Tennessee Valley Authority Income Statement
TVE|12 years of annual SEC 10-K data (FY2011-FY2023)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 12 fiscal years. All figures from audited SEC 10-K filings.
Tennessee Valley Authority reported $10.5B in revenue and $1.5B in net income for FY2023. Revenue has declined at a 0.6% compound annual rate over the past 12 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.5B | $10.2B | $11.3B | $11.2B | $10.7B | $10.6B | $11.0B | $11.1B | $11.0B | $11.2B | $10.9B | $11.3B |
| Operating Income | $2.8B | $2.7B | $2.8B | $2.6B | $2.7B | $2.3B | $2.2B | $1.6B | $1.5B | $1.3B | $2.2B | $2.0B |
| Interest Expense | - | - | - | - | - | $1.1B | $1.1B | $1.2B | $1.2B | $1.3B | $1.3B | $1.3B |
| Net Income | $1.5B | $1.4B | $1.4B | $1.1B | $685.0M | $1.2B | $1.1B | $469.0M | $271.0M | $60.0M | $972.0M | $726.0M |
| Operating Margin | 27.1% | 26.5% | 24.8% | 22.9% | 25.4% | 21.9% | 20.1% | 14.3% | 13.3% | 11.6% | 20.6% | 17.5% |
| Profit Margin | 14.4% | 13.2% | 12.5% | 10.0% | 6.4% | 11.6% | 10.1% | 4.2% | 2.5% | 0.5% | 8.9% | 6.5% |