Xcel Energy (XEL) Equity Income (2009 - 2026)
Xcel Energy (XEL) recorded Equity Income of $76 million in Q2 2026, compared with -$8 million a year earlier and up 484.6% from the prior quarter.
Xcel Energy (XEL) Equity Income (2009 - 2026) Analysis & Trends
On a TTM basis, Xcel Energy's Equity Income came in at $115 million as of Jun 30, 2026; for FY2025, it was $17 million, down 10.5% from FY2024.
- Annual Equity Income has declined for four straight years, with a five-year compound annual growth rate of -15.7% (FY2020 to FY2025).
- Across earlier years, Equity Income came in at $19 million in FY2024 (-45.7%), $35 million in FY2023 (-2.8%), $36 million in FY2022 (-41.9%) and $62 million in FY2021 (+55.0%).
- The Q2 2026 figure is the highest quarterly Equity Income in data going back to Q1 2009.
- Peak year-over-year performance for Equity Income in the last five years was growth of 600.0% in Q3 2023, against a decline of 92.3% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $13 million (Q1 2026), $20 million (Q4 2025) and $6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 178.52 Bn | 165.27 Bn | - | 293.00 Mn |
| 2 | Southern | 107.79 Bn | 98.84 Bn | 5.92 Bn | - |
| 3 | Duke Energy | 100.04 Bn | 100.04 Bn | - | 10.00 Mn |
| 4 | National Grid | 83.53 Bn | 55.82 Bn | - | - |
| 5 | American Electric Power | 70.90 Bn | 68.07 Bn | 3.84 Bn | 29.00 Mn |
| 6 | Dominion Energy | 59.77 Bn | 57.76 Bn | - | - |
| 7 | Sempra | 56.38 Bn | 55.50 Bn | 2.89 Bn | 547.00 Mn |
| 8 | Entergy | 50.50 Bn | 39.63 Bn | - | - |
| 9 | Xcel Energy | 49.96 Bn | 43.43 Bn | - | 77.00 Mn |
| 10 | Exelon | 47.70 Bn | 43.02 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 77.00 Mn |
| Jun 30, 2026 | 76.00 Mn |
| Mar 31, 2026 | 13.00 Mn |
| Dec 31, 2025 | 20.00 Mn |
| Sep 30, 2025 | 6.00 Mn |
| Jun 30, 2025 | -8.00 Mn |
| Mar 31, 2025 | -1.00 Mn |
| Sep 30, 2024 | 3.00 Mn |
| Jun 30, 2024 | 8.00 Mn |
| Mar 31, 2024 | 8.00 Mn |
| Dec 31, 2023 | 8.00 Mn |
| Sep 30, 2023 | 7.00 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 11.00 Mn |
| Dec 31, 2022 | 9.00 Mn |
| Sep 30, 2022 | 1.00 Mn |
| Jun 30, 2022 | 11.00 Mn |
| Mar 31, 2022 | 15.00 Mn |
| Dec 31, 2021 | 15.00 Mn |
| Sep 30, 2021 | 13.00 Mn |
Xcel Energy Equity Income 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=equity-income&ticker=XEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equity-income", "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=equity-income&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();