Discontinued — last reported Q4 '23
Non-Current Assets
Regulatory assets
Xcel Energy Regulatory assets decreased by 8.9% to $482.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 23.1%, from $627.00M to $482.00M. Over 5 years (FY 2020 to FY 2025), Regulatory assets shows a downward trend with a -3.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2023
How to read this metric
Growth in these assets indicates ongoing capital investment or deferred costs that will support future revenue streams.
Detailed definition
These are costs incurred by the utility that regulators have authorized for future recovery through customer rates. This...
Peer comparison
Specific to regulated utilities; peers in the sector will have similar structures based on state-specific regulatory compacts.
Metric ID:
utility_regulatory_assetsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.04B | $1.07B | $1.11B | $1.05B | $1.09B | $1.28B | $1.06B | $983.00M | $828.00M | $695.00M | $611.00M | $647.00M | $630.00M | $562.00M | $561.00M | $627.00M | $621.00M | $536.00M | $529.00M | $482.00M |
| QoQ Change | — | +3.1% | +3.1% | -5.2% | +3.4% | +17.5% | -16.9% | -7.2% | -15.8% | -16.1% | -12.1% | +5.9% | -2.6% | -10.8% | -0.2% | +11.8% | -1.0% | -13.7% | -1.3% | -8.9% |
| YoY Change | — | — | — | — | +4.2% | +18.8% | -4.2% | -6.3% | -23.7% | -45.5% | -42.3% | -34.2% | -23.9% | -19.1% | -8.2% | -3.1% | -1.4% | -4.6% | -5.7% | -23.1% |
Range$482.00M – $1.28B
CAGR-15.0%
Avg YoY Growth-13.9%
Median YoY Growth-7.2%
Current Streak4 quarters decline
Regulatory assets at Other Companies
Frequently Asked Questions
- What is Xcel Energy's regulatory assets?
- Xcel Energy (XEL) reported regulatory assets of $482.00M in Q1 2026.
- How has Xcel Energy's regulatory assets changed year-over-year?
- Xcel Energy's regulatory assets decreased by 23.1% year-over-year, from $627.00M to $482.00M.
- What is the long-term trend for Xcel Energy's regulatory assets?
- Over 5 years (2020 to 2025), Xcel Energy's regulatory assets has grown at a -3.7% compound annual growth rate (CAGR), from $640.00M to $529.00M.
- What does regulatory assets mean?
- Costs the company has spent that regulators have agreed can be recovered from customers in future billing periods.