Xcel Energy (XEL) Debt Ratio (2009 - 2026)
Xcel Energy (XEL) posted Debt Ratio of 0.45 for Q2 2026, up 3.69% sequentially from 0.44 in Q1 2026, and up 6.01% YoY from 0.43 in Q2 2025.
Xcel Energy (XEL) Debt Ratio (2009 - 2026) Analysis & Trends
Xcel Energy has reported Debt Ratio for 18 years, with the latest figure at 0.45 in Q2 2026.
- Quarterly Debt Ratio rose 6.01% year-over-year to 0.45 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.45 (up 6.01% YoY) and the FY2025 annual result came in at 0.42, up 2.62% from the prior year.
- Debt Ratio climbed to 0.45 in Q2 2026 per XEL's latest filing, from 0.44 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.45 in Q2 2026 and troughed at 0.39 in Q4 2022.
- A 5-year average of 0.42 and a median of 0.42 in 2024 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2026: Debt Ratio dropped 1.96% in 2022, then rose 6.01% in 2026.
- Over 5 years, Debt Ratio stood at 0.39 in 2022, then grew by 3.86% to 0.4 in 2023, then advanced by 1.18% to 0.41 in 2024, then advanced by 2.62% to 0.42 in 2025, then increased by 8.71% to 0.45 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.45, 0.44, and 0.42 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 0.42 |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 0.45 |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 0.40 |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 0.40 |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 0.46 |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 0.46 |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 0.49 |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 0.49 |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn | 0.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.45 |
| Mar 31, 2026 | 0.42 |
| Dec 31, 2025 | 0.41 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 0.42 |
| Mar 31, 2025 | 0.42 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.43 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.41 |
| Mar 31, 2023 | 0.39 |
| Dec 31, 2022 | 0.39 |
| Sep 30, 2022 | 0.40 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.39 |
| Sep 30, 2021 | 0.38 |