XCEL ENERGY INC (XEL) Stock Fundamental Analysis
NASDAQ:XEL - Nasdaq - US98389B1008 - Common Stock - Currency: USD
Overall XEL gets a fundamental rating of 3 out of 10. We evaluated XEL against 46 industry peers in the Electric Utilities industry. XEL has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, XEL is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
XEL had positive earnings in the past year.
In the past year XEL had a positive cash flow from operations.
Each year in the past 5 years XEL has been profitable.
XEL had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
XEL has a Return On Assets of 2.71%. This is comparable to the rest of the industry: XEL outperforms 51.35% of its industry peers.
XEL has a Return On Equity of 9.72%. This is comparable to the rest of the industry: XEL outperforms 59.46% of its industry peers.
XEL's Return On Invested Capital of 3.34% is on the low side compared to the rest of the industry. XEL is outperformed by 81.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.71% | ||
| ROE | 9.72% | ||
| ROIC | 3.34% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
XEL's Profit Margin of 13.67% is in line compared to the rest of the industry. XEL outperforms 51.35% of its industry peers.
XEL's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 19.52%, XEL is not doing good in the industry: 62.16% of the companies in the same industry are doing better.
XEL's Operating Margin has been stable in the last couple of years.
The Gross Margin of XEL (92.30%) is better than 97.30% of its industry peers.
In the last couple of years the Gross Margin of XEL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.52% | ||
| PM (TTM) | 13.67% | ||
| GM | 92.3% |
OM growth 3Y2.67%
OM growth 5Y-0.62%
PM growth 3Y6.6%
PM growth 5Y3.89%
GM growth 3Y0.42%
GM growth 5Y0.25%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so XEL is destroying value.
XEL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
XEL has an Altman-Z score of 0.95. This is a bad value and indicates that XEL is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.95, XEL is in line with its industry, outperforming 59.46% of the companies in the same industry.
A Debt/Equity ratio of 1.43 is on the high side and indicates that XEL has dependencies on debt financing.
With a Debt to Equity ratio value of 1.43, XEL perfoms like the industry average, outperforming 51.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.95 |
ROIC/WACC0.5
WACC6.65%
2.3 Liquidity
XEL has a Current Ratio of 0.93. This is a bad value and indicates that XEL is not financially healthy enough and could expect problems in meeting its short term obligations.
XEL has a Current ratio (0.93) which is in line with its industry peers.
XEL has a Quick Ratio of 0.93. This is a bad value and indicates that XEL is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.82, XEL is in line with its industry, outperforming 56.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
XEL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.96%.
XEL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.68% yearly.
Looking at the last year, XEL shows a decrease in Revenue. The Revenue has decreased by -5.39% in the last year.
Measured over the past years, XEL shows a small growth in Revenue. The Revenue has been growing by 3.12% on average per year.
EPS 1Y (TTM)2.96%
EPS 3Y5.54%
EPS 5Y5.68%
EPS Q2Q%-6.9%
Revenue 1Y (TTM)-5.39%
Revenue growth 3Y0.02%
Revenue growth 5Y3.12%
Sales Q2Q%-9.36%
3.2 Future
XEL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.48% yearly.
Based on estimates for the next years, XEL will show a small growth in Revenue. The Revenue will grow by 7.53% on average per year.
EPS Next Y10.95%
EPS Next 2Y9.7%
EPS Next 3Y8.69%
EPS Next 5Y8.48%
Revenue Next Year6.98%
Revenue Next 2Y6.35%
Revenue Next 3Y6.53%
Revenue Next 5Y7.53%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.31, which indicates a rather expensive current valuation of XEL.
XEL's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 29.39, XEL is valued a bit cheaper.
A Price/Forward Earnings ratio of 17.40 indicates a rather expensive valuation of XEL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of XEL is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 94.38. XEL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.31 | ||
| Fwd PE | 17.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of XEL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.97 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.76
PEG (5Y)3.4
EPS Next 2Y9.7%
EPS Next 3Y8.69%
5. Dividend
5.1 Amount
XEL has a Yearly Dividend Yield of 3.27%.
XEL's Dividend Yield is comparable with the industry average which is at 3.59.
Compared to an average S&P500 Dividend Yield of 2.30, XEL pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.27% |
5.2 History
On average, the dividend of XEL grows each year by 6.72%, which is quite nice.
XEL has paid a dividend for at least 10 years, which is a reliable track record.
XEL has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.72%
Div Incr Years20
Div Non Decr Years20
5.3 Sustainability
XEL pays out 61.08% of its income as dividend. This is not a sustainable payout ratio.
The dividend of XEL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP61.08%
EPS Next 2Y9.7%
EPS Next 3Y8.69%
XCEL ENERGY INC
NASDAQ:XEL (2/11/2025, 8:00:02 PM)
Premarket: 65.8 -1.39 (-2.07%)67.19
+0.31 (+0.46%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners81.78%
Inst Owner Change-17.56%
Ins Owners0.18%
Ins Owner Change0.18%
Market Cap38.58B
Analysts80
Price Target73.89 (9.97%)
Short Float %1.58%
Short Ratio2.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.27% |
Yearly Dividend1.98
Dividend Growth(5Y)6.72%
DP61.08%
Div Incr Years20
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.05%
Min EPS beat(2)-6.44%
Max EPS beat(2)-1.66%
EPS beat(4)2
Avg EPS beat(4)1.45%
Min EPS beat(4)-6.44%
Max EPS beat(4)12.16%
EPS beat(8)4
Avg EPS beat(8)-0.61%
EPS beat(12)5
Avg EPS beat(12)-0.75%
EPS beat(16)7
Avg EPS beat(16)-0.21%
Revenue beat(2)0
Avg Revenue beat(2)-8.43%
Min Revenue beat(2)-8.77%
Max Revenue beat(2)-8.1%
Revenue beat(4)0
Avg Revenue beat(4)-11.07%
Min Revenue beat(4)-14.91%
Max Revenue beat(4)-8.1%
Revenue beat(8)2
Avg Revenue beat(8)-3.85%
Revenue beat(12)6
Avg Revenue beat(12)0.61%
Revenue beat(16)9
Avg Revenue beat(16)2.14%
PT rev (1m)0.16%
PT rev (3m)5.97%
EPS NQ rev (1m)-0.12%
EPS NQ rev (3m)-0.69%
EPS NY rev (1m)-0.17%
EPS NY rev (3m)-0.22%
Revenue NQ rev (1m)0.66%
Revenue NQ rev (3m)2.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.31 | ||
| Fwd PE | 17.4 | ||
| P/S | 2.8 | ||
| P/FCF | N/A | ||
| P/OCF | 7.79 | ||
| P/B | 1.99 | ||
| P/tB | 1.99 | ||
| EV/EBITDA | 11.97 |
EPS(TTM)3.48
EY5.18%
EPS(NY)3.86
Fwd EY5.75%
FCF(TTM)-3.15
FCFYN/A
OCF(TTM)8.62
OCFY12.83%
SpS23.97
BVpS33.7
TBVpS33.7
PEG (NY)1.76
PEG (5Y)3.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.71% | ||
| ROE | 9.72% | ||
| ROCE | 4.24% | ||
| ROIC | 3.34% | ||
| ROICexc | 3.42% | ||
| ROICexgc | 3.42% | ||
| OM | 19.52% | ||
| PM (TTM) | 13.67% | ||
| GM | 92.3% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y2.67%
OM growth 5Y-0.62%
PM growth 3Y6.6%
PM growth 5Y3.89%
GM growth 3Y0.42%
GM growth 5Y0.25%
F-Score5
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.04 | ||
| Cap/Depr | 241.55% | ||
| Cap/Sales | 49.12% | ||
| Interest Coverage | 2.47 | ||
| Cash Conversion | 90.25% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 0.95 |
F-Score5
WACC6.65%
ROIC/WACC0.5
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.96%
EPS 3Y5.54%
EPS 5Y5.68%
EPS Q2Q%-6.9%
EPS Next Y10.95%
EPS Next 2Y9.7%
EPS Next 3Y8.69%
EPS Next 5Y8.48%
Revenue 1Y (TTM)-5.39%
Revenue growth 3Y0.02%
Revenue growth 5Y3.12%
Sales Q2Q%-9.36%
Revenue Next Year6.98%
Revenue Next 2Y6.35%
Revenue Next 3Y6.53%
Revenue Next 5Y7.53%
EBIT growth 1Y9.01%
EBIT growth 3Y2.7%
EBIT growth 5Y2.48%
EBIT Next Year116.39%
EBIT Next 3Y39.52%
EBIT Next 5Y27.54%
FCF growth 1Y-316.09%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-3.26%
OCF growth 3YN/A
OCF growth 5YN/A