Xcel Energy (XEL) Tax Provisions (2009 - 2026)
Xcel Energy's (XEL) quarterly Tax Provisions came in at -$60.0 million in Q2 2026, little changed year-over-year from -$60.0 million in Q2 2025, and down 27.66% quarter-over-quarter from -$47.0 million in Q1 2026.
Analysis
Xcel Energy (XEL) Tax Provisions (2009 - 2026) Analysis & Trends
Xcel Energy has disclosed Tax Provisions across 18 years of filings, most recently posting -$60.0 million for Q2 2026.
- In Q2 2026, Tax Provisions changed 0.0% year-over-year to -$60.0 million; the TTM figure through Jun 2026 stood at -$231.0 million (up 43.38% YoY), while the FY2025 annual figure was -$245.0 million, up 39.05% from the prior year.
- Tax Provisions came in at -$60.0 million for Q2 2026 at Xcel Energy, down from -$47.0 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.
- Average Tax Provisions over 5 years is -$57.5 million, with a median of -$54.0 million recorded in 2022.
- Year-over-year, Tax Provisions tumbled 560.0% in 2024 and soared 55.56% in 2025.
- Over 5 years, Tax Provisions stood at -$55.0 million in 2022, then advanced by 18.18% to -$45.0 million in 2023, then plunged by 560.0% to -$297.0 million in 2024, then soared by 55.56% to -$132.0 million in 2025, then soared by 54.55% to -$60.0 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were -$60.0 million in Q2 2026, -$47.0 million in Q1 2026, and -$132.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 290.50 Bn | 290.50 Bn | 890.00 Mn | -98.00 Mn |
| 2 | Dominion Energy | 55.93 Bn | 59.84 Bn | 3.50 Bn | 122.00 Mn |
| 3 | Xcel Energy | 45.14 Bn | 43.13 Bn | 3.12 Bn | -60.00 Mn |
| 4 | Wec Energy | 33.62 Bn | 33.98 Bn | 1.45 Bn | 27.00 Mn |
| 5 | Ameren | 28.30 Bn | 28.41 Bn | - | 52.00 Mn |
| 6 | Fortis | 27.45 Bn | 28.74 Bn | 1.60 Bn | 54.94 Mn |
| 7 | Firstenergy | 26.18 Bn | 27.48 Bn | 2.51 Bn | 92.00 Mn |
| 8 | Hydro One | 22.32 Bn | 21.93 Bn | - | 49.88 Mn |
| 9 | Edison International | 21.27 Bn | 21.03 Bn | 3.29 Bn | 114.00 Mn |
| 10 | Cms Energy | 20.49 Bn | 20.87 Bn | 3.65 Bn | 118.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -60.00 Mn |
| 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 |