Xcel Energy Inc (XEL)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,386,000 | 2,481,000 | 2,428,000 | 2,203,000 | 2,116,000 |
| Revenue | US$ in thousands | 13,441,000 | 14,206,000 | 15,310,000 | 13,431,000 | 11,526,000 |
| Operating profit margin | 17.75% | 17.46% | 15.86% | 16.40% | 18.36% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,386,000K ÷ $13,441,000K
= 17.75%
Based on the data provided, Xcel Energy Inc's operating profit margin has shown some fluctuation over the years. The operating profit margin was 18.36% as of December 31, 2020, which decreased to 16.40% by December 31, 2021. The trend continued with a further decrease to 15.86% by December 31, 2022.
However, there was a slight improvement in the operating profit margin to 17.46% by December 31, 2023, and a further increase to 17.75% by December 31, 2024. Overall, while there were some declines in the operating profit margin in the intervening years, the most recent data points to a positive trend with an increasing margin.
It is essential for the company to continue monitoring and managing its operating expenses and revenue generation effectively to sustain and potentially improve its operating profit margin in the future.
Peer comparison
Dec 31, 2024