
Xcel Energy hands retirees a quarterly check that has grown every single year, but wildfire lawsuits, a $60 billion spending plan, and a 10-Year Treasury above 4% raise fair questions about whether that streak holds.
Xcel Energy Inc. is a utility holding company based in Minneapolis, Minnesota, serving more than 3.7 million electric customers and 2.1 million natural gas customers in Minnesota, Michigan, Wisconsin, North Dakota, South Dakota, Colorado, Texas, and New Mexico as of 2019. It consists of four operating subsidiaries: Northern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co.
| Revenue (TTM) | $14.62B |
| Gross Profit (TTM) | $6.84B |
| EBITDA | $6.12B |
| Operating Margin | 22.70% |
| Return on Equity | 9.92% |
| Return on Assets | 2.37% |
| Revenue/Share (TTM) | $23.98 |
| Book Value | $38.53 |
| Price-to-Book | 1.98 |
| Price-to-Sales (TTM) | 3.24 |
| EV/Revenue | 5.88 |
| EV/EBITDA | 13.16 |
| Quarterly Earnings Growth (YoY) | 24.00% |
| Quarterly Revenue Growth (YoY) | -5.10% |
| Shares Outstanding | $624.63M |
| Float | $623.37M |
| % Insiders | 0.20% |
| % Institutions | 98.23% |
Volatility is currently contracting

Xcel Energy hands retirees a quarterly check that has grown every single year, but wildfire lawsuits, a $60 billion spending plan, and a 10-Year Treasury above 4% raise fair questions about whether that streak holds.

Xcel Energy Inc. is positioned for accelerated growth via its SPS utility, with a ~$19.03B investment planned for Texas and New Mexico through 2030. SPS's weather-adjusted electric sales grew 4.8%, outpacing XEL's average, and its proposed 2,623 MW generation portfolio could drive future rate-base and earnings expansion. Regulatory approval, project execution, and financing risks remain; SPS's earnings contribution depends on allowed returns and timely cost recovery.

Xcel Energy's $70B-plus 2026-2030 investment plan targets 11% rate-base CAGR and 6-8% annual earnings growth through 2030.

Xcel Energy is well positioned for AI-driven energy demand, underpinned by stable revenues, strong EBIT growth, and a robust capital plan. XEL's aggressive CapEx aims to grow its rate base to $94 billion by 2030, supporting higher allowed ROE and long-term earnings visibility. Recent nuclear life extensions and major clean energy contracts, notably with Alphabet, enhance XEL's role as a key data center energy supplier.

Xcel Energy NASDAQ: XEL reported second-quarter 2026 earnings of $0.93 per share, up from $0.75 per share a year earlier, as higher electric revenues, allowance for funds used during construction (AFUDC), and lower depreciation and amortization more than offset increased financing costs.

Xcel Energy's Q2 earnings rose 24% and beat estimates as infrastructure recovery and lower power costs offset a revenue miss.

Xcel Energy (XEL) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.75 per share a year ago.

XEL's Q2 earnings are expected to have risen on stronger demand, new rates and grid investments, though higher financing costs may have tempered growth.

Xcel (XEL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Xcel Energy TodayXELXcel Energy$82.47 +0.72 (+0.88%) As of 10:35 AM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$66.56▼$84.23Dividend Yield2.87%P/E Ratio23.80Price Target$91.06Add to WatchlistXcel Energy NASDAQ: XEL is dependable, predictable, and steady.
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