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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 14,669 | 13,441 | 14,206 | 15,310 | 13,431 | — | — | 11,537 | 11,404 | 11,107 |
| Cost of revenue | 7,745 | 7,293 | 8,227 | 9,450 | — | — | — | 3,854 | 3,757 | 3,718 |
| Gross profit | 6,924 | 6,148 | 5,979 | 5,860 | — | — | — | — | — | — |
| Operating income | 2,583 | 2,386 | 2,481 | 2,428 | 2,203 | 2,116 | 2,104 | 1,965 | 2,223 | 2,240 |
| EBIT | 2,898 | 2,407 | 2,613 | 2,459 | 2,205 | — | — | — | — | — |
| EBITDA | 5,980 | 5,282 | 5,180 | 5,013 | 4,462 | — | — | — | — | — |
| Interest expense | 1,468 | 1,255 | 1,055 | 953 | 842 | 840 | 773 | 700 | 663 | 647 |
| Pre-tax income | 1,773 | 1,534 | 1,625 | 1,601 | 1,527 | — | — | — | — | — |
| Income tax | -245 | -402 | -146 | -135 | -70.0 | -6.0 | 128 | 181 | 542 | 581 |
| Net income | 2,018 | 1,936 | 1,771 | 1,736 | 1,597 | 1,473 | 1,372 | 1,261 | 1,148 | 1,123 |
| Net income to common shareholders | 2,018 | 1,936 | 1,771 | 1,736 | 1,597 | — | — | — | — | — |
| Basic EPS | 3.44 | 3.44 | 3.21 | 3.18 | 2.96 | 2.79 | 2.64 | 2.47 | 2.26 | 2.21 |
| Diluted EPS | 3.42 | 3.44 | 3.21 | 3.17 | 2.96 | 2.79 | 2.64 | 2.47 | 2.25 | 2.21 |
| Average shares (basic) | 587 | 563 | 552 | 547 | 539 | — | — | — | — | — |
| Average shares (diluted) | 589 | 563 | 552 | 547 | 540 | 528 | 520 | 511 | 509 | 509 |
| Dividend per share | 2.28 | 2.19 | 2.08 | 1.95 | 1.83 | — | — | — | — | — |