Xcel Energy (XEL) Construction in Progress (2009 - 2026)
Xcel Energy's (XEL) quarterly Construction in Progress came in at $9.8 billion in Q2 2026, up 48.77% year-over-year from $6.6 billion in Q2 2025, and up 4.18% quarter-over-quarter from $9.4 billion in Q1 2026.
Analysis
Xcel Energy (XEL) Construction in Progress (2009 - 2026) Analysis & Trends
Xcel Energy has disclosed Construction in Progress across 6 years of filings, most recently posting $9.8 billion for Q2 2026.
- In Q2 2026, Construction in Progress rose 48.77% year-over-year to $9.8 billion; the TTM figure through Jun 2026 stood at $9.8 billion (up 48.77% YoY), while the FY2025 annual figure was $8.1 billion, up 71.29% from the prior year.
- Construction in Progress came in at $9.8 billion for Q2 2026 at Xcel Energy, up from $9.4 billion in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $9.8 billion in Q2 2026 to a low of $2.9 billion in Q4 2023.
- Average Construction in Progress over 4 years is $6.7 billion, with a median of $6.6 billion recorded in 2025.
- Year-over-year, Construction in Progress soared 71.29% in 2025 and jumped 48.77% in 2026.
- Over 4 years, Construction in Progress stood at $2.9 billion in 2023, then surged by 64.29% to $4.7 billion in 2024, then soared by 71.29% to $8.1 billion in 2025, then advanced by 21.65% to $9.8 billion in 2026.
- Per Business Quant data, the three most recent Construction in Progress figures were $9.8 billion in Q2 2026, $9.4 billion in Q1 2026, and $8.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 307.79 Bn | 307.79 Bn | 890.00 Mn | - |
| 2 | Dominion Energy | 57.22 Bn | 56.43 Bn | 3.50 Bn | - |
| 3 | Xcel Energy | 47.14 Bn | 45.13 Bn | 3.12 Bn | 9.84 Bn |
| 4 | Wec Energy | 34.41 Bn | 34.36 Bn | 1.45 Bn | - |
| 5 | Ameren | 29.10 Bn | 29.09 Bn | - | - |
| 6 | Firstenergy | 26.75 Bn | 26.56 Bn | 2.51 Bn | 3.93 Bn |
| 7 | Hydro One | 22.65 Bn | 22.19 Bn | - | - |
| 8 | Edison International | 21.81 Bn | 21.57 Bn | 3.29 Bn | - |
| 9 | Cms Energy | 21.02 Bn | 20.78 Bn | 3.65 Bn | 3.60 Bn |
| 10 | Connecticut Light & Power | 19.56 Bn | 19.60 Bn | 4.00 Bn | 3.35 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.84 Bn |
| 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 |