Xcel Energy (XEL) Depreciation and Amortization (2009 - 2026)
Xcel Energy (XEL) posted Depreciation and Amortization of $791 million for Q3 2026, up 5.5% from $750 million a year earlier and up 19.5% from the prior quarter.
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Analysis
Xcel Energy (XEL) Depreciation and Amortization (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Depreciation and Amortization at Xcel Energy was $2.97 billion, up 2.5% year-over-year; for FY2025, it came in at $2.95 billion, up 7.6% from FY2024.
- Annual Depreciation and Amortization has increased for 16 consecutive years, with a five-year compound annual growth rate of 8.7% (FY2020 to FY2025).
- In prior years, Xcel Energy's Depreciation and Amortization was $2.74 billion in FY2024 (+12.1%), $2.45 billion in FY2023 (+1.5%), $2.41 billion in FY2022 (+13.8%) and $2.12 billion in FY2021 (+8.9%).
- The Q3 2026 figure stands as the highest quarterly Depreciation and Amortization in data going back to Q1 2009.
- On a year-over-year basis, Depreciation and Amortization increased in seven of the last eight quarters, with growth averaging 5.4%.
- The strongest year-over-year quarter for Depreciation and Amortization in the past five years was Q2 2024, with growth of 24.4%; the weakest was Q2 2023, with a decline of 11.4%.
- According to Business Quant data, Depreciation and Amortization for the three prior quarters was $662 million (Q2 2026), $768 million (Q1 2026) and $753 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | D&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 169.80 Mn |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | -303.00 Mn |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 1.65 Bn |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 1.44 Bn |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 1.71 Bn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 1.03 Bn |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 551.40 Mn |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | -632.00 Mn |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - | 791.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 791.00 Mn |
| Jun 30, 2026 | 662.00 Mn |
| Mar 31, 2026 | 768.00 Mn |
| Dec 31, 2025 | 753.00 Mn |
| Sep 30, 2025 | 750.00 Mn |
| Jun 30, 2025 | 722.00 Mn |
| Mar 31, 2025 | 728.00 Mn |
| Dec 31, 2024 | 702.00 Mn |
| Sep 30, 2024 | 681.00 Mn |
| Jun 30, 2024 | 703.00 Mn |
| Mar 31, 2024 | 658.00 Mn |
| Dec 31, 2023 | 641.00 Mn |
| Sep 30, 2023 | 618.00 Mn |
| Jun 30, 2023 | 565.00 Mn |
| Mar 31, 2023 | 624.00 Mn |
| Dec 31, 2022 | 606.00 Mn |
| Sep 30, 2022 | 607.00 Mn |
| Jun 30, 2022 | 638.00 Mn |
| Mar 31, 2022 | 562.00 Mn |
| Dec 31, 2021 | 535.00 Mn |
API Access
Xcel Energy Depreciation and Amortization 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=depreciation-and-amortization&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization", "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=depreciation-and-amortization&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();