Xcel Energy Inc
Research Xcel Energy Inc (XEL) on Bullrun: valuation model: 4.7% undervalued, market cap USD 46.07B, P/E 20.2, dividend yield 3.2%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerXEL
- ExchangeNASDAQ
- CountryUnited States
- SectorUtilities
- IndustryUtilities-Regulated Electric
- CurrencyUSD
- Valuation signal4.7% undervalued
- Market capUSD 46.07B
- P/E20.2
- Dividend yield3.2%
- Financial periodQ2 2026
- RevenueUSD 3.12B
- Net incomeUSD 586.00M
- Free cash flow-USD 1.85B
- Gross margin53.1%
Valuation Snapshot
Bullrun's latest valuation model marks Xcel Energy Inc as 4.7% undervalued; latest market cap is USD 46.07B; P/E is 20.2; dividend yield is 3.2%.
Peer valuation comparison
Latest P/E is 20.2x versus a Utilities sector median of 17.4x (16.0% above).
Latest dividend yield is 3.17% versus a Utilities sector median of 3.57% (11.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 14.67B | USD 2.02B | -USD 6.83B | 47.2% | 3.42 | USD 274.00M | USD 33.88B | USD 23.61B |
| FY2024 | USD 13.44B | USD 1.94B | -USD 2.72B | 45.7% | 3.44 | USD 179.00M | USD 28.01B | USD 19.52B |
| FY2023 | USD 14.21B | USD 1.77B | -USD 527.00M | 42.1% | 3.21 | USD 129.00M | USD 26.25B | USD 17.62B |
| FY2022 | USD 15.31B | USD 1.74B | -USD 706.00M | 38.3% | 3.17 | USD 111.00M | USD 24.78B | USD 16.68B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 46.07B | 20.2 | 3.2% | 2.35 |
| 2025 | 2025-12-31 | USD 46.06B | 21.6 | 3.8% | 2.83 |
| 2024 | 2024-12-31 | USD 38.78B | 19.7 | 2.4% | 1.65 |
| 2023 | 2023-12-29 | USD 34.16B | 19.6 | 3.4% | 2.08 |
| 2022 | 2022-12-30 | USD 38.37B | 22.9 | 2.8% | 1.96 |
| 2021 | 2021-12-31 | USD 36.83B | 22.9 | 2.7% | 1.84 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 2.35 USD, yield 3.2%.
| Year | Dividends/share |
|---|---|
| FY2025 | 2.28 USD |
| FY2024 | 2.19 USD |
| FY2023 | 2.08 USD |
| FY2022 | 1.95 USD |
About Xcel Energy Inc
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;
ETFs that hold Xcel Energy Inc
Xcel Energy Inc is one of the ten largest holdings of 4 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| iShares S&P 500 Utilities Sector UCITS ETF USD (Acc) | 3.54% | 0.15% |
| State Street SPDR S&P U.S. Utilities Select Sector UCITS ETF | 3.60% | 0.15% |
| L&G Hydrogen Economy UCITS ETF-USD Acc | 3.68% | 0.49% |
| Global X U.S. Electrification UCITS ETF USD Accumulating | 3.99% | 0.47% |
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Frequently asked questions
Is Xcel Energy Inc overvalued or undervalued?
Bullrun's valuation model currently marks Xcel Energy Inc as 4.7% undervalued.
What is Xcel Energy Inc's market cap?
Xcel Energy Inc's market capitalization is USD 46.07B.
What is Xcel Energy Inc's P/E ratio?
Xcel Energy Inc's price-to-earnings (P/E) ratio is 20.2.
Does Xcel Energy Inc pay a dividend?
Xcel Energy Inc has a dividend yield of 3.2%.
What does Xcel Energy Inc do?
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.