Xcel Energy Inc. XEL
- Market cap
- $43.4B
- P/E
- 19.0×
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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 | Free account |
Against its own ten years
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)
More on XEL
- Revenue
- Net income
- 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/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement