Xcel Historical Income Statement
XEL Stock | USD 72.92 1.05 1.46% |
Historical analysis of Xcel Energy income statement accounts such as Total Revenue of 8.5 B, Gross Profit of 4.1 B, Operating Income of 1.7 B or Ebit of 2.8 B can show how well Xcel Energy performed in making a profits. Evaluating Xcel Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Xcel Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Xcel Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Xcel Energy is a good buy for the upcoming year.
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About Xcel Income Statement Analysis
Xcel Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Xcel Energy shareholders. The income statement also shows Xcel investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Xcel Energy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Xcel Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Xcel Energy minus its cost of goods sold. It is profit before Xcel Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Xcel Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Xcel Energy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Xcel Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Xcel Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xcel Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Xcel Stock please use our How to buy in Xcel Stock guide.At this time, Xcel Energy's EBIT is quite stable compared to the past year. Net Income is expected to rise to about 1.9 B this year, although the value of Gross Profit will most likely fall to about 4.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.3B | 5.9B | 5.9B | 4.1B | Total Revenue | 13.4B | 15.3B | 14.2B | 8.5B |
Xcel Energy income statement Correlations
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Xcel Energy Account Relationship Matchups
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Xcel Energy income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Revenue | 11.5B | 11.5B | 13.4B | 15.3B | 14.2B | 8.5B | |
Gross Profit | 4.7B | 5.0B | 5.3B | 5.9B | 5.9B | 4.1B | |
Operating Income | 2.1B | 2.1B | 2.2B | 2.4B | 2.5B | 1.7B | |
Ebit | 3.9B | 2.1B | 2.2B | 2.5B | 2.6B | 2.8B | |
Ebitda | 3.9B | 4.2B | 4.5B | 5.0B | 5.2B | 2.6B | |
Net Income | 1.4B | 1.5B | 1.6B | 1.7B | 1.8B | 1.9B | |
Income Tax Expense | 128M | (6M) | (70M) | (135M) | (146M) | (138.7M) | |
Depreciation And Amortization | 171.9K | 2.1B | 2.3B | 2.6B | 2.6B | 2.4B | |
Other Operating Expenses | 9.4B | 9.4B | 11.2B | 12.9B | 11.7B | 8.8B | |
Cost Of Revenue | 6.8B | 6.6B | 8.2B | 9.5B | 8.3B | 5.7B | |
Total Operating Expenses | 2.6B | 2.8B | 3.1B | 3.4B | 3.5B | 3.1B | |
Income Before Tax | 1.5B | 1.5B | 1.5B | 1.6B | 1.6B | 1.0B | |
Total Other Income Expense Net | (604M) | (649M) | (676M) | (827M) | (856M) | (813.2M) | |
Interest Expense | 710M | 798M | 816M | 893M | 1.0B | 953.8M | |
Selling General Administrative | 569M | 612M | 630M | 688M | 791.2M | 830.8M | |
Net Income Applicable To Common Shares | 1.4B | 1.5B | 1.6B | 1.7B | 2.0B | 1.0B | |
Net Income From Continuing Ops | 1.4B | 1.5B | 1.6B | 1.7B | 1.8B | 1.3B | |
Non Operating Income Net Other | 132M | 149M | 140M | 98M | 112.7M | 129.3M | |
Tax Provision | 128M | (6M) | (70M) | (135M) | (146M) | (138.7M) | |
Net Interest Income | (736M) | (798M) | (816M) | (925M) | (1.0B) | (1.1B) | |
Reconciled Depreciation | 1.9B | 2.1B | 2.1B | 2.4B | 2.6B | 2.3B |
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xcel Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Xcel Stock please use our How to buy in Xcel Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Xcel Energy. If investors know Xcel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Xcel Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.018 | Dividend Share 2.163 | Earnings Share 3.37 | Revenue Per Share 24.665 | Quarterly Revenue Growth (0.01) |
The market value of Xcel Energy is measured differently than its book value, which is the value of Xcel that is recorded on the company's balance sheet. Investors also form their own opinion of Xcel Energy's value that differs from its market value or its book value, called intrinsic value, which is Xcel Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xcel Energy's market value can be influenced by many factors that don't directly affect Xcel Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xcel Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xcel Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xcel Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.