Tennessee Valley Authority
Income Statement
| Line Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.05B | $12.54B | $10.50B | $10.25B | $11.32B | $11.23B | $10.74B | $10.62B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $1.69B | $2.41B | $2.85B | $2.71B | $2.81B | $2.57B | $2.73B | $2.33B |
| Operating Margin | 14.1% | 19.2% | 27.1% | 26.5% | 24.8% | 22.9% | 25.4% | 21.9% |
| Interest Expense | — | — | — | — | — | $1.24B | $1.35B | $1.14B |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $500.0M | $1.11B | $1.51B | $1.35B | $1.42B | $1.12B | $685.0M | $1.23B |
| Net Margin | 4.1% | 8.8% | 14.4% | 13.2% | 12.5% | 10.0% | 6.4% | 11.6% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Shares Outstanding (Diluted) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Per Share | — | — | — | — | — | — | — | — |