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Side-by-side financial comparison of Celanese Corp (CE) 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 $2.2B, roughly 1.6× Celanese Corp). Xcel Energy runs the higher net margin — 15.9% vs 0.6%, a 15.3% gap on every dollar of revenue. On growth, Xcel Energy posted the faster year-over-year revenue change (14.1% vs -7.0%). Celanese Corp produced more free cash flow last quarter ($168.0M vs $-3.2B). Over the past eight quarters, Xcel Energy's revenue compounded faster (-1.2% CAGR vs -8.1%).

Celanese Corporation, formerly known as Hoechst Celanese, is an American technology and specialty materials company headquartered in Irving, Texas. It is a Fortune 500 corporation. The company is the world's leading producer of acetic acid, producing about 1.95 million tonnes per year, representing approximately 20% of global production. Celanese is also the world's largest producer of vinyl acetate monomer (VAM).

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.

CE vs XEL — Head-to-Head

Bigger by revenue
XEL
XEL
1.6× larger
XEL
$3.6B
$2.2B
CE
Growing faster (revenue YoY)
XEL
XEL
+21.1% gap
XEL
14.1%
-7.0%
CE
Higher net margin
XEL
XEL
15.3% more per $
XEL
15.9%
0.6%
CE
More free cash flow
CE
CE
$3.4B more FCF
CE
$168.0M
$-3.2B
XEL
Faster 2-yr revenue CAGR
XEL
XEL
Annualised
XEL
-1.2%
-8.1%
CE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CE
CE
XEL
XEL
Revenue
$2.2B
$3.6B
Net Profit
$14.0M
$567.0M
Gross Margin
19.1%
Operating Margin
4.0%
16.3%
Net Margin
0.6%
15.9%
Revenue YoY
-7.0%
14.1%
Net Profit YoY
100.7%
22.2%
EPS (diluted)
$0.13
$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
CE
CE
XEL
XEL
Q4 25
$2.2B
$3.6B
Q3 25
$2.4B
$3.9B
Q2 25
$2.5B
$3.3B
Q1 25
$2.4B
$3.9B
Q4 24
$2.4B
$3.1B
Q3 24
$2.6B
$3.6B
Q2 24
$2.7B
$3.0B
Q1 24
$2.6B
$3.6B
Net Profit
CE
CE
XEL
XEL
Q4 25
$14.0M
$567.0M
Q3 25
$-1.4B
$524.0M
Q2 25
$199.0M
$444.0M
Q1 25
$-21.0M
$483.0M
Q4 24
$-1.9B
$464.0M
Q3 24
$116.0M
$682.0M
Q2 24
$155.0M
$302.0M
Q1 24
$121.0M
$488.0M
Gross Margin
CE
CE
XEL
XEL
Q4 25
19.1%
Q3 25
21.5%
Q2 25
21.1%
Q1 25
19.9%
Q4 24
22.7%
Q3 24
23.5%
Q2 24
24.2%
Q1 24
21.2%
Operating Margin
CE
CE
XEL
XEL
Q4 25
4.0%
16.3%
Q3 25
-52.7%
19.1%
Q2 25
9.2%
17.6%
Q1 25
7.0%
17.3%
Q4 24
-59.3%
11.1%
Q3 24
9.4%
25.0%
Q2 24
9.4%
14.8%
Q1 24
8.0%
18.6%
Net Margin
CE
CE
XEL
XEL
Q4 25
0.6%
15.9%
Q3 25
-56.1%
13.4%
Q2 25
7.9%
13.5%
Q1 25
-0.9%
12.4%
Q4 24
-80.8%
14.9%
Q3 24
4.4%
18.7%
Q2 24
5.8%
10.0%
Q1 24
4.6%
13.4%
EPS (diluted)
CE
CE
XEL
XEL
Q4 25
$0.13
$0.95
Q3 25
$-12.39
$0.88
Q2 25
$1.81
$0.75
Q1 25
$-0.19
$0.84
Q4 24
$-17.50
$0.81
Q3 24
$1.06
$1.21
Q2 24
$1.41
$0.54
Q1 24
$1.10
$0.88

Balance Sheet & Financial Strength

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

Metric
CE
CE
XEL
XEL
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$11.4B
$31.8B
Stockholders' EquityBook value
$4.0B
$23.6B
Total Assets
$21.7B
$81.4B
Debt / EquityLower = less leverage
2.81×
1.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CE
CE
XEL
XEL
Q4 25
Q3 25
$1.1B
Q2 25
$1.5B
Q1 25
$1.1B
Q4 24
$179.0M
Q3 24
$1.5B
Q2 24
$1.6B
Q1 24
$501.0M
Total Debt
CE
CE
XEL
XEL
Q4 25
$11.4B
$31.8B
Q3 25
$11.7B
$32.0B
Q2 25
$12.7B
$31.1B
Q1 25
$12.4B
$29.4B
Q4 24
$11.1B
$27.3B
Q3 24
$11.3B
$27.5B
Q2 24
$11.1B
$27.7B
Q1 24
$11.0B
$26.4B
Stockholders' Equity
CE
CE
XEL
XEL
Q4 25
$4.0B
$23.6B
Q3 25
$4.0B
$21.2B
Q2 25
$5.3B
$21.0B
Q1 25
$5.2B
$19.8B
Q4 24
$5.2B
$19.5B
Q3 24
$7.3B
$19.4B
Q2 24
$7.2B
$18.0B
Q1 24
$7.1B
$17.8B
Total Assets
CE
CE
XEL
XEL
Q4 25
$21.7B
$81.4B
Q3 25
$22.2B
$79.2B
Q2 25
$23.7B
$75.3B
Q1 25
$23.2B
$72.7B
Q4 24
$22.9B
$70.0B
Q3 24
$25.9B
$69.3B
Q2 24
$25.8B
$67.9B
Q1 24
$26.0B
$65.6B
Debt / Equity
CE
CE
XEL
XEL
Q4 25
2.81×
1.35×
Q3 25
2.95×
1.51×
Q2 25
2.41×
1.48×
Q1 25
2.39×
1.48×
Q4 24
2.14×
1.40×
Q3 24
1.56×
1.42×
Q2 24
1.54×
1.54×
Q1 24
1.56×
1.48×

Cash Flow & Capital Efficiency

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

Metric
CE
CE
XEL
XEL
Operating Cash FlowLast quarter
$252.0M
$209.0M
Free Cash FlowOCF − Capex
$168.0M
$-3.2B
FCF MarginFCF / Revenue
7.6%
-90.7%
Capex IntensityCapex / Revenue
3.8%
96.5%
Cash ConversionOCF / Net Profit
18.00×
0.37×
TTM Free Cash FlowTrailing 4 quarters
$803.0M
$-6.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CE
CE
XEL
XEL
Q4 25
$252.0M
$209.0M
Q3 25
$447.0M
$1.8B
Q2 25
$410.0M
$1.1B
Q1 25
$37.0M
$1.0B
Q4 24
$494.0M
$664.0M
Q3 24
$79.0M
$1.7B
Q2 24
$292.0M
$1.2B
Q1 24
$101.0M
$1.1B
Free Cash Flow
CE
CE
XEL
XEL
Q4 25
$168.0M
$-3.2B
Q3 25
$383.0M
$-1.3B
Q2 25
$317.0M
$-1.3B
Q1 25
$-65.0M
$-960.0M
Q4 24
$389.0M
$-1.6B
Q3 24
$-9.0M
$-42.0M
Q2 24
$187.0M
$-641.0M
Q1 24
$-36.0M
$-487.0M
FCF Margin
CE
CE
XEL
XEL
Q4 25
7.6%
-90.7%
Q3 25
15.8%
-33.0%
Q2 25
12.5%
-40.9%
Q1 25
-2.7%
-24.6%
Q4 24
16.4%
-49.8%
Q3 24
-0.3%
-1.2%
Q2 24
7.1%
-21.2%
Q1 24
-1.4%
-13.3%
Capex Intensity
CE
CE
XEL
XEL
Q4 25
3.8%
96.5%
Q3 25
2.6%
78.0%
Q2 25
3.7%
73.8%
Q1 25
4.3%
50.9%
Q4 24
4.4%
71.1%
Q3 24
3.3%
48.8%
Q2 24
4.0%
60.5%
Q1 24
5.2%
42.1%
Cash Conversion
CE
CE
XEL
XEL
Q4 25
18.00×
0.37×
Q3 25
3.37×
Q2 25
2.06×
2.43×
Q1 25
2.13×
Q4 24
1.43×
Q3 24
0.68×
2.55×
Q2 24
1.88×
3.94×
Q1 24
0.83×
2.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CE
CE

Engineered Materials$1.3B58%
Acetyl Chain$940.0M43%

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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