Xcel Energy (XEL) Return on Capital Employed [ROCE] (2009 - 2026)
Xcel Energy (XEL) recorded Return on Capital Employed [ROCE] of 4.08% in Q3 2026, up 0.73 percentage points from 3.35% a year earlier and up 0.47 percentage points from the prior quarter.
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Analysis
Xcel Energy (XEL) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Xcel Energy reported Return on Capital Employed [ROCE] of 3.76%, down 0.17 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has declined for three straight years, with a five-year change of -0.65 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 3.94% in FY2024 (-0.42 pp), 4.35% in FY2023 (-0.19 pp), 4.54% in FY2022 (+0.21 pp) and 4.33% in FY2021 (-0.08 pp).
- The Q3 2026 figure is the highest quarterly Return on Capital Employed [ROCE] since Q3 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in 1 of the last eight quarters, with an average year-over-year change of -0.29 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 0.73 percentage points in Q3 2026, against a drop of 0.81 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.61% (Q2 2026), 3.52% (Q1 2026) and 3.53% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 6.20% |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | 35.28% |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 4.25% |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 5.18% |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 5.27% |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 5.11% |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 4.74% |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 5.25% |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - | 4.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.08% |
| Jun 30, 2026 | 3.61% |
| Mar 31, 2026 | 3.52% |
| Dec 31, 2025 | 3.53% |
| Sep 30, 2025 | 3.35% |
| Jun 30, 2025 | 3.69% |
| Mar 31, 2025 | 3.69% |
| Dec 31, 2024 | 3.78% |
| Sep 30, 2024 | 4.17% |
| Jun 30, 2024 | 4.30% |
| Mar 31, 2024 | 4.34% |
| Dec 31, 2023 | 4.29% |
| Sep 30, 2023 | 4.25% |
| Jun 30, 2023 | 4.35% |
| Mar 31, 2023 | 4.50% |
| Dec 31, 2022 | 4.45% |
| Sep 30, 2022 | 4.25% |
| Jun 30, 2022 | 4.15% |
| Mar 31, 2022 | 4.18% |
| Dec 31, 2021 | 4.17% |
API Access
Xcel Energy Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();