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MARKETS / COMPARE / AEE VS XEL

AEE vs XEL

Ameren Corp. and Xcel Energy Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

AEE vs XEL, at a glance
Metric AEE XEL
Revenue$8.8B$14.7B
Net income$1.5B$2.0B
Gross margin··
Net margin17.2%13.8%
Return on equity11.5%9.4%
Diluted EPS$5.35$3.42
Dividend / share$2.84$2.28
Payout ratio52.6%63.5%
Free cash flow$-775.0M$-6.8B
Equity$13.4B$23.6B
Net debt / equity1.43×1.40×
Current ratio0.66×0.71×
Revenue CAGR 5y8.7%4.9%
Profit CAGR 5y10.7%6.5%

XEL bills 1.7× the revenue of AEE, and AEE keeps more of each dollar of revenue as profit (17.2% against 13.8%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.

Revenue by year

10 years side by side

AEE vs XEL, revenue by year
Fiscal year AEE XEL
FY2025$8.8B$14.7B
FY2024$7.6B$13.4B
FY2023$7.5B$14.2B
FY2022$8.0B$15.3B
FY2021$6.4B$13.4B
FY2020$5.8B$11.5B
FY2019$5.9B$11.5B
FY2018$6.3B$11.5B
FY2017$6.2B$11.4B
FY2016$6.1B$11.1B
Net income by year

Bottom line

AEE vs XEL, net income by year
Fiscal year AEE XEL
FY2025$1.5B$2.0B
FY2024$1.2B$1.9B
FY2023$1.2B$1.8B
FY2022$1.1B$1.7B
FY2021$995.0M$1.6B
FY2020$877.0M$1.5B
FY2019$834.0M$1.4B
FY2018$821.0M$1.3B
FY2017$529.0M$1.1B
FY2016$659.0M$1.1B
Revenue gap over time

19 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025−$5,870,000,000XEL
FY2024−$5,818,000,000XEL
FY2023−$6,706,000,000XEL
FY2022−$7,353,000,000XEL
FY2021−$7,037,000,000XEL
FY2020−$5,732,000,000XEL
FY2019−$5,619,000,000XEL
FY2018−$5,246,000,000XEL
FY2017−$5,230,000,000XEL
FY2016−$5,031,000,000XEL
FY2015−$4,926,000,000XEL
FY2014−$5,633,135,000XEL
FY2013−$5,076,922,000XEL
FY2012−$4,347,223,000XEL
FY2011−$4,506,770,000XEL
FY2010−$2,672,947,000XEL
FY2009−$2,509,303,000XEL
FY2008−$3,334,156,000XEL
FY2007−$2,472,170,000XEL

XEL has reported the higher revenue in every one of these 19 fiscal years. The gap has widened since the earliest year compared.

19 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

19 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025+3.5 ppAEE
FY2024+1.8 ppAEE
FY2023+3.6 ppAEE
FY2022+2.7 ppAEE
FY2021+4.4 ppAEE
FY2020+3.1 ppAEE
FY2019+2.9 ppAEE
FY2018+2.7 ppAEE
FY2017−1.1 ppXEL
FY2016+1.2 ppAEE
FY2015+1.9 ppAEE
FY2014+1.4 ppAEE
FY2013−3.4 ppXEL
FY2012−26.4 ppXEL
FY2011+0.9 ppAEE
FY2010−5.3 ppXEL
FY2009+1.9 ppAEE
FY2008+2.6 ppAEE
FY2007+2.9 ppAEE

The higher net margin has changed hands between AEE and XEL over this period.

19 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

AEE's net margin has been more volatile than XEL's over the 19 comparable fiscal years — 7.6 percentage points of standard deviation against 2.5.

19 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between AEE and XEL over these 19 fiscal years — AEE led in 15 and XEL in 4.

19 of 19 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

AEE's return on equity has been more volatile than XEL's over the 18 comparable fiscal years — 5.6 percentage points of standard deviation against 0.5.

18 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between AEE and XEL over these 18 fiscal years — AEE led in 4 and XEL in 14.

18 of 19 comparable fiscal years — a year missing data on either side is not counted.

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