Reaves Utility Income Fund (UTG)

UTG Income Statement

Financials in millions USD. Fiscal year is November - October.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Other Revenue	93.29	96.11	88.7	66.67	57.56
Revenue	93.29	96.11	88.7	66.67	57.56
Revenue Growth (YoY)	-2.93%	8.35%	33.05%	15.82%	0.26%
Gross Profit	93.29	96.11	88.7	66.67	57.56
Selling, General & Admin	27.51	21.16	19.34	22.9	20.54
Operating Expenses	27.51	21.16	19.34	22.9	20.54
Operating Income	65.78	74.95	69.36	43.77	37.02
Interest Expense	-37.67	-34.2	-28.45	-8.49	-3.6
Currency Exchange Gain (Loss)	0.09	-0.28	-0.05	-0.13	-0.18
Other Non Operating Income (Expenses)	0.96	0.4	0.19	-	-
EBT Excluding Unusual Items	29.16	40.87	41.04	35.16	33.23
Gain (Loss) on Sale of Investments	739.99	824.42	-115.42	-257.18	216.59
Pretax Income	769.15	865.29	-74.37	-222.02	249.82
Net Income	769.15	865.29	-74.37	-222.02	249.82
Net Income to Common	769.15	865.29	-74.37	-222.02	249.82
Net Income Growth	-11.11%	-	-	-	-
Shares Outstanding (Basic)	91	88	77	72	65
Shares Outstanding (Diluted)	91	88	77	72	65
Shares Change (YoY)	3.32%	13.68%	7.26%	10.38%	20.90%
EPS (Basic)	8.48	9.86	-0.96	-3.08	3.83
EPS (Diluted)	8.48	9.86	-0.96	-3.08	3.83
EPS Growth	-13.97%	-	-	-	-
Dividend Per Share	2.320	2.280	2.280	2.280	2.200
Dividend Growth	1.75%	-	-	3.64%	1.85%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	70.51%	77.98%	78.19%	65.66%	64.31%
Profit Margin	824.46%	900.34%	-83.84%	-333.02%	434.01%
EBIT	65.78	74.95	69.36	43.77	37.02
EBIT Margin	70.51%	77.98%	78.19%	65.66%	64.31%
Revenue as Reported	93.29	96.11	88.7	66.67	57.56

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

SEC Filings: 10-K · 10-Q