Xcel Energy (XEL) FCF Margin (2009 - 2026)
Xcel Energy's FCF Margin came in at -29.10% for Q3 2026, up 3.85 percentage points from -32.95% a year earlier and up 30.15 percentage points from the prior quarter.
Powered by 
Analysis
Xcel Energy (XEL) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Xcel Energy reported FCF Margin of -51.21%, down 15.02 percentage points year-over-year; for FY2025, it came in at -46.53%, down 26.27 percentage points from FY2024.
- FCF Margin carries a five-year change of -24.65 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -20.26% in FY2024 (-16.55 pp), -3.71% in FY2023 (+0.90 pp), -4.61% in FY2022 (+10.69 pp) and -15.30% in FY2021 (+6.57 pp).
- The Q3 2026 figure represents the highest quarterly FCF Margin since Q1 2025.
- Year-over-year, FCF Margin increased in 1 of the last eight quarters, with an average year-over-year change of -19.71 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q1 2022 (a gain of 38.04 percentage points), and the weakest in Q4 2025 (a drop of 40.90 percentage points).
- Business Quant data shows XEL's FCF Margin at -59.25% (Q2 2026), -32.95% (Q1 2026) and -90.68% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | -16.82% |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | - |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 32.94% |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 0.44% |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 268.27% |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | -32.70% |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | -10.94% |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 425.48% |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - | -29.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -29.10% |
| Jun 30, 2026 | -59.25% |
| Mar 31, 2026 | -32.95% |
| Dec 31, 2025 | -90.68% |
| Sep 30, 2025 | -32.95% |
| Jun 30, 2025 | -40.95% |
| Mar 31, 2025 | -24.58% |
| Dec 31, 2024 | -49.78% |
| Sep 30, 2024 | -1.15% |
| Jun 30, 2024 | -21.17% |
| Mar 31, 2024 | -13.35% |
| Dec 31, 2023 | -18.59% |
| Sep 30, 2023 | 7.02% |
| Jun 30, 2023 | -13.77% |
| Mar 31, 2023 | 6.67% |
| Dec 31, 2022 | -13.52% |
| Sep 30, 2022 | -2.60% |
| Jun 30, 2022 | -7.30% |
| Mar 31, 2022 | 5.28% |
| Dec 31, 2021 | -20.43% |
API Access
Xcel Energy FCF 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=fcf-margin&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();