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| Date | Value |
|---|---|
| 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 |