Xcel Energy Inc. (XEL) EV/EBITDA Ratio: 13.96x
Is Xcel Energy Inc.’s EV/EBITDA ratio high or low?
Xcel Energy Inc.'s EV/EBITDA ratio of 13.96x is 11% above its 5-year average of 12.59x, near the high end of its 5-year range (10.39x–14.49x).
The EV/EBITDA ratio for Xcel Energy Inc. (XEL) is 13.96x as of Tuesday, June 9, 2026. It is above its 12-month average by 4.76% (13.33x).
XEL EV/EBITDA Ratio Chart
XEL Average EV/EBITDA Ratio Chart
XEL Current vs Average EV/EBITDA Ratio Chart
XEL EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
13.96x
EV/EBITDA RATIO AVG TTM
13.33x
EV/EBITDA RATIO AVG 3Y
12.19x
EV/EBITDA RATIO AVG 5Y
12.59x
EV/EBITDA RATIO AVG 10Y
12.06x
EV/EBITDA RATIO AVG 15Y
10.97x
EV/EBITDA RATIO AVG 20Y
9.88x
CURRENT VS TTM AVG
+4.76%
CURRENT VS 3Y AVG
+14.51%
CURRENT VS 5Y AVG
+10.92%
CURRENT VS 10Y AVG
+15.79%
CURRENT VS 15Y AVG
+27.22%
CURRENT VS 20Y AVG
+41.24%
XEL Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Xcel Energy Inc. (XEL) | — | 13.96x | 13.33x | 12.19x | 12.59x |
| Exelon Corporation (EXC) | $46.38B | 10.90x | 10.76x | 10.66x | 9.87x |
| Consolidated Edison, Inc. (ED) | $39.21B | 9.43x | 9.90x | 10.05x | 10.87x |
| Dominion Energy, Inc. (D) | $58.27B | 13.85x | 12.84x | 12.28x | 13.56x |
| Sempra (SRE) | $59.40B | 15.48x | 15.13x | 14.61x | 16.36x |
| WEC Energy Group, Inc. (WEC) | $36.84B | 14.71x | 13.91x | 13.36x | 13.82x |
| American Electric Power Company, Inc. (AEP) | $69.51B | 13.95x | 12.68x | 12.47x | 12.46x |
| Duke Energy Corporation (DUK) | $96.53B | 11.60x | 11.75x | 11.61x | 12.26x |
| The Southern Company (SO) | $104.78B | 12.46x | 12.36x | 12.46x | 12.97x |
| NextEra Energy, Inc. (NEE) | $176.90B | 16.24x | 17.75x | 15.32x | 20.73x |
EV/EBITDA vs. its own history
At 14.0, EV/EBITDA is richer than usual — richer than 97% of its 20-year range.
20-year low
3.9
median
9.8
20-year high
14.5
Understanding EV/EBITDA
Enterprise Value (EV) = Market Cap + Total Debt - Cash
EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization
EV/EBITDA is commonly used for comparing companies because:
- It accounts for debt levels (capital structure neutral)
- It removes effects of different depreciation policies
- It can be compared across countries with different tax rates
- It can remain available when net income is negative, if EBITDA is positive
Xcel Energy Inc. EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Xcel Energy Inc. EV/EBITDA Ratio FAQ
- What is the EV/EBITDA ratio for Xcel Energy Inc. (XEL)?
- The EV/EBITDA ratio for XEL stock is 13.96x.
- Is Xcel Energy Inc.'s EV/EBITDA ratio high or low?
- Xcel Energy Inc.'s EV/EBITDA ratio of 13.96x is 11% above its 5-year average of 12.59x, near the high end of its 5-year range (10.39x–14.49x).
- What is the TTM average EV/EBITDA ratio for Xcel Energy Inc. (XEL)?
- The TTM average EV/EBITDA ratio for XEL stock is 13.33x.
- What is the 3Y average EV/EBITDA ratio for Xcel Energy Inc. (XEL)?
- The 3Y average EV/EBITDA ratio for XEL stock is 12.19x.
- What is the 5Y average EV/EBITDA ratio for Xcel Energy Inc. (XEL)?
- The 5Y average EV/EBITDA ratio for XEL stock is 12.59x.
- What is the 10Y average EV/EBITDA ratio for Xcel Energy Inc. (XEL)?
- The 10Y average EV/EBITDA ratio for XEL stock is 12.06x.
- What is the 15Y average EV/EBITDA ratio for Xcel Energy Inc. (XEL)?
- The 15Y average EV/EBITDA ratio for XEL stock is 10.97x.
- What is the 20Y average EV/EBITDA ratio for Xcel Energy Inc. (XEL)?
- The 20Y average EV/EBITDA ratio for XEL stock is 9.88x.
Xcel Energy Inc. EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-09 | 13.96x |
| 2026-06-08 | 13.94x |
| 2026-06-05 | 14.09x |
| 2026-06-04 | 13.95x |
| 2026-06-03 | 13.92x |
| 2026-06-02 | 13.96x |
| 2026-06-01 | 13.81x |
| 2026-05-29 | 14.13x |
| 2026-05-28 | 14.11x |
| 2026-05-27 | 14.29x |
| 2026-05-26 | 14.26x |
| 2026-05-22 | 14.30x |
| 2026-05-21 | 14.21x |
| 2026-05-20 | 14.17x |
| 2026-05-19 | 14.16x |
| 2026-05-18 | 13.99x |
| 2026-05-15 | 13.97x |
| 2026-05-14 | 14.19x |
| 2026-05-13 | 14.18x |
| 2026-05-12 | 14.17x |
| 2026-05-11 | 14.25x |
| 2026-05-08 | 14.12x |
| 2026-05-07 | 14.23x |
| 2026-05-06 | 14.24x |
| 2026-05-05 | 14.33x |
| 2026-05-04 | 14.31x |
| 2026-05-01 | 14.45x |
| 2026-04-30 | 14.49x |
| 2026-04-29 | 13.46x |
| 2026-04-28 | 13.52x |
| 2026-04-27 | 13.52x |
| 2026-04-24 | 13.49x |
| 2026-04-23 | 13.52x |
| 2026-04-22 | 13.39x |
| 2026-04-21 | 13.48x |
| 2026-04-20 | 13.61x |
| 2026-04-17 | 13.68x |
| 2026-04-16 | 13.68x |
| 2026-04-15 | 13.44x |
| 2026-04-14 | 13.56x |
| 2026-04-13 | 13.62x |
| 2026-04-10 | 13.81x |
| 2026-04-09 | 13.85x |
| 2026-04-08 | 13.72x |
| 2026-04-07 | 13.63x |
| 2026-04-06 | 13.61x |
| 2026-04-02 | 13.65x |
| 2026-04-01 | 13.55x |
| 2026-03-31 | 13.52x |
| 2026-03-30 | 13.49x |
| 2026-03-27 | 13.39x |
| 2026-03-26 | 13.37x |
| 2026-03-25 | 13.35x |
| 2026-03-24 | 13.37x |
| 2026-03-23 | 13.27x |
| 2026-03-20 | 13.26x |
| 2026-03-19 | 13.53x |
| 2026-03-18 | 13.58x |
| 2026-03-17 | 13.71x |
| 2026-03-16 | 13.74x |
| 2026-03-13 | 13.76x |
| 2026-03-12 | 13.66x |
| 2026-03-11 | 13.67x |
| 2026-03-10 | 13.76x |
| 2026-03-09 | 13.78x |
| 2026-03-06 | 13.82x |
| 2026-03-05 | 13.81x |
| 2026-03-04 | 13.87x |
| 2026-03-03 | 13.89x |
| 2026-03-02 | 13.95x |
| 2026-02-27 | 13.91x |
| 2026-02-26 | 13.92x |
| 2026-02-25 | 13.93x |
| 2026-02-24 | 14.16x |
| 2026-02-23 | 14.11x |
| 2026-02-20 | 13.93x |
| 2026-02-19 | 13.85x |
| 2026-02-18 | 13.74x |
| 2026-02-17 | 13.85x |
| 2026-02-13 | 13.93x |
| 2026-02-12 | 13.67x |
| 2026-02-11 | 13.56x |
| 2026-02-10 | 13.52x |
| 2026-02-09 | 13.42x |
| 2026-02-06 | 13.36x |
| 2026-02-05 | 13.38x |
| 2026-02-04 | 13.39x |
| 2026-02-03 | 13.37x |
| 2026-02-02 | 13.22x |
| 2026-01-30 | 13.38x |
| 2026-01-29 | 13.37x |
| 2026-01-28 | 13.37x |
| 2026-01-27 | 13.41x |
| 2026-01-26 | 13.35x |
| 2026-01-23 | 13.27x |
| 2026-01-22 | 13.36x |
| 2026-01-21 | 13.42x |
| 2026-01-20 | 13.39x |
| 2026-01-16 | 13.33x |
| 2026-01-15 | 13.31x |
| 2026-01-14 | 13.39x |
| 2026-01-13 | 13.27x |
| 2026-01-12 | 13.17x |
| 2026-01-09 | 13.20x |
| 2026-01-08 | 13.11x |
| 2026-01-07 | 13.09x |
| 2026-01-06 | 13.22x |
| 2026-01-05 | 13.18x |
| 2026-01-02 | 13.24x |
| 2025-12-31 | 13.16x |
| 2025-12-30 | 13.19x |
| 2025-12-29 | 13.18x |
| 2025-12-26 | 13.21x |
| 2025-12-24 | 13.18x |
| 2025-12-23 | 13.17x |
| 2025-12-22 | 13.16x |
| 2025-12-19 | 13.04x |
| 2025-12-18 | 13.13x |
| 2025-12-17 | 13.09x |
| 2025-12-16 | 13.15x |
| 2025-12-15 | 13.34x |
| 2025-12-12 | 13.29x |
| 2025-12-11 | 13.24x |
| 2025-12-10 | 13.23x |
| 2025-12-09 | 13.34x |
| 2025-12-08 | 13.35x |
| 2025-12-05 | 13.49x |
| 2025-12-04 | 13.55x |
| 2025-12-03 | 13.61x |
| 2025-12-02 | 13.68x |
| 2025-12-01 | 13.75x |
| 2025-11-28 | 13.98x |
| 2025-11-26 | 13.90x |
| 2025-11-25 | 13.81x |
| 2025-11-24 | 13.80x |
| 2025-11-21 | 13.74x |
| 2025-11-20 | 13.72x |
| 2025-11-19 | 13.74x |
| 2025-11-18 | 13.87x |
| 2025-11-17 | 13.90x |
| 2025-11-14 | 13.83x |
| 2025-11-13 | 13.79x |
| 2025-11-12 | 13.84x |
| 2025-11-11 | 13.89x |
| 2025-11-10 | 13.81x |
| 2025-11-07 | 13.86x |
| 2025-11-06 | 13.83x |
| 2025-11-05 | 13.89x |
| 2025-11-04 | 13.93x |
| 2025-11-03 | 13.90x |
| 2025-10-31 | 13.89x |
| 2025-10-30 | 13.93x |
| 2025-10-29 | 13.34x |
| 2025-10-28 | 13.35x |
| 2025-10-27 | 13.44x |
| 2025-10-24 | 13.41x |
| 2025-10-23 | 13.41x |
| 2025-10-22 | 13.44x |
| 2025-10-21 | 13.43x |
| 2025-10-20 | 13.50x |
| 2025-10-17 | 13.49x |
| 2025-10-16 | 13.48x |
| 2025-10-15 | 13.55x |
| 2025-10-14 | 13.45x |
| 2025-10-13 | 13.39x |
| 2025-10-10 | 13.46x |
| 2025-10-09 | 13.50x |
| 2025-10-08 | 13.55x |
| 2025-10-07 | 13.55x |
| 2025-10-06 | 13.47x |
| 2025-10-03 | 13.40x |
| 2025-10-02 | 13.33x |
| 2025-10-01 | 13.40x |
| 2025-09-30 | 13.44x |
| 2025-09-29 | 13.38x |
| 2025-09-26 | 13.30x |
| 2025-09-25 | 13.10x |
| 2025-09-24 | 13.17x |
| 2025-09-23 | 12.68x |
| 2025-09-22 | 12.61x |
| 2025-09-19 | 12.59x |
| 2025-09-18 | 12.59x |
| 2025-09-17 | 12.58x |
| 2025-09-16 | 12.59x |
| 2025-09-15 | 12.68x |
| 2025-09-12 | 12.71x |
| 2025-09-11 | 12.66x |
| 2025-09-10 | 12.61x |
| 2025-09-09 | 12.58x |
| 2025-09-08 | 12.55x |
| 2025-09-05 | 12.64x |
| 2025-09-04 | 12.60x |
| 2025-09-03 | 12.62x |
| 2025-09-02 | 12.59x |
| 2025-08-29 | 12.62x |
| 2025-08-28 | 12.61x |
| 2025-08-27 | 12.66x |
| 2025-08-26 | 12.63x |
| 2025-08-25 | 12.68x |
| 2025-08-22 | 12.80x |
| 2025-08-21 | 12.69x |
| 2025-08-20 | 12.69x |
| 2025-08-19 | 12.70x |
| 2025-08-18 | 12.60x |
| 2025-08-15 | 12.57x |
| 2025-08-14 | 12.62x |
| 2025-08-13 | 12.67x |
| 2025-08-12 | 12.62x |
| 2025-08-11 | 12.64x |
| 2025-08-08 | 12.71x |
| 2025-08-07 | 12.70x |
| 2025-08-06 | 12.71x |
| 2025-08-05 | 12.75x |
| 2025-08-04 | 12.80x |
| 2025-08-01 | 12.72x |
| 2025-07-31 | 12.72x |
| 2025-07-30 | 12.89x |
| 2025-07-29 | 12.88x |
| 2025-07-28 | 12.76x |
| 2025-07-25 | 12.91x |
| 2025-07-24 | 12.93x |
| 2025-07-23 | 12.90x |
| 2025-07-22 | 12.95x |
| 2025-07-21 | 12.80x |
| 2025-07-18 | 12.68x |
| 2025-07-17 | 12.61x |
| 2025-07-16 | 12.56x |
| 2025-07-15 | 12.47x |
| 2025-07-14 | 12.56x |
| 2025-07-11 | 12.50x |
| 2025-07-10 | 12.48x |
| 2025-07-09 | 12.42x |
| 2025-07-08 | 12.39x |
| 2025-07-07 | 12.43x |
| 2025-07-03 | 12.46x |
| 2025-07-02 | 12.39x |
| 2025-07-01 | 12.51x |
| 2025-06-30 | 12.45x |
| 2025-06-27 | 12.42x |
| 2025-06-26 | 12.41x |
| 2025-06-25 | 12.37x |
| 2025-06-24 | 12.46x |
| 2025-06-23 | 12.43x |
| 2025-06-20 | 12.30x |
| 2025-06-18 | 12.26x |
| 2025-06-17 | 12.20x |
| 2025-06-16 | 12.32x |
| 2025-06-13 | 12.40x |
| 2025-06-12 | 12.55x |
| 2025-06-11 | 12.46x |
| 2025-06-10 | 12.54x |
| 2025-06-09 | 12.48x |
| 2025-06-06 | 12.49x |
| 2025-06-05 | 12.50x |
| 2025-06-04 | 12.49x |
| 2025-06-03 | 12.57x |
| 2025-06-02 | 12.61x |
| 2025-05-30 | 12.65x |
| 2025-05-29 | 12.59x |
| 2025-05-28 | 12.53x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
Related Metrics
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.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Robert C. Frenzel