Xcel Energy (XEL) Depreciation and Depletion (2009 - 2026)
Xcel Energy (XEL) recorded Depreciation and Depletion of $32 million in Q2 2026, up 23.1% from $26 million a year earlier and up 18.5% from the prior quarter.
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Analysis
Xcel Energy (XEL) Depreciation and Depletion (2009 - 2026) Analysis & Trends
On a TTM basis, Xcel Energy's Depreciation and Depletion came in at $118 million as of Jun 30, 2026, up 9.3% year-over-year; for FY2025, it came in at $114 million, up 7.5% from FY2024.
- Annual Depreciation and Depletion has a five-year compound annual growth rate of -1.5% (FY2020 to FY2025).
- Across earlier years, Depreciation and Depletion came in at $106 million in FY2024 (+10.4%), $96 million in FY2023 (-18.6%), $118 million in FY2022 (+3.5%) and $114 million in FY2021 (-7.3%).
- Quarterly Depreciation and Depletion has ranged from $12 million in Q4 2023 to $33 million in Q2 2024 over the past five years.
- On a year-over-year basis, Depreciation and Depletion rose in five of the last eight quarters, with growth averaging 18.3%.
- Peak year-over-year performance for Depreciation and Depletion in the last five years was growth of 75.0% in Q4 2024, against a decline of 55.6% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $27 million (Q1 2026), $27 million (Q4 2025) and $32 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | - |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | - |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | - |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 1.00 Mn |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 3.00 Mn |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | - |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | - |
| 10 | Xcel Energy | 44.58 Bn | 39.49 Bn | - | 32.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.00 Mn |
| Mar 31, 2026 | 27.00 Mn |
| Dec 31, 2025 | 27.00 Mn |
| Sep 30, 2025 | 32.00 Mn |
| Jun 30, 2025 | 26.00 Mn |
| Mar 31, 2025 | 29.00 Mn |
| Dec 31, 2024 | 21.00 Mn |
| Sep 30, 2024 | 32.00 Mn |
| Jun 30, 2024 | 33.00 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Dec 31, 2023 | 12.00 Mn |
| Sep 30, 2023 | 31.00 Mn |
| Jun 30, 2023 | 24.00 Mn |
| Mar 31, 2023 | 29.00 Mn |
| Dec 31, 2022 | 27.00 Mn |
| Sep 30, 2022 | 30.00 Mn |
| Jun 30, 2022 | 31.00 Mn |
| Mar 31, 2022 | 30.00 Mn |
| Dec 31, 2021 | 28.00 Mn |
| Sep 30, 2021 | 30.00 Mn |
API Access
Xcel Energy Depreciation and Depletion 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-depletion&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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-depletion&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();