Inside the research
Xcel Energy Inc.
XEL Research profile · latest available data
Price overview
$69.80
▲ +0.24 (+0.3%)
| 52w hi | $82.01 |
|---|---|
| 52w lo | $69.56 |
| Vol | 7.48M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.33
| Short | +0.02 |
|---|---|
| Medium | -0.62 |
| Long | -0.48 |
computed 2026-09-27
Key fundamentals
Xcel Energy Inc.
Utilities · Utilities - Regulated Electric
| Market cap | $43.60B |
|---|---|
| Enterprise value | $83.23B |
| Trailing P/E | 19.12x |
| Forward P/E | 15.37x |
| EV / EBITDA | 13.59x |
| P / S (ttm) | 2.98x |
| Profit margin | 15.3% |
| Return on equity | 9.9% |
| Revenue growth | -5.1% |
| Earnings growth | +24.0% |
| Debt / equity | 173.13 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.21 | |
| Sector | -0.10 | |
| Technical | -0.37 | |
| Earnings | +0.00 | |
| Sentiment | +0.43 |
macro × 1.00 · 2026-09-27
Business overview
Xcel Energy Inc., through its subsidiaries, operates as an electric and natural gas delivery company in the United States. It operates through Regulated Electric Utility and Regulated Natural Gas Utility segments. The company generates, purchases, transmits, distributes, and sells electricity through its energy portfolio, including wind, nuclear, hydroelectric, biomass, and solar power from both owned generation facilities and PPAs, as well as its fossil fuel energy portfolio, such as coal and natural gas; sale and resale of wholesale transmission service; and engages in wholesale commodity and trading operations. It also purchases, transports, stores, distributes, and sells natural gas; develops and leases natural gas pipelines and storage facilities; operates interstate natural gas pipeline; and invests in rental housing projects, energy technology companies, and community solar garden nonregulated assets. It serves electric and natural gas customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company was formerly known as Northern States Power company. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
Risk Metrics
| Beta vs SPX | 0.15 |
|---|---|
| Corr SPX | 0.12 |
| Annual vol | 19.9% |
| Annual ret | +6.2% |
| Sharpe | 0.31 |
| Max DD | -17.1% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $92.22 |
|---|---|
| High / Low | $99.00 / $74.00 |
| Median | $93.50 |
| Analysts | 18 |
| Strong Buy | 3 | |
|---|---|---|
| Buy | 14 | |
| Hold | 1 | |
| Sell | 0 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-05-04 | Evercore ISI Group | → Outperform |
| 2026-04-22 | BMO Capital | → Outperform |
| 2026-04-21 | Truist Securities | → Buy |
| 2026-04-21 | Keybanc | → Overweight |
| 2026-04-21 | Barclays | → Overweight |
| 2026-04-20 | UBS | → Buy |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-30 | Earnings Release, Exhibits | read |
| 2026-07-29 | Officer / Director Change, Exhibits | read |
| 2026-07-14 | Other Material Event | read |
| 2026-06-23 | Other Material Event | read |
| 2026-06-22 | Other Material Event | read |
| 2026-06-09 | Other Material Event | read |
| 2026-06-03 | Other Material Event | read |
| 2026-05-22 | Shareholder Vote | read |
| 2026-05-11 | Other Material Event | read |
| 2026-05-05 | Other Material Event | read |
| 2026-05-01 | Other Material Event, Exhibits | read |
| 2026-04-30 | Earnings Release, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-29 | Carter Peter W | Grant | 1.82K | — | |
| 2026-06-28 | KAMPLING PATRICIA L | Grant | 608 | — | |
| 2026-06-28 | Casey Lynn | Grant | 493 | — | |
| 2026-06-28 | Welsh Timothy A | Grant | 468 | — | |
| 2026-06-28 | Pardee Charles G | Grant | 541 | — | |
| 2026-06-28 | Burkhart Megan D | Grant | 584 | — | |
| 2026-05-21 | Welsh Timothy A | Grant | 2.25K | — | |
| 2026-05-21 | KAMPLING PATRICIA L | Grant | 2.25K | — | |
| 2026-05-21 | Casey Lynn | Grant | 2.25K | — | |
| 2026-05-21 | Johnson Netha N. | Grant | 2.25K | — |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 97.8% |
| HHI | 5,171 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $3.15B | 38.90M |
| Fidelity / FMR LLC | $895.55M | 11.15M |
| Capital Research / Capital World | $218.99M | 2.73M |
| Citadel Advisors | $114.93M | 1.43M |
| Millennium Management | $88.42M | 1.10M |
| AQR Capital Management | $71.82M | 894.38K |
| Renaissance Technologies | $16.31M | 203.07K |
| Bridgewater Associates | $11.58M | 144.26K |
| T. Rowe Price Group | $564.87K | 7.03M |
As of 2026-06-30
Connections
Subsidiarys: Northern States Power Company (Minnesota)
Dividends
| Yield (TTM) | 1.67% |
|---|---|
| $ / share (TTM) | $1.16 |
| 5y CAGR | +10.5% |
Annual dividend per share
| 2021 | $1.83 |
|---|---|
| 2022 | $1.95 |
| 2023 | $2.08 |
| 2024 | $1.64 |
| 2025 | $2.83 |
| 2026 | $0.59 |
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $8.37M | Department of the Interior | AMFO- ELECTRICAL SERVICE |
| $1.46M | Department of the Interior | XCEL UTILITY SERVICES FOR THE BLM CLIFFSIDE FACILITY. |
| $1.43M | Department of Energy | THIS IS A TEN-YEAR, SOLE-SOURCE, FIXED-RATE (AS AMENDED BY THE NEW MEXICO PUBLIC |
| $126.00K | Department of Defense | FY24 FCSB ELECTRICAL |
| $70.00K | Department of Justice | POWER FOR CLOTHING AND TEXTILE PLANT / MANDATORY / SOLE SOURCE EXCEL ENERGY |
| $70.00K | Department of Justice | POWER FOR CLOTHING AND TEXTILE PLANT / MANDATORY / SOLE SOURCE EXCEL ENERGY |
| $4.60K | Department of the Interior | NORTHERN STATES POWER |
| $0 | Department of Defense | THIS CONTRACT SP0600-23-C-8352 OR THE CONTINUED CONTRACT IS A CONTINUATION OF CO |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $11.40B | +1.4% | |
| Operating income | $2.58B | +3.6% | |
| Net income | $1.77B | +5.5% | |
| Cash from ops | $4.64B | +6.8% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $69.50 | $69.94 | $68.72 | $69.80 | 7.48M |
| Sep 24 | $70.85 | $70.89 | $69.54 | $69.56 | 6.60M |
| Sep 23 | $71.75 | $71.75 | $70.56 | $70.66 | 4.41M |
| Sep 22 | $71.85 | $72.59 | $71.59 | $72.06 | 5.06M |
| Sep 21 | $72.24 | $72.43 | $71.67 | $71.85 | 4.40M |
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