Xcel Energy Inc (XEL)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,422,000 | 2,723,000 | 2,727,000 | 2,682,000 | 2,554,000 | 2,431,000 | 2,440,000 | 2,491,000 | 2,428,000 | 2,336,000 | 2,237,000 | 2,206,000 | 2,203,000 | 2,196,000 | 2,184,000 | 2,168,000 | 2,116,000 | 2,140,000 | 2,085,000 | 2,073,000 |
| Total assets | US$ in thousands | 70,035,000 | 69,286,000 | 67,927,000 | 65,585,000 | 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 |
| Operating ROA | 3.46% | 3.93% | 4.01% | 4.09% | 3.99% | 3.87% | 3.96% | 4.09% | 3.97% | 3.89% | 3.77% | 3.80% | 3.81% | 3.82% | 3.85% | 3.84% | 3.92% | 3.98% | 3.90% | 4.05% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,422,000K ÷ $70,035,000K
= 3.46%
Operating Return on Assets (ROA) is a financial ratio that provides insight into how efficiently a company generates profits from its assets used in operations. For Xcel Energy Inc, the operating ROA has fluctuated over the past few years, showing a general downward trend.
From March 31, 2020, to December 31, 2024, Xcel Energy Inc's operating ROA ranged from 3.46% to 4.09%. The ratio peaked at 4.09% in March 31, 2024, indicating that the company was able to generate a higher level of operating income relative to its total assets at that point in time.
However, the operating ROA declined to 3.46% by December 31, 2024, marking a significant decrease from the peak. This decline may suggest potential inefficiencies in the company's operations or a decrease in profitability relative to its asset base.
Overall, the fluctuation in Xcel Energy Inc's operating ROA over the period indicates variations in the company's ability to generate operating profits from its assets. Further analysis of the company's operational efficiency and profitability drivers may be needed to understand the reasons behind these fluctuations in the operating ROA.
Peer comparison
Dec 31, 2024