Portland General Electric Company
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.58B | $3.44B | $2.92B | $2.65B | $2.40B | $2.15B | $2.12B | $1.99B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $392.0M | $403.0M | $341.0M | $340.0M | $336.0M | $283.0M | $290.0M | $271.0M |
| Operating Income | $555.0M | $512.0M | $396.0M | $397.0M | $378.0M | $269.0M | $353.0M | $346.0M |
| Operating Margin | 15.5% | 14.9% | 13.5% | 15.0% | 15.8% | 12.5% | 16.6% | 17.4% |
| Interest Expense | $232.0M | $211.0M | $173.0M | $156.0M | $137.0M | $136.0M | $128.0M | $124.0M |
| Pretax Income | $359.0M | $350.0M | $273.0M | $272.0M | $267.0M | $155.0M | $241.0M | $229.0M |
| Income Tax Expense | $53.0M | $37.0M | $45.0M | $39.0M | $23.0M | $0 | $27.0M | $17.0M |
| Net Income | $306.0M | $313.0M | $228.0M | $233.0M | $244.0M | $155.0M | $214.0M | $212.0M |
| Net Margin | 8.6% | 9.1% | 7.8% | 8.8% | 10.2% | 7.2% | 10.1% | 10.6% |
| EPS (Basic) | $2.77 | $3.02 | $2.33 | $2.61 | $2.72 | $1.73 | $2.39 | $2.38 |
| EPS (Diluted) | $2.77 | $3.01 | $2.33 | $2.60 | $2.72 | $1.72 | $2.39 | $2.37 |
| Shares Outstanding (Basic) | 110.5M | 103.9M | 97.8M | 89.3M | 89.5M | 89.5M | 89.4M | 89.2M |
| Shares Outstanding (Diluted) | 110.7M | 104.2M | 98.0M | 89.6M | 89.6M | 89.6M | 89.6M | 89.3M |
| Dividends Per Share | $2.08 | $1.98 | $1.88 | $1.79 | $1.70 | $1.59 | $1.52 | $1.43 |