Xcel Energy (XEL) Cash & Equivalents (2009 - 2026)
Xcel Energy's Cash & Equivalents was $2.01 billion in Q2 2026, up 38.2% from $1.45 billion a year earlier and up 14.2% from the prior quarter.
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Analysis
Xcel Energy (XEL) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, Cash & Equivalents at Xcel Energy came in at $274 million, up 53.1% from FY2024.
- Cash & Equivalents has now increased for three consecutive years, with a five-year compound annual growth rate of 16.3% (FY2020 to FY2025).
- In earlier years, Cash & Equivalents was $179 million in FY2024 (+38.8%), $129 million in FY2023 (+16.2%), $111 million in FY2022 (-33.1%) and $166 million in FY2021 (+28.7%).
- The Q2 2026 figure marks the highest quarterly Cash & Equivalents in data going back to Q1 2009.
- Compared with a year earlier, Cash & Equivalents has increased for three straight quarters, with growth averaging 53.8% over the last eight quarters.
- The best year-over-year quarter for Cash & Equivalents over five years was Q2 2024 (growth of 481.1%); the worst was Q1 2022 (a decline of 91.3%).
- Per Business Quant data, XEL's Cash & Equivalents in the three quarters before Q2 2026 was $1.76 billion (Q1 2026), $274 million (Q4 2025) and $1.05 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 2.87 Bn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 2.98 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 2.14 Bn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | 493.98 Mn |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 375.00 Mn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 296.00 Mn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 48.00 Mn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 3.85 Bn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 2.01 Bn |
| 10 | Exelon | 43.40 Bn | 38.71 Bn | - | 1.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.01 Bn |
| Mar 31, 2026 | 1.76 Bn |
| Dec 31, 2025 | 274.00 Mn |
| Sep 30, 2025 | 1.05 Bn |
| Jun 30, 2025 | 1.45 Bn |
| Mar 31, 2025 | 1.12 Bn |
| Dec 31, 2024 | 179.00 Mn |
| Sep 30, 2024 | 1.55 Bn |
| Jun 30, 2024 | 1.60 Bn |
| Mar 31, 2024 | 501.00 Mn |
| Dec 31, 2023 | 129.00 Mn |
| Sep 30, 2023 | 594.00 Mn |
| Jun 30, 2023 | 275.00 Mn |
| Mar 31, 2023 | 114.00 Mn |
| Dec 31, 2022 | 111.00 Mn |
| Sep 30, 2022 | 117.00 Mn |
| Jun 30, 2022 | 335.00 Mn |
| Mar 31, 2022 | 90.00 Mn |
| Dec 31, 2021 | 166.00 Mn |
| Sep 30, 2021 | 631.00 Mn |
API Access
Xcel Energy Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "XEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();