | $1.49B | $1.40B | $817M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Chesapeake Utilities CPK | $3.38B | +11% | +15% | 27% | 20.4× | n/a |
| Spire SR | $5.25B | +4% | +4% | 20% | 17.9× | n/a |
| New Jersey Resources NJR | $5.51B | -2% | +7% | 24% | 16.6× | n/a |
| Unitil UTL | $1.05B | +11% | +21% | 19% | 16.2× | n/a |
| ONE Gas OGS | $5.09B | -5% | -2% | 21% | 16.6× | n/a |
| Northwest Natural NWN | $2.18B | +3% | +4% | 36% | 16.6× | n/a |
| UGI UGI | $7.94B | +15% | 0% | 14% | 10.6× | 6.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CPK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +9.5% | +0.6% | 4th highest of 21 |
| 6-month return | +11.0% | -4.7% | 2nd highest of 21 |
| Distance from 52-week high | -3.6% | -17.8% | 3rd highest of 21 |
| Revenue growth (TTM) | +14.6% | +1.7% | 3rd highest of 21 |
| Operating margin | 27.3% | 15.0% | 4th highest of 21 |
| Forward P/E | 20.4× | 16.6× | 5th most expensive of 21 |
| ROIC minus cost of capital | -0.8 pp | -1.2 pp | 9th highest of 21 |
| EV / EBITDA | 13.4× | 10.9× | 5th most expensive of 17 |
| Net debt / EBITDA | 4.5× | 5.0× | 8th least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Chesapeake Utilities CPK | United States | $3.38B | +11% | +15% | 27% | 20.4× | n/a | n/a |
| China Suntien Green Energy 0956.HK | Hong Kong | $3.37B | -15% | -8% | 13% | 6.6× | n/a | n/a |
| China Gas 0384.HK | Hong Kong | $3.52B | -31% | -7% | 8% | 9.9× | 3.8% | +1.0% |
| Transportadora de Gas del Sur SA Sponsored ADR Class B RegS TGS | United States | $3.80B | -27% | +11% | 44% | 8.2× | -14.6% | +11.8% |
| MDU Resources MDU | United States | $3.92B | -17% | -30% | 17% | 18.9× | n/a | n/a |
| TOHO GAS 9533.T | Japan | $2.83B | +3% | -2% | 1% | 21.3× | 24.6% | +8.4% |
| Shenzhen Gas 601139.SS | China | $2.79B | -7% | -1% | 7% | 10.7× | -9.2% | +14.7% |
| Excelerate Energy EE | United States | $4.17B | +9% | +49% | 22% | 18.6× | 18.1% | +23.3% |
| China Resources Gas 1193.HK | Hong Kong | $4.77B | -13% | +1% | 6% | 10.7× | 1.8% | +11.8% |
| Keppel Infrastructure Trust A7RU.SI | Singapore | $2.34B | -8% | +4% | 10% | 23.5× | 8.7% | +8.7% |
| Brookfield Infrastructure BIPC.TO | Canada | $4.91B | +5% | +6% | 60% | 22.0× | n/a | n/a |
| Beijing Enterprises 0392.HK | Hong Kong | $4.93B | -3% | +5% | 4% | 6.3× | 7.7% | +6.7% |
| Kogas 036460.KS | South Korea | $2.31B | -7% | -10% | 7% | 2.9× | -1.5% | +11.4% |
| Foran Energy 002911.SZ | China | $2.27B | -5% | -10% | 4% | 12.3× | -6.9% | +34.8% |
| ONE Gas OGS | United States | $5.09B | -5% | -2% | 21% | 16.6× | n/a | n/a |
| Enagas ENG.MC | Spain | $5.22B | +7% | -2% | 21% | 19.4× | 15.0% | -2.2% |
| Northwest Natural NWN | United States | $2.18B | +3% | +4% | 36% | 16.6× | n/a | n/a |
| Spire SR | United States | $5.25B | +4% | +4% | 20% | 17.9× | n/a | n/a |
| New Jersey Resources NJR | United States | $5.51B | -2% | +7% | 24% | 16.6× | n/a | n/a |
| Centuri CTRI | United States | $2.06B | -41% | +25% | 3% | 27.4× | n/a | n/a |
| Black Hills BKH | United States | $6.47B | +13% | +3% | 24% | 18.2× | n/a | n/a |