Xcel Energy XEL Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenue by Business | |||||
| All Other | $57M-10.9% | $64M-44.3% | $115M+7.5% | $107M+13.8% | |
| Regulated Electric | $12.16B+9.1% | $11.15B-2.6% | $11.45B-5.6% | $12.12B+8.2% | |
| Regulated Natural Gas | $2.45B+10.0% | $2.23B-15.7% | $2.65B-14.1% | $3.08B+44.5% | |
| Revenues Including Intersegment Revenues by Business | |||||
| Regulated Electric Segment | $12.16B+9.1% | $11.15B-2.6% | $11.45B-5.6% | $12.13B+8.2% | |
| Regulated Natural Gas Segment | $2.48B+10.0% | $2.25B-15.0% | $2.65B-14.1% | $3.08B+44.4% | |
| Net Income by Business | |||||
| All Other | -$113M+23.1% | -$147M-9.7% | -$134M+15.7% | -$159M-42.0% | |
| Regulated Electric Segment | $1.87B+1.4% | $1.85B+9.5% | $1.69B+3.4% | $1.63B+10.4% | |
| Regulated Natural Gas Segment | $255M+7.6% | $237M+8.2% | $219M-17.0% | $264M+14.3% | |
| Other income, net by Business | |||||
| Regulated Electric Segment | $926M+33.4% | $694M-16.1% | $827M+0.4% | $824M— | |
| Regulated Natural Gas Segment | $150M+23.0% | $122M+3.4% | $118M+9.3% | $108M— | |
| Income tax benefit by Business | |||||
| Regulated Electric Segment | -$265M+36.9% | -$420M-211% | -$135M+16.7% | -$162M-68.8% | |
| Regulated Natural Gas Segment | $67M+8.1% | $62M+24.0% | $50M-26.5% | $68M+25.9% | |
| Cost of natural gas sold and transported by Business | |||||
| Regulated Electric Segment | $0— | $0— | $0— | $0— | |
| Regulated Natural Gas Segment | $1.04B+9.5% | $951M-34.7% | $1.46B-23.8% | $1.91B— | |
| Electric fuel and purchased power by Business | |||||
| Regulated Electric Segment | $3.96B+4.6% | $3.79B-11.5% | $4.28B-14.5% | $5.01B— | |
| Regulated Natural Gas Segment | $0— | $0— | $0— | $0— | |
| Interest and Debt Expense by Business | |||||
| Regulated Electric Segment | $886M+15.5% | $767M+14.5% | $670M+5.3% | $636M+12.0% | |
| Regulated Natural Gas Segment | $125M+10.6% | $113M+17.7% | $96M+11.6% | $86M+14.7% | |
| Utilities Operating Expense, Depreciation and Amortization by Business | |||||
| Regulated Electric Segment | $2.52B+6.4% | $2.37B+12.4% | $2.11B-0.5% | $2.12B+14.4% | |
| Regulated Natural Gas Segment | $414M+15.6% | $358M+10.8% | $323M+17.0% | $276M+8.7% | |
| Operating and maintenance expenses by Business | |||||
| Regulated Electric Segment | $2.26B+7.4% | $2.1B+4.5% | $2.01B-2.8% | $2.07B— | |
| Regulated Natural Gas Segment | $426M+4.2% | $409M+6.0% | $386M+4.3% | $370M— | |
| Equity Method Investments by Business | |||||
| All Other | $657M— | —— | —— | —— | |
| Regulated Natural Gas Segment | $340M— | —— | —— | —— | |
| Revenue from contracts with customers by Product | |||||
| Other | $243M+1.7% | $239M+9.1% | $219M-20.4% | $275M+32.2% | |
| Retail | $12.2B+9.8% | $11.11B-6.7% | $11.91B-4.0% | $12.41B+20.3% | |
| Transmission | $705M+8.8% | $648M-0.2% | $649M-3.9% | $675M+11.8% | |
| Wholesale | $715M+10.9% | $645M-20.9% | $815M-39.8% | $1.35B-12.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Xcel Energy break its business down?
- Xcel Energy (XEL) reports revenue by business across 3 parts — All Other, Regulated Electric and Regulated Natural Gas. Each is extracted from the segment footnotes and tracked over time.
- Where does Xcel Energy's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Xcel Energy's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
