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Xcel Energy XEL Regulated Natural Gas Segment — Operating and maintenance expenses

Other segment segments

Regulated Electric Segment
$555M+9.7%

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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:UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses.

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 — operating and maintenance expenses?
Xcel Energy (XEL) reported regulated natural gas segment — operating and maintenance expenses of $106M in Q1 2026.
How has Xcel Energy's regulated natural gas segment — operating and maintenance expenses changed year-over-year?
Xcel Energy's regulated natural gas segment — operating and maintenance expenses decreased by 0.0% year-over-year, from $106M to $106M.
What is the long-term trend for Xcel Energy's regulated natural gas segment — operating and maintenance expenses?
Over 3 years (2022 to 2025), Xcel Energy's regulated natural gas segment — operating and maintenance expenses has grown at a 4.8% compound annual growth rate (CAGR), from $370M to $426M.
What does regulated natural gas segment — operating and maintenance expenses mean?
These are the recurring costs required to operate and maintain the natural gas infrastructure, including labor, materials, and administrative overhead. It excludes fuel and depreciation, focusing on the day-to-day management of the utility network.