Xcel Energy (XEL) Change in Inventory (2009 - 2026)
Xcel Energy's Change in Inventory came in at $161 million for Q3 2026, up 53.3% from $105 million a year earlier and up 177.6% from the prior quarter.
Xcel Energy (XEL) Change in Inventory (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Xcel Energy reported Change in Inventory of $315 million, up 16.2% year-over-year; for FY2025, it was $300 million, up 114.3% from FY2024.
- Change in Inventory carries a five-year compound annual growth rate of 30.3% (FY2020 to FY2025).
- Going back by year, Change in Inventory was $140 million in FY2024 (+42.9%), $98 million in FY2023 (-51.7%), $203 million in FY2022 (+61.1%) and $126 million in FY2021 (+57.5%).
- The Q3 2026 figure represents the highest quarterly Change in Inventory since Q4 2023.
- Year-over-year, Change in Inventory increased in four of the last six quarters, with growth averaging 21.5%.
- The fastest year-over-year change in Change in Inventory over five years came in Q2 2022 (growth of 371.9%), and the weakest in Q3 2023 (a decline of 88.2%).
- Business Quant data shows XEL's Change in Inventory at $58 million (Q2 2026), -$2 million (Q1 2026) and $98 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 5.70 Mn |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | - |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | - |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | -164.00 Mn |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | -243.00 Mn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | - |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | -18.82 Mn |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | - |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - | 161.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 161.00 Mn |
| Jun 30, 2026 | 58.00 Mn |
| Mar 31, 2026 | -2.00 Mn |
| Dec 31, 2025 | 98.00 Mn |
| Sep 30, 2025 | 105.00 Mn |
| Jun 30, 2025 | 93.00 Mn |
| Mar 31, 2025 | 4.00 Mn |
| Dec 31, 2024 | 69.00 Mn |
| Sep 30, 2024 | 69.00 Mn |
| Jun 30, 2024 | 52.00 Mn |
| Mar 31, 2024 | -50.00 Mn |
| Dec 31, 2023 | 171.00 Mn |
| Sep 30, 2023 | 27.00 Mn |
| Jun 30, 2023 | 89.00 Mn |
| Mar 31, 2023 | -189.00 Mn |
| Dec 31, 2022 | -69.00 Mn |
| Sep 30, 2022 | 228.00 Mn |
| Jun 30, 2022 | 151.00 Mn |
| Mar 31, 2022 | -107.00 Mn |
| Dec 31, 2021 | 44.00 Mn |
Xcel Energy Change in Inventory 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=change-in-inventory&ticker=XEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();