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Xcel Energy XEL Price / earnings

Price / earnings at other companies

Nextra Energy logo
Nextra EnergyNEE
23.6×-2.8×
WEC Energy Group logo
WEC Energy GroupWEC
23×+1.8×
Duke Energy logo
Duke EnergyDUK
18.7×+0.7×
Exelon logo
ExelonEXC
18×+0.9×
PG&E logo
PG&EPCG
13.1×-2.6×
CMS
CMS EnergyCMS
21.6×-0.4×

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/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 the most recent quarter.

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 price / earnings?
Xcel Energy (XEL) reported price / earnings of 23.7× in Q1 2026.
How has Xcel Energy's price / earnings changed year-over-year?
Xcel Energy's price / earnings increased by 12.5% year-over-year, from 21.1× to 23.7×.
What is the long-term trend for Xcel Energy's price / earnings?
Over 4 years (2021 to 2025), Xcel Energy's price / earnings has grown at a -1.1% compound annual growth rate (CAGR), from 90.6× to 86.6×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.