Regulated Electric
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5 / 10Stock Comparison
XEL vs ED vs WEC vs EXC vs CMS
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Electric
Regulated Electric
Regulated Electric
Regulated Electric
XEL vs ED vs WEC vs EXC vs CMS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Regulated Electric | Regulated Electric | Regulated Electric | Regulated Electric | Regulated Electric |
| Market Cap | $50.20B | $39.20B | $36.74B | $45.43B | $22.85B |
| Revenue (TTM) | $14.78B | $17.21B | $10.08B | $24.79B | $8.82B |
| Net Income (TTM) | $2.09B | $2.15B | $1.64B | $2.78B | $1.11B |
| Gross Margin | 18.9% | 67.5% | 55.7% | 29.5% | 64.6% |
| Operating Margin | 19.8% | 17.3% | 24.0% | 21.0% | 19.5% |
| Forward P/E | 19.5x | 17.4x | 20.2x | 15.6x | 19.0x |
| Total Debt | $34.78B | $28.75B | $22.31B | $50.55B | $18.94B |
| Cash & Equiv. | $274M | $1.63B | $28M | $1.15B | $615M |
XEL vs ED vs WEC vs EXC vs CMS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Xcel Energy Inc. (XEL) | 100 | 123.7 | +23.7% |
| Consolidated Edison… (ED) | 100 | 141.7 | +41.7% |
| WEC Energy Group, I… (WEC) | 100 | 122.9 | +22.9% |
| Exelon Corporation (EXC) | 100 | 162.6 | +62.6% |
| CMS Energy Corporat… (CMS) | 100 | 126.3 | +26.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: XEL vs ED vs WEC vs EXC vs CMS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
XEL ranks third and is worth considering specifically for momentum.
- +15.9% vs ED's -1.1%
ED is the #2 pick in this set and the best alternative if valuation efficiency is your priority.
- PEG 1.52 vs XEL's 4.70
- Lower P/E (17.4x vs 19.0x), PEG 1.52 vs 3.18
- 4.0% ROA vs EXC's 2.4%, ROIC 4.4% vs 5.1%
WEC carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 14.0%, EPS growth 0.0%, 3Y rev CAGR 0.7%
- 14.0% revenue growth vs EXC's 5.3%
- 16.2% margin vs EXC's 11.2%
- 3.1% yield, 23-year raise streak, vs EXC's 3.6%
EXC is the clearest fit if your priority is long-term compounding.
- 125.0% 10Y total return vs WEC's 133.1%
CMS is the clearest fit if your priority is income & stability and sleep-well-at-night.
- Dividend streak 19 yrs, beta 0.01, yield 3.0%
- Lower volatility, beta 0.01, current ratio 0.98x
- Beta 0.01, yield 3.0%, current ratio 0.98x
- Beta 0.01 vs XEL's 0.08
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 14.0% revenue growth vs EXC's 5.3% | |
| Value | Lower P/E (17.4x vs 19.0x), PEG 1.52 vs 3.18 | |
| Quality / Margins | 16.2% margin vs EXC's 11.2% | |
| Stability / Safety | Beta 0.01 vs XEL's 0.08 | |
| Dividends | 3.1% yield, 23-year raise streak, vs EXC's 3.6% | |
| Momentum (1Y) | +15.9% vs ED's -1.1% | |
| Efficiency (ROA) | 4.0% ROA vs EXC's 2.4%, ROIC 4.4% vs 5.1% |
XEL vs ED vs WEC vs EXC vs CMS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
XEL vs ED vs WEC vs EXC vs CMS — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
ED leads in 2 of 6 categories
EXC leads 1 • XEL leads 1 • WEC leads 0 • CMS leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
ED leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
EXC is the larger business by revenue, generating $24.8B annually — 2.8x CMS's $8.8B. WEC is the more profitable business, keeping 16.2% of every revenue dollar as net income compared to EXC's 11.2%. On growth, CMS holds the edge at +11.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $14.8B | $17.2B | $10.1B | $24.8B | $8.8B |
| EBITDAEarnings before interest/tax | $5.9B | $5.3B | $3.9B | $8.9B | $2.9B |
| Net IncomeAfter-tax profit | $2.1B | $2.2B | $1.6B | $2.8B | $1.1B |
| Free Cash FlowCash after capex | -$343M | $4.0B | -$1.1B | -$2.2B | -$2.0B |
| Gross MarginGross profit ÷ Revenue | +18.9% | +67.5% | +55.7% | +29.5% | +64.6% |
| Operating MarginEBIT ÷ Revenue | +19.8% | +17.3% | +24.0% | +21.0% | +19.5% |
| Net MarginNet income ÷ Revenue | +14.1% | +12.5% | +16.2% | +11.2% | +12.5% |
| FCF MarginFCF ÷ Revenue | -2.3% | +23.2% | -11.0% | -8.7% | -23.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +2.9% | +6.2% | +9.0% | +7.9% | +11.6% |
| EPS Growth (YoY)Latest quarter vs prior year | +6.0% | +12.9% | +7.9% | 0.0% | +11.9% |
Valuation Metrics
EXC leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 16.2x trailing earnings, EXC trades at a 31% valuation discount to XEL's 23.5x P/E. Adjusting for growth (PEG ratio), ED offers better value at 1.65x vs XEL's 5.66x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $50.2B | $39.2B | $36.7B | $45.4B | $22.8B |
| Enterprise ValueMkt cap + debt − cash | $84.7B | $66.3B | $59.0B | $94.8B | $41.2B |
| Trailing P/EPrice ÷ TTM EPS | 23.52x | 18.86x | 23.35x | 16.21x | 20.95x |
| Forward P/EPrice ÷ next-FY EPS est. | 19.54x | 17.44x | 20.15x | 15.57x | 19.05x |
| PEG RatioP/E ÷ EPS growth rate | 5.66x | 1.65x | 4.70x | 2.54x | 3.50x |
| EV / EBITDAEnterprise value multiple | 14.52x | 12.63x | 15.32x | 10.79x | 14.31x |
| Price / SalesMarket cap ÷ Revenue | 3.42x | 2.32x | 3.75x | 1.87x | 2.68x |
| Price / BookPrice ÷ Book value/share | 2.01x | 1.58x | 2.63x | 1.56x | 2.29x |
| Price / FCFMarket cap ÷ FCF | — | 1088.79x | — | — | — |
Profitability & Efficiency
ED leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
WEC delivers a 11.6% return on equity — every $100 of shareholder capital generates $12 in annual profit, vs $9 for ED. ED carries lower financial leverage with a 1.19x debt-to-equity ratio, signaling a more conservative balance sheet compared to CMS's 1.95x. On the Piotroski fundamental quality scale (0–9), ED scores 6/9 vs EXC's 5/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +9.3% | +9.0% | +11.6% | +9.8% | +11.6% |
| ROA (TTM)Return on assets | +2.6% | +4.0% | +3.3% | +2.4% | +2.8% |
| ROICReturn on invested capital | +4.0% | +4.4% | +5.1% | +5.1% | +4.9% |
| ROCEReturn on capital employed | +4.2% | +4.4% | +5.4% | +5.0% | +5.0% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 | 5 | 5 | 6 |
| Debt / EquityFinancial leverage | 1.47x | 1.19x | 1.59x | 1.76x | 1.95x |
| Net DebtTotal debt minus cash | $34.5B | $27.1B | $22.3B | $49.4B | $18.3B |
| Cash & Equiv.Liquid assets | $274M | $1.6B | $28M | $1.2B | $615M |
| Total DebtShort + long-term debt | $34.8B | $28.8B | $22.3B | $50.6B | $18.9B |
| Interest CoverageEBIT ÷ Interest expense | 2.32x | 3.11x | 2.87x | 2.42x | 2.58x |
Total Returns (Dividends Reinvested)
XEL leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in EXC five years ago would be worth $16,183 today (with dividends reinvested), compared to $12,745 for XEL. Over the past 12 months, XEL leads with a +15.9% total return vs ED's -1.1%. The 3-year compound annual growth rate (CAGR) favors CMS at 9.2% vs EXC's 4.7% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +8.5% | +7.3% | +6.8% | +2.1% | +5.8% |
| 1-Year ReturnPast 12 months | +15.9% | -1.1% | +6.2% | -0.7% | +3.0% |
| 3-Year ReturnCumulative with dividends | +25.6% | +17.6% | +29.4% | +14.6% | +30.3% |
| 5-Year ReturnCumulative with dividends | +27.4% | +57.2% | +31.8% | +61.8% | +30.4% |
| 10-Year ReturnCumulative with dividends | +139.7% | +84.5% | +133.1% | +125.0% | +119.4% |
| CAGR (3Y)Annualised 3-year return | +7.9% | +5.6% | +9.0% | +4.7% | +9.2% |
Risk & Volatility
Evenly matched — XEL and ED each lead in 1 of 2 comparable metrics.
Risk & Volatility
ED is the less volatile stock with a -0.41 beta — it tends to amplify market swings less than XEL's 0.08 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. XEL currently trades 95.5% from its 52-week high vs EXC's 87.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.08x | -0.41x | -0.03x | -0.14x | 0.01x |
| 52-Week HighHighest price in past year | $84.23 | $116.17 | $119.62 | $50.65 | $80.36 |
| 52-Week LowLowest price in past year | $65.21 | $94.96 | $100.61 | $41.71 | $67.71 |
| % of 52W HighCurrent price vs 52-week peak | +95.5% | +91.6% | +94.3% | +87.7% | +92.0% |
| RSI (14)Momentum oscillator 0–100 | 50.7 | 37.6 | 44.5 | 33.7 | 38.2 |
| Avg Volume (50D)Average daily shares traded | 4.3M | 1.8M | 1.8M | 8.3M | 2.6M |
Analyst Outlook
Evenly matched — WEC and EXC each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: XEL as "Buy", ED as "Hold", WEC as "Hold", EXC as "Hold", CMS as "Buy". Consensus price targets imply 13.1% upside for XEL (target: $91) vs 2.2% for ED (target: $109). For income investors, EXC offers the higher dividend yield at 3.60% vs XEL's 2.71%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Hold | Hold | Buy |
| Price TargetConsensus 12-month target | $91.00 | $108.78 | $122.78 | $49.18 | $81.00 |
| # AnalystsCovering analysts | 26 | 27 | 34 | 35 | 29 |
| Dividend YieldAnnual dividend ÷ price | +2.7% | +3.1% | +3.1% | +3.6% | +3.0% |
| Dividend StreakConsecutive years of raises | 17 | 10 | 23 | 1 | 19 |
| Dividend / ShareAnnual DPS | $2.18 | $3.25 | $3.50 | $1.60 | $2.21 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +0.0% | 0.0% | 0.0% |
ED leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). EXC leads in 1 (Valuation Metrics). 2 tied.
XEL vs ED vs WEC vs EXC vs CMS: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is XEL or ED or WEC or EXC or CMS a better buy right now?
For growth investors, WEC Energy Group, Inc.
(WEC) is the stronger pick with 14. 0% revenue growth year-over-year, versus 5. 3% for Exelon Corporation (EXC). Exelon Corporation (EXC) offers the better valuation at 16. 2x trailing P/E (15. 6x forward), making it the more compelling value choice. Analysts rate Xcel Energy Inc. (XEL) a "Buy" — based on 26 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — XEL or ED or WEC or EXC or CMS?
On trailing P/E, Exelon Corporation (EXC) is the cheapest at 16.
2x versus Xcel Energy Inc. at 23. 5x. On forward P/E, Exelon Corporation is actually cheaper at 15. 6x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Consolidated Edison, Inc. wins at 1. 52x versus Xcel Energy Inc. 's 4. 70x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — XEL or ED or WEC or EXC or CMS?
Over the past 5 years, Exelon Corporation (EXC) delivered a total return of +61.
8%, compared to +27. 4% for Xcel Energy Inc. (XEL). Over 10 years, the gap is even starker: XEL returned +139. 7% versus ED's +84. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — XEL or ED or WEC or EXC or CMS?
By beta (market sensitivity over 5 years), Consolidated Edison, Inc.
(ED) is the lower-risk stock at -0. 41β versus Xcel Energy Inc. 's 0. 08β — meaning XEL is approximately -119% more volatile than ED relative to the S&P 500. On balance sheet safety, Consolidated Edison, Inc. (ED) carries a lower debt/equity ratio of 119% versus 195% for CMS Energy Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — XEL or ED or WEC or EXC or CMS?
By revenue growth (latest reported year), WEC Energy Group, Inc.
(WEC) is pulling ahead at 14. 0% versus 5. 3% for Exelon Corporation (EXC). On earnings-per-share growth, the picture is similar: Exelon Corporation grew EPS 11. 8% year-over-year, compared to -0. 6% for Xcel Energy Inc.. Over a 3-year CAGR, EXC leads at 8. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — XEL or ED or WEC or EXC or CMS?
WEC Energy Group, Inc.
(WEC) is the more profitable company, earning 15. 9% net margin versus 11. 4% for Exelon Corporation — meaning it keeps 15. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: WEC leads at 24. 2% versus 17. 3% for ED. At the gross margin level — before operating expenses — ED leads at 62. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is XEL or ED or WEC or EXC or CMS more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Consolidated Edison, Inc. (ED) is the more undervalued stock at a PEG of 1. 52x versus Xcel Energy Inc. 's 4. 70x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Exelon Corporation (EXC) trades at 15. 6x forward P/E versus 20. 2x for WEC Energy Group, Inc. — 4. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for XEL: 13. 1% to $91. 00.
08Which pays a better dividend — XEL or ED or WEC or EXC or CMS?
All stocks in this comparison pay dividends.
Exelon Corporation (EXC) offers the highest yield at 3. 6%, versus 2. 7% for Xcel Energy Inc. (XEL).
09Is XEL or ED or WEC or EXC or CMS better for a retirement portfolio?
For long-horizon retirement investors, Consolidated Edison, Inc.
(ED) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 41), 3. 1% yield). Both have compounded well over 10 years (ED: +84. 5%, XEL: +139. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between XEL and ED and WEC and EXC and CMS?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: XEL is a mid-cap quality compounder stock; ED is a mid-cap income-oriented stock; WEC is a mid-cap income-oriented stock; EXC is a mid-cap deep-value stock; CMS is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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