Xcel Energy Inc (XEL)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,534,000 | 1,625,000 | 1,601,000 | 1,527,000 | 1,467,000 |
| Revenue | US$ in thousands | 13,441,000 | 14,206,000 | 15,310,000 | 13,431,000 | 11,526,000 |
| Pretax margin | 11.41% | 11.44% | 10.46% | 11.37% | 12.73% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,534,000K ÷ $13,441,000K
= 11.41%
Based on the data provided, Xcel Energy Inc's pretax margin has shown a gradual decline from 12.73% as of December 31, 2020, to 11.41% as of December 31, 2024. The pretax margin represents the company's profitability before taxes relative to its total revenue.
The decreasing trend in the pretax margin may indicate challenges in managing expenses or generating higher revenues compared to costs. It is essential for the company to closely examine their cost structure and revenue generation strategies to maintain and improve profitability in the future. Additionally, investors and stakeholders should monitor this trend to assess the company's financial performance and sustainability over time.
Peer comparison
Dec 31, 2024