Xcel Energy (XEL) Debt to Equity (2009 - 2026)
Xcel Energy recorded quarterly Debt to Equity of $1.51 in Q1 2026, up 10.52% quarter-over-quarter from $1.37 in Q4 2025, and up 100.16% year-over-year from $0.76 in Q1 2025.
Xcel Energy's Debt to Equity history runs 18 years deep, the most recent figure standing at $1.51 for Q1 2026.
- In Q1 2026, Debt to Equity rose 100.16% year-over-year to $1.51; the TTM figure through Mar 2026 stood at $1.51 (up 100.16% YoY), while the FY2025 annual figure was $1.37, up 100.76% from the prior year.
- Debt to Equity came in at $1.51 for Q1 2026 at Xcel Energy, up from $1.37 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.58 in Q3 2025 to a low of -$950.6 in Q2 2024.
- A 5-year average of -$425.22 and a median of -$412.02 in 2023 frame the typical range for Debt to Equity.
- Across the five-year window, Debt to Equity sank 210.98% in 2024 and jumped 100.76% in 2025, its largest moves.
- Xcel Energy's Debt to Equity stood at -$254.04 in 2022, then plunged by 90.86% to -$484.87 in 2023, then jumped by 62.81% to -$180.31 in 2024, then soared by 100.76% to $1.37 in 2025, then climbed by 10.52% to $1.51 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $1.51, $1.37, and $1.58 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 645.09 Bn | 644.83 Bn | 1.70 Bn | - |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | - |
| 3 | Dominion Energy | 56.77 Bn | 60.97 Bn | 4.03 Bn | 1.44 |
| 4 | Xcel Energy | 47.77 Bn | 45.88 Bn | 3.35 Bn | 1.51 |
| 5 | Wec Energy | 35.40 Bn | 35.76 Bn | 2.83 Bn | 1.52 |
| 6 | Ameren | 29.12 Bn | 29.24 Bn | 1.69 Bn | 1.49 |
| 7 | Korea Electric Power | 28.73 Bn | 13.96 Bn | - | 2.63 |
| 8 | Energy Co Of Parana | 27.30 Bn | 26.65 Bn | - | 0.04 |
| 9 | Edison International | 26.69 Bn | 26.53 Bn | 3.85 Bn | 1.97 |
| 10 | Firstenergy | 26.26 Bn | 27.64 Bn | 2.74 Bn | 1.90 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.51 |
| Dec 31, 2025 | 1.37 |
| Sep 30, 2025 | 1.58 |
| Jun 30, 2025 | -818.44 |
| Mar 31, 2025 | -924.21 |
| Dec 31, 2024 | -180.31 |
| Sep 30, 2024 | -745.03 |
| Jun 30, 2024 | -950.60 |
| Mar 31, 2024 | -379.55 |
| Dec 31, 2023 | -484.87 |
| Sep 30, 2023 | -649.03 |
| Jun 30, 2023 | -305.68 |
| Mar 31, 2023 | -412.02 |
| Dec 31, 2022 | -254.04 |
| Sep 30, 2022 | -427.86 |
| Jun 30, 2022 | -507.41 |
| Mar 31, 2022 | -194.22 |
| Dec 31, 2021 | -303.79 |
| Sep 30, 2021 | -303.01 |
| Jun 30, 2021 | -290.26 |
| Mar 31, 2021 | -166.28 |
| Dec 31, 2020 | -361.23 |
| Sep 30, 2020 | -357.21 |
| Jun 30, 2020 | -239.92 |
| Mar 31, 2020 | -126.86 |
| Dec 31, 2019 | -127.67 |
| Sep 30, 2019 | -124.45 |
| Jun 30, 2019 | -234.57 |
| Mar 31, 2019 | -264.26 |
| Dec 31, 2018 | -135.81 |
| Sep 30, 2018 | -284.73 |
| Jun 30, 2018 | -248.72 |
| Mar 31, 2018 | -226.95 |
| Dec 31, 2017 | -228.87 |
| Sep 30, 2017 | -141.70 |
| Jun 30, 2017 | -136.42 |
| Mar 31, 2017 | -132.59 |
| Dec 31, 2016 | -247.24 |
| Sep 30, 2016 | -266.03 |
| Jun 30, 2016 | -256.19 |
| Mar 31, 2016 | -122.75 |
| Dec 31, 2015 | -240.82 |
| Sep 30, 2015 | -228.69 |
| Jun 30, 2015 | -117.38 |
| Mar 31, 2015 | -110.20 |
| Dec 31, 2014 | -115.77 |
| Sep 30, 2014 | 1.16 |
| Jun 30, 2014 | 1.26 |
| Mar 31, 2014 | 1.18 |
| Dec 31, 2013 | 1.22 |
| Sep 30, 2013 | 1.17 |
| Jun 30, 2013 | 1.19 |
| Mar 31, 2013 | 1.21 |
| Dec 31, 2012 | 1.21 |
| Sep 30, 2012 | 1.18 |
| Jun 30, 2012 | 1.07 |
| Mar 31, 2012 | 1.05 |
| Dec 31, 2011 | 1.07 |
| Sep 30, 2011 | 1.13 |
| Jun 30, 2011 | 1.13 |
| Mar 31, 2011 | 1.14 |
| Dec 31, 2010 | 1.20 |
| Sep 30, 2010 | 1.22 |
| Jun 30, 2010 | 1.21 |
| Mar 31, 2010 | 1.14 |
| Dec 31, 2009 | 1.15 |
| Sep 30, 2009 | 1.17 |
| Jun 30, 2009 | 1.20 |