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Side-by-side financial comparison of Agilent Technologies (A) and Xcel Energy (XEL). Click either name above to swap in a different company.

Xcel Energy is the larger business by last-quarter revenue ($4.0B vs $1.8B, roughly 2.2× Agilent Technologies). Agilent Technologies runs the higher net margin — 17.0% vs 13.8%, a 3.1% gap on every dollar of revenue. On growth, Agilent Technologies posted the faster year-over-year revenue change (7.0% vs 2.9%). Over the past eight quarters, Xcel Energy's revenue compounded faster (15.2% CAGR vs 6.9%).

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emissi...

Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving approximately 3.9 million electricity customers and 2.2 million natural gas customers across parts of eight states as of mid-2025. It consists of four operating subsidiaries: Northern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co.

A vs XEL — Head-to-Head

Bigger by revenue
XEL
XEL
2.2× larger
XEL
$4.0B
$1.8B
A
Growing faster (revenue YoY)
A
A
+4.0% gap
A
7.0%
2.9%
XEL
Higher net margin
A
A
3.1% more per $
A
17.0%
13.8%
XEL
Faster 2-yr revenue CAGR
XEL
XEL
Annualised
XEL
15.2%
6.9%
A

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
A
A
XEL
XEL
Revenue
$1.8B
$4.0B
Net Profit
$305.0M
$556.0M
Gross Margin
52.6%
Operating Margin
19.6%
18.8%
Net Margin
17.0%
13.8%
Revenue YoY
7.0%
2.9%
Net Profit YoY
-4.1%
EPS (diluted)
$1.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
A
A
XEL
XEL
Q1 26
$1.8B
$4.0B
Q4 25
$1.9B
$3.6B
Q3 25
$1.7B
$3.9B
Q2 25
$1.7B
$3.3B
Q1 25
$1.7B
$3.9B
Q4 24
$1.7B
$3.1B
Q3 24
$1.6B
$3.6B
Q2 24
$1.6B
$3.0B
Net Profit
A
A
XEL
XEL
Q1 26
$305.0M
$556.0M
Q4 25
$434.0M
$567.0M
Q3 25
$336.0M
$524.0M
Q2 25
$215.0M
$444.0M
Q1 25
$318.0M
$483.0M
Q4 24
$351.0M
$464.0M
Q3 24
$282.0M
$682.0M
Q2 24
$308.0M
$302.0M
Gross Margin
A
A
XEL
XEL
Q1 26
52.6%
Q4 25
53.2%
Q3 25
51.1%
Q2 25
51.9%
Q1 25
53.5%
Q4 24
53.9%
Q3 24
54.2%
Q2 24
54.4%
Operating Margin
A
A
XEL
XEL
Q1 26
19.6%
18.8%
Q4 25
23.8%
16.3%
Q3 25
20.7%
19.1%
Q2 25
18.0%
17.6%
Q1 25
22.4%
17.3%
Q4 24
24.0%
11.1%
Q3 24
21.1%
25.0%
Q2 24
23.1%
14.8%
Net Margin
A
A
XEL
XEL
Q1 26
17.0%
13.8%
Q4 25
23.3%
15.9%
Q3 25
19.3%
13.4%
Q2 25
12.9%
13.5%
Q1 25
18.9%
12.4%
Q4 24
20.6%
14.9%
Q3 24
17.9%
18.7%
Q2 24
19.6%
10.0%
EPS (diluted)
A
A
XEL
XEL
Q1 26
$1.07
Q4 25
$1.53
$0.95
Q3 25
$1.18
$0.88
Q2 25
$0.75
$0.75
Q1 25
$1.11
$0.84
Q4 24
$1.23
$0.81
Q3 24
$0.97
$1.21
Q2 24
$1.05
$0.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
A
A
XEL
XEL
Cash + ST InvestmentsLiquidity on hand
$1.8B
Total DebtLower is stronger
$3.0B
$35.6B
Stockholders' EquityBook value
$6.9B
Total Assets
$12.8B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
A
A
XEL
XEL
Q1 26
$1.8B
Q4 25
$1.8B
Q3 25
$1.5B
$1.1B
Q2 25
$1.5B
$1.5B
Q1 25
$1.5B
$1.1B
Q4 24
$1.3B
$179.0M
Q3 24
$1.8B
$1.5B
Q2 24
$1.7B
$1.6B
Total Debt
A
A
XEL
XEL
Q1 26
$3.0B
$35.6B
Q4 25
$3.0B
$31.8B
Q3 25
$3.4B
$32.0B
Q2 25
$3.3B
$31.1B
Q1 25
$3.3B
$29.4B
Q4 24
$3.3B
$27.3B
Q3 24
$2.1B
$27.5B
Q2 24
$2.1B
$27.7B
Stockholders' Equity
A
A
XEL
XEL
Q1 26
$6.9B
Q4 25
$6.7B
$23.6B
Q3 25
$6.4B
$21.2B
Q2 25
$6.1B
$21.0B
Q1 25
$6.0B
$19.8B
Q4 24
$5.9B
$19.5B
Q3 24
$5.9B
$19.4B
Q2 24
$6.2B
$18.0B
Total Assets
A
A
XEL
XEL
Q1 26
$12.8B
Q4 25
$12.7B
$81.4B
Q3 25
$12.2B
$79.2B
Q2 25
$12.2B
$75.3B
Q1 25
$11.9B
$72.7B
Q4 24
$11.8B
$70.0B
Q3 24
$11.0B
$69.3B
Q2 24
$10.9B
$67.9B
Debt / Equity
A
A
XEL
XEL
Q1 26
0.44×
Q4 25
0.45×
1.35×
Q3 25
0.53×
1.51×
Q2 25
0.55×
1.48×
Q1 25
0.56×
1.48×
Q4 24
0.57×
1.40×
Q3 24
0.36×
1.42×
Q2 24
0.34×
1.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
A
A
XEL
XEL
Operating Cash FlowLast quarter
$268.0M
Free Cash FlowOCF − Capex
$175.0M
FCF MarginFCF / Revenue
9.7%
Capex IntensityCapex / Revenue
5.2%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$993.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
A
A
XEL
XEL
Q1 26
$268.0M
Q4 25
$545.0M
$209.0M
Q3 25
$362.0M
$1.8B
Q2 25
$221.0M
$1.1B
Q1 25
$431.0M
$1.0B
Q4 24
$481.0M
$664.0M
Q3 24
$452.0M
$1.7B
Q2 24
$333.0M
$1.2B
Free Cash Flow
A
A
XEL
XEL
Q1 26
$175.0M
Q4 25
$452.0M
$-3.2B
Q3 25
$259.0M
$-1.3B
Q2 25
$107.0M
$-1.3B
Q1 25
$334.0M
$-960.0M
Q4 24
$388.0M
$-1.6B
Q3 24
$360.0M
$-42.0M
Q2 24
$230.0M
$-641.0M
FCF Margin
A
A
XEL
XEL
Q1 26
9.7%
Q4 25
24.3%
-90.7%
Q3 25
14.9%
-33.0%
Q2 25
6.4%
-40.9%
Q1 25
19.9%
-24.6%
Q4 24
22.8%
-49.8%
Q3 24
22.8%
-1.2%
Q2 24
14.6%
-21.2%
Capex Intensity
A
A
XEL
XEL
Q1 26
5.2%
Q4 25
5.0%
96.5%
Q3 25
5.9%
78.0%
Q2 25
6.8%
73.8%
Q1 25
5.8%
50.9%
Q4 24
5.5%
71.1%
Q3 24
5.8%
48.8%
Q2 24
6.5%
60.5%
Cash Conversion
A
A
XEL
XEL
Q1 26
0.88×
Q4 25
1.26×
0.37×
Q3 25
1.08×
3.37×
Q2 25
1.03×
2.43×
Q1 25
1.36×
2.13×
Q4 24
1.37×
1.43×
Q3 24
1.60×
2.55×
Q2 24
1.08×
3.94×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

A
A

Service Other$525.0M29%
Chemicaland Energy Market$422.0M23%
Agilent Cross Lab$273.0M15%
Environmentaland Forensics Market$177.0M10%
Food Market$166.0M9%
Academiaand Government Market$130.0M7%
Applied Markets$98.0M5%

XEL
XEL

Electric$3.0B74%
Natural gas$1.0B26%

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