Is GEV or XEL cheaper?

On trailing earnings, XEL is cheaper: GEV trades at a 32.95 P/E and XEL at 22.52.

Does GEV or XEL pay a bigger dividend?

GEV yields 0.18% and XEL yields 2.95% based on trailing dividends and the latest price.

Is GEV or XEL more profitable?

GEV runs the higher net margin — GEV at 23.81% versus XEL at 14.14%.

GE Vernova Inc. (GEV) vs Xcel Energy Inc. (XEL)

XEL leads on 7 of 12 compared metrics.

A side-by-side comparison of GE Vernova Inc. and Xcel Energy Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — GEV vs XEL

growth of $100 · last 2y

GEV +759.1%XEL +47.6%GEV compounded faster

Log scale — wide-divergence pair

GEV XEL

GEV vs XEL: by the numbers

•GEV is the larger company ($303.01B vs $49.20B market cap).
•XEL trades at the lower earnings multiple (22.52 vs 32.95 P/E).
•GEV converts more revenue to profit (23.81% vs 14.14% net margin).
•XEL pays the higher dividend yield (2.95% vs 0.18%).

Which is better, GEV or XEL?

Metric tally: GEV 5 · XEL 7

It depends on what you're optimizing for:

ValueXEL(lower P/E)

IncomeXEL(higher dividend yield)

QualityGEV(higher ROIC)

Metrics side by side

Valuation

Metric	GEV	XEL
P/E ratio	32.95	22.52●
Forward P/E	46.20	17.36●
P/S ratio	7.79	3.34●
P/B ratio	22.03	2.07●
PEG ratio	0.17●	5.36
EV / EBITDA	34.86	13.96●
FCF yield	2.45%	—

Profitability

Metric	GEV	XEL
Gross margin	19.93%●	18.91%
Operating margin	3.87%	19.85%●
Net margin	23.81%●	14.14%
ROE	67.34%●	8.78%
ROIC	6.30%●	3.77%

Dividends

Metric	GEV	XEL
Dividend yield	0.18%	2.95%●
Payout ratio	11.16%	67.59%

Growth (annualized)

Metric	GEV	XEL
Revenue CAGR (5Y)	—	3.82%
EPS CAGR (5Y)	—	4.20%
FCF CAGR (5Y)	—	-15.80%
Total return CAGR (5Y)	—	6.72%

Frequently asked

Which is better, GEV or XEL?: It depends on your goal. value: XEL (lower P/E); income: XEL (higher dividend yield); quality: GEV (higher ROIC). Across all compared metrics, XEL leads 7 to 5.
Is GEV or XEL cheaper?: On trailing earnings, XEL is cheaper: GEV trades at a 32.95 P/E and XEL at 22.52.
Does GEV or XEL pay a bigger dividend?: GEV yields 0.18% and XEL yields 2.95% based on trailing dividends and the latest price.
Is GEV or XEL more profitable?: GEV runs the higher net margin — GEV at 23.81% versus XEL at 14.14%.

Go deeper

Full GEV analysis Full XEL analysis Interactive comparison tool

Dig into the metrics

GE Vernova P/E ratio Xcel Energy P/E ratio GE Vernova dividend yield Xcel Energy dividend yield GE Vernova ROE Xcel Energy ROE GE Vernova operating margin Xcel Energy operating margin GE Vernova revenue growth Xcel Energy revenue growth GE Vernova free cash flow Xcel Energy free cash flow

GE Vernova & Xcel Energy appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Largest Companies by Market Cap

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 23, 2026.