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Xcel Energy (XEL) Financials

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$68.93 -0.88 (-1.26%)
Closing price 05/28/2025 04:00 PM Eastern
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$68.93 0.00 (0.00%)
As of 07:05 AM Eastern
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Annual Income Statements for Xcel Energy

Annual Income Statements for Xcel Energy

This table shows Xcel Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
1,936 1,771 1,736 1,597 1,473 1,372 1,261 1,148 1,123 984
Consolidated Net Income / (Loss)
1,936 1,771 1,736 1,597 1,473 1,372 1,261 1,148 1,123 984
Net Income / (Loss) Continuing Operations
1,936 1,771 1,736 1,597 1,473 1,372 1,261 1,148 1,123 984
Total Pre-Tax Income
1,534 1,625 1,601 1,527 1,467 1,500 1,442 1,690 1,704 1,527
Total Operating Income
2,386 2,481 2,428 2,203 2,116 2,104 1,965 2,223 2,240 2,000
Total Gross Profit
6,148 5,979 5,860 5,258 4,964 4,723 4,453 4,520 4,320 3,990
Total Revenue
13,441 14,206 15,310 13,431 11,526 11,529 11,537 11,404 11,107 11,024
Operating Revenue
13,441 14,206 15,310 13,431 11,526 11,529 11,537 11,404 11,107 10,948
Total Cost of Revenue
7,293 8,227 9,450 8,173 6,562 6,806 7,084 6,884 6,787 7,034
Operating Cost of Revenue
7,293 8,227 9,450 8,173 6,562 6,806 7,084 6,884 6,787 7,034
Total Operating Expenses
3,762 3,498 3,432 3,055 2,848 2,619 2,488 2,297 2,080 1,990
Depreciation Expense
2,744 2,448 2,413 2,121 1,948 1,765 1,642 1,479 1,303 1,124
Other Operating Expenses / (Income)
1,018 1,015 1,019 934 900 854 846 818 777 866
Other Special Charges / (Income)
0.00 35 0.00 0.00 - - - - - -
Total Other Income / (Expense), net
-852 -856 -827 -676 -649 -604 -523 -533 -536 -473
Interest Expense
1,182 1,004 925 816 798 736 652 628 620 569
Interest & Investment Income
187 126 111 135 155 116 143 105 102 90
Other Income / (Expense), net
143 22 -13 5.00 -6.00 16 -14 -10 -18 6.00
Income Tax Expense
-402 -146 -135 -70 -6.00 128 181 542 581 543
Basic Earnings per Share
$3.44 $3.21 $3.18 $2.96 $2.79 $2.64 $2.47 $2.26 $2.21 $1.94
Weighted Average Basic Shares Outstanding
563M 552M 547M 539M 527M 519M 511M 509M 509M 507.80M
Diluted Earnings per Share
$3.44 $3.21 $3.17 $2.96 $2.79 $2.64 $2.47 $2.25 $2.21 $1.94
Weighted Average Diluted Shares Outstanding
563M 552M 547M 540M 528M 520M 511M 509M 509M 508.20M
Weighted Average Basic & Diluted Shares Outstanding
574.55M 555.16M 549.85M 544.21M 537.65M 524.67M 510.50M 508M 508.10M 507.50M
Cash Dividends to Common per Share
$2.19 $2.08 $1.95 $1.72 $1.72 $1.62 $1.52 $1.44 $1.36 $1.28

Quarterly Income Statements for Xcel Energy

This table shows Xcel Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
483 464 682 302 488 409 656 288 418 379 649
Consolidated Net Income / (Loss)
483 464 682 302 488 409 656 288 418 379 649
Net Income / (Loss) Continuing Operations
483 464 682 302 488 409 656 288 418 379 649
Total Pre-Tax Income
422 167 692 214 461 364 696 200 365 324 693
Total Operating Income
677 347 911 449 679 575 915 418 573 525 924
Total Gross Profit
1,685 1,288 1,863 1,392 1,605 1,528 1,811 1,183 1,457 1,368 1,790
Total Revenue
3,906 3,120 3,644 3,028 3,649 3,442 3,662 3,022 4,080 4,053 4,082
Operating Revenue
3,906 3,120 3,644 3,028 3,649 3,442 3,662 3,022 4,080 4,053 4,082
Total Cost of Revenue
2,221 1,832 1,781 1,636 2,044 1,914 1,851 1,839 2,623 2,685 2,292
Operating Cost of Revenue
2,221 1,832 1,781 1,636 2,044 1,914 1,851 1,839 2,623 2,685 2,292
Total Operating Expenses
1,008 941 952 943 926 953 896 765 884 843 866
Depreciation Expense
728 702 681 703 658 641 618 565 624 606 607
Other Operating Expenses / (Income)
280 239 271 240 268 311 244 200 260 237 259
Total Other Income / (Expense), net
-255 -180 -219 -235 -218 -211 -219 -218 -208 -201 -231
Interest Expense
309 297 305 303 277 250 255 256 243 239 237
Interest & Investment Income
47 49 47 46 45 36 33 27 30 31 21
Other Income / (Expense), net
7.00 68 39 22 14 3.00 3.00 11 5.00 7.00 -15
Income Tax Expense
-61 -297 10 -88 -27 -45 40 -88 -53 -55 44
Basic Earnings per Share
$0.84 $0.81 $1.21 $0.54 $0.88 $0.74 $1.19 $0.52 $0.76 $0.69 $1.19
Weighted Average Basic Shares Outstanding
575M 563M 564M 557M 556M 552M 552M 551M 551M 547M 548M
Diluted Earnings per Share
$0.84 $0.81 $1.21 $0.54 $0.88 $0.74 $1.19 $0.52 $0.76 $0.69 $1.18
Weighted Average Diluted Shares Outstanding
577M 563M 565M 557M 556M 552M 552M 552M 551M 547M 548M
Weighted Average Basic & Diluted Shares Outstanding
576.76M 574.55M 574.24M 557.50M 555.64M 555.16M 551.82M 551.53M 550.36M 549.85M 547.25M
Cash Dividends to Common per Share
$0.57 - $0.55 - - - $0.52 - - - -

Annual Cash Flow Statements for Xcel Energy

This table details how cash moves in and out of Xcel Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
50 18 -55 37 -119 101 64 -2.00 0.00 5.00
Net Cash From Operating Activities
4,641 5,327 3,932 2,189 2,848 3,263 3,122 3,126 3,052 3,038
Net Cash From Continuing Operating Activities
4,641 5,327 3,932 2,189 2,848 3,263 3,122 3,126 3,052 3,038
Net Income / (Loss) Continuing Operations
1,936 1,771 1,736 1,597 1,473 1,372 1,261 1,148 1,123 984
Consolidated Net Income / (Loss)
1,936 1,771 1,736 1,597 1,473 1,372 1,261 1,148 1,123 984
Depreciation Expense
2,769 2,471 2,436 2,143 1,959 1,785 1,659 1,495 1,319 1,143
Amortization Expense
106 96 118 114 123 119 122 114 117 106
Non-Cash Adjustments To Reconcile Net Income
-73 13 -224 -2.00 9.00 254 12 34 32 182
Changes in Operating Assets and Liabilities, net
-97 976 -134 -1,663 -716 -267 68 335 461 623
Net Cash From Investing Activities
-7,428 -5,926 -4,653 -4,287 -4,740 -4,343 -3,986 -3,296 -3,261 -3,623
Net Cash From Continuing Investing Activities
-7,428 -5,926 -4,653 -4,287 -4,740 -4,343 -3,986 -3,296 -3,261 -3,679
Purchase of Property, Plant & Equipment
-7,364 -5,854 -4,638 -4,244 -5,369 -4,225 -3,957 -3,244 -3,195 -3,683
Purchase of Investments
-998 -994 -1,332 -757 -1,398 -995 -853 -1,697 -547 -1,258
Divestitures
0.00 0.00 0.00 0.00 684 0.00 0.00 - - -
Sale and/or Maturity of Investments
961 959 1,297 743 1,378 975 833 1,669 479 1,237
Other Investing Activities, net
-27 -37 20 -29 -35 -98 -9.00 -24 2.00 27
Net Cash From Financing Activities
2,837 617 666 2,135 1,773 1,181 928 168 209 590
Net Cash From Continuing Financing Activities
2,837 617 666 2,135 1,773 1,181 928 168 209 590
Repayment of Debt
-752 -1,191 -616 -6.00 -1,027 -963 -472 -1,051 -1,502 -262
Payment of Dividends
-1,175 -1,092 -1,012 -935 -856 -791 -730 -721 -681 -607
Issuance of Debt
3,647 2,630 1,972 2,710 2,929 2,477 1,900 1,940 2,424 1,452
Issuance of Common Equity
1,117 270 322 366 727 458 230 0.00 0.00 7.00
Cash Interest Paid
1,131 945 887 788 758 698 633 616 592 543
Cash Income Taxes Paid
-588 -92 15 4.00 -12 -53 -27 -44 -62 -58

Quarterly Cash Flow Statements for Xcel Energy

This table details how cash moves in and out of Xcel Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
944 -1,366 -53 1,097 372 -465 319 161 3.00 -6.00 -218
Net Cash From Operating Activities
1,028 664 1,737 1,190 1,050 974 1,898 918 1,537 765 1,179
Net Cash From Continuing Operating Activities
1,028 664 1,737 1,190 1,050 974 1,898 918 1,537 765 1,179
Net Income / (Loss) Continuing Operations
483 464 682 302 488 409 656 288 418 379 649
Consolidated Net Income / (Loss)
483 464 682 302 488 409 656 288 418 379 649
Depreciation Expense
734 714 685 706 664 647 622 571 631 615 611
Amortization Expense
29 21 32 33 20 12 31 24 29 27 30
Non-Cash Adjustments To Reconcile Net Income
-11 -35 -301 276 -13 -373 377 -2.00 11 -218 -11
Changes in Operating Assets and Liabilities, net
-207 -500 639 -127 -109 279 212 37 448 -38 -100
Net Cash From Investing Activities
-1,991 -2,231 -1,794 -1,847 -1,556 -1,634 -1,653 -1,355 -1,284 -1,332 -1,266
Net Cash From Continuing Investing Activities
-1,991 -2,231 -1,794 -1,847 -1,556 -1,634 -1,653 -1,355 -1,284 -1,332 -1,266
Purchase of Property, Plant & Equipment
-1,988 -2,217 -1,779 -1,831 -1,537 -1,614 -1,641 -1,334 -1,265 -1,313 -1,285
Purchase of Investments
-241 -305 -224 -280 -189 -290 -288 -180 -236 -277 -268
Sale and/or Maturity of Investments
240 295 216 271 179 281 279 171 228 268 260
Other Investing Activities, net
-2.00 -4.00 -7.00 -7.00 -9.00 -11 -3.00 -12 -11 -10 27
Net Cash From Financing Activities
1,907 201 4.00 1,754 878 195 74 598 -250 561 -131
Net Cash From Continuing Financing Activities
1,907 201 4.00 1,754 878 195 74 598 -250 561 -131
Repayment of Debt
14 493 -707 -210 -328 287 -546 -935 3.00 -2.00 870
Payment of Dividends
-306 -304 -296 -295 -280 -278 -278 -277 -259 -258 -257
Issuance of Debt
2,077 4.00 -1.00 2,166 1,478 -1.00 890 1,741 0.00 655 -749
Issuance of Common Equity
122 8.00 1,008 93 8.00 187 8.00 69 6.00 166 5.00
Cash Interest Paid
252 338 276 287 230 293 191 252 209 259 203
Cash Income Taxes Paid
64 -1,072 133 220 131 -24 -19 -48 -1.00 31 -7.00

Annual Balance Sheets for Xcel Energy

This table presents Xcel Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
70,035 64,079 61,188 57,851 53,957 50,448 45,987 43,030 41,155 38,821
Total Current Assets
4,325 4,069 5,144 4,239 3,275 3,113 3,094 2,973 2,842 2,770
Cash & Equivalents
179 129 111 166 129 0.00 147 83 85 85
Short-Term Investments
114 104 279 123 49 55 87 44 38 34
Accounts Receivable
2,081 2,168 2,478 1,880 1,630 1,550 1,615 1,561 1,506 1,379
Inventories, net
666 711 803 631 535 544 548 610 604 609
Prepaid Expenses
652 294 360 289 250 185 154 183 138 156
Current Deferred & Refundable Income Taxes
72 52 54 44 42 43 79 68 107 163
Other Current Assets
561 611 1,059 1,106 640 488 464 424 364 345
Plant, Property, & Equipment, net
57,198 51,642 48,253 45,457 42,950 39,483 36,944 34,329 32,842 31,206
Total Noncurrent Assets
8,512 8,368 7,791 8,155 7,732 7,852 5,949 5,728 5,471 4,845
Long-Term Investments
3,896 3,599 3,234 3,628 3,096 2,731 2,317 2,397 2,092 1,903
Other Noncurrent Operating Assets
4,616 4,769 4,557 4,527 4,636 5,121 3,632 3,331 3,379 2,942
Total Liabilities & Shareholders' Equity
70,035 64,079 61,188 57,851 53,957 50,448 45,987 43,030 41,155 38,821
Total Liabilities
50,513 46,463 44,513 42,239 39,382 37,209 33,765 31,575 30,134 28,221
Total Current Liabilities
6,459 5,652 6,078 5,046 4,239 4,568 4,460 4,088 3,247 4,058
Short-Term Debt
1,798 1,337 1,964 1,606 1,005 1,297 1,444 1,271 647 1,503
Accounts Payable
1,781 1,668 1,804 1,409 1,237 1,294 1,237 1,243 1,045 961
Dividends Payable
314 289 268 249 231 212 195 183 172 162
Current Deferred & Payable Income Tax Liabilities
535 557 569 569 578 466 450 448 457 438
Other Current Liabilities
1,751 1,550 1,256 1,004 985 1,107 960 769 753 827
Other Current Nonoperating Liabilities
280 251 217 209 203 192 174 174 173 167
Total Noncurrent Liabilities
44,054 40,811 38,435 37,193 35,143 32,641 29,305 27,487 26,887 24,162
Long-Term Debt
27,316 24,913 22,813 21,779 19,645 17,407 15,803 14,520 14,195 12,399
Capital Lease Obligations
867 1,038 1,038 1,146 1,344 1,549 0.00 - - -
Asset Retirement Reserve & Litigation Obligation
9,723 9,045 8,949 8,556 8,186 7,778 7,755 7,558 4,165 3,941
Noncurrent Deferred Revenue
146 167 181 196 197 203 199 193 195 229
Noncurrent Deferred & Payable Income Tax Liabilities
5,359 4,945 4,804 4,947 4,791 4,558 4,219 3,903 6,847 6,222
Noncurrent Employee Benefit Liabilities
477 469 390 306 666 785 994 1,042 1,112 941
Other Noncurrent Operating Liabilities
166 234 260 263 314 361 335 271 373 430
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
19,522 17,616 16,675 15,612 14,575 13,239 12,222 11,455 11,021 10,601
Total Preferred & Common Equity
19,522 17,616 16,675 15,612 14,575 13,239 12,222 11,455 11,021 10,601
Total Common Equity
19,522 17,616 16,675 15,612 14,575 13,239 12,222 11,455 11,021 10,601
Common Stock
11,037 9,852 9,529 9,163 8,748 7,967 7,453 7,167 7,149 7,158
Retained Earnings
8,553 7,858 7,239 6,572 5,968 5,413 4,893 4,413 3,982 3,553
Accumulated Other Comprehensive Income / (Loss)
-68 -94 -93 -123 -141 -141 -124 -125 -110 -110

Quarterly Balance Sheets for Xcel Energy

This table presents Xcel Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Total Assets
72,749 70,035 69,286 67,927 65,585 64,079 62,870 61,658 60,945 61,188 59,975
Total Current Assets
5,368 4,325 5,469 5,699 4,489 4,069 4,402 4,201 4,253 5,144 5,090
Cash & Equivalents
1,123 179 1,545 1,598 501 129 594 275 114 111 117
Short-Term Investments
113 114 179 234 86 104 146 233 97 279 456
Accounts Receivable
2,056 2,081 1,977 1,985 1,999 2,168 1,951 1,852 2,077 2,478 1,989
Inventories, net
625 666 638 622 623 711 688 625 580 803 870
Prepaid Expenses
749 652 504 541 548 294 257 322 359 360 329
Current Deferred & Refundable Income Taxes
75 72 64 89 85 52 71 66 43 54 54
Other Current Assets
627 561 562 630 647 611 695 828 983 1,059 1,275
Plant, Property, & Equipment, net
58,807 57,198 55,321 53,890 52,765 51,642 50,613 49,664 48,896 48,253 47,287
Total Noncurrent Assets
8,574 8,512 8,496 8,338 8,331 8,368 7,855 7,793 7,796 7,791 7,598
Long-Term Investments
3,888 3,896 3,947 3,791 3,746 3,599 3,393 3,456 3,373 3,234 3,083
Other Noncurrent Operating Assets
4,686 4,616 4,549 4,547 4,585 4,769 4,462 4,337 4,423 4,557 4,515
Total Liabilities & Shareholders' Equity
72,749 70,035 69,286 67,927 65,585 64,079 62,870 61,658 60,945 61,188 59,975
Total Liabilities
52,945 50,513 49,934 49,973 47,744 46,463 45,561 44,744 44,127 44,513 43,591
Total Current Liabilities
6,741 6,459 5,858 5,900 5,210 5,652 5,073 5,231 5,661 6,078 4,903
Short-Term Debt
1,822 1,798 1,199 1,656 1,015 1,337 1,051 1,595 1,980 1,964 809
Accounts Payable
1,942 1,781 1,713 1,546 1,461 1,668 1,445 1,307 1,338 1,804 1,586
Dividends Payable
328 314 312 305 304 289 287 287 286 268 267
Current Deferred & Payable Income Tax Liabilities
631 535 488 360 638 557 541 407 682 569 545
Other Current Liabilities
1,688 1,751 1,817 1,734 1,501 1,550 1,461 1,402 1,133 1,256 1,452
Other Current Nonoperating Liabilities
330 280 329 299 291 251 288 233 242 217 244
Total Noncurrent Liabilities
46,204 44,054 44,076 44,073 42,534 40,811 40,488 39,513 38,466 38,435 38,688
Long-Term Debt
29,396 27,316 27,471 27,716 26,396 24,913 24,910 24,015 22,818 22,813 23,309
Capital Lease Obligations
889 867 908 961 980 1,038 930 966 1,020 1,038 997
Asset Retirement Reserve & Litigation Obligation
9,856 9,723 9,487 9,349 9,245 9,045 9,141 9,047 9,063 8,949 8,863
Noncurrent Deferred Revenue
139 146 154 154 159 167 173 174 180 181 187
Noncurrent Deferred & Payable Income Tax Liabilities
5,368 5,359 5,521 5,336 5,166 4,945 4,747 4,703 4,776 4,804 4,812
Noncurrent Employee Benefit Liabilities
352 477 374 371 364 469 355 353 345 390 255
Other Noncurrent Operating Liabilities
204 166 161 186 224 234 232 255 264 260 265
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
19,804 19,522 19,352 17,954 17,841 17,616 17,309 16,914 16,818 16,675 16,384
Total Preferred & Common Equity
19,804 19,522 19,352 17,954 17,841 17,616 17,309 16,914 16,818 16,675 16,384
Total Common Equity
19,804 19,522 19,352 17,954 17,841 17,616 17,309 16,914 16,818 16,675 16,384
Common Stock
11,170 11,037 11,012 9,982 9,870 9,852 9,648 9,625 9,545 9,529 9,347
Retained Earnings
8,706 8,553 8,406 8,039 8,042 7,858 7,739 7,371 7,370 7,239 7,128
Accumulated Other Comprehensive Income / (Loss)
-72 -68 -66 -67 -71 -94 -78 -82 -97 -93 -91

Annual Metrics And Ratios for Xcel Energy

This table displays calculated financial ratios and metrics derived from Xcel Energy's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
-5.39% -7.21% 13.99% 16.53% -0.03% -0.07% 1.17% 2.67% 0.75% -5.67%
EBITDA Growth
6.59% 2.03% 11.29% 6.51% 4.18% 7.82% -2.35% 4.48% 12.38% 4.85%
EBIT Growth
1.04% 3.64% 9.38% 4.64% -0.47% 8.66% -11.84% -0.41% 10.77% 2.69%
NOPAT Growth
11.37% 2.70% 14.27% 8.44% 10.40% 11.99% 13.79% 2.29% 14.54% 0.09%
Net Income Growth
9.32% 2.02% 8.70% 8.42% 7.36% 8.80% 9.84% 2.23% 14.13% -3.65%
EPS Growth
7.17% 1.26% 7.09% 6.09% 5.68% 6.88% 9.78% 1.81% 13.92% -4.43%
Operating Cash Flow Growth
-12.88% 35.48% 79.63% -23.14% -12.72% 4.52% -0.13% 2.42% 0.46% 14.23%
Free Cash Flow Firm Growth
-390.07% 1,392.58% 94.74% 12.30% 55.02% -237.09% -215.47% 44.47% 234.74% -40.09%
Invested Capital Growth
10.32% 5.75% 7.27% 8.76% 9.29% 13.10% 8.80% 4.53% 5.19% 7.07%
Revenue Q/Q Growth
-2.34% -4.12% 4.78% 3.13% 1.31% -0.71% 0.73% 0.01% 1.36% -2.51%
EBITDA Q/Q Growth
-1.58% 1.26% 3.48% 1.20% 0.46% 3.23% -0.90% 0.32% 1.81% 2.69%
EBIT Q/Q Growth
-6.06% 1.87% 4.27% 0.36% -1.26% 5.95% -4.97% -1.43% 1.20% 2.50%
NOPAT Q/Q Growth
6.01% 1.26% 3.74% 1.78% 1.37% 5.22% 3.56% -3.68% 2.98% 1.44%
Net Income Q/Q Growth
2.92% 1.72% 3.83% 1.72% -0.27% 6.03% 1.94% -3.13% 1.68% 1.26%
EPS Q/Q Growth
2.08% 1.58% 3.59% 1.02% -0.36% 5.60% 2.49% -3.85% 1.84% 1.04%
Operating Cash Flow Q/Q Growth
-6.26% 4.08% 4.10% -2.84% -1.11% 2.42% -4.00% 4.42% 2.64% -3.40%
Free Cash Flow Firm Q/Q Growth
-207.73% 15.86% 97.02% 41.78% -173.43% 21.89% -2,228.10% 42.77% 359.26% -175.82%
Invested Capital Q/Q Growth
4.57% 2.39% 2.60% 5.82% 7.82% 2.20% 3.93% 1.87% 2.76% 4.62%
Profitability Metrics
- - - - - - - - - -
Gross Margin
45.74% 42.09% 38.28% 39.15% 43.07% 40.97% 38.60% 39.64% 38.89% 36.19%
EBITDA Margin
40.21% 35.69% 32.46% 33.24% 36.37% 34.90% 32.35% 33.51% 32.93% 29.53%
Operating Margin
17.75% 17.46% 15.86% 16.40% 18.36% 18.25% 17.03% 19.49% 20.17% 18.14%
EBIT Margin
18.82% 17.62% 15.77% 16.44% 18.31% 18.39% 16.91% 19.41% 20.01% 18.20%
Profit (Net Income) Margin
14.40% 12.47% 11.34% 11.89% 12.78% 11.90% 10.93% 10.07% 10.11% 8.93%
Tax Burden Percent
126.21% 108.98% 108.43% 104.58% 100.41% 91.47% 87.45% 67.93% 65.90% 64.44%
Interest Burden Percent
60.66% 64.92% 66.29% 69.16% 69.53% 70.75% 73.91% 76.37% 76.69% 76.12%
Effective Tax Rate
-26.21% -8.98% -8.43% -4.58% -0.41% 8.53% 12.55% 32.07% 34.10% 35.56%
Return on Invested Capital (ROIC)
6.88% 6.68% 6.93% 6.54% 6.58% 6.62% 6.56% 6.15% 6.31% 5.84%
ROIC Less NNEP Spread (ROIC-NNEP)
2.61% 2.68% 2.83% 3.03% 3.04% 3.24% 3.37% 3.43% 3.50% 3.23%
Return on Net Nonoperating Assets (RNNOA)
3.54% 3.65% 3.83% 4.04% 4.01% 4.16% 4.09% 4.06% 4.08% 3.61%
Return on Equity (ROE)
10.43% 10.33% 10.75% 10.58% 10.59% 10.78% 10.65% 10.22% 10.39% 9.45%
Cash Return on Invested Capital (CROIC)
-2.94% 1.09% -0.09% -1.85% -2.30% -5.68% -1.87% 1.73% 1.25% -0.99%
Operating Return on Assets (OROA)
3.77% 4.00% 4.06% 3.95% 4.04% 4.40% 4.38% 5.26% 5.56% 5.29%
Return on Assets (ROA)
2.89% 2.83% 2.92% 2.86% 2.82% 2.85% 2.83% 2.73% 2.81% 2.60%
Return on Common Equity (ROCE)
10.43% 10.33% 10.75% 10.58% 10.59% 10.78% 10.65% 10.22% 10.39% 9.45%
Return on Equity Simple (ROE_SIMPLE)
9.92% 10.05% 10.41% 10.23% 10.11% 10.36% 10.32% 10.02% 10.19% 9.28%
Net Operating Profit after Tax (NOPAT)
3,011 2,704 2,633 2,304 2,125 1,924 1,718 1,510 1,476 1,289
NOPAT Margin
22.40% 19.03% 17.20% 17.15% 18.43% 16.69% 14.89% 13.24% 13.29% 11.69%
Net Nonoperating Expense Percent (NNEP)
4.27% 4.00% 4.10% 3.52% 3.54% 3.38% 3.19% 2.72% 2.81% 2.62%
Return On Investment Capital (ROIC_SIMPLE)
6.08% 6.02% 6.20% - - - - - - -
Cost of Revenue to Revenue
54.26% 57.91% 61.72% 60.85% 56.93% 59.03% 61.40% 60.36% 61.11% 63.81%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
27.99% 24.62% 22.42% 22.75% 24.71% 22.72% 21.57% 20.14% 18.73% 18.05%
Earnings before Interest and Taxes (EBIT)
2,529 2,503 2,415 2,208 2,110 2,120 1,951 2,213 2,222 2,006
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
5,404 5,070 4,969 4,465 4,192 4,024 3,732 3,822 3,658 3,255
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.97 1.87 2.14 2.15 2.15 2.20 1.76 1.75 1.50 1.33
Price to Tangible Book Value (P/TBV)
1.97 1.87 2.14 2.15 2.15 2.20 1.76 1.75 1.50 1.33
Price to Revenue (P/Rev)
2.86 2.32 2.33 2.50 2.72 2.52 1.87 1.76 1.48 1.28
Price to Earnings (P/E)
19.86 18.58 20.58 21.04 21.31 21.19 17.07 17.50 14.68 14.29
Dividend Yield
3.23% 3.49% 2.99% 2.93% 2.88% 2.92% 3.63% 3.64% 4.19% 4.62%
Earnings Yield
5.03% 5.38% 4.86% 4.75% 4.69% 4.72% 5.86% 5.72% 6.81% 7.00%
Enterprise Value to Invested Capital (EV/IC)
1.40 1.35 1.47 1.48 1.49 1.51 1.33 1.33 1.21 1.14
Enterprise Value to Revenue (EV/Rev)
4.78 3.97 3.78 4.04 4.35 4.04 3.14 2.92 2.62 2.35
Enterprise Value to EBITDA (EV/EBITDA)
11.89 11.12 11.66 12.14 11.95 11.57 9.70 8.73 7.96 7.97
Enterprise Value to EBIT (EV/EBIT)
25.40 22.52 23.98 24.55 23.75 21.95 18.56 15.07 13.10 12.93
Enterprise Value to NOPAT (EV/NOPAT)
21.34 20.84 22.00 23.53 23.59 24.18 21.08 22.09 19.72 20.13
Enterprise Value to Operating Cash Flow (EV/OCF)
13.84 10.58 14.73 24.77 17.60 14.26 11.60 10.67 9.54 8.54
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 127.24 0.00 0.00 0.00 0.00 0.00 78.65 99.17 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
1.54 1.55 1.55 1.57 1.51 1.53 1.41 1.38 1.35 1.31
Long-Term Debt to Equity
1.44 1.47 1.43 1.47 1.44 1.43 1.29 1.27 1.29 1.17
Financial Leverage
1.36 1.36 1.36 1.33 1.32 1.28 1.21 1.18 1.16 1.12
Leverage Ratio
3.61 3.65 3.69 3.70 3.75 3.79 3.76 3.75 3.70 3.64
Compound Leverage Factor
2.19 2.37 2.44 2.56 2.61 2.68 2.78 2.86 2.84 2.77
Debt to Total Capital
60.56% 60.77% 60.76% 61.11% 60.14% 60.47% 58.53% 57.96% 57.39% 56.74%
Short-Term Debt to Total Capital
3.63% 2.98% 4.62% 4.00% 2.75% 3.87% 4.90% 4.66% 2.50% 6.13%
Long-Term Debt to Total Capital
56.93% 57.79% 56.13% 57.11% 57.40% 56.60% 53.63% 53.29% 54.89% 50.60%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
39.44% 39.23% 39.24% 38.89% 39.86% 39.53% 41.47% 42.04% 42.61% 43.26%
Debt to EBITDA
5.55 5.38 5.20 5.49 5.25 5.03 4.62 4.13 4.06 4.27
Net Debt to EBITDA
4.77 4.63 4.47 4.62 4.47 4.34 3.94 3.47 3.45 3.65
Long-Term Debt to EBITDA
5.22 5.12 4.80 5.13 5.01 4.71 4.23 3.80 3.88 3.81
Debt to NOPAT
9.96 10.09 9.81 10.65 10.35 10.52 10.04 10.46 10.05 10.79
Net Debt to NOPAT
8.57 8.67 8.43 8.95 8.81 9.08 8.55 8.79 8.55 9.22
Long-Term Debt to NOPAT
9.36 9.60 9.06 9.95 9.88 9.85 9.20 9.62 9.62 9.62
Altman Z-Score
0.90 0.92 1.01 0.98 0.95 0.95 0.89 0.93 0.90 0.84
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.67 0.72 0.85 0.84 0.77 0.68 0.69 0.73 0.88 0.68
Quick Ratio
0.37 0.42 0.47 0.43 0.43 0.35 0.41 0.41 0.50 0.37
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-1,285 443 -34 -651 -742 -1,651 -490 424 294 -218
Operating Cash Flow to CapEx
63.02% 91.00% 84.78% 51.58% 53.05% 77.23% 78.90% 96.36% 95.52% 82.49%
Free Cash Flow to Firm to Interest Expense
-1.09 0.44 -0.04 -0.80 -0.93 -2.24 -0.75 0.68 0.47 -0.38
Operating Cash Flow to Interest Expense
3.93 5.31 4.25 2.68 3.57 4.43 4.79 4.98 4.92 5.34
Operating Cash Flow Less CapEx to Interest Expense
-2.30 -0.52 -0.76 -2.52 -3.16 -1.31 -1.28 -0.19 -0.23 -1.13
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.20 0.23 0.26 0.24 0.22 0.24 0.26 0.27 0.28 0.29
Accounts Receivable Turnover
6.33 6.12 7.03 7.65 7.25 7.29 7.27 7.44 7.70 7.51
Inventory Turnover
10.59 10.87 13.18 14.02 12.16 12.47 12.23 11.34 11.19 11.67
Fixed Asset Turnover
0.25 0.28 0.33 0.30 0.28 0.30 0.32 0.34 0.35 0.37
Accounts Payable Turnover
4.23 4.74 5.88 6.18 5.19 5.38 5.71 6.02 6.77 6.59
Days Sales Outstanding (DSO)
57.69 59.69 51.95 47.69 50.35 50.10 50.24 49.08 47.41 48.58
Days Inventory Outstanding (DIO)
34.46 33.59 27.69 26.04 30.01 29.28 29.83 32.18 32.61 31.28
Days Payable Outstanding (DPO)
86.31 77.02 62.05 59.08 70.39 67.87 63.89 60.66 53.94 55.37
Cash Conversion Cycle (CCC)
5.84 16.25 17.59 14.65 9.97 11.51 16.18 20.61 26.08 24.50
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
45,908 41,612 39,351 36,684 33,729 30,862 27,287 25,079 23,993 22,810
Invested Capital Turnover
0.31 0.35 0.40 0.38 0.36 0.40 0.44 0.46 0.47 0.50
Increase / (Decrease) in Invested Capital
4,296 2,261 2,667 2,955 2,867 3,575 2,208 1,086 1,183 1,507
Enterprise Value (EV)
64,247 56,356 57,918 54,214 50,115 46,540 36,217 33,353 29,109 25,938
Market Capitalization
38,455 32,900 35,727 33,600 31,395 29,073 21,521 20,086 16,482 14,058
Book Value per Share
$34.00 $31.92 $30.47 $28.98 $27.74 $25.25 $23.79 $22.56 $21.70 $20.89
Tangible Book Value per Share
$34.00 $31.92 $30.47 $28.98 $27.74 $25.25 $23.79 $22.56 $21.70 $20.89
Total Capital
49,503 44,904 42,490 40,143 36,569 33,492 29,469 27,246 25,863 24,503
Total Debt
29,981 27,288 25,815 24,531 21,994 20,253 17,247 15,791 14,842 13,902
Total Long-Term Debt
28,183 25,951 23,851 22,925 20,989 18,956 15,803 14,520 14,195 12,399
Net Debt
25,792 23,456 22,191 20,614 18,720 17,467 14,696 13,267 12,627 11,880
Capital Expenditures (CapEx)
7,364 5,854 4,638 4,244 5,369 4,225 3,957 3,244 3,195 3,683
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-629 -479 640 510 -137 -213 -156 29 119 96
Debt-free Net Working Capital (DFNWC)
-336 -246 1,030 799 41 -158 78 156 242 215
Net Working Capital (NWC)
-2,134 -1,583 -934 -807 -964 -1,455 -1,366 -1,115 -405 -1,288
Net Nonoperating Expense (NNE)
1,075 933 897 707 652 552 457 362 353 305
Net Nonoperating Obligations (NNO)
26,386 23,996 22,676 21,072 19,154 17,623 15,065 13,624 12,972 12,209
Total Depreciation and Amortization (D&A)
2,875 2,567 2,554 2,257 2,082 1,904 1,781 1,609 1,436 1,249
Debt-free, Cash-free Net Working Capital to Revenue
-4.68% -3.37% 4.18% 3.80% -1.19% -1.85% -1.35% 0.25% 1.07% 0.87%
Debt-free Net Working Capital to Revenue
-2.50% -1.73% 6.73% 5.95% 0.36% -1.37% 0.68% 1.37% 2.18% 1.95%
Net Working Capital to Revenue
-15.88% -11.14% -6.10% -6.01% -8.36% -12.62% -11.84% -9.78% -3.65% -11.68%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$3.44 $3.21 $3.18 $2.96 $2.79 $2.64 $2.47 $2.26 $2.21 $1.94
Adjusted Weighted Average Basic Shares Outstanding
563M 552M 547M 539M 527M 519M 511M 509M 508.79M 507.77M
Adjusted Diluted Earnings per Share
$3.44 $3.21 $3.17 $2.96 $2.79 $2.64 $2.47 $2.25 $2.21 $1.94
Adjusted Weighted Average Diluted Shares Outstanding
563M 552M 547M 540M 528M 520M 511M 509.10M 509.47M 508.17M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
574.55M 555.16M 549.85M 544.21M 537.65M 524.67M 514.21M 508.06M 507.22M 507.55M
Normalized Net Operating Profit after Tax (NOPAT)
1,670 1,761 1,700 1,542 1,481 1,924 1,718 1,510 1,476 1,289
Normalized NOPAT Margin
12.43% 12.40% 11.10% 11.48% 12.85% 16.69% 14.89% 13.24% 13.29% 11.69%
Pre Tax Income Margin
11.41% 11.44% 10.46% 11.37% 12.73% 13.01% 12.50% 14.82% 15.34% 13.85%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
2.14 2.49 2.61 2.71 2.64 2.88 2.99 3.52 3.58 3.53
NOPAT to Interest Expense
2.55 2.69 2.85 2.82 2.66 2.61 2.64 2.40 2.38 2.27
EBIT Less CapEx to Interest Expense
-4.09 -3.34 -2.40 -2.50 -4.08 -2.86 -3.08 -1.64 -1.57 -2.95
NOPAT Less CapEx to Interest Expense
-3.68 -3.14 -2.17 -2.38 -4.07 -3.13 -3.43 -2.76 -2.77 -4.21
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
60.69% 61.66% 58.29% 58.55% 58.11% 57.65% 57.89% 62.80% 60.64% 61.69%
Augmented Payout Ratio
60.69% 61.66% 58.29% 58.55% 58.11% 57.65% 57.89% 62.80% 63.49% 61.69%

Quarterly Metrics And Ratios for Xcel Energy

This table displays calculated financial ratios and metrics derived from Xcel Energy's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
7.04% -9.36% -0.49% 0.20% -10.56% -15.08% -10.29% -11.74% 8.77% 20.80% 17.74%
EBITDA Growth
5.08% -7.03% 6.11% 18.16% 11.23% 5.37% 1.35% -9.94% 11.73% 16.58% 10.24%
EBIT Growth
-1.30% -28.20% 3.49% 9.79% 19.90% 8.65% 0.99% -7.34% 13.11% 22.86% 10.58%
NOPAT Growth
7.80% 49.22% 4.11% 5.27% 9.53% 5.21% -0.34% -0.61% 11.74% 17.97% 12.29%
Net Income Growth
-1.02% 13.45% 3.96% 4.86% 16.75% 7.92% 1.08% -12.20% 10.00% 20.32% 6.57%
EPS Growth
-4.55% 9.46% 1.68% 3.85% 15.79% 7.25% 0.85% -13.33% 8.57% 18.97% 4.42%
Operating Cash Flow Growth
-2.10% -31.83% -8.48% 29.63% -31.69% 27.32% 60.98% 8.25% 34.82% 25.41% 8.17%
Free Cash Flow Firm Growth
-90.24% -106.32% -65.56% -26.44% -12.59% 21.33% 49.51% 13.97% 22.59% 15.67% -8.13%
Invested Capital Growth
11.65% 10.32% 8.02% 8.05% 7.36% 5.75% 5.97% 7.08% 7.05% 7.27% 10.64%
Revenue Q/Q Growth
25.19% -14.38% 20.34% -17.02% 6.01% -6.01% 21.18% -25.93% 0.67% -0.71% 19.22%
EBITDA Q/Q Growth
25.83% -31.01% 37.77% -12.13% 11.32% -21.26% 53.42% -17.29% 5.45% -24.26% 36.32%
EBIT Q/Q Growth
64.82% -56.32% 101.70% -32.03% 19.90% -37.04% 113.99% -25.78% 8.65% -41.47% 96.33%
NOPAT Q/Q Growth
-19.63% 7.38% 41.70% -11.84% 11.25% -25.08% 43.28% -8.27% 6.85% -29.03% 42.88%
Net Income Q/Q Growth
4.09% -31.96% 125.83% -38.11% 19.32% -37.65% 127.78% -31.10% 10.29% -41.60% 97.87%
EPS Q/Q Growth
3.70% -33.06% 124.07% -38.64% 18.92% -37.82% 128.85% -31.58% 10.14% -41.53% 96.67%
Operating Cash Flow Q/Q Growth
54.82% -61.77% 45.97% 13.33% 7.80% -48.68% 106.75% -40.27% 100.92% -35.11% 39.03%
Free Cash Flow Firm Q/Q Growth
-25.34% -41.17% 8.82% -17.91% -35.93% -13.28% 30.36% -4.99% 5.02% 27.30% -18.67%
Invested Capital Q/Q Growth
3.35% 4.57% 1.46% 1.82% 2.12% 2.39% 1.49% 1.18% 0.58% 2.60% 2.56%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
43.14% 41.28% 51.13% 45.97% 43.98% 44.39% 49.45% 39.15% 35.71% 33.75% 43.85%
EBITDA Margin
37.05% 36.86% 45.75% 39.96% 37.74% 35.94% 42.90% 33.88% 30.34% 28.97% 37.97%
Operating Margin
17.33% 11.12% 25.00% 14.83% 18.61% 16.71% 24.99% 13.83% 14.04% 12.95% 22.64%
EBIT Margin
17.51% 13.30% 26.07% 15.55% 18.99% 16.79% 25.07% 14.20% 14.17% 13.13% 22.27%
Profit (Net Income) Margin
12.37% 14.87% 18.72% 9.97% 13.37% 11.88% 17.91% 9.53% 10.25% 9.35% 15.90%
Tax Burden Percent
114.46% 277.84% 98.55% 141.12% 105.86% 112.36% 94.25% 144.00% 114.52% 116.98% 93.65%
Interest Burden Percent
61.70% 40.24% 72.84% 45.44% 66.52% 62.98% 75.82% 46.62% 63.15% 60.90% 76.24%
Effective Tax Rate
-14.46% -177.84% 1.45% -41.12% -5.86% -12.36% 5.75% -44.00% -14.52% -16.98% 6.35%
Return on Invested Capital (ROIC)
6.04% 9.49% 8.02% 6.92% 6.61% 6.59% 8.83% 7.84% 6.57% 6.10% 8.48%
ROIC Less NNEP Spread (ROIC-NNEP)
4.93% 7.51% 7.12% 5.55% 5.64% 5.57% 7.92% 6.43% 5.49% 5.03% 7.44%
Return on Net Nonoperating Assets (RNNOA)
6.84% 10.18% 9.30% 7.72% 7.71% 7.58% 10.65% 8.71% 7.42% 6.81% 9.78%
Return on Equity (ROE)
12.89% 19.67% 17.32% 14.64% 14.33% 14.17% 19.49% 16.55% 13.99% 12.91% 18.26%
Cash Return on Invested Capital (CROIC)
-4.16% -2.94% -0.99% -1.02% -0.36% 1.09% 0.97% 0.07% 0.25% -0.09% -3.15%
Operating Return on Assets (OROA)
3.47% 2.67% 5.43% 3.31% 4.14% 3.81% 6.05% 3.58% 3.73% 3.38% 5.54%
Return on Assets (ROA)
2.45% 2.98% 3.90% 2.12% 2.91% 2.70% 4.32% 2.40% 2.69% 2.41% 3.95%
Return on Common Equity (ROCE)
12.89% 19.67% 17.32% 14.64% 14.33% 14.17% 19.49% 16.55% 13.99% 12.91% 18.26%
Return on Equity Simple (ROE_SIMPLE)
9.75% 0.00% 9.72% 10.33% 10.32% 0.00% 10.06% 10.25% 10.55% 0.00% 10.21%
Net Operating Profit after Tax (NOPAT)
775 964 898 634 719 646 862 602 656 614 865
NOPAT Margin
19.84% 30.90% 24.64% 20.93% 19.70% 18.77% 23.55% 19.92% 16.08% 15.15% 21.20%
Net Nonoperating Expense Percent (NNEP)
1.12% 1.99% 0.90% 1.37% 0.97% 1.02% 0.91% 1.41% 1.08% 1.07% 1.04%
Return On Investment Capital (ROIC_SIMPLE)
1.49% 1.95% - - - 1.44% - - - 1.45% -
Cost of Revenue to Revenue
56.86% 58.72% 48.87% 54.03% 56.02% 55.61% 50.55% 60.85% 64.29% 66.25% 56.15%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
25.81% 30.16% 26.13% 31.14% 25.38% 27.69% 24.47% 25.31% 21.67% 20.80% 21.22%
Earnings before Interest and Taxes (EBIT)
684 415 950 471 693 578 918 429 578 532 909
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
1,447 1,150 1,667 1,210 1,377 1,237 1,571 1,024 1,238 1,174 1,550
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
2.05 1.97 1.88 1.65 1.65 1.87 1.76 1.95 2.10 2.14 2.01
Price to Tangible Book Value (P/TBV)
2.05 1.97 1.88 1.65 1.65 1.87 1.76 1.95 2.10 2.14 2.01
Price to Revenue (P/Rev)
2.97 2.86 2.65 2.15 2.13 2.32 2.05 2.16 2.26 2.33 2.25
Price to Earnings (P/E)
21.06 19.86 19.35 16.00 15.95 18.58 17.45 18.99 19.95 20.58 19.69
Dividend Yield
3.13% 3.23% 3.31% 4.00% 3.96% 3.49% 3.72% 3.37% 3.08% 2.99% 3.19%
Earnings Yield
4.75% 5.03% 5.17% 6.25% 6.27% 5.38% 5.73% 5.27% 5.01% 4.86% 5.08%
Enterprise Value to Invested Capital (EV/IC)
1.43 1.40 1.37 1.26 1.26 1.35 1.31 1.39 1.46 1.47 1.42
Enterprise Value to Revenue (EV/Rev)
4.94 4.78 4.38 3.95 3.88 3.97 3.59 3.65 3.69 3.78 3.72
Enterprise Value to EBITDA (EV/EBITDA)
12.36 11.89 10.98 10.08 10.26 11.12 10.61 11.14 11.30 11.66 11.33
Enterprise Value to EBIT (EV/EBIT)
26.85 25.40 22.40 20.45 20.40 22.52 21.63 22.69 23.22 23.98 23.48
Enterprise Value to NOPAT (EV/NOPAT)
21.97 21.34 21.23 19.43 19.30 20.84 19.90 20.77 21.34 22.00 21.43
Enterprise Value to Operating Cash Flow (EV/OCF)
14.65 13.84 12.18 10.64 11.04 10.58 10.38 12.63 13.31 14.73 14.40
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 127.24 139.03 2,183.62 605.88 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
1.62 1.54 1.53 1.69 1.59 1.55 1.55 1.57 1.54 1.55 1.53
Long-Term Debt to Equity
1.53 1.44 1.47 1.60 1.53 1.47 1.49 1.48 1.42 1.43 1.48
Financial Leverage
1.39 1.36 1.31 1.39 1.37 1.36 1.34 1.36 1.35 1.36 1.31
Leverage Ratio
3.67 3.61 3.60 3.72 3.65 3.65 3.65 3.68 3.65 3.69 3.72
Compound Leverage Factor
2.27 1.45 2.63 1.69 2.43 2.30 2.76 1.72 2.31 2.25 2.84
Debt to Total Capital
61.85% 60.56% 60.45% 62.82% 61.41% 60.77% 60.84% 61.11% 60.55% 60.76% 60.52%
Short-Term Debt to Total Capital
3.51% 3.63% 2.45% 3.43% 2.20% 2.98% 2.38% 3.67% 4.64% 4.62% 1.95%
Long-Term Debt to Total Capital
58.34% 56.93% 58.00% 59.39% 59.21% 57.79% 58.46% 57.44% 55.91% 56.13% 58.57%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
38.15% 39.44% 39.55% 37.18% 38.59% 39.23% 39.16% 38.89% 39.45% 39.24% 39.48%
Debt to EBITDA
5.87 5.55 5.39 5.62 5.45 5.38 5.37 5.33 5.06 5.20 5.23
Net Debt to EBITDA
4.93 4.77 4.35 4.58 4.62 4.63 4.55 4.54 4.36 4.47 4.47
Long-Term Debt to EBITDA
5.53 5.22 5.17 5.32 5.26 5.12 5.16 5.01 4.68 4.80 5.06
Debt to NOPAT
10.43 9.96 10.41 10.84 10.26 10.09 10.07 9.94 9.56 9.81 9.90
Net Debt to NOPAT
8.76 8.57 8.42 8.83 8.69 8.67 8.52 8.45 8.23 8.43 8.46
Long-Term Debt to NOPAT
9.84 9.36 9.99 10.25 9.89 9.60 9.68 9.34 8.83 9.06 9.58
Altman Z-Score
0.83 0.80 0.84 0.74 0.77 0.82 0.84 0.86 0.91 0.91 0.92
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.80 0.67 0.93 0.97 0.86 0.72 0.87 0.80 0.75 0.85 1.04
Quick Ratio
0.49 0.37 0.63 0.65 0.50 0.42 0.53 0.45 0.40 0.47 0.52
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-4,176 -3,332 -2,360 -2,588 -2,195 -1,615 -1,426 -2,047 -1,950 -2,053 -2,824
Operating Cash Flow to CapEx
51.71% 29.95% 97.64% 64.99% 68.31% 60.35% 115.66% 68.82% 121.50% 58.26% 91.75%
Free Cash Flow to Firm to Interest Expense
-13.52 -11.22 -7.74 -8.54 -7.93 -6.46 -5.59 -8.00 -8.02 -8.59 -11.91
Operating Cash Flow to Interest Expense
3.33 2.24 5.70 3.93 3.79 3.90 7.44 3.59 6.33 3.20 4.97
Operating Cash Flow Less CapEx to Interest Expense
-3.11 -5.23 -0.14 -2.12 -1.76 -2.56 1.01 -1.63 1.12 -2.29 -0.45
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.20 0.20 0.21 0.21 0.22 0.23 0.24 0.25 0.26 0.26 0.25
Accounts Receivable Turnover
6.76 6.33 7.01 7.18 6.76 6.12 7.52 8.17 7.85 7.03 7.97
Inventory Turnover
11.97 10.59 11.12 11.94 12.71 10.87 11.55 14.86 17.80 13.18 12.23
Fixed Asset Turnover
0.25 0.25 0.26 0.27 0.27 0.28 0.30 0.32 0.33 0.33 0.32
Accounts Payable Turnover
4.39 4.23 4.67 5.22 5.46 4.74 5.94 6.52 7.44 5.88 6.14
Days Sales Outstanding (DSO)
54.03 57.69 52.09 50.81 54.00 59.69 48.53 44.65 46.48 51.95 45.80
Days Inventory Outstanding (DIO)
30.49 34.46 32.81 30.57 28.71 33.59 31.60 24.56 20.50 27.69 29.84
Days Payable Outstanding (DPO)
83.14 86.31 78.15 69.94 66.79 77.02 61.48 56.01 49.04 62.05 59.49
Cash Conversion Cycle (CCC)
1.38 5.84 6.75 11.44 15.92 16.25 18.65 13.19 17.94 17.59 16.15
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
47,445 45,908 43,900 43,268 42,494 41,612 40,642 40,046 39,580 39,351 38,354
Invested Capital Turnover
0.30 0.31 0.33 0.33 0.34 0.35 0.38 0.39 0.41 0.40 0.40
Increase / (Decrease) in Invested Capital
4,951 4,296 3,258 3,222 2,914 2,261 2,288 2,649 2,606 2,667 3,689
Enterprise Value (EV)
67,656 64,247 60,312 54,387 53,419 56,356 53,146 55,546 57,632 57,918 54,385
Market Capitalization
40,673 38,455 36,405 29,677 29,361 32,900 30,388 32,934 35,398 35,727 32,926
Book Value per Share
$34.47 $34.00 $34.71 $32.31 $32.09 $31.92 $31.38 $30.73 $30.59 $30.47 $29.95
Tangible Book Value per Share
$34.47 $34.00 $34.71 $32.31 $32.09 $31.92 $31.38 $30.73 $30.59 $30.47 $29.95
Total Capital
51,911 49,503 48,930 48,287 46,232 44,904 44,200 43,490 42,636 42,490 41,499
Total Debt
32,107 29,981 29,578 30,333 28,391 27,288 26,891 26,576 25,818 25,815 25,115
Total Long-Term Debt
30,285 28,183 28,379 28,677 27,376 25,951 25,840 24,981 23,838 23,851 24,306
Net Debt
26,983 25,792 23,907 24,710 24,058 23,456 22,758 22,612 22,234 22,191 21,459
Capital Expenditures (CapEx)
1,988 2,217 1,779 1,831 1,537 1,614 1,641 1,334 1,265 1,313 1,285
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-787 -629 -914 -377 -293 -479 -360 57 361 640 423
Debt-free Net Working Capital (DFNWC)
449 -336 810 1,455 294 -246 380 565 572 1,030 996
Net Working Capital (NWC)
-1,373 -2,134 -389 -201 -721 -1,583 -671 -1,030 -1,408 -934 187
Net Nonoperating Expense (NNE)
292 500 216 332 231 237 206 314 238 235 216
Net Nonoperating Obligations (NNO)
27,641 26,386 24,548 25,314 24,653 23,996 23,333 23,132 22,762 22,676 21,970
Total Depreciation and Amortization (D&A)
763 735 717 739 684 659 653 595 660 642 641
Debt-free, Cash-free Net Working Capital to Revenue
-5.75% -4.68% -6.64% -2.74% -2.13% -3.37% -2.43% 0.37% 2.31% 4.18% 2.89%
Debt-free Net Working Capital to Revenue
3.28% -2.50% 5.89% 10.56% 2.13% -1.73% 2.56% 3.71% 3.66% 6.73% 6.82%
Net Working Capital to Revenue
-10.02% -15.88% -2.83% -1.46% -5.23% -11.14% -4.53% -6.76% -9.00% -6.10% 1.28%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.84 $0.81 $1.21 $0.54 $0.88 $0.74 $1.19 $0.52 $0.76 $0.69 $1.19
Adjusted Weighted Average Basic Shares Outstanding
575M 563M 564M 557M 556M 552M 552M 551M 551M 547M 548M
Adjusted Diluted Earnings per Share
$0.84 $0.81 $1.21 $0.54 $0.88 $0.74 $1.19 $0.52 $0.76 $0.69 $1.18
Adjusted Weighted Average Diluted Shares Outstanding
577M 563M 565M 557M 556M 552M 552M 552M 551M 547M 548M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
576.76M 574.55M 574.24M 557.50M 555.64M 555.16M 551.82M 551.53M 550.36M 549.85M 547.25M
Normalized Net Operating Profit after Tax (NOPAT)
474 243 898 314 475 403 894 293 401 368 865
Normalized NOPAT Margin
12.13% 7.79% 24.64% 10.38% 13.03% 11.69% 24.43% 9.68% 9.83% 9.07% 21.20%
Pre Tax Income Margin
10.80% 5.35% 18.99% 7.07% 12.63% 10.58% 19.01% 6.62% 8.95% 7.99% 16.98%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
2.21 1.40 3.11 1.55 2.50 2.31 3.60 1.68 2.38 2.23 3.84
NOPAT to Interest Expense
2.51 3.25 2.94 2.09 2.59 2.58 3.38 2.35 2.70 2.57 3.65
EBIT Less CapEx to Interest Expense
-4.22 -6.07 -2.72 -4.49 -3.05 -4.14 -2.84 -3.54 -2.83 -3.27 -1.59
NOPAT Less CapEx to Interest Expense
-3.93 -4.22 -2.89 -3.95 -2.95 -3.87 -3.05 -2.86 -2.51 -2.92 -1.77
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
62.20% 60.69% 61.08% 60.97% 60.46% 61.66% 61.57% 60.61% 58.12% 58.29% 59.27%
Augmented Payout Ratio
62.20% 60.69% 61.08% 60.97% 60.46% 61.66% 61.57% 60.61% 58.12% 58.29% 59.27%

Frequently Asked Questions About Xcel Energy's Financials

When does Xcel Energy's financial year end?

According to the most recent income statement we have on file, Xcel Energy's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Xcel Energy's net income changed over the last 9 years?

Xcel Energy's net income appears to be on an upward trend, with a most recent value of $1.94 billion in 2024, rising from $984 million in 2015. The previous period was $1.77 billion in 2023. See where experts think Xcel Energy is headed by visiting Xcel Energy's forecast page.

What is Xcel Energy's operating income?
Xcel Energy's total operating income in 2024 was $2.39 billion, based on the following breakdown:
  • Total Gross Profit: $6.15 billion
  • Total Operating Expenses: $3.76 billion
How has Xcel Energy revenue changed over the last 9 years?

Over the last 9 years, Xcel Energy's total revenue changed from $11.02 billion in 2015 to $13.44 billion in 2024, a change of 21.9%.

How much debt does Xcel Energy have?

Xcel Energy's total liabilities were at $50.51 billion at the end of 2024, a 8.7% increase from 2023, and a 79.0% increase since 2015.

How much cash does Xcel Energy have?

In the past 9 years, Xcel Energy's cash and equivalents has ranged from $0.00 in 2019 to $179 million in 2024, and is currently $179 million as of their latest financial filing in 2024.

How has Xcel Energy's book value per share changed over the last 9 years?

Over the last 9 years, Xcel Energy's book value per share changed from 20.89 in 2015 to 34.00 in 2024, a change of 62.7%.



This page (NASDAQ:XEL) was last updated on 5/29/2025 by MarketBeat.com Staff
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