What is Xcel Energy's D&A?

Xcel Energy (XEL) reported D&A of $767M in Q1 2026.

How has Xcel Energy's D&A changed year-over-year?

Xcel Energy's D&A increased by 4.5% year-over-year, from $734M to $767M.

What is the long-term trend for Xcel Energy's D&A?

Over 4 years (2021 to 2025), Xcel Energy's D&A has grown at a 8.5% compound annual growth rate (CAGR), from $2.14B to $2.97B.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Xcel Energy XEL D&A

D&A at other companies

MDU Resources GroupMDU

$54.18M+5.7%

Nextra EnergyNEE

$1.37B+25.2%

WEC Energy GroupWEC

$379.8M+5.5%

BKH

Black HillsBKH

$74.8M+8.1%

Duke EnergyDUK

$1.97B+25.7%

OTT

Otter TailOTTR

$29.98M+2.1%

Other financials

Income statement

See full

Operating income$754.0M+11.4%

Net income$556.0M+15.1%

EPS (diluted)$0.89+6.0%

Balance sheet

See full

Cash & equivalents$1.8B+56.7%

Total debt$39.2B+21.2%

Total equity$23.8B+20.2%

Total assets$84.8B+16.6%

Cash flow

See full

Operating cash flow$1.7B+65.1%

CapEx$3.0B+52.0%

Free cash flow-$1.3B-38.0%

Valuation

See full

Market cap$51.03B+32.8%

Enterprise value$88.52B+27.0%

P/E24.4×+4.5×

P/S4.4×—

Profitability

See full

Gross margin66.6%—

Operating margin17.2%—

Net margin11.1%—

FCF margin-9.5%—

Returns & leverage

See full

Return on equity9.6%-0.7pp

Debt / equity1.6×0.0×

Current ratio0.8×0.0×

Where this comes from

Reported directly by Xcel Energy in its filing.

Tagged under the XBRL concept us-gaap:DepreciationAmortizationAndAccretionNet.

The official record: Xcel Energy’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about Xcel Energy's d&a.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Xcel Energy's D&A?: Xcel Energy (XEL) reported D&A of $767M in Q1 2026.
How has Xcel Energy's D&A changed year-over-year?: Xcel Energy's D&A increased by 4.5% year-over-year, from $734M to $767M.
What is the long-term trend for Xcel Energy's D&A?: Over 4 years (2021 to 2025), Xcel Energy's D&A has grown at a 8.5% compound annual growth rate (CAGR), from $2.14B to $2.97B.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.