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.
- Revenue
- +6.56%
- EPS
- +71.5%
- Free cash flow
- +5.89%
- Total debt
- +21.7%
Quarter to September 2026, against a year earlier
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Xcel Energy Inc. (XEL) Debt to equity
Xcel Energy Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 1.6×, up 0.2× from fiscal 2025 (1.4×). Over the past ten years it has ranged from 1.3× (fiscal 2015) to 1.5× (fiscal 2021); the current reading is higher than 64% of that period. That is in line with the Utilities Regulated Electric industry median of 1.5× and above the Utilities sector median of 1.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.4× | (3.76%) |
| FY2024 | 1.5× | 0.08% |
| FY2023 | 1.5× | 0.28% |
| FY2022 | 1.5× | (0.80%) |
| FY2021 | 1.5× | 5.72% |
| FY2020 | 1.4× | 0.28% |
| FY2019 | 1.4× | 0.12% |
| FY2018 | 1.4× | 2.36% |
| FY2017 | 1.4× | 2.36% |
| FY2016 | 1.3× | 2.69% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 1.6× | (2.93%) |
| Jun 2026 | 1.6× | 5.43% |
| Mar 2026 | 1.6× | 8.39% |
| Dec 2025 | 1.4× | (8.89%) |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| ED Consolidated Edison Inc compare | 1.0× |
| PEG Public Service Enterprise Group Incorporated compare | 1.5× |
| AEE Ameren Corporation compare | 1.5× |
| WEC WEC Energy Group, Inc. compare | 1.5× |
| D Dominion Energy Inc. compare | 1.6× |
| XEL Xcel Energy Inc. | 1.6× |
| AEP American Electric Power Company, Inc. compare | 1.6× |
| EXC Exelon Corporation compare | 1.7× |
| ETR Entergy Corporation compare | 1.7× |
| Utilities Regulated Electric industry median | 1.5× |
| Utilities sector median | 1.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on XEL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement