Xcel Energy (XEL) FY2022 results: revenue $15.3 billion, up 14.0% on the year
Xcel Energy Inc. (XEL) reported revenue of $15.3 billion for fiscal 2022, the year ended 31 December 2022, up 14.0% on the year before. Net income was $1.7 billion, up 8.7%, and diluted earnings per share $3.17. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$15.3 billion
+14.0% on the year
FY2015FY2022
Operating margin
15.9%
16.4% a year earlier
FY2015FY2022
Net income
$1.7 billion
+8.7% on the year
FY2015FY2022
Diluted EPS
$3.17
+7.1% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
3,932
2,189
2,848
+79.6%
Capital expenditure
4,638
4,244
5,369
+9.3%
Free cash flow
-706
-2,055
-2,521
Free cash flow margin
-4.6%
-15.3%
-21.9%
Cash from investing
-4,653
-4,287
-4,740
Cash from financing
666
2,135
1,773
-68.8%
Depreciation and amortisation
2,436
2,143
1,959
+13.7%
Share-based compensation
20.0
31.0
73.0
-35.5%
Dividends paid
1,012
935
856
+8.2%
Dividend per share
$1.95
n/a
n/a
Diluted shares, weighted
547m
540m
528m
+1.3%
Shares outstanding at period end
550m
544m
537m
+1.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
16,675
15,612
14,575
+6.8%
Debt
24,777
23,385
20,650
+6.0%
Operating lease liabilities
1,038
1,146
1,344
-9.4%
Finance lease liabilities
64.0
69.0
73.0
-7.2%
Other liabilities
18,634
17,639
17,315
+5.6%
Total liabilities and equity
61,188
57,851
53,957
+5.8%
Fixed assets
48,253
45,457
42,950
+6.2%
Cash and equivalents
111
166
129
-33.1%
Receivables
1,373
1,018
916
+34.9%
Inventory
803
631
535
+27.3%
Other assets
10,648
10,579
9,427
+0.7%
Total assets
61,188
57,851
53,957
+5.8%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.