Is WEC or XEL cheaper?

On trailing earnings, XEL is cheaper: WEC trades at a 22.64 P/E and XEL at 22.63.

Which has grown faster, WEC or XEL?

Over the past five years, WEC grew revenue faster — WEC at a 5.21% CAGR versus XEL at 3.82%.

Does WEC or XEL pay a bigger dividend?

WEC yields 3.25% and XEL yields 2.19% based on trailing dividends and the latest price.

Is WEC or XEL more profitable?

WEC runs the higher net margin — WEC at 16.25% versus XEL at 14.14%.

WEC Energy Group, Inc. (WEC) vs Xcel Energy Inc. (XEL)

WEC leads on 10 of 15 compared metrics.

A side-by-side comparison of WEC Energy Group, Inc. and Xcel Energy Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

WEC

WEC Energy Group, Inc.

Total return — WEC vs XEL

growth of $100 · last 30y

WEC +736.6%XEL +243.5%WEC compounded faster

WEC XEL

WEC vs XEL: by the numbers

•XEL is the larger company ($49.45B vs $36.95B market cap).
•WEC converts more revenue to profit (16.25% vs 14.14% net margin).
•WEC grew revenue faster over the past five years (5.21% vs 3.82% CAGR).
•WEC pays the higher dividend yield (3.25% vs 2.19%).

Which is better, WEC or XEL?

Metric tally: WEC 10 · XEL 5

It depends on what you're optimizing for:

GrowthWEC(faster 5Y revenue CAGR)

IncomeWEC(higher dividend yield)

QualityWEC(higher ROIC)

Valuation

Metric	WEC	XEL
P/E ratio	22.64	22.63
Forward P/E	18.90	17.45●
P/S ratio	3.69	3.35●
P/B ratio	2.63	2.08●
PEG ratio	21.18	5.39●
EV / EBITDA	14.36	14.00●

Profitability

Metric	WEC	XEL
Gross margin	55.74%●	18.91%
Operating margin	23.97%●	19.85%
Net margin	16.25%●	14.14%
ROE	11.57%●	8.78%
ROIC	5.25%●	3.77%

Dividends

Metric	WEC	XEL
Dividend yield	3.25%●	2.19%
Payout ratio	75.93%	50.36%

Growth (annualized)

Metric	WEC	XEL
Revenue CAGR (5Y)	5.21%●	3.82%
EPS CAGR (5Y)	5.04%●	4.20%
FCF CAGR (5Y)	11.42%●	-15.80%
Total return CAGR (5Y)	7.64%●	5.94%

Frequently asked

Which is better, WEC or XEL?: It depends on your goal. growth: WEC (faster 5Y revenue CAGR); income: WEC (higher dividend yield); quality: WEC (higher ROIC). Across all compared metrics, WEC leads 10 to 5.
Is WEC or XEL cheaper?: On trailing earnings, XEL is cheaper: WEC trades at a 22.64 P/E and XEL at 22.63.
Which has grown faster, WEC or XEL?: Over the past five years, WEC grew revenue faster — WEC at a 5.21% CAGR versus XEL at 3.82%.
Does WEC or XEL pay a bigger dividend?: WEC yields 3.25% and XEL yields 2.19% based on trailing dividends and the latest price.
Is WEC or XEL more profitable?: WEC runs the higher net margin — WEC at 16.25% versus XEL at 14.14%.

Go deeper

Full WEC analysis Full XEL analysis Interactive comparison tool

Dig into the metrics

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

WEC Energy & Xcel Energy appear in these rankings

Highest Dividend Yield Stocks

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 14, 2026.