XEL Xcel Energy
FY2024 10-K
Xcel Energy (XEL) filed its fiscal year 2024 10-K annual report with the SEC on Feb 27, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2024 10-K
Business Overview
- • Core business: Regulated electric and natural gas utility operations serving multiple U.S. regions
- • New debt issuance: $800M 5.50% Senior Notes due March 15, 2034, and $700M 5.40% First Mortgage Bonds due March 15, 2054 in early 2024
Management Discussion & Analysis
- • Revenue impacts: Electric revenues down $299M; natural gas revenues down $415M YoY due to lower commodity prices and fuel cost recoveries
- • Profitability: GAAP diluted EPS $3.44 vs $3.21; ongoing diluted EPS $3.50 vs $3.35; NSP-MN EPS 1.41 vs 1.28; PSCo EPS 1.39 vs 1.26; operating ROE 8.55% utilities, 10.42% Xcel Energy overall
Risk Factors
- • NERC critical infrastructure protection standards compliance under ongoing cybersecurity regulatory risk
- • Exposure to cybersecurity incidents across generation, transmission, distribution, and fuel storage facilities
Financial SummaryXBRL
Revenue
$13.4B
Net Income
$1.9B
Operating Margin
17.8%
Net Margin
14.4%
ROE
9.9%
Total Assets
$70.0B
EPS (Diluted)
$3.44
Operating Cash Flow
$4.6B
Source: XBRL data from Xcel Energy FY2024 10-K filing on SEC EDGAR. All figures in USD.
Other Xcel Energy Annual Reports
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