Xcel Energy (XEL) FY2021 results: revenue $13.4 billion, up 16.5% on the year
Xcel Energy Inc. (XEL) reported revenue of $13.4 billion for fiscal 2021, the year ended 31 December 2021, up 16.5% on the year before. Net income was $1.6 billion, up 8.4%, and diluted earnings per share $2.96. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2022.
Revenue
$13.4 billion
+16.5% on the year
FY2014FY2021
Operating margin
16.4%
18.4% a year earlier
FY2014FY2021
Net income
$1.6 billion
+8.4% on the year
FY2014FY2021
Diluted EPS
$2.96
+6.1% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
2,189
2,848
3,263
-23.1%
Capital expenditure
4,244
5,369
4,225
-21.0%
Free cash flow
-2,055
-2,521
-962
Free cash flow margin
-15.3%
-21.9%
-8.3%
Cash from investing
-4,287
-4,740
-4,343
Cash from financing
2,135
1,773
1,181
+20.4%
Depreciation and amortisation
2,143
1,959
1,785
+9.4%
Share-based compensation
31.0
73.0
58.0
-57.5%
Dividends paid
935
856
791
+9.2%
Dividend per share
n/a
n/a
$1.62
Diluted shares, weighted
540m
528m
520m
+2.3%
Shares outstanding at period end
544m
537m
525m
+1.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
15,612
14,575
13,239
+7.1%
Debt
23,385
20,650
18,704
+13.2%
Operating lease liabilities
1,146
1,344
1,549
-14.7%
Finance lease liabilities
69.0
73.0
77.0
-5.5%
Other liabilities
17,639
17,315
16,879
+1.9%
Total liabilities and equity
57,851
53,957
50,448
+7.2%
Fixed assets
45,457
42,950
39,483
+5.8%
Cash and equivalents
166
129
248
+28.7%
Receivables
1,018
916
837
+11.1%
Inventory
631
535
544
+17.9%
Other assets
10,579
9,427
9,336
+12.2%
Total assets
57,851
53,957
50,448
+7.2%
10-K for the year ended 31 December 2021, filed 23 February 2022: the filing.