What is Xcel Energy's workforce reduction expenses?

Xcel Energy (XEL) reported workforce reduction expenses of $0 in Q4 2025.

What does workforce reduction expenses mean?

Costs incurred for severance, early retirement programs, or other restructuring activities aimed at reducing the company's workforce. These expenses are typically one-time charges intended to improve long-term operational efficiency.

Xcel Energy XEL Workforce reduction expenses

Workforce reduction expenses at other companies

Kyndryl HoldingsKD

$0-100%

Minerals TechnologiesMTX

$1.38M—

AccentureACN

$628M—

Kyndryl HoldingsKD

-$14M-367%

Lincoln NationalLNC

-$7M-16.7%

Gates Industrial CorporationGTES

$700K-56.3%

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$50.13B+30.9%

Enterprise value$87.61B+24.8%

P/E24×+5.5×

P/S4.3×—

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 xel:WorkforceReductionExpense.

The official record: Xcel Energy’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Xcel Energy's workforce reduction expenses?: Xcel Energy (XEL) reported workforce reduction expenses of $0 in Q4 2025.
What does workforce reduction expenses mean?: Costs incurred for severance, early retirement programs, or other restructuring activities aimed at reducing the company's workforce. These expenses are typically one-time charges intended to improve long-term operational efficiency.