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

Xcel Energy Inc. (XEL) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Xcel Energy Inc. (XEL) trades at a P/E ratio of 20.8×. Over the past ten years it has ranged from 15.1× (March 2024) to 27.0× (August 2020); the current reading is higher than 50% of that period. That is above the Utilities Regulated Electric industry median of 19.5× and in line with the Utilities sector median of 20.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 21.5× 9.39%
FY2024 19.6× (0.73%)
FY2023 19.8× (10.27%)
FY2022 22.0× (3.66%)
FY2021 22.9× (4.29%)
FY2020 23.9× (0.26%)
FY2019 24.0× 20.11%
FY2018 19.9× (5.71%)
FY2017 21.2× 15.10%
FY2016 18.4× (0.70%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 21.9× (3.88%)
Mar 2026 22.8× 6.01%
Dec 2025 21.5× (12.15%)
Sep 2025 24.4× 29.91%
42 more quarters

Against its own ten years

Low 15.1× High 27.0×
Ten-year median 20.8×
Current reading's percentile 45

P/E ratio against peers

Company P/E ratio
EXC Exelon Corporation compare 15.9×
PEG Public Service Enterprise Group Incorporated compare 17.8×
ED Consolidated Edison Inc compare 18.4×
AEE Ameren Corporation compare 18.5×
XEL Xcel Energy Inc. 20.8×
WEC WEC Energy Group, Inc. compare 21.0×
AEP American Electric Power Company, Inc. compare 21.8×
D Dominion Energy Inc. compare 22.2×
ETR Entergy Corporation compare 26.5×
Utilities Regulated Electric industry median 19.5×
Utilities sector median 20.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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