Xcel Energy (XEL) FCF Margin (2009 - 2026)
Xcel Energy's FCF Margin came in at -59.25% for Q2 2026, down 18.30 percentage points from -40.95% a year earlier and down 26.30 percentage points from the prior quarter.
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Analysis
Xcel Energy (XEL) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Xcel Energy reported FCF Margin of -52.63%, down 24.68 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 five-year range for quarterly FCF Margin is -90.68% (Q4 2025) to 7.02% (Q3 2023).
- Year-over-year, FCF Margin has declined for 11 consecutive quarters, with an average year-over-year change of -21.22 percentage points over the last eight quarters.
- 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 -32.95% (Q1 2026), -90.68% (Q4 2025) and -32.95% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (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 | - | -26.81% |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - | -59.25% |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn | -13.08% |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - | -14.77% |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn | 93.14% |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn | -45.44% |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - | -19.04% |
| 10 | Dte Energy | 25.46 Bn | 24.94 Bn | - | -15.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 0.72% |
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();