XEL Q1 2023 Earnings — Xcel Energy Inc. Revenue & Financial Results | Market Cap Arena

XELXcel Energy Inc.

$51B

Q1 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$4.1B+8.8% YoY

Gross Profit

$1.5B35.7% margin

Operating Income

$573M14.0% margin

Net Income

$418M10.2% margin

EPS (Diluted)

$0.76

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$272M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$60.9B

Total Liabilities

$44.1B

Stockholders' Equity

$16.8B

Cash & Equivalents

$114M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.1B	$3.8B	+8.8%
Gross Profit	$1.5B	$1.3B	+9.1%
Operating Income	$573M	$510M	+12.4%
Net Income	$418M	$380M	+10.0%

Revenue Segments

Regulated Electric

$2.8B68%

Regulated Natural Gas

$1.3B32%

Other Segments

$29M1%