Xcel Energy Inc. (XEL) Return on Invested Capital (ROIC): 3.77%
Is Xcel Energy Inc.’s return on invested capital (ROIC) high or low?
Xcel Energy Inc.'s return on invested capital (ROIC) of 3.77% is in line with its 5-year average of 3.99%, near the low end of its 5-year range (3.64%–4.24%).
The return on invested capital (ROIC) for Xcel Energy Inc. (XEL) is 3.77% as of Tuesday, June 9, 2026. It is above its 12-month average by 1.75% (3.71%).
XEL Return on Invested Capital (ROIC) Chart
XEL Average Return on Invested Capital (ROIC) Chart
XEL Current vs Average Return on Invested Capital (ROIC) Chart
XEL Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
3.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.00%
CURRENT VS TTM AVG
+1.75%
CURRENT VS 3Y AVG
-4.50%
CURRENT VS 5Y AVG
-5.63%
CURRENT VS 10Y AVG
-3.65%
CURRENT VS 15Y AVG
-4.50%
CURRENT VS 20Y AVG
-5.76%
XEL Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Xcel Energy Inc. (XEL) | — | 3.77% | 3.71% | 3.95% | 3.99% |
| Exelon Corporation (EXC) | $46.38B | 3.97% | 3.95% | 3.68% | 3.14% |
| Entergy Corporation (ETR) | $50.95B | 3.55% | 3.37% | 3.76% | 3.53% |
| Consolidated Edison, Inc. (ED) | $39.65B | 3.24% | 3.36% | 3.27% | 3.54% |
| Dominion Energy, Inc. (D) | $58.27B | 3.41% | 3.13% | 2.58% | 2.44% |
| Sempra (SRE) | $59.40B | 2.56% | 2.75% | 3.19% | 3.51% |
| WEC Energy Group, Inc. (WEC) | $36.84B | 5.25% | 4.70% | 4.31% | 4.21% |
| Atmos Energy Corporation (ATO) | $28.13B | 4.58% | 4.67% | 4.43% | 4.37% |
| American Electric Power Company, Inc. (AEP) | $69.51B | 4.71% | 4.83% | 4.51% | 4.30% |
| Alliant Energy Corporation (LNT) | $18.91B | 4.12% | 4.10% | 4.40% | 4.42% |
Capital Efficiency
ROIC
3.8%
ROE
8.6%
Xcel Energy Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Xcel Energy Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Xcel Energy Inc. (XEL)?
- The return on invested capital (ROIC) for XEL stock is 3.77%.
- Is Xcel Energy Inc.'s return on invested capital (ROIC) high or low?
- Xcel Energy Inc.'s return on invested capital (ROIC) of 3.77% is in line with its 5-year average of 3.99%, near the low end of its 5-year range (3.64%–4.24%).
- What is the TTM average return on invested capital (ROIC) for Xcel Energy Inc. (XEL)?
- The TTM average return on invested capital (ROIC) for XEL stock is 3.71%.
- What is the 3Y average return on invested capital (ROIC) for Xcel Energy Inc. (XEL)?
- The 3Y average return on invested capital (ROIC) for XEL stock is 3.95%.
- What is the 5Y average return on invested capital (ROIC) for Xcel Energy Inc. (XEL)?
- The 5Y average return on invested capital (ROIC) for XEL stock is 3.99%.
- What is the 10Y average return on invested capital (ROIC) for Xcel Energy Inc. (XEL)?
- The 10Y average return on invested capital (ROIC) for XEL stock is 3.91%.
- What is the 15Y average return on invested capital (ROIC) for Xcel Energy Inc. (XEL)?
- The 15Y average return on invested capital (ROIC) for XEL stock is 3.95%.
- What is the 20Y average return on invested capital (ROIC) for Xcel Energy Inc. (XEL)?
- The 20Y average return on invested capital (ROIC) for XEL stock is 4.00%.
Xcel Energy Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 3.77% |
| 2024-12-31 | 3.64% |
| 2023-12-31 | 4.14% |
| 2022-12-31 | 4.24% |
| 2021-12-31 | 4.03% |
| 2020-12-31 | 4.15% |
| 2019-12-31 | 4.06% |
| 2018-12-31 | 4.00% |
| 2017-12-31 | 3.70% |
| 2016-12-31 | 3.78% |
| 2015-12-31 | 3.53% |
| 2014-12-31 | 3.77% |
| 2013-12-31 | 3.91% |
| 2012-12-31 | 4.19% |
| 2011-12-31 | 4.21% |
| 2010-12-31 | 4.04% |
| 2009-12-31 | 4.07% |
| 2008-12-31 | 3.98% |
| 2007-12-31 | 4.20% |
| 2006-12-31 | 4.45% |
| 2005-12-31 | 4.15% |
| 2004-12-31 | 4.45% |
| 2003-12-31 | 4.66% |
| 2002-12-31 | -6.51% |
| 2001-12-31 | 4.65% |
| 2000-12-31 | 4.65% |
| 1999-12-31 | 3.58% |
| 1998-12-31 | 5.49% |
| 1997-12-31 | 5.19% |
| 1996-12-31 | 5.70% |
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