XCEL ENERGY INC XEL
Last close
75.72
2026-09-04
Market cap
$47.30B
2026-06-30 share count
52-week range
71.29 - 84.23
Valuation FY2025 figures against the last close
P/S—
P/E22.1x
P/FCF—
EV/EBITDA14.5x
Dividend yield2.7%
Diluted EPS3.42
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | $11.54B | $11.40B | $11.11B |
| Cost of revenue | — | — | — | — | — | — | — | $3.85B | $3.76B | $3.72B |
| Gross profit | — | — | — | — | — | — | — | $7.68B | $7.65B | $7.39B |
| Total operating expenses | $12.09B | $11.05B | $11.72B | $12.88B | $11.23B | $9.41B | $9.43B | $9.57B | $9.18B | $8.87B |
| Operating income | $2.58B | $2.39B | $2.48B | $2.43B | $2.20B | $2.12B | $2.10B | $1.97B | $2.22B | $2.24B |
| Interest expense | $1.47B | $1.25B | $1.05B | $953.0M | $842.0M | $840.0M | $773.0M | $700.0M | $663.0M | $647.0M |
| Pre-tax income | $1.77B | $1.53B | $1.62B | $1.60B | $1.53B | $1.47B | $1.50B | $1.44B | $1.69B | $1.70B |
| Income tax | $245.0M | $402.0M | $146.0M | $135.0M | $70.0M | $6.0M | $128.0M | $181.0M | $542.0M | $581.0M |
| Net income | $2.02B | $1.94B | $1.77B | $1.74B | $1.60B | $1.47B | $1.37B | $1.26B | $1.15B | $1.12B |
| EPS, basic | 3.44 | 3.44 | 3.21 | 3.18 | 2.96 | 2.79 | 2.64 | 2.47 | 2.26 | 2.21 |
| EPS, diluted | 3.42 | 3.44 | 3.21 | 3.17 | 2.96 | 2.79 | 2.64 | 2.47 | 2.25 | 2.21 |
| Shares, diluted (wtd. avg.) | $589.0M | $563.0M | $552.0M | $547.0M | $540.0M | $528.0M | $520.0M | $511.0M | $509.0M | $509.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $274.0M | $179.0M | $129.0M | $111.0M | $166.0M | $129.0M | $248.0M | $147.0M | $83.0M | $85.0M |
| Receivables | $1.33B | $1.25B | $1.31B | $1.37B | $1.02B | $916.0M | $837.0M | $860.0M | $797.0M | $776.0M |
| Inventory | — | — | — | — | — | — | — | — | $610.0M | $604.0M |
| Total current assets | $5.01B | $4.33B | $4.07B | $5.14B | $4.24B | $3.27B | $3.11B | $3.09B | $2.97B | $2.84B |
| Property, plant and equipment | $65.64B | $57.20B | $51.64B | $48.25B | $45.46B | $42.95B | $39.48B | $36.94B | $34.33B | $32.84B |
| Total assets | $81.37B | $70.03B | $64.08B | $61.19B | $57.85B | $53.96B | $50.45B | $45.99B | $43.03B | $41.16B |
| Accounts payable | $2.31B | $1.78B | $1.67B | $1.80B | $1.41B | $1.24B | $1.29B | $1.24B | $1.24B | $1.04B |
| Short-term debt | $1.55B | $695.0M | $785.0M | $813.0M | $1.00B | $584.0M | $595.0M | $1.04B | $814.0M | $392.0M |
| Total current liabilities | $7.09B | $6.46B | $5.65B | $6.08B | $5.05B | $4.24B | $4.57B | $4.46B | $4.09B | $3.25B |
| Long-term debt | $31.83B | $27.32B | — | — | — | — | — | — | — | — |
| Retained earnings | $9.21B | $8.55B | $7.86B | $7.24B | $6.57B | $5.97B | $5.41B | $4.89B | $4.41B | $3.98B |
| Total equity | $23.61B | $19.52B | $17.62B | $16.68B | $15.61B | $14.57B | $13.24B | $12.22B | $11.46B | $11.02B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $4.08B | $4.64B | $5.33B | $3.93B | $2.19B | $2.85B | $3.26B | $3.12B | $3.13B | $3.05B |
| Depreciation and amortisation | $2.97B | $2.77B | $2.47B | $2.44B | $2.14B | $1.96B | $1.78B | $1.66B | $1.50B | $1.32B |
| Stock-based compensation | $46.0M | $33.0M | $25.0M | $20.0M | $31.0M | $73.0M | $58.0M | $45.0M | $57.0M | $41.0M |
| Capital expenditure | $10.91B | $7.36B | $5.85B | $4.64B | $4.24B | $5.37B | $4.22B | $3.96B | $3.24B | $3.19B |
| Investing cash flow | -$10.97B | -$7.43B | -$5.93B | -$4.65B | -$4.29B | -$4.74B | -$4.34B | -$3.99B | -$3.30B | -$3.26B |
| Financing cash flow | $6.98B | $2.84B | $617.0M | $666.0M | $2.13B | $1.77B | $1.18B | $928.0M | $168.0M | $209.0M |
| Dividends paid | $1.28B | $1.18B | $1.09B | $1.01B | $935.0M | $856.0M | $791.0M | $730.0M | $721.0M | $681.0M |
| Buybacks | — | — | — | — | — | — | — | $1.0M | $3.0M | $32.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000072903-26-000063.
Others in SIC 4931
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| DUK | Duke Energy CORP | $93.72B | 19.1x | 5.6% |
| EXC | EXELON CORP | $44.65B | — | 5.3% |
| ED | CONSOLIDATED EDISON INC | $39.54B | 19.0x | 10.2% |
| PCG | PG&E Corp | $38.33B | 12.1x | 2.1% |
| PEG | PUBLIC SERVICE ENTERPRISE GROUP INC | $36.73B | 17.5x | 22.8% |
| WEC | WEC ENERGY GROUP, INC. | $34.52B | 22.0x | 14.0% |
| AEE | AMEREN CORP | $29.48B | 19.9x | 15.4% |
| NI | NISOURCE INC. | $19.85B | 21.2x | 23.5% |