Growth Metrics

Xcel Energy (XEL) Net Margin (2016 - 2026)

Xcel Energy's Net Margin history spans 18 years, with the latest figure at 13.83% for Q1 2026.

  • On a quarterly basis, Net Margin rose 146.0% to 13.83% in Q1 2026 year-over-year; TTM through Mar 2026 was 14.14%, a 5.0% increase, with the full-year FY2025 number at 13.76%, down 65.0% from a year prior.
  • Net Margin hit 13.83% in Q1 2026 for Xcel Energy, down from 15.92% in the prior quarter.
  • Over the last five years, Net Margin for XEL hit a ceiling of 18.72% in Q3 2024 and a floor of 9.35% in Q4 2022.
  • Historically, Net Margin has averaged 12.97% across 5 years, with a median of 13.37% in 2024.
  • The widest YoY moves for Net Margin: up 353bps in 2025, down -533bps in 2025.
  • Tracing XEL's Net Margin over 5 years: stood at 9.35% in 2022, then rose by 27bps to 11.88% in 2023, then rose by 25bps to 14.87% in 2024, then increased by 7bps to 15.92% in 2025, then decreased by -13bps to 13.83% in 2026.
  • Business Quant data shows Net Margin for XEL at 13.83% in Q1 2026, 15.92% in Q4 2025, and 13.38% in Q3 2025.