Skip to content
OpenCapital
Get started

Xcel Energy XEL Free cash flow

Free cash flow at other companies

MDU Resources Group logo
MDU Resources GroupMDU
$56.8M-54.4%
Nextra Energy logo
Nextra EnergyNEE
-$432M-201%
WEC Energy Group logo
WEC Energy GroupWEC
$400.5M-13.2%
BKH
Black HillsBKH
-$91.2M-222%
MGE Energy logo
MGE EnergyMGEE
-$20.45M-168%
Duke Energy logo
Duke EnergyDUK
-$417M-870%

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%

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

Calculated from Xcel Energy’s reported figures.

$1.7Bnet cash from operating−$3.0Bcapital expenditures=-$1.33B

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 free cash flow.

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

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Xcel Energy's free cash flow?
Xcel Energy (XEL) reported free cash flow of -$1.33B in Q1 2026.
How has Xcel Energy's free cash flow changed year-over-year?
Xcel Energy's free cash flow decreased by 38.0% year-over-year, from -$960M to -$1.33B.
What is the long-term trend for Xcel Energy's free cash flow?
Over 4 years (2021 to 2025), Xcel Energy's free cash flow has grown at a 34.6% compound annual growth rate (CAGR), from -$2.08B to -$6.83B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.