Xcel Energy (XEL) Notes Payables (2009 - 2026)
Xcel Energy's Notes Payables was $2.51 billion in Q2 2026, up 206.1% from $820 million a year earlier and up 69.6% from the prior quarter.
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Analysis
Xcel Energy (XEL) Notes Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Notes Payables at Xcel Energy came in at $1.55 billion, up 123.0% from FY2024.
- Notes Payables shows a five-year compound annual growth rate of 21.6% (FY2020 to FY2025).
- In earlier years, Notes Payables was $695 million in FY2024 (-11.5%), $785 million in FY2023 (-3.4%), $813 million in FY2022 (-19.1%) and $1.01 billion in FY2021 (+72.1%).
- The Q2 2026 figure marks the highest quarterly Notes Payables in data going back to Q2 2009.
- Compared with a year earlier, Notes Payables has increased for three straight quarters, with growth averaging 80.2% over the last six quarters.
- The best year-over-year quarter for Notes Payables over five years was Q2 2023 (growth of 300.0%); the worst was Q2 2022 (a decline of 92.2%).
- Per Business Quant data, XEL's Notes Payables in the three quarters before Q2 2026 was $1.48 billion (Q1 2026), $1.55 billion (Q4 2025) and $1.33 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - |
| 10 | Dte Energy | 25.46 Bn | 24.94 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.51 Bn |
| Mar 31, 2026 | 1.48 Bn |
| Dec 31, 2025 | 1.55 Bn |
| Sep 30, 2025 | 1.33 Bn |
| Jun 30, 2025 | 820.00 Mn |
| Mar 31, 2025 | 719.00 Mn |
| Dec 31, 2024 | 695.00 Mn |
| Sep 30, 2024 | 95.00 Mn |
| Jun 30, 2024 | 802.00 Mn |
| Mar 31, 2024 | 463.00 Mn |
| Dec 31, 2023 | 785.00 Mn |
| Jun 30, 2023 | 544.00 Mn |
| Mar 31, 2023 | 1.08 Bn |
| Dec 31, 2022 | 813.00 Mn |
| Sep 30, 2022 | 158.00 Mn |
| Jun 30, 2022 | 136.00 Mn |
| Mar 31, 2022 | 996.00 Mn |
| Dec 31, 2021 | 1.01 Bn |
| Sep 30, 2021 | 1.75 Bn |
| Jun 30, 2021 | 1.75 Bn |
API Access
Xcel Energy Notes Payables 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=notes-payables&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();