Xcel Energy (XEL) Revenue & Revenue Breakdown
Xcel Energy Revenue Highlights
Latest Revenue (Y)
$14.21B
Latest Revenue (Q)
$3.03B
Main Segment (Y)
Product
Xcel Energy Revenue by Period
Xcel Energy Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $14.21B | -7.21% |
| 2022-12-31 | $15.31B | 13.99% |
| 2021-12-31 | $13.43B | 16.53% |
| 2020-12-31 | $11.53B | -0.03% |
| 2019-12-31 | $11.53B | -0.07% |
| 2018-12-31 | $11.54B | 1.17% |
| 2017-12-31 | $11.40B | 2.67% |
| 2016-12-31 | $11.11B | 0.75% |
| 2015-12-31 | $11.02B | -5.66% |
| 2014-12-31 | $11.69B | 7.07% |
| 2013-12-31 | $10.91B | 7.77% |
| 2012-12-31 | $10.13B | -4.94% |
| 2011-12-31 | $10.65B | 3.33% |
| 2010-12-31 | $10.31B | 6.93% |
| 2009-12-31 | $9.64B | -13.93% |
| 2008-12-31 | $11.20B | 11.65% |
| 2007-12-31 | $10.03B | 1.97% |
| 2006-12-31 | $9.84B | 2.23% |
| 2005-12-31 | $9.63B | 15.34% |
| 2004-12-31 | $8.35B | 5.14% |
| 2003-12-31 | $7.94B | -16.66% |
| 2002-12-31 | $9.52B | -35.69% |
| 2001-12-31 | $14.81B | 29.82% |
| 2000-12-31 | $11.41B | 297.67% |
| 1999-12-31 | $2.87B | 1.77% |
| 1998-12-31 | $2.82B | 3.12% |
| 1997-12-31 | $2.73B | 3.00% |
| 1996-12-31 | $2.65B | 3.33% |
| 1995-12-31 | $2.57B | 3.30% |
| 1994-12-31 | $2.49B | 3.43% |
| 1993-12-31 | $2.40B | - |
Xcel Energy generated $14.21B in revenue during NA 2023, up -7.21% compared to the previous quarter, and up 123.13% compared to the same period a year ago.
Xcel Energy Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $3.03B | -17.20% |
| 2024-03-31 | $3.66B | 6.25% |
| 2023-12-31 | $3.44B | -6.01% |
| 2023-09-30 | $3.66B | 21.18% |
| 2023-06-30 | $3.02B | -25.93% |
| 2023-03-31 | $4.08B | 0.67% |
| 2022-12-31 | $4.05B | -0.71% |
| 2022-09-30 | $4.08B | 19.22% |
| 2022-06-30 | $3.42B | -8.72% |
| 2022-03-31 | $3.75B | 11.80% |
| 2021-12-31 | $3.35B | -3.23% |
| 2021-09-30 | $3.47B | 13.01% |
| 2021-06-30 | $3.07B | -13.36% |
| 2021-03-31 | $3.54B | 20.16% |
| 2020-12-31 | $2.95B | -7.39% |
| 2020-09-30 | $3.18B | 23.05% |
| 2020-06-30 | $2.59B | -8.00% |
| 2020-03-31 | $2.81B | 0.46% |
| 2019-12-31 | $2.80B | -7.14% |
| 2019-09-30 | $3.01B | 16.92% |
| 2019-06-30 | $2.58B | -17.96% |
| 2019-03-31 | $3.14B | 9.06% |
| 2018-12-31 | $2.88B | -5.51% |
| 2018-09-30 | $3.05B | 14.67% |
| 2018-06-30 | $2.66B | -9.93% |
| 2018-03-31 | $2.95B | 5.54% |
| 2017-12-31 | $2.80B | -7.32% |
| 2017-09-30 | $3.02B | 14.06% |
| 2017-06-30 | $2.64B | -10.23% |
| 2017-03-31 | $2.95B | 5.43% |
| 2016-12-31 | $2.79B | -8.08% |
| 2016-09-30 | $3.04B | 21.61% |
| 2016-06-30 | $2.50B | -9.83% |
| 2016-03-31 | $2.77B | 4.78% |
| 2015-12-31 | $2.65B | -8.81% |
| 2015-09-30 | $2.90B | 15.35% |
| 2015-06-30 | $2.52B | -15.09% |
| 2015-03-31 | $2.96B | 1.15% |
| 2014-12-31 | $2.93B | 2.05% |
| 2014-09-30 | $2.87B | 6.88% |
| 2014-06-30 | $2.69B | -16.16% |
| 2014-03-31 | $3.20B | 17.28% |
| 2013-12-31 | $2.73B | -3.24% |
| 2013-09-30 | $2.82B | 9.44% |
| 2013-06-30 | $2.58B | -7.33% |
| 2013-03-31 | $2.78B | 9.08% |
| 2012-12-31 | $2.55B | -6.36% |
| 2012-09-30 | $2.72B | 19.77% |
| 2012-06-30 | $2.27B | -11.77% |
| 2012-03-31 | $2.58B | 0.38% |
| 2011-12-31 | $2.57B | -9.29% |
| 2011-09-30 | $2.83B | 16.13% |
| 2011-06-30 | $2.44B | -13.43% |
| 2011-03-31 | $2.82B | 9.72% |
| 2010-12-31 | $2.57B | -2.35% |
| 2010-09-30 | $2.63B | 13.91% |
| 2010-06-30 | $2.31B | -17.80% |
| 2010-03-31 | $2.81B | 7.23% |
| 2009-12-31 | $2.62B | 13.11% |
| 2009-09-30 | $2.31B | 14.80% |
| 2009-06-30 | $2.02B | -25.21% |
| 2009-03-31 | $2.70B | -0.44% |
| 2008-12-31 | $2.71B | -5.05% |
| 2008-09-30 | $2.85B | 9.03% |
| 2008-06-30 | $2.62B | -13.63% |
| 2008-03-31 | $3.03B | 16.33% |
| 2007-12-31 | $2.60B | - |
Xcel Energy generated $3.03B in revenue during Q2 2024, up -17.20% compared to the previous quarter, and up 74.22% compared to the same period a year ago.
Xcel Energy Revenue Breakdown
Xcel Energy Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Other Services | $219.00M | - | - | - | - |
| Transmission Services | $649.00M | - | - | - | - |
| Wholesale Distribution | $815.00M | - | - | - | - |
| Alternative and Other | $615.00M | - | - | - | - |
| Retail Distribution | $11.91B | - | - | - | - |
| Product | $13.59B | - | - | - | - |
| Regulated Electric Segment | - | $12.13B | $11.21B | $9.80B | - |
| Regulated Natural Gas Segment | - | $3.08B | $2.13B | $1.64B | - |
| Other Segments | - | $107.00M | $94.00M | $88.00M | $86.00M |
| Electricity, US Regulated | - | - | - | - | $9.58B |
| Natural Gas, US Regulated | - | - | - | - | $1.87B |
Xcel Energy's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (48.89%), Retail Distribution (42.84%), Wholesale Distribution (2.93%), Transmission Services (2.33%), Alternative and Other (2.21%), and Other Services (0.79%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Regulated Electric | $5.34B | $2.69B | $2.60B | $2.76B | $2.87B | $3.70B | $2.92B | $2.63B | $2.56B | $3.18B | $2.60B | $2.87B | $2.37B | $189.00M | - | - | - | - | - | - |
| Regulated Natural Gas | $1.30B | $942.00M | $393.00M | $1.29B | $1.16B | $358.00M | $477.00M | $1.09B | $768.00M | $269.00M | $1.10B | $647.00M | $554.00M | - | - | - | - | - | - | - |
| Retail Distribution | - | - | $8.90B | $3.01B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Services | - | - | $177.00M | $42.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Product | - | - | $10.12B | $3.48B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Transmission Services | - | - | $471.00M | $178.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Wholesale Distribution | - | - | $571.00M | $244.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Alternative and Other | - | - | $428.00M | $187.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Segments | - | - | - | - | $28.00M | $29.00M | $28.00M | $26.00M | $25.00M | $28.00M | $25.00M | $23.00M | $22.00M | $24.00M | $21.00M | $22.00M | $20.00M | $25.00M | - | $20.00M |
| Electricity, US Regulated | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.94B | $2.29B | $2.20B | $7.35B | - |
| Natural Gas, US Regulated | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $219.00M | $281.00M | $583.00M | $1.32B | - |
Xcel Energy's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Regulated Electric (80.47%), and Regulated Natural Gas (19.53%).
Xcel Energy Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SO | Southern | $25.25B | $6.65B |
| AEP | American Electric Power | $18.98B | $4.63B |
| XEL | Xcel Energy | $14.21B | $3.03B |
| FE | FirstEnergy | $12.87B | $3.28B |
| DTE | DTE Energy | $12.74B | $2.88B |
| ETR | Entergy | $12.15B | $2.95B |
| CNP | CenterPoint Energy | $8.70B | $1.91B |
| AEE | Ameren | $7.50B | $1.69B |
| CMS | CMS Energy | $7.46B | $1.61B |
| EVRG | Evergy | $5.49B | $1.33B |
| PNW | Pinnacle West Capital | $4.70B | $1.31B |
| LNT | Alliant Energy | $4.03B | $799.00M |
| MGEE | MGE Energy | $690.43M | $191.34M |
XEL Revenue FAQ
What is Xcel Energy’s yearly revenue?
Xcel Energy's yearly revenue for 2023 was $14.21B, representing a decrease of -7.21% compared to 2022. The company's yearly revenue for 2022 was $15.31B, representing an increase of 13.99% compared to 2021. XEL's yearly revenue for 2021 was $13.43B, representing an increase of 16.53% compared to 2020.
What is Xcel Energy’s quarterly revenue?
Xcel Energy's quarterly revenue for Q2 2024 was $3.03B, a -17.20% decrease from the previous quarter (Q1 2024), and a 0.20% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $3.66B, a 6.25% increase from the previous quarter (Q4 2023), and a -10.37% decrease year-over-year (Q1 2023). XEL's quarterly revenue for Q4 2023 was $3.44B, a -6.01% decrease from the previous quarter (Q3 2023), and a -15.08% decrease year-over-year (Q4 2022).
What is Xcel Energy’s revenue growth rate?
Xcel Energy's revenue growth rate for the last 3 years (2021-2023) was 5.77%, and for the last 5 years (2019-2023) was 23.22%.
What are Xcel Energy’s revenue streams?
Xcel Energy's revenue streams in c 23 are Other Services, Transmission Services, Wholesale Distribution, Alternative and Other, Retail Distribution, and Product. Other Services generated $219M in revenue, accounting 0.79% of the company's total revenue Transmission Services generated $649M in revenue, accounting 2.33% of the company's total revenue Wholesale Distribution generated $815M in revenue, accounting 2.93% of the company's total revenue Alternative and Other generated $615M in revenue, accounting 2.21% of the company's total revenue Retail Distribution generated $11.91B in revenue, accounting 42.84% of the company's total revenue Product generated $13.59B in revenue, accounting 48.89% of the company's total revenue
What is Xcel Energy’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Xcel Energy was Product. This segment made a revenue of $13.59B, representing 48.89% of the company's total revenue.