Xcel Energy (XEL) Non Operating Interest Expenses (2009 - 2026)
Xcel Energy's Non Operating Interest Expenses was $443 million in Q2 2026, up 26.9% from $349 million a year earlier and up 7.5% from the prior quarter.
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Analysis
Xcel Energy (XEL) Non Operating Interest Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Xcel Energy's Non Operating Interest Expenses was $1.64 billion through Jun 30, 2026, up 23.8% year-over-year; for FY2025, it was $1.47 billion, up 17.0% from FY2024.
- Non Operating Interest Expenses has now increased for 11 consecutive years, with a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- In earlier years, Non Operating Interest Expenses was $1.26 billion in FY2024 (+19.0%), $1.06 billion in FY2023 (+10.7%), $953 million in FY2022 (+13.2%) and $842 million in FY2021 (+0.2%).
- The Q2 2026 figure marks the highest quarterly Non Operating Interest Expenses in data going back to Q1 2009.
- Compared with a year earlier, Non Operating Interest Expenses has increased for 19 straight quarters, with growth averaging 20.0% over the last eight quarters.
- The best year-over-year quarter for Non Operating Interest Expenses over five years was Q2 2026 (growth of 26.9%); the worst was Q3 2021 (a decline of 4.5%).
- Per Business Quant data, XEL's Non Operating Interest Expenses in the three quarters before Q2 2026 was $412 million (Q1 2026), $403 million (Q4 2025) and $384 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 1.00 Mn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 796.00 Mn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 968.00 Mn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 585.00 Mn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 555.00 Mn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 430.00 Mn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 433.11 Mn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 443.00 Mn |
| 10 | Exelon | 43.40 Bn | 38.71 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 443.00 Mn |
| Mar 31, 2026 | 412.00 Mn |
| Dec 31, 2025 | 403.00 Mn |
| Sep 30, 2025 | 384.00 Mn |
| Jun 30, 2025 | 349.00 Mn |
| Mar 31, 2025 | 332.00 Mn |
| Dec 31, 2024 | 319.00 Mn |
| Sep 30, 2024 | 326.00 Mn |
| Jun 30, 2024 | 319.00 Mn |
| Mar 31, 2024 | 291.00 Mn |
| Dec 31, 2023 | 265.00 Mn |
| Sep 30, 2023 | 269.00 Mn |
| Jun 30, 2023 | 268.00 Mn |
| Mar 31, 2023 | 253.00 Mn |
| Dec 31, 2022 | 248.00 Mn |
| Sep 30, 2022 | 244.00 Mn |
| Jun 30, 2022 | 247.00 Mn |
| Mar 31, 2022 | 214.00 Mn |
| Dec 31, 2021 | 214.00 Mn |
| Sep 30, 2021 | 211.00 Mn |
API Access
Xcel Energy Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();