Xcel Energy Inc (XEL)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	1,771,000	1,741,000	1,734,000	1,774,000	1,736,000	1,645,000	1,605,000	1,588,000	1,570,000	1,570,000	1,564,000	1,540,000	1,473,000	1,477,000	1,401,000	1,352,000	1,372,000	1,294,000	1,258,000	1,285,000
Total stockholders’ equity	US$ in thousands	17,616,000	17,309,000	16,914,000	16,818,000	16,675,000	16,384,000	15,971,000	15,732,000	15,612,000	15,171,000	14,792,000	14,700,000	14,575,000	13,777,000	13,385,000	13,302,000	13,239,000	13,141,000	12,366,000	12,329,000
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%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,771,000K ÷ $17,616,000K
= 10.05%

To analyze Xcel Energy, Inc.'s return on equity (ROE) over the past eight quarters, we observe a relatively stable performance ranging from 10.05% to 10.55%. The ROE remained consistent around the 10% mark, indicating the company's ability to generate profits from shareholders' equity. The slight variations in ROE from quarter to quarter suggest a consistent and efficient management of assets to generate net income. Overall, Xcel Energy, Inc. has maintained a healthy ROE, reflecting its effective utilization of equity capital to generate returns for its shareholders.