Xcel Energy (BSP:X1EL34) COGS-to-Revenue : 0.56 (As of Mar. 2024)

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What is Xcel Energy COGS-to-Revenue?

Xcel Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was R$10,179 Mil. Its Revenue for the three months ended in Mar. 2024 was R$18,171 Mil.

Xcel Energy's COGS to Revenue for the three months ended in Mar. 2024 was 0.56.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Xcel Energy's Gross Margin % for the three months ended in Mar. 2024 was 43.98%.

Xcel Energy COGS-to-Revenue Historical Data

The historical data trend for Xcel Energy's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Xcel Energy COGS-to-Revenue Chart

Xcel Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.59

0.57

0.61

0.62

0.58

Xcel Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.64	0.61	0.51	0.56	0.56

Xcel Energy COGS-to-Revenue Calculation

Xcel Energy's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	40310.655	/	69606.559
	=	0.58

Xcel Energy's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	10178.711	/	18171.29
	=	0.56

Xcel Energy (BSP:X1EL34) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Xcel Energy's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	10178.711 / 18171.29
	=	43.98 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Xcel Energy COGS-to-Revenue Related Terms

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Xcel Energy (BSP:X1EL34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Xcel Energy Inc (BSP:X1EL34) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

XEL:USA NRN:Germany

Address

414 Nicollet Mall, Minneapolis, MN, USA, 55401

Website

https://www.xcelenergy.com

Xcel Energy manages utilities serving 3.8 million electric customers and 2.1 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy owners and suppliers in the U.S. with more than half of its electricity sales coming from carbon-free energy.

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