Xcel Energy Inc (XEL)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	1,771,000	1,741,000	1,734,000	1,774,000	1,736,000	1,645,000	1,605,000	1,588,000	1,570,000	1,570,000	1,564,000	1,540,000	1,473,000	1,477,000	1,401,000	1,352,000	1,372,000	1,294,000	1,258,000	1,285,000
Revenue (ttm)	US$ in thousands	14,206,000	14,817,000	15,237,000	15,639,000	15,310,000	14,612,000	13,997,000	13,641,000	13,431,000	13,023,000	12,738,000	12,256,000	11,526,000	11,377,000	11,208,000	11,199,000	11,529,000	11,611,000	11,646,000	11,727,000
Net profit margin		12.47%	11.75%	11.38%	11.34%	11.34%	11.26%	11.47%	11.64%	11.69%	12.06%	12.28%	12.57%	12.78%	12.98%	12.50%	12.07%	11.90%	11.14%	10.80%	10.96%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,771,000K ÷ $14,206,000K
= 12.47%

The net profit margin of Xcel Energy, Inc. has demonstrated stability in recent quarters, hovering around the range of 11.34% to 12.47%. This indicates that the company effectively translates its revenues into profits after accounting for all expenses. Overall, the consistent net profit margin suggests that Xcel Energy is efficiently managing its costs and generating healthy levels of profitability relative to its revenue. However, it would be beneficial to monitor future trends to ensure sustainable financial performance.