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Side-by-side financial comparison of CROWN HOLDINGS, INC. (CCK) and Xcel Energy (XEL). Click either name above to swap in a different company.

Xcel Energy is the larger business by last-quarter revenue ($3.6B vs $3.3B, roughly 1.1× CROWN HOLDINGS, INC.). Xcel Energy runs the higher net margin — 15.9% vs 6.3%, a 9.6% gap on every dollar of revenue. On growth, Xcel Energy posted the faster year-over-year revenue change (14.1% vs 12.9%). CROWN HOLDINGS, INC. produced more free cash flow last quarter ($-129.0M vs $-3.2B). Over the past eight quarters, CROWN HOLDINGS, INC.'s revenue compounded faster (3.5% CAGR vs -1.2%).

Danish Crown is an internationally oriented Danish food company with butchery operations, processing and sales of primarily pork and beef. Through a number of subsidiaries, the group is widely represented within the food industry with various food products. The CEO is Niels Duedahl and the headquarters are located in Randers.

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.

CCK vs XEL — Head-to-Head

Bigger by revenue
XEL
XEL
1.1× larger
XEL
$3.6B
$3.3B
CCK
Growing faster (revenue YoY)
XEL
XEL
+1.2% gap
XEL
14.1%
12.9%
CCK
Higher net margin
XEL
XEL
9.6% more per $
XEL
15.9%
6.3%
CCK
More free cash flow
CCK
CCK
$3.1B more FCF
CCK
$-129.0M
$-3.2B
XEL
Faster 2-yr revenue CAGR
CCK
CCK
Annualised
CCK
3.5%
-1.2%
XEL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CCK
CCK
XEL
XEL
Revenue
$3.3B
$3.6B
Net Profit
$206.0M
$567.0M
Gross Margin
Operating Margin
11.2%
16.3%
Net Margin
6.3%
15.9%
Revenue YoY
12.9%
14.1%
Net Profit YoY
-9.3%
22.2%
EPS (diluted)
$175.00
$0.95

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
CCK
CCK
XEL
XEL
Q1 26
$3.3B
Q4 25
$3.1B
$3.6B
Q3 25
$3.2B
$3.9B
Q2 25
$3.1B
$3.3B
Q1 25
$2.9B
$3.9B
Q4 24
$2.9B
$3.1B
Q3 24
$3.1B
$3.6B
Q2 24
$3.0B
$3.0B
Net Profit
CCK
CCK
XEL
XEL
Q1 26
$206.0M
Q4 25
$150.0M
$567.0M
Q3 25
$214.0M
$524.0M
Q2 25
$181.0M
$444.0M
Q1 25
$193.0M
$483.0M
Q4 24
$358.0M
$464.0M
Q3 24
$-175.0M
$682.0M
Q2 24
$174.0M
$302.0M
Operating Margin
CCK
CCK
XEL
XEL
Q1 26
11.2%
Q4 25
12.0%
16.3%
Q3 25
13.2%
19.1%
Q2 25
12.4%
17.6%
Q1 25
12.6%
17.3%
Q4 24
12.1%
11.1%
Q3 24
14.4%
25.0%
Q2 24
12.5%
14.8%
Net Margin
CCK
CCK
XEL
XEL
Q1 26
6.3%
Q4 25
4.8%
15.9%
Q3 25
6.7%
13.4%
Q2 25
5.7%
13.5%
Q1 25
6.7%
12.4%
Q4 24
12.3%
14.9%
Q3 24
-5.7%
18.7%
Q2 24
5.7%
10.0%
EPS (diluted)
CCK
CCK
XEL
XEL
Q1 26
$175.00
Q4 25
$1.32
$0.95
Q3 25
$1.85
$0.88
Q2 25
$1.56
$0.75
Q1 25
$1.65
$0.84
Q4 24
$3.01
$0.81
Q3 24
$-1.47
$1.21
Q2 24
$1.45
$0.54

Balance Sheet & Financial Strength

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

Metric
CCK
CCK
XEL
XEL
Cash + ST InvestmentsLiquidity on hand
$584.0M
Total DebtLower is stronger
$53.0M
$31.8B
Stockholders' EquityBook value
$3.4B
$23.6B
Total Assets
$14.3B
$81.4B
Debt / EquityLower = less leverage
0.02×
1.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCK
CCK
XEL
XEL
Q1 26
$584.0M
Q4 25
$764.0M
Q3 25
$1.2B
$1.1B
Q2 25
$936.0M
$1.5B
Q1 25
$779.0M
$1.1B
Q4 24
$918.0M
$179.0M
Q3 24
$1.7B
$1.5B
Q2 24
$1.4B
$1.6B
Total Debt
CCK
CCK
XEL
XEL
Q1 26
$53.0M
Q4 25
$5.9B
$31.8B
Q3 25
$6.2B
$32.0B
Q2 25
$6.3B
$31.1B
Q1 25
$6.2B
$29.4B
Q4 24
$6.1B
$27.3B
Q3 24
$7.4B
$27.5B
Q2 24
$7.3B
$27.7B
Stockholders' Equity
CCK
CCK
XEL
XEL
Q1 26
$3.4B
Q4 25
$3.0B
$23.6B
Q3 25
$3.0B
$21.2B
Q2 25
$2.9B
$21.0B
Q1 25
$2.7B
$19.8B
Q4 24
$2.8B
$19.5B
Q3 24
$2.5B
$19.4B
Q2 24
$2.5B
$18.0B
Total Assets
CCK
CCK
XEL
XEL
Q1 26
$14.3B
Q4 25
$14.3B
$81.4B
Q3 25
$14.6B
$79.2B
Q2 25
$14.5B
$75.3B
Q1 25
$13.8B
$72.7B
Q4 24
$13.8B
$70.0B
Q3 24
$15.1B
$69.3B
Q2 24
$14.9B
$67.9B
Debt / Equity
CCK
CCK
XEL
XEL
Q1 26
0.02×
Q4 25
1.96×
1.35×
Q3 25
2.07×
1.51×
Q2 25
2.18×
1.48×
Q1 25
2.31×
1.48×
Q4 24
2.23×
1.40×
Q3 24
2.93×
1.42×
Q2 24
2.92×
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
CCK
CCK
XEL
XEL
Operating Cash FlowLast quarter
$209.0M
Free Cash FlowOCF − Capex
$-129.0M
$-3.2B
FCF MarginFCF / Revenue
-4.0%
-90.7%
Capex IntensityCapex / Revenue
2.7%
96.5%
Cash ConversionOCF / Net Profit
0.37×
TTM Free Cash FlowTrailing 4 quarters
$1.0B
$-6.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCK
CCK
XEL
XEL
Q1 26
Q4 25
$487.0M
$209.0M
Q3 25
$580.0M
$1.8B
Q2 25
$449.0M
$1.1B
Q1 25
$14.0M
$1.0B
Q4 24
$295.0M
$664.0M
Q3 24
$554.0M
$1.7B
Q2 24
$445.0M
$1.2B
Free Cash Flow
CCK
CCK
XEL
XEL
Q1 26
$-129.0M
Q4 25
$255.0M
$-3.2B
Q3 25
$488.0M
$-1.3B
Q2 25
$393.0M
$-1.3B
Q1 25
$-19.0M
$-960.0M
Q4 24
$146.0M
$-1.6B
Q3 24
$478.0M
$-42.0M
Q2 24
$361.0M
$-641.0M
FCF Margin
CCK
CCK
XEL
XEL
Q1 26
-4.0%
Q4 25
8.2%
-90.7%
Q3 25
15.2%
-33.0%
Q2 25
12.5%
-40.9%
Q1 25
-0.7%
-24.6%
Q4 24
5.0%
-49.8%
Q3 24
15.5%
-1.2%
Q2 24
11.9%
-21.2%
Capex Intensity
CCK
CCK
XEL
XEL
Q1 26
2.7%
Q4 25
7.4%
96.5%
Q3 25
2.9%
78.0%
Q2 25
1.8%
73.8%
Q1 25
1.1%
50.9%
Q4 24
5.1%
71.1%
Q3 24
2.5%
48.8%
Q2 24
2.8%
60.5%
Cash Conversion
CCK
CCK
XEL
XEL
Q1 26
Q4 25
3.25×
0.37×
Q3 25
2.71×
3.37×
Q2 25
2.48×
2.43×
Q1 25
0.07×
2.13×
Q4 24
0.82×
1.43×
Q3 24
2.55×
Q2 24
2.56×
3.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CCK
CCK

Americas Beverage$1.5B47%
European Beverage$588.0M18%
Transit Packaging$496.0M15%
Other$342.0M10%
Asia Pacific$303.0M9%

XEL
XEL

Retail Distribution$2.3B64%
Regulated Natural Gas Segment$737.0M21%
Alternativeand Other$212.0M6%
Transmission Services$164.0M5%
Wholesale Distribution$159.0M4%
Other Services$8.0M0%

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