Xcel Energy (XEL) Financials: History & Chart

Xcel Energy Inc. (XEL)XELXcel Energy Inc.

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

11,534 employees

www.xcelenergy.com

Utilities / Regulated Electric

Sector: Utilities
Industry: Regulated Electric
CEO: Robert C. Frenzel

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	14.78B	4.02B	3.56B	3.92B	3.29B	3.91B	3.12B	3.64B	3.03B
Cost of Goods Sold	11.99B	3.11B	5.30B	1.86B	1.73B	2.22B	1.83B	1.78B	1.64B
Gross Profit	2.79B	915.00M	-1.74B	2.06B	1.56B	1.69B	1.29B	1.86B	1.39B
Gross Profit Margin	18.9%	22.8%	-48.8%	52.6%	47.4%	43.1%	41.3%	51.1%	46.0%
Total Operating Expenses	-139.00M	183.00M	-2.61B	1.31B	982.00M	1.01B	941.00M	952.00M	943.00M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income (EBIT)	2.93B	732.00M	876.00M	749.00M	577.00M	677.00M	347.00M	911.00M	449.00M
Operating Margin	19.8%	18.2%	24.6%	19.1%	17.6%	17.3%	11.1%	25.0%	14.8%
Income Before Tax (EBT)	1.86B	509.00M	435.00M	532.00M	384.00M	422.00M	167.00M	692.00M	214.00M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	1.41B	372.00M	355.00M	348.00M	331.00M	309.00M	297.00M	305.00M	303.00M
Other Income/Expense	-1.07B	-223.00M	-441.00M	-217.00M	-193.00M	-255.00M	-180.00M	-219.00M	-235.00M
Net Income	2.09B	556.00M	567.00M	524.00M	444.00M	483.00M	464.00M	682.00M	302.00M
Income Tax Expense	-231.00M	-47.00M	-132.00M	8.00M	-60.00M	-61.00M	-297.00M	10.00M	-88.00M
Net Profit Margin	14.1%	13.8%	15.9%	13.4%	13.5%	12.4%	14.9%	18.7%	10.0%
EBITDA	5.89B	1.50B	1.53B	1.54B	1.33B	1.44B	1.08B	1.63B	1.19B
EBITDA Margin	39.9%	37.3%	42.9%	39.2%	40.5%	36.9%	34.7%	44.7%	39.2%
Depreciation & Amortization	2.96B	768.00M	650.00M	787.00M	753.00M	763.00M	735.00M	717.00M	739.00M
EPS Basic	3.50	0.89	0.95	0.90	0.76	0.84	0.81	1.21	0.54
EPS Diluted	3.50	0.89	0.95	0.90	0.76	0.84	0.81	1.21	0.54
Shares Outstanding	624.00M	624.00M	595.00M	580.00M	580.00M	575.00M	575.00M	564.00M	557.00M
Diluted Shares Outstanding	626.00M	626.00M	597.00M	582.00M	582.00M	577.00M	576.00M	565.00M	557.00M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	14.67B	13.44B	14.21B	15.31B	13.43B	11.53B	11.53B	11.54B
Cost of Goods Sold	11.10B	7.29B	8.23B	9.45B	8.17B	6.56B	6.81B	7.08B
Gross Profit	3.56B	6.15B	5.98B	5.86B	5.26B	4.96B	4.72B	4.45B
Gross Profit Margin	24.3%	45.7%	42.1%	38.3%	39.1%	43.1%	41.0%	38.6%
Total Operating Expenses	686.00M	3.76B	3.50B	3.43B	3.06B	2.85B	2.62B	2.49B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income (EBIT)	2.88B	2.39B	2.48B	2.43B	2.20B	2.12B	2.10B	1.97B
Operating Margin	19.6%	17.8%	17.5%	15.9%	16.4%	18.4%	18.2%	17.0%
Income Before Tax (EBT)	1.77B	1.53B	1.63B	1.60B	1.53B	1.47B	1.50B	1.44B
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	1.34B	1.18B	1.00B	925.00M	816.00M	805.00M	732.00M	652.00M
Other Income/Expense	-1.11B	-852.00M	-856.00M	-827.00M	-676.00M	-649.00M	-604.00M	-523.00M
Net Income	2.02B	1.94B	1.77B	1.74B	1.60B	1.47B	1.37B	1.26B
Income Tax Expense	-245.00M	-402.00M	-146.00M	-135.00M	-70.00M	-6.00M	128.00M	181.00M
Net Profit Margin	13.8%	14.4%	12.5%	11.3%	11.9%	12.8%	11.9%	10.9%
EBITDA	5.83B	5.26B	5.05B	4.98B	4.46B	4.20B	3.99B	3.73B
EBITDA Margin	39.8%	39.1%	35.5%	32.5%	33.2%	36.4%	34.6%	32.3%
Depreciation & Amortization	2.95B	2.88B	2.57B	2.55B	2.26B	2.08B	1.88B	1.76B
EPS Basic	3.44	3.44	3.21	3.17	2.96	2.80	2.64	2.47
EPS Diluted	3.42	3.44	3.21	3.17	2.96	2.79	2.64	2.47
Shares Outstanding	587.00M	563.00M	552.00M	547.00M	539.00M	527.00M	519.00M	511.00M
Diluted Shares Outstanding	589.00M	563.00M	552.00M	547.00M	540.00M	528.00M	520.00M	511.00M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.