Xcel Energy (XEL) Free Cash Flow (2009 - 2026)
Xcel Energy (XEL) posted Free Cash Flow of -$1.8 billion for Q2 2026, down 39.47% sequentially from -$1.3 billion in Q1 2026, and down 37.3% YoY from -$2.9 billion in Q2 2025.
Xcel Energy (XEL) Free Cash Flow (2009 - 2026) Analysis & Trends
Xcel Energy has reported Free Cash Flow for 18 years, with the latest figure at -$1.8 billion in Q2 2026.
- Quarterly Free Cash Flow fell 37.3% year-over-year to -$1.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$7.7 billion (down 97.18% YoY) and the FY2025 annual result came in at -$6.8 billion, down 150.64% from the prior year.
- Free Cash Flow retreated to -$1.8 billion in Q2 2026 per XEL's latest filing, from -$1.3 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $272.0 million in Q1 2023 and troughed at -$3.2 billion in Q4 2025.
- A 5-year average of -$775.2 million and a median of -$594.0 million in 2022 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2025: Free Cash Flow soared 342.45% in 2023, then tumbled 2971.43% in 2025.
- Over 5 years, Free Cash Flow stood at -$548.0 million in 2022, then slipped by 16.79% to -$640.0 million in 2023, then plunged by 142.66% to -$1.6 billion in 2024, then slumped by 107.92% to -$3.2 billion in 2025, then surged by 42.77% to -$1.8 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$1.8 billion, -$1.3 billion, and -$3.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 1.49 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | -1.85 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | -269.70 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | -309.00 Mn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | -341.22 Mn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | - |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | -356.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 495.93 Mn |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn | -679.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.85 Bn |
| Jun 30, 2026 | -1.85 Bn |
| Mar 31, 2026 | 382.00 Mn |
| Mar 31, 2026 | 382.00 Mn |
| Dec 31, 2025 | -3.23 Bn |
| Dec 31, 2025 | -3.23 Bn |
| Sep 30, 2025 | -4.62 Bn |
| Sep 30, 2025 | -4.62 Bn |
| Jun 30, 2025 | 1.99 Bn |
| Jun 30, 2025 | 1.99 Bn |
| Mar 31, 2025 | -960.00 Mn |
| Mar 31, 2025 | -960.00 Mn |
| Dec 31, 2024 | 441.00 Mn |
| Dec 31, 2024 | 441.00 Mn |
| Sep 30, 2024 | 1.52 Bn |
| Sep 30, 2024 | 1.52 Bn |
| Jun 30, 2024 | 2.21 Bn |
| Jun 30, 2024 | 2.21 Bn |
| Mar 31, 2024 | -487.00 Mn |
| Mar 31, 2024 | -487.00 Mn |