Revenue vs Net income
Reported dollars from 10-Q / 10-K filings. Q4 bars are derived (annual less nine months) where the 10-K does not tag Q4 separately.
Margin trend
Gross, operating and net margin. Margins are derived from reported dollars.
Revenue YoY growth
Year-over-year change vs the same quarter (or fiscal year) a year earlier. Shown where the prior-year period is in the 8-quarter snapshot (latest four quarters).
Income statement
From 10-Q / 10-K XBRL. Values in reported dollars; EPS in $/share; share counts in shares.
| FY19 | FY20 | FY21 | FY22 | FY23 | |
|---|---|---|---|---|---|
| Revenue | — | — | — | $13.8B | $12.1B |
| YoY | — | — | — | — | -11.7% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $1.4B | $1.8B | $1.8B | $2.1B | $2.6B |
| YoY | — | +27.2% | +4.3% | +11.1% | +27.7% |
| Pretax income | $1.1B | $1.3B | $1.3B | $1.1B | $1.7B |
| YoY | — | +18.1% | +1.9% | -19.2% | +58.0% |
| Income tax | $-169.8M | $-121.5M | $191.4M | $-39.0M | $-690.5M |
| YoY | — | +28.4% | +257.5% | -120.4% | -1670.5% |
| Net income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| EPS — basic | $6.36 | $6.94 | $5.57 | $2.70 | $5.57 |
| YoY | — | +9.1% | -19.7% | -51.5% | +106.3% |
| EPS — diluted | $6.30 | $6.90 | $5.54 | $2.68 | $5.55 |
| YoY | — | +9.5% | -19.7% | -51.6% | +107.1% |
| Weighted shares — basic | 195.2M | 200.1M | 200.9M | 408.9M | 423.1M |
| Weighted shares — diluted | 197.0M | 201.1M | 201.9M | 411.1M | 424.8M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY19 | FY20 | FY21 | FY22 | FY23 | |
|---|---|---|---|---|---|
| Cash & equivalents | $425.7M | $1.8B | $442.6M | $224.2M | $132.5M |
| YoY | — | +313.2% | -74.8% | -49.3% | -40.9% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $3.0B | $4.6B | $3.6B | $4.1B | $3.7B |
| YoY | — | +49.7% | -20.5% | +13.0% | -10.6% |
| Total assets | $51.7B | $58.2B | $59.5B | $58.6B | $59.7B |
| YoY | — | +12.6% | +2.1% | -1.4% | +1.9% |
| Total current liabilities | $5.6B | $7.1B | $6.2B | $6.4B | $6.4B |
| YoY | — | +25.6% | -12.3% | +2.9% | +0.4% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $10.2B | $10.9B | $11.6B | $13.0B | $14.6B |
| YoY | — | +6.9% | +6.5% | +11.4% | +12.8% |
| Shares outstanding | — | — | — | — | — |
| YoY | — | — | — | — | — |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY19 | FY20 | FY21 | FY22 | FY23 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.8B | $2.7B | $2.3B | $2.6B | $4.3B |
| YoY | — | -4.5% | -14.5% | +12.4% | +66.1% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| YoY | — | — | — | — | — |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY19 | FY20 | FY21 | FY22 | FY23 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | — | — | — | 14.9% | 21.6% |
| Net margin | — | — | — | — | — |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | -15.6% | -9.5% | 14.6% | -3.7% | -41.3% |
| Current ratio | 0.54x | 0.65x | 0.59x | 0.64x | 0.57x |
| Total liabilities / equity | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Utilities), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| ETR FY23 · this stock | $12.1B | -11.7% | — | 21.6% | — | — |
| SO FY25 | $29.6B | +10.6% | — | 24.7% | — | -9.9% |
| CEG FY25 | $25.5B | +8.3% | — | 12.1% | 9.1% | 5.0% |
| EXC FY12 | $23.5B | +23.2% | — | 10.1% | — | 1.5% |
| EIX FY25 | $19.3B | +9.8% | — | 36.7% | 23.1% | -3.7% |
| VST FY25 | $17.7B | +3.0% | — | 10.7% | 5.3% | 7.4% |
| ED FY25 | $16.9B | +10.9% | — | 17.3% | 12.0% | — |
| D FY25 | $16.5B | +14.2% | — | 26.7% | 18.2% | — |
| FE FY25 | $15.1B | +12.0% | — | 14.6% | 6.8% | — |
| AEP FY13 | $14.8B | -0.9% | — | 19.1% | — | — |
| SRE FY25 | $13.7B | +3.9% | — | — | 13.4% | — |
Source: SEC EDGAR XBRL company facts (10-Q / 10-K), snapshot generated 2026-11-03 for 218 tickers. Q4 values are derived as the 10-K annual less the first nine months, since Q4 is not separately tagged in company facts; cash-flow quarterly values are derived from year-to-date filings the same way. Free cash flow = operating cash flow − capital expenditures. Blank cells mean the filing does not report that line item under a standard US-GAAP tag — nothing is estimated or filled in. Descriptive research, not investment advice. How EarnIQ builds fundamentals.