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) Gross margin

Xcel Energy Inc.'s gross margin over the twelve months to 30 June 2026 was 67.6%, up 1.7 percentage points from fiscal 2025 (65.8%). Over the past ten years it has ranged from 54.6% (fiscal 2022) to 65.8% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Utilities Regulated Electric industry median of 66.3% and above the Utilities sector median of 62.0%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 65.8% 1.19
FY2024 64.6% 5.35
FY2023 59.3% 4.74
FY2022 54.6% (1.88)
FY2021 56.4% (6.80)
FY2020 63.2% 1.98
FY2019 61.3% 2.27
FY2018 59.0% (0.56)
FY2017 59.5% (0.06)
FY2016 59.6% 2.27

Quarterly

Period Gross margin Change (points)
Jun 2026 75.2% 13.57
Mar 2026 61.7% (2.94)
Dec 2025 64.6% (5.68)
Sep 2025 70.3% 2.31
42 more quarters

Against its own ten years

Low 54.6% High 65.8%
Ten-year median 59.5%
Current reading's percentile 100

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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