Xcel Energy Inc. (XEL) — Financial statements
Income statement, balance sheet, and cash flow for Xcel Energy Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 14,669↑9.1% | 13,441↓5.4% | 14,206↓7.2% | 15,310↑14.0% | 13,431 | |
| Cost of Revenue | 11,104↑52.3% | 7,293↓11.4% | 8,227↓12.9% | 9,450↑15.6% | 8,173 | |
| Gross Profit | 3,565↓42.0% | 6,148↑2.8% | 5,979↑2.0% | 5,860↑11.4% | 5,258 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Expenses | 686↓81.8% | 3,762↑7.5% | 3,498↑1.9% | 3,432↑12.3% | 3,055 | |
| Operating Expenses | 686↓81.8% | 3,762↑7.5% | 3,498↑1.9% | 3,432↑12.3% | 3,055 | |
| Total Costs & Expenses | 11,790↑6.6% | 11,055↓5.7% | 11,725↓9.0% | 12,882↑14.7% | 11,228 | |
| Operating Results | ||||||
| Operating Income | 2,879↑20.7% | 2,386↓3.8% | 2,481↑2.2% | 2,428↑10.2% | 2,203 | |
| Depreciation & Amortization | 2,953↑2.7% | 2,875↑12.0% | 2,567↑0.5% | 2,554↑13.2% | 2,257 | |
| EBITDA | 6,069↑8.5% | 5,591↑7.6% | 5,196↑2.3% | 5,080↑10.4% | 4,600 | |
| EBIT | 3,116↑14.7% | 2,716↑3.3% | 2,629↑4.1% | 2,526↑7.8% | 2,343 | |
| Interest & Other Income | ||||||
| Net Interest Income | -1,343↓13.6% | -1,182↓17.7% | -1,004↓8.5% | -925↓13.4% | -816 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 1,343↑13.6% | 1,182↑17.7% | 1,004↑8.5% | 925↑13.4% | 816 | |
| Non-Operating Income | -237↑28.2% | -330↓123.0% | -148↓51.0% | -98↑30.0% | -140 | |
| Other Income / Expenses | -1,106↓29.8% | -852↑0.5% | -856↓3.5% | -827↓22.3% | -676 | |
| Income Before Tax | 1,773↑15.6% | 1,534↓5.6% | 1,625↑1.5% | 1,601↑4.8% | 1,527 | |
| Income Tax Expense | -245↑39.1% | -402↓175.3% | -146↓8.1% | -135↓92.9% | -70 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,018↑4.2% | 1,936↑9.3% | 1,771↑2.0% | 1,736↑8.7% | 1,597 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,018↑4.2% | 1,936↑9.3% | 1,771↑2.0% | 1,736↑8.7% | 1,597 | |
| Bottom-Line Net Income | 2,018↑4.2% | 1,936↑9.3% | 1,771↑2.0% | 1,736↑8.7% | 1,597 | |
| EPS (Basic) | 3.44↑0.0% | 3.44↑7.2% | 3.21↑1.3% | 3.17↑7.1% | 2.96 | |
| EPS (Diluted) | 3.42↓0.6% | 3.44↑7.2% | 3.21↑1.3% | 3.17↑7.1% | 2.96 | |
| Weighted Average Shares | 587↑4.3% | 563↑2.0% | 552↑0.9% | 547↑1.5% | 539 | |
| Weighted Average Diluted Shares | 589↑4.6% | 563↑2.0% | 552↑0.9% | 547↑1.3% | 540 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.