Utilities
Utilities - Regulated Electric
$20.62B
8.8K
Key insights and themes extracted from this filing
Utility revenues decreased from $8,524 million in 2023 to $8,589 million in 2024. This indicates a slight contraction in the company's core business operations, potentially due to factors like weather or economic conditions.
Operating income increased from $1,760 million in 2023 to $1,990 million in 2024. This improvement suggests better cost management or improved pricing strategies despite the decrease in utility revenues.
Net income increased from $917 million in 2023 to $1,019 million in 2024. This indicates an overall improvement in the company's profitability, driven by factors such as cost management and strategic initiatives.