Xcel Energy Inc. (XEL) Financial Statements

Xcel Energy Inc.

XEL · NASDAQ-GS

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	—	—	—	—	—	—	—	$11.54B
Cost of Revenue	—	—	—	—	—	—	—	$3.85B
Operating Expenses	$12.09B	$11.05B	$11.72B	$12.88B	$11.23B	$9.41B	$9.43B	$9.57B
Operating Income	$2.58B	$2.39B	$2.48B	$2.43B	$2.20B	$2.12B	$2.10B	$1.97B
Interest Expense	$1.47B	$1.25B	$1.05B	$953.00M	$842.00M	$840.00M	$773.00M	$700.00M
Other Income / (Expense)	$235.00M	$143.00M	$22.00M	-$13.00M	$5.00M	-$6.00M	$16.00M	-$14.00M
Income Before Taxes	$1.77B	$1.53B	$1.63B	$1.60B	$1.53B	$1.47B	$1.50B	$1.44B
Provision for Income Taxes	-$245.00M	-$402.00M	-$146.00M	-$135.00M	-$70.00M	-$6.00M	$128.00M	$181.00M
Net Income	$2.02B	$1.94B	$1.77B	$1.74B	$1.60B	$1.47B	$1.37B	$1.26B
Basic EPS	$3.44	$3.44	$3.21	$3.18	$2.96	$2.79	$2.64	$2.47
Diluted EPS	$3.42	$3.44	$3.21	$3.17	$2.96	$2.79	$2.64	$2.47
Basic Shares Outstanding	587.00M	563.00M	552.00M	547.00M	539.00M	527.00M	519.00M	511.00M
Diluted Shares Outstanding	589.00M	563.00M	552.00M	547.00M	540.00M	528.00M	520.00M	511.00M

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$4.11	$4.11	$4.11	1	↑1 ↓0
Dec 2027	$4.50	$4.40	$4.61	9	↑3 ↓0
Dec 2028	$4.90	$4.76	$4.98	4	↑2 ↓1
Dec 2029	$5.16	$4.98	$5.34	2	↑1 ↓1

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: XEL
Type: Stock
Sector: Utilities
Industry: Power Generation
Country: North America
Exchange: NASDAQ-GS

Xcel Energy (NASDAQ: XEL) is a leading energy provider, dedicated to serving millions of customers with excellence. We make energy work better for customers, helping them thrive every day. That means always raising the bar - delivering better service and providing more reliable, resilient and sustainable energy. We are committed to leading the clean energy transition, meeting our customers' need for more, cleaner power, while keeping bills as low as possible. Because the people we serve depend on us to power their lives. Headquartered in Minneapolis, we work every day to generate and distribute electricity and gas to customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. For more information, visit xcelenergy.com or follow us on X and Facebook.

Key Issues

Bullish view

Second-quarter earnings rose 24% and beat estimates, supported by higher electric revenues, infrastructure recovery, AFUDC, and lower depreciation or power costs.

Bearish view

Revenue missed estimates, and the earnings beat depended partly on recovery and cost factors; the supplied evidence does not establish that these benefits will persist.

Analyst Consensus

See all

Buy

16 analysts

$77

Current

—

Low

$92

Average

—

High

Average target implies +18.96% versus the current price.

Earnings History

BeatMissNo estimate

Peers

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