ETR:PSE Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	12,168	10,290	11,237	9,800	9,722
Revenue Growth (YoY)	18.25%	-8.43%	14.66%	0.80%	1.24%
Fuel & Purchased Power	4,159	3,393	3,260	4,018	3,499
Operations & Maintenance	3,729	3,322	3,139	3,149	3,185
Depreciation & Amortization	1,257	1,182	1,135	1,100	1,216
Other Operating Expenses	-22	-33	236	-347	-300
Total Operating Expenses	9,123	7,864	7,770	7,920	7,600
Operating Income	3,045	2,426	3,467	1,880	2,122
Interest Expense	-1,005	-882	-748	-628	-571
Interest Income	122	113	121	93	79
Net Interest Expense	-883	-769	-627	-535	-492
Income (Loss) on Equity Investments	-	-	-	14	16
Allowance for Equity Funds for Construction	44	41	60	-	-
Allowance for Borrowed Funds for Construction	-	-	-	65	71
Other Non-Operating Income (Expenses)	-21	-	-8	-34	-52
EBT Excluding Unusual Items	2,185	1,698	2,892	1,390	1,665
Gain (Loss) on Sale of Investments	189	127	189	-265	194
Gain (Loss) on Sale of Assets	-	-	-	-123	-2,637
Other Unusual Items	-	-	-	-	-311
Pretax Income	2,374	1,825	3,081	1,002	-1,089
Income Tax Expense	263	53	518	-29	-441
Net Income	2,111	1,772	2,563	1,031	-648
Net Income to Common	2,111	1,772	2,563	1,031	-648
Net Income Growth	19.13%	-30.86%	148.59%	-	-
Shares Outstanding (Basic)	499	498	498	498	504
Shares Outstanding (Diluted)	501	500	500	501	504
Shares Change (YoY)	0.20%	-	-0.20%	-0.60%	-0.59%
EPS (Basic)	4.23	3.56	5.15	2.07	-1.29
EPS (Diluted)	4.22	3.54	5.13	2.06	-1.29
EPS Growth	19.21%	-30.99%	149.03%	-	-
Free Cash Flow	26	-1,247	481	-1,385	-983
Free Cash Flow Per Share	0.05	-2.49	0.96	-2.76	-1.95
Dividend Per Share	2.520	2.400	2.280	2.160	2.040
Dividend Growth	5.00%	5.26%	5.56%	5.88%	4.08%
Profit Margin	17.35%	17.22%	22.81%	10.52%	-6.67%
Free Cash Flow Margin	0.21%	-12.12%	4.28%	-14.13%	-10.11%
EBITDA	4,504	3,799	4,791	3,163	3,525
EBITDA Margin	37.02%	36.92%	42.64%	32.28%	36.26%
D&A For EBITDA	1,459	1,373	1,324	1,283	1,403
EBIT	3,045	2,426	3,467	1,880	2,122
EBIT Margin	25.02%	23.58%	30.85%	19.18%	21.83%
Effective Tax Rate	11.08%	2.90%	16.81%	-	-

Source: S&P Global Market Intelligence. Utility template. Financial Sources.