Growth Metrics

Xcel Energy (XEL) Gross Margin (2016 - 2025)

Xcel Energy's Gross Margin history spans 16 years, with the latest figure at 157.34% for Q4 2025.

  • For Q4 2025, Gross Margin rose 7715.0% year-over-year to 157.34%; the TTM value through Dec 2025 reached 99.93%, up 1397.0%, while the annual FY2025 figure was 99.93%, 1882.0% up from the prior year.
  • Gross Margin for Q4 2025 was 157.34% at Xcel Energy, up from 64.85% in the prior quarter.
  • Across five years, Gross Margin topped out at 157.34% in Q4 2025 and bottomed at 39.33% in Q4 2022.
  • The 5-year median for Gross Margin is 99.65% (2021), against an average of 93.88%.
  • The largest annual shift saw Gross Margin skyrocketed 9217bps in 2021 before it crashed -7493bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 114.26% in 2021, then tumbled by -66bps to 39.33% in 2022, then skyrocketed by 153bps to 99.65% in 2023, then fell by -20bps to 80.19% in 2024, then surged by 96bps to 157.34% in 2025.
  • Per Business Quant, the three most recent readings for XEL's Gross Margin are 157.34% (Q4 2025), 64.85% (Q3 2025), and 79.46% (Q2 2025).