Xcel Energy financials
$70.69+1.87%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.67B | $13.44B | $14.21B | $15.31B | $13.43B | $11.53B | $11.53B | $11.54B | $11.40B | $11.11B |
| Gross profit | $9.66B | $8.69B | $8.42B | $8.35B | $7.58B | $7.29B | $7.06B | $6.80B | $6.79B | $6.62B |
| Gross margin | 65.8% | 64.6% | 59.3% | 54.5% | 56.4% | 63.2% | 61.2% | 59.0% | 59.5% | 59.6% |
| Operating income | $2.58B | $2.39B | $2.48B | $2.43B | $2.20B | $2.12B | $2.10B | $1.97B | $2.22B | $2.24B |
| Net income | $2.02B | $1.94B | $1.77B | $1.74B | $1.60B | $1.47B | $1.37B | $1.26B | $1.15B | $1.12B |
| Net margin | 13.8% | 14.4% | 12.5% | 11.3% | 11.9% | 12.8% | 11.9% | 10.9% | 10.1% | 10.1% |
| Diluted EPS | $3.42 | $3.44 | $3.21 | $3.17 | $2.96 | $2.79 | $2.64 | $2.47 | $2.25 | $2.21 |
| EBITDA | $5.85B | $5.16B | $4.99B | $4.98B | $4.46B | $4.20B | $4.01B | $3.75B | $3.83B | $3.68B |
| Operating cash flow | $4.08B | $4.64B | $5.33B | $3.93B | $2.19B | $2.85B | $3.26B | $3.12B | $3.13B | $3.05B |
| Free cash flow | -$6.83B | -$2.72B | -$527.0M | -$706.0M | -$2.06B | -$2.52B | -$962.0M | -$835.0M | -$118.0M | -$143.0M |
| Diluted shares | 589.0M | 563.0M | 552.0M | 547.0M | 540.0M | 528.0M | 520.0M | 511.0M | 509.0M | 509.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $274.0M | $179.0M | $129.0M | $111.0M | $166.0M | $129.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $35.48B | $29.45B | $26.50B | $24.99B | $23.59B | $20.85B |
| Total assets | $81.37B | $70.03B | $64.08B | $61.19B | $57.85B | $53.96B |
| Total liabilities | $57.76B | $50.51B | $46.46B | $44.51B | $42.24B | $39.38B |
| Shareholders' equity | $23.61B | $19.52B | $17.62B | $16.68B | $15.61B | $14.57B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology