XEL Q3 2023 Earnings — Xcel Energy Inc. Revenue & Financial Results | Market Cap Arena

XELXcel Energy Inc.

$51B

Q3 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.7B-10.3% YoY

Gross Profit

$1.8B49.5% margin

Operating Income

$915M25.0% margin

Net Income

$656M17.9% margin

EPS (Diluted)

$1.19

QoQ Revenue Growth

+21.2%

Cash Flow

Operating Cash Flow

$1.9B

Free Cash Flow

$257M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$62.9B

Total Liabilities

$45.6B

Stockholders' Equity

$17.3B

Cash & Equivalents

$594M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.7B	$4.1B	-10.3%
Gross Profit	$1.8B	$1.8B	+1.2%
Operating Income	$915M	$924M	-1.0%
Net Income	$656M	$649M	+1.1%

Revenue Segments

Regulated Electric

$8.8B97%

Regulated Natural Gas

$246M3%

Other Segments

$30M0%