XEL
Xcel Energy Inc
NASDAQ: XEL · UTILITIES · UTILITIES - REGULATED ELECTRIC
$78.82
-0.83% today
Updated 2026-04-29
Market cap
$49.20B
P/E ratio
23.05
P/S ratio
3.35x
EPS (TTM)
$3.42
Dividend yield
2.87%
52W range
$64 – $84
Volume
4.5M
Xcel Energy Inc (XEL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.84B | $10.03B | $11.20B | $9.64B | $10.31B | $10.65B | $10.13B | $10.91B | $11.69B | $11.02B | $11.11B | $11.40B | $11.54B | $11.53B | $11.53B | $13.43B | $15.31B | $14.21B | $13.44B | $14.67B |
| Revenue growth (YoY) | — | +2.0% | +11.7% | -13.9% | +6.9% | +3.3% | -4.9% | +7.8% | +7.1% | -5.7% | +0.8% | +2.7% | +1.2% | -0.1% | -0.0% | +16.5% | +14.0% | -7.2% | -5.4% | +9.1% |
| Cost of revenue | $4.10B | $5.68B | $6.80B | $4.96B | $7.26B | $7.33B | $6.71B | $7.41B | $7.95B | $7.03B | $6.79B | $6.88B | $7.08B | $6.81B | $6.56B | $8.17B | $9.45B | $8.23B | $7.29B | $11.10B |
| Gross profit | $5.74B | $4.35B | $4.40B | $4.68B | $3.05B | $3.33B | $3.42B | $3.51B | $3.73B | $3.99B | $4.32B | $4.52B | $4.45B | $4.72B | $4.96B | $5.26B | $5.86B | $5.98B | $6.15B | $3.56B |
| Gross margin | 58.3% | 43.3% | 39.3% | 48.6% | 29.6% | 31.2% | 33.7% | 32.1% | 32.0% | 36.2% | 38.9% | 39.6% | 38.6% | 41.0% | 43.1% | 39.1% | 38.3% | 42.1% | 45.7% | 24.3% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | — | — | $182.11M | $239.83M | $281.38M | $7.37M | $8.29M | $6.92M | $3.85M | $3.37M | $3.00M | $846.00M | $569.00M | $612.00M | $630.00M | $688.00M | — | — | — |
| Operating income | $1.18B | $1.35B | $1.39B | $1.47B | $1.62B | $1.78B | $1.82B | $1.85B | $1.95B | $2.00B | $2.21B | $2.19B | $1.97B | $2.10B | $2.12B | $2.20B | $2.43B | $2.48B | $2.39B | $2.88B |
| Operating margin | 12.0% | 13.5% | 12.4% | 15.2% | 15.7% | 16.7% | 18.0% | 16.9% | 16.7% | 18.1% | 19.9% | 19.2% | 17.0% | 18.2% | 18.4% | 16.4% | 15.9% | 17.5% | 17.8% | 19.6% |
| EBITDA | $2.07B | $2.25B | $2.41B | $2.49B | $2.69B | $2.86B | $2.94B | $3.04B | $3.20B | $3.32B | $3.73B | $3.90B | $3.88B | $4.11B | $4.32B | $4.60B | $5.08B | $5.20B | $5.59B | $6.07B |
| EBITDA margin | 21.1% | 22.4% | 21.5% | 25.9% | 26.1% | 26.8% | 29.1% | 27.8% | 27.4% | 30.1% | 33.6% | 34.2% | 33.6% | 35.7% | 37.5% | 34.2% | 33.2% | 36.6% | 41.6% | 41.4% |
| EBIT | $1.18B | $1.35B | $1.47B | $1.68B | $1.72B | $1.97B | $2.02B | $2.06B | $2.18B | $2.20B | $2.31B | $2.31B | $2.11B | $2.23B | $2.24B | $2.34B | $2.53B | $2.63B | $2.72B | $3.12B |
| Interest expense | $486.97B | $520.04M | $552.92M | $561.65M | $548.62M | $562.92M | $559.68M | $525.61M | $524.37M | $564.52M | $614.02M | $604.00M | $652.00M | $732.00M | $805.00M | $816.00M | $925.00M | $1.00B | $1.18B | $1.34B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $571.75M | $577.35M | $645.55M | $680.89M | $755.83M | $841.17M | $905.23M | $948.23M | $1.02B | $984.49M | $1.12B | $1.15B | $1.26B | $1.37B | $1.47B | $1.60B | $1.74B | $1.77B | $1.94B | $2.02B |
| Net income growth (YoY) | — | +1.0% | +11.8% | +5.5% | +11.0% | +11.3% | +7.6% | +4.8% | +7.7% | -3.6% | +14.1% | +2.2% | +9.8% | +8.8% | +7.4% | +8.4% | +8.7% | +2.0% | +9.3% | +4.2% |
| Profit margin | 5.8% | 5.8% | 5.8% | 7.1% | 7.3% | 7.9% | 8.9% | 8.7% | 8.7% | 8.9% | 10.1% | 10.1% | 10.9% | 11.9% | 12.8% | 11.9% | 11.3% | 12.5% | 14.4% | 13.8% |