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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 $39.2B in total debt. Cash and equivalents total $1.8B. The current ratio is 0.770 and debt-to-equity is 1.65. 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$48.9B
P/E Ratio23.37
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$280M$330M$319M$410M$337M$419M
Accrued Progress Collections and Price Adjustments$146M$139M$132M$130M$129M$128M
Derivative Instruments And Hedges Liabilities$37M$37M$27M$31M$31M$20M
Derivative Liability, Current$37M$37M$27M$31M$31M$20M
Other accrued liabilities$635M$617M$572M$1.3B$605M$576M
Current portion of long-term debt$695M$719M$820M$1.3B$1.6B$1.5B
Current Portion of Long-Term Debt and Finance Lease Obligations$1.1B$1.1B$251M$1M$501M$1B
Derivative Liabilities - Fair Value$37M$37M$27M$31M$31M$20M
Dividends payable$314M$328M$337M$337M$355M$370M
Finance Lease Liability, Current$2M$2M$2M$39M$39M$40M
Income taxes payable$535M$631M$360M$531M$579M$697M
Operating lease liabilities, current$227M$219M$211M$114M$110M$111M
Short-term borrowings$695M$719M$820M$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$1.4B$1.4B$1.2B$1.3B$1.4B$1.4B
Available-for-Sale Debt Securities - Single Maturity Date—$870M$874M$908M—$982M
Allowance for Doubtful Accounts$111M$107M$95M$95M$89M$83M
Cash and cash equivalents$179M$1.1B$1.5B$1.1B$274M$1.8B
Accrued Unbilled Revenues$832M$769M$822M$766M$880M$746M
Derivative Instruments And Hedges$114M$113M$255M$216M$165M$138M
Inventories$666M$625M$668M$723M$761M$709M
Prepaid expenses and other current assets$724M$749M$652M$1.1B$1.1B$701M
Total current assets$4.3B$5.4B$5.7B$5.7B$5B$5.9B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$68M-$72M-$66M-$65M-$63M-$59M
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$9B$9.2B$9.4B
Total liabilities and stockholders' equity$70B$72.7B$75.3B$79.2B$81.4B$84.8B
Total stockholders' equity$19.5B$19.8B$21B$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
Contract Liabilities, Non-Current$146M$139M$132M$130M$129M$128M
Deferred Credits$16.7B——$18.8B$18.8B$18.8B
Defined Benefit Pension Plan Liabilities (Non-Current)$477M$352M$360M$372M$365M$289M
Finance lease liabilities$60M$59M$59M$1.3B$1.3B$1.3B
Finance Lease Liabilities (Total)$62M$61M$61M$1.3B$1.3B$1.3B
Long-term debt$27.3B$30.5B$31.4B$32B$32.3B$35.6B
Long-Term Debt and Finance Lease Obligations$27.3B$29.4B$31.1B$32B$31.8B$34.6B
Deferred revenue, net of current portion$146M$139M$132M$130M$129M$128M
Retirement and nonpension postretirement benefit obligations$477M$352M$360M$372M$365M$289M
Operating lease liabilities, non-current$867M$889M$945M$771M$788M$761M
Operating Lease Liabilities (Total)$1.1B$1.1B$1.2B$885M$898M$872M
Other non-current liabilities$69M$132M$128M$65M$61M$60M
Regulatory liabilities$852M$815M$893M$760M$714M$701M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets and Other Non-Current Assets$524M$730M$801M$871M$1B$1.4B
Net Investment in Lease$1.1B$1.1B$1.1B$877M$893M$868M
Derivative Instruments And Hedges Noncurrent$72M$73M$60M$56M$54M$66M
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$877M$893M$868M
Other Assets, Excluding Property, Plant and Equipment$8.5B$8.6B$8.9B$10.3B$10.7B$11.1B
Other non-current assets$524M$730M$801M$871M$1B$1.4B
Strategic investments$156M$156M$161M$165M$164M$165M
Public Utilities, Property, Plant and Equipment, Net$57.2B$58.8B$60.8B$63.1B$65.6B$67.8B
Operating Lease Right-of-Use Assets in Other Assets$1.1B$1.1B$1.1B$877M$893M$868M
Other Investments$156M$156M$161M$165M$164M$165M
Accumulated depreciation$19.9B$20.2B$20.5B$21B$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
Software and Technology Licenses, Net$524M$730M$801M$871M$1B$1.4B
Total assets$70B$72.7B$75.3B$79.2B$81.4B$84.8B
Construction work in progress$4.7B$6B$6.6B$8B$8.1B$9.4B
Regulatory assets$561M$627M$621M$536M$529M$482M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Guarantor Obligations - Maximum Exposure$93M$104M$111M$111M$120M—
ALJ Recommended disallowance of estimated replacement power costs—————$41M
Allowance for doubtful accounts$111M$107M$95M$95M$89M$83M
Amount of insurance coverage—$500M$500M$500M—$525M
Assets Held As Collateral For Guarantor Obligations$0$0$0$0$0$0
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10—$258M$258M$271M—$339M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five—$321M$327M$341M—$440M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10—$282M$275M$287M—$195M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One—$9M$14M$9M—$8M
Collateral Already Posted Adequate Assurance Clauses Aggregate Fair Value$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—$20M$20M$15M—$15M
Customer Refunds, Maximum Amount Approved—————$37M
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$6B$5.9B
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash, Offset Against Derivative Asset$0$0$0$0$0$0
Derivative, Gross Liability Position, Aggregate Fair Value$11M$11M$9M$7M$7M$4M
Derivative, Gross Liability with Cross Default Position, Aggregate Fair Value$69M$61M$56M$62M$62M$42M
Long-term derivative liabilities$77M$72M$67M$69M$67M$56M
Derivative Liability, Noncurrent$77M$72M$67M$69M$67M$56M
Derivative Liability, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Offset$2M$4M$5M$3M$4M—
Equity method investments (Note 11)$246M$241M$232M$239M$285M$272M
Fair Value Hedges At Fair Value Net—$0$0$0—$0
Current maturities of long-term debt$2M$2M$2M$39M$39M$40M
Finance Lease Liability Payments Due—$206M$204M$2.2B—$2.2B
Finance Lease Liability Undiscounted Excess Amount—$145M$143M$900M—$885M
Finance Lease, Right-of-Use Asset, after Accumulated Amortization$111M——$1.4B$1.3B$1.4B
Value of financial guarantee (up to)$93M$104M$111M$111M$120M—
Insurance coverage remaining——$400M——$90M
Insurance recovery benefits———$353M$353M$25M
Lessee Operating Lease Liability Payments Due—$1.4B$1.5B$1.2B—$1.2B
Lessee Operating Lease Liability Undiscounted Excess Amount—$274M$324M$298M—$351M
Long-Term Debt and Lease Obligation$27.3B$29.4B$31.1B$32B$31.8B$34.6B
Less: current maturities$1.1B$1.1B$251M$1M$501M$1B
Marshall Settlements Reached—————$640M
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———$640M$5M$7M
Smokehouse Creek Insurance Receivable$210M$285M$221M$341M$195M$185M
Smokehouse probable loss$215M$290M$290M$410M—$460M
Smokehouse remaining liability$180M$211M$167M$191M$56M$75M
Smokehouse remaining probable loss—————$63M
Smokehouse settlements paid$35M$79M$123M—$374M$385M
Smokehouse settlements reached—$113M$176M$361M—$397M
Total estimated losses and incurred costs—————$500M
Unsubmitted Claims related to the Smokehouse Creek Fire Complex———83.00—107.00