Xcel Energy (XEL) Construction in Progress (2009 - 2026)

Xcel Energy (XEL) reported Construction in Progress of $9.4 billion for Q1 2026, up 58.5% on a YoY basis from $6.0 billion in Q1 2025, and up 16.76% sequentially from $8.1 billion in Q4 2025.

Xcel Energy (XEL) Construction in Progress (2009 - 2026) Analysis & Trends

Xcel Energy (XEL) has 6 years of Construction in Progress data on file, last reported at $9.4 billion in Q1 2026.

  • For the quarter ending Q1 2026, Construction in Progress rose 58.5% year-over-year to $9.4 billion; the trailing twelve-month figure through Mar 2026 stood at $9.4 billion (up 58.5% YoY), and the FY2025 full-year result was $8.1 billion, up 71.29% from the prior year.
  • Construction in Progress improved to $9.4 billion in Q1 2026, from $8.1 billion in the prior quarter.
  • In the past five years, Construction in Progress ranged from a high of $9.4 billion in Q1 2026 to a low of $2.9 billion in Q4 2023.
  • A 4-year average of $6.3 billion and a median of $6.3 billion in 2025 frame the typical range for Construction in Progress.
  • Across the five-year window, Construction in Progress surged 71.29% in 2025 and soared 58.5% in 2026, its largest moves.
  • Tracing XEL's Construction in Progress over 4 years: stood at $2.9 billion in 2023, then jumped by 64.29% to $4.7 billion in 2024, then surged by 71.29% to $8.1 billion in 2025, then climbed by 16.76% to $9.4 billion in 2026.
  • Business Quant data shows XEL's Construction in Progress at $9.4 billion in Q1 2026, $8.1 billion in Q4 2025, and $8.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn -
2 Dominion Energy 62.80 Bn 67.01 Bn - -
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 9.44 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 - -
7 Edison International 30.65 Bn 30.49 Bn - 6.72 Bn
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 3.91 Bn
9 Hydro One 25.14 Bn 25.13 Bn - -
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 3.59 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.44 Bn
Dec 31, 2025 8.09 Bn
Sep 30, 2025 8.02 Bn
Jun 30, 2025 6.61 Bn
Mar 31, 2025 5.96 Bn
Dec 31, 2024 4.72 Bn
Sep 30, 2024 4.85 Bn
Dec 31, 2023 2.87 Bn
Dec 31, 2010 1.19 Bn
Sep 30, 2010 1.67 Bn
Jun 30, 2010 1.36 Bn
Dec 31, 2009 1.77 Bn