PUGET ENERGY INC (PSD) [Rocket]

In millions, except per share items	Mar-31-23	Sep-30-22	Jun-30-22	Mar-31-22	Sep-30-21	Jun-30-21	Mar-31-21	Dec-31-20
	10-Q	10-Q	10-Q	10-Q	10-Q	10-Q	10-Q	10-K
Total revenues [+]					3,601.4	3,444.5	3,312.5	3,221.5
Regulated gas					1,030.8	1,020.3	1,002.8	980.9
Other						19.0	8.6
Revenue growth					12.3%	6.9%	2.5%	-2.7%
Cost of goods sold [+]					832.6	969.3	965.7	959.9
Maintenance and operations costs						604.7	602.7	597.0
Oil & gas costs						364.6	363.0	362.9
Gross profit					2,768.9	2,475.2	2,346.9	2,261.6
Gross margin					76.9%	71.9%	70.8%	70.2%
Selling, general and administrative [+]					912.4	341.5	333.4	328.6
Sales and marketing					633.1
General and administrative						341.5	333.4	328.6
Other operating expenses					430.1	768.2	748.7	804.3
EBITDA [+]					1,426.4	1,365.6	1,264.8	1,128.7
EBITDA growth					19.1%	21.1%	11.9%	-4.0%
EBITDA margin					39.6%	39.6%	38.2%	35.0%
Depreciation and amortization					722.0	720.4	691.4	647.8
EBIT [+]					704.5	645.1	573.4	481.0
EBIT growth					25.3%	25.2%	17.0%	-7.3%
EBIT margin					19.6%	18.7%	17.3%	14.9%
Non-recurring items								-26.8
Interest expense					354.1	357.9	374.3	373.8
Interest expense					354.1	357.9	374.3	373.8
Other income (expense), net [+]					55.5	54.6	50.7	50.4
Unrealized gain/loss on derivatives					-142.4	-93.9	-44.7	26.8
Other non-operating income					57.8	56.2	58.3	58.8
Other non-ooperating expenses					-17.5	-16.3	-22.4	-23.2
Other					-40.3	-39.9	-35.9	-35.6
Pre-tax income					427.2	368.6	276.6	184.4
Income taxes					32.4	13.4	-0.2	1.7
Tax rate					7.6%	3.6%	-0.1%
Net income					394.8	355.2	276.8	182.7
Net margin					11.0%	10.3%	8.4%	5.7%




EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.