Xcel Energy (XEL) Tax Provisions (2009 - 2026)
Xcel Energy (XEL) reported Tax Provisions of -$47.0 million for Q1 2026, up 22.95% on a YoY basis from -$38.2 million in Q1 2025, and up 64.39% sequentially from -$132.0 million in Q4 2025.
Xcel Energy (XEL) Tax Provisions (2009 - 2026) Analysis & Trends
Xcel Energy (XEL) has 18 years of Tax Provisions data on file, last reported at -$47.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 22.95% year-over-year to -$47.0 million; the trailing twelve-month figure through Mar 2026 stood at -$231.0 million (up 47.02% YoY), and the FY2025 full-year result was -$245.0 million, up 39.05% from the prior year.
- Tax Provisions climbed to -$47.0 million in Q1 2026, from -$132.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $44.0 million in Q3 2022 to a low of -$297.0 million in Q4 2024.
- A 5-year average of -$57.4 million and a median of -$53.0 million in 2023 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions slumped 560.0% in 2024 and surged 55.56% in 2025, its largest moves.
- Tracing XEL's Tax Provisions over 5 years: stood at -$55.0 million in 2022, then gained by 18.18% to -$45.0 million in 2023, then tumbled by 560.0% to -$297.0 million in 2024, then surged by 55.56% to -$132.0 million in 2025, then surged by 64.39% to -$47.0 million in 2026.
- Business Quant data shows XEL's Tax Provisions at -$47.0 million in Q1 2026, -$132.0 million in Q4 2025, and $8.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 81.67 Mn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 175.00 Mn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | -47.00 Mn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 53.10 Mn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 60.00 Mn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 682.00 Mn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 138.00 Mn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 29.90 Mn |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 85.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -47.00 Mn |
| Dec 31, 2025 | -132.00 Mn |
| Sep 30, 2025 | 8.00 Mn |
| Jun 30, 2025 | -60.00 Mn |
| Mar 31, 2025 | -61.00 Mn |
| Dec 31, 2024 | -297.00 Mn |
| Sep 30, 2024 | 10.00 Mn |
| Jun 30, 2024 | -88.00 Mn |
| Mar 31, 2024 | -27.00 Mn |
| Dec 31, 2023 | -45.00 Mn |
| Sep 30, 2023 | 40.00 Mn |
| Jun 30, 2023 | -88.00 Mn |
| Mar 31, 2023 | -53.00 Mn |
| Dec 31, 2022 | -55.00 Mn |
| Sep 30, 2022 | 44.00 Mn |
| Jun 30, 2022 | -74.00 Mn |
| Mar 31, 2022 | -50.00 Mn |
| Dec 31, 2021 | -53.00 Mn |
| Sep 30, 2021 | 43.00 Mn |
| Jun 30, 2021 | -38.00 Mn |