Xcel Energy (XEL) Return on Capital Employed (2009 - 2026)

Xcel Energy has disclosed Return on Capital Employed across 18 years of filings, most recently posting 3.52% for Q1 2026.

• Return on Capital Employed for Q1 2026 came in at 3.52%, down 16.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.52% (down 16.0% YoY), and the FY2025 annual result was 3.76%, down 17.0% from the prior year.
• Return on Capital Employed came in at 3.52% for Q1 2026 at Xcel Energy, roughly flat from 3.53% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 4.5% in Q1 2023 to a low of 3.35% in Q3 2025.
• The 5-year median for Return on Capital Employed is 4.18% (2022), against an average of 4.05%.
• Across the five-year window, Return on Capital Employed surged 31 bps in 2023 and plunged 81 bps in 2025, its largest moves.
• Xcel Energy's Return on Capital Employed stood at 4.45% in 2022, then fell by 4 bps to 4.29% in 2023, then declined by 12 bps to 3.78% in 2024, then retreated by 6 bps to 3.53% in 2025, then retreated by 0 bps to 3.52% in 2026.
• The last three Return on Capital Employed figures came in at 3.52% (Q1 2026), 3.53% (Q4 2025), and 3.35% (Q3 2025), per Business Quant data.