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Saturday 17 October 2026 Export XEL’s income statement to Excel — free account

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. In the quarter to June 2026, revenue fell 5.11%, EPS grew 23.7%, free cash flow fell 37.3% and total debt rose 22.7%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years.

76.36 1.24 +1.65%
Market cap
$46.9B
P/E
20.8×
Fwd P/E
19.2×
Dividend yield
3.07%
F-score
5/9
Altman Z
0.86
Beneish M
−2.50
Dividend safety
38/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Xcel Energy Inc. (XEL) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Xcel Energy Inc. (XEL) trades at a P/B ratio of 2.0×. Over the past ten years it has ranged from 1.5× (March 2024) to 2.9× (August 2020); the current reading is higher than 33% of that period. That is above the Utilities Regulated Electric industry median of 1.8× and above the Utilities sector median of 1.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.8× (5.69%)
FY2024 1.9× (2.09%)
FY2023 2.0× (13.47%)
FY2022 2.3× (1.66%)
FY2021 2.3× (3.04%)
FY2020 2.4× (3.15%)
FY2019 2.5× 20.83%
FY2018 2.1× (3.03%)
FY2017 2.1× 13.24%
FY2016 1.9× 9.02%

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.1× 0.19%
Mar 2026 2.1× 13.39%
Dec 2025 1.8× (18.53%)
Sep 2025 2.3× 18.39%
42 more quarters

Against its own ten years

Low 1.5× High 2.9×
Ten-year median 2.1×
Current reading's percentile 27

P/B ratio against peers

Company P/B ratio
EXC Exelon Corporation compare 1.5×
ED Consolidated Edison Inc compare 1.6×
D Dominion Energy Inc. compare 1.7×
XEL Xcel Energy Inc. 2.0×
PEG Public Service Enterprise Group Incorporated compare 2.1×
AEP American Electric Power Company, Inc. compare 2.1×
AEE Ameren Corporation compare 2.1×
WEC WEC Energy Group, Inc. compare 2.4×
ETR Entergy Corporation compare 2.6×
Utilities Regulated Electric industry median 1.8×
Utilities sector median 1.6×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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