Xcel Energy (XEL) Capital Expenditures (2009 - 2026)

Xcel Energy's Capital Expenditures history runs 18 years deep, the most recent figure standing at $1.3 billion for Q1 2026.

• In Q1 2026, Capital Expenditures fell 33.85% year-over-year to $1.3 billion; the TTM figure through Mar 2026 stood at $497.0 million (down 94.42% YoY), while the FY2025 annual figure was $1.2 billion, down 84.11% from the prior year.
• Capital Expenditures came in at $1.3 billion for Q1 2026 at Xcel Energy, up from -$6.3 billion in the prior quarter.
• In the past five years, Capital Expenditures ranged from a high of $4.6 billion in Q3 2024 to a low of -$6.3 billion in Q4 2025.
• A 5-year average of $884.7 million and a median of $1.3 billion in 2026 frame the typical range for Capital Expenditures.
• Across the five-year window, Capital Expenditures soared 20612.5% in 2023 and plunged 384.17% in 2025, its largest moves.
• Xcel Energy's Capital Expenditures stood at $4.2 billion in 2022, then plunged by 186.86% to -$3.7 billion in 2023, then soared by 160.13% to $2.2 billion in 2024, then slumped by 384.17% to -$6.3 billion in 2025, then jumped by 120.87% to $1.3 billion in 2026.
• According to Business Quant data, Capital Expenditures over the past three periods registered $1.3 billion, -$6.3 billion, and $3.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

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