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Xcel Energy XEL Allowance for Funds Used During Construction, Equity

Allowance for Funds Used During Construction, Equity at other companies

Portland General Electric logo
Portland General ElectricPOR
$3M-40.0%
WEC Energy Group logo
WEC Energy GroupWEC
EVR
EvergyEVRG

Other financials

Income statement

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Operating income$754.0M+11.4%
Net income$556.0M+15.1%
EPS (diluted)$0.89+6.0%

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$50.05B+27.9%
Enterprise value$87.53B+23.2%
P/E23.9×+5.1×

Profitability

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Gross margin66.6%
Operating margin17.2%
Net margin11.1%
FCF margin-9.5%

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

Reported directly by Xcel Energy in its filing.

Tagged under the XBRL concept us-gaap:PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity.

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 allowance for funds used during construction, equity?
Xcel Energy (XEL) reported allowance for funds used during construction, equity of $92M in Q1 2026.
How has Xcel Energy's allowance for funds used during construction, equity changed year-over-year?
Xcel Energy's allowance for funds used during construction, equity increased by 91.7% year-over-year, from $48M to $92M.
What is the long-term trend for Xcel Energy's allowance for funds used during construction, equity?
Over 4 years (2021 to 2025), Xcel Energy's allowance for funds used during construction, equity has grown at a 40.1% compound annual growth rate (CAGR), from $73M to $281M.
What does allowance for funds used during construction, equity mean?
A non-cash accounting credit that represents the cost of capital used to finance construction projects before they are placed into service. This allows utilities to capitalize interest and equity costs during the development of long-term infrastructure.