Xcel Energy (XEL) Operating Leases (2019 - 2026)
Xcel Energy's Operating Leases came in at $759 million for Q2 2026, down 19.7% from $945 million a year earlier and down 0.3% from the prior quarter.
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Analysis
Xcel Energy (XEL) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Xcel Energy's Operating Leases was $788 million, down 9.1% from FY2024.
- Operating Leases carries a five-year compound annual growth rate of -10.1% (FY2020 to FY2025).
- Going back by year, Operating Leases was $867 million in FY2024 (-16.5%), $1.04 billion in FY2023 (unchanged), $1.04 billion in FY2022 (-9.4%) and $1.15 billion in FY2021 (-14.7%).
- The Q2 2026 figure represents the lowest quarterly Operating Leases in data going back to Q1 2019.
- Year-over-year, Operating Leases has declined for ten consecutive quarters, with an average decline of 11.0% over the last eight quarters.
- The year-over-year decline in Operating Leases has ranged between 0.0% (Q4 2023) and 19.7% (Q2 2026) over the last five years.
- Business Quant data shows XEL's Operating Leases at $761 million (Q1 2026), $788 million (Q4 2025) and $771 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - |
| 10 | Dte Energy | 25.35 Bn | 24.83 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 759.00 Mn |
| Mar 31, 2026 | 761.00 Mn |
| Dec 31, 2025 | 788.00 Mn |
| Sep 30, 2025 | 771.00 Mn |
| Jun 30, 2025 | 945.00 Mn |
| Mar 31, 2025 | 889.00 Mn |
| Dec 31, 2024 | 867.00 Mn |
| Sep 30, 2024 | 908.00 Mn |
| Jun 30, 2024 | 961.00 Mn |
| Mar 31, 2024 | 980.00 Mn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 930.00 Mn |
| Jun 30, 2023 | 966.00 Mn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 1.04 Bn |
| Sep 30, 2022 | 997.00 Mn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.09 Bn |
| Dec 31, 2021 | 1.15 Bn |
| Sep 30, 2021 | 1.19 Bn |
API Access
Xcel Energy Operating Leases 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=operating-leases&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();