EXC vs XEL
Exelon Corp. and Xcel Energy Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | EXC | XEL |
|---|---|---|
| Revenue | $24.3B | $14.7B |
| Net income | $2.8B | $2.0B |
| Gross margin | · | · |
| Net margin | 11.4% | 13.8% |
| Return on equity | 9.9% | 9.4% |
| Diluted EPS | · | $3.42 |
| Dividend / share | $1.60 | $2.28 |
| Payout ratio | 58.4% | 63.5% |
| Free cash flow | $-2.3B | $-6.8B |
| Equity | $28.8B | $23.6B |
| Net debt / equity | 1.75× | 1.40× |
| Current ratio | 0.92× | 0.71× |
| Revenue CAGR 5y | 7.8% | 4.9% |
| Profit CAGR 5y | 7.2% | 6.5% |
EXC bills 1.7× the revenue of XEL, and XEL keeps more of each dollar of revenue as profit (13.8% against 11.4%).
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 | EXC | XEL |
|---|---|---|
| FY2025 | $24.3B | $14.7B |
| FY2024 | $23.0B | $13.4B |
| FY2023 | $21.7B | $14.2B |
| FY2022 | $19.1B | $15.3B |
| FY2021 | $17.9B | $13.4B |
| FY2020 | $16.7B | $11.5B |
| FY2019 | $34.4B | $11.5B |
| FY2018 | $36.0B | $11.5B |
| FY2017 | $33.6B | $11.4B |
| FY2016 | $31.4B | $11.1B |
Bottom line
| Fiscal year | EXC | XEL |
|---|---|---|
| FY2025 | $2.8B | $2.0B |
| FY2024 | $2.5B | $1.9B |
| FY2023 | $2.3B | $1.8B |
| FY2022 | $2.2B | $1.7B |
| FY2021 | $1.8B | $1.6B |
| FY2020 | $2.0B | $1.5B |
| FY2019 | $3.0B | $1.4B |
| FY2018 | $2.1B | $1.3B |
| FY2017 | $3.9B | $1.1B |
| FY2016 | $1.2B | $1.1B |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$9,589,000,000 | EXC |
| FY2024 | +$9,587,000,000 | EXC |
| FY2023 | +$7,521,000,000 | EXC |
| FY2022 | +$3,768,000,000 | EXC |
| FY2021 | +$4,507,000,000 | EXC |
| FY2020 | +$5,137,000,000 | EXC |
| FY2019 | +$22,909,000,000 | EXC |
| FY2018 | +$24,441,000,000 | EXC |
| FY2017 | +$22,154,000,000 | EXC |
| FY2016 | +$20,259,000,000 | EXC |
| FY2015 | +$18,423,000,000 | EXC |
| FY2014 | +$15,742,865,000 | EXC |
| FY2013 | +$13,973,078,000 | EXC |
| FY2012 | +$13,360,777,000 | EXC |
| FY2011 | +$8,408,230,000 | EXC |
| FY2010 | +$8,333,053,000 | EXC |
| FY2009 | +$7,673,697,000 | EXC |
| FY2008 | +$7,655,844,000 | EXC |
EXC has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −2.3 pp | XEL |
| FY2024 | −3.7 pp | XEL |
| FY2023 | −1.8 pp | XEL |
| FY2022 | +0.0 pp | EXC |
| FY2021 | −1.7 pp | XEL |
| FY2020 | −1.1 pp | XEL |
| FY2019 | −3.1 pp | XEL |
| FY2018 | −5.2 pp | XEL |
| FY2017 | +1.5 pp | EXC |
| FY2016 | −6.3 pp | XEL |
| FY2015 | −1.3 pp | XEL |
| FY2014 | −2.1 pp | XEL |
| FY2013 | −1.7 pp | XEL |
| FY2012 | −4.0 pp | XEL |
| FY2011 | +5.2 pp | EXC |
| FY2010 | +6.4 pp | EXC |
| FY2009 | +8.6 pp | EXC |
| FY2008 | +8.8 pp | EXC |
The higher net margin has changed hands between EXC and XEL over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EXC's net margin has been more volatile than XEL's over the 18 comparable fiscal years — 3.3 percentage points of standard deviation against 2.4.
18 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 EXC and XEL over these 18 fiscal years — EXC led in 6 and XEL in 12.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EXC's return on equity has been more volatile than XEL's over the 18 comparable fiscal years — 5.9 percentage points of standard deviation against 0.5.
18 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 EXC and XEL over these 18 fiscal years — EXC led in 6 and XEL in 12.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.