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Side-by-side financial comparison of News Corp (Class A) (NWSA) 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 $2.4B, roughly 1.5× News Corp (Class A)). Xcel Energy runs the higher net margin — 15.9% vs 8.2%, a 7.8% gap on every dollar of revenue. On growth, Xcel Energy posted the faster year-over-year revenue change (14.1% vs 5.5%). News Corp (Class A) produced more free cash flow last quarter ($132.0M vs $-3.2B). Over the past eight quarters, Xcel Energy's revenue compounded faster (-1.2% CAGR vs -1.3%).

News is information about current events. This may be provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, or through the testimony of observers and witnesses to events. News is sometimes called "hard news" to differentiate it from soft media.

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.

NWSA vs XEL — Head-to-Head

Bigger by revenue
XEL
XEL
1.5× larger
XEL
$3.6B
$2.4B
NWSA
Growing faster (revenue YoY)
XEL
XEL
+8.6% gap
XEL
14.1%
5.5%
NWSA
Higher net margin
XEL
XEL
7.8% more per $
XEL
15.9%
8.2%
NWSA
More free cash flow
NWSA
NWSA
$3.4B more FCF
NWSA
$132.0M
$-3.2B
XEL
Faster 2-yr revenue CAGR
XEL
XEL
Annualised
XEL
-1.2%
-1.3%
NWSA

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
NWSA
NWSA
XEL
XEL
Revenue
$2.4B
$3.6B
Net Profit
$193.0M
$567.0M
Gross Margin
Operating Margin
16.3%
Net Margin
8.2%
15.9%
Revenue YoY
5.5%
14.1%
Net Profit YoY
-10.2%
22.2%
EPS (diluted)
$0.34
$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
NWSA
NWSA
XEL
XEL
Q4 25
$2.4B
$3.6B
Q3 25
$2.1B
$3.9B
Q2 25
$1.6B
$3.3B
Q1 25
$2.0B
$3.9B
Q4 24
$2.2B
$3.1B
Q3 24
$2.6B
$3.6B
Q2 24
$2.6B
$3.0B
Q1 24
$2.4B
$3.6B
Net Profit
NWSA
NWSA
XEL
XEL
Q4 25
$193.0M
$567.0M
Q3 25
$112.0M
$524.0M
Q2 25
$743.0M
$444.0M
Q1 25
$103.0M
$483.0M
Q4 24
$215.0M
$464.0M
Q3 24
$119.0M
$682.0M
Q2 24
$50.0M
$302.0M
Q1 24
$30.0M
$488.0M
Operating Margin
NWSA
NWSA
XEL
XEL
Q4 25
16.3%
Q3 25
19.1%
Q2 25
8.5%
17.6%
Q1 25
7.5%
17.3%
Q4 24
19.2%
11.1%
Q3 24
7.9%
25.0%
Q2 24
4.3%
14.8%
Q1 24
2.6%
18.6%
Net Margin
NWSA
NWSA
XEL
XEL
Q4 25
8.2%
15.9%
Q3 25
5.2%
13.4%
Q2 25
45.6%
13.5%
Q1 25
5.1%
12.4%
Q4 24
9.6%
14.9%
Q3 24
4.6%
18.7%
Q2 24
1.9%
10.0%
Q1 24
1.2%
13.4%
EPS (diluted)
NWSA
NWSA
XEL
XEL
Q4 25
$0.34
$0.95
Q3 25
$0.20
$0.88
Q2 25
$1.30
$0.75
Q1 25
$0.18
$0.84
Q4 24
$0.38
$0.81
Q3 24
$0.21
$1.21
Q2 24
$0.09
$0.54
Q1 24
$0.05
$0.88

Balance Sheet & Financial Strength

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

Metric
NWSA
NWSA
XEL
XEL
Cash + ST InvestmentsLiquidity on hand
$2.1B
Total DebtLower is stronger
$2.0B
$31.8B
Stockholders' EquityBook value
$8.8B
$23.6B
Total Assets
$15.5B
$81.4B
Debt / EquityLower = less leverage
0.22×
1.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NWSA
NWSA
XEL
XEL
Q4 25
$2.1B
Q3 25
$2.2B
$1.1B
Q2 25
$2.4B
$1.5B
Q1 25
$2.1B
$1.1B
Q4 24
$1.8B
$179.0M
Q3 24
$1.8B
$1.5B
Q2 24
$2.0B
$1.6B
Q1 24
$1.9B
$501.0M
Total Debt
NWSA
NWSA
XEL
XEL
Q4 25
$2.0B
$31.8B
Q3 25
$2.0B
$32.0B
Q2 25
$2.0B
$31.1B
Q1 25
$2.0B
$29.4B
Q4 24
$2.0B
$27.3B
Q3 24
$2.9B
$27.5B
Q2 24
$2.9B
$27.7B
Q1 24
$2.9B
$26.4B
Stockholders' Equity
NWSA
NWSA
XEL
XEL
Q4 25
$8.8B
$23.6B
Q3 25
$8.7B
$21.2B
Q2 25
$8.8B
$21.0B
Q1 25
$8.2B
$19.8B
Q4 24
$8.1B
$19.5B
Q3 24
$8.3B
$19.4B
Q2 24
$8.1B
$18.0B
Q1 24
$8.1B
$17.8B
Total Assets
NWSA
NWSA
XEL
XEL
Q4 25
$15.5B
$81.4B
Q3 25
$15.3B
$79.2B
Q2 25
$15.5B
$75.3B
Q1 25
$16.6B
$72.7B
Q4 24
$16.2B
$70.0B
Q3 24
$16.9B
$69.3B
Q2 24
$16.7B
$67.9B
Q1 24
$16.5B
$65.6B
Debt / Equity
NWSA
NWSA
XEL
XEL
Q4 25
0.22×
1.35×
Q3 25
0.22×
1.51×
Q2 25
0.22×
1.48×
Q1 25
0.24×
1.48×
Q4 24
0.24×
1.40×
Q3 24
0.35×
1.42×
Q2 24
0.36×
1.54×
Q1 24
0.36×
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
NWSA
NWSA
XEL
XEL
Operating Cash FlowLast quarter
$231.0M
$209.0M
Free Cash FlowOCF − Capex
$132.0M
$-3.2B
FCF MarginFCF / Revenue
5.6%
-90.7%
Capex IntensityCapex / Revenue
4.2%
96.5%
Cash ConversionOCF / Net Profit
1.20×
0.37×
TTM Free Cash FlowTrailing 4 quarters
$586.0M
$-6.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NWSA
NWSA
XEL
XEL
Q4 25
$231.0M
$209.0M
Q3 25
$85.0M
$1.8B
Q2 25
$189.0M
$1.1B
Q1 25
$511.0M
$1.0B
Q4 24
$252.0M
$664.0M
Q3 24
$64.0M
$1.7B
Q2 24
$254.0M
$1.2B
Q1 24
$539.0M
$1.1B
Free Cash Flow
NWSA
NWSA
XEL
XEL
Q4 25
$132.0M
$-3.2B
Q3 25
$4.0M
$-1.3B
Q2 25
$32.0M
$-1.3B
Q1 25
$418.0M
$-960.0M
Q4 24
$190.0M
$-1.6B
Q3 24
$-31.0M
$-42.0M
Q2 24
$111.0M
$-641.0M
Q1 24
$422.0M
$-487.0M
FCF Margin
NWSA
NWSA
XEL
XEL
Q4 25
5.6%
-90.7%
Q3 25
0.2%
-33.0%
Q2 25
2.0%
-40.9%
Q1 25
20.8%
-24.6%
Q4 24
8.5%
-49.8%
Q3 24
-1.2%
-1.2%
Q2 24
4.3%
-21.2%
Q1 24
17.4%
-13.3%
Capex Intensity
NWSA
NWSA
XEL
XEL
Q4 25
4.2%
96.5%
Q3 25
3.8%
78.0%
Q2 25
9.6%
73.8%
Q1 25
4.6%
50.9%
Q4 24
2.8%
71.1%
Q3 24
3.7%
48.8%
Q2 24
5.5%
60.5%
Q1 24
4.8%
42.1%
Cash Conversion
NWSA
NWSA
XEL
XEL
Q4 25
1.20×
0.37×
Q3 25
0.76×
3.37×
Q2 25
0.25×
2.43×
Q1 25
4.96×
2.13×
Q4 24
1.17×
1.43×
Q3 24
0.54×
2.55×
Q2 24
5.08×
3.94×
Q1 24
17.97×
2.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NWSA
NWSA

Book Publishing Segment$633.0M27%
Consumer$607.0M26%
News And Information Services Segment$570.0M24%
Real Estate$401.0M17%
Other Product Or Service$173.0M7%

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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