Xcel Energy (XEL) Capital Expenditures (2009 - 2026)
Xcel Energy (XEL) reported Capital Expenditures of $1.3 billion for Q1 2026, down 33.85% on a YoY basis from $2.0 billion in Q1 2025, and down 61.75% sequentially from $3.4 billion in Q4 2025.
Xcel Energy (XEL) Capital Expenditures (2009 - 2026) Analysis & Trends
Xcel Energy (XEL) has 18 years of Capital Expenditures data on file, last reported at $1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures fell 33.85% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $10.2 billion (up 623.32% YoY), and the FY2025 full-year result was $10.9 billion, up 1031.54% from the prior year.
- Capital Expenditures retreated to $1.3 billion in Q1 2026, from $3.4 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $6.4 billion in Q3 2025 to a low of -$2.7 billion in Q4 2022.
- A 5-year average of $845.1 million and a median of $449.0 million in 2023 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures plunged 270.43% in 2023 and jumped 2790.95% in 2025, its largest moves.
- Tracing XEL's Capital Expenditures over 5 years: stood at -$2.7 billion in 2022, then soared by 105.34% to $144.0 million in 2023, then surged by 54.86% to $223.0 million in 2024, then jumped by 1441.7% to $3.4 billion in 2025, then plunged by 61.75% to $1.3 billion in 2026.
- Business Quant data shows XEL's Capital Expenditures at $1.3 billion in Q1 2026, $3.4 billion in Q4 2025, and $6.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | -1.10 Bn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 3.02 Bn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 1.32 Bn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | - |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 1.57 Bn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 1.89 Bn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 412.00 Mn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | - |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 601.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.32 Bn |
| Mar 31, 2026 | 1.32 Bn |
| Dec 31, 2025 | 3.44 Bn |
| Dec 31, 2025 | 3.44 Bn |
| Sep 30, 2025 | 6.39 Bn |
| Sep 30, 2025 | 6.39 Bn |
| Jun 30, 2025 | -907.00 Mn |
| Jun 30, 2025 | -907.00 Mn |
| Mar 31, 2025 | 1.99 Bn |
| Mar 31, 2025 | 1.99 Bn |
| Dec 31, 2024 | 223.00 Mn |
| Dec 31, 2024 | 223.00 Mn |
| Sep 30, 2024 | 221.00 Mn |
| Sep 30, 2024 | 221.00 Mn |
| Jun 30, 2024 | -1.02 Bn |
| Jun 30, 2024 | -1.02 Bn |
| Mar 31, 2024 | 1.54 Bn |
| Mar 31, 2024 | 1.54 Bn |
| Dec 31, 2023 | 144.00 Mn |
| Dec 31, 2023 | 144.00 Mn |