Xcel Energy (XEL) Deferred Taxes (2009 - 2026)
Xcel Energy (XEL) reported Deferred Taxes of -$5.0 million for Q1 2026, down 138.46% on a YoY basis from $13.0 million in Q1 2025, and down 126.32% sequentially from $19.0 million in Q4 2025.
Xcel Energy (XEL) Deferred Taxes (2009 - 2026) Analysis & Trends
Xcel Energy (XEL) has 18 years of Deferred Taxes data on file, last reported at -$5.0 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes fell 138.46% year-over-year to -$5.0 million; the trailing twelve-month figure through Mar 2026 stood at $396.0 million (up 371.43% YoY), and the FY2025 full-year result was $414.0 million, up 84.0% from the prior year.
- Deferred Taxes retreated to -$5.0 million in Q1 2026, from $19.0 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $269.0 million in Q2 2025 to a low of -$181.0 million in Q4 2024.
- A 5-year average of $25.6 million and a median of $19.0 million in 2023 frame the typical range for Deferred Taxes.
- Peak annual rise in Deferred Taxes reached 536.84% in 2024, while the deepest fall reached 258.77% in 2024.
- Tracing XEL's Deferred Taxes over 5 years: stood at -$55.0 million in 2022, then jumped by 307.27% to $114.0 million in 2023, then sank by 258.77% to -$181.0 million in 2024, then surged by 110.5% to $19.0 million in 2025, then plunged by 126.32% to -$5.0 million in 2026.
- Business Quant data shows XEL's Deferred Taxes at -$5.0 million in Q1 2026, $19.0 million in Q4 2025, and $113.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 22.61 Mn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 284.00 Mn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | -5.00 Mn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 27.80 Mn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 56.00 Mn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 610.00 Mn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 139.00 Mn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 28.44 Mn |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 82.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -44.00 Mn |