Xcel Energy (XEL) EV to EBITDA (2009 - 2026)
Xcel Energy's EV to EBITDA came in at 8.41 for Q2 2026, up 16.5% from 7.22 a year earlier but down 0.4% from the prior quarter.
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Analysis
Xcel Energy (XEL) EV to EBITDA (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Xcel Energy reported EV to EBITDA of 7.87, up 17.6% year-over-year; for FY2025, it came in at 8.25, up 10.1% from FY2024.
- Going back by year, EV to EBITDA was 7.49 in FY2024 (+8.3%), 6.91 in FY2023 (-12.5%), 7.90 in FY2022 (-6.4%) and 8.44 in FY2021 (-3.7%).
- The five-year range for quarterly EV to EBITDA is 5.36 (Q2 2024) to 8.93 (Q1 2022).
- Year-over-year, EV to EBITDA has increased for eight consecutive quarters, with growth averaging 18.7% over the last eight quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in Q2 2025 (growth of 34.8%), and the weakest in Q2 2024 (a decline of 23.3%).
- Business Quant data shows XEL's EV to EBITDA at 8.45 (Q1 2026), 8.25 (Q4 2025) and 8.83 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - |
| 10 | Dte Energy | 25.46 Bn | 24.94 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.41 |
| Mar 31, 2026 | 8.45 |
| Dec 31, 2025 | 8.25 |
| Sep 30, 2025 | 8.83 |
| Jun 30, 2025 | 7.22 |
| Mar 31, 2025 | 7.60 |
| Dec 31, 2024 | 7.49 |
| Sep 30, 2024 | 6.76 |
| Jun 30, 2024 | 5.36 |
| Mar 31, 2024 | 5.77 |
| Dec 31, 2023 | 6.91 |
| Sep 30, 2023 | 6.36 |
| Jun 30, 2023 | 6.99 |
| Mar 31, 2023 | 7.41 |
| Dec 31, 2022 | 7.90 |
| Sep 30, 2022 | 7.43 |
| Jun 30, 2022 | 8.45 |
| Mar 31, 2022 | 8.93 |
| Dec 31, 2021 | 8.45 |
| Sep 30, 2021 | 7.69 |
API Access
Xcel Energy EV to EBITDA 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=ev-to-ebitda&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();