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)
2021
2020
Change
Operating Revenues (in millions)
$23,113
$20,375
13.4 %
Earnings (in millions)
$2,393
$3,119
(23.3)%
Basic Earnings Per Share
$2.26
$2.95
(23.4)%
Diluted Earnings Per Share
$2.93
$4.50
(34.9)%
Dividends Per Share (amount paid)
$2.62
$2.54
3.1 %
Dividend Yield (year-end, percent)
3.8
4.1
(7.3)%
Average Shares Outstanding (in millions)
1,061
1,058
0.3 %
Return On Average Common Equity (percent)
8.57
11.24
(23.8)%
Book Value Per Share
$26.30
$26.48
(0.7)%
Market Price Per Share (year-end, closing)
$68.58
$61.43
11.6 %
Total Market Value Of Common Stock (year-end, in millions)
$72,693
$64,899
12.0 %
Total Assets (in millions)
$127,534
$122,935
3.7 %
Total Kilowatt-Hour Sales (in millions)
193,380
186,225
3.8 %
Retail
143,370
140,546
2.0 %
Wholesale
50,010
45,679
9.5 %
Total Utility Customers (year-end, in thousands)
8,722
8,630
1.1 %