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Xcel Energy XEL Regulated Natural Gas Segment — Natural gas

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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 segment — natural gas?
Xcel Energy (XEL) reported regulated natural gas segment — natural gas of $1.03B in Q1 2026.
How has Xcel Energy's regulated natural gas segment — natural gas changed year-over-year?
Xcel Energy's regulated natural gas segment — 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 segment — natural gas?
Over 4 years (2021 to 2025), Xcel Energy's regulated natural gas segment — natural gas has grown at a 3.6% compound annual growth rate (CAGR), from $2.13B to $2.45B.
What does regulated natural gas segment — natural gas mean?
This metric represents the operational activities and financial performance associated with the regulated natural gas distribution business segment. It encompasses the delivery of natural gas to residential, commercial, and industrial customers within the company's authorized service territories.