XEL

Xcel Energy

Utilities Utilities - Regulated Electric NASDAQ

About the company

Xcel Energy, a leading utility company in the United States, is responsible for managing the vital energy needs of an extensive customer base. With an impressive reach spanning across eight states, the company serves 3.7 million electric customers and 2.1 million natural gas customers, making it a prominent player in the industry. The company's utilities include Northern States Power, which caters to customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan. With a strong presence in these states, Xcel Energy plays a pivotal role in powering homes, businesses, and industries, ensuring a reliable supply of electricity to millions of residents. In addition to Northern States Power, Xcel Energy also operates the Public Service Company of Colorado. This utility is dedicated to meeting the energy requirements of customers within the state of Colorado. From the bustling city of Denver to the picturesque landscapes of the Rocky Mountains, Xcel Energy works tirelessly to provide reliable electricity and natural gas services to Coloradoans. Further expanding its reach, Xcel Energy serves customers in Texas and New Mexico through its subsidiary, Southwestern Public Service Company. This utility company is committed to meeting the unique energy needs of customers in these states, whether they reside in the vibrant cities of Texas or the beautiful desert regions of New Mexico. By offering electricity and natural gas services, Xcel Energy ensures that these communities have access to efficient and sustainable energy options. Xcel Energy's commitment to sustainable energy solutions sets it apart from many other utility companies in the country. As one of the largest renewable energy providers in the U.S., the company is strongly focused on reducing its carbon footprint. Remarkably, half of Xcel Energy's electricity sales are sourced from carbon-free energy. This significant contribution to clean energy is achieved through a diverse portfolio of renewable sources such as wind, solar, hydro, and biomass. By embracing renewable energy, Xcel Energy actively participates in tackling the global challenge of climate change. The company's commitment to investing in clean energy projects and initiatives has resulted in significant reductions in greenhouse gas emissions. Through continuous innovation and thoughtful planning, Xcel Energy strives to find innovative ways to increase its renewable energy capacity and enhance grid reliability. As a responsible corporate citizen, Xcel Energy is also deeply committed to the communities it serves. Through various philanthropic initiatives and partnerships, the company actively supports local organizations and programs that promote sustainability, education, and community development. By prioritizing the well-being of its customers and the communities it operates in, Xcel Energy strives to make a positive impact beyond just providing essential energy services. In its pursuit of excellence, Xcel Energy continuously invests in advanced technologies and infrastructure to deliver reliable and affordable energy solutions. By combining innovation and expertise, the company remains at the forefront of the energy industry, constantly adapting to the evolving needs of its customers. With its vast customer base, commitment to renewable energy, and dedication to community engagement, Xcel Energy has solidified its position as a leader in the utility sector. Moving forward, the company will continue to play a vital role in shaping the future of energy by embracing sustainable practices and embracing new opportunities for growth and innovation.

Website: https://www.my.xcelenergy.com/s

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Utilities · 120 peers in sector

Metric XEL Sector median Vs. industry
P/E 22.02 19.39 ↑ Above average
EPS 3.47 USD 1.73 USD ↑ Above average
Dividend yield 2.90% 2.88% ↑ Above average
Profit margin 14.14% 10.62% ↑ Above average
ROE 9.59% 8.13% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is Xcel Energy?
Xcel Energy, a leading utility company in the United States, is responsible for managing the vital energy needs of an extensive customer base. With an impressive reach spanning across eight states, the company serves 3.7 million electric customers and 2.1 million natural gas customers, making it a prominent player in the industry. The company's utilities include Northern States Power, which caters to customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan. With a strong presence in these states, Xcel Energy plays a pivotal role in powering homes, businesses, and industries, ensuring a reliable supply of electricity to millions of residents. In addition to Northern States Power, Xcel Energy also operates the Public Service Company of Colorado. This utility is dedicated to meeting the energy requirements of customers within the state of Colorado. From the bustling city of Denver to the picturesque landscapes of the Rocky Mountains, Xcel Energy works tirelessly to provide reliable electricity and natural gas services to Coloradoans. Further expanding its reach, Xcel Energy serves customers in Texas and New Mexico through its subsidiary, Southwestern Public Service Company. This utility company is committed to meeting the unique energy needs of customers in these states, whether they reside in the vibrant cities of Texas or the beautiful desert regions of New Mexico. By offering electricity and natural gas services, Xcel Energy ensures that these communities have access to efficient and sustainable energy options. Xcel Energy's commitment to sustainable energy solutions sets it apart from many other utility companies in the country. As one of the largest renewable energy providers in the U.S., the company is strongly focused on reducing its carbon footprint. Remarkably, half of Xcel Energy's electricity sales are sourced from carbon-free energy. This significant contribution to clean energy is achieved through a diverse portfolio of renewable sources such as wind, solar, hydro, and biomass. By embracing renewable energy, Xcel Energy actively participates in tackling the global challenge of climate change. The company's commitment to investing in clean energy projects and initiatives has resulted in significant reductions in greenhouse gas emissions. Through continuous innovation and thoughtful planning, Xcel Energy strives to find innovative ways to increase its renewable energy capacity and enhance grid reliability. As a responsible corporate citizen, Xcel Energy is also deeply committed to the communities it serves. Through various philanthropic initiatives and partnerships, the company actively supports local organizations and programs that promote sustainability, education, and community development. By prioritizing the well-being of its customers and the communities it operates in, Xcel Energy strives to make a positive impact beyond just providing essential energy services. In its pursuit of excellence, Xcel Energy continuously invests in advanced technologies and infrastructure to deliver reliable and affordable energy solutions. By combining innovation and expertise, the company remains at the forefront of the energy industry, constantly adapting to the evolving needs of its customers. With its vast customer base, commitment to renewable energy, and dedication to community engagement, Xcel Energy has solidified its position as a leader in the utility sector. Moving forward, the company will continue to play a vital role in shaping the future of energy by embracing sustainable practices and embracing new opportunities for growth and innovation.
Are Xcel Energy shares expensive?
The price-to-earnings (P/E) ratio of Xcel Energy is 22.02 — the share price is 22.02 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 19.39). This is information, not a recommendation. (as of 2026-06-02)
How big is Xcel Energy?
The market capitalization of Xcel Energy — the combined value of all its shares — is 47.70 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does Xcel Energy pay dividends?
The dividend yield of Xcel Energy is 2.90% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does Xcel Energy belong to?
Xcel Energy operates in the Utilities sector, industry: Utilities - Regulated Electric.

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