XEL · Xcel Energy Inc - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · XEL

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	-	-	-	-	-	-
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	-	-	-	-	-	-
Total Operating Expenses	$12.09B	$11.05B	$11.72B	$12.88B	$11.23B	$9.41B
D&A	-	-	-	-	-	-
Operating Income	$2.58B	$2.39B	$2.48B	$2.43B	$2.20B	$2.12B
Interest Expense	$1.47B	$1.25B	$1.05B	$953.00M	$842.00M	$840.00M
Income Tax	($245.00M)	($402.00M)	($146.00M)	($135.00M)	($70.00M)	($6.00M)
Net Income	$2.02B	$1.94B	$1.77B	$1.74B	$1.60B	$1.47B
EPS - Basic	$3.44	$3.44	$3.21	$3.18	$2.96	$2.79
EPS - Diluted	$3.42	$3.44	$3.21	$3.17	$2.96	$2.79

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$274.00M	$179.00M	$129.00M	$111.00M	$166.00M	$129.00M
Accounts Receivable	$1.33B	$1.25B	$1.31B	$1.37B	$1.02B	$916.00M
Inventory	-	-	-	-	-	-
Accounts Payable	$2.31B	$1.78B	$1.67B	$1.80B	$1.41B	$1.24B
Current Assets	$5.01B	$4.33B	$4.07B	$5.14B	$4.24B	$3.27B
Total Assets	$81.37B	$70.03B	$64.08B	$61.19B	$57.85B	$53.96B
Current Liabilities	$7.09B	$6.46B	$5.65B	$6.08B	$5.05B	$4.24B
Long-term Debt	$31.83B	$3.55B◇	-	-	-	-
Total Liabilities	-	-	-	-	-	-
Stockholders' Equity	$23.61B	$19.52B	$17.62B	$16.68B	$15.61B	$14.57B
Retained Earnings	$9.21B	$8.55B	$7.86B	$7.24B	$6.57B	$5.97B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$4.08B	$4.64B	$5.33B	$3.93B	$2.19B	$2.85B
Investing Cash Flow	($10.97B)	($7.43B)	($5.93B)	($4.65B)	($4.29B)	($4.74B)
Financing Cash Flow	$6.98B	$2.84B	$617.00M	$666.00M	$2.13B	$1.77B
CapEx	$10.91B	$7.36B	$5.85B	$4.64B	$4.24B	$5.37B
Free Cash Flow	($6.83B)	($2.72B)	($527.00M)	($706.00M)	($2.06B)	($2.52B)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	-	-	-	-	-	-
EBITDA margin	-	-	-	-	-	-
Net margin	-	-	-	-	-	-
Free cash flow margin	-	-	-	-	-	-
FCF / Net income	-3.38	-1.41	-0.30	-0.41	-1.29	-1.71
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	-	-	-	-	-	-
Effective tax rate	-13.8%	-26.2%	-9.0%	-8.4%	-4.6%	-0.4%
Return on assets	2.5%	2.8%	2.8%	2.8%	2.8%	2.7%
Return on equity	8.5%	9.9%	10.1%	10.4%	10.2%	10.1%
Return on invested capital	4.7%	10.3%	-	-	-	-
Liquidity
Current ratio	0.71	0.67	0.72	0.85	0.84	0.77
Quick ratio	0.71	0.67	0.72	0.85	0.84	0.77
Cash ratio	0.04	0.03	0.02	0.02	0.03	0.03
Leverage
Debt / Equity	1.35	0.18	-	-	-	-
Debt / Assets	0.39	0.05	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	1.8x	1.9x	2.4x	2.5x	2.6x	2.5x
Equity multiplier	3.45	3.59	3.64	3.67	3.71	3.70
Liabilities / Assets	-	-	-	-	-	-
Efficiency
Asset turnover	-	-	-	-	-	-
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	-	-	-	-	-
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	21.6x	19.6x	19.3x	22.1x	22.9x	23.9x
P / B	1.8x	1.9x	1.9x	2.3x	2.3x	2.4x
P / S	-	-	-	-	-	-
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	-	-	-	-	-	-
Revenue CAGR (3y)	-	-	-	-	-	-
Revenue CAGR (5y)	-	-	-	-	-	-
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	8.3%	-3.8%	2.2%	10.2%	4.1%	0.6%
Net income growth (YoY)	4.2%	9.3%	2.0%	8.7%	8.4%	7.4%
EPS growth (YoY)	-0.6%	7.2%	1.3%	7.1%	6.1%	5.7%
EPS CAGR (3y)	2.6%	5.1%	4.8%	6.3%	6.2%	7.4%
EPS CAGR (5y)	4.2%	5.4%	5.4%	7.1%	6.0%	7.5%
FCF growth (YoY)	-150.6%	-416.7%	25.4%	65.6%	18.5%	-162.1%
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	20.9%	10.8%	5.6%	6.8%	7.1%	10.1%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$14.67B total

Regulated Electric$12.16B · 82.9%

Regulated Natural Gas$2.45B · 16.7%

All Other Segments$57.00M · 0.4%

Product / service

$16.88B total

Product$11.49B · 68.1%

Retail Distribution$3.90B · 23.1%

Wholesale Distribution$715.00M · 4.2%

Transmission Services$705.00M · 4.2%

Other Services$69.00M · 0.4%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

4/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✗Long-term debt decreased
✓Current ratio improved
✗No share dilution
-Gross margin improved
-Asset turnover improved

Peer comparison

Same SIC group: Electric & Other Services Combined

Company	Revenue (last FY)	Net margin	ROE
ED	$17.05B	11.9%	8.4%
AVA	$1.96B	9.8%	7.1%
DUK	-	-	9.6%
WEC	$9.80B	15.9%	11.1%
AEE	-	-	-

Comparing XCEL ENERGY INC against the 5 most active filers in the same SIC group.

Dividends

$2.30/share trailing 12 months · +4.0% YoY

Ex-date	Per share
Mar 13, 2026	$0.5930
Dec 29, 2025	$0.5700
Sep 15, 2025	$0.5700
Jun 13, 2025	$0.5700
Mar 14, 2025	$0.5700
Jan 6, 2025	$0.5480
Sep 13, 2024	$0.5480
Jun 14, 2024	$0.5480
Mar 14, 2024	$0.5480
Dec 27, 2023	$0.5200
Sep 14, 2023	$0.5200
Jun 14, 2023	$0.5200
Mar 14, 2023	$0.5200
Dec 28, 2022	$0.4880
Sep 14, 2022	$0.4880
Jun 14, 2022	$0.4880
Mar 14, 2022	$0.4880
Dec 21, 2021	$0.4580
Sep 14, 2021	$0.4580
Jun 14, 2021	$0.4580
Mar 12, 2021	$0.4580
Dec 22, 2020	$0.4300
Sep 14, 2020	$0.4300
Jun 12, 2020	$0.4300

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.