Xcel Energy (XEL) Interest Expenses (2009 - 2026)
Xcel Energy (XEL) reported Interest Expenses of $443 million for Q2 2026, up 26.9% from $349 million a year earlier and up 7.5% from the prior quarter.
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Analysis
Xcel Energy (XEL) Interest Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Xcel Energy's Interest Expenses came in at $1.64 billion, up 23.8% year-over-year; for FY2025, it came in at $1.47 billion, up 17.0% from FY2024.
- Interest Expenses has increased for 11 consecutive years, with a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- By year, Interest Expenses came in at $1.26 billion in FY2024 (+19.0%), $1.06 billion in FY2023 (+10.7%), $953 million in FY2022 (+13.2%) and $842 million in FY2021 (+0.2%).
- The Q2 2026 figure ranks as the highest quarterly Interest Expenses in data going back to Q1 2009.
- Year over year, Interest Expenses has now increased in each of the last 19 quarters, with growth averaging 20.0% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q2 2026 (growth of 26.9%); the low point was Q3 2021 (a decline of 4.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $412 million (Q1 2026), $403 million (Q4 2025) and $384 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 1.00 Mn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 796.00 Mn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 968.00 Mn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 585.00 Mn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 555.00 Mn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 430.00 Mn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 433.11 Mn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 443.00 Mn |
| 10 | Exelon | 43.40 Bn | 38.71 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 443.00 Mn |
| Mar 31, 2026 | 412.00 Mn |
| Dec 31, 2025 | 403.00 Mn |
| Sep 30, 2025 | 384.00 Mn |
| Jun 30, 2025 | 349.00 Mn |
| Mar 31, 2025 | 332.00 Mn |
| Dec 31, 2024 | 319.00 Mn |
| Sep 30, 2024 | 326.00 Mn |
| Jun 30, 2024 | 319.00 Mn |
| Mar 31, 2024 | 291.00 Mn |
| Dec 31, 2023 | 265.00 Mn |
| Sep 30, 2023 | 269.00 Mn |
| Jun 30, 2023 | 268.00 Mn |
| Mar 31, 2023 | 253.00 Mn |
| Dec 31, 2022 | 248.00 Mn |
| Sep 30, 2022 | 244.00 Mn |
| Jun 30, 2022 | 247.00 Mn |
| Mar 31, 2022 | 214.00 Mn |
| Dec 31, 2021 | 214.00 Mn |
| Sep 30, 2021 | 211.00 Mn |
API Access
Xcel Energy Interest Expenses 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=interest-expenses&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();