Xcel Energy (XEL) Dividend Coverage Ratio (2009 - 2026)
Xcel Energy's (XEL) quarterly Dividend Coverage Ratio came in at 1.62 in Q2 2026, up 16.63% year-over-year from 1.39 in Q2 2025, and up 1.31% quarter-over-quarter from 1.6 in Q1 2026.
Analysis
Xcel Energy (XEL) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Xcel Energy has disclosed Dividend Coverage Ratio across 18 years of filings, most recently posting 1.62 for Q2 2026.
- In Q2 2026, Dividend Coverage Ratio rose 16.63% year-over-year to 1.62; the TTM figure through Jun 2026 stood at 1.64 (down 3.33% YoY), while the FY2025 annual figure was 1.57, down 4.46% from the prior year.
- Dividend Coverage Ratio came in at 1.62 for Q2 2026 at Xcel Energy, up from 1.6 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 2.53 in Q3 2022 to a low of 1.02 in Q2 2024.
- Average Dividend Coverage Ratio over 5 years is 1.64, with a median of 1.59 recorded in 2022.
- The largest YoY upside for Dividend Coverage Ratio was 35.96% in 2025 against a maximum downside of 30.87% in 2025.
- Over 5 years, Dividend Coverage Ratio stood at 1.47 in 2022, then rose by 0.15% to 1.47 in 2023, then advanced by 3.74% to 1.53 in 2024, then increased by 13.26% to 1.73 in 2025, then dropped by 6.1% to 1.62 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 1.62 in Q2 2026, 1.6 in Q1 2026, and 1.73 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | - |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | 0.56 |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | 1.62 |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | 0.96 |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | 1.52 |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | 1.31 |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 1.75 |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | 1.58 |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | 1.27 |
| 10 | Connecticut Light & Power | 19.56 Bn | 19.60 Bn | 4.00 Bn | 2.05 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.62 |
| Mar 31, 2026 | 1.60 |
| Dec 31, 2025 | 1.73 |
| Sep 30, 2025 | 1.59 |
| Jun 30, 2025 | 1.39 |
| Mar 31, 2025 | 1.58 |
| Dec 31, 2024 | 1.53 |
| Sep 30, 2024 | 2.30 |
| Jun 30, 2024 | 1.02 |
| Mar 31, 2024 | 1.74 |
| Dec 31, 2023 | 1.47 |
| Sep 30, 2023 | 2.36 |
| Jun 30, 2023 | 1.04 |
| Mar 31, 2023 | 1.61 |
| Dec 31, 2022 | 1.47 |
| Sep 30, 2022 | 2.53 |
| Jun 30, 2022 | 1.28 |
| Mar 31, 2022 | 1.58 |
| Dec 31, 2021 | 1.33 |
| Sep 30, 2021 | 2.56 |