TENNESSEE VALLEY AUTHORITY

TVE ·Utilities, Utilities - Regulated Electric, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $10.74B $10.62B $11.00B $11.14B $10.96B $11.22B $11.84B $10.87B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $2.73B $2.33B $2.22B $1.59B $1.45B $1.30B $1.44B $2.24B
Operating Margin 25.4% 21.9% 20.1% 14.3% 13.3% 11.6% 12.1% 20.6%
Interest Expense $1.35B $1.14B $1.13B $1.17B $1.23B $1.27B $1.31B $1.29B
Pretax Income
Income Tax Expense
Net Income $685.0M $1.23B $1.11B $469.0M $271.0M $60.0M $162.0M $972.0M
Net Margin 6.4% 11.6% 10.1% 4.2% 2.5% 0.5% 1.4% 8.9%
EPS (Basic)
EPS (Diluted)
Shares Outstanding (Basic) 0 0 0 0 0 0 0
Shares Outstanding (Diluted) 0 0 0 0 0 0 0
Dividends Per Share
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