Net income was $1.4 billion. Over the twelve months ended Mar 31, 2024, revenue was $12.0 billion and net income was $476.0 million. Across the 8 fiscal years shown, revenue grew from $10.6 billion in fiscal 2016 to $12.1 billion in fiscal 2023, about 1.8% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2024
Mar 31, 2024
|
FY 2025
Sep 30, 2025
|
FY 2024
Sep 30, 2024
|
FY 2023
Sep 30, 2023
|
FY 2022
Sep 30, 2022
|
FY 2021
Sep 30, 2021
|
FY 2020
Sep 30, 2020
|
FY 2019
Sep 30, 2019
|
FY 2018
Sep 30, 2018
|
FY 2017
Sep 30, 2017
|
FY 2016
Sep 30, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
11,999
-8.0%
|
—
|
—
|
12,054
-3.9%
|
12,540
+19.4%
|
10,503
+2.5%
|
10,249
-9.4%
|
11,318
+0.8%
|
11,233
+4.6%
|
10,739
+1.2%
|
10,616
-3.5%
|
| Operating income |
1,920
-16.3%
|
2,569
+15.3%
|
2,228
+31.5%
|
1,694
-29.7%
|
2,411
-15.3%
|
2,845
+4.9%
|
2,711
-3.6%
|
2,811
+9.5%
|
2,568
-6.0%
|
2,733
+17.5%
|
2,326
+5.0%
|
| Net income |
476
-54.1%
|
1,360
+19.8%
|
1,135
+127.0%
|
500
-54.9%
|
1,108
-26.7%
|
1,512
+11.8%
|
1,352
-4.6%
|
1,417
+26.6%
|
1,119
+63.4%
|
685
-44.4%
|
1,233
+11.0%
|
| Other measures | |||||||||||
| Depreciation and amortization |
1,855
+0.9%
|
1,900
+5.6%
|
1,800
-5.3%
|
1,900
+5.6%
|
1,800
+28.6%
|
1,400
-12.5%
|
1,600
-11.1%
|
1,800
+38.5%
|
1,300
+0.0%
|
1,300
-7.1%
|
1,400
-17.6%
|
| EBITDA |
3,775
-8.7%
|
4,469
+10.9%
|
4,028
+12.1%
|
3,594
-14.7%
|
4,211
-0.8%
|
4,245
-1.5%
|
4,311
-6.5%
|
4,611
+19.2%
|
3,868
-4.1%
|
4,033
+8.2%
|
3,726
-4.8%
|
| Interest coverage |
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
2.07x
|
2.03x
|
2.05x
|
| Margins | |||||||||||
| Operating margin |
16.00%
|
—
|
—
|
14.05%
|
19.23%
|
27.09%
|
26.45%
|
24.84%
|
22.86%
|
25.45%
|
21.91%
|
| Profit margin |
3.97%
|
—
|
—
|
4.15%
|
8.84%
|
14.40%
|
13.19%
|
12.52%
|
9.96%
|
6.38%
|
11.61%
|
| EBITDA margin |
31.46%
|
—
|
—
|
29.82%
|
33.58%
|
40.42%
|
42.06%
|
40.74%
|
34.43%
|
37.55%
|
35.10%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Electric Services (SIC 4911)
- Listed as
- TVE (NYSE), TVC (NYSE)
- Fiscal year ends
- September 30
- Headquarters
- Knoxville, TN
- SEC filer status
- Non-accelerated filer
- SEC CIK
- 1376986
Other Electric Services companies
- Nextera Energy Inc NEE
- Southern Co SO
- Constellation Energy Corp CEG
- American Electric Power Co Inc AEP
- Dominion Energy, Inc D
- Entergy Corp /DE/ ETR
- Vistra Corp. VST
- Fortis Inc. FTS
Source: SEC EDGAR filings. This is company-reported data, not investment advice.