TVE
Tennessee Valley Authority
NYSE: TVE · UTILITIES · ELECTRICAL UTILITIES & IPPS
$23.94
-0.42% today
Updated 2026-04-30
Market cap
$12.63M
P/E ratio
—
P/S ratio
—
EPS (TTM)
$—
Dividend yield
4.19%
52W range
$22 – $25
Volume
0.0M
Tennessee Valley Authority (TVE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.24B | $10.38B | $11.26B | $10.87B | $11.84B | $11.22B | $10.96B | $11.14B | $11.00B | $10.62B | $10.74B | $11.23B | $11.32B | $10.25B | $10.50B | $12.54B | $12.05B | $12.31B | $13.67B |
| Revenue growth (YoY) | — | +12.3% | +8.4% | -3.4% | +8.9% | -5.2% | -2.4% | +1.7% | -1.2% | -3.5% | +1.2% | +4.6% | +0.8% | -9.4% | +2.5% | +19.4% | -3.9% | +2.2% | +11.0% |
| Cost of revenue | — | $4.16B | $4.71B | $3.14B | $2.80B | $7.38B | $7.28B | $7.17B | $6.23B | $5.93B | $5.76B | $5.62B | $5.82B | $5.17B | $5.61B | $7.45B | $7.54B | $7.38B | — |
| Gross profit | $9.24B | $6.22B | $6.55B | $7.73B | $9.04B | $3.84B | $3.68B | $3.97B | $4.77B | $4.68B | $4.97B | $5.61B | $5.50B | $5.08B | $4.90B | $5.09B | $4.51B | $4.94B | — |
| Gross margin | 100.0% | 59.9% | 58.2% | 71.1% | 76.4% | 34.2% | 33.6% | 35.7% | 43.4% | 44.1% | 46.3% | 50.0% | 48.6% | 49.5% | 46.6% | 40.6% | 37.4% | 40.1% | 0.0% |
| R&D | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | — | — | — | — | — | — | $3.88B | $3.36B | $3.36B | $3.89B | $3.37B | $3.63B | — | — | — | — | — | — |
| Operating income | $1.46B | $2.18B | $1.97B | $2.24B | $1.44B | $1.61B | $1.50B | $1.79B | $2.60B | $2.46B | $2.58B | $3.22B | $3.29B | $2.71B | $2.85B | $2.41B | $1.69B | $2.23B | $2.57B |
| Operating margin | 15.8% | 21.0% | 17.5% | 20.6% | 12.1% | 14.3% | 13.7% | 16.1% | 23.6% | 23.2% | 24.0% | 28.6% | 29.1% | 26.5% | 27.1% | 19.2% | 14.0% | 18.1% | 18.8% |
| EBITDA | $2.96B | $685.00M | $3.57B | $3.97B | $3.53B | $3.45B | $3.37B | $3.68B | $4.49B | $4.41B | $4.51B | $5.19B | $5.04B | $4.83B | $4.67B | $4.74B | $4.06B | $2.23B | $2.57B |
| EBITDA margin | 32.1% | 6.6% | 31.7% | 36.5% | 29.8% | 30.8% | 30.8% | 33.0% | 40.8% | 41.5% | 42.0% | 46.2% | 44.5% | 47.1% | 44.4% | 37.8% | 33.7% | 18.1% | 18.8% |
| EBIT | $1.46B | $-559.00M | $1.95B | $2.22B | $1.47B | $1.61B | $1.50B | $1.79B | $2.60B | $2.46B | $2.58B | $3.22B | $3.29B | $2.60B | $2.73B | $2.31B | $1.69B | $2.20B | — |
| Interest expense | $0.00 | $1.38B | $1.27B | $1.29B | $1.30B | $1.27B | $1.23B | $1.17B | $1.13B | $1.14B | $1.35B | $1.24B | $1.20B | $1.14B | $1.09B | $1.05B | $1.06B | $1.07B | $1.20B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $383.00M | $817.00M | $726.00M | $972.00M | $162.00M | $60.00M | $271.00M | $469.00M | $1.11B | $1.23B | $685.00M | $1.12B | $1.42B | $1.35B | $1.51B | $1.11B | $500.00M | $1.14B | $1.36B |
| Net income growth (YoY) | — | +113.3% | -11.1% | +33.9% | -83.3% | -63.0% | +351.7% | +73.1% | +136.9% | +11.0% | -44.4% | +63.4% | +26.6% | -4.6% | +11.8% | -26.7% | -54.9% | +127.0% | +19.8% |
| Profit margin | 4.1% | 7.9% | 6.5% | 8.9% | 1.4% | 0.5% | 2.5% | 4.2% | 10.1% | 11.6% | 6.4% | 10.0% | 12.5% | 13.2% | 14.4% | 8.8% | 4.1% | 9.2% | 9.9% |