Growth Metrics

Xcel Energy (XEL) Debt to Equity (2016 - 2025)

Xcel Energy (XEL) has disclosed Debt to Equity for 17 consecutive years, with $0.35 as the latest value for Q4 2025.

  • Quarterly Debt to Equity fell 2.01% to $0.35 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $0.35 through Dec 2025, down 2.01% year-over-year, with the annual reading at $0.35 for FY2025, 2.01% down from the prior year.
  • Debt to Equity hit $0.35 in Q4 2025 for Xcel Energy, down from $1.51 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.51 in Q3 2025 to a low of -$952.33 in Q2 2024.
  • Historically, Debt to Equity has averaged -$445.22 across 5 years, with a median of -$471.07 in 2021.
  • Biggest five-year swings in Debt to Equity: plummeted 227.04% in 2022 and later skyrocketed 100.2% in 2025.
  • Year by year, Debt to Equity stood at -$185.24 in 2021, then tumbled by 227.04% to -$605.79 in 2022, then skyrocketed by 54.87% to -$273.38 in 2023, then skyrocketed by 100.13% to $0.36 in 2024, then dropped by 2.01% to $0.35 in 2025.
  • Business Quant data shows Debt to Equity for XEL at $0.35 in Q4 2025, $1.51 in Q3 2025, and -$803.85 in Q2 2025.