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Xcel Energy XEL Return on invested capital

Return on invested capital at other companies

MDU Resources Group logo
MDU Resources GroupMDU
5.2%+0.2pp
Nextra Energy logo
Nextra EnergyNEE
5.8%-0.3pp
WEC Energy Group logo
WEC Energy GroupWEC
6.4%-0.4pp
BKH
Black HillsBKH
5.9%-0.3pp
MGE Energy logo
MGE EnergyMGEE
8%-0.1pp
Duke Energy logo
Duke EnergyDUK
5.7%+0.2pp

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$48.85B+11.2%
Enterprise value$86.33B+13.8%
P/E23.4×+2.2×

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

Calculated from Xcel Energy’s reported figures.

Based on trailing twelve months.

The source filing: Xcel Energy’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 30, 2026, 4:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000072903-26-000073

FAQ

What is Xcel Energy's return on invested capital?
Xcel Energy (XEL) reported return on invested capital of 4.7% in Q1 2026.
How has Xcel Energy's return on invested capital changed year-over-year?
Xcel Energy's return on invested capital decreased by 3.6% year-over-year, from 4.9% to 4.7%.
What is the long-term trend for Xcel Energy's return on invested capital?
Over 5 years (2020 to 2025), Xcel Energy's return on invested capital has grown at a -4.5% compound annual growth rate (CAGR), from 6% to 4.8%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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