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Xcel Energy XEL Regulated Natural Gas — Revenue

Other segment segments

Regulated Electric
$2.98B+5.0%
All Other
$15M-6.3%

Similar metrics at other companies

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NWERegulated natural gas
$135.52M+3.3%
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NWERegulated Natural Gas — Total Revenues
$135.52M+3.3%
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SRERegulated natural gas
$2.03B-14.3%
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WMBNatural Gas, US Regulated — Revenue
$750M+13.1%
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ATONatural Gas, US Regulated — Operating revenues
$1.06B+13.1%

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:Revenues.

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 — revenue?
Xcel Energy (XEL) reported regulated natural gas — revenue of $1.03B in Q1 2026.
How has Xcel Energy's regulated natural gas — revenue changed year-over-year?
Xcel Energy's regulated natural gas — revenue 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 — revenue?
Over 4 years (2021 to 2025), Xcel Energy's regulated natural gas — revenue has grown at a 3.6% compound annual growth rate (CAGR), from $2.13B to $2.45B.
What does regulated natural gas — revenue mean?
This metric represents the total operating revenue generated from the transportation, storage, and distribution of natural gas to residential, commercial, and industrial customers within regulated utility service territories. It reflects the financial performance of the natural gas utility business unit, which is subject to state-level rate regulation and oversight. This revenue stream is primarily driven by customer demand, seasonal weather patterns, and approved tariff rates for gas delivery services.