Xcel Energy (XEL) Depreciation & Amortization (CF) (2011 - 2026)
Xcel Energy (XEL) recorded Depreciation & Amortization (CF) of $822 million in Q3 2026, up 8.9% from $755 million a year earlier and up 25.1% from the prior quarter.
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Analysis
Xcel Energy (XEL) Depreciation & Amortization (CF) (2011 - 2026) Analysis & Trends
On a TTM basis, Xcel Energy's Depreciation & Amortization (CF) came in at $3 billion as of Sep 30, 2026, up 2.3% year-over-year; for FY2025, it came in at $2.97 billion, up 7.2% from FY2024.
- Annual Depreciation & Amortization (CF) has increased for 15 straight years, with a five-year compound annual growth rate of 8.7% (FY2020 to FY2025).
- Across earlier years, Depreciation & Amortization (CF) came in at $2.77 billion in FY2024 (+12.1%), $2.47 billion in FY2023 (+1.4%), $2.44 billion in FY2022 (+13.7%) and $2.14 billion in FY2021 (+9.4%).
- The Q3 2026 figure is the highest quarterly Depreciation & Amortization (CF) in data going back to Q1 2011.
- On a year-over-year basis, Depreciation & Amortization (CF) rose in seven of the last eight quarters, with growth averaging 5.4%.
- Peak year-over-year performance for Depreciation & Amortization (CF) in the last five years was growth of 23.6% in Q2 2024, against a decline of 11.2% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $657 million (Q2 2026), $767 million (Q1 2026) and $752 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 181.60 Bn | 168.35 Bn | - | 1.65 Bn |
| 2 | Southern | 104.77 Bn | 95.83 Bn | 5.92 Bn | 1.60 Bn |
| 3 | Duke Energy | 99.63 Bn | 95.89 Bn | 5.66 Bn | 1.82 Bn |
| 4 | National Grid | 82.14 Bn | 54.44 Bn | - | - |
| 5 | American Electric Power | 68.86 Bn | 66.65 Bn | 4.75 Bn | 1.03 Bn |
| 6 | Dominion Energy | 60.31 Bn | 58.30 Bn | - | 686.00 Mn |
| 7 | Entergy | 51.91 Bn | 38.35 Bn | - | 680.99 Mn |
| 8 | Sempra | 51.13 Bn | 50.25 Bn | 2.89 Bn | 612.00 Mn |
| 9 | Xcel Energy | 50.13 Bn | 43.61 Bn | - | 822.00 Mn |
| 10 | Exelon | 46.75 Bn | 42.07 Bn | - | 968.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 822.00 Mn |
| Jun 30, 2026 | 657.00 Mn |
| Mar 31, 2026 | 767.00 Mn |
| Dec 31, 2025 | 752.00 Mn |
| Sep 30, 2025 | 755.00 Mn |
| Jun 30, 2025 | 727.00 Mn |
| Mar 31, 2025 | 734.00 Mn |
| Dec 31, 2024 | 714.00 Mn |
| Sep 30, 2024 | 685.00 Mn |
| Jun 30, 2024 | 706.00 Mn |
| Mar 31, 2024 | 664.00 Mn |
| Dec 31, 2023 | 647.00 Mn |
| Sep 30, 2023 | 622.00 Mn |
| Jun 30, 2023 | 571.00 Mn |
| Mar 31, 2023 | 631.00 Mn |
| Dec 31, 2022 | 615.00 Mn |
| Sep 30, 2022 | 611.00 Mn |
| Jun 30, 2022 | 643.00 Mn |
| Mar 31, 2022 | 567.00 Mn |
| Dec 31, 2021 | 546.00 Mn |
API Access
Xcel Energy Depreciation & Amortization (CF) 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-cf&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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-cf&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();