Xcel Energy Inc. (XEL)

Xcel Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	13,686	14,091	15,203	13,337	11,438	11,443
Other Revenue	77	115	107	94	88	86
Revenue	13,763	14,206	15,310	13,431	11,526	11,529
Revenue Growth (YoY)	-7.11%	-7.21%	13.99%	16.53%	-0.03%	-0.07%
Fuel & Purchased Power	3,582	4,037	4,764	4,482	3,274	3,289
Operations & Maintenance	2,477	2,419	2,471	2,296	2,251	2,280
Selling, General & Admin	231	241	241	251	238	221
Depreciation & Amortization	2,683	2,448	2,413	2,121	1,948	1,765
Other Operating Expenses	2,079	2,448	2,962	2,076	1,707	1,896
Total Operating Expenses	11,052	11,593	12,851	11,226	9,418	9,451
Operating Income	2,711	2,613	2,459	2,205	2,108	2,078
Interest Expense	-1,201	-1,055	-953	-842	-840	-773
Net Interest Expense	-1,201	-1,055	-953	-842	-840	-773
Income (Loss) on Equity Investments	27	35	36	62	40	39
Allowance for Equity Funds for Construction	147	91	75	73	115	77
Allowance for Borrowed Funds for Construction	66	51	28	26	42	37
Other Non-Operating Income (Expenses)	-8	-3	27	62	2	42
EBT Excluding Unusual Items	1,742	1,732	1,672	1,586	1,467	1,500
Restructuring Charges	-72	-72	-	-	-	-
Legal Settlements	-1	-35	-	-	-	-
Other Unusual Items	62	-	-71	-59	-	-
Pretax Income	1,731	1,625	1,601	1,527	1,467	1,500
Income Tax Expense	-150	-146	-135	-70	-6	128
Net Income	1,881	1,771	1,736	1,597	1,473	1,372
Net Income to Common	1,881	1,771	1,736	1,597	1,473	1,372
Net Income Growth	8.04%	2.02%	8.70%	8.42%	7.36%	8.80%
Shares Outstanding (Basic)	558	552	547	539	527	519
Shares Outstanding (Diluted)	558	552	547	540	528	520
Shares Change (YoY)	1.18%	0.91%	1.30%	2.27%	1.54%	1.76%
EPS (Basic)	3.37	3.21	3.17	2.96	2.80	2.64
EPS (Diluted)	3.37	3.21	3.17	2.96	2.79	2.64
EPS Growth	6.51%	1.21%	7.09%	6.09%	5.68%	6.98%
Free Cash Flow	-1,810	-527	-706	-2,055	-2,521	-962
Free Cash Flow Per Share	-3.24	-0.95	-1.29	-3.81	-4.77	-1.85
Dividend Per Share	2.163	2.080	1.950	1.830	1.720	1.620
Dividend Growth	5.62%	6.67%	6.56%	6.40%	6.17%	6.58%
Profit Margin	13.67%	12.47%	11.34%	11.89%	12.78%	11.90%
Free Cash Flow Margin	-13.15%	-3.71%	-4.61%	-15.30%	-21.87%	-8.34%
EBITDA	5,510	5,180	5,013	4,462	4,190	3,982
EBITDA Margin	40.03%	36.46%	32.74%	33.22%	36.35%	34.54%
D&A For EBITDA	2,799	2,567	2,554	2,257	2,082	1,904
EBIT	2,711	2,613	2,459	2,205	2,108	2,078
EBIT Margin	19.70%	18.39%	16.06%	16.42%	18.29%	18.02%
Effective Tax Rate	-	-	-	-	-	8.53%
Revenue as Reported	13,763	14,206	15,310	13,431	11,526	11,529

Source: S&P Capital IQ. Utility template. Financial Sources.