Investor Presentaiton
Investor Fact Book October 2023 | Xcel Energy
Financial Highlights
Dollars in Millions, Except Per Share Data
2022
2021
2020
2019
2018
Operating revenues
Operating expenses
$15,310
$13,431
$11,526
$11,529
$11,537
$12,882
$11,228
$9,410
$9,425
$9,572
GAAP net income
Ongoing earnings (a)
$1,736
$1,597
$1,473
$1,372
$1,261
$1,736
$1,597
$1,473
$1,372
$1,261
GAAP diluted EPS
$3.17
$2.96
$2.79
$2.64
$2.47
Ongoing diluted EPS (a)
$3.17
$2.96
$2.79
$2.64
$2.47
(a) See table below for reconciliation of ongoing earnings to GAAP earnings
Reconciliation of Ongoing Earnings to GAAP Earnings
2022
2021
2020
2019
Ongoing earnings
$1,736
$1,597
$1,473
$1,372
2018
$1,261
Adjustments
Total GAAP earnings
$1,736
$1,597
$1,473
$1,372
$1,261
2022
2021
2020
2019
2018
Ongoing diluted EPS
Adjustments
GAAP diluted EPS
$3.17
$2.96
$2.79
$2.64
$2.47
$3.17
$2.96
$2.79
$2.64
$2.47
Amounts may not sum due to rounding
Xcel Energy's management believes that ongoing earnings reflects management's performance in operating the company and provides a meaningful
representation of the performance of Xcel Energy's core business. In addition, Xcel Energy's management uses ongoing earnings internally for financial
planning and analysis, for reporting of results to the Board of Directors and when communicating its earnings outlook to analysts and investors.
Total Shareholder Return
Periods ended December 31, 2022
Xcel Energy
300%
250%
Peer Group Average
EEI Investor-Owned Electrics
S&P 500
200%
150%
100%
50%
6.5%
2.1%
1.2%
-18.1%
19.9%
13.9%
17.1%
24.8%
0%
One-Year
67.9%
54.4%
52.7%
56.9%
190.9%
261.4%
Three-Year
Five-Year
Ten-Year
180.5%
226.5%View entire presentation