Q3 2021 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$757M+18.0% YoY

Gross Profit

$97M12.9% margin

Operating Income

$97M12.9% margin

Net Income

$64M8.4% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+11.3%

Cash Flow

Operating Cash Flow

$150M

Free Cash Flow

$79M

Stock-Based Comp.

Balance Sheet

Total Assets

$15.8B

Total Liabilities

$13.3B

Stockholders' Equity

$2.4B

Cash & Equivalents

$237M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$757M	$641M	+18.0%
Gross Profit	$97M	$100M	-2.3%
Operating Income	$97M	$100M	-2.3%
Net Income	$64M	$66M	-2.5%

Revenue Segments

Electric Energy Sales, Large Light And Power

$229M30%

Electric Energy Sales, Residential

$229M30%

Electric Energy Sales, Commercial

$217M29%

Bank Interest And Dividend Income

$61M8%

Bank Fees

$11M1%

Product and Service, Other

$7M1%

Other Bank Noninterest Income

$4M0%

Electric Energy Sales, Other

$3M0%

Other Sales

$1M0%

Regulatory Revenue

-$6M-1%