Xcel Energy Inc (XEL)

Return on assets (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
Net income (ttm)	US$ in thousands	1,936,000	1,881,000	1,855,000	1,841,000	1,771,000	1,741,000	1,734,000	1,774,000	1,736,000	1,672,000	1,632,000	1,615,000	1,597,000	1,570,000	1,564,000	1,540,000	1,473,000	1,477,000	1,401,000	1,352,000
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
ROA		2.76%	2.71%	2.73%	2.81%	2.76%	2.77%	2.81%	2.91%	2.84%	2.79%	2.75%	2.79%	2.76%	2.73%	2.75%	2.73%	2.73%	2.75%	2.62%	2.64%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,936,000K ÷ $70,035,000K
= 2.76%

Xcel Energy Inc's return on assets (ROA) has shown a relatively stable trend over the analyzed period, ranging from 2.62% to 2.91%. The company's ROA reached its peak in March 2024 at 2.91% and has remained above 2.70% for the majority of the period. This indicates that Xcel Energy Inc has been generating a consistent level of profits relative to its total assets, reflecting efficient asset utilization. However, the slight fluctuations in ROA suggest that the company's profitability may have been influenced by external factors or changes in its operations. Overall, the company's ROA performance demonstrates a solid ability to generate returns from its asset base, which is essential for sustainable financial health and value creation for investors.