ED vs XEL
Consolidated Edison Inc. and Xcel Energy Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ED | XEL |
|---|---|---|
| Revenue | $17.0B | $14.7B |
| Net income | $2.0B | $2.0B |
| Gross margin | · | · |
| Net margin | 11.9% | 13.8% |
| Return on equity | 8.8% | 9.4% |
| Diluted EPS | $5.64 | $3.42 |
| Dividend / share | · | $2.28 |
| Payout ratio | 57.6% | 63.5% |
| Free cash flow | · | $-6.8B |
| Equity | $24.2B | $23.6B |
| Net debt / equity | 1.00× | 1.40× |
| Current ratio | 1.02× | 0.71× |
| Revenue CAGR 5y | 6.8% | 4.9% |
| Profit CAGR 5y | 12.9% | 6.5% |
ED bills 1.2× the revenue of XEL, and XEL keeps more of each dollar of revenue as profit (13.8% against 11.9%).
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.
10 years side by side
| Fiscal year | ED | XEL |
|---|---|---|
| FY2025 | $17.0B | $14.7B |
| FY2024 | $15.5B | $13.4B |
| FY2023 | $14.7B | $14.2B |
| FY2022 | $15.7B | $15.3B |
| FY2021 | $13.7B | $13.4B |
| FY2020 | $12.2B | $11.5B |
| FY2019 | $12.6B | $11.5B |
| FY2018 | $12.3B | $11.5B |
| FY2017 | $12.0B | $11.4B |
| FY2016 | $12.1B | $11.1B |
Bottom line
| Fiscal year | ED | XEL |
|---|---|---|
| FY2025 | $2.0B | $2.0B |
| FY2024 | $1.8B | $1.9B |
| FY2023 | $2.5B | $1.8B |
| FY2022 | $1.7B | $1.7B |
| FY2021 | $1.3B | $1.6B |
| FY2020 | $1.1B | $1.5B |
| FY2019 | $1.3B | $1.4B |
| FY2018 | $1.4B | $1.3B |
| FY2017 | $1.5B | $1.1B |
| FY2016 | $1.2B | $1.1B |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$2,380,000,000 | ED |
| FY2024 | +$2,028,000,000 | ED |
| FY2023 | +$457,000,000 | ED |
| FY2022 | +$360,000,000 | ED |
| FY2021 | +$245,000,000 | ED |
| FY2020 | +$720,000,000 | ED |
| FY2019 | +$1,045,000,000 | ED |
| FY2018 | +$800,000,000 | ED |
| FY2017 | +$629,000,000 | ED |
| FY2016 | +$968,000,000 | ED |
| FY2015 | +$1,530,000,000 | ED |
| FY2014 | +$1,232,865,000 | ED |
| FY2013 | +$1,439,078,000 | ED |
| FY2012 | +$2,059,777,000 | ED |
| FY2011 | +$2,231,230,000 | ED |
| FY2010 | +$3,014,053,000 | ED |
| FY2009 | +$3,387,697,000 | ED |
ED has reported the higher revenue in every one of these 17 fiscal years. The gap has narrowed since the earliest year compared.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −1.9 pp | XEL |
| FY2024 | −2.6 pp | XEL |
| FY2023 | +5.2 pp | ED |
| FY2022 | −0.9 pp | XEL |
| FY2021 | −2.9 pp | XEL |
| FY2020 | −3.2 pp | XEL |
| FY2019 | −0.1 pp | XEL |
| FY2018 | +0.6 pp | ED |
| FY2017 | +2.9 pp | ED |
| FY2016 | +0.5 pp | ED |
| FY2015 | +0.9 pp | ED |
| FY2014 | −0.0 pp | XEL |
| FY2013 | +0.2 pp | ED |
| FY2012 | +0.7 pp | ED |
| FY2011 | +0.3 pp | ED |
| FY2010 | +0.2 pp | ED |
| FY2009 | −0.3 pp | XEL |
The higher net margin has changed hands between ED and XEL over this period.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ED's net margin has been more volatile than XEL's over the 17 comparable fiscal years — 2.4 percentage points of standard deviation against 2.2.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ED and XEL over these 17 fiscal years — ED led in 9 and XEL in 8.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ED's return on equity has been more volatile than XEL's over the 16 comparable fiscal years — 1.3 percentage points of standard deviation against 0.4.
16 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between ED and XEL over these 16 fiscal years — ED led in 2 and XEL in 14.
16 of 18 comparable fiscal years — a year missing data on either side is not counted.