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Xcel Energy Inc. (XEL) EBITDA Margin: 41.37%

Is Xcel Energy Inc.’s EBITDA margin high or low?

Xcel Energy Inc.'s EBITDA margin of 41.37% is 11% above its 5-year average of 37.41%, near the high end of its 5-year range (33.18%–41.60%).

As of Tuesday, June 16, 2026. 0.28% below its 12-month average of 41.48%.

XEL EBITDA Margin Chart

XEL EBITDA Margin
41.37%-0.55% 1Y
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XEL Average EBITDA Margin Chart

XEL Current vs Average EBITDA Margin Chart

XEL EBITDA Margin Metrics

EBITDA MARGIN

41.37%

EBITDA MARGIN AVG TTM

41.48%

EBITDA MARGIN AVG 3Y

38.18%

EBITDA MARGIN AVG 5Y

37.41%

EBITDA MARGIN AVG 10Y

35.61%

EBITDA MARGIN AVG 15Y

33.06%

EBITDA MARGIN AVG 20Y

30.46%

CURRENT VS TTM AVG

-0.28%

CURRENT VS 3Y AVG

+8.35%

CURRENT VS 5Y AVG

+10.59%

CURRENT VS 10Y AVG

+16.18%

CURRENT VS 15Y AVG

+25.14%

CURRENT VS 20Y AVG

+35.83%

XEL Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
Xcel Energy Inc. (XEL)$49.51B41.37%41.48%38.18%37.41%
Exelon Corporation (EXC)vs ›$47.67B37.35%36.42%36.75%38.51%
Entergy Corporation (ETR)vs ›$51.95B47.46%44.93%40.29%40.22%
Public Service Enterprise Group Incorporated (PEG)vs ›$40.30B38.10%38.67%37.93%34.12%
Consolidated Edison, Inc. (ED)vs ›$40.23B36.36%36.14%36.66%35.36%
Sempra (SRE)vs ›$60.28B50.09%47.62%40.59%37.42%
Dominion Energy, Inc. (D)vs ›$60.38B48.59%47.49%44.79%45.88%
WEC Energy Group, Inc. (WEC)vs ›$37.36B41.30%43.42%40.41%39.71%
Ameren Corporation (AEE)vs ›$30.58B45.93%46.17%44.42%44.44%
Atmos Energy Corporation (ATO)vs ›$28.49B50.70%50.52%44.31%43.74%

Margin Comparison

Gross Margin

18.9%

EBITDA Margin

41.4%

Operating Margin

19.9%

Net Margin

14.1%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

Xcel Energy Inc. EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Xcel Energy Inc. EBITDA Margin FAQ

What is the EBITDA margin for Xcel Energy Inc. (XEL)?
The EBITDA margin for XEL stock is 41.37%.
Is Xcel Energy Inc.'s EBITDA margin high or low?
Xcel Energy Inc.'s EBITDA margin of 41.37% is 11% above its 5-year average of 37.41%, near the high end of its 5-year range (33.18%–41.60%).
What is the TTM average EBITDA margin for Xcel Energy Inc. (XEL)?
The TTM average EBITDA margin for XEL stock is 41.48%.
What is the 3Y average EBITDA margin for Xcel Energy Inc. (XEL)?
The 3Y average EBITDA margin for XEL stock is 38.18%.
What is the 5Y average EBITDA margin for Xcel Energy Inc. (XEL)?
The 5Y average EBITDA margin for XEL stock is 37.41%.
What is the 10Y average EBITDA margin for Xcel Energy Inc. (XEL)?
The 10Y average EBITDA margin for XEL stock is 35.61%.
What is the 15Y average EBITDA margin for Xcel Energy Inc. (XEL)?
The 15Y average EBITDA margin for XEL stock is 33.06%.
What is the 20Y average EBITDA margin for Xcel Energy Inc. (XEL)?
The 20Y average EBITDA margin for XEL stock is 30.46%.

Xcel Energy Inc. EBITDA Margin History

DATEEBITDA MARGIN
2025-12-3141.37%
2024-12-3141.60%
2023-12-3136.58%
2022-12-3133.18%
2021-12-3134.25%
2020-12-3137.47%
2019-12-3135.68%
2018-12-3133.59%
2017-12-3134.22%
2016-12-3133.63%
2015-12-3130.13%
2014-12-3127.39%
2013-12-3127.83%
2012-12-3129.07%
2011-12-3126.83%
2010-12-3126.13%
2009-12-3125.86%
2008-12-3121.48%
2007-12-3122.44%
2006-12-3121.05%
2005-12-3119.83%
2004-12-3122.47%
2003-12-3125.12%
2002-12-3128.71%
2001-12-3125.15%
2000-12-3119.80%
1999-12-3123.91%
1998-12-3126.27%
1997-12-3132.07%
1996-12-3134.24%

About Xcel Energy Inc.

Xcel Energy Inc., through its various operating units, functions as a multifaceted energy company involved in the complete cycle of electricity – from its production and procurement to its transmission, delivery, and eventual sale. Its business is organized into three main divisions: Regulated Electric Utility, Regulated Natural Gas Utility, and a final "All Other" segment. The company employs a diverse range of energy sources for electricity generation, including traditional options like coal, nuclear power, natural gas, and oil, as well as a strong focus on renewables such as hydroelectric, solar, biomass, wood/refuse, and wind. In addition to its electric services, Xcel Energy is active in the natural gas sector, managing the acquisition, pipeline transport, distribution, and retail sales of natural gas. It also offers transportation services for natural gas owned by its customers. The firm's operations also encompass the creation and leasing of critical natural gas infrastructure, including pipelines, storage depots, and compression facilities. Furthermore, Xcel Energy diversifies its investments into rental housing ventures and is responsible for sourcing necessary equipment for the construction of new renewable power facilities. Serving a broad customer base that includes residential households, commercial enterprises, and industrial clients, the company's service area covers specific geographic regions in Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel Energy provides electricity to approximately 3.7 million customers and supplies natural gas to around 2.1 million consumers. The company, founded in 1909, maintains its headquarters in Minneapolis, Minnesota.

Minneapolis, MN
11,380 employees
Utilities / Regulated Electric
Sector
Utilities
Industry
Regulated Electric
CEO
Robert C. Frenzel