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Xcel Energy XEL Regulated natural gas

Regulated natural gas at other companies

Duke Energy logo
Duke EnergyDUK
$462M+33.1%
NorthWestern Energy Group, Inc. logo
NorthWestern Energy Group, Inc.NWE
$135.52M+3.3%
MGE Energy logo
MGE EnergyMGEE

Segments

By segment

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Regulated Natural Gas Segment$737M+6.0%

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$51.03B+32.8%
Enterprise value$88.52B+27.0%
P/E24.4×+4.5×
P/S4.4×

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:RegulatedOperatingRevenueGas.

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 regulated natural gas?
Xcel Energy (XEL) reported regulated natural gas of $1.03B in Q1 2026.
How has Xcel Energy's regulated natural gas changed year-over-year?
Xcel Energy's regulated natural gas decreased by 2.4% year-over-year, from $1.06B to $1.03B.
What is the long-term trend for Xcel Energy's regulated natural gas?
Over 4 years (2021 to 2025), Xcel Energy's regulated natural gas has grown at a 3.6% compound annual growth rate (CAGR), from $2.13B to $2.45B.
What does regulated natural gas mean?
This metric captures the revenue derived from the distribution and sale of natural gas to regulated utility customers. It is a primary revenue stream for utilities that operate integrated gas delivery networks.