On Nov. 9, TXU
- Earnings per share from continuing operations jumped a healthy 85%, on a scant 6% increase in sales.
- A Wall Street Journal article today reports that the Dallas-based electric supplier drew scathing comments from some Texas legislators during a hearing. One lawmaker accused the firm of "abusing" customers with high prices. CEO C. John Wilder disputed that remark.
- The article says regulatory controls for TXU will cease at the end of this year, and lawmakers are concerned the company will hike prices.
- In the relatively milder world of Motley Fool CAPS, the stock carries a three-star rating.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$3,510 |
$3,314 |
5.9% |
|
Net Profit* |
$984 |
$571 |
72.3% |
|
EPS* |
$2.15 |
$1.16 |
85.3% |
|
Diluted Shares |
466 |
489 |
(4.7%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q3 2006 | Q3 2005 | Change* | |
|---|---|---|---|
Gross Margin | 55.9% | 39.8% | 16.1 |
Operating Margin | 49.8% | 33.7% | 16.1 |
Net Margin | 28.0% | 17.2% | 10.8 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q3 2006 | Q3 2005 | Change |
|---|---|---|---|
Cash + ST Invest. | $24 | $255 | (90.6%) |
Accounts Rec. | $1,123 | $1,325 | (15.2%) |
Inventory | $380 | $405 | (6.2%) |
Liabilities | Q3 2006 | Q3 2005 | Change |
|---|---|---|---|
Accounts Payable | $908 | $1,085 | (16.3%) |
Long-Term Debt | $10,721 | $11,318 | (5.3%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
YTD 2006 | YTD 2005 | Change | |
|---|---|---|---|
Cash From Ops. | $4,045 | $2,055 | 96.8% |
Capital Expenditures | $1,409 | $735 | 91.7% |
Free Cash Flow | $2,636 | $1,320 | 99.7% |
Find out why Fools always follow the money.
Related Companies:
- Dominion Resources
(NYSE:D) - Duke Energy
(NYSE:DUK) - Southern Company
(NYSE:SO) - FPL Group
(NYSE:FPL)
Related Foolishness:
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