XEL

Xcel EnergyNASDAQ · Multi-Utilities · Utilities

Previous close

72.71

Change

+0.22 / +0.30%

FinDog View

Neutral

52-Week Range

71.35 – 84.23

P/E (TTM)

21.1

Forward P/E

18.0

Based on consensus earnings for the next 12 months

Market Cap

$48.8B

−8.21%

S&P 500 −2.41% over same period

Volume / Avg Volume

7.7M / 6.0M

1.28× average

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 31.71M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q2 Quarter ended 2026-06	2026-07-30	$3.1B	0.93 / 0.79	−0.04%	Read analysis →
FY2026 Q1 Quarter ended 2026-03	2026-04-30	$4.0B	0.91 / 0.91	−0.45%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-02-05	—	— / —	−0.29%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-30	—	— / —	−0.51%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-31	—	— / —	+0.04%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-04-24	—	— / —	−1.84%	Pending

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 2 of its 5-year rangeCheap

5-year range 21.7 – 32.3 · Median 27.4

Last 4 quarters: $0 in buybacks + $773M in dividends, 1.58% of market cap combined

P/E (TTM)

21.1

P/B

2.0

P/S

3.2

Dividend Yield

2.88%

Earnings Reaction

Over the last 6 reports, the stock moved ±0.5% on average on the first trading day after, rising 1 times

Most recent −0.04%

Volatility & Correlation

1-year beta 0.08 · Correlation with S&P 500 0.05Low beta

Annualized volatility 21% vs. 14% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

No open-market buys or sells by officers or directors in the last 90 days.

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2019 Q3	3.01	−1.1%	—	0.76	0.53	1.22	1.01
FY2019 Q2	2.58	−3.0%	—	0.41	0.24	0.54	0.46
FY2019 Q1	3.14	+6.4%	—	0.49	0.32	0.79	0.61
FY2018 Q4	2.88	+3.0%	—	0.34	0.21	0.63	0.42
FY2018 Q3	3.05	+1.0%	—	0.70	0.49	1.06	0.96
FY2018 Q2	2.66	+0.5%	—	0.45	0.27	0.55	0.52
FY2018 Q1	2.95	+0.2%	—	0.48	0.29	0.89	0.57
FY2017 Q4	2.80	+0.0%	—	0.44	0.19	0.76	0.37
FY2017 Q3	3.02	−0.8%	—	0.82	0.49	1.08	0.97
FY2017 Q2	2.65	+5.8%	—	0.47	0.23	0.57	0.45
FY2017 Q1	2.95	+6.3%	—	0.49	0.24	0.72	0.47
FY2016 Q4	2.80	+5.6%	—	0.47	0.23	0.63	0.45

Peers

Largest by market cap in the sector · Latest quarterView Utilities sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
XEL	Xcel Energy	$48.8B	21.1	−1.1%	—	−8.21%	Neutral
NEE	NextEra Energy	$168B	18.0	+1.7%	—	−6.78%	Neutral	Compare
SO	Southern Company	$99.2B	21.3	+8.0%	—	−6.57%	Neutral	Compare
CEG	Constellation Energy	$92.0B	26.6	+13.2%	—	−6.71%	Neutral	Compare
DUK	Duke Energy	$91.8B	17.5	+9.5%	—	−4.71%	Bullish	Compare
AEP	American Electric Power	$65.7B	20.9	+5.2%	—	−4.62%	Neutral	Compare
D	Dominion Energy	$55.9B	22.2	+24.6%	—	−7.65%	Neutral	Compare
SRE	Sempra	$53.4B	23.6	−6.9%	—	−4.93%	Neutral	Compare
VST	Vistra Corp.	$49.7B	22.4	+17.3%	—	−3.91%	Neutral	Compare

The View in One Line

News mentions valuation is full, no financial data, stock price falling, direction unclear.

Updated 2026-09-16

Notable Institutional Holders

Citadel Advisors · Ken Griffin$57.1MAdded +1%
Soros Fund Management$42.8MAdded +5%
Renaissance Technologies$16.3MReduced −63%
Bridgewater Associates · Ray Dalio$11.6M

As of 2026-06-30

Key Events

08-20Legal & Regulatory
Colorado Electric Rate Increase Approved
On August 19, 2026, the Colorado Public Utilities Commission verbally approved PSCo's electric rate settlement, adding $157 million in revenue with a 9.3% ROE; new rates are expected to take effect August 29.Source ↗
07-29Management Change
Xcel Energy Elects Peter Carter to Board
On July 29, 2026, Xcel Energy's board elected 63-year-old Peter Carter as a director, with a term through the 2027 annual meeting, and he will join the Audit and Governance, Compensation and Nominating Committees.Source ↗
07-14Legal & Regulatory
Colorado Subsidiary Reaches $12.3 Billion Natural Gas Rate Settlement
Xcel subsidiary PSCo reached a settlement with multiple parties in its natural gas rate case, adding $123 million in revenue, with a 9.2% ROE, expected to take effect in Q4 2026.Source ↗
06-23Legal & Regulatory
Xcel Subsidiary Reaches Settlement in New Mexico Rate Case
SPS and multiple parties filed a settlement in the New Mexico rate case, raising base rate revenue by $90 million with an ROE of 9.5%, expected approval in Q4 2026.Source ↗
06-22Legal & Regulatory
Minnesota Power Rate Case Gets Oral Ruling, Two-Year Increase of About $211 Million
Xcel subsidiary NSP-Minnesota received an oral ruling from the MPUC on June 18, 2026, for a two-year rate increase of about $211 million, raising ROE to 9.60%; the final written order is expected by July 31.Source ↗
06-09Legal & Regulatory
Colorado Gas Rate Case Enters Hearing Phase
PSCo requested a $190 million gas rate increase; the CPUC and UCA recommend a lower amount, with final rates expected to take effect in Q4 2026.Source ↗
06-03Legal & Regulatory
Colorado Subsidiary Reaches Electric Rate Settlement
PSCo reached a settlement with CPUC staff proposing a $225 million rate increase (6.3%), ROE of 9.3%, expected approval in Q3 2026.Source ↗
05-22Governance
Xcel Energy Annual Meeting Passes Director Elections and Other Proposals
On May 20, 2026, Xcel Energy shareholders elected all ten directors, approved an advisory say-on-pay vote, and ratified Deloitte as auditor for 2026.Source ↗

Key Financial Trends

Quarterly Revenue ($B)3.0

Free Cash Flow ($B)1.2