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) Operating margin
Xcel Energy Inc.'s operating margin over the twelve months to 30 September 2026 was 21.7%, up 4.1 percentage points from fiscal 2025 (17.6%). Over the past ten years it has ranged from 15.9% (fiscal 2022) to 20.2% (fiscal 2016); the current reading is higher than 45% of that period. That is in line with the Utilities Regulated Electric industry median of 21.7% and above the Utilities sector median of 18.7%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 17.6% | (0.14) |
| FY2024 | 17.8% | 0.29 |
| FY2023 | 17.5% | 1.60 |
| FY2022 | 15.9% | (0.54) |
| FY2021 | 16.4% | (1.96) |
| FY2020 | 18.4% | 0.11 |
| FY2019 | 18.3% | 1.22 |
| FY2018 | 17.0% | (2.46) |
| FY2017 | 19.5% | (0.68) |
| FY2016 | 20.2% | 2.03 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 28.6% | 5.91 |
| Jun 2026 | 22.6% | 3.89 |
| Mar 2026 | 18.8% | 2.46 |
| Dec 2025 | 16.3% | (2.84) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| AEE Ameren Corporation compare | 24.9% |
| ETR Entergy Corporation compare | 24.6% |
| WEC WEC Energy Group, Inc. compare | 23.5% |
| AEP American Electric Power Company, Inc. compare | 23.4% |
| D Dominion Energy Inc. compare | 22.5% |
| XEL Xcel Energy Inc. | 21.7% |
| PEG Public Service Enterprise Group Incorporated compare | 21.6% |
| EXC Exelon Corporation compare | 19.9% |
| ED Consolidated Edison Inc compare | 18.7% |
| Utilities Regulated Electric industry median | 21.7% |
| Utilities sector median | 18.7% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on XEL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement