Xcel Energy (XEL) Gross Margin (2009 - 2026)
Xcel Energy (XEL) posted Gross Margin of 83.21% for Q1 2026, down 47.11% sequentially from 157.34% in Q4 2025, and down 1674.0% YoY from 5.29% in Q1 2025.
Xcel Energy (XEL) Gross Margin (2009 - 2026) Analysis & Trends
Xcel Energy (XEL) has 18 years of Gross Margin data on file, last reported at 83.21% in Q1 2026.
- Quarterly Gross Margin fell 1674.0% year-over-year to 83.21% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 104.65% (up 947.0% YoY) and the FY2025 annual result came in at 99.93%, up 3.0% from the prior year.
- Gross Margin fell to 83.21% in Q1 2026 per XEL's latest filing, from 157.34% in the prior quarter.
- The five-year high for Gross Margin was 157.34% in Q4 2025, with the low at 79.46% in Q2 2025.
- Average Gross Margin over 5 years is 97.21%, with a median of 99.65% recorded in 2023.
- Year-over-year, Gross Margin soared 6143 bps in 2022 and tumbled 2050 bps in 2025.
- Xcel Energy's Gross Margin stood at 83.62% in 2022, then climbed by 19 bps to 99.65% in 2023, then grew by 0 bps to 99.94% in 2024, then jumped by 57 bps to 157.34% in 2025, then plunged by 47 bps to 83.21% in 2026.
- Business Quant data shows XEL's Gross Margin at 83.21% in Q1 2026, 157.34% in Q4 2025, and 99.87% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dominion Energy | 1,757.60 Bn | 1,761.80 Bn | 4.03 Bn | 80.37% |
| 2 | Portland General Electric | 122.81 Bn | 122.64 Bn | 769.00 Mn | 87.49% |
| 3 | Xcel Energy | 49.73 Bn | 47.83 Bn | 3.35 Bn | 83.21% |
| 4 | Wec Energy | 37.85 Bn | 38.21 Bn | 2.83 Bn | 82.28% |
| 5 | Wisconsin Electric Power | 35.43 Bn | 35.43 Bn | 1.04 Bn | 78.53% |
| 6 | Ameren | 31.03 Bn | 31.14 Bn | 1.69 Bn | 77.44% |
| 7 | Edison International | 28.30 Bn | 28.14 Bn | 3.85 Bn | 73.91% |
| 8 | Firstenergy | 27.21 Bn | 28.58 Bn | 2.74 Bn | 65.25% |
| 9 | Alliant Energy | 19.48 Bn | 18.92 Bn | 854.00 Mn | 80.26% |
| 10 | Emera | 15.64 Bn | 15.65 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 83.21% |
| Dec 31, 2025 | 157.34% |
| Sep 30, 2025 | 99.87% |
| Jun 30, 2025 | 79.46% |
| Mar 31, 2025 | 99.95% |
| Dec 31, 2024 | 99.94% |
| Sep 30, 2024 | 82.03% |
| Jun 30, 2024 | 99.97% |
| Mar 31, 2024 | 99.78% |
| Dec 31, 2023 | 99.65% |
| Sep 30, 2023 | 99.62% |
| Jun 30, 2023 | 99.64% |
| Mar 31, 2023 | 84.07% |
| Dec 31, 2022 | 83.62% |
| Sep 30, 2022 | 85.03% |
| Jun 30, 2022 | 99.68% |
| Mar 31, 2022 | 99.73% |
| Dec 31, 2021 | 22.19% |
| Sep 30, 2021 | 99.68% |
| Jun 30, 2021 | 99.71% |