Q4 2022 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$1.0B+32.3% YoY

Gross Profit

$200M19.6% margin

Operating Income

$93M9.1% margin

Net Income

$57M5.6% margin

EPS (Diluted)

$0.52

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$241M

Free Cash Flow

$134M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$16.7B

Total Liabilities

$14.4B

Stockholders' Equity

$2.2B

Cash & Equivalents

$205M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$770M	+32.3%
Gross Profit	$200M	$89M	+124.7%
Operating Income	$93M	$89M	+4.7%
Net Income	$57M	$55M	+4.3%

Revenue Segments

Electric Energy Sales, Large Light And Power

$335M33%

Electric Energy Sales, Commercial

$293M29%

Electric Energy Sales, Residential

$288M28%

Bank Interest And Dividend Income

$75M7%

Bank Fees

$12M1%

Product and Service, Other

$8M1%

Electric Energy Sales, Other

$5M1%

Other Sales

$5M0%

Other Bank Noninterest Income

$3M0%