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

Kimberly-Clark is the larger business by last-quarter revenue ($4.2B vs $3.6B, roughly 1.2× Xcel Energy). Kimberly-Clark runs the higher net margin — 16.2% vs 15.9%, a 0.3% gap on every dollar of revenue. On growth, Xcel Energy posted the faster year-over-year revenue change (14.1% vs 2.7%). Over the past eight quarters, Xcel Energy's revenue compounded faster (-1.2% CAGR vs -9.0%).

Kimberly-Clark Corporation is an American multinational consumer goods and personal care corporation that produces mostly paper-based consumer products. The company manufactures sanitary paper products and surgical & medical instruments. Kimberly-Clark brand name products include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle, Scott and Andrex toilet paper, Wypall utility wipes, KimWipes scientific cleaning wipes and Huggies disposable diapers and baby wipes.

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.

KMB vs XEL — Head-to-Head

Bigger by revenue
KMB
KMB
1.2× larger
KMB
$4.2B
$3.6B
XEL
Growing faster (revenue YoY)
XEL
XEL
+11.4% gap
XEL
14.1%
2.7%
KMB
Higher net margin
KMB
KMB
0.3% more per $
KMB
16.2%
15.9%
XEL
Faster 2-yr revenue CAGR
XEL
XEL
Annualised
XEL
-1.2%
-9.0%
KMB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
KMB
KMB
XEL
XEL
Revenue
$4.2B
$3.6B
Net Profit
$675.0M
$567.0M
Gross Margin
36.8%
Operating Margin
18.1%
16.3%
Net Margin
16.2%
15.9%
Revenue YoY
2.7%
14.1%
Net Profit YoY
17.8%
22.2%
EPS (diluted)
$2.00
$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
KMB
KMB
XEL
XEL
Q1 26
$4.2B
Q4 25
$3.3B
$3.6B
Q3 25
$4.2B
$3.9B
Q2 25
$4.2B
$3.3B
Q1 25
$4.8B
$3.9B
Q4 24
$4.9B
$3.1B
Q3 24
$5.0B
$3.6B
Q2 24
$5.0B
$3.0B
Net Profit
KMB
KMB
XEL
XEL
Q1 26
$675.0M
Q4 25
$499.0M
$567.0M
Q3 25
$446.0M
$524.0M
Q2 25
$509.0M
$444.0M
Q1 25
$567.0M
$483.0M
Q4 24
$447.0M
$464.0M
Q3 24
$907.0M
$682.0M
Q2 24
$544.0M
$302.0M
Gross Margin
KMB
KMB
XEL
XEL
Q1 26
36.8%
Q4 25
37.7%
Q3 25
36.0%
Q2 25
35.0%
Q1 25
35.8%
Q4 24
34.0%
Q3 24
36.0%
Q2 24
36.0%
Operating Margin
KMB
KMB
XEL
XEL
Q1 26
18.1%
Q4 25
11.2%
16.3%
Q3 25
15.0%
19.1%
Q2 25
14.2%
17.6%
Q1 25
15.9%
17.3%
Q4 24
11.1%
11.1%
Q3 24
23.3%
25.0%
Q2 24
13.0%
14.8%
Net Margin
KMB
KMB
XEL
XEL
Q1 26
16.2%
Q4 25
15.1%
15.9%
Q3 25
10.7%
13.4%
Q2 25
12.2%
13.5%
Q1 25
11.7%
12.4%
Q4 24
9.1%
14.9%
Q3 24
18.3%
18.7%
Q2 24
10.8%
10.0%
EPS (diluted)
KMB
KMB
XEL
XEL
Q1 26
$2.00
Q4 25
$1.50
$0.95
Q3 25
$1.34
$0.88
Q2 25
$1.53
$0.75
Q1 25
$1.70
$0.84
Q4 24
$1.34
$0.81
Q3 24
$2.69
$1.21
Q2 24
$1.61
$0.54

Balance Sheet & Financial Strength

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

Metric
KMB
KMB
XEL
XEL
Cash + ST InvestmentsLiquidity on hand
$542.0K
Total DebtLower is stronger
$6.5M
$31.8B
Stockholders' EquityBook value
$1.9M
$23.6B
Total Assets
$17.2M
$81.4B
Debt / EquityLower = less leverage
3.38×
1.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KMB
KMB
XEL
XEL
Q1 26
$542.0K
Q4 25
$688.0M
Q3 25
$617.0M
$1.1B
Q2 25
$634.0M
$1.5B
Q1 25
$563.0M
$1.1B
Q4 24
$1.0B
$179.0M
Q3 24
$1.1B
$1.5B
Q2 24
$1.2B
$1.6B
Total Debt
KMB
KMB
XEL
XEL
Q1 26
$6.5M
Q4 25
$6.5B
$31.8B
Q3 25
$6.5B
$32.0B
Q2 25
$6.5B
$31.1B
Q1 25
$6.5B
$29.4B
Q4 24
$6.9B
$27.3B
Q3 24
$6.9B
$27.5B
Q2 24
$7.2B
$27.7B
Stockholders' Equity
KMB
KMB
XEL
XEL
Q1 26
$1.9M
Q4 25
$1.5B
$23.6B
Q3 25
$1.3B
$21.2B
Q2 25
$1.3B
$21.0B
Q1 25
$1.1B
$19.8B
Q4 24
$840.0M
$19.5B
Q3 24
$1.3B
$19.4B
Q2 24
$1.1B
$18.0B
Total Assets
KMB
KMB
XEL
XEL
Q1 26
$17.2M
Q4 25
$17.1B
$81.4B
Q3 25
$16.9B
$79.2B
Q2 25
$16.8B
$75.3B
Q1 25
$16.3B
$72.7B
Q4 24
$16.5B
$70.0B
Q3 24
$17.2B
$69.3B
Q2 24
$17.3B
$67.9B
Debt / Equity
KMB
KMB
XEL
XEL
Q1 26
3.38×
Q4 25
4.31×
1.35×
Q3 25
4.86×
1.51×
Q2 25
5.09×
1.48×
Q1 25
5.89×
1.48×
Q4 24
8.18×
1.40×
Q3 24
5.36×
1.42×
Q2 24
6.30×
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
KMB
KMB
XEL
XEL
Operating Cash FlowLast quarter
$209.0M
Free Cash FlowOCF − Capex
$-3.2B
FCF MarginFCF / Revenue
-90.7%
Capex IntensityCapex / Revenue
96.5%
Cash ConversionOCF / Net Profit
0.37×
TTM Free Cash FlowTrailing 4 quarters
$-6.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KMB
KMB
XEL
XEL
Q1 26
Q4 25
$972.0M
$209.0M
Q3 25
$708.0M
$1.8B
Q2 25
$770.0M
$1.1B
Q1 25
$327.0M
$1.0B
Q4 24
$817.0M
$664.0M
Q3 24
$958.0M
$1.7B
Q2 24
$1.0B
$1.2B
Free Cash Flow
KMB
KMB
XEL
XEL
Q1 26
Q4 25
$575.0M
$-3.2B
Q3 25
$368.0M
$-1.3B
Q2 25
$573.0M
$-1.3B
Q1 25
$123.0M
$-960.0M
Q4 24
$608.0M
$-1.6B
Q3 24
$798.0M
$-42.0M
Q2 24
$863.0M
$-641.0M
FCF Margin
KMB
KMB
XEL
XEL
Q1 26
Q4 25
17.5%
-90.7%
Q3 25
8.9%
-33.0%
Q2 25
13.8%
-40.9%
Q1 25
2.5%
-24.6%
Q4 24
12.3%
-49.8%
Q3 24
16.1%
-1.2%
Q2 24
17.2%
-21.2%
Capex Intensity
KMB
KMB
XEL
XEL
Q1 26
Q4 25
12.1%
96.5%
Q3 25
8.2%
78.0%
Q2 25
4.7%
73.8%
Q1 25
4.2%
50.9%
Q4 24
4.2%
71.1%
Q3 24
3.2%
48.8%
Q2 24
3.1%
60.5%
Cash Conversion
KMB
KMB
XEL
XEL
Q1 26
Q4 25
1.95×
0.37×
Q3 25
1.59×
3.37×
Q2 25
1.51×
2.43×
Q1 25
0.58×
2.13×
Q4 24
1.83×
1.43×
Q3 24
1.06×
2.55×
Q2 24
1.88×
3.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KMB
KMB

NA$2.7B64%
IPC$1.5B36%

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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