(XEL) Xcel Energy - Ratings and Ratios

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

Electricity, Natural Gas, Wind, Solar, Transmission

XEL EPS (Earnings per Share)

EPS (Earnings per Share) of XEL over the last years for every Quarter: "2020-09": 1.14, "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,

XEL Revenue

Revenue of XEL over the last years for every Quarter: 2020-09: 3182, 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: 7081,

Description: XEL Xcel Energy September 29, 2025

Xcel Energy (NASDAQ:XEL) is a vertically integrated utility that generates, purchases, transmits, distributes, and sells electricity and natural gas across eight states (CO, MI, MN, NM, ND, SD, TX, WI). Its operations are split between a Regulated Electric Utility segment-fueling power plants with a mix that includes wind, nuclear, hydro, biomass, solar, coal, natural gas, oil, wood, and refuse-derived fuels-and a Regulated Natural Gas Utility segment that handles wholesale procurement, pipeline transport, storage, compression, and retail distribution of natural gas.

Key operational metrics from the most recent 2023 Form 10-K show Xcel’s regulated electric revenue grew ~3.2% YoY to $9.6 billion, while its natural gas revenue rose ~2.8% to $3.2 billion. The company reported a net income of $1.1 billion and a return on equity (ROE) of 12.4%, reflecting the stable cash-flow profile typical of regulated utilities. Xcel is actively expanding its renewable portfolio, adding 2.4 GW of wind and solar capacity in 2023-part of its goal to achieve 100% carbon-free electricity by 2050-while simultaneously investing in pipeline upgrades to meet growing demand for natural gas in the Midwest and Southwest.

Given the broader sector shift toward decarbonization, Xcel’s exposure to both clean-energy growth and legacy fossil-fuel assets creates a nuanced risk-return profile; analysts should watch state-level Renewable Portfolio Standards and federal infrastructure funding as primary drivers of future earnings. For a deeper quantitative view, the ValueRay platform offers granular financial and ESG metrics that can help you assess XEL’s risk-adjusted upside.

XEL Stock Overview

Market Cap in USD 48,254m
Sub-Industry Electric Utilities
IPO / Inception 1985-09-24

XEL Stock Ratings

Growth Rating 58.5%
Fundamental 49.8%
Dividend Rating 52.2%
Return 12m vs S&P 500 6.35%
Analyst Rating 4.18 of 5

XEL Dividends

Dividend Yield 12m 2.78%
Yield on Cost 5y 3.60%
Annual Growth 5y -1.12%
Payout Consistency 97.9%
Payout Ratio 62.0%

XEL Growth Ratios

Growth Correlation 3m 80.8%
Growth Correlation 12m 79.5%
Growth Correlation 5y 34.9%
CAGR 5y 11.21%
CAGR/Max DD 3y (Calmar Ratio) 0.36
CAGR/Mean DD 3y (Pain Ratio) 1.15
Sharpe Ratio 12m 1.88
Alpha 15.97
Beta 0.378
Volatility 18.30%
Current Volume 6708.2k
Average Volume 20d 4134.7k
Stop Loss 78.7 (-3.1%)
Signal 0.92

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (1.92b TTM) > 0 and > 6% of Revenue (6% = 1.04b TTM)
FCFTA -0.01 (>2.0%) and ΔFCFTA 1.37pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -8.43% (prev -2.83%; Δ -5.61pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.06 (>3.0%) and CFO 4.54b > Net Income 1.92b (YES >=105%, WARN >=100%)
Net Debt (33.58b) to EBITDA (5.38b) ratio: 6.24 <= 3.0 (WARN <= 3.5)
Current Ratio 0.79 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (582.0m) change vs 12m ago 3.01% (target <= -2.0% for YES)
Gross Margin 48.56% (prev 46.41%; Δ 2.15pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 23.44% (prev 19.86%; Δ 3.57pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 1.89 (EBITDA TTM 5.38b / Interest Expense TTM 1.28b) >= 6 (WARN >= 3)

Altman Z'' 0.66

(A) -0.02 = (Total Current Assets 5.68b - Total Current Liabilities 7.15b) / Total Assets 79.15b
(B) 0.11 = Retained Earnings (Balance) 8.99b / Total Assets 79.15b
(C) 0.03 = EBIT TTM 2.43b / Avg Total Assets 74.22b
(D) 0.18 = Book Value of Equity 10.41b / Total Liabilities 57.97b
Total Rating: 0.66 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 49.78

1. Piotroski 4.0pt = -1.0
2. FCF Yield -1.20% = -0.60
3. FCF Margin -5.63% = -2.11
4. Debt/Equity 1.64 = 1.29
5. Debt/Ebitda 6.24 = -2.50
6. ROIC - WACC (= -0.02)% = -0.03
7. RoE 9.40% = 0.78
8. Rev. Trend 28.61% = 2.15
9. EPS Trend 35.89% = 1.79

What is the price of XEL shares?

As of November 07, 2025, the stock is trading at USD 81.19 with a total of 6,708,221 shares traded.
Over the past week, the price has changed by +1.88%, over one month by +0.23%, over three months by +10.98% and over the past year by +26.47%.

Is Xcel Energy a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Xcel Energy (NASDAQ:XEL) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 49.78 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of XEL is around 82.96 USD . This means that XEL is currently overvalued and has a potential downside of 2.18%.

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.
  • Strong Buy: 9
  • Buy: 3
  • Hold: 4
  • Sell: 1
  • Strong Sell: 0

What are the forecasts/targets for the XEL price?

Issuer Target Up/Down from current
Wallstreet Target Price 88.2 8.7%
Analysts Target Price 88.2 8.7%
ValueRay Target Price 89.4 10.1%

XEL Fundamental Data Overview November 02, 2025

Market Cap USD = 48.25b (48.25b USD * 1.0 USD.USD)
P/E Trailing = 24.747
P/E Forward = 19.4175
P/S = 3.3915
P/B = 2.246
P/EG = 2.9416
Beta = 0.378
Revenue TTM = 17.39b USD
EBIT TTM = 2.43b USD
EBITDA TTM = 5.38b USD
Long Term Debt = 27.32b USD (from longTermDebt, last fiscal year)
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 = 81.84b USD (48.25b + Debt 34.64b - CCE 1.05b)
Interest Coverage Ratio = 1.89 (Ebit TTM 2.43b / Interest Expense TTM 1.28b)
FCF Yield = -1.20% (FCF TTM -980.0m / Enterprise Value 81.84b)
FCF Margin = -5.63% (FCF TTM -980.0m / Revenue TTM 17.39b)
Net Margin = 11.01% (Net Income TTM 1.92b / Revenue TTM 17.39b)
Gross Margin = 48.56% ((Revenue TTM 17.39b - Cost of Revenue TTM 8.95b) / Revenue TTM)
Gross Margin QoQ = 55.29% (prev 47.43%)
Tobins Q-Ratio = 1.03 (Enterprise Value 81.84b / Total Assets 79.15b)
Interest Expense / Debt = 1.00% (Interest Expense 348.0m / Debt 34.64b)
Taxrate = 1.50% (8.00m / 532.0m)
NOPAT = 2.40b (EBIT 2.43b * (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 = 6.24 (Net Debt 33.58b / EBITDA 5.38b)
Debt / FCF = -34.27 (negative FCF - burning cash) (Net Debt 33.58b / FCF TTM -980.0m)
Total Stockholder Equity = 20.37b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.42% (Net Income 1.92b / Total Assets 79.15b)
RoE = 9.40% (Net Income TTM 1.92b / Total Stockholder Equity 20.37b)
RoCE = 5.10% (EBIT 2.43b / Capital Employed (Equity 20.37b + L.T.Debt 27.32b))
RoIC = 4.71% (NOPAT 2.40b / Invested Capital 50.93b)
WACC = 4.73% (E(48.25b)/V(82.89b) * Re(7.41%) + D(34.64b)/V(82.89b) * Rd(1.00%) * (1-Tc(0.02)))
Discount Rate = 7.41% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 1.45%
Fair Price DCF = unknown (Cash Flow -980.0m)
EPS Correlation: 35.89 | EPS CAGR: 23.76% | SUE: -1.09 | # QB: 0
Revenue Correlation: 28.61 | Revenue CAGR: 22.49% | SUE: 4.0 | # QB: 1

Additional Sources for XEL Stock

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