Xcel Energy (XEL): financials, SEC filings and peers
Xcel Energy (XEL) is a multi-utilities company in the Utilities sector of the S&P 500, headquartered in Minneapolis, Minnesota.
It was founded in 1909 and joined the S&P 500 on March 4, 1957.
Its fiscal year ends in December, and its shares trade on the Nasdaq.
In its SEC filings it is classified as “Electric & Other Services Combined”.
Xcel Energy at a glance
- Revenue (12 months)
- —
- Revenue growth
- —
- Operating margin
- —
- Net income (12 months)
- $2.7B
- Free cash flow (12 months)
- −$7.6B
- Cash
- $2.5B
- Debt
- $40.6B
- Diluted EPS (12 months)
- $4.29
Twelve months to September 30, 2026, from the 10-Q filed October 29, 2026.
Latest twelve months
Net income was $2.7 billion (— of revenue), 39.4% higher than a year earlier.
Operating cash flow was $5.1 billion and capital spending $12.7 billion, leaving free cash flow of −$7.6 billion.
At the end of the period it held $2.5 billion in cash and $40.6 billion in debt, a net debt position of $38.1 billion.
The diluted share count rose 6.2% in a year, which dilutes existing shareholders.
Recent SEC filings
- 8-K filed November 5, 2026 — New debt obligation; Unregistered share sale
- 8-K filed November 3, 2026 — Other event
- 8-K filed November 2, 2026 — Other event
- 8-K filed October 30, 2026 — Other event
- 10-Q filed October 29, 2026 — quarterly report
- 8-K filed October 29, 2026 — Earnings results
- 8-K filed October 9, 2026 — Other event
- 8-K filed August 20, 2026 — Other event
Companies like Xcel Energy
Other S&P 500 companies in Multi-Utilities:
- AEEAmerenSt. Louis, Missouri
- CMSCMS EnergyJackson, Michigan
- CNPCenterPoint EnergyHouston, Texas
- DDominion EnergyRichmond, Virginia
- DTEDTE EnergyDetroit, Michigan
- EDConsolidated EdisonNew York City, New York
- NEENextEra EnergyJuno Beach, Florida
- NINiSourceMerrillville, Indiana
More from Utilities
Questions about Xcel Energy
Is Xcel Energy profitable?
Yes. It earned $2.7 billion in net income over the twelve months to September 30, 2026, a net margin of —.
Does Xcel Energy have more cash or more debt?
At September 30, 2026 it had $2.5 billion in cash and $40.6 billion in debt, so more debt than cash.
When did Xcel Energy last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on October 29, 2026.
Which companies are similar to Xcel Energy?
In the S&P 500, Xcel Energy is grouped in Multi-Utilities within the Utilities sector. Ameren (AEE), CMS Energy (CMS), CenterPoint Energy (CNP), Dominion Energy (D), DTE Energy (DTE) are in the same group.
Understand the numbers
Source: Xcel Energy’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.