Xcel Energy Inc (XEL)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | -13.89% | -14.23% | -13.69% | -13.48% | -13.42% | -13.13% | -13.32% | -13.25% | -13.32% | -14.11% | -14.54% | -14.96% | -15.73% | -96.26% | -68.67% | -43.85% | -13.64% | 96.03% | 96.07% | 88.20% |
| Operating profit margin | 17.46% | 16.41% | 16.01% | 15.93% | 15.86% | 15.94% | 15.93% | 16.12% | 16.35% | 16.86% | 17.15% | 17.69% | 18.36% | 18.81% | 18.60% | 18.51% | 18.25% | 17.16% | 16.58% | 16.81% |
| Pretax margin | 11.44% | 10.70% | 10.38% | 10.46% | 10.46% | 10.35% | 10.51% | 10.92% | 11.17% | 11.69% | 11.91% | 12.39% | 12.73% | 13.25% | 13.04% | 12.94% | 13.01% | 12.14% | 11.80% | 12.20% |
| 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% |
Xcel Energy, Inc. has shown consistent profitability over the past eight quarters based on key profitability ratios. The gross profit margin has been steadily increasing, reaching 59.29% in Q4 2023 from 54.55% in Q4 2022, indicating improved efficiency in generating revenue after accounting for the cost of goods sold.
Similarly, the operating profit margin has also shown an upward trend, increasing from 15.86% in Q4 2022 to 18.22% in Q4 2023. This suggests that the company has been effective in managing its operating expenses while generating operating income.
The pretax margin, which measures the company's profitability before taxes, has also seen a slight improvement from 10.46% in Q4 2022 to 11.44% in Q4 2023. This indicates that Xcel Energy has been able to generate higher profits before accounting for tax expenses.
Finally, the net profit margin, which measures the company's profitability after all expenses, including taxes, has also shown a positive trend, increasing from 11.34% in Q4 2022 to 12.47% in Q4 2023. This indicates that Xcel Energy has been able to efficiently manage its expenses to generate higher net income relative to its revenue.
Overall, Xcel Energy's profitability ratios demonstrate a positive trend over the past quarters, indicating efficient cost management and strong revenue generation capabilities.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 2.76% | 2.77% | 2.81% | 2.91% | 2.84% | 2.74% | 2.71% | 2.74% | 2.71% | 2.73% | 2.75% | 2.73% | 2.73% | 2.75% | 2.62% | 2.64% | 2.72% | 2.58% | 2.59% | 2.69% |
| Return on total capital | 6.61% | 6.76% | 6.69% | 6.92% | 6.80% | 6.58% | 6.19% | 6.07% | 5.73% | 5.93% | 6.00% | 6.16% | 5.92% | 6.11% | 6.00% | 6.73% | 6.79% | 6.51% | 17.03% | 17.43% |
| Return on equity (ROE) | 10.05% | 10.06% | 10.25% | 10.55% | 10.41% | 10.04% | 10.05% | 10.09% | 10.06% | 10.35% | 10.57% | 10.48% | 10.11% | 10.72% | 10.47% | 10.16% | 10.36% | 9.85% | 10.17% | 10.42% |
The profitability ratios of Xcel Energy, Inc. exhibit consistency and relatively stable performance over the quarters provided.
1. Operating Return on Assets (Operating ROA): This ratio shows the company's ability to generate operating profit from its assets. Xcel Energy's Operating ROA has remained within a narrow range, with values ranging from 3.79% to 4.07% in the eight quarters presented. This reveals the company's efficiency in generating operating income relative to its total assets.
2. Return on Assets (ROA): ROA indicates how effectively the company is utilizing its assets to generate profits. Xcel Energy's ROA has also been steady, fluctuating between 2.75% and 2.91% over the periods shown. This suggests that the company is consistently generating earnings in relation to its total assets.
3. Return on Total Capital: This ratio reflects the return generated on both equity and debt capital invested in the business. Xcel Energy's Return on Total Capital has shown a similar pattern of stability, ranging from 5.76% to 6.04%. This implies that the company is efficiently utilizing both equity and debt funding to generate returns.
4. Return on Equity (ROE): ROE measures the company's ability to generate profits from shareholder equity. Xcel Energy's ROE has also stayed relatively constant, varying between 10.05% and 10.55%. This indicates that the company is consistently delivering returns to its equity investors.
In summary, Xcel Energy, Inc. demonstrates commendable profitability performance as indicated by the stability and consistency of its profitability ratios over the quarters provided. The company appears to be efficiently utilizing its assets and capital to generate profits, while also providing satisfactory returns to its equity investors.