XEL Q1 2024 Earnings — Xcel Energy Inc. Revenue & Financial Results | Market Cap Arena

XELXcel Energy Inc.

$51B

Q1 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.6B-10.6% YoY

Gross Profit

$1.6B44.0% margin

Operating Income

$679M18.6% margin

Net Income

$488M13.4% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

-$487M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$65.6B

Total Liabilities

$47.7B

Stockholders' Equity

$17.8B

Cash & Equivalents

$501M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.6B	$4.1B	-10.6%
Gross Profit	$1.6B	$1.5B	+10.2%
Operating Income	$679M	$573M	+18.5%
Net Income	$488M	$418M	+16.7%

Revenue Segments

Regulated Electric

$2.7B74%

Regulated Natural Gas

$942M26%