Xcel Energy XEL
NASDAQ XEL
$72.30 -1.33 (-1.81%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Xcel Energy's (XEL) quarterly Capital Expenditures came in at $2.9 billion in Q2 2026, up 21.47% year-over-year from $2.4 billion in Q2 2025, and down 2.45% quarter-over-quarter from $3.0 billion in Q1 2026.

Analysis

Xcel Energy (XEL) Capital Expenditures (2009 - 2026) Analysis & Trends

Xcel Energy has disclosed Capital Expenditures across 18 years of filings, most recently posting $2.9 billion for Q2 2026.

  • In Q2 2026, Capital Expenditures rose 21.47% year-over-year to $2.9 billion; the TTM figure through Jun 2026 stood at $12.5 billion (up 48.18% YoY), while the FY2025 annual figure was $10.9 billion, up 48.13% from the prior year.
  • Capital Expenditures came in at $2.9 billion for Q2 2026 at Xcel Energy, down from $3.0 billion in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $3.4 billion in Q4 2025 to a low of $942.0 million in Q1 2022.
  • Average Capital Expenditures over 5 years is $1.9 billion, with a median of $1.7 billion recorded in 2023.
  • Year-over-year, Capital Expenditures retreated 8.01% in 2022 and jumped 71.73% in 2025.
  • Over 5 years, Capital Expenditures stood at $1.3 billion in 2022, then advanced by 22.92% to $1.6 billion in 2023, then jumped by 37.36% to $2.2 billion in 2024, then surged by 55.07% to $3.4 billion in 2025, then retreated by 14.25% to $2.9 billion in 2026.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $2.9 billion in Q2 2026, $3.0 billion in Q1 2026, and $3.4 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Enel Chile 290.50 Bn 290.50 Bn 890.00 Mn -
2 Dominion Energy 55.93 Bn 59.84 Bn 3.50 Bn 87.00 Mn
3 Xcel Energy 45.14 Bn 43.13 Bn 3.12 Bn 2.95 Bn
4 Wec Energy 33.62 Bn 33.98 Bn 1.45 Bn 1.26 Bn
5 Ameren 28.30 Bn 28.41 Bn - 1.08 Bn
6 Fortis 27.45 Bn 28.74 Bn 1.60 Bn -1.16 Bn
7 Firstenergy 26.18 Bn 27.48 Bn 2.51 Bn 1.35 Bn
8 Hydro One 22.32 Bn 21.93 Bn - 812.00 Mn
9 Edison International 21.27 Bn 21.03 Bn 3.29 Bn -
10 Cms Energy 20.49 Bn 20.87 Bn 3.65 Bn 2.01 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.95 Bn
Mar 31, 2026 3.02 Bn
Dec 31, 2025 3.44 Bn
Sep 30, 2025 3.06 Bn
Jun 30, 2025 2.43 Bn
Mar 31, 2025 1.99 Bn
Dec 31, 2024 2.22 Bn
Sep 30, 2024 1.78 Bn
Jun 30, 2024 1.83 Bn
Mar 31, 2024 1.54 Bn
Dec 31, 2023 1.61 Bn
Sep 30, 2023 1.64 Bn
Jun 30, 2023 1.33 Bn
Mar 31, 2023 1.27 Bn
Dec 31, 2022 1.31 Bn
Sep 30, 2022 1.29 Bn
Jun 30, 2022 1.10 Bn
Mar 31, 2022 942.00 Mn
Dec 31, 2021 1.21 Bn
Sep 30, 2021 1.07 Bn