Xcel Energy (XEL) Interest Expenses (2009 - 2026)
Xcel Energy (XEL) reported Interest Expenses of $412.0 million for Q1 2026, up 24.1% on a YoY basis from $332.0 million in Q1 2025, and down 15.75% sequentially from $489.0 million in Q4 2025.
Xcel Energy (XEL) Interest Expenses (2009 - 2026) Analysis & Trends
Xcel Energy (XEL) has 18 years of Interest Expenses data on file, last reported at $412.0 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 24.1% year-over-year to $412.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (up 24.0% YoY), and the FY2025 full-year result was $1.5 billion, up 16.97% from the prior year.
- Interest Expenses eased to $412.0 million in Q1 2026, from $489.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $489.0 million in Q4 2025 to a low of $214.0 million in Q1 2022.
- A 5-year average of $306.0 million and a median of $291.0 million in 2024 frame the typical range for Interest Expenses.
- Peak annual rise in Interest Expenses reached 53.29% in 2025, while the deepest fall reached 0.94% in 2025.
- Tracing XEL's Interest Expenses over 5 years: stood at $248.0 million in 2022, then increased by 6.85% to $265.0 million in 2023, then grew by 20.38% to $319.0 million in 2024, then soared by 53.29% to $489.0 million in 2025, then dropped by 15.75% to $412.0 million in 2026.
- Business Quant data shows XEL's Interest Expenses at $412.0 million in Q1 2026, $489.0 million in Q4 2025, and $384.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 271.26 Mn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 561.00 Mn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 412.00 Mn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 228.50 Mn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 204.00 Mn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 418.00 Mn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 326.00 Mn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | - |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 203.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 412.00 Mn |
| Mar 31, 2026 | 412.00 Mn |
| Dec 31, 2025 | 489.00 Mn |
| Dec 31, 2025 | 489.00 Mn |
| Sep 30, 2025 | 384.00 Mn |
| Sep 30, 2025 | 384.00 Mn |
| Jun 30, 2025 | 322.00 Mn |
| Jun 30, 2025 | 322.00 Mn |
| Mar 31, 2025 | 332.00 Mn |
| Mar 31, 2025 | 332.00 Mn |
| Dec 31, 2024 | 319.00 Mn |
| Dec 31, 2024 | 319.00 Mn |
| Sep 30, 2024 | 326.00 Mn |
| Sep 30, 2024 | 326.00 Mn |
| Jun 30, 2024 | 319.00 Mn |
| Jun 30, 2024 | 319.00 Mn |
| Mar 31, 2024 | 291.00 Mn |
| Mar 31, 2024 | 291.00 Mn |
| Dec 31, 2023 | 265.00 Mn |
| Dec 31, 2023 | 265.00 Mn |