Xcel Energy XEL
NASDAQ XEL
$76.30 -2.41 (-3.06%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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