CPK
Chesapeake Utilities Corporation
CPK's fundamentals are mixed: revenue grew 14%, but free cash flow was negative. At 22x earnings, it's trading in line with its usual 25x. Analysts expect earnings growth.
CPK Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Weak | |
| Weak |
CPK's profitability is currently strong, and its revenue is stable, but its cash flow and balance sheet are weak.
CPK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 20x | $140 | — |
| Cheap | 22x | $137 | -2.3% |
| Current | 22x | $140 | — |
| Fair | 25x | $155 | +11% |
| Expensive | 27x | $172 | +23% |
Historical ranges are pointers, not guarantees.
CPK's PE is in its cheap range at 22x. If earnings grow as analysts expect, today's price would be 20x next year's earnings.
CPK Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Weakening | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for CPK, but weaker profitability.
CPK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.07 | +12% |
| Q3 2026 | $6.33 | +12% |
| Q2 2026 | $6.26 | +12% |
| Q1 2026 | $6.23 | +15% |
| Q4 2025 | $5.97 | +13% |
| Q3 2025 | $5.64 | +14% |
| Q2 2025 | $5.60 | +20% |
| Q1 2025 | $5.40 | +13% |
| Q4 2024 | $5.26 | +11% |
CPK's earnings per share have climbed steadily: $6.33 over the past year, up 12% from the year before, and higher year over year for eight quarters in a row.
CPK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $195.8M | +9% |
| Q2 2026 | $201.9M | +4.7% |
| Q1 2026 | $353.1M | +18% |
| Q4 2025 | $258.9M | +20% |
| Q3 2025 | $179.6M | +12% |
| Q2 2025 | $192.8M | +16% |
| Q1 2025 | $298.7M | +22% |
| Q4 2024 | $215M | +16% |
CPK's revenue has grown year over year for 11 quarters in a row: $196M last quarter, up 9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | -0.2 points |
| Q2 2026 | 26% | +0.1 points |
| Q1 2026 | 28% | -0.9 points |
| Q4 2025 | 29% | -2.6 points |
| Q3 2025 | 25% | -0.5 points |
| Q2 2025 | 26% | +1.6 points |
| Q1 2025 | 29% | -3.3 points |
| Q4 2024 | 31% | +5.6 points |
CPK's operating margin was 25% last quarter, about level with the same quarter a year ago.
CPK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$64.3M | -$600K |
| Q2 2026 | -$29.4M | +$16.3M |
| Q1 2026 | -$23.9M | +$4.9M |
| Q4 2025 | -$91M | -$17M |
| Q3 2025 | -$63.7M | -$12.4M |
| Q2 2025 | -$45.7M | -$33.3M |
| Q1 2025 | -$28.8M | -232% |
| Q4 2024 | -$74M | -$43.2M |
CPK has burned cash in most quarters: −$209M over the past year, against −$212M the year before.
CPK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +126K shares |
| 1 year | +2.8% | +671K shares |
| 3 years | +36% | +6.4M shares |
| 5 years | +38% | +6.6M shares |
| Available history | +48% | +7.8M shares |
CPK has 24M diluted shares, up 2.8% from a year ago.
CPK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.8x | High |
| Q2 2026 | 4.7x | High |
| Q1 2026 | 4.6x | High |
| Q4 2025 | 4.7x | High |
| Q3 2025 | 4.7x | High |
| Q2 2025 | 4.7x | High |
| Q1 2025 | 4.9x | High |
| Q4 2024 | 5.0x | High |
CPK's net debt is about 4.8 years of its operating earnings (EBITDA), about the same as a year ago.
CPK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.1 | Neutral |
| Stochastic | 74.4 | Neutral |
CPK's weekly RSI is 65 (neutral) and its Stochastic is 74 (neutral).
CPK PE vs Utilities Sector
| Metric | CPK | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 20x | 8.5% above |
| PE % | 23 | 44 | 21 pts below |
CPK is trading at 22x earnings, in line with the Utilities sector's median of 20x.
CPK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $133.4 | 5.1% above |
| 20 week MA | $132.6 | 5.7% above |
| 50 week MA | $129.4 | 8.3% above |
| 100 week MA | $127.9 | 9.6% above |
| 200 week MA | $120.8 | 16% above |
CPK is in an uptrend: it's above all five of its weekly moving averages, and 16% above its 200-week average.
CPK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $95.1 | $107.1 | +13% |
| 2021 | $107.1 | $141.7 | +32% |
| 2022 | $141.7 | $119.5 | -16% |
| 2023 | $119.5 | $105.6 | -12% |
| 2024 | $105.6 | $120.8 | +14% |
| 2025 | $120.8 | $125.9 | +4.2% |
| 2026 YTD | $125.9 | $140.2 | +11% |
CPK has finished higher in four of the last six years. It's up 11% so far in 2026.