Xcel Energy (XEL) EV to EBITDA (2009 - 2026)
Xcel Energy's EV to EBITDA came in at 6.66 for Q3 2026, down 23.0% from 8.66 a year earlier and down 19.2% 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 Sep 30, 2026, Xcel Energy reported EV to EBITDA of 6.03, down 26.0% year-over-year; for FY2025, it came in at 8.08, up 10.1% from FY2024.
- Going back by year, EV to EBITDA was 7.34 in FY2024 (+8.2%), 6.78 in FY2023 (-12.1%), 7.71 in FY2022 (-6.2%) and 8.22 in FY2021 (-3.3%).
- The Q3 2026 figure represents the lowest quarterly EV to EBITDA since Q3 2024.
- Year-over-year, EV to EBITDA increased in seven of the last eight quarters, with growth averaging 14.9%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q2 2025 (growth of 34.6%), and the weakest in Q3 2026 (a decline of 23.0%).
- Business Quant data shows XEL's EV to EBITDA at 8.24 (Q2 2026), 8.28 (Q1 2026) and 8.08 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.54 |
| Jun 30, 2026 | 6.86 |
| Mar 31, 2026 | 6.81 |
| Dec 31, 2025 | 6.62 |
| Sep 30, 2025 | 6.96 |
| Jun 30, 2025 | 6.77 |
| Mar 31, 2025 | 7.23 |
| Dec 31, 2024 | 7.21 |
| Sep 30, 2024 | 6.64 |
| Jun 30, 2024 | 5.26 |
| Mar 31, 2024 | 5.67 |
| Dec 31, 2023 | 6.78 |
| Sep 30, 2023 | 6.22 |
| Jun 30, 2023 | 6.83 |
| Mar 31, 2023 | 7.24 |
| Dec 31, 2022 | 7.71 |
| Sep 30, 2022 | 7.25 |
| Jun 30, 2022 | 8.23 |
| Mar 31, 2022 | 8.70 |
| Dec 31, 2021 | 8.23 |
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();