Xcel Energy (XEL) Regulatory Liabilities (Current) (2009 - 2026)
Xcel Energy (XEL) recorded Regulatory Liabilities (Current) of $691 million in Q3 2026, down 9.1% from $760 million a year earlier and down 18.3% from the prior quarter.
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Analysis
Xcel Energy (XEL) Regulatory Liabilities (Current) (2009 - 2026) Analysis & Trends
At the end of FY2025, Xcel Energy reported Regulatory Liabilities (Current) of $714 million, down 16.2% from FY2024.
- Annual Regulatory Liabilities (Current) has a five-year compound annual growth rate of 18.1% (FY2020 to FY2025).
- Across earlier years, Regulatory Liabilities (Current) came in at $852 million in FY2024 (+61.4%), $528 million in FY2023 (+26.3%), $418 million in FY2022 (+54.2%) and $271 million in FY2021 (-12.9%).
- The Q3 2026 figure is the lowest quarterly Regulatory Liabilities (Current) since Q1 2024.
- On a year-over-year basis, Regulatory Liabilities (Current) has declined for five consecutive quarters, with growth averaging 8.6% over the last eight quarters.
- Peak year-over-year performance for Regulatory Liabilities (Current) in the last five years was growth of 103.0% in Q2 2022, against a decline of 28.7% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $846 million (Q2 2026), $701 million (Q1 2026) and $714 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Regulatory Liabilities (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 | - | 489.00 Mn |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | - |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 51.00 Mn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | - |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 441.76 Mn |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 29.00 Mn |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - | 691.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 691.00 Mn |
| Jun 30, 2026 | 846.00 Mn |
| Mar 31, 2026 | 701.00 Mn |
| Dec 31, 2025 | 714.00 Mn |
| Sep 30, 2025 | 760.00 Mn |
| Jun 30, 2025 | 893.00 Mn |
| Mar 31, 2025 | 815.00 Mn |
| Dec 31, 2024 | 852.00 Mn |
| Sep 30, 2024 | 835.00 Mn |
| Jun 30, 2024 | 781.00 Mn |
| Mar 31, 2024 | 557.00 Mn |
| Dec 31, 2023 | 528.00 Mn |
| Sep 30, 2023 | 462.00 Mn |
| Jun 30, 2023 | 486.00 Mn |
| Mar 31, 2023 | 358.00 Mn |
| Dec 31, 2022 | 418.00 Mn |
| Sep 30, 2022 | 596.00 Mn |
| Jun 30, 2022 | 682.00 Mn |
| Mar 31, 2022 | 359.00 Mn |
| Dec 31, 2021 | 271.00 Mn |
API Access
Xcel Energy Regulatory Liabilities (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-liabilities-current&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "regulatory-liabilities-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-liabilities-current&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();