Saturday 17 October 2026
Export XEL’s income statement to Excel — free account
Xcel Energy Inc.
XEL Utilities Utilities Regulated Electric
Xcel Energy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.7 billion, up 9.14% from fiscal 2024. In the quarter to June 2026, revenue fell 5.11%, EPS grew 23.7%, free cash flow fell 37.3% and total debt rose 22.7%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years.
76.36
1.24
+1.65%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
21.47 | 19.63 | 19.77 | 22.03 | 22.87 | 23.90 | 23.96 | 19.95 | 21.15 | 18.38 |
Piotroski F-Score |
5 | 5 | 4 | 7 | 6 | 5 | 5 | 4 | 5 | 6 |
P/S ratio |
2.96 | 2.83 | 2.47 | 2.50 | 2.72 | 3.05 | 2.86 | 2.18 | 2.13 | 1.86 |
Altman Z-Score |
0.86 | 0.89 | 0.93 | 1.05 | 1.02 | 1.01 | 1.01 | 0.95 | 1.01 | 0.99 |
Altman Z″-Score (non-manufacturers) |
0.84 | 0.83 | 0.90 | 0.95 | 0.92 | 0.90 | 0.81 | 0.82 | 0.89 | 1.00 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Beneish M-Score |
(2.50) | (2.80) | (2.81) | (2.38) | (2.36) | (2.57) | (2.61) | (2.62) | (2.68) | (2.64) |
P/Operating CF |
207.44 | 57.25 | 35.97 | 50.10 | 59.82 | 52.13 | 46.67 | 40.03 | 32.06 | 32.99 |
Dividend Safety Score |
38 | — | — | — | — | — | — | — | — | — |
P/B ratio |
1.84 | 1.95 | 1.99 | 2.30 | 2.34 | 2.41 | 2.49 | 2.06 | 2.12 | 1.88 |
Price to Tangible BV |
1.84 | 1.95 | 1.99 | 2.30 | 2.34 | 2.41 | 2.49 | 2.06 | 2.12 | 1.88 |
EV/Sales |
5.25 | 4.98 | 4.31 | 4.11 | 4.45 | 4.83 | 4.46 | 3.66 | 3.51 | 3.19 |
EV/EBITDA |
13.59 | 12.73 | 12.12 | 12.64 | 13.39 | 13.26 | 12.83 | 11.29 | 10.45 | 9.64 |
EV/Operating CF |
18.85 | 14.43 | 11.48 | 16.02 | 27.28 | 19.54 | 15.75 | 13.54 | 12.81 | 11.61 |
EV/FCF |
(11.28) | (24.59) | (116.05) | (89.23) | (29.06) | (22.08) | (53.44) | (50.63) | (339.35) | (247.78) |
Quick Ratio |
0.23 | 0.22 | 0.26 | 0.24 | 0.23 | 0.25 | 0.24 | 0.23 | 0.22 | 0.27 |
Current Ratio |
0.71 | 0.67 | 0.72 | 0.85 | 0.84 | 0.77 | 0.68 | 0.69 | 0.73 | 0.88 |
Net Debt/EBITDA |
5.93 | 5.50 | 5.17 | 4.95 | 5.21 | 4.89 | 4.60 | 4.56 | 4.10 | 4.01 |
Debt/Assets |
41.64% | 41.57% | 40.97% | 40.49% | 40.42% | 38.27% | 37.08% | 37.50% | 36.70% | 36.06% |
Debt/Equity |
1.44 | 1.49 | 1.49 | 1.49 | 1.50 | 1.42 | 1.41 | 1.41 | 1.38 | 1.35 |
Asset Turnover |
0.19 | 0.20 | 0.23 | 0.26 | 0.24 | 0.22 | 0.24 | 0.26 | 0.27 | 0.28 |
Operating CF/Net income |
2.02 | 2.40 | 3.01 | 2.27 | 1.37 | 1.93 | 2.38 | 2.48 | 2.72 | 2.72 |
Capex/Depreciation |
(3.54) | (2.56) | (2.28) | (1.82) | (1.88) | (2.58) | (2.22) | (2.22) | (2.02) | (2.22) |
Interest Coverage |
1.76 | 1.90 | 2.35 | 2.55 | 2.70 | 2.52 | 2.72 | 2.81 | 3.35 | 3.46 |
| 9.36% | 10.43% | 10.33% | 10.75% | 10.58% | 10.59% | 10.78% | 10.65% | 10.22% | 10.39% | |
| 2.67% | 2.89% | 2.83% | 2.92% | 2.86% | 2.82% | 2.85% | 2.83% | 2.73% | 2.81% | |
ROIC |
2.82% | 3.08% | 3.55% | 3.67% | 3.55% | 3.77% | 4.15% | 4.19% | 5.11% | 5.43% |
Return on Tangible Assets |
3.17% | 3.52% | 3.54% | 3.67% | 3.58% | 3.51% | 3.61% | 3.54% | 3.46% | 3.46% |
Average Days of Receivables |
33.09 | 33.92 | 33.79 | 32.73 | 27.67 | 29.01 | 26.50 | 27.21 | 25.51 | 25.50 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
23.30% | 23.54% | 21.83% | 20.76% | 21.97% | 25.47% | 25.21% | 25.21% | 24.68% | 25.50% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.31% | 0.25% | 0.18% | 0.13% | 0.23% | 0.63% | 0.50% | 0.39% | 0.50% | 0.37% |
Graham Net Nets |
(1.22) | (1.21) | (1.21) | (1.03) | (1.04) | (1.03) | (1.03) | (1.22) | (1.18) | (1.32) |
Graham Number |
55.79 | 51.81 | 48.01 | 46.70 | 43.92 | 41.67 | 39.00 | 36.46 | 33.83 | 32.81 |
Earnings Yield |
4.66% | 5.09% | 5.06% | 4.54% | 4.37% | 4.18% | 4.17% | 5.01% | 4.73% | 5.44% |
Free Cash Flow Yield |
(15.74%) | (7.16%) | (1.50%) | (1.84%) | (5.63%) | (7.18%) | (2.92%) | (3.32%) | (0.48%) | (0.69%) |
Revenue per Share |
24.99 | 23.87 | 25.74 | 27.99 | 24.92 | 21.87 | 22.21 | 22.58 | 22.40 | 21.82 |
Operating CF per Share |
6.96 | 8.24 | 9.65 | 7.19 | 4.06 | 5.40 | 6.29 | 6.11 | 6.14 | 6.00 |
Capex per Share |
(18.58) | (13.08) | (10.61) | (8.48) | (7.87) | (10.19) | (8.14) | (7.74) | (6.37) | (6.28) |
Free Cash Flow per Share |
(11.63) | (4.84) | (0.95) | (1.29) | (3.81) | (4.78) | (1.85) | (1.63) | (0.23) | (0.28) |
Cash per Share |
0.47 | 0.32 | 0.23 | 0.20 | 0.31 | 0.24 | 0.48 | 0.29 | 0.16 | 0.17 |
Shareholders Equity per Share |
40.22 | 34.68 | 31.91 | 30.48 | 28.96 | 27.66 | 25.51 | 23.92 | 22.50 | 21.65 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
40.22 | 34.68 | 31.91 | 30.48 | 28.96 | 27.66 | 25.51 | 23.92 | 22.50 | 21.65 |
Free Cash Flow |
(6,825.00) | (2,723.00) | (527.00) | (706.00) | (2,055.00) | (2,521.00) | (962.00) | (835.00) | (118.00) | (143.00) |
Working Capital |
(2,075.00) | (2,134.00) | (1,583.00) | (934.00) | (807.00) | (964.00) | (1,455.00) | (1,366.00) | (1,115.00) | (405.00) |
Capital Expenditures |
(10,908.00) | (7,364.00) | (5,854.00) | (4,638.00) | (4,244.00) | (5,369.00) | (4,225.00) | (3,957.00) | (3,244.00) | (3,195.00) |
Net Current Asset Value |
(52,748.00) | (46,188.00) | (42,394.00) | (39,369.00) | (38,000.00) | (36,107.00) | (34,096.00) | (30,671.00) | (28,602.00) | (27,292.00) |
EV/EBIT |
29.80 | 28.06 | 24.65 | 25.94 | 27.10 | 26.30 | 24.43 | 21.52 | 18.01 | 15.82 |
Capex to Sales |
0.74 | 0.55 | 0.41 | 0.30 | 0.32 | 0.47 | 0.37 | 0.34 | 0.28 | 0.29 |
Price to Operating Income |
16.79 | 15.93 | 14.12 | 15.79 | 16.56 | 16.60 | 15.66 | 12.81 | 10.95 | 9.23 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 |
Cash ROIC |
(11.81%) | (5.58%) | (1.20%) | (1.70%) | (5.25%) | (7.13%) | (2.99%) | (2.82%) | (0.43%) | (0.55%) |
Accounts Receivable Turnover |
11.38 | 10.48 | 10.57 | 12.81 | 13.89 | 13.15 | 13.59 | 13.93 | 14.50 | 14.80 |
Accounts Payable Turnover |
2.45 | 2.76 | 3.33 | 4.33 | 4.42 | 3.35 | 3.53 | 3.82 | 4.03 | 4.47 |
Inventory Turnover |
7.03 | 6.90 | 7.64 | 9.71 | 10.04 | 7.86 | 8.18 | 8.17 | 7.60 | 7.40 |
Average Days of Payables |
167.97 | 136.77 | 105.28 | 94.62 | 87.88 | 106.54 | 105.71 | 95.42 | 98.33 | 85.01 |
Days of Inventory on Hand |
55.41 | 51.14 | 44.88 | 42.12 | 39.36 | 46.08 | 44.44 | 42.27 | 48.26 | 49.13 |
Average Receivables |
1,289.50 | 1,282.00 | 1,344.00 | 1,195.50 | 967.00 | 876.50 | 848.50 | 828.50 | 786.50 | 750.30 |
Average Payables |
2,044.00 | 1,724.50 | 1,736.00 | 1,606.50 | 1,323.00 | 1,265.50 | 1,265.50 | 1,240.00 | 1,144.00 | 1,002.99 |
Average Inventory |
713.50 | 688.50 | 757.00 | 717.00 | 583.00 | 539.50 | 546.00 | 579.00 | 607.00 | 606.29 |
Average Assets |
75,703.00 | 67,057.00 | 62,633.50 | 59,519.50 | 55,904.00 | 52,202.50 | 48,217.50 | 44,508.50 | 42,092.50 | 39,988.24 |
Average Common Equity |
21,565.50 | 18,569.00 | 17,145.50 | 16,143.50 | 15,093.50 | 13,907.00 | 12,730.50 | 11,838.50 | 11,238.00 | 10,810.96 |
Columns are period end dates