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.
| FY08 | FY09 | FY10 | FY11 | FY12 | |
|---|---|---|---|---|---|
| Revenue | $18.9B | $17.3B | $18.6B | $19.1B | $23.5B |
| YoY | — | -8.2% | +7.7% | +2.2% | +23.2% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $5.3B | $4.8B | $4.7B | $4.5B | $2.4B |
| YoY | — | -10.4% | -0.5% | -5.2% | -47.0% |
| Pretax income | — | $4.4B | $4.2B | $4.0B | $1.8B |
| YoY | — | — | -4.5% | -6.3% | -54.6% |
| Income tax | $1.3B | $1.7B | $1.7B | $1.5B | $627.0M |
| YoY | — | +30.0% | -3.2% | -12.1% | -57.0% |
| Net income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| EPS — basic | — | — | — | — | — |
| YoY | — | — | — | — | — |
| EPS — diluted | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Weighted shares — basic | 658.0M | 659.0M | 661.0M | 663.0M | 816.0M |
| Weighted shares — diluted | 662.0M | 662.0M | 663.0M | 665.0M | 819.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY08 | FY09 | FY10 | FY11 | FY12 | |
|---|---|---|---|---|---|
| Cash & equivalents | $1.3B | $2.0B | $1.6B | $1.0B | $1.5B |
| YoY | — | +58.1% | -19.8% | -37.0% | +46.3% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $1.9B | $1.6B | $1.9B | $1.6B | $2.8B |
| YoY | — | -18.9% | +23.6% | -16.5% | +73.3% |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $5.4B | $5.4B | $6.4B | $5.7B | $10.1B |
| YoY | — | +1.4% | +17.6% | -10.7% | +77.5% |
| Total assets | $47.8B | $49.2B | $52.2B | $55.0B | $78.6B |
| YoY | — | +2.9% | +6.2% | +5.3% | +42.9% |
| Total current liabilities | $4.1B | $4.2B | $4.2B | $5.1B | $7.8B |
| YoY | — | +3.9% | +0.0% | +21.1% | +51.8% |
| Total liabilities | $36.7B | $36.5B | $38.6B | $40.5B | $56.7B |
| YoY | — | -0.6% | +5.9% | +5.0% | +40.0% |
| Total equity | $11.0B | $12.6B | $13.6B | $14.4B | $21.4B |
| YoY | — | +14.4% | +7.3% | +6.1% | +49.0% |
| Shares outstanding | 658.0M | 659.8M | 661.8M | 663.4M | 854.8M |
| YoY | — | +0.3% | +0.3% | +0.2% | +28.9% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY08 | FY09 | FY10 | FY11 | FY12 | |
|---|---|---|---|---|---|
| Operating cash flow | $6.6B | $6.1B | $5.2B | $4.9B | $6.1B |
| YoY | — | -7.0% | -13.9% | -7.5% | +26.3% |
| Capital expenditures | $3.1B | $3.3B | $3.3B | $4.0B | $5.8B |
| YoY | — | +5.0% | +1.6% | +21.5% | +43.2% |
| Free cash flow | $3.4B | $2.8B | $1.9B | $811.0M | $342.0M |
| YoY | — | -17.9% | -32.0% | -57.7% | -57.8% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| YoY | — | — | — | — | — |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY08 | FY09 | FY10 | FY11 | FY12 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 28.1% | 27.4% | 25.3% | 23.5% | 10.1% |
| Net margin | — | — | — | — | — |
| Free cash flow margin | 18.2% | 16.3% | 10.3% | 4.3% | 1.5% |
| Effective tax rate | — | 38.7% | 39.3% | 36.8% | 34.9% |
| Current ratio | 1.32x | 1.28x | 1.51x | 1.11x | 1.30x |
| Total liabilities / equity | 3.32x | 2.88x | 2.85x | 2.82x | 2.65x |
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 |
|---|---|---|---|---|---|---|
| EXC FY12 · this stock | $23.5B | +23.2% | — | 10.1% | — | 1.5% |
| SO FY25 | $29.6B | +10.6% | — | 24.7% | — | -9.9% |
| CEG FY25 | $25.5B | +8.3% | — | 12.1% | 9.1% | 5.0% |
| 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% | — |
| PCG FY09 | $13.4B | -8.4% | — | 17.2% | — | -6.9% |
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.