Xcel Energy (XEL) Regulatory Assets (Current) (2009 - 2026)
Xcel Energy (XEL) posted Regulatory Assets (Current) of $566 million for Q3 2026, up 5.6% from $536 million a year earlier and up 8.6% from the prior quarter.
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Analysis
Xcel Energy (XEL) Regulatory Assets (Current) (2009 - 2026) Analysis & Trends
At the end of FY2025, Xcel Energy's Regulatory Assets (Current) came in at $529 million, down 5.7% from FY2024.
- Annual Regulatory Assets (Current) has declined for four consecutive years, with a five-year compound annual growth rate of -3.7% (FY2020 to FY2025).
- In prior years, Xcel Energy's Regulatory Assets (Current) was $561 million in FY2024 (-8.2%), $611 million in FY2023 (-42.3%), $1.06 billion in FY2022 (-4.2%) and $1.11 billion in FY2021 (+72.8%).
- The Q3 2026 figure stands as the highest quarterly Regulatory Assets (Current) since Q2 2025.
- On a year-over-year basis, Regulatory Assets (Current) increased in 1 of the last eight quarters, with an average decline of 7.1%.
- The strongest year-over-year quarter for Regulatory Assets (Current) in the past five years was Q4 2021, with growth of 72.8%; the weakest was Q3 2023, with a decline of 45.5%.
- According to Business Quant data, Regulatory Assets (Current) for the three prior quarters was $521 million (Q2 2026), $482 million (Q1 2026) and $529 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Regulatory Assets (Current) (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | - |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | - |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 239.00 Mn |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | - |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 74.00 Mn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 504.00 Mn |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | - |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 258.00 Mn |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - | 566.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 566.00 Mn |
| Jun 30, 2026 | 521.00 Mn |
| Mar 31, 2026 | 482.00 Mn |
| Dec 31, 2025 | 529.00 Mn |
| Sep 30, 2025 | 536.00 Mn |
| Jun 30, 2025 | 621.00 Mn |
| Mar 31, 2025 | 627.00 Mn |
| Dec 31, 2024 | 561.00 Mn |
| Sep 30, 2024 | 562.00 Mn |
| Jun 30, 2024 | 630.00 Mn |
| Mar 31, 2024 | 647.00 Mn |
| Dec 31, 2023 | 611.00 Mn |
| Sep 30, 2023 | 695.00 Mn |
| Jun 30, 2023 | 828.00 Mn |
| Mar 31, 2023 | 983.00 Mn |
| Dec 31, 2022 | 1.06 Bn |
| Sep 30, 2022 | 1.28 Bn |
| Jun 30, 2022 | 1.09 Bn |
| Mar 31, 2022 | 1.05 Bn |
| Dec 31, 2021 | 1.11 Bn |
API Access
Xcel Energy Regulatory Assets (Current) 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=regulatory-assets-current&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "regulatory-assets-current", "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=regulatory-assets-current&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();