Xcel Energy (XEL)

Nasdaq Utilities Multi-Utilities S&P 500Nasdaq-100

$79.67

-0.70 (-0.87%)

Close of Nov 06, 2026 · end-of-day data

Source: Xcel Energy's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Oct 30, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2009	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018
Revenue	$9.64B	$10.31B	$10.65B	$10.13B	$10.91B	$11.69B	$11.02B	$11.11B	$11.40B	$11.54B
Cost of revenue	—	—	—	—	—	—	—	$3.72B	$3.76B	$3.85B
Gross profit	—	—	—	—	—	—	—	$7.39B	$7.65B	$7.68B
Operating income	$1.47B	$1.62B	$1.78B	$1.82B	$1.85B	$1.95B	$2.00B	$2.24B	$2.22B	$1.97B
Interest expense	$561.65M	$577.29M	$591.30M	$601.55M	$575.20M	$566.61M	$595.00M	$647.00M	$663.00M	$700.00M
Pre-tax income	$1.06B	$1.19B	$1.31B	$1.36B	$1.43B	$1.55B	$1.53B	$1.70B	$1.69B	$1.44B
Income tax	$371.31M	$436.63M	$468.32M	$450.20M	$483.98M	$523.82M	$543.00M	$581.00M	$542.00M	$181.00M
Net income	$680.89M	$755.83M	$841.17M	$905.23M	$948.23M	$1.02B	$984.00M	$1.12B	$1.15B	$1.26B
EBITDA	$2.29B	$2.49B	$2.69B	$2.77B	$2.85B	$2.98B	$3.14B	$3.56B	$3.72B	$3.62B
EPS (basic)	$1.48	$1.63	$1.72	$1.86	$1.91	$2.03	$1.94	$2.21	$2.26	$2.47
EPS (diluted)	$1.48	$1.62	$1.72	$1.85	$1.91	$2.03	$1.94	$2.21	$2.25	$2.47
Diluted shares	457.14M	463.39M	485.62M	488.43M	496.53M	504.12M	508.20M	509.00M	509.00M	511.00M
Gross margin	—	—	—	—	—	—	—	66.5%	67.1%	66.6%
Operating margin	15.2%	15.7%	16.7%	18.0%	16.9%	16.7%	18.1%	20.2%	19.5%	17.0%
Net margin	7.1%	7.3%	7.9%	8.9%	8.7%	8.7%	8.9%	10.1%	10.1%	10.9%

Balance sheet

fiscal years · USD

Fiscal year	FY2009	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018
Cash & equivalents	$115.65M	$108.44M	$60.68M	$82.32M	$107.14M	$80.00M	$85.00M	$85.00M	$83.00M	$147.00M
Receivables	$730.15M	$718.47M	$753.12M	$718.05M	$744.16M	$826.51M	$724.61M	$776.00M	$797.00M	$860.00M
Inventory	$566.21M	$560.80M	$618.23M	$535.57M	$576.54M	$597.18M	$608.58M	$604.00M	$610.00M	$548.00M
Total current assets	$2.98B	$2.73B	$2.98B	$2.63B	$3.22B	$3.36B	$2.77B	$2.84B	$2.97B	$3.09B
Total assets	$25.31B	$27.39B	$29.50B	$31.14B	$33.91B	$36.96B	$38.82B	$41.16B	$43.03B	$45.99B
Total current liabilities	$3.09B	$2.54B	$3.59B	$2.94B	$3.65B	$4.06B	$4.06B	$3.25B	$4.09B	$4.46B
Short-term debt	$459.00M	$466.00M	$219.00M	$602.00M	$759.00M	$0	$450.00M	$250.00M	$814.00M	$1.04B
Long-term debt	$7.89B	$9.26B	$8.85B	$10.14B	$10.91B	$11.50B	$12.40B	$14.20B	$14.52B	$16.21B
Total debt	$8.35B	$9.73B	$9.07B	$10.75B	$11.67B	$11.50B	$12.85B	$14.45B	$15.33B	$17.25B
Total liabilities	$18.02B	$19.30B	$21.02B	$22.27B	$24.34B	$26.74B	$28.22B	$30.13B	$31.57B	$33.77B
Shareholders' equity	$7.28B	$8.08B	$8.48B	$8.87B	$9.57B	$10.21B	$10.60B	$11.02B	$11.46B	$12.22B

Cash flow

fiscal years · USD

Fiscal year	FY2009	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018
Operating cash flow	$1.92B	$1.89B	$2.41B	$2.00B	$2.58B	$2.66B	$3.04B	$3.05B	$3.13B	$3.12B
Capital expenditures	$0	$732.50M	$0	$0	$3.40B	$3.20B	$3.68B	$3.19B	$3.24B	$3.96B
Free cash flow	$1.92B	$1.16B	$2.41B	$2.00B	-$811.29M	-$540.30M	-$645.00M	-$143.00M	-$118.00M	-$835.00M
Investing cash flow	-$1.73B	-$2.81B	-$2.25B	-$2.33B	-$3.21B	-$3.12B	-$3.62B	-$3.26B	-$3.30B	-$3.99B
Financing cash flow	-$322.42M	$905.57M	-$205.47M	$349.82M	$654.17M	$430.23M	$590.00M	$209.00M	$168.00M	$928.00M
Dividends paid	$414.92M	$432.11M	$474.76M	$486.76M	$514.04M	$561.41M	$607.00M	$681.00M	$721.00M	$730.00M
Share buybacks	—	$0	$0	$18.53M	$0	$0	$0	$32.00M	$3.00M	$1.00M
Stock-based compensation	$29.67M	$35.81M	$45.01M	$26.97M	$24.61M	$32.19M	$45.00M	$41.00M	$57.00M	$45.00M
Depreciation & amortization	$818.05M	$872.19M	$908.85M	$943.70M	$1.00B	$1.04B	$1.14B	$1.32B	$1.50B	$1.66B

Income statement

quarters · USD

Quarter ended	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019
Revenue	$2.79B	$2.80B	$2.54B	$3.02B	$2.80B	$2.95B	$2.54B	$3.05B	$2.88B	$3.14B	$2.58B	$3.01B
Operating income	$465.00M	$492.00M	$466.00M	$824.00M	$440.00M	$480.00M	$450.00M	$696.00M	$339.00M	$486.00M	$410.00M	$758.00M
Interest expense	$161.72M	$166.00M	$164.00M	$168.00M	$165.00M	$171.00M	$175.00M	$177.00M	$177.00M	$189.00M	$189.00M	$199.00M
Pre-tax income	$336.64M	$356.00M	$329.00M	$697.00M	$307.00M	$350.00M	$319.00M	$564.00M	$208.00M	$340.00M	$262.00M	$599.00M
Income tax	$109.54M	$117.00M	$102.00M	$205.00M	$118.00M	$59.00M	$54.00M	$73.00M	-$6.00M	$25.00M	$24.00M	$72.00M
Net income	$227.00M	$239.00M	$227.00M	$492.00M	$189.00M	$291.00M	$265.00M	$491.00M	$214.00M	$315.00M	$238.00M	$527.00M
EBITDA	$801.32M	$861.00M	$836.00M	$1.20B	$822.00M	$867.00M	$832.00M	$1.14B	$785.00M	$924.00M	$853.00M	$1.21B
EPS (basic)	$0.45	$0.47	$0.45	$0.97	$0.37	$0.57	$0.52	$0.96	$0.42	$0.61	$0.46	$1.02
EPS (diluted)	$0.45	$0.47	$0.45	$0.97	$0.37	$0.57	$0.52	$0.96	$0.42	$0.61	$0.46	$1.01
Diluted shares	-396.00K	508.80M	509.10M	509.20M	-100.00K	509.00M	510.00M	511.00M	1.00M	516.00M	518.00M	521.00M
Operating margin	16.6%	17.5%	18.3%	27.3%	15.7%	16.3%	17.7%	22.8%	11.8%	15.5%	15.9%	25.2%
Net margin	8.1%	8.5%	8.9%	16.3%	6.8%	9.9%	10.4%	16.1%	7.4%	10.0%	9.2%	17.5%

Balance sheet

quarters · USD

Quarter ended	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019
Cash & equivalents	$85.00M	$74.00M	$61.00M	$167.00M	$83.00M	$116.00M	$332.00M	$213.00M	$147.00M	$94.00M	$353.00M	$864.00M
Receivables	$776.00M	$781.25M	$759.38M	$807.62M	$797.00M	$868.00M	$808.00M	$856.00M	$860.00M	$974.00M	$737.00M	$821.00M
Inventory	$604.00M	$519.08M	$542.04M	$616.67M	$610.00M	$492.00M	$511.00M	$528.00M	$548.00M	$445.00M	$483.00M	$544.00M
Total current assets	$2.84B	$2.63B	$2.76B	$2.90B	$2.97B	$2.78B	$3.06B	$3.00B	$3.09B	$2.91B	$2.94B	$3.60B
Total assets	$41.16B	$41.29B	$41.86B	$42.47B	$43.03B	$43.16B	$44.24B	$44.84B	$45.99B	$47.85B	$48.58B	$50.24B
Total current liabilities	$3.25B	$3.71B	$3.69B	$3.34B	$4.09B	$4.12B	$4.18B	$3.84B	$4.46B	$4.42B	$5.06B	$5.02B
Short-term debt	$250.00M	$605.00M	$784.00M	$514.00M	$814.00M	$1.02B	$682.00M	$437.00M	$1.04B	$1.25B	$1.60B	$933.00M
Long-term debt	$14.20B	$13.70B	$14.09B	$14.57B	$14.52B	$14.52B	$15.31B	$15.51B	$16.21B	$16.12B	$16.00B	$17.67B
Total debt	$14.45B	$14.30B	$14.88B	$15.09B	$15.33B	$15.55B	$15.99B	$15.95B	$17.25B	$17.37B	$17.59B	$18.61B
Total liabilities	$30.13B	$30.22B	$30.74B	$31.03B	$31.57B	$31.60B	$32.59B	$32.67B	$33.77B	$35.52B	$36.22B	$37.10B
Shareholders' equity	$11.02B	$11.07B	$11.12B	$11.44B	$11.46B	$11.56B	$11.65B	$12.16B	$12.22B	$12.33B	$12.37B	$13.14B

Cash flow

quarters · USD

Quarter ended	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019
Operating cash flow	$626.66M	$718.00M	$574.00M	$1.07B	$759.00M	$887.00M	$550.00M	$1.06B	$629.00M	$793.00M	$541.00M	$1.22B
Capital expenditures	$1.01B	$749.00M	$725.00M	$782.00M	$988.00M	$860.00M	$994.00M	$827.00M	$1.28B	$844.00M	$845.00M	$1.33B
Free cash flow	-$381.86M	-$31.00M	-$151.00M	$293.00M	-$229.00M	$27.00M	-$444.00M	$229.00M	-$647.00M	-$51.00M	-$304.00M	-$106.00M
Investing cash flow	-$1.05B	-$748.00M	-$726.00M	-$765.00M	-$1.06B	-$872.00M	-$993.00M	-$841.00M	-$1.28B	-$852.00M	-$856.00M	-$1.42B
Financing cash flow	$159.64M	$19.00M	$140.00M	-$204.00M	$213.00M	$18.00M	$659.00M	-$334.00M	$585.00M	$6.00M	$574.00M	$709.00M
Dividends paid	$173.18M	$173.00M	$182.00M	$183.00M	$183.00M	$175.00M	$184.00M	$185.00M	$186.00M	$187.00M	$200.00M	$200.00M
Share buybacks	$29.19M	$2.94M	$0	$0	$57.00K	—	—	—	—	—	—	—
Stock-based compensation	$11.13M	$18.00M	$14.00M	$12.00M	$13.00M	$6.00M	$4.00M	$15.00M	$20.00M	$19.00M	$16.00M	$12.00M
Depreciation & amortization	$336.32M	$369.00M	$370.00M	$374.00M	$382.00M	$387.00M	$382.00M	$444.00M	$446.00M	$438.00M	$443.00M	$451.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.