XEL Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $71.40
Market Cap (MRQ) $44.57B
P/E 20.9
EPS $3.42
Div Yield 2.9%
ROE 9.4%
Debt/Equity (MRQ) 0.1
52W Range $69–$84

XEL Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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Stock splits 2
Ex-date Split Type
June 2, 1998 2-for-1 Forward
June 16, 1986 2-for-1 Forward

About Xcel Energy Inc. - Common Stock Company overview from Wikipedia

05 · wikidata

Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving approximately 3.9 million electricity customers and 2.2 million natural gas customers across parts of eight states as of mid-2025. It consists of four operating subsidiaries: Northern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co.

In December 2018, Xcel Energy announced it would deliver 100 percent clean, carbon-free electricity by 2050, with an 80 percent carbon reduction by 2035 (from 2005 levels). This makes Xcel the first major US utility to set such a goal.

History

Xcel Energy was built on three companies: Minneapolis-based Northern States Power Company (NSP), Denver-based Public Service Company of Colorado (PSCo), and Amarillo-based Southwestern Public Service (SPS). Southwestern Public Service Co. (SPS) dates its origins to 1904 and the Pecos Valley in New Mexico when Maynard Gunsell received an electricity franchise for the city of Roswell, New Mexico and its 2,000 residents. The financial strain of creating this new enterprise soon overwhelmed him and he sold the franchise to W.H. Gillenwater, who named his utility the Roswell Electric Light Co. He later sold the company to an investment firm in Cleveland, Ohio, which already owned the Roswell Gas Co.

Northern States Power Company's timeline begins with the organization of the Washington County Light & Power Co. in 1909. When H. M. Byllesby began building his utility holding company across the Northwestern region of the US, he renamed it the Consumers Power Co. in 1910 and which was renamed the Northern States Power Co. in 1916. While the bulk of NSP's territory grew across central and southern Minnesota (starting from the Twin Cities), it acquired territory in North Dakota (centering on Fargo, Grand Forks, and Minot) and extended southwest into South Dakota (centering on Sioux Falls). NSP's system also extended east into Wisconsin, but because of utility ownership laws in that state, it was operated as an entity separate from the rest of the company.

Public Service Company of Colorado (PSCo) was formed in 1923 to provide an electric generating station for the Denver area. By 1924, it had acquired most of the electric companies in northern and central Colorado. Originally a subsidiary of Cities Service Company, it became an independent autonomous operation in November 1943. By this time, it served 80 percent of Colorado's gas and electricity needs. As demand for energy continued to grow, so did PSCo. Eventually, the company merged with SPS to form New Century Energies (NCE) in 1995.

Northern States Power and Wisconsin Energy Corporation had planned to merge into a new outfit that was to be called Primergy - but in 1997, the merger fell through because of the time it was taking to gain the required approvals from state and federal agencies. After the failed Primergy merger, NSP (both the Minnesota and Wisconsin companies) merged with New Century Energies to form Xcel Energy. In 2005, Xcel sold Cheyenne Light, Fuel and Power to Black Hills Corporation. Cheyenne Light, Fuel and Power had been a subsidiary of PSCo since the 1920s, and had become an operating company of NCE after the merger with SPS.

In December 2018, Xcel Energy became the first major US utility to pledge to go carbon-free, aiming for 80% carbon reduction by 2030, and 100% reduction by 2050.

Utility industry magazine Utility Dive awarded Xcel Energy its 2018 "Utility of the Year" award for its plans for add 12 wind farms, its project with Google to develop new ways for customers to personalize energy management, and its plan to retire 50 percent of its coal-powered capacity by 2026 (and replacing it with a combination of renewable energy, efficiency, and natural gas).

On May 20, 2019, Xcel Energy announced its intent to close all of its remaining coal-fired plants in Minnesota by 2030 while compensating by increasing solar production capacity by 1,400%. It also declared its plans to continue operating its Monticello nuclear plant near Monticello, Minnesota, until at least 2040.

In February 2026, Xcel Energy requested approval from the Colorado Public Utilities Commission for significant electric and gas rate increases of around 10% and 11% respectively to cover infrastructure investments, drawing protests from some customers who argued the utility’s profits and past investments should reduce the need for higher bills.

Xcel Energy submitted a proposal in March 2026 to change the cost of powering their operations. The "large load tariff" plan sets higher rates for big power users such as large commercial customers and data centers. At the time there were 56 data centers in Colorado, with many more under construction, which will require enormous amounts of energy.

Generation portfolio

Xcel Energy primarily provides energy from wind, natural gas, and coal. Carbon-free energy accounted for 50% of its total electricity generation in 2023, with wind and nuclear as the largest contributors.

It has also lowered its greenhouse gas emissions by reducing coal consumption in favor of natural gas. Xcel plans to continue this trend by converting some coal plants to natural gas and closing others. Some environmental activists argue that Xcel is not acting on plans to stop using coal plants fast enough.

Xcel Energy owns and operates three wind farms. In October 2011, Xcel Energy set a world record for electricity from wind power, with an hourly penetration of 55.6% of production from wind. At peak generation wind is the largest source of energy capacity for Xcel.

Xcel Energy owns and operates two nuclear power plants:

Monticello Nuclear Generating Plant near Monticello, Minnesota

Prairie Island Nuclear Generating Plant near Red Wing, Minnesota

and stores the spent fuel from these nuclear plants on site in independent spent fuel storage installations. (ISFSIs).

Biomass electricity comes from organic fuel sources. Xcel Energy has contracts for about 110 megawatts of electricity from biomass generators. Two in northern Minnesota are fueled by forest harvest residue, such as treetops and limbs. A third facility, brought on line in 2007 in western Minnesota, generates power using turkey litter.

Xcel Energy's Bay Front plant in Ashland, Wisconsin, is a three-unit generating station that has become a model for the creative use of fuels: coal, waste wood, railroad ties, discarded tires, natural gas, and petroleum coke. Two of the three Bay Front operating units already use biomass as their primary fuel. Xcel Energy recently proposed a plan to install biomass gasification technology at Bay Front. The waste-to-energy facilities use waste that would otherwise end up in landfills. The Wisconsin waste-to-energy plant burns wood waste in combination with refuse-derived fuel (RDF).

Transmission and Distribution

Transmission

Electric power transmission refers to the high voltage power lines for long distance transport of electric energy. Xcel Energy owns and operates approximately 111,000 miles of electric transmission lines, along with an extensive distribution network, as of 2025. Xcel has proposed significant plans for updating its transmission system with a budget of $7.4 billion from 2022-2027.

The Colorado Power Pathway, approved by regulators in 2022, gives Xcel $1.7 billion to expand transmission infrastructure in eastern Colorado. One proposal in Colorado involved nearly $3 billion in new investment. Construction is subcontracted to Quanta Infrastructure Services Group. Current timelines have most of the project being completed by 2027.

Another proposal in Colorado involved nearly $3 billion in new investment. This was more than nine times the state budget and in addition to the budget for the Colorado Power Pathway program.

Expanding the transmission infrastructure is important for adding new renewable systems to the grid. However the cost can be significant. Colorado regulators did not approve Xcel's plan to build additional transmission in Baca County which is a large potential wind energy generator. Instead, they sought proposals that involve constructing renewable energy sources connected to the existing grid.

In Minnesota, the budget for a new 465 mile transmission line doubled to $1.14 billion and Xcel cited inflationary pressures. Opponents of Colorado's Power Pathway Program highlighted that cost overruns in transmission construction will be pushed to consumers. The Federal Energy Information Administration stated in 2023 that transmission lines typically cost $1.17 million to $8.62 million per mile.

Under the Power for the Plains Initiative, Xcel Energy built hundreds of miles of transmission lines and substations totaling $3 billion in investment. The lines supply Kiowa NM, Lubbock TX, and connect other towns in the Texas panhandle.

The transmission system is operated on a non-discriminatory basis under the open access requirements of the Federal Government. This means that all wholesale buyers and sellers of electricity can use the transmission system under the same terms and conditions used to serve Xcel Energy's own retail customers.

Grid security

In 2017, Xcel Energy partnered with the Financial Services Information Sharing and Analysis Center to create a new "threat information sharing community" intended to share cyber and physical security intelligence with the energy sector. The new community is called the Energy Analytic Security Exchange (EASE). It is run by the FS-ISAC Sector Services team; FS-ISAC is an organization that gathers cyber and physical risk intelligence for the financial services industry. Additionally, the North American Electric Reliability Council (NERC) manages the Electricity Information Sharing and Analysis Center, which is another resource that the energy sector uses to gather threat intelligence.

Advanced Grid in Colorado

In 2016, Xcel Energy announced the Advanced Grid Intelligence and Security (AGIS) initiative, a long-term effort related to power reliability, distributed generation, and information sharing with customers. Through the initiative, Xcel would build an "intelligent grid" in Colorado in order to improve grid security. The company filed a request for permission with the Colorado Public Utilities Commission for the program, which would cost $500 million.

Programs

Since 1998, Xcel Energy's Windsource program has allowed customers to designate that part or all of their electricity comes from a renewable energy source. In 2015, about 96,000 people were enrolled in Windsource. In 2011, more than 2.3 million electric and 261,800 natural gas customers took part in Xcel Energy's energy efficiency programs for homes and businesses.

Xcel Energy also offers customers incentives to install solar panels. At the end of 2011, more than 10,600 photovoltaic systems had been installed, with a capacity of about 121 megawatts (DC). In early 2011, Xcel Energy suspended the solar rebate program before reaching a settlement a month later with representatives of solar power companies to restore the solar incentive program until it is fully reviewed by the Public Utilities Commission.

Controversies

On August 1, 2002, Xcel Energy Inc. was sued because of engaging in "round-trip" energy trades that provided no economic benefit for the company, and because the company lacked the necessary internal controls to adequately monitor the trading of its power. Xcel paid $80,000,000 in a settlement.

Nuclear waste, radioactive water management

The parent company to Xcel Energy, and later Xcel Energy itself have operated the Prairie Island Nuclear Power Plant since 1973. Over that time, nuclear waste produced by the power plant has been stored adjacent to the Prairie Island Indian Community. The homes of some members of the community are within 600 yards of the nuclear waste containment site. The island is very vulnerable to seasonal flooding because it is on the bank of the Mississippi River. While in 1991, the Minnesota Public Utilities Commission capped the storage of nuclear waste on the island to 17 casks, the legislature has since permitted this number to increase. Environmentalists and members of the Prairie Island Indian Community have been working since 1994 to have this nuclear waste transported away from their reservation due to the combined risk of the temporary design of the storage facility, unpredictable flooding and single evacuation road in the event nuclear waste is released from containment.

On March 16, 2023, Xcel Energy announced that a significant unplanned release of radioactive water from its Monticello nuclear power plant took place on November 21, 2022, which was reported only to state and federal authorities but was concealed from the public until then. Xcel estimated the leak to be 400 thousand gallons of contaminated water containing radioactive tritium. The leak occurred in a water pipe that runs between two buildings.

Fires

The Cabin Creek Fire occurred on October 2, 2007, at Xcel Energy's Hydropower Generation plant in Georgetown, Colorado. On June 1, 2011, Federal prosecutors opened their charges that Xcel Energy was criminally liable for the deaths of the five RPI workers. The jury found Xcel Energy not guilty. On December 19, 2011, RPI Coating plead guilty to workplace safety violations and paid $1.55 million in a cash settlement. The company took responsibility for the deaths of five workers and the injuries to three.

Xcel Energy faces nearly 300 lawsuits filed by homeowners, businesses, and local governments over the Marshall Fire as of early 2024, which started on December 30, 2021 in Boulder County and impacted the communities of Superior and Louisville. Two people died and more than 1,000 homes and commercial properties were destroyed, resulting in more than $2 billion in property damage. It was the most destructive wildfire in Colorado history. The official investigation blamed the fire on a loose wire owned by Xcel and a week-old fire started by members of the Twelve Tribes that was smoldering.

Following the Smokehouse Creek Fire in the Texas Panhandle, which began February 26, 2024, Xcel Energy acknowledged that its facilities played a role in the ignition of the fire. The fire became the largest wildfire in Texas history, burning more than one million acres, resulting in at least two confirmed deaths and significant agricultural and livestock damage. An investigation by the Texas A&M Forest Service found that power lines ignited the fire. In February 2026, a Texas judge ordered Xcel to replace damaged wooden electric distribution poles and inspect at least 35,000 poles per year; the injunction is temporary as the court considers a state lawsuit set to begin trial in April 2027.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorUtilities industryUtilities employees11,534 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue·
2016-12-31 → 2018-12-31
EPS$3.42
2016-12-31 → 2025-12-31
Free Cash Flow$-6.83B
2016-12-31 → 2025-12-31
Net margin·
2016-12-31 → 2018-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend XEL 5Y avg Peer Median Verdict
P/E 20.95Y avg ≈21.1 ≈21.1 22.9 Fair value
P/S 3.85Y avg ≈3.4 ≈3.4 2.8 Overvalued
P/B (MRQ) 1.95Y avg ≈2.1 ≈2.1 2.1 Fair value
Price / FCF (TTM) -6.25Y avg ≈-31.7 ≈-31.7 · ·
Price / Cash Flow (TTM) 9.45Y avg ≈10.5 ≈10.5 7.4 Overvalued
Price / Tangible Book 1.95Y avg ≈2.1 ≈2.1 · ·
PEG Ratio ≈5.0 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield2.9%
Payout Ratio63.5%
Annualized Payout≈$2.37Paid quarterly
5Y Div CAGR≈5.8%Per share, split-adjusted
Growth Streak≈22Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Sep 15, 2026$0.59USD≈3.2%
Jun 15, 2026$0.59USD≈2.9%
Mar 13, 2026$0.59USD≈2.8%
Dec 29, 2025$0.57USD≈3.1%
Sep 15, 2025$0.57USD≈3.1%
Jun 13, 2025$0.57USD≈3.3%
Mar 14, 2025$0.57USD≈3.2%
Jan 6, 2025$0.55USD≈3.4%
Sep 13, 2024$0.55USD≈3.4%
Jun 14, 2024$0.55USD≈4.0%
Mar 14, 2024$0.55USD≈4.1%
Dec 27, 2023$0.52USD≈3.4%
Sep 14, 2023$0.52USD≈3.5%
Jun 14, 2023$0.52USD≈3.2%
Mar 14, 2023$0.52USD≈3.0%
Dec 28, 2022$0.49USD≈2.8%
Sep 14, 2022$0.49USD≈2.6%
Jun 14, 2022$0.49USD≈2.9%
Mar 14, 2022$0.49USD≈2.7%
Dec 21, 2021$0.46USD≈2.8%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 2.3%
Next Report Oct 28, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 29, 2026 $0.93 $0.79 17.8%
March 31, 2026 $0.91 $0.91 -0.18%
Dec. 31, 2025 $0.95 $0.97 -2.2%
Sept. 30, 2025 $1.24 $1.33 -7.0%
June 30, 2025 $0.75 $0.65 14.7%
March 31, 2025 $0.84 $0.93 -9.6%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 14
Metric Trend 202520242023202220212020201920182017201620152014
Revenue ·······$11.54B$11.40B$11.11B$11.02B$11.69B
Cost of Revenue ·······$3.85B$3.76B$3.72B··
Operating Expenses $12.09B$11.05B$11.72B$12.88B$11.23B$9.41B$9.43B$9.57B$9.18B$8.87B$9.02B$9.74B
Operating Income $2.58B$2.39B$2.48B$2.43B$2.20B$2.12B$2.10B$1.97B$2.22B$2.24B$2.00B$1.95B
Interest Expense $1.47B$1.25B$1.05B$953M$842M$840M$773M$700M$663M$647M$595M$567M
Other Non-op $235M$143M$22M$-13M$5M$-6M$16M$-14M$-10M$-18M$6M$5M
Pretax Income $1.77B$1.53B$1.62B$1.60B$1.53B$1.47B$1.50B$1.44B$1.69B$1.70B$1.53B$1.55B
Income Tax $-245M$-402M$-146M$-135M$-70M$-6M$128M$181M$542M$581M$543M$524M
Net Income $2.02B$1.94B$1.77B$1.74B$1.60B$1.47B$1.37B$1.26B$1.15B$1.12B$984M$1.02B
EPS (Basic) $3.44$3.44$3.21$3.18$2.96$2.79$2.64$2.47$2.26$2.21$1.94$2.03
EPS (Diluted) $3.42$3.44$3.21$3.17$2.96$2.79$2.64$2.47$2.25$2.21$1.94$2.03
Shares (Basic) 587,000,000563,000,000552,000,000547,000,000539,000,000527,000,000519,000,000511,000,000509,000,000509,000,000508,000,000503,847,000
Shares (Diluted) 589,000,000563,000,000552,000,000547,000,000540,000,000528,000,000520,000,000511,000,000509,000,000509,000,000508,200,000504,117,000
EBITDA $5.55B$5.16B$4.95B$4.86B$4.35B$4.08B$3.89B$3.62B$3.69B$3.53B$3.14B$2.98B
Balance Sheet 24
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $274M$179M$129M$111M$166M$129M$248M$147M$83M$85M$85M$80M
Receivables $1.33B$1.25B$1.31B$1.37B$1.02B$916M$837M$860M$797M$776M$725M$827M
Inventory $761M$666M$711M$803M$631M$535M$544M$548M$610M$604M$609M$597M
Prepaid Expense $1.07B$724M$294M$360M$289M$250M$185M$154M$183M$138M$156M$171M
Current Assets $5.01B$4.33B$4.07B$5.14B$4.24B$3.27B$3.11B$3.09B$2.97B$2.84B$2.77B$3.36B
PP&E (Net) $65.64B$57.20B$51.64B$48.25B$45.46B$42.95B$39.48B$36.94B$34.33B$32.84B$31.21B$28.76B
PP&E (Gross) $85.88B$76.65B$69.69B$65.46B$62.21B$59.30B$55.84B$52.25B$48.93B$46.83B$44.41B$41.54B
Accum. Depreciation $20.71B$19.85B$18.40B$17.50B$17.06B$16.66B$16.73B$15.66B$15.00B$14.38B$13.59B$13.17B
Other Non-current Assets $1.04B$524M$678M$389M$431M$379M$492M$272M$278M$248M$33M$176M
Total Assets $81.37B$70.03B$64.08B$61.19B$57.85B$53.96B$50.45B$45.99B$43.03B$41.16B$38.82B$36.96B
Accounts Payable $2.31B$1.78B$1.67B$1.80B$1.41B$1.24B$1.29B$1.24B$1.24B$1.04B$961M$1.17B
Short-term Debt $1.55B$695M$785M$813M$1.00B$584M$595M$1.04B$814M$392M$846M$1.02B
Current Liabilities $7.09B$6.46B$5.65B$6.08B$5.05B$4.24B$4.57B$4.46B$4.09B$3.25B$4.06B$4.06B
Capital Leases $788M$867M$1.04B$1.04B$1.15B$1.34B$1.55B$0····
Deferred Tax $6.00B$5.32B$4.88B$4.76B$4.89B$4.75B$4.51B$4.17B$3.85B$6.78B$6.15B$5.85B
Other Non-current Liabilities $61M$69M$148M$147M$158M$183M$186M$206M$145M$225M$262M$265M
Long-term Debt $32.33B$27.32B$25.46B$23.96B$22.38B$20.07B$18.11B$16.21B····
Total Debt $1.55B$695M$785M$813M$1.00B$584M$595M$1.04B$814M$642M$1.30B$1.02B
Common Stock $1.56B$1.44B$1.39B$1.37B$1.36B$1.34B$1.31B$1.28B$1.27B$1.27B$1.27B$1.26B
Retained Earnings $9.21B$8.55B$7.86B$7.24B$6.57B$5.97B$5.41B$4.89B$4.41B$3.98B$3.55B$3.22B
AOCI $-63M$-68M$-94M$-93M$-123M$-141M$-141M$-124M$-125M$-110M$-110M$-108M
Stockholders' Equity $23.61B$19.52B$17.62B$16.68B$15.61B$14.57B$13.24B$12.22B$11.46B$11.02B$10.60B$10.21B
Liabilities + Equity $81.37B$70.03B$64.08B$61.19B$57.85B$53.96B$50.45B$45.99B$43.03B$41.16B$38.82B$36.96B
Shares Outstanding 623,600,715574,365,598554,941,703549,578,018544,025,269537,438,394524,539,000514,036,787507,763,000507,223,000507,536,000505,733,000
Cash Flow 18
Metric Trend 202520242023202220212020201920182017201620152014
D&A $2.97B$2.77B$2.47B$2.44B$2.14B$1.96B$1.78B$1.66B$1.50B$1.32B$1.14B$1.04B
Stock-based Comp $46M$33M$25M$20M$31M$73M$58M$45M$57M$41M$45M$32M
Deferred Tax $414M$225M$-59M$-140M$-79M$-8M$143M$218M$640M$587M$536M$569M
Other Non-cash $-1.36B$-322M$1.12B$-120M$-1.50B$-649M$-95M$-61M$-214M$-18M$318M$-11M
Operating Cash Flow $4.08B$4.64B$5.33B$3.93B$2.19B$2.85B$3.26B$3.12B$3.13B$3.05B$3.04B$2.66B
CapEx $10.91B$7.36B$5.85B$4.64B$4.24B$5.37B$4.22B$3.96B$3.24B$3.19B$3.68B$3.20B
Investing Cash Flow $-10.97B$-7.43B$-5.93B$-4.65B$-4.29B$-4.74B$-4.34B$-3.99B$-3.30B$-3.26B$-3.62B$-3.12B
Debt Issued $5.76B$3.65B$2.63B$2.16B$2.71B$2.94B$2.92B$1.68B$1.52B$2.42B$1.63B$838M
Net Debt Issued $4.05B$2.99B$1.48B$1.56B$2.29B$1.94B$1.97B$1.22B$488M$1.39B$1.38B$562M
Stock Issued $3.35B$1.12B$270M$322M$366M$727M$458M$230M$0$0$7M$181M
Stock Repurchased ·······$1M$3M$32M$0$0
Net Stock Activity $3.35B$1.12B$270M$322M$366M$727M$458M$229M$-3M$-32M$7M$181M
Dividends Paid $1.28B$1.18B$1.09B$1.01B$935M$856M$791M$730M$721M$681M$607M$561M
Financing Cash Flow $6.98B$2.84B$617M$666M$2.13B$1.77B$1.18B$928M$168M$209M$590M$430M
Net Change in Cash $95M$50M$18M$-55M$37M$-119M$101M$64M$-2M$0$5M$-28M
Taxes Paid $641M$588M$92M$15M$4M$-12M$-53M$-27M$-44M$-62M$-58M$5M
Free Cash Flow $-6.83B$-2.72B$-527M$-706M$-2.06B$-2.52B$-962M$-835M$-193M$-203M$-658M$-552M
Levered FCF $-8.50B$-4.31B$-1.68B$-1.74B$-2.94B$-3.36B$-1.67B$-1.45B$-643M$-630M$-1.04B$-926M
Profitability 7
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin ·······17.0%19.2%19.9%18.1%16.7%
Net Margin ·······10.9%10.1%10.1%8.9%8.7%
Pretax Margin ·······12.5%14.8%15.3%13.9%13.2%
EBITDA Margin ·······31.4%32.3%31.8%28.5%25.5%
ROA 2.7%2.9%2.8%2.9%2.9%2.8%2.9%2.8%2.7%2.8%2.6%2.9%
ROE 9.4%10.4%10.3%10.8%10.6%10.6%10.8%10.7%10.2%10.4%9.5%10.3%
ROIC 11.7%14.9%14.7%15.0%13.9%14.0%13.9%13.0%12.1%12.5%10.8%11.5%
Liquidity & Solvency 4
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 0.70.70.70.80.80.80.70.70.70.90.70.8
Quick Ratio 0.20.20.20.20.20.20.20.20.20.30.20.2
Debt / Equity 0.10.00.00.00.10.00.00.10.10.10.10.1
Interest Coverage 1.81.92.42.52.62.52.72.83.33.43.43.4
Efficiency 2
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover ·······0.30.30.30.30.3
Receivables Turnover ·······13.914.514.814.214.9
Per Share 6
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $37.86$33.99$31.74$30.34$28.70$27.12$25.24$23.78$22.56$21.73$20.89$20.20
Revenue / Share ·······$22.58$22.40$21.80$21.69$23.18
Cash Flow / Share $6.93$8.24$9.65$7.19$4.05$5.39$6.28$6.11$6.14$5.99$5.95$5.25
Cash / Share ·····$0.24$0.47$0.29$0.16$0.17$0.17$0.16
Dividend / Share $2.28$2.19$2.08$1.95$1.83$1.72$1.62$1.52$1.44$1.36$1.28$1.20
EPS (TTM) $3.42$3.44$3.21$3.17$2.96$2.79$2.64$2.47$2.25$2.21$1.94$2.03
Growth Rates 7
Metric Trend 202520242023202220212020201920182017201620152014
EPS YoY -0.58%7.2%1.3%7.1%6.1%·······
EPS CAGR 3Y 2.6%5.1%4.8%·········
EPS CAGR 5Y 4.2%···········
Net Income YoY 4.2%9.3%2.0%8.7%8.4%·······
Net Income CAGR 3Y 5.1%6.6%6.3%·········
Net Income CAGR 5Y 6.5%···········
Dividends Paid CAGR 5Y 8.4%···········
Valuation (TTM) 17
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $11.61B$11.61B$11.61B$11.61B$11.61B$11.61B$11.61B$11.54B$11.40B$11.11B$11.02B$11.69B
Net Income TTM $2.02B$1.94B$1.77B$1.74B$1.60B$1.47B$1.37B$1.26B$1.15B$1.12B$984M$1.02B
Market Cap $46.06B$38.78B$34.36B$38.53B$36.83B$35.83B$33.30B$25.33B$24.43B$20.64B$18.23B$18.17B
Enterprise Value ·····$36.29B$33.65B$26.22B$25.16B$21.20B$19.44B$19.11B
P/E 21.619.619.322.122.923.924.019.921.418.418.517.7
P/S 4.03.33.03.33.23.12.92.22.11.91.71.6
P/B 2.02.02.02.32.42.52.52.12.11.91.71.8
P / Tangible Book 2.02.02.02.32.42.5······
P / Cash Flow 11.38.46.49.816.812.610.28.17.86.86.06.9
P / FCF -6.7-14.2-65.2-54.6-17.9-14.2-34.6-30.3-126.6-101.6-27.7-32.9
EV / EBITDA ·····8.98.77.26.86.06.26.4
EV / FCF ·····-14.4-35.0-31.4-130.4-104.3-29.6-34.6
EV / Revenue ·····3.12.92.32.21.91.81.6
Dividend Yield 2.8%3.0%3.2%2.6%2.5%2.4%2.4%2.9%2.9%3.3%3.3%3.1%
Earnings Yield 4.6%5.1%5.2%4.5%4.4%4.2%4.2%5.0%4.7%5.4%5.4%5.7%
Payout Ratio 63.5%60.7%61.7%58.3%58.6%58.1%57.6%57.9%62.8%60.6%61.6%55.0%
Annual Payout $1.28B$1.18B$1.09B$1.01B$935M$856M$791M$730M$721M$681M$607M$561M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Net Income $2.02B $1.94B $1.77B $1.74B $1.60B
Diluted EPS $3.42 $3.44 $3.21 $3.17 $2.96

Institutional owners (13F) 1,381 filers · $53.3B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 1,381
Value held $53.3B
New positions 111
Exited positions 72
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
111 (-41 vs prior Q) 72 (-12 vs prior Q) 544 (+75 vs prior Q) 392 (-50 vs prior Q) +36.0M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $5,732,334,057 77,610,805 10.76% Shares
BlackRock, Inc. $4,890,136,163 60,898,333 9.18% Shares
VANGUARD CAPITAL MANAGEMENT LLC $3,273,808,195 40,769,716 6.14% Shares
STATE STREET CORP $3,145,175,931 38,896,012 5.90% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $2,859,562,658 35,610,992 5.37% Shares
BANK OF AMERICA CORP /DE/ $2,403,679,957 29,933,748 4.51% Shares
Capital Research Global Investors $2,352,947,790 29,301,965 4.42% Shares
JPMORGAN CHASE & CO $1,782,381,553 21,741,661 3.34% Shares
Invesco Ltd. $1,716,909,805 21,381,193 3.22% Shares
GEODE CAPITAL MANAGEMENT, LLC $1,443,517,460 18,042,089 2.71% Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $1,317,383,562 16,269,553 2.47% Shares
FMR LLC $895,553,564 11,152,597 1.68% Shares
GQG Partners LLC $891,688,246 11,104,441 1.67% Shares
GOLDMAN SACHS GROUP INC $883,136,517 10,997,965 1.66% Shares
Aristotle Capital Management, LLC $839,862,767 10,459,005 1.58% Shares
Pictet Asset Management Holding SA $725,805,671 9,038,572 1.36% Shares
BARROW HANLEY MEWHINNEY & STRAUSS LLC $708,086,444 8,818,013 1.33% Shares
MORGAN STANLEY $633,944,020 7,894,693 1.19% Shares
FRANKLIN RESOURCES INC $631,929,277 7,869,605 1.19% Shares
Legal & General Group Plc $503,543,398 6,270,777 0.94% Shares
GOLDMAN SACHS GROUP INC $455,750,680 5,675,600 0.86% Put option
DEUTSCHE BANK AG\ $433,927,389 5,403,828 0.81% Shares
NORTHERN TRUST CORP $420,934,448 5,242,023 0.79% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $335,254,990 4,175,031 0.63% Shares
ROYAL BANK OF CANADA $296,115,000 3,687,605 0.56% Shares
Newport Trust Company, LLC $290,078,531 3,612,435 0.54% Shares
VANGUARD FIDUCIARY TRUST CO $281,482,496 3,505,386 0.53% Shares
Bank of New York Mellon Corp $280,186,946 3,489,252 0.53% Shares
BANK OF MONTREAL /CAN/ $272,654,657 3,395,450 0.51% Shares
REAVES W H & CO INC $269,685,302 3,358,472 0.51% Shares
Boston Partners $245,945,926 3,062,841 0.46% Shares
BNP PARIBAS FINANCIAL MARKETS $242,393,901 3,018,604 0.45% Shares
AMERICAN CENTURY COMPANIES INC $234,009,165 2,914,185 0.44% Shares
Nuveen, LLC $233,891,830 2,912,726 0.44% Shares
Magellan Asset Management Ltd $226,328,280 2,818,534 0.42% Shares
Mitsubishi UFJ Trust & Banking Corp $220,636,376 2,747,651 0.41% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $216,304,872 2,722,871 0.41% Shares
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC $216,246,535 2,692,983 0.41% Shares
UBS Group AG $215,132,468 2,679,109 0.40% Shares
Electron Capital Partners, LLC $202,530,572 2,522,174 0.38% Shares
FEDERATED HERMES, INC. $197,384,225 2,458,085 0.37% Shares
DUFF & PHELPS INVESTMENT MANAGEMENT CO $194,324,154 2,419,977 0.36% Shares
Russell Investments Group, Ltd. $190,678,903 2,373,871 0.36% Shares
Zimmer Partners, LP $186,585,883 2,323,610 0.35% Shares
DIMENSIONAL FUND ADVISORS LP $170,764,327 2,126,199 0.32% Shares
TORONTO DOMINION BANK $170,302,241 2,120,825 0.32% Shares
NORDEA INVESTMENT MANAGEMENT AB $168,601,054 2,077,391 0.32% Shares
AMERIPRISE FINANCIAL INC $160,700,083 2,000,918 0.30% Shares
PRINCIPAL FINANCIAL GROUP INC $149,601,722 1,863,034 0.28% Shares
ADAGE CAPITAL PARTNERS GP, L.L.C. $149,305,163 1,859,342 0.28% Shares

Show all 1,381 institutional owners →

Company insiders 81 insiders · 43 officers · 39 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Robert Frenzel Chairman, President and CEO March 2, 2026 A 512,597 0 0 $0
Clyde Riley Hill President and CEO, SPS Feb. 20, 2013 F 11,243 0 0 $0
Michael L Swenson President and CEO, NSPW Feb. 23, 2011 F 61,465 0 0 $0
KELLY RICHARD C Chairman and CEO Feb. 23, 2011 F 552,517 0 0 $0
Tim E Taylor President and CEO, PSCO Feb. 20, 2008 F 39,273 0 0 $0
Cynthia L Lesher President & CEO, NSP Feb. 20, 2008 F 135,593 0 0 $0
Brian J Van Abel EVP, Chief Financial Officer March 2, 2026 A 110,697 0 0 $0
MADDEN TERESA S EVP and CFO Feb. 16, 2016 F 104,148 0 0 $0
David T Hudson President, SPS May 17, 2021 S 3,956 0 0 $0
Christopher B Clark President, NSPM May 4, 2021 S 18,975 0 0 $0
Alice K Jackson President, PSCo Feb. 17, 2021 A 9,038 0 0 $0
Mark E Stoering President, NSPW Feb. 16, 2021 M 55,608 0 0 $0
Amanda J Rome EVP, Group President, Utilitie March 20, 2026 W 55,819 0 1 $-1,335,168
Ryan J. Long EVP, Chief Legal and March 4, 2026 S 19,761 0 1 $-66,328
Michael G. Lamb EVP, Chief Delivery Officer March 2, 2026 A 16,654 0 0 $0
Scott Sharp EVP, Chief Generation Officer March 2, 2026 A 30,274 0 0 $0
Melissa Ostrom SVP, Controller March 2, 2026 A 12,330 0 0 $0
Patricia Correa SVP, Chief Human Resources Off March 2, 2026 A 25,081 0 0 $0
Timothy John O'Connor EVP, Chief Operations Officer Feb. 25, 2025 M 20,857 0 0 $0
Robert Berntsen EVP, Chief Legal Jan. 2, 2025 A 6,283 0 0 $0
Frank P Prager SVP, Strategy and External Aff Aug. 16, 2024 S 28,705 0 0 $0
Brett C Carter EVP, Group President Utilitie May 1, 2023 S 8,146 0 0 $0
Jeffrey S Savage SVP and Controller Feb. 22, 2022 M 25,679 0 0 $0
Darla Figoli EVP, Chief Human Resources Off Jan. 3, 2022 A 48,689 0 0 $0
Benjamin G S Fowke III Executive Chairman Dec. 13, 2021 S 150,555 0 0 $0
Kent T Larson EVP, Group Pres, Operations March 5, 2020 S 50,797 0 0 $0
David L Eves EVP and Group President Utilit March 5, 2020 S 37,066 0 0 $0
Scott M Wilensky EVP and General Counsel March 3, 2020 S 76,057 0 0 $0
Judy M. Poferl SVP, Corp Secretary, Exec Svcs Feb. 25, 2020 I 7,682 0 0 $0
Marvin E. Mcdaniel Jr. EVP & CAO March 1, 2018 F 102,714 0 0 $0
George E Tyson II SVP and Treasurer Feb. 17, 2015 F 63,586 0 0 $0
Robert R Palmer Sr. VP, Pub Policy, Ext Affair March 3, 2014 F 19,133 0 0 $0
David M Sparby Senior VP and Group President March 3, 2014 F 119,543 0 0 $0
HART CATHY J VP & Corporate Secretary March 1, 2013 F 76,206 0 0 $0
Dennis L Koehl Senior VP & CNO Sept. 17, 2012 A 27,550 0 0 $0
Michael C Connelly SVP, Strategy and Planning March 1, 2012 F 114,409 0 0 $0
Raymond E Gogel VP, Xcel Energy Services Inc. March 3, 2008 F 60,771 0 0 $0
WILKS DAVID M VP, Xcel Energy Services Inc. March 3, 2008 F 132,771 0 0 $0
BONAVIA PAUL J VP, Xcel Energy Services Inc. March 3, 2008 F 147,731 0 0 $0
VINCENT PATRICIA K VP, Xcel Energy Services Inc. June 5, 2007 M 83,659 0 0 $0
Gary Ronald Johnson VP and General Counsel Feb. 21, 2007 F 92,025 0 0 $0
BRUNETTI WAYNE H Chairman Dec. 15, 2005 A 295,356 0 0 $0
Gary Robert Johnson VP and General Counsel March 29, 2004 F 39,476 0 0 $0
Maria Demaree Hutchinson Director May 21, 2026 A 3,234 0 0 $0
George J Kehl Director May 21, 2026 A 19,425 0 0 $0
Lynn Casey Director May 21, 2026 A 43,123 0 0 $0
Timothy A Welsh Director May 21, 2026 A 17,018 0 0 $0
Devin W Stockfish Director May 21, 2026 A 7,798 0 0 $0
Netha N. Johnson Director May 21, 2026 A 19,340 0 0 $0
Charles G Pardee Director May 21, 2026 A 33,311 0 0 $0
Megan D Burkhart Director May 21, 2026 A 23,257 0 0 $0
Patricia L Kampling Director May 21, 2026 A 24,551 0 0 $0
James T Prokopanko Director May 22, 2025 A 37,882 0 0 $0
Richard T Obrien Director May 22, 2025 A 100,045 0 0 $0
Christopher J. Policinski Director March 28, 2025 A 140,042 0 0 $0
Kim Williams Director Dec. 5, 2024 G 112,359 0 0 $0
Daniel Yohannes Director May 22, 2024 A 24,057 0 0 $0
David A Westerlund Director March 28, 2022 A 153,496 0 0 $0
Timothy V Wolf Director March 28, 2022 A 78,237 0 0 $0
James J. Sheppard Director June 1, 2020 S 0 0 0 $0
David K Owens Director May 22, 2020 A 10,783 0 0 $0
Patricia A Sampson Director May 22, 2020 A 156,370 0 0 $0
Richard K Davis Director May 15, 2019 A 13,481 0 0 $0
Gail Boudreaux Director Dec. 28, 2017 A 1,780 0 0 $0
MORENO ALBERT F Director March 28, 2016 A 2,325 0 0 $0
Fredric W Corrigan Director May 23, 2013 A 10,000 0 0 $0
BURGESS C CONVEY Director June 26, 2009 A · 0 0 $0
LEATHERDALE DOUGLAS W Director June 26, 2009 A · 0 0 $0
HEMMINGHAUS ROGER R Director June 26, 2009 A · 0 0 $0
Richard H Truly Director May 21, 2009 A · 0 0 $0
Margaret R Preska Director May 21, 2009 A · 0 0 $0
HIRSCHFELD A BARRY Director March 27, 2009 A · 0 0 $0
Ralph R Peterson Director Dec. 28, 2005 A · 0 0 $0
Ronald M Moquist Director Sept. 28, 2005 A · 0 0 $0
David A Christensen Director June 29, 2005 A · 0 0 $0
Richard H Anderson Director May 26, 2005 A · 0 0 $0
STEPHENS W T Director Sept. 28, 2004 A · 0 0 $0
SLIFER RODNEY E Director June 28, 2004 A · 0 0 $0
Allan L Schuman · June 28, 2004 A · 0 0 $0
David E Ripka · March 29, 2004 F 11,872 0 0 $0
PETILLO J T · Jan. 23, 2004 M 15,868 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 142 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
UTES · ETFis Series Trust I 7.07% 1,188,458 NS July 31, 2026 N-PORT
ZAP · Global X Funds 3.97% 234,625 NS July 31, 2026 N-PORT
RSPU · Invesco Exchange-Traded Fund Trust 3.23% 214,340 SH Oct. 2, 2026 Daily
VPU · VANGUARD WORLD FUND 3.19% 4,272,977 SH Aug. 19, 2026 Daily
FUTY · FIDELITY COVINGTON TRUST 3.18% 944,832 NS July 31, 2026 N-PORT
PUI · Invesco Exchange-Traded Fund Trust 3.06% 20,660 SH Oct. 2, 2026 Daily
IDU · iShares Trust 3.02% 517,440 SH Sept. 11, 2026 Daily
IQRA · New York Life Investments Active ET… 2.87% 2,522 NS July 31, 2026 N-PORT
FPWR · First Trust Exchange-Traded Fund IV 2.75% 10,406 NS July 31, 2026 N-PORT
UTSL · Direxion Shares ETF Trust 2.74% 13,245 NS July 31, 2026 N-PORT
FXU · First Trust Exchange-Traded AlphaDE… 2.48% 263,227 NS July 31, 2026 N-PORT
JXI · iShares Trust 2.16% 86,003 SH Sept. 11, 2026 Daily
POWR · iShares, Inc. 1.89% 114,563 SH Sept. 11, 2026 Daily
QFLR · Innovator ETFs Trust 1.74% 116,611 NS July 31, 2026 N-PORT
EMLP · First Trust Exchange-Traded Fund IV 1.48% 781,045 NS July 31, 2026 N-PORT
IGF · iShares Trust 1.28% 1,767,325 SH Sept. 11, 2026 Daily
VRAI · ETFis Series Trust I 1.05% 2,505 NS July 31, 2026 N-PORT
SPLV · Invesco Exchange-Traded Fund Trust … 1.01% 980,632 SH Oct. 2, 2026 Daily
QQQE · Direxion Shares ETF Trust 1.00% 170,976 NS July 31, 2026 N-PORT
PAYR · Federated Hermes ETF Trust 0.97% 7,121 NS July 31, 2026 N-PORT
QNXT · iShares Trust 0.90% 3,265 SH Sept. 11, 2026 Daily
VOE · VANGUARD INDEX FUNDS 0.86% 4,010,118 SH Aug. 19, 2026 Daily
DVY · iShares Trust 0.85% 2,661,754 SH Sept. 11, 2026 Daily
PGX · Invesco Exchange-Traded Fund Trust … 0.78% 1,346,701 Oct. 2, 2026 Daily
EIPX · First Trust Exchange-Traded Fund IV 0.73% 52,742 NS July 31, 2026 N-PORT
TRFM · ETF Series Solutions 0.71% 22,567 NS July 31, 2026 N-PORT
NFRA · FlexShares Trust 0.67% 257,880 NS July 31, 2026 N-PORT
IMCV · iShares Trust 0.66% 101,709 SH Sept. 11, 2026 Daily
SPVM · Invesco Exchange-Traded Fund Trust 0.64% 11,883 SH Oct. 2, 2026 Daily
QUAL · iShares Trust 0.51% 3,137,941 SH Sept. 11, 2026 Daily
FTA · First Trust Exchange-Traded AlphaDE… 0.49% 87,464 NS July 31, 2026 N-PORT
VO · VANGUARD INDEX FUNDS 0.48% 13,528,730 SH Aug. 19, 2026 Daily
USMV · iShares Trust 0.48% 1,497,087 SH Sept. 11, 2026 Daily
IWS · iShares Trust 0.46% 932,915 SH Sept. 11, 2026 Daily
PFF · iShares Trust 0.38% 2,202,425 SH Sept. 11, 2026 Daily
IWR · iShares Trust 0.35% 2,558,822 SH Sept. 11, 2026 Daily
IMCB · iShares Trust 0.33% 73,323 SH Sept. 11, 2026 Daily
DGRO · iShares Trust 0.31% 1,772,349 SH Sept. 11, 2026 Daily
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.31% 18,167 NS July 31, 2026 N-PORT
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.30% 17,903 NS July 31, 2026 N-PORT
BSCT · Invesco Exchange-Traded Self-Indexe… 0.27% 8,387,000 Oct. 2, 2026 Daily
XOEF · iShares Trust 0.27% 784 SH Sept. 11, 2026 Daily
VRP · Invesco Exchange-Traded Fund Trust … 0.26% 8,310,000 Oct. 2, 2026 Daily
FEX · First Trust Exchange-Traded AlphaDE… 0.26% 52,642 NS July 31, 2026 N-PORT
BSCQ · Invesco Exchange-Traded Self-Indexe… 0.25% 8,037,000 Oct. 2, 2026 Daily
FAB · First Trust Exchange-Traded AlphaDE… 0.25% 5,283 NS July 31, 2026 N-PORT
FDLO · FIDELITY COVINGTON TRUST 0.23% 42,065 NS July 31, 2026 N-PORT
QYLD · Global X Funds 0.23% 236,292 NS July 31, 2026 N-PORT
QYLG · Global X Funds 0.23% 4,612 NS July 31, 2026 N-PORT
PTNQ · Pacer Funds Trust 0.22% 34,143 NS July 31, 2026 N-PORT
QQWZ · Pacer Funds Trust 0.22% 1,439 NS July 31, 2026 N-PORT
QTR · Global X Funds 0.22% 215 NS July 31, 2026 N-PORT
VIG · VANGUARD SPECIALIZED FUNDS 0.22% 3,526,802 SH Aug. 19, 2026 Daily
QRMI · Global X Funds 0.22% 397 NS July 31, 2026 N-PORT
QCLR · Global X Funds 0.21% 89 NS July 31, 2026 N-PORT
VYM · VANGUARD WHITEHALL FUNDS 0.21% 2,490,851 SH Aug. 19, 2026 Daily
QSIX · Pacer Funds Trust 0.21% 482 NS July 31, 2026 N-PORT
PFIG · Invesco Exchange-Traded Fund Trust … 0.20% 286,000 Oct. 2, 2026 Daily
EUSA · iShares, Inc. 0.19% 49,136 SH Sept. 11, 2026 Daily
EQAL · Invesco Exchange-Traded Fund Trust … 0.19% 21,574 SH Oct. 2, 2026 Daily
RSP · Invesco Exchange-Traded Fund Trust 0.19% 2,561,727 SH Oct. 2, 2026 Daily
VTV · VANGUARD INDEX FUNDS 0.19% 5,930,865 SH Aug. 19, 2026 Daily
QQQM · Invesco Exchange-Traded Fund Trust … 0.19% 2,873,065 SH Oct. 2, 2026 Daily
QQQ · Invesco QQQ Trust, Series 1 0.19% 13,078,965 SH Oct. 2, 2026 Daily
ROUS · Lattice Strategies Trust 0.18% 16,136 NS July 31, 2026 N-PORT
SIZE · iShares Trust 0.18% 10,006 SH Sept. 11, 2026 Daily
VOOV · VANGUARD ADMIRAL FUNDS 0.17% 143,800 SH Aug. 19, 2026 Daily
PFM · Invesco Exchange-Traded Fund Trust 0.16% 17,781 SH Oct. 1, 2026 Daily
IVE · iShares Trust 0.16% 1,035,800 SH Sept. 11, 2026 Daily
IUSV · iShares Trust 0.15% 544,899 SH Sept. 11, 2026 Daily
BSCS · Invesco Exchange-Traded Self-Indexe… 0.14% 5,107,000 Oct. 1, 2026 Daily
VONV · VANGUARD SCOTTSDALE FUNDS 0.14% 376,924 SH Aug. 19, 2026 Daily
ILCV · iShares Trust 0.14% 24,247 SH Sept. 11, 2026 Daily
IWD · iShares Trust 0.13% 1,388,944 SH Sept. 11, 2026 Daily
ACWV · iShares, Inc. 0.12% 51,179 SH Sept. 11, 2026 Daily
EGLE · Global X Funds 0.11% 32 NS July 31, 2026 N-PORT
BSCR · Invesco Exchange-Traded Self-Indexe… 0.11% 5,256,000 Oct. 2, 2026 Daily
JFLI · J.P. Morgan Exchange-Traded Fund Tr… 0.10% 584 NS July 31, 2026 N-PORT
PRF · Invesco Exchange-Traded Fund Trust 0.09% 125,822 SH Oct. 2, 2026 Daily
TOPC · iShares Trust 0.09% 380 SH Sept. 11, 2026 Daily
QVML · Invesco Exchange-Traded Fund Trust … 0.08% 19,628 SH Oct. 2, 2026 Daily
VOO · VANGUARD INDEX FUNDS 0.08% 16,228,841 SH Aug. 19, 2026 Daily
VV · VANGUARD INDEX FUNDS 0.08% 729,089 SH Aug. 19, 2026 Daily
TOV · EA Series Trust 0.08% 2,593 NS July 31, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.08% 125,170 NS July 31, 2026 N-PORT
XTR · Global X Funds 0.08% 48 NS July 31, 2026 N-PORT
XCLR · Global X Funds 0.08% 35 NS July 31, 2026 N-PORT
CATH · Global X Funds 0.08% 12,742 NS July 31, 2026 N-PORT
XRMI · Global X Funds 0.08% 484 NS July 31, 2026 N-PORT
BBUS · J.P. Morgan Exchange-Traded Fund Tr… 0.08% 86,108 NS July 31, 2026 N-PORT
CHRI · Global X Funds 0.08% 77 NS July 31, 2026 N-PORT
VOTE · TCW ETF Trust 0.08% 10,562 NS July 31, 2026 N-PORT
XYLG · Global X Funds 0.07% 613 NS July 31, 2026 N-PORT
XYLD · Global X Funds 0.07% 30,756 NS July 31, 2026 N-PORT
BKLC · BNY Mellon ETF Trust 0.07% 51,397 NS July 31, 2026 N-PORT
IVV · iShares Trust 0.07% 7,868,477 SH Sept. 11, 2026 Daily
PTLC · Pacer Funds Trust 0.07% 29,939 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.07% 189,955 NS July 31, 2026 N-PORT
ILCB · iShares Trust 0.07% 12,098 SH Sept. 11, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.07% 19,819,893 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.07% 103,567 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.07% 52,546 SH Aug. 19, 2026 Daily
RWL · Invesco Exchange-Traded Fund Trust … 0.07% 95,494 SH Oct. 2, 2026 Daily
SPUU · Direxion Shares ETF Trust 0.07% 2,355 NS July 31, 2026 N-PORT
ACVF · ETF Opportunities Trust 0.07% 1,360 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.07% 29,651 NS July 31, 2026 N-PORT
QDPL · Pacer Funds Trust 0.07% 15,010 NS July 31, 2026 N-PORT
VOXP · Advisors Series Trust 0.07% 51 NS July 31, 2026 N-PORT
PBP · Invesco Exchange-Traded Fund Trust 0.07% 3,715 SH Oct. 1, 2026 Daily
PBUS · Invesco Exchange-Traded Fund Trust … 0.07% 108,182 SH Oct. 2, 2026 Daily
IWB · iShares Trust 0.07% 430,971 SH Sept. 11, 2026 Daily
IYY · iShares Trust 0.07% 26,720 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.06% 171,524 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.06% 803,684 SH Sept. 11, 2026 Daily
PEVC · Pacer Funds Trust 0.06% 19 NS July 31, 2026 N-PORT
HCMT · Direxion Shares ETF Trust 0.06% 4,345 NS July 31, 2026 N-PORT
SPXL · Direxion Shares ETF Trust 0.06% 48,810 NS July 31, 2026 N-PORT
PHDG · Invesco Actively Managed Exchange-T… 0.06% 492 SH Oct. 1, 2026 Daily
TOK · iShares Trust 0.06% 1,741 SH Sept. 11, 2026 Daily
TILT · FlexShares Trust 0.05% 15,326 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.05% 327,219 NS July 31, 2026 N-PORT
URTH · iShares, Inc. 0.05% 55,675 SH Sept. 11, 2026 Daily
ACWI · iShares Trust 0.05% 199,701 SH Sept. 11, 2026 Daily
LGDX · Tidal Trust III 0.04% 779 NS July 31, 2026 N-PORT
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.04% 512,643 SH Aug. 19, 2026 Daily
OMFL · Invesco Exchange-Traded Self-Indexe… 0.02% 16,297 SH Oct. 2, 2026 Daily
GTOS · Invesco Actively Managed Exchange-T… 0.00% 3,000 Sept. 30, 2026 Daily
GTO · Invesco Actively Managed Exchange-T… 0.00% 6,000 Sept. 30, 2026 Daily
DYNF · BlackRock ETF Trust 0.00% 294 SH Sept. 10, 2026 Daily
BIV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BLV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BSV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BND · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
VCRB · VANGUARD MALVERN FUNDS · · July 15, 2026 Daily
VPLS · VANGUARD MALVERN FUNDS · · July 15, 2026 Daily
VGMS · VANGUARD MALVERN FUNDS · · July 15, 2026 Daily
VCSH · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VCIT · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VCLT · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VTC · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily
BNDW · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily
IFRA · iShares Trust · 762,067 SH Sept. 11, 2026 Daily

XEL Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 23 analysts BUY
Median target $92.00 +28.9%
7 30.4% Strong Buy
14 60.9% Buy
2 8.7% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

18 analysts · 2026-10-02

Mean target $90.61 +26.9%

← Below all targets Current price $71.40
Low$74.00 Mean$90.61 High$101.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
XEL $46.06B 21.6 · · 9.4% ·
NEE $167.22B 24.3 9.8% 26.5% 13.1% ·
SO · · · · · ·
CEG $110.22B 47.7 8.3% 9.1% 16.8% ·
DUK $91.19B 18.6 5.6% 15.7% 9.7% ·
AEP · 17.3 10.9% 16.9% 12.7% ·
ETR · 23.6 9.0% 13.7% 11.1% ·
EXC $44.59B 15.3 5.3% 11.4% 9.9% ·
PCG $35.32B 13.6 2.1% 10.8% 8.6% ·
FE $25.87B 25.4 12.0% 6.8% 8.2% ·
PPL · · · · · ·

Latest News Recent headlines mentioning this company

23

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

25

No open signal right now — no card is filled, and that's honest.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Apr 30, 2026