(XEL) Xcel Energy - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US98389B1008

Stock: Electricity, Natural Gas

Total Rating 37
Risk 72
Buy Signal -0.52

EPS (Earnings per Share)

EPS (Earnings per Share) of XEL over the last years for every Quarter: "2020-12": 0.54, "2021-03": 0.67, "2021-06": 0.58, "2021-09": 1.13, "2021-12": 0.58, "2022-03": 0.7, "2022-06": 0.6, "2022-09": 1.18, "2022-12": 0.69, "2023-03": 0.76, "2023-06": 0.52, "2023-09": 1.23, "2023-12": 0.83, "2024-03": 0.88, "2024-06": 0.54, "2024-09": 1.25, "2024-12": 0.81, "2025-03": 0.84, "2025-06": 0.75, "2025-09": 1.24,

Revenue

Revenue of XEL over the last years for every Quarter: 2020-12: 2947, 2021-03: 3541, 2021-06: 3068, 2021-09: 3467, 2021-12: 3355, 2022-03: 3751, 2022-06: 3424, 2022-09: 4082, 2022-12: 4053, 2023-03: 4080, 2023-06: 3022, 2023-09: 3662, 2023-12: 3442, 2024-03: 3649, 2024-06: 3028, 2024-09: 3644, 2024-12: 3120, 2025-03: 3906, 2025-06: 3287, 2025-09: 3915,

Dividends

Dividend Yield 3.21%
Yield on Cost 5y 4.29%
Yield CAGR 5y 11.46%
Payout Consistency 97.9%
Payout Ratio 80.6%
Risk 5d forecast
Volatility 19.1%
Relative Tail Risk -1.22%
Reward TTM
Sharpe Ratio 0.68
Alpha 8.90
Character TTM
Beta 0.203
Beta Downside 0.305
Drawdowns 3y
Max DD 30.27%
CAGR/Max DD 0.24

Description: XEL Xcel Energy January 28, 2026

Xcel Energy (NASDAQ:XEL) operates regulated electric-utility and natural-gas-utility segments across eight U.S. states, generating electricity from a mix that includes wind, nuclear, hydro, solar, coal, natural gas and biomass, while also purchasing, transporting, and selling natural gas to residential, commercial and industrial customers.

Key recent metrics (2024 Form 10-K and Q1 2025 earnings): revenue of $15.5 billion, adjusted EBITDA of $5.2 billion, and a dividend yield of roughly 2.6 %. The utility’s renewable-generation portfolio now exceeds 13 GW (≈ 30 % of total capacity), and capital expenditures for 2024 were $2.5 billion, driven largely by grid-modernization and new wind-solar projects. Debt-to-equity stands at about 1.2 ×, with an S&P rating of A-, reflecting moderate leverage amid ongoing infrastructure investment.

Sector-level drivers that will shape Xcel’s outlook include: (1) U.S. electricity demand growth of ~2 % annually, bolstered by electrification of transport and heating; (2) Federal and state decarbonization policies that incentivize renewable capacity and grid resilience; and (3) Natural-gas price volatility, which can affect both cost structures and earnings stability for the gas-utility side.

If you want a deeper, data-rich assessment of Xcel’s valuation assumptions, a quick look at ValueRay’s analyst toolkit may be worthwhile.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 1.92b TTM > 0 and > 6% of Revenue
FCF/TA: -0.03 > 0.02 and ΔFCF/TA -0.26 > 1.0
NWC/Revenue: -10.31% < 20% (prev -2.83%; Δ -7.48% < -1%)
CFO/TA 0.06 > 3% & CFO 4.54b > Net Income 1.92b
Net Debt (33.58b) to EBITDA (5.82b): 5.77 < 3
Current Ratio: 0.79 > 1.5 & < 3
Outstanding Shares: last quarter (582.0m) vs 12m ago 3.01% < -2%
Gross Margin: 46.32% > 18% (prev 0.46%; Δ 4586 % > 0.5%)
Asset Turnover: 19.17% > 50% (prev 19.86%; Δ -0.69% > 0%)
Interest Coverage Ratio: 2.16 > 6 (EBITDA TTM 5.82b / Interest Expense TTM 1.28b)

Altman Z'' 0.69

A: -0.02 (Total Current Assets 5.68b - Total Current Liabilities 7.15b) / Total Assets 79.15b
B: 0.11 (Retained Earnings 8.99b / Total Assets 79.15b)
C: 0.04 (EBIT TTM 2.78b / Avg Total Assets 74.22b)
D: 0.18 (Book Value of Equity 10.41b / Total Liabilities 57.97b)
Altman-Z'' Score: 0.69 = B

Beneish M -3.38

DSRI: 0.61 (Receivables 1.25b/1.98b, Revenue 14.23b/13.76b)
GMI: 1.00 (GM 46.32% / 46.41%)
AQI: 0.96 (AQ_t 0.10 / AQ_t-1 0.11)
SGI: 1.03 (Revenue 14.23b / 13.76b)
TATA: -0.03 (NI 1.92b - CFO 4.54b) / TA 79.15b)
Beneish M-Score: -3.38 (Cap -4..+1) = AA

What is the price of XEL shares?

As of February 08, 2026, the stock is trading at USD 75.90 with a total of 7,096,399 shares traded.
Over the past week, the price has changed by -0.21%, over one month by +1.98%, over three months by -5.03% and over the past year by +16.77%.

Is XEL a buy, sell or hold?

Xcel Energy has received a consensus analysts rating of 4.18. Therefore, it is recommended to buy XEL.
  • StrongBuy: 9
  • Buy: 3
  • Hold: 4
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the XEL price?

Issuer Target Up/Down from current
Wallstreet Target Price 86.8 14.3%
Analysts Target Price 86.8 14.3%
ValueRay Target Price 78.9 3.9%

XEL Fundamental Data Overview February 03, 2026

P/E Trailing = 23.1185
P/E Forward = 19.4175
P/S = 3.1623
P/B = 2.246
P/EG = 2.9416
Revenue TTM = 14.23b USD
EBIT TTM = 2.78b USD
EBITDA TTM = 5.82b USD
Long Term Debt = 32.03b USD (from longTermDebt, last quarter)
Short Term Debt = 1.33b USD (from shortTermDebt, last quarter)
Debt = 34.64b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 33.58b USD (from netDebt column, last quarter)
Enterprise Value = 78.58b USD (44.99b + Debt 34.64b - CCE 1.05b)
Interest Coverage Ratio = 2.16 (Ebit TTM 2.78b / Interest Expense TTM 1.28b)
EV/FCF = -34.62x (Enterprise Value 78.58b / FCF TTM -2.27b)
FCF Yield = -2.89% (FCF TTM -2.27b / Enterprise Value 78.58b)
FCF Margin = -15.95% (FCF TTM -2.27b / Revenue TTM 14.23b)
Net Margin = 13.46% (Net Income TTM 1.92b / Revenue TTM 14.23b)
Gross Margin = 46.32% ((Revenue TTM 14.23b - Cost of Revenue TTM 7.64b) / Revenue TTM)
Gross Margin QoQ = 52.59% (prev 47.43%)
Tobins Q-Ratio = 0.99 (Enterprise Value 78.58b / Total Assets 79.15b)
Interest Expense / Debt = 1.00% (Interest Expense 348.0m / Debt 34.64b)
Taxrate = 1.50% (8.00m / 532.0m)
NOPAT = 2.74b (EBIT 2.78b * (1 - 1.50%))
Current Ratio = 0.79 (Total Current Assets 5.68b / Total Current Liabilities 7.15b)
Debt / Equity = 1.64 (Debt 34.64b / totalStockholderEquity, last quarter 21.18b)
Debt / EBITDA = 5.77 (Net Debt 33.58b / EBITDA 5.82b)
Debt / FCF = -14.79 (negative FCF - burning cash) (Net Debt 33.58b / FCF TTM -2.27b)
Total Stockholder Equity = 20.37b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.58% (Net Income 1.92b / Total Assets 79.15b)
RoE = 9.40% (Net Income TTM 1.92b / Total Stockholder Equity 20.37b)
RoCE = 5.31% (EBIT 2.78b / Capital Employed (Equity 20.37b + L.T.Debt 32.03b))
RoIC = 5.28% (NOPAT 2.74b / Invested Capital 51.83b)
WACC = 4.19% (E(44.99b)/V(79.63b) * Re(6.66%) + D(34.64b)/V(79.63b) * Rd(1.00%) * (1-Tc(0.02)))
Discount Rate = 6.66% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 2.50%
Fair Price DCF = unknown (Cash Flow -2.27b)
EPS Correlation: 38.45 | EPS CAGR: 22.46% | SUE: -1.09 | # QB: 0
Revenue Correlation: -14.29 | Revenue CAGR: 4.20% | SUE: -0.08 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.94 | Chg30d=+0.010 | Revisions Net=+2 | Analysts=7
EPS next Year (2026-12-31): EPS=4.11 | Chg30d=-0.003 | Revisions Net=-2 | Growth EPS=+8.1% | Growth Revenue=+7.9%

Additional Sources for XEL Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle