Xcel Energy Inc. XEL

69.80 (0.86) (1.22%) as of 25 Sep
Market cap
$43.4B
P/E
19.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Xcel Energy Inc. (XEL) EV/EBITDA

As of 25 September 2026, Xcel Energy Inc. (XEL) trades at a EV/EBITDA of 13.9×. Over the past ten years it has ranged from 9.4× (November 2016) to 15.2× (July 2026); the current reading is higher than 87% of that period. That is above the Utilities Regulated Electric industry median of 11.8× and above the Utilities sector median of 12.1×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 13.6× 6.76%
FY2024 12.7× 5.04%
FY2023 12.1× (4.19%)
FY2022 12.6× (5.55%)
FY2021 13.4× 0.98%
FY2020 13.3× 3.36%
FY2019 12.8× 13.65%
FY2018 11.3× 8.00%
FY2017 10.4× 8.41%
FY2016 9.6× (2.47%)

Quarterly

Period EV/EBITDA Change
Jun 2026 15.0× 2.14%
Mar 2026 14.7× 8.17%
Dec 2025 13.6× (8.56%)
Sep 2025 14.9× 15.30%
42 more quarters

Against its own ten years

Low 9.4× High 15.2×
Ten-year median 12.1×
Current reading's percentile 87

EV/EBITDA against peers

Company EV/EBITDA
EXC Exelon Corporation compare 10.0×
ED Consolidated Edison Inc compare 11.5×
AEE Ameren Corporation compare 12.2×
PEG Public Service Enterprise Group Incorporated compare 12.6×
ETR Entergy Corporation compare 13.1×
AEP American Electric Power Company, Inc. compare 13.2×
XEL Xcel Energy Inc. 13.9×
WEC WEC Energy Group, Inc. compare 14.6×
D Dominion Energy Inc. compare 16.2×
Utilities Regulated Electric industry median 11.8×
Utilities sector median 12.1×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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