Xcel Energy (XEL) Net Margin (2009 - 2026)
Xcel Energy (XEL) reported Net Margin of 13.83% for Q1 2026, up 146.0% on a YoY basis from 5.62% in Q1 2025, and down 13.16% sequentially from 15.92% in Q4 2025.
Xcel Energy (XEL) Net Margin (2009 - 2026) Analysis & Trends
Xcel Energy (XEL) has 18 years of Net Margin data on file, last reported at 13.83% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 146.0% year-over-year to 13.83%; the trailing twelve-month figure through Mar 2026 stood at 14.14% (up 5.0% YoY), and the FY2025 full-year result was 13.76%, down 65.0% from the prior year.
- Net Margin retreated to 13.83% in Q1 2026, from 15.92% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 18.72% in Q3 2024 to a low of 9.35% in Q4 2022.
- A 5-year average of 12.97% and a median of 13.37% in 2024 frame the typical range for Net Margin.
- Peak annual rise in Net Margin reached 353 bps in 2025, while the deepest fall reached 533 bps in 2025.
- Tracing XEL's Net Margin over 5 years: stood at 9.35% in 2022, then gained by 27 bps to 11.88% in 2023, then gained by 25 bps to 14.87% in 2024, then climbed by 7 bps to 15.92% in 2025, then slipped by 13 bps to 13.83% in 2026.
- Business Quant data shows XEL's Net Margin at 13.83% in Q1 2026, 15.92% in Q4 2025, and 13.38% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 14.72% |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 12.17% |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 13.83% |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 23.42% |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 16.41% |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 35.43% |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 11.09% |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | - |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 12.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.83% |
| Dec 31, 2025 | 15.92% |
| Sep 30, 2025 | 13.38% |
| Jun 30, 2025 | 13.51% |
| Mar 31, 2025 | 12.37% |
| Dec 31, 2024 | 14.87% |
| Sep 30, 2024 | 18.72% |
| Jun 30, 2024 | 9.97% |
| Mar 31, 2024 | 13.37% |
| Dec 31, 2023 | 11.88% |
| Sep 30, 2023 | 17.91% |
| Jun 30, 2023 | 9.53% |
| Mar 31, 2023 | 10.25% |
| Dec 31, 2022 | 9.35% |
| Sep 30, 2022 | 15.90% |
| Jun 30, 2022 | 9.58% |
| Mar 31, 2022 | 10.13% |
| Dec 31, 2021 | 10.69% |
| Sep 30, 2021 | 17.57% |
| Jun 30, 2021 | 10.14% |