Q2 2021 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$680M+11.7% YoY

Gross Profit

$102M15.0% margin

Operating Income

$102M15.0% margin

Net Income

$64M9.5% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$76M

Free Cash Flow

$2M

Stock-Based Comp.

Balance Sheet

Total Assets

$15.6B

Total Liabilities

$13.2B

Stockholders' Equity

$2.4B

Cash & Equivalents

$258M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$680M	$609M	+11.7%
Gross Profit	$102M	$72M	+42.3%
Operating Income	$102M	$72M	+42.3%
Net Income	$64M	$49M	+30.4%

Revenue Segments

Electric Energy Sales, Large Light And Power

$202M30%

Electric Energy Sales, Residential

$196M29%

Electric Energy Sales, Commercial

$192M28%

Bank Interest And Dividend Income

$62M9%

Bank Fees

$12M2%

Product and Service, Other

$7M1%

Other Bank Noninterest Income

$4M1%

Regulatory Revenue

$3M0%

Electric Energy Sales, Other

$2M0%

Other Sales

$1M0%