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Xcel Energy Cash Flow Statement

Operating, investing, and financing cash movements

Xcel Energy generated $4.8B in operating cash flow over the trailing twelve months. After $11.9B in capital expenditures, free cash flow was -$7.2B. Free cash flow decreased 1.2% year-over-year. Based on the Q3 2019 filing.

Net Cash From Operating (TTM)$4.8BNet Cash From Investing (TTM)-$12.0BNet Cash From Financing (TTM)$7.9BCapital Expenditures (TTM)$11.9BDepreciation And Amortization Cf (TTM)$3.0BNet Change In Cash (TTM)$477.0M
Latest FilingQ3 2019
Report Date2019-10-25
Market Cap$48.9B
P/E Ratio23.37
ROE9.59%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$2.2B$2B$2.4B$3.1B$3.4B$3B
Allowance for Funds Used During Construction, Investing Activities$49M$48M$69M$79M$85M$92M
Payment for (Proceeds from) Other Investing Activity$4M$2M$12M$5M$39M-$3M
Net cash from investing activities-$2.2B-$2B-$2.4B-$3.1B-$3.5B-$3B
Proceeds from maturities/sales of investments$295M$240M$330M$281M$346M$763M
Purchases of investments$305M$241M$330M$283M$346M$763M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in accounts payable$79M-$105M-$49M——-$191M
Change in inventories$69M$4M$93M$105M$98M-$2M
Other working capital changes-$154M-$28M-$26M-$5M-$101M-$24M
Deferred income taxes—$13M$269M$113M$19M-$5M
Depreciation and amortization$714M$734M$727M$755M$752M$767M
Net cash from operating activities$664M$1B$1.1B$1.8B$209M$1.7B
Net income$464M$483M$444M$524M$567M$556M
Distributions of earnings from equity method investees$8M$8M$8M$0$16M$7M
Equity in earnings (losses) of equity method investees$0-$1M-$8M$6M$20M$13M
Increase (Decrease) in Accounts and Other Receivables—$58M-$143M$117M$97M$30M
Increase (Decrease) in Accrued Unbilled Revenues-$5.3M$12M$12M$12M$12M—
Accrued compensation and employee benefits—-$124M———-$77M
Increase (Decrease) in Other Current Assets$152M$18M-$107M-$53M$264M-$415M
Current liabilities-$79M$29M-$319M$492M-$376M$110M
Increase Decrease In Regulatory Assets And Liabilities-$154M-$25M$75M$63M$76M-$87M
Increase (Decrease) in Accrued Unbilled Revenues—-$63M—-$56M—-$134M
Nuclear Fuel Amortization$21M$29M$26M$32M$27M$27M
Provision for bad debts—$19M$12M$16M—$13M
Accounts Receivable, Credit Loss Expense (Reversal)$11.8M$15.3M$15.3M$15.3M$15.3M—
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity$49M$48M$69M$79M$85M$92M
Stock-based compensation$6M$9M$12M$17M$8M$11M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from issuance of debt$4M$2.1B$1.8B$990M$880M$3.3B
Dividends paid$304M$306M$319M$329M$328M$347M
Other, net-$1M-$10M——$10M-$35M
Proceeds from (Repayments of) Short-Term Debt—$24M$101M$510M$220M-$70M
Net cash from financing activities$201M$1.9B$1.7B$895M$2.5B$2.8B
Proceeds from issuance of common stock$8M$122M$1B$8M$2.2B$1M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow-$1.6B-$960M-$1.3B-$1.3B-$3.2B-$1.3B

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest paid$338M$252M$331M$249M$430M$283M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash—$944M$331M——$1.5B
Inventory transfers to property, plant and equipment$41M$61M$156M$71M$60M$59M
Leased assets obtained in exchange for operating lease liabilities$95M$55M$104M$1.1B$35M$48M
Issuance of common stock for the acquisition of Ansys$15M$18M$21M$24M$17M$18M