Regulated Electric
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XEL vs GEV
Revenue, margins, valuation, and 5-year total return — side by side.
Renewable Utilities
XEL vs GEV — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Regulated Electric | Renewable Utilities |
| Market Cap | $50.28B | $300.69B |
| Revenue (TTM) | $14.78B | $39.38B |
| Net Income (TTM) | $2.09B | $9.38B |
| Gross Margin | 18.9% | 19.9% |
| Operating Margin | 19.8% | 3.9% |
| Forward P/E | 19.6x | 40.3x |
| Total Debt | $34.78B | $0.00 |
| Cash & Equiv. | $274M | $8.85B |
XEL vs GEV — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Mar 24 | May 26 | Return |
|---|---|---|---|
| Xcel Energy Inc. (XEL) | 100 | 149.9 | +49.9% |
| GE Vernova Inc. (GEV) | 100 | 818.3 | +718.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: XEL vs GEV
Each card shows where this stock fits in a portfolio — not just who wins on paper.
XEL carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 17 yrs, beta 0.08, yield 2.7%
- Rev growth 9.1%, EPS growth -0.6%, 3Y rev CAGR -1.4%
- Lower volatility, beta 0.08, current ratio 0.71x
GEV is the clearest fit if your priority is long-term compounding.
- 7.5% 10Y total return vs XEL's 144.2%
- 23.8% margin vs XEL's 14.1%
- +179.3% vs XEL's +16.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 9.1% revenue growth vs GEV's 8.9% | |
| Value | Lower P/E (19.6x vs 40.3x) | |
| Quality / Margins | 23.8% margin vs XEL's 14.1% | |
| Stability / Safety | Beta 0.08 vs GEV's 1.76 | |
| Dividends | 2.7% yield, 17-year raise streak, vs GEV's 0.1% | |
| Momentum (1Y) | +179.3% vs XEL's +16.6% | |
| Efficiency (ROA) | 15.2% ROA vs XEL's 2.6%, ROIC 27.9% vs 4.0% |
XEL vs GEV — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
XEL vs GEV — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
GEV leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
GEV is the larger business by revenue, generating $39.4B annually — 2.7x XEL's $14.8B. GEV is the more profitable business, keeping 23.8% of every revenue dollar as net income compared to XEL's 14.1%. On growth, GEV holds the edge at +16.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $14.8B | $39.4B |
| EBITDAEarnings before interest/tax | $5.9B | $2.2B |
| Net IncomeAfter-tax profit | $2.1B | $9.4B |
| Free Cash FlowCash after capex | -$343M | $3.6B |
| Gross MarginGross profit ÷ Revenue | +18.9% | +19.9% |
| Operating MarginEBIT ÷ Revenue | +19.8% | +3.9% |
| Net MarginNet income ÷ Revenue | +14.1% | +23.8% |
| FCF MarginFCF ÷ Revenue | -2.3% | +9.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +2.9% | +16.1% |
| EPS Growth (YoY)Latest quarter vs prior year | +6.0% | +18.2% |
Valuation Metrics
XEL leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
At 23.6x trailing earnings, XEL trades at a 63% valuation discount to GEV's 63.3x P/E. On an enterprise value basis, XEL's 14.5x EV/EBITDA is more attractive than GEV's 130.2x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $50.3B | $300.7B |
| Enterprise ValueMkt cap + debt − cash | $84.8B | $291.8B |
| Trailing P/EPrice ÷ TTM EPS | 23.55x | 63.25x |
| Forward P/EPrice ÷ next-FY EPS est. | 19.57x | 40.26x |
| PEG RatioP/E ÷ EPS growth rate | 5.67x | — |
| EV / EBITDAEnterprise value multiple | 14.54x | 130.23x |
| Price / SalesMarket cap ÷ Revenue | 3.43x | 7.90x |
| Price / BookPrice ÷ Book value/share | 2.01x | 25.12x |
| Price / FCFMarket cap ÷ FCF | — | 81.03x |
Profitability & Efficiency
GEV leads this category, winning 7 of 7 comparable metrics.
Profitability & Efficiency
GEV delivers a 79.7% return on equity — every $100 of shareholder capital generates $80 in annual profit, vs $9 for XEL. On the Piotroski fundamental quality scale (0–9), GEV scores 6/9 vs XEL's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +9.3% | +79.7% |
| ROA (TTM)Return on assets | +2.6% | +15.2% |
| ROICReturn on invested capital | +4.0% | +27.9% |
| ROCEReturn on capital employed | +4.2% | +6.6% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 1.47x | — |
| Net DebtTotal debt minus cash | $34.5B | -$8.8B |
| Cash & Equiv.Liquid assets | $274M | $8.8B |
| Total DebtShort + long-term debt | $34.8B | $0 |
| Interest CoverageEBIT ÷ Interest expense | 2.32x | — |
Total Returns (Dividends Reinvested)
GEV leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in GEV five years ago would be worth $85,407 today (with dividends reinvested), compared to $12,720 for XEL. Over the past 12 months, GEV leads with a +179.3% total return vs XEL's +16.6%. The 3-year compound annual growth rate (CAGR) favors GEV at 104.4% vs XEL's 7.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +8.7% | +64.8% |
| 1-Year ReturnPast 12 months | +16.6% | +179.3% |
| 3-Year ReturnCumulative with dividends | +25.8% | +754.1% |
| 5-Year ReturnCumulative with dividends | +27.2% | +754.1% |
| 10-Year ReturnCumulative with dividends | +144.2% | +754.1% |
| CAGR (3Y)Annualised 3-year return | +7.9% | +104.4% |
Risk & Volatility
XEL leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
XEL is the less volatile stock with a 0.08 beta — it tends to amplify market swings less than GEV's 1.76 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.08x | 1.76x |
| 52-Week HighHighest price in past year | $84.23 | $1181.95 |
| 52-Week LowLowest price in past year | $65.21 | $387.03 |
| % of 52W HighCurrent price vs 52-week peak | +95.6% | +94.7% |
| RSI (14)Momentum oscillator 0–100 | 54.5 | 63.8 |
| Avg Volume (50D)Average daily shares traded | 4.3M | 2.4M |
Analyst Outlook
XEL leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates XEL as "Buy" and GEV as "Buy". Consensus price targets imply 13.0% upside for XEL (target: $91) vs 0.1% for GEV (target: $1120). XEL is the only dividend payer here at 2.70% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $91.00 | $1119.95 |
| # AnalystsCovering analysts | 26 | 28 |
| Dividend YieldAnnual dividend ÷ price | +2.7% | +0.1% |
| Dividend StreakConsecutive years of raises | 17 | 1 |
| Dividend / ShareAnnual DPS | $2.18 | $1.00 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.1% |
GEV leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). XEL leads in 3 (Valuation Metrics, Risk & Volatility).
XEL vs GEV: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is XEL or GEV a better buy right now?
For growth investors, Xcel Energy Inc.
(XEL) is the stronger pick with 9. 1% revenue growth year-over-year, versus 8. 9% for GE Vernova Inc. (GEV). Xcel Energy Inc. (XEL) offers the better valuation at 23. 6x trailing P/E (19. 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 GEV?
On trailing P/E, Xcel Energy Inc.
(XEL) is the cheapest at 23. 6x versus GE Vernova Inc. at 63. 3x. On forward P/E, Xcel Energy Inc. is actually cheaper at 19. 6x.
03Which is the better long-term investment — XEL or GEV?
Over the past 5 years, GE Vernova Inc.
(GEV) delivered a total return of +754. 1%, compared to +27. 2% for Xcel Energy Inc. (XEL). Over 10 years, the gap is even starker: GEV returned +754. 1% versus XEL's +144. 2%. 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 GEV?
By beta (market sensitivity over 5 years), Xcel Energy Inc.
(XEL) is the lower-risk stock at 0. 08β versus GE Vernova Inc. 's 1. 76β — meaning GEV is approximately 2103% more volatile than XEL relative to the S&P 500.
05Which is growing faster — XEL or GEV?
By revenue growth (latest reported year), Xcel Energy Inc.
(XEL) is pulling ahead at 9. 1% versus 8. 9% for GE Vernova Inc. (GEV). On earnings-per-share growth, the picture is similar: GE Vernova Inc. grew EPS 217. 0% year-over-year, compared to -0. 6% for Xcel Energy Inc.. Over a 3-year CAGR, GEV leads at 8. 7% 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 GEV?
Xcel Energy Inc.
(XEL) is the more profitable company, earning 13. 8% net margin versus 12. 8% for GE Vernova Inc. — meaning it keeps 13. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: XEL leads at 19. 6% versus 3. 6% for GEV. At the gross margin level — before operating expenses — XEL leads at 24. 3%, 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 GEV more undervalued right now?
On forward earnings alone, Xcel Energy Inc.
(XEL) trades at 19. 6x forward P/E versus 40. 3x for GE Vernova Inc. — 20. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for XEL: 13. 0% to $91. 00.
08Which pays a better dividend — XEL or GEV?
In this comparison, XEL (2.
7% yield) pays a dividend. GEV does not pay a meaningful dividend and should not be held primarily for income.
09Is XEL or GEV better for a retirement portfolio?
For long-horizon retirement investors, Xcel Energy Inc.
(XEL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 08), 2. 7% yield, +144. 2% 10Y return). GE Vernova Inc. (GEV) carries a higher beta of 1. 76 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (XEL: +144. 2%, GEV: +754. 1%), 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 GEV?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
XEL pays a dividend while GEV does not, making them suitable for different income and tax situations. 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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