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) Operating margin

Xcel Energy Inc.'s operating margin over the twelve months to 30 June 2026 was 19.1%, up 1.5 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 below the Utilities Regulated Electric industry median of 21.8% and in line with the Utilities sector median of 18.8%.

Operating margin, annual

Annual

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

Period Operating margin Change (points)
Jun 2026 22.6% 3.89
Mar 2026 18.8% 2.46
Dec 2025 16.3% (2.84)
Sep 2025 19.1% 1.58
42 more quarters

Against its own ten years

Low 15.9% High 20.2%
Ten-year median 17.8%
Current reading's percentile 45

Operating margin against peers

Company Operating margin
AEE Ameren Corporation compare 24.9%
PEG Public Service Enterprise Group Incorporated compare 23.1%
AEP American Electric Power Company, Inc. compare 23.0%
ETR Entergy Corporation compare 22.9%
WEC WEC Energy Group, Inc. compare 22.8%
D Dominion Energy Inc. compare 21.1%
EXC Exelon Corporation compare 20.8%
XEL Xcel Energy Inc. 19.1%
ED Consolidated Edison Inc compare 18.0%
Utilities Regulated Electric industry median 21.8%
Utilities sector median 18.8%
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

The full definition of Operating margin →

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