ATCO Ltd. Income Statement

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

Millions CAD. 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	5,143	4,942	4,741	4,978	4,289
Revenue Growth (YoY)	4.07%	4.24%	-4.76%	16.06%	8.75%
Fuel and Purchased Power Expense	331	333	387	484	412
Operations and Maintenance Expenses	2,056	1,944	1,674	1,650	1,471
Gross Profit	2,756	2,665	2,680	2,844	2,406
Depreciation & Amortization Expenses	1,413	811	811	717	717
Taxes Other than Income Tax	393	380	369	402	337
Other Operating Expenses	324	337	539	508	387
Operating Income	626	1,137	961	1,217	965
Interest Income	189	183	160	140	89
Interest Expense	-556	-548	-500	-436	-437
Total Non-Operating Income (Expense)	-367	-365	-340	-296	-348
Pretax Income	259	772	621	921	617
Provision for Income Taxes	110	189	242	214	148
Net Income	150	430	432	370	246
Minority Interest in Earnings	111	281	387	337	223
Net Income to Common	150	430	432	370	246
Net Income Growth	-65.12%	-0.46%	16.76%	50.41%	-2.38%
Shares Outstanding (Basic)	112	112	113	114	114
Shares Outstanding (Diluted)	113	112	113	114	114
Shares Change (YoY)	0.34%	-0.97%	-0.78%	-0.16%	-0.23%
EPS (Basic)	1.34	3.83	5.06	4.41	2.73
EPS (Diluted)	1.33	3.83	5.06	4.40	2.72
EPS Growth	-65.27%	-24.31%	15.00%	61.77%	-2.86%
Shares Outstanding	112.4	112.24	112.16	-	-
Free Cash Flow	782	506	542	961	664
Free Cash Flow Growth	54.55%	-6.64%	-43.60%	44.73%	-26.47%
Free Cash Flow Per Share	6.94	4.51	4.78	8.41	5.80
Dividends Per Share	2.018	1.959	1.902	1.847	1.793
Dividend Growth	3.00%	2.99%	3.01%	2.99%	3.01%
Gross Margin	53.59%	53.93%	56.53%	57.13%	56.10%
Operating Margin	12.17%	23.01%	20.27%	24.45%	22.50%
Profit Margin	5.07%	14.39%	17.27%	14.20%	10.93%
FCF Margin	15.21%	10.24%	11.43%	19.30%	15.48%
EBITDA	2,039	1,948	961	1,217	965
EBITDA Margin	39.65%	39.42%	20.27%	24.45%	22.50%
EBIT	626	1,137	961	1,217	965
EBIT Margin	12.17%	23.01%	20.27%	24.45%	22.50%
Effective Tax Rate	42.47%	24.48%	38.97%	23.24%	23.99%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.