undamentalytics Newsletter

Sempra vs Xcel Energy

Sempra and Xcel Energy are similar in size: $13.70bn and $14.67bn of revenue in their latest fiscal years. Xcel Energy grew faster (9.1% against 3.9%). Xcel Energy kept more of each dollar of sales as profit: a net margin of 13.8% against 13.4%. Sempra carries less debt relative to equity (110.8% against 143.5%).

Latest fiscal yearSempraSRE, 2025Xcel EnergyXEL, 2025
Revenue $13.70bn $14.67bn
Revenue growth 3.9% 9.1%
Net income $1.84bn $2.02bn
Operating margin — 17.6%
Net margin 13.4% 13.8%
Return on equity 5.8% 9.4%
Free cash flow −$6.05bn −$6.83bn
Cash $29.0m $274m
Total debt $35.02bn $33.88bn
Debt to equity 110.8% 143.5%
Dividend per share $2.58 $2.28
Dividend yield 2.9% 2.8%
Share buybacks $58.0m —
Employees 5,094 11,380
Market value $55.65bn $49.99bn
Price vs our value range — —
Moat score 24 (Weak) 35 (Weak)
Insider trades, 12 months 3 buys, 19 sales 0 buys, 2 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.