Xcel Energy (XEL) Weighted Average Shares Outstanding (2009 - 2026)
Xcel Energy (XEL) reported Weighted Average Shares Outstanding of 629 million for Q3 2026, up 6.3% from 592 million a year earlier and up 0.6% from the prior quarter.
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Analysis
Xcel Energy (XEL) Weighted Average Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Xcel Energy posted Weighted Average Shares Outstanding of 587 million, up 4.3% from FY2024.
- Weighted Average Shares Outstanding has increased for eight consecutive years, with a five-year compound annual growth rate of 2.2% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding came in at 563 million in FY2024 (+2.0%), 552 million in FY2023 (+0.9%), 547 million in FY2022 (+1.5%) and 539 million in FY2021 (+2.3%).
- The Q3 2026 figure ranks as the highest quarterly Weighted Average Shares Outstanding in data going back to Q1 2009.
- Year over year, Weighted Average Shares Outstanding has now increased in each of the last 35 quarters, with growth averaging 5.2% over the last eight quarters.
- Across the past five years, year-over-year growth in Weighted Average Shares Outstanding ran from 0.7% in Q3 2023 to 8.5% in Q1 2026.
- Per Business Quant data, the three quarters before Q3 2026 came in at 625 million (Q2 2026), 624 million (Q1 2026) and 587 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 629.00 Mn |
| Jun 30, 2026 | 625.00 Mn |
| Mar 31, 2026 | 624.00 Mn |
| Dec 31, 2025 | 587.00 Mn |
| Sep 30, 2025 | 592.00 Mn |
| Jun 30, 2025 | 586.00 Mn |
| Mar 31, 2025 | 575.00 Mn |
| Dec 31, 2024 | 563.00 Mn |
| Sep 30, 2024 | 564.00 Mn |
| Jun 30, 2024 | 557.00 Mn |
| Mar 31, 2024 | 556.00 Mn |
| Dec 31, 2023 | 552.00 Mn |
| Sep 30, 2023 | 552.00 Mn |
| Jun 30, 2023 | 551.00 Mn |
| Mar 31, 2023 | 551.00 Mn |
| Dec 31, 2022 | 547.00 Mn |
| Sep 30, 2022 | 548.00 Mn |
| Jun 30, 2022 | 546.00 Mn |
| Mar 31, 2022 | 545.00 Mn |
| Dec 31, 2021 | 539.00 Mn |
API Access
Xcel Energy Weighted Average Shares Outstanding 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=weighted-average-shares-outstanding&ticker=XEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "weighted-average-shares-outstanding", "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=weighted-average-shares-outstanding&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();