Xcel Energy revenue and financials
$72.73Change from previous close: +1.73%Absolute change: +$1.24
In the fiscal year ended December 2025, Xcel Energy reported revenue of $14.67B (+9.14% year over year). Net income was $2.02B, a net margin of 13.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +9.14%
- 2025 vs 2024
- Net income growth
- +4.24%
- 2025 vs 2024
- Net margin
- 13.8%
- 2024: 14.4%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 4,083 | 4,641 | 5,327 | 3,932 | 2,189 | 2,848 | 3,263 | 3,122 | 3,126 | 3,052 |
| Depreciation and amortization | 2,968 | 2,769 | 2,471 | 2,436 | 2,143 | 1,959 | 1,785 | 1,659 | 1,495 | 1,319 |
| Capital expenditure | -10,908 | -7,364 | -5,854 | -4,638 | -4,244 | -5,369 | -4,225 | -3,957 | -3,244 | -3,195 |
| Investing cash flow | -10,969 | -7,428 | -5,926 | -4,653 | -4,287 | — | — | — | — | — |
| Financing cash flow | 6,981 | 2,837 | 617 | 666 | 2,135 | — | — | — | — | — |
| Dividends paid | -1,282 | -1,175 | -1,092 | -1,012 | -935 | -856 | -791 | -730 | -721 | -681 |
| Share repurchases | — | — | — | — | — | — | — | -1.0 | -3.0 | -32.0 |
| Debt issued | 6,618 | 3,647 | 2,630 | 2,164 | 3,131 | — | — | — | — | — |
| Debt repaid | -1,713 | -746 | -1,179 | -793 | -417 | — | — | — | — | — |
| Net change in cash | 95.0 | 50.0 | 18.0 | -55.0 | 37.0 | — | — | — | — | — |
| Free cash flow | -6,825 | -2,723 | -527 | -706 | -2,055 | — | — | — | — | — |
| Levered free cash flow | -7,018 | -3,601 | -1,067 | -1,386 | -1,794 | — | — | — | — | — |