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
DateValue
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