Xcel Energy (XEL) Return on Equity [ROE] (2009 - 2026)
Xcel Energy's Return on Equity [ROE] was 9.33% in Q2 2026, down 0.84 percentage points from 10.17% a year earlier but up 0.51 percentage points from the prior quarter.
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Analysis
Xcel Energy (XEL) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Xcel Energy came in at 9.36%, down 1.07 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of -1.23 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 10.43% in FY2024 (+0.10 pp), 10.33% in FY2023 (-0.42 pp), 10.75% in FY2022 (+0.17 pp) and 10.58% in FY2021 (-0.01 pp).
- Quarterly Return on Equity [ROE] has moved between 8.82% (Q1 2026) and 10.59% (Q1 2023) over five years.
- Compared with a year earlier, Return on Equity [ROE] has declined for eight straight quarters, with an average year-over-year change of -0.60 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q1 2023 (a gain of 0.29 percentage points); the worst was Q1 2026 (a drop of 1.00 percentage points).
- Per Business Quant data, XEL's Return on Equity [ROE] in the three quarters before Q2 2026 was 8.82% (Q1 2026), 9.01% (Q4 2025) and 9.09% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - | 13.86% |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn | 9.25% |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn | 9.58% |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn | 9.61% |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - | 7.43% |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn | 6.86% |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - | 10.17% |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - | 9.33% |
| 10 | Exelon | 45.85 Bn | 41.17 Bn | - | 9.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.33% |
| Mar 31, 2026 | 8.82% |
| Dec 31, 2025 | 9.01% |
| Sep 30, 2025 | 9.09% |
| Jun 30, 2025 | 10.17% |
| Mar 31, 2025 | 9.82% |
| Dec 31, 2024 | 9.96% |
| Sep 30, 2024 | 10.08% |
| Jun 30, 2024 | 10.36% |
| Mar 31, 2024 | 10.38% |
| Dec 31, 2023 | 10.14% |
| Sep 30, 2023 | 10.17% |
| Jun 30, 2023 | 10.28% |
| Mar 31, 2023 | 10.59% |
| Dec 31, 2022 | 10.50% |
| Sep 30, 2022 | 10.34% |
| Jun 30, 2022 | 10.30% |
| Mar 31, 2022 | 10.31% |
| Dec 31, 2021 | 10.38% |
| Sep 30, 2021 | 10.48% |
API Access
Xcel Energy Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();