Xcel Energy (XEL) Long-Term Debt (2009 - 2026)
Xcel Energy's Non-Current Debt was $36.54 billion in Q3 2026, up 14.1% from $32.03 billion a year earlier and up 1.6% from the prior quarter.
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Analysis
Xcel Energy (XEL) Long-Term Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Debt at Xcel Energy came in at $31.83 billion, up 16.5% from FY2024.
- Non-Current Debt has now increased for 14 consecutive years, with a five-year compound annual growth rate of 10.1% (FY2020 to FY2025).
- In earlier years, Non-Current Debt was $27.32 billion in FY2024 (+9.6%), $24.91 billion in FY2023 (+9.2%), $22.81 billion in FY2022 (+4.7%) and $21.78 billion in FY2021 (+10.9%).
- The Q3 2026 figure marks the highest quarterly Non-Current Debt in data going back to Q2 2009.
- Compared with a year earlier, Non-Current Debt has increased for 57 straight quarters, with growth averaging 14.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Non-Current Debt ranged from 0.3% (Q1 2022) to 17.5% (Q1 2026).
- Per Business Quant data, XEL's Non-Current Debt in the three quarters before Q3 2026 was $35.95 billion (Q2 2026), $34.55 billion (Q1 2026) and $31.83 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | - |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | - |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | - |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | - |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | - |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | - |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | - |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | - |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 36.54 Bn |
| Jun 30, 2026 | 35.95 Bn |
| Mar 31, 2026 | 34.55 Bn |
| Dec 31, 2025 | 31.83 Bn |
| Sep 30, 2025 | 32.03 Bn |
| Jun 30, 2025 | 31.10 Bn |
| Mar 31, 2025 | 29.40 Bn |
| Dec 31, 2024 | 27.32 Bn |
| Sep 30, 2024 | 27.47 Bn |
| Jun 30, 2024 | 27.72 Bn |
| Mar 31, 2024 | 26.40 Bn |
| Dec 31, 2023 | 24.91 Bn |
| Sep 30, 2023 | 24.91 Bn |
| Jun 30, 2023 | 24.02 Bn |
| Mar 31, 2023 | 22.82 Bn |
| Dec 31, 2022 | 22.81 Bn |
| Sep 30, 2022 | 23.31 Bn |
| Jun 30, 2022 | 23.21 Bn |
| Mar 31, 2022 | 21.53 Bn |
| Dec 31, 2021 | 21.78 Bn |
API Access
Xcel Energy Long-Term Debt 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=long-term-debt&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt", "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=long-term-debt&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();