Xcel Energy (XEL) Return on Equity [ROE] (2009 - 2026)
Xcel Energy's Return on Equity [ROE] was 10.77% in Q3 2026, up 1.68 percentage points from 9.09% a year earlier and up 1.44 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).
- The Q3 2026 figure marks the highest quarterly Return on Equity [ROE] since Q3 2020.
- Compared with a year earlier, Return on Equity [ROE] was higher in 1 of the last eight quarters, with an average year-over-year change of -0.38 percentage points.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q3 2026 (a gain of 1.68 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 Q3 2026 was 9.33% (Q2 2026), 8.82% (Q1 2026) and 9.01% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 10.07% |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | 11.06% |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 13.86% |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 8.33% |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 9.75% |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 10.32% |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 10.81% |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 14.33% |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - | 10.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.77% |
| 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% |
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();