sjw: the income statement

MyFinsight

For the year ending 2024-12-31, SJW made $748,439K in revenue. $94,136K in net income. Net profit margin of 12.58%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2024-12-31
Operating revenue	748,439
Property taxes and other non-income taxes	35,928
Depreciation and amortization	112,855
Maintenance	31,301
Administrative and general	105,830
Other production expenses	48,851
Groundwater extraction charges	73,146
Power	11,457
Purchased water	158,568
Total production expenses	292,022
Total operating expense	577,936
Operating income	170,503
Interest on long-term debt and other interest expense	71,390
Pension non-service credit (cost)	-3,769
Other, net	55
Income before income taxes	102,937
Provision for income taxes	8,970
Net income	93,967
Adjustment to pension benefit plans, net of taxes of 0 in 2024, 80 in 2023 and 793 in 2022	-611
Unrealized (loss) gain on investment, net of taxes of (163) in 2024, 166 in 2023 and (188) in 2022	-442
Comprehensive income	94,136

Basic eps	2.87
Diluted eps	2.87
Basic average shares	32,701,292
Diluted average shares	32,779,573