XEL Q2 2024 Earnings — Xcel Energy Inc. Revenue & Financial Results | Market Cap Arena

XELXcel Energy Inc.

$51B

Q2 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.0B+0.2% YoY

Gross Profit

$1.4B46.0% margin

Operating Income

$449M14.8% margin

Net Income

$302M10.0% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

-17.0%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

-$641M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$67.9B

Total Liabilities

$50.0B

Stockholders' Equity

$18.0B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.0B	+0.2%
Gross Profit	$1.4B	$1.2B	+17.7%
Operating Income	$449M	$418M	+7.4%
Net Income	$302M	$288M	+4.9%

Revenue Segments

Regulated Electric

$5.3B80%

Regulated Natural Gas

$1.3B20%