Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Xcel Energy's annualizedGross Profit for the quarter that ended in Dec. 2023 was $6,112 Mil.
Xcel Energy's average Total Assets over the quarter that ended in Dec. 2023 was $63,475 Mil. Therefore, Xcel Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 9.63%.
Xcel Energy Gross-Profit-to-Asset % Historical Data
The historical data trend for Xcel Energy's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Xcel Energy's Gross-Profit-to-Asset %
For the Utilities - Regulated Electric subindustry, Xcel Energy's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Xcel Energy's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Xcel Energy's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Xcel Energy's Gross-Profit-to-Asset % falls into.
Xcel Energy Gross-Profit-to-Asset % Calculation
Xcel Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Xcel Energy Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Xcel Energy's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Xcel Energy manages utilities serving 3.8 million electric customers and 2.1 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy owners and suppliers in the U.S. with more than half of its electricity sales coming from carbon-free energy.
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