Xcel Energy (XEL) EBIT Margin (2009 - 2026)
Xcel Energy (XEL) recorded EBIT Margin of 28.55% in Q3 2026, up 9.42 percentage points from 19.13% a year earlier and up 5.91 percentage points from the prior quarter.
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Analysis
Xcel Energy (XEL) EBIT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Xcel Energy's EBIT Margin came in at 21.72% as of Sep 30, 2026, up 5.21 percentage points year-over-year; for FY2025, it came in at 17.61%, down 0.14 percentage points from FY2024.
- Annual EBIT Margin has a five-year change of -0.75 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 17.75% in FY2024 (+0.29 pp), 17.46% in FY2023 (+1.61 pp), 15.86% in FY2022 (-0.54 pp) and 16.40% in FY2021 (-1.96 pp).
- The Q3 2026 figure is the highest quarterly EBIT Margin in data going back to Q1 2009.
- On a year-over-year basis, EBIT Margin has increased for four consecutive quarters, with an average year-over-year change of +1.39 percentage points over the last eight quarters.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 9.42 percentage points in Q3 2026, against a drop of 5.87 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.64% (Q2 2026), 18.75% (Q1 2026) and 16.29% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 29.10% |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | 29.34% |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 32.44% |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 33.93% |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 30.17% |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 26.52% |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 33.93% |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 5.08% |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - | 28.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.55% |
| Jun 30, 2026 | 22.64% |
| Mar 31, 2026 | 18.75% |
| Dec 31, 2025 | 16.29% |
| Sep 30, 2025 | 19.13% |
| Jun 30, 2025 | 17.55% |
| Mar 31, 2025 | 17.33% |
| Dec 31, 2024 | 11.12% |
| Sep 30, 2024 | 25.00% |
| Jun 30, 2024 | 14.83% |
| Mar 31, 2024 | 18.61% |
| Dec 31, 2023 | 16.71% |
| Sep 30, 2023 | 24.99% |
| Jun 30, 2023 | 13.83% |
| Mar 31, 2023 | 14.04% |
| Dec 31, 2022 | 12.95% |
| Sep 30, 2022 | 22.64% |
| Jun 30, 2022 | 13.70% |
| Mar 31, 2022 | 13.60% |
| Dec 31, 2021 | 14.46% |
API Access
Xcel Energy EBIT Margin 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=ebit-margin&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();