FE vs. XEL

Last updated Apr 1, 2026

Compare and contrast key facts about FirstEnergy Corp. (FE) and Xcel Energy Inc. (XEL).

Performance

FE vs. XEL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FirstEnergy Corp. (FE) and Xcel Energy Inc. (XEL). The values are adjusted to include any dividend payments, if applicable.

FE vs. XEL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FE FirstEnergy Corp.	14.24%	17.26%	13.24%	-8.86%	4.79%	41.81%	-34.18%	34.13%	27.85%	3.61%
XEL Xcel Energy Inc.	8.35%	13.89%	12.32%	-8.67%	6.44%	4.40%	7.77%	32.37%	5.88%	21.91%

Fundamentals

Market Cap FE : $29.28B XEL : $47.43B
EPS FE : $2.20 XEL : $3.44
PE Ratio FE : 23.06 XEL : 23.11
PEG Ratio FE : 0.99 XEL : 5.95
PS Ratio FE : 1.94 XEL : 3.18
Total Revenue (TTM) FE : $15.09B XEL : $14.67B
Gross Profit (TTM) FE : $9.86B XEL : $5.30B
EBITDA (TTM) FE : $2.21B XEL : $6.19B

Returns By Period

In the year-to-date period, FE achieves a 14.24% return, which is significantly higher than XEL's 8.35% return. Over the past 10 years, FE has underperformed XEL with an annualized return of 7.87%, while XEL has yielded a comparatively higher 9.92% annualized return.

FE

• 1D: 0.48%
• 1M: -0.98%
• YTD: 14.24%
• 6M: 12.71%
• 1Y: 30.44%
• 3Y*: 12.74%
• 5Y*: 12.61%
• 10Y*: 7.87%

XEL

• 1D: 0.35%
• 1M: -4.00%
• YTD: 8.35%
• 6M: -0.01%
• 1Y: 15.77%
• 3Y*: 9.29%
• 5Y*: 6.86%
• 10Y*: 9.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FE vs. XEL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FE

FE Risk / Return Rank: 89
FE Sharpe Ratio Rank: 91
FE Sortino Ratio Rank: 89
FE Omega Ratio Rank: 87
FE Calmar Ratio Rank: 91
FE Martin Ratio Rank: 87

XEL

XEL Risk / Return Rank: 68
XEL Sharpe Ratio Rank: 70
XEL Sortino Ratio Rank: 63
XEL Omega Ratio Rank: 61
XEL Calmar Ratio Rank: 72
XEL Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FE vs. XEL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FirstEnergy Corp. (FE) and Xcel Energy Inc. (XEL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FE	XEL	Difference
Sharpe ratio Return per unit of total volatility	1.97	0.80	+1.17
Sortino ratio Return per unit of downside risk	2.69	1.23	+1.46
Omega ratio Gain probability vs. loss probability	1.35	1.16	+0.19
Calmar ratio Return relative to maximum drawdown	4.09	1.53	+2.56
Martin ratio Return relative to average drawdown	8.84	3.81	+5.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FE vs. XEL - Sharpe Ratio Comparison

The current FE Sharpe Ratio is 1.97, which is higher than the XEL Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of FE and XEL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FE	XEL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.97	0.80	+1.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.34	+0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.46	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.41	-0.12

Correlation

The correlation between FE and XEL is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FE vs. XEL - Dividend Comparison

FE's dividend yield for the trailing twelve months is around 3.51%, more than XEL's 2.90% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FE FirstEnergy Corp.	3.51%	3.93%	4.24%	4.31%	3.72%	3.75%	5.10%	3.13%	3.83%	4.70%	4.65%	4.54%
XEL Xcel Energy Inc.	2.90%	3.83%	2.43%	3.36%	2.78%	2.70%	2.58%	2.55%	3.09%	2.99%	3.34%	3.56%

Drawdowns

FE vs. XEL - Drawdown Comparison

The maximum FE drawdown since its inception was -55.75%, smaller than the maximum XEL drawdown of -80.64%. Use the drawdown chart below to compare losses from any high point for FE and XEL.

Drawdown Indicators

	FE	XEL	Difference
Max Drawdown Largest peak-to-trough decline	-55.75%	-80.64%	+24.89%
Max Drawdown (1Y) Largest decline over 1 year	-7.73%	-11.50%	+3.77%
Max Drawdown (5Y) Largest decline over 5 years	-28.59%	-34.41%	+5.82%
Max Drawdown (10Y) Largest decline over 10 years	-47.68%	-34.41%	-13.27%
Current Drawdown Current decline from peak	-2.13%	-4.63%	+2.50%
Average Drawdown Average peak-to-trough decline	-21.33%	-11.35%	-9.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.58%	4.60%	-1.02%

Volatility

FE vs. XEL - Volatility Comparison

The current volatility for FirstEnergy Corp. (FE) is 4.57%, while Xcel Energy Inc. (XEL) has a volatility of 5.23%. This indicates that FE experiences smaller price fluctuations and is considered to be less risky than XEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FE	XEL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	5.23%	-0.66%
Volatility (6M) Calculated over the trailing 6-month period	10.29%	11.72%	-1.43%
Volatility (1Y) Calculated over the trailing 1-year period	15.55%	19.77%	-4.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.30%	20.47%	-1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.88%	21.57%	+3.31%

Financials

FE vs. XEL - Profitability Comparison

The chart below illustrates the profitability comparison between FirstEnergy Corp. and Xcel Energy Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, FirstEnergy Corp. reported a gross profit of 2.57B and revenue of 3.80B. Therefore, the gross margin over that period was 67.6%.

XEL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Xcel Energy Inc. reported a gross profit of 0.00 and revenue of 3.56B. Therefore, the gross margin over that period was 0.0%.

FE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, FirstEnergy Corp. reported an operating income of -24.00M and revenue of 3.80B, resulting in an operating margin of -0.6%.

XEL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Xcel Energy Inc. reported an operating income of 580.00M and revenue of 3.56B, resulting in an operating margin of 16.3%.

FE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, FirstEnergy Corp. reported a net income of 202.00M and revenue of 3.80B, resulting in a net margin of 5.3%.

XEL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Xcel Energy Inc. reported a net income of 567.00M and revenue of 3.56B, resulting in a net margin of 15.9%.