Xcel Energy Inc (XEL)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,481,000 | 2,431,000 | 2,440,000 | 2,491,000 | 2,428,000 | 2,329,000 | 2,230,000 | 2,199,000 | 2,196,000 | 2,196,000 | 2,184,000 | 2,168,000 | 2,116,000 | 2,140,000 | 2,085,000 | 2,073,000 | 2,104,000 | 1,993,000 | 1,931,000 | 1,971,000 |
| Total assets | US$ in thousands | 64,079,000 | 62,870,000 | 61,658,000 | 60,945,000 | 61,188,000 | 59,975,000 | 59,317,000 | 57,985,000 | 57,851,000 | 57,517,000 | 56,779,000 | 56,511,000 | 53,957,000 | 53,708,000 | 53,456,000 | 51,133,000 | 50,448,000 | 50,240,000 | 48,584,000 | 47,850,000 |
| Operating ROA | 3.87% | 3.87% | 3.96% | 4.09% | 3.97% | 3.88% | 3.76% | 3.79% | 3.80% | 3.82% | 3.85% | 3.84% | 3.92% | 3.98% | 3.90% | 4.05% | 4.17% | 3.97% | 3.97% | 4.12% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,481,000K ÷ $64,079,000K
= 3.87%
The operating return on assets (operating ROA) for Xcel Energy, Inc. fluctuated slightly over the past eight quarters, ranging from 3.79% to 4.07%. The company's operating ROA remained relatively stable around the 4% mark, indicating that Xcel Energy has been effectively utilizing its assets to generate operating income. This consistent performance suggests that the company has been maintaining operational efficiency and profitability levels over the analyzed period. However, it is important to continue monitoring the trend to ensure sustained financial health and performance.
Peer comparison
Dec 31, 2023