X
XEL
XELVerified4 segments tracked|6 years of data|Annual (10-K)
Total Revenue
$6.4B6.8%
FY2024
Operating Segments
4Active segments
Blended Margin
0.0%Operating margin
Highest Margin
0.0%Retail Distribution
Segment Shift
Retail Distribution has grown from 74.1% to 76.0% of total revenue since FY2019, with 0.0% operating margins. Meanwhile, Other Services is the fastest growing at +9.1% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2024
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Retail Distribution | $4.9B | $0 | 0.0% | 76.0% | -6.1% |
| Transmission Services | $648M | $0 | 0.0% | 10.1% | -0.2% |
| Wholesale Distribution | $645M | $0 | 0.0% | 10.1% | -20.9% |
| Other Services | $239M | $0 | 0.0% | 3.7% | +9.1% |
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