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Income Statement
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XCEL ENERGY INC (XEL)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Regulated Electric  12,123.011,205.09,802.09,575.09,719.0  9,278.0
    Other  275.0209.0210.0169.0198.0   
    All Other  107.094.088.086.079.0  76.0
    Other  2,805.01,923.01,426.01,699.01,541.0  1,670.0
Total revenues   [+]15,310.013,431.011,526.011,529.011,537.011,404.011,107.011,024.0
            Revenue growth   [+]14.0%16.5%0.0%-0.1%1.2%2.7%0.8%-5.7%
Cost of goods sold  732.0668.0649.0609.0591.034.03,754.036.0
Gross profit  14,578.012,763.010,877.010,920.010,946.011,370.07,353.010,988.0
            Gross margin  95.2%95.0%94.4%94.7%94.9%99.7%66.2%99.7%
Selling, general and administrative   [+]181.0103.0110.0101.0127.0545.0532.0512.0
Equity in earnings  36.062.040.039.035.030.042.034.0
Other operating expenses  11,969.010,457.08,651.08,715.08,854.08,602.04,581.08,476.0
EBITDA   [+]4,900.04,408.04,115.03,928.03,659.03,748.03,601.03,177.0
            EBITDA margin  32.0%32.8%35.7%34.1%31.7%32.9%32.4%28.8%
Depreciation and amortization  2,436.02,143.01,959.01,785.01,659.01,495.01,319.01,143.0
EBIT   [+]2,464.02,265.02,156.02,143.02,000.02,253.02,282.02,034.0
            EBIT margin  16.1%16.9%18.7%18.6%17.3%19.8%20.5%18.5%
Interest expense, net   [+]953.0842.0840.0773.0700.0663.0647.0589.0
Other income (expense), net  90.0104.0151.0130.0142.0100.069.082.0
Pre-tax income  1,601.01,527.01,467.01,500.01,442.01,690.01,704.01,527.0
Income taxes  -135.0-70.0-6.0128.0181.0542.0581.0543.0
            Tax rate     8.5%12.6%32.1%34.1%35.6%
Net income  1,736.01,597.01,473.01,372.01,261.01,148.01,123.0984.0
            Net margin  11.3%11.9%12.8%11.9%10.9%10.1%10.1%8.9%
   
Basic EPS   [+]$3.17$2.96$2.80$2.64$2.47$2.26$2.21$1.94
Diluted EPS   [+]$3.17$2.96$2.79$2.64$2.47$2.26$2.21$1.94
   
Dividends per share   [+]     $1.44$1.36$1.28
   
Shares outstanding (basic)   [+]547.0539.0527.0519.0511.0509.0509.0507.8
Shares outstanding (diluted)   [+]547.0540.0528.0520.0511.0509.0509.0508.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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