XCEL ENERGY INC (XEL) FY2024 Annual P&L / Income Statement

XCEL ENERGY INC (XEL) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total operating revenues

13,441,000,000 US dollars

Cost of revenue (calculated)

14,000,000 US dollars

Gross profit (calculated)

13,427,000,000 US dollars

Operating expenses (calculated)

11,041,000,000 US dollars

Operating income

2,386,000,000 US dollars

Other income (expense), net (calculated)

negative 852,000,000 US dollars

Income before income taxes

1,534,000,000 US dollars

Income tax benefit

negative 402,000,000 US dollars

Net income

1,936,000,000 US dollars

All Other - Other

0 US dollars

All Other - Retail

50,000,000 US dollars

All Other - Transmission

0 US dollars

All Other - Wholesale

0 US dollars

Regulated Electric - Other

64,000,000 US dollars

Regulated Electric - Retail

9,114,000,000 US dollars

Regulated Electric - Transmission

648,000,000 US dollars

Regulated Electric - Wholesale

645,000,000 US dollars

Natural Gas - Other

175,000,000 US dollars

Natural Gas - Retail

1,945,000,000 US dollars

Natural Gas - Transmission

0 US dollars

Natural Gas - Wholesale

0 US dollars

Undisclosed (calculated)

800,000,000 US dollars

Cost of sales — other

14,000,000 US dollars

Electric fuel and purchased power

3,788,000,000 US dollars

Cost of natural gas sold and transported

951,000,000 US dollars

Operating and maintenance expenses

2,540,000,000 US dollars

Conservation and demand side management expenses

394,000,000 US dollars

Depreciation and amortization

2,744,000,000 US dollars

Taxes (other than income taxes)

624,000,000 US dollars

Loss on Comanche Unit 3 litigation

0 US dollars

Workforce reduction expenses

0 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.