Xcel Energy (XEL) Interest Coverage Ratio: 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

my.xcelenergy.com/s

Utilities / Regulated Electric

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

View full financials

XEL Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

1.46x

INTEREST COVERAGE RATIO AVG TTM

1.96x

INTEREST COVERAGE RATIO AVG 3Y

2.11x

INTEREST COVERAGE RATIO AVG 5Y

2.12x

INTEREST COVERAGE RATIO AVG 10Y

2.56x

INTEREST COVERAGE RATIO AVG 15Y

2.75x

INTEREST COVERAGE RATIO AVG 20Y

2.85x

CURRENT VS TTM AVG

-25.37%

CURRENT VS 3Y AVG

-30.81%

CURRENT VS 5Y AVG

-30.90%

CURRENT VS 10Y AVG

-42.80%

CURRENT VS 15Y AVG

-46.77%

CURRENT VS 20Y AVG

-48.79%

SECTOR MEDIAN · UTILITIES

2.38x

median of 40 covered companies

CURRENT VS SECTOR MEDIAN

-38.71%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Xcel Energy Inc. (XEL)	$48.82B	1.46x	1.96x	2.11x	2.12x
Vistra Corp. (VST)vs ›	$49.97B	1.13x	3.41x	3.78x	4.03x
Entergy Corporation (ETR)vs ›	$50.22B	2.28x	2.29x	2.31x	2.29x
Exelon Corporation (EXC)vs ›	$46.88B	2.42x	2.34x	2.33x	2.19x
PG&E Corporation (PCG)vs ›	$46.58B	1.61x	1.54x	1.47x	1.47x
Consolidated Edison, Inc. (ED)vs ›	$40.11B	2.38x	2.34x	2.42x	2.56x
Sempra (SRE)vs ›	$57.89B	2.12x	2.15x	2.51x	2.53x
Public Service Enterprise Group Incorporated (PEG)vs ›	$38.21B	3.10x	2.95x	3.43x	3.63x
Dominion Energy, Inc. (D)vs ›	$60.84B	2.18x	1.95x	1.85x	1.74x
WEC Energy Group, Inc. (WEC)vs ›	$35.64B	2.65x	2.65x	2.91x	3.13x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Xcel Energy Inc. (XEL)

$48.82B

1.46x

1.96x

2.11x

2.12x

Vistra Corp. (VST)vs ›

$49.97B

1.13x

3.41x

3.78x

4.03x

Entergy Corporation (ETR)vs ›

$50.22B

2.28x

2.29x

2.31x

2.29x

Exelon Corporation (EXC)vs ›

$46.88B

2.42x

2.34x

2.33x

2.19x

PG&E Corporation (PCG)vs ›

$46.58B

1.61x

1.54x

1.47x

Consolidated Edison, Inc. (ED)vs ›

$40.11B

2.38x

2.34x

2.42x

2.56x

Sempra (SRE)vs ›

$57.89B

2.12x

2.15x

2.51x

2.53x

Public Service Enterprise Group Incorporated (PEG)vs ›

$38.21B

3.10x

2.95x

3.43x

3.63x

Dominion Energy, Inc. (D)vs ›

$60.84B

2.18x

1.95x

1.85x

1.74x

WEC Energy Group, Inc. (WEC)vs ›

$35.64B

2.65x

2.91x

3.13x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Xcel Energy Inc. (XEL)?

The interest coverage ratio for XEL stock is 1.46x.

Is Xcel Energy Inc.'s interest coverage ratio high or low?

The interest coverage ratio of 1.46x is 37% below its 5-year average of 2.32x, near the low end of its 5-year range (1.17x–4.04x).

What is the TTM average interest coverage ratio for Xcel Energy Inc. (XEL)?

The TTM average interest coverage ratio for XEL stock is 1.96x.

What is the 3Y average interest coverage ratio for Xcel Energy Inc. (XEL)?

The 3Y average interest coverage ratio for XEL stock is 2.11x.

What is the 5Y average interest coverage ratio for Xcel Energy Inc. (XEL)?

The 5Y average interest coverage ratio for XEL stock is 2.12x.

What is the 10Y average interest coverage ratio for Xcel Energy Inc. (XEL)?

The 10Y average interest coverage ratio for XEL stock is 2.56x.

What is the 15Y average interest coverage ratio for Xcel Energy Inc. (XEL)?

The 15Y average interest coverage ratio for XEL stock is 2.75x.

What is the 20Y average interest coverage ratio for Xcel Energy Inc. (XEL)?

The 20Y average interest coverage ratio for XEL stock is 2.85x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	1.46x
2026-03-31	1.97x
2025-12-31	2.47x
2025-09-30	2.15x
2025-06-30	1.74x
2025-03-31	2.19x
2024-12-31	1.17x
2024-09-30	2.99x
2024-06-30	1.48x
2024-03-31	2.45x
2023-12-31	2.17x
2023-09-30	3.59x
2023-06-30	1.63x
2023-03-31	2.36x
2022-12-31	2.27x
2022-09-30	3.90x
2022-06-30	1.95x
2022-03-31	2.44x
2021-12-31	2.10x
2021-09-30	4.04x
2021-06-30	2.13x
2021-03-31	2.54x
2020-12-31	2.10x
2020-09-30	3.87x
2020-06-30	2.15x
2020-03-31	2.32x
2019-12-31	2.45x
2019-09-30	3.97x
2019-06-30	2.30x
2019-03-31	2.70x
2018-12-31	1.92x
2018-09-30	4.22x
2018-06-30	2.73x
2018-03-31	3.00x
2017-12-31	2.84x
2017-09-30	5.15x
2017-06-30	2.91x
2017-03-31	3.09x
2016-12-31	3.03x
2016-09-30	5.27x
2016-06-30	2.88x
2016-03-31	3.40x
2015-12-31	3.14x
2015-09-30	5.64x
2015-06-30	3.20x
2015-03-31	2.64x
2014-12-31	3.00x
2014-09-30	5.22x
2014-06-30	3.21x
2014-03-31	3.99x
2013-12-31	2.56x
2013-09-30	5.14x
2013-06-30	3.24x
2013-03-31	3.64x
2012-12-31	2.48x
2012-09-30	5.03x
2012-06-30	2.67x
2012-03-31	2.50x
2011-12-31	2.36x
2011-09-30	4.60x
2011-06-30	2.46x
2011-03-31	3.12x
2010-12-31	2.32x
2010-09-30	4.10x
2010-06-30	2.41x
2010-03-31	2.97x
2009-12-31	2.70x
2009-09-30	3.58x
2009-06-30	2.16x
2009-03-31	2.82x
2008-12-31	0.64x
2008-09-30	3.21x
2008-06-30	26.16x
2008-03-31	2.50x
2007-12-31	0.55x
2007-09-30	3.61x
2007-03-31	340.84x
2006-09-30	190.83x
2006-06-30	243.93x
2005-12-31	292.36x
2005-09-30	188.98x
2005-06-30	39.97x
2005-03-31	557.98x
2004-12-31	14.51x
2004-09-30	46.01x
2004-06-30	26.18x
2004-03-31	42.10x
2003-12-31	6.88x
2003-09-30	16.72x
2003-06-30	0.02x
2003-03-31	0.00x
2002-09-30	-471.07x

DATE

INTEREST COVERAGE RATIO

2026-06-30

1.46x

2026-03-31

1.97x

2025-12-31

2.47x

2025-09-30

2.15x

2025-06-30

1.74x

2025-03-31

2.19x

2024-12-31

1.17x

2024-09-30

2.99x

2024-06-30

1.48x

2024-03-31

2.45x

2023-12-31

2.17x

2023-09-30

3.59x

2023-06-30

1.63x

2023-03-31

2.36x

2022-12-31

2.27x

2022-09-30

3.90x

2022-06-30

1.95x

2022-03-31

2.44x

2021-12-31

2.10x

2021-09-30

4.04x

2021-06-30

2.13x

2021-03-31

2.54x

2020-12-31

2.10x

2020-09-30

3.87x

2020-06-30

2.15x

2020-03-31

2.32x

2019-12-31

2.45x

2019-09-30

3.97x

2019-06-30

2.30x

2019-03-31

2.70x

2018-12-31

1.92x

2018-09-30

4.22x

2018-06-30

2.73x

2018-03-31

3.00x

2017-12-31

2.84x

2017-09-30

5.15x

2017-06-30

2.91x

2017-03-31

3.09x

2016-12-31

3.03x

2016-09-30

5.27x

2016-06-30

2.88x

2016-03-31

3.40x

2015-12-31

3.14x

2015-09-30

5.64x

2015-06-30

3.20x

2015-03-31

2.64x

2014-12-31

3.00x

2014-09-30

5.22x

2014-06-30

3.21x

2014-03-31

3.99x

2013-12-31

2.56x

2013-09-30

5.14x

2013-06-30

3.24x

2013-03-31

3.64x

2012-12-31

2.48x

2012-09-30

5.03x

2012-06-30

2.67x

2012-03-31

2.50x

2011-12-31

2.36x

2011-09-30

4.60x

2011-06-30

2.46x

2011-03-31

3.12x

2010-12-31

2.32x

2010-09-30

4.10x

2010-06-30

2.41x

2010-03-31

2.97x

2009-12-31

2.70x

2009-09-30

3.58x

2009-06-30

2.16x

2009-03-31

2.82x

2008-12-31

0.64x

2008-09-30

3.21x

2008-06-30

26.16x

2008-03-31

2.50x

2007-12-31

0.55x

2007-09-30

3.61x

2007-03-31

340.84x

2006-09-30

190.83x

2006-06-30

243.93x

2005-12-31

292.36x

2005-09-30

188.98x

2005-06-30

39.97x

2005-03-31

557.98x

2004-12-31

14.51x

2004-09-30

46.01x

2004-06-30

26.18x

2004-03-31

42.10x

2003-12-31

6.88x

2003-09-30

16.72x

2003-06-30

0.02x

2003-03-31

0.00x

2002-09-30

-471.07x

Interest Coverage Ratio: 1.46x

XEL Interest Coverage Ratio

XEL Average Interest Coverage Ratio Chart

XEL Current vs Average Interest Coverage Ratio Chart

XEL Interest Coverage Ratio Metrics

XEL Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

XEL Interest Coverage Ratio History

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