Xcel Energy (XEL) Construction in Progress (2009 - 2026)
Xcel Energy (XEL) reported Construction in Progress of $9.84 billion for Q2 2026, up 48.8% from $6.61 billion a year earlier and up 4.2% from the prior quarter.
Xcel Energy (XEL) Construction in Progress (2009 - 2026) Analysis & Trends
At the end of FY2025, Xcel Energy posted Construction in Progress of $8.09 billion, up 71.3% from FY2024.
- By year, Construction in Progress came in at $4.72 billion in FY2024 (+64.3%) and $2.87 billion in FY2023.
- The Q2 2026 figure ranks as the highest quarterly Construction in Progress in data going back to Q4 2009.
- Year over year, Construction in Progress has now increased in each of the last four quarters, with growth averaging 61.6% over the last five quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at $9.44 billion (Q1 2026), $8.09 billion (Q4 2025) and $8.02 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | - |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 9.84 Bn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | - |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | - |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | - |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | - |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | - |
| 10 | Dte Energy | 25.35 Bn | 24.83 Bn | - | - |
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 |
Xcel Energy Construction in Progress API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=construction-in-progress&ticker=XEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "ticker": "XEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=construction-in-progress&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();