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
DateValue
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