Xcel Energy (XEL) Construction in Progress (2009 - 2026)
Xcel Energy (XEL) posted Construction in Progress of $9.8 billion for Q2 2026, up 4.18% sequentially from $9.4 billion in Q1 2026, and up 48.77% YoY from $6.6 billion in Q2 2025.
Xcel Energy (XEL) Construction in Progress (2009 - 2026) Analysis & Trends
Xcel Energy has reported Construction in Progress for 6 years, with the latest figure at $9.8 billion in Q2 2026.
- Quarterly Construction in Progress rose 48.77% year-over-year to $9.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $9.8 billion (up 48.77% YoY) and the FY2025 annual result came in at $8.1 billion, up 71.29% from the prior year.
- Construction in Progress grew to $9.8 billion in Q2 2026 per XEL's latest filing, from $9.4 billion in the prior quarter.
- Over five years, Construction in Progress peaked at $9.8 billion in Q2 2026 and troughed at $2.9 billion in Q4 2023.
- A 4-year average of $6.7 billion and a median of $6.6 billion in 2025 frame the typical range for Construction in Progress.
- The sharpest annual moves came in 2025 and 2026: Construction in Progress jumped 71.29% in 2025, then surged 48.77% in 2026.
- Over 4 years, Construction in Progress 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 grew by 21.65% to $9.8 billion in 2026.
- According to Business Quant data, Construction in Progress over the past three periods registered $9.8 billion, $9.4 billion, and $8.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.79 Bn | 75.98 Bn | - | - |
| 2 | Dominion Energy | 59.38 Bn | 58.60 Bn | 3.50 Bn | - |
| 3 | Xcel Energy | 49.05 Bn | 47.04 Bn | 3.12 Bn | 9.84 Bn |
| 4 | Wec Energy | 35.29 Bn | 35.24 Bn | 1.45 Bn | - |
| 5 | Ameren | 29.94 Bn | 29.93 Bn | - | - |
| 6 | Fortis | 28.66 Bn | 28.66 Bn | 1.60 Bn | - |
| 7 | Edison International | 28.42 Bn | 28.18 Bn | 3.29 Bn | - |
| 8 | Firstenergy | 27.03 Bn | 26.84 Bn | 2.51 Bn | 3.93 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Cms Energy | 21.63 Bn | 21.39 Bn | 3.65 Bn | 3.60 Bn |
Historic Data
Download 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 |