Xcel Energy (XEL) Tax Rate (2016 - 2025)
Xcel Energy's Tax Rate history spans 16 years, with the latest figure at 43.71% for Q4 2025.
- For Q4 2025, Tax Rate rose 13414.0% year-over-year to 43.71%; the TTM value through Dec 2025 reached 14.94%, up 1127.0%, while the annual FY2025 figure was 19.76%, 645.0% up from the prior year.
- Tax Rate for Q4 2025 was 43.71% at Xcel Energy, down from 1.5% in the prior quarter.
- Across five years, Tax Rate topped out at 6.6% in Q3 2021 and bottomed at 177.84% in Q4 2024.
- The 5-year median for Tax Rate is 14.45% (2025), against an average of 22.78%.
- The largest annual shift saw Tax Rate crashed -16548bps in 2024 before it skyrocketed 13414bps in 2025.
- A 5-year view of Tax Rate shows it stood at 20.23% in 2021, then skyrocketed by 131bps to 6.35% in 2022, then plummeted by -295bps to 12.36% in 2023, then plummeted by -1339bps to 177.84% in 2024, then skyrocketed by 75bps to 43.71% in 2025.
- Per Business Quant, the three most recent readings for XEL's Tax Rate are 43.71% (Q4 2025), 1.5% (Q3 2025), and 15.62% (Q2 2025).