Xcel Energy (XEL) Net Margin (2016 - 2025)
Xcel Energy's Net Margin history spans 16 years, with the latest figure at 12.19% for Q4 2025.
- For Q4 2025, Net Margin fell 268.0% year-over-year to 12.19%; the TTM value through Dec 2025 reached 12.85%, down 155.0%, while the annual FY2025 figure was 10.12%, 428.0% down from the prior year.
- Net Margin for Q4 2025 was 12.19% at Xcel Energy, down from 13.38% in the prior quarter.
- Across five years, Net Margin topped out at 18.72% in Q3 2024 and bottomed at 7.99% in Q4 2022.
- The 5-year median for Net Margin is 12.11% (2021), against an average of 12.48%.
- The largest annual shift saw Net Margin surged 389bps in 2023 before it plummeted -533bps in 2025.
- A 5-year view of Net Margin shows it stood at 8.21% in 2021, then fell by -3bps to 7.99% in 2022, then skyrocketed by 49bps to 11.88% in 2023, then rose by 25bps to 14.87% in 2024, then decreased by -18bps to 12.19% in 2025.
- Per Business Quant, the three most recent readings for XEL's Net Margin are 12.19% (Q4 2025), 13.38% (Q3 2025), and 13.51% (Q2 2025).