Overview Dividends

(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 Growth (3Y CAGR): 9.25%
EPS Trend (3Y Correlation): 21.7%

XEL Revenue

Revenue Growth (3Y CAGR): 22.49%
Revenue Trend (3Y Correlation): 28.6%

Risk via 10d forecast
Volatility	19.2%
Value at Risk 5%th	30.8%
Relative Tail Risk	-2.81%

Reward TTM
Sharpe Ratio	0.86
Alpha	14.90

Character TTM
Hurst Exponent	0.545
Beta	0.231
Beta Downside	0.413

Drawdowns 3y
Max DD	31.17%
Mean DD	9.78%
Median DD	7.78%

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	47,666m
Sub-Industry	Electric Utilities
IPO / Inception	1985-09-24
Return 12m vs S&P 500	2.94%
Analyst Rating	4.18 of 5

XEL Dividends

Dividend Yield	2.80%
Yield on Cost 5y	3.54%
Yield CAGR 5y	-1.12%
Payout Consistency	97.9%
Payout Ratio	68.8%

XEL Growth Ratios

CAGR 3y	9.39%
CAGR/Max DD Calmar Ratio	0.30
CAGR/Mean DD Pain Ratio	0.96
Current Volume	4233.7k
Average Volume	4506.1k

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (1.92b TTM) > 0 and > 6% of Revenue (6% = 1.04b TTM)

FCFTA -0.03 (>2.0%) and ΔFCFTA -0.26pp (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 (5.73b) ratio: 5.86 <= 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 2.16 (EBITDA TTM 5.73b / Interest Expense TTM 1.28b) >= 6 (WARN >= 3)

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 (Balance) 8.99b / Total Assets 79.15b

(D) 0.18 = Book Value of Equity 10.41b / Total Liabilities 57.97b

Total Rating: 0.69 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 46.63

1. Piotroski 4.0pt = -1.0

2. FCF Yield -2.79% = -1.40

3. FCF Margin -13.05% = -4.89

4. Debt/Equity 1.64 = 1.29

5. Debt/Ebitda 5.86 = -2.50

6. ROIC - WACC (= 0.89)% = 1.11

7. RoE 9.40% = 0.78

8. Rev. Trend 28.61% = 2.15

9. EPS Trend 21.69% = 1.08

What is the price of XEL shares?

As of November 17, 2025, the stock is trading at USD 80.58 with a total of 4,233,708 shares traded.
Over the past week, the price has changed by +0.22%, over one month by -0.64%, over three months by +12.47% and over the past year by +19.04%.

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 46.63 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 81.44 USD . This means that XEL is currently overvalued and has a potential downside of 1.07%.

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	88.4	9.6%
Analysts Target Price	88.4	9.6%
ValueRay Target Price	87.5	8.6%

XEL Fundamental Data Overview November 17, 2025

Market Cap USD = 47.67b (47.67b USD * 1.0 USD.USD)
P/E Trailing = 24.5671
P/E Forward = 19.685
P/S = 3.3502
P/B = 2.2504
P/EG = 2.9815
Beta = 0.454
Revenue TTM = 17.39b USD
EBIT TTM = 2.78b USD
EBITDA TTM = 5.73b 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 = 81.25b USD (47.67b + Debt 34.64b - CCE 1.05b)
Interest Coverage Ratio = 2.16 (Ebit TTM 2.78b / Interest Expense TTM 1.28b)
FCF Yield = -2.79% (FCF TTM -2.27b / Enterprise Value 81.25b)
FCF Margin = -13.05% (FCF TTM -2.27b / 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 81.25b / 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 = 5.86 (Net Debt 33.58b / EBITDA 5.73b)
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 = 2.42% (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 = 4.40% (E(47.67b)/V(82.30b) * Re(6.87%) + D(34.64b)/V(82.30b) * Rd(1.00%) * (1-Tc(0.02)))
Discount Rate = 6.87% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 2.50%
Fair Price DCF = unknown (Cash Flow -2.27b)
EPS Correlation: 21.69 | EPS CAGR: 9.25% | SUE: -4.0 | # 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