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Xcel Energy XEL Interest coverage

Interest coverage at other companies

Nextra Energy logo
Nextra EnergyNEE
1.7×-1.6×
WEC Energy Group logo
WEC Energy GroupWEC
2.5×-0.2×
Duke Energy logo
Duke EnergyDUK
2.4×0.0×
PG&E logo
PG&EPCG
1.6×+0.2×
CMS
CMS EnergyCMS
2.1×-0.1×
CNP
CenterPoint EnergyCNP
2.7×-0.7×

Other financials

Income statement

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Revenue$3.0B-1.2%
Operating income$754.0M+11.4%
Net income$556.0M+15.1%
EPS (diluted)$0.89+5.9%

Balance sheet

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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

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Operating cash flow$1.7B+65.1%
CapEx$3.0B+52.0%
Free cash flow-$1.3B-38.0%

Valuation

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Market cap$48.36B+21.9%
Enterprise value$85.84B+21.0%
P/E23.1×+2.6×
P/S4.2×

Profitability

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Gross margin66.6%
Operating margin17.2%
Net margin11.1%

Returns & leverage

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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.

Based on trailing twelve months.

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

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Questions, answered.

What is Xcel Energy's interest coverage?
Xcel Energy (XEL) reported interest coverage of 1.7× in Q1 2026.
How has Xcel Energy's interest coverage changed year-over-year?
Xcel Energy's interest coverage decreased by 6.6% year-over-year, from 1.8× to 1.7×.
What is the long-term trend for Xcel Energy's interest coverage?
Over 4 years (2021 to 2025), Xcel Energy's interest coverage has grown at a -8.7% compound annual growth rate (CAGR), from 10.4× to 7.2×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.