Xcel Energy (XEL) Construction in Progress (2009 - 2026)
Xcel Energy's (XEL) quarterly Construction in Progress came in at $9.4 billion in Q1 2026, up 58.5% year-on-year from $6.0 billion in Q1 2025, and up 16.76% quarter-over-quarter from $8.1 billion in Q4 2025.
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 $9.4 billion for Q1 2026.
- Construction in Progress for Q1 2026 came in at $9.4 billion, up 58.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.4 billion (up 58.5% YoY), and the FY2025 annual result was $8.1 billion, up 71.29% from the prior year.
- Construction in Progress came in at $9.4 billion for Q1 2026 at Xcel Energy, up 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.
- The 4-year median for Construction in Progress is $6.3 billion (2025), against an average of $6.3 billion.
- Across the five-year window, Construction in Progress surged 71.29% in 2025 and soared 58.5% in 2026, its largest moves.
- Xcel Energy's 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 grew by 16.76% to $9.4 billion in 2026.
- The last three Construction in Progress figures came in at $9.4 billion (Q1 2026), $8.1 billion (Q4 2025), and $8.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | - |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | - |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 9.44 Bn |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | - |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | - |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | - |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 6.72 Bn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 3.91 Bn |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 3.59 Bn |
| 10 | Alliant Energy | 18.75 Bn | 18.19 Bn | 854.00 Mn | 1.74 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 |