Xcel Energy Inc (XEL) Deferred Taxes (2009 - 2026)
Xcel Energy (XEL) recorded Deferred Taxes of -$23 million in Q2 2026, compared with $269 million a year earlier.
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Xcel Energy Inc (XEL) Deferred Taxes (2009 - 2026) Analysis & Trends
On a TTM basis, Xcel Energy's Deferred Taxes came in at $104 million as of Jun 30, 2026, down 53.2% year-over-year; for FY2025, it came in at $414 million, up 84.0% from FY2024.
- Across earlier years, Deferred Taxes came in at $225 million in FY2024, -$59 million in FY2023, -$140 million in FY2022 and -$79 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Deferred Taxes since Q4 2024.
- On a year-over-year basis, Deferred Taxes rose in two of the last four quarters, with growth averaging 136.0%.
- Per Business Quant, the preceding three quarters came in at -$5 million (Q1 2026), $19 million (Q4 2025) and $113 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -23.00 Mn |
| Mar 31, 2026 | -5.00 Mn |
| Dec 31, 2025 | 19.00 Mn |
| Sep 30, 2025 | 113.00 Mn |
| Jun 30, 2025 | 269.00 Mn |
| Mar 31, 2025 | 13.00 Mn |
| Dec 31, 2024 | -181.00 Mn |
| Sep 30, 2024 | 121.00 Mn |
| Jun 30, 2024 | 131.00 Mn |
| Mar 31, 2024 | 154.00 Mn |
| Dec 31, 2023 | 114.00 Mn |
| Sep 30, 2023 | 19.00 Mn |
| Jun 30, 2023 | -119.00 Mn |
| Mar 31, 2023 | -73.00 Mn |
| Dec 31, 2022 | -55.00 Mn |
| Sep 30, 2022 | 50.00 Mn |
| Jun 30, 2022 | -80.00 Mn |
| Mar 31, 2022 | -55.00 Mn |
| Dec 31, 2021 | -70.00 Mn |
| Sep 30, 2021 | 58.00 Mn |
API Access
Xcel Energy Inc Deferred Taxes 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=deferred-taxes&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();