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Xcel Energy Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Xcel Energy holds $84.8B in total assets. Shareholders' equity is $23.8B against $40.7B in total debt. Cash and equivalents total $1.8B. The current ratio is 0.770 and debt-to-equity is 1.71. Based on the Q3 2019 filing.

Total Assets$84.8BTotal Stockholders Equity$23.8BLong Term Debt$35.6BCash And Equivalents$1.8BTotal Current Assets$5.9BTotal Current Liabilities$7.6B
Latest FilingQ3 2019
Report Date2019-10-25
Market Cap$49.9B
P/E Ratio23.85
ROE9.59%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$1.8B$1.9B$2.1B$2.3B$2.3B$2.3B
Accrued interest$280.0M$330.0M$319.0M$410.0M$337.0M$419.0M
Derivative Instruments And Hedges Liabilities$37.0M$37.0M$27.0M$31.0M$31.0M$20.0M
Derivative Liability, Current$37.0M$37.0M$27.0M$31.0M$31.0M$20.0M
Other accrued liabilities$635.0M$617.0M$572.0M$1.3B$605.0M$576.0M
Current portion of long-term debt$695.0M$719.0M$820.0M$1.3B$1.6B$1.5B
Current Portion of Long-Term Debt and Finance Lease Obligations$1.1B$1.1B$251.0M$1.0M$501.0M$1.0B
Dividends payable$314.0M$328.0M$337.0M$337.0M$355.0M$370.0M
Finance Lease Liability, Current$2.0M$2.0M$2.0M$39.0M$39.0M$40.0M
Income taxes payable$535.0M$631.0M$360.0M$531.0M$579.0M$697.0M
Operating lease liabilities, current$227.0M$219.0M$211.0M$114.0M$110.0M$111.0M
Short-term borrowings$695.0M$719.0M$820.0M$1.3B$1.6B$1.5B
Total current liabilities$6.5B$6.7B$5.9B$7.1B$7.1B$7.6B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$1.2B$1.4B$1.2B$1.3B$1.3B$1.4B
Available-for-Sale Debt Securities - Single Maturity Date—$870.0M$874.0M$908.0M—$982.0M
Cash and cash equivalents$179.0M$1.1B$1.5B$1.1B$274.0M$1.8B
Accrued Unbilled Revenues$832.0M$769.0M$822.0M$766.0M$880.0M$746.0M
Derivative Instruments And Hedges$114.0M$113.0M$255.0M$216.0M$165.0M$138.0M
Inventories$666.0M$625.0M$668.0M$723.0M$761.0M$709.0M
Prepaid expenses and other current assets$652.0M$749.0M$652.0M$1.1B$1.1B$701.0M
Total current assets$4.3B$5.4B$5.7B$5.7B$5.0B$5.9B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$68.0M-$72.0M-$66.0M-$65.0M-$63.0M-$59.0M
Additional paid-in capital$9.6B$9.7B$10.7B$10.8B$12.9B$12.9B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$1.4B$1.4B$1.5B$1.5B$1.6B$1.6B
Retained earnings$8.6B$8.7B$8.8B$9.0B$9.2B$9.4B
Total liabilities and stockholders' equity$70.0B$72.7B$75.3B$79.2B$81.4B$84.8B
Total stockholders' equity$19.5B$19.8B$21.0B$21.2B$23.6B$23.8B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asset retirement obligations$3.7B$3.8B$3.8B$3.9B$3.9B$3.9B
Deferred Credits$16.7B——$18.8B$18.8B$18.8B
Finance lease liabilities$60.0M$59.0M$59.0M$1.3B$1.3B$1.3B
Finance Lease Liabilities (Total)$62.0M$61.0M$61.0M$1.3B$1.3B$1.3B
Long-term debt$28.4B$30.5B$31.4B$32.0B$31.8B$35.6B
Deferred revenue, net of current portion$146.0M$139.0M$132.0M$130.0M$129.0M$128.0M
Retirement and nonpension postretirement benefit obligations$477.0M$352.0M$360.0M$372.0M$365.0M$289.0M
Operating lease liabilities, non-current$867.0M$889.0M$945.0M$771.0M$788.0M$761.0M
Operating Lease Liabilities (Total)$1.1B$1.1B$1.2B$885.0M$898.0M$872.0M
Other non-current liabilities$89.0M$132.0M$128.0M$65.0M$61.0M$60.0M
Regulatory liabilities$852.0M$815.0M$893.0M$760.0M$714.0M$701.0M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Derivative Instruments And Hedges Noncurrent$72.0M$73.0M$60.0M$56.0M$54.0M$66.0M
Investments and sundry assets$3.9B$3.9B$4.1B$4.3B$4.4B$4.3B
Operating lease right-of-use assets$1.1B$1.1B$1.1B$877.0M$893.0M$868.0M
Other Assets, Excluding Property, Plant and Equipment$8.5B$8.6B$8.9B$10.3B$10.7B$11.1B
Other non-current assets$635.0M$730.0M$801.0M$871.0M$1.0B$1.4B
Strategic investments$156.0M$156.0M$161.0M$165.0M$164.0M$165.0M
Public Utilities, Property, Plant and Equipment, Net$57.2B$58.8B$60.8B$63.1B$65.6B$67.8B
Accumulated depreciation$19.9B$20.2B$20.5B$21.0B$20.7B$21.2B
Total property and equipment, gross$76.7B$78.6B$80.7B$83.6B$85.9B$88.6B
Property and equipment, net$57.2B$58.8B$60.8B$63.1B$65.6B$67.8B
Total assets$70.0B$72.7B$75.3B$79.2B$81.4B$84.8B
Construction work in progress$4.7B$6.0B$6.6B$8.0B$8.1B$9.4B
Regulatory assets$561.0M$627.0M$621.0M$536.0M$529.0M$482.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
ALJ Recommended disallowance of estimated replacement power costs—————$41.0M
Allowance for doubtful accounts$111.0M$107.0M$95.0M$95.0M$89.0M$83.0M
Amount of insurance coverage—$500.0M$500.0M$500.0M—$525.0M
Assets Held As Collateral For Guarantor Obligations$0.0$0.0$0.0$0.0$0.0$0.0
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10—$258.0M$258.0M$271.0M—$339.0M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five—$321.0M$327.0M$341.0M—$440.0M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10—$282.0M$275.0M$287.0M—$195.0M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One—$9.0M$14.0M$9.0M—$8.0M
Collateral Already Posted Adequate Assurance Clauses Aggregate Fair Value$0.0$0.0$0.0$0.0$0.0—
Common stock, par value (in dollars per share)$2.50$2.50$2.50$2.50$2.50$2.50
Common stock, shares authorized (in shares)1B1B1B1B1B1B
Common Stock, Shares, Outstanding574.4M576.5M591.2M591.4M623.6M624.2M
Cost of identified MGP, landfill, or disposal sites under current investigation and/or remediation—$20.0M$20.0M$15.0M—$15.0M
Customer Refunds, Maximum Amount Approved—————$37.0M
Deferred Credits and Other Liabilities, Other than Long-Term Debt, Noncurrent$16.7B———$18.8B—
Deferred income taxes$5.3B$5.4B$5.7B$5.9B$6.0B$5.9B
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash, Offset Against Derivative Asset$0.0$0.0$0.0$0.0$0.0$0.0
Derivative, Gross Liability Position, Aggregate Fair Value$11.0M$11.0M$9.0M$7.0M$7.0M$4.0M
Derivative, Gross Liability with Cross Default Position, Aggregate Fair Value$69.0M$61.0M$56.0M$62.0M$62.0M$42.0M
Long-term derivative liabilities$77.0M$72.0M$67.0M$69.0M$67.0M$56.0M
Derivative Liability, Noncurrent$77.0M$72.0M$67.0M$69.0M$67.0M$56.0M
Derivative Liability, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Offset$2.0M$4.0M$5.0M$3.0M$4.0M—
Equity method investments (Note 11)$246.0M$241.0M$232.0M$239.0M$285.0M$272.0M
Fair Value Hedges At Fair Value Net—$0.0$0.0$0.0—$0.0
Current maturities of long-term debt—$2.0M$2.0M$39.0M—$40.0M
Finance Lease Liability Payments Due—$206.0M$204.0M$2.2B—$2.2B
Finance Lease Liability Undiscounted Excess Amount—$145.0M$143.0M$900.0M—$885.0M
Finance Lease, Right-of-Use Asset, after Accumulated Amortization$111.0M——$1.4B$1.3B$1.4B
Value of financial guarantee (up to)$93.0M$104.0M$111.0M$111.0M$120.0M—
Insurance coverage remaining——$400.0M——$90.0M
Insurance recovery benefits———$353.0M$353.0M$25.0M
Lessee Operating Lease Liability Payments Due—$1.4B$1.5B$1.2B—$1.2B
Lessee Operating Lease Liability Undiscounted Excess Amount—$274.0M$324.0M$298.0M—$351.0M
Long-Term Debt and Lease Obligation$27.3B$29.4B$31.1B$32.0B$31.8B$34.6B
Marshall Settlements Reached—————$640.0M
Number of claims related to the Smokehouse Creek Complex—225.00253.00254.00—304.00
Number of claims resolved related to the Smokehouse Creek Complex——7.0012.00—26.00
Number of claims settled related to the Smokehouse Creek Complex—151.00187.00212.00—231.00
Number of complaints related to the Smokehouse Creek Complex [Abstract]—25.0027.0034.00—73.00
Number of unsubmitted claims settled related to the Smokehouse Creek Fire Complex———71.00—79.00
Public Utilities, Property, Plant And Equipment, Accumulated Amortization$3.1B$3.1B$3.1B$3.2B$3.2B$3.2B
Common and other property$3.5B$3.6B$3.6B$3.7B$3.8B$3.8B
Public Utilities, Property, Plant and Equipment, Fuel$3.5B$3.6B$3.6B$3.6B$3.7B$3.7B
Plant to be retired$1.8B$1.7B$1.7B$1.6B$1.6B$1.5B
Settlement Liabilities, Current———$640.0M$5.0M$7.0M
Smokehouse Creek Insurance Receivable$210.0M$285.0M$221.0M$341.0M$195.0M$185.0M
Smokehouse probable loss$215.0M$290.0M$290.0M$410.0M—$460.0M
Smokehouse remaining liability$180.0M$211.0M$167.0M$191.0M$56.0M$75.0M
Smokehouse remaining probable loss—————$63.0M
Smokehouse settlements paid$35.0M$79.0M$123.0M—$374.0M$385.0M
Smokehouse settlements reached—$113.0M$176.0M$361.0M—$397.0M
Total estimated losses and incurred costs—————$500.0M
Unsubmitted Claims related to the Smokehouse Creek Fire Complex———83.00—107.00