Financial Highlights
Basic Earnings Per Share
(in dollars)
Basic Earnings Per Share–Excluding Items*
(in dollars)
*Not a financial measure under generally accepted accounting principles.
See Reconciliation of Non-GAAP Financial Metric on page 21 of the Financials for additional information and specific adjustments made to this measure by year.
Return On Average Common Equity
(percent)
Dividends Per Share
(in dollars)
2020
2019
Change
Operating Revenues (in millions)
$20,375
$21,419
(4.9)%
Earnings (in millions)
$3,119
$4,739
(34.2)%
Basic Earnings Per Share
$2.95
$4.53
(34.9)%
Diluted Earnings Per Share
$2.93
$4.50
(34.9)%
Dividends Per Share (amount paid)
$2.54
$2.46
3.3%
Dividend Yield (year-end, percent)
4.1
3.9
5.1%
Average Shares Outstanding (in millions)
1,058
1,046
1.1%
Return On Average Common Equity (percent)
11.24
18.15
(38.1)%
Book Value Per Share
$26.48
$26.11
1.4%
Market Price Per Share (year-end, closing)
$61.43
$63.70
(3.6)%
Total Market Value Of Common Stock (year-end, in millions)
$64,899
$67,092
(3.3)%
Total Assets (in millions)
$122,935
$118,700
3.6%
Total Kilowatt-Hour Sales (in millions)
186,225
196,488
(5.2)%
Retail
140,546
148,461
(5.3)%
Wholesale
45,679
48,027
(4.9)%
Total Traditional Operating Company Customers (year-end, in thousands)
8,630
8,543
1.0%