Utilities · Regulated Electric
Price
$82.23
Market Cap
$51.3B
Employees
11,380
Beta
0.41
Avg Volume
5,424,412
CEO
Robert C. Frenzel
Business Description
Xcel Energy Inc., through its various operating units, functions as a multifaceted energy company involved in the complete cycle of electricity – from its production and procurement to its transmission, delivery, and eventual sale. Its business is organized into three main divisions: Regulated Electric Utility, Regulated Natural Gas Utility, and a final "All Other" segment. The company employs a diverse range of energy sources for electricity generation, including traditional options like coal, nuclear power, natural gas, and oil, as well as a strong focus on renewables such as hydroelectric, solar, biomass, wood/refuse, and wind. In addition to its electric services, Xcel Energy is active in the natural gas sector, managing the acquisition, pipeline transport, distribution, and retail sales of natural gas. It also offers transportation services for natural gas owned by its customers. The firm's operations also encompass the creation and leasing of critical natural gas infrastructure, including pipelines, storage depots, and compression facilities. Furthermore, Xcel Energy diversifies its investments into rental housing ventures and is responsible for sourcing necessary equipment for the construction of new renewable power facilities. Serving a broad customer base that includes residential households, commercial enterprises, and industrial clients, the company's service area covers specific geographic regions in Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel Energy provides electricity to approximately 3.7 million customers and supplies natural gas to around 2.1 million consumers. The company, founded in 1909, maintains its headquarters in Minneapolis, Minnesota.
Business History
Price Overview
Last updated: Jun 28, 2026 5:26am (just now)$82.23
+0.48 (+0.59%)
Day Range
$82.00 – $82.79
52-Week Range
$66.56 – $84.23
50-Day MA
$79.59
200-Day MA
$78.70
Volume
6,404,321.00
Analyst Price Targets
Low
$86.00
Consensus
$90.92
High
$98.00
(59 analysts)
Share Structure
Outstanding
624,269,560.00
Float
622,602,760.00
Free Float
99.7%
High free float
— 99.7% of shares trade freely, ~0.3% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
24.54
Stock Price: $82.23
EPS (Diluted): 3.44
EPS (Diluted): 3.44
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
1.84
Stock Price: $82.23
Total Equity: $23.61B
Shares: 589,000,000
Total Equity: $23.61B
Shares: 589,000,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
14.28
Market Cap: $51.33B
Total Debt: $33.88B
Cash: $274.00M
EBITDA: $6.07B
Total Debt: $33.88B
Cash: $274.00M
EBITDA: $6.07B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$77.9B
Market Cap: $51.33B
Total Debt: $33.88B
Cash: $274.00M
Total Debt: $33.88B
Cash: $274.00M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
24.3%
Gross Profit: $3.57B
Revenue: $14.67B
Revenue: $14.67B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
19.6%
Operating Income: $2.88B
Revenue: $14.67B
Revenue: $14.67B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
13.8%
Net Income: $2.02B
Revenue: $14.67B
Revenue: $14.67B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
9.3%
Net Income: $2.02B
Total Equity: $23.61B
Total Equity: $23.61B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
3.7%
Operating Income: $2.88B
Tax Rate: -13.8%
Equity: $23.61B
Total Debt: $33.88B
Cash: $274.00M
Tax Rate: -13.8%
Equity: $23.61B
Total Debt: $33.88B
Cash: $274.00M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.71
Current Assets: $5.01B
Current Liabilities: $7.09B
Current Liabilities: $7.09B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
1.44
Short-Term Debt: $2.05B
Long-Term Debt: $31.83B
Total Debt: $33.88B
Total Equity: $23.61B
Long-Term Debt: $31.83B
Total Debt: $33.88B
Total Equity: $23.61B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$24.90
Revenue: $14.67B
Shares: 589,000,000
Shares: 589,000,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$40.08
Total Equity: $23.61B
Shares: 589,000,000
Shares: 589,000,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$8.92
Operating CF: $4.08B
CapEx: $1.17B
Shares: 589,000,000
CapEx: $1.17B
Shares: 589,000,000
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
3.0%
Last Dividend: N/A
Stock Price: $82.23
Stock Price: $82.23
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $2.02B
Net Income: $2.02B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares XEL against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 28, 2026 5:26am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $13.4B | $15.3B | $14.2B | $13.4B | $14.7B |
| Cost of Revenue | $8.2B | $9.5B | $8.2B | $7.3B | $11.1B |
| Gross Profit | $5.3B | $5.9B | $6.0B | $6.1B | $3.6B |
| Operating Expenses | $3.1B | $3.4B | $3.5B | $3.8B | $686.0M |
| Operating Income | $2.2B | $2.4B | $2.5B | $2.4B | $2.9B |
| Net Income | $1.6B | $1.7B | $1.8B | $1.9B | $2.0B |
| EBITDA | $4.6B | $5.1B | $5.2B | $5.6B | $6.1B |
| EPS | $2.96 | $3.17 | $3.21 | $3.44 | $3.44 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 28, 2026 5:26am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $166.0M | $111.0M | $129.0M | $179.0M | $274.0M |
| Total Current Assets | $4.2B | $5.1B | $4.1B | $4.3B | $5.0B |
| Total Assets | $57.9B | $61.2B | $64.1B | $70.0B | $81.4B |
| Current Liabilities | $5.0B | $6.1B | $5.7B | $6.5B | $7.1B |
| Long-Term Debt | $21.8B | $22.8B | $24.9B | $27.3B | $31.8B |
| Total Liabilities | $42.2B | $44.5B | $46.5B | $50.5B | $57.8B |
| Total Equity | $15.6B | $16.7B | $17.6B | $19.5B | $23.6B |
| Retained Earnings | $6.6B | $7.2B | $7.9B | $8.6B | $9.2B |
Cash Flow (Annual)
Last updated: Jun 28, 2026 5:26am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2.2B | $3.9B | $5.3B | $4.6B | $4.1B |
| Capital Expenditure | -$4.2B | -$4.6B | -$5.9B | -$7.4B | $1.2B |
| Free Cash Flow | -$2.1B | -$706.0M | -$527.0M | -$2.7B | $5.3B |
| Acquisitions (net) | $4.2B | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $37.0M | -$55.0M | $18.0M | $50.0M | $95.0M |
Analyst Estimates (Annual)
Last updated: Jun 28, 2026 5:26am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$17.3B $16.7B – $17.9B
|
$18.7B $18.6B – $18.7B
|
$20.0B $19.4B – $20.8B
|
$21.4B $20.6B – $22.2B
|
| EBITDA |
$8.8B $8.6B – $9.1B
|
$9.5B $9.5B – $9.5B
|
$10.3B $9.9B – $10.6B
|
$10.9B $10.5B – $11.3B
|
| Net Income |
$2.7B $2.6B – $2.7B
|
$3.0B $2.8B – $3.1B
|
$3.2B $3.1B – $3.4B
|
$3.5B $3.3B – $3.7B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 28, 2026 5:26am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +14.0% | -7.2% | -5.4% | +9.1% |
| Gross Profit Growth | +11.4% | +2.0% | +2.8% | -42.0% |
| Operating Income Growth | +10.2% | +2.2% | -3.8% | +20.7% |
| Net Income Growth | +8.7% | +2.0% | +9.3% | +4.2% |
| EBITDA Growth | +10.4% | +2.3% | +7.6% | +8.5% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-21 | Welsh Timothy A | A-Award | 2,253.94 | $0.00 | $0 |
| 2026-05-21 | KAMPLING PATRICIA L | A-Award | 2,253.94 | $0.00 | $0 |
| 2026-05-21 | Casey Lynn | A-Award | 2,253.94 | $0.00 | $0 |
| 2026-05-21 | Johnson Netha N. | A-Award | 2,253.94 | $0.00 | $0 |
| 2026-05-21 | Hutchinson Maria Demaree | A-Award | 2,253.94 | $0.00 | $0 |
| 2026-05-21 | Stockfish Devin W | A-Award | 2,253.94 | $0.00 | $0 |
| 2026-05-21 | Pardee Charles G | A-Award | 2,253.94 | $0.00 | $0 |
| 2026-05-21 | Burkhart Megan D | A-Award | 2,253.94 | $0.00 | $0 |
| 2026-05-21 | Kehl George J | A-Award | 2,253.94 | $0.00 | $0 |
| 2026-03-28 | Welsh Timothy A | A-Award | 480.22 | $0.00 | $0 |
| 2026-03-28 | Pardee Charles G | A-Award | 580.53 | $0.00 | $0 |
| 2026-03-28 | KAMPLING PATRICIA L | A-Award | 614.68 | $0.00 | $0 |
| 2026-03-28 | Casey Lynn | A-Award | 518.63 | $0.00 | $0 |
| 2026-03-28 | Burkhart Megan D | A-Award | 614.68 | $0.00 | $0 |
| 2026-03-20 | Rome Amanda J | W-Will | 6.00 | $0.00 | $0 |
| 2026-03-02 | Ostrom Melissa | A-Award | 1,450.00 | $0.00 | $0 |
| 2026-03-02 | Correa Patricia | A-Award | 4,207.00 | $0.00 | $0 |
| 2026-03-02 | Sharp Scott | A-Award | 4,118.00 | $0.00 | $0 |
| 2026-03-02 | Lamb Michael G. | A-Award | 4,655.00 | $0.00 | $0 |
| 2026-03-02 | Long Ryan J. | A-Award | 5,370.00 | $0.00 | $0 |
Dividend History (Last 20)
Last updated: Jun 28, 2026 5:26am (just now)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-15 | $0.59 | 2026-05-20 | 2026-06-15 | 2026-07-20 |
| 2026-03-13 | $0.59 | 2026-02-25 | 2026-03-13 | 2026-04-20 |
| 2025-12-29 | $0.57 | 2025-12-17 | 2025-12-29 | 2026-01-20 |
| 2025-09-15 | $0.57 | 2025-07-30 | 2025-09-15 | 2025-10-20 |
| 2025-06-13 | $0.57 | 2025-05-21 | 2025-06-13 | 2025-07-20 |
| 2025-03-14 | $0.57 | 2025-02-26 | 2025-03-14 | 2025-04-20 |
| 2025-01-06 | $0.55 | 2024-12-18 | 2025-01-06 | 2025-01-20 |
| 2024-09-13 | $0.55 | 2024-07-30 | 2024-09-13 | 2024-10-20 |
| 2024-06-14 | $0.55 | 2024-05-22 | 2024-06-14 | 2024-07-20 |
| 2024-03-14 | $0.55 | 2024-02-21 | 2024-03-15 | 2024-04-20 |
| 2023-12-27 | $0.52 | 2023-12-13 | 2023-12-28 | 2024-01-20 |
| 2023-09-14 | $0.52 | 2023-08-23 | 2023-09-15 | 2023-10-20 |
| 2023-06-14 | $0.52 | 2023-05-24 | 2023-06-15 | 2023-07-20 |
| 2023-03-14 | $0.52 | 2023-02-22 | 2023-03-15 | 2023-04-20 |
| 2022-12-28 | $0.49 | 2022-12-14 | 2022-12-29 | 2023-01-20 |
| 2022-09-14 | $0.49 | 2022-08-17 | 2022-09-15 | 2022-10-20 |
| 2022-06-14 | $0.49 | 2022-05-18 | 2022-06-15 | 2022-07-20 |
| 2022-03-14 | $0.49 | 2022-02-23 | 2022-03-15 | 2022-04-20 |
| 2021-12-21 | $0.46 | 2021-12-08 | 2021-12-22 | 2022-01-20 |
| 2021-09-14 | $0.46 | 2021-08-18 | 2021-09-15 | 2021-10-20 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for XEL — it's generated by the pipeline (
market-narrative step).
No community reviews yet for XEL.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
personal — only you see this
Sign in to save personal notes and rate your interest in this stock.
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30