Xcel Energy (XEL) Invested Capital (2009 - 2026)
Xcel Energy (XEL) posted Invested Capital of $1.3 billion for Q2 2026, down 0.75% sequentially from $1.3 billion in Q1 2026, and up 61.95% YoY from $820.0 million in Q2 2025.
Xcel Energy (XEL) Invested Capital (2009 - 2026) Analysis & Trends
Xcel Energy has reported Invested Capital for 18 years, with the latest figure at $1.3 billion in Q2 2026.
- Quarterly Invested Capital rose 61.95% year-over-year to $1.3 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $4.8 billion (up 23.6% YoY) and the FY2025 annual result came in at $31.4 billion, up 21.59% from the prior year.
- Invested Capital fell to $1.3 billion in Q2 2026 per XEL's latest filing, from $1.3 billion in the prior quarter.
- Over five years, Invested Capital peaked at $31.4 billion in Q4 2025 and troughed at $552.0 million in Q1 2024.
- A 5-year average of $6.5 billion and a median of $1.1 billion in 2023 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2022 and 2025: Invested Capital plunged 62.74% in 2022, then jumped 99.82% in 2025.
- Over 5 years, Invested Capital stood at $22.0 billion in 2022, then grew by 7.91% to $23.8 billion in 2023, then climbed by 8.86% to $25.9 billion in 2024, then rose by 21.59% to $31.4 billion in 2025, then slumped by 95.78% to $1.3 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $1.3 billion, $1.3 billion, and $31.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | 63.03 Bn |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 4.04 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 1.33 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 43.50 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 1.52 Bn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 2.45 Bn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 3.80 Bn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 1.38 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 307.24 Mn |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn | 870.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.33 Bn |
| Mar 31, 2026 | 1.34 Bn |
| Dec 31, 2025 | 31.44 Bn |
| Sep 30, 2025 | 1.31 Bn |
| Jun 30, 2025 | 251.00 Mn |
| Mar 31, 2025 | 1.10 Bn |
| Dec 31, 2024 | 25.86 Bn |
| Sep 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 802.00 Mn |
| Mar 31, 2024 | 463.00 Mn |
| Dec 31, 2023 | 23.75 Bn |
| Jun 30, 2023 | 1.05 Bn |
| Mar 31, 2023 | 901.00 Mn |
| Dec 31, 2022 | 22.01 Bn |
| Sep 30, 2022 | 651.00 Mn |
| Jun 30, 2022 | 651.00 Mn |
| Mar 31, 2022 | 996.00 Mn |
| Dec 31, 2021 | 20.75 Bn |
| Sep 30, 2021 | 621.00 Mn |
| Jun 30, 2021 | 21.00 Mn |