XCEL ENERGY INC

For the period ended Mar 31, 2024. Filed Apr 25, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed Apr 25, 2024

XEL$80.12-0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

(amounts in millions, except per share data)

	Three Months Ended March 31
	2024	2023
Operating revenues
Electric	$2,685	$2,763
Natural gas	941	1,288
Other	23	29
Total operating revenues	3,649	4,080
Operating expenses
Electric fuel and purchased power	948	1,117
Cost of natural gas sold and transported	483	844
Cost of sales — other	8	12
Operating and maintenance expenses	605	650
Conservation and demand side management expenses	97	76
Depreciation and amortization	658	624
Taxes (other than income taxes)	171	184
Total operating expenses	2,970	3,507
Operating income	679	573
Other income, net	14	5
Earnings from equity method investments	8	11
Allowance for funds used during construction — equity	37	19
Interest charges and financing costs
Interest charges — includes other financing costs	291	253
Allowance for funds used during construction — debt	(14)	(10)
Total interest charges and financing costs	277	243
Income before income taxes	461	365
Income tax benefit	(27)	(53)
Net income	$488	$418
Weighted average common shares outstanding:
Basic	556	551
Diluted	556	551
Earnings per average common share:
Basic	$0.88	$0.76
Diluted	0.88	0.76
See Notes to Consolidated Financial Statements

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.