Xcel Energy (XELLL) Debt to Equity (2009 - 2026)
Xcel Energy's (XELLL) quarterly Debt to Equity came in at $1.51 in Q1 2026, up 100.16% year-on-year from $0.76 in Q1 2025, and up 10.52% quarter-over-quarter from $1.37 in Q4 2025.
Xcel Energy (XELLL) Debt to Equity (2009 - 2026) Analysis & Trends
Xcel Energy has disclosed Debt to Equity across 18 years of filings, most recently posting $1.51 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $1.51, up 100.16% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.51 (up 100.16% YoY), and the FY2025 annual result was $1.37, up 100.76% from the prior year.
- Debt to Equity came in at $1.51 for Q1 2026 at Xcel Energy, up from $1.37 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.58 in Q3 2025 to a low of -$950.6 in Q2 2024.
- The 5-year median for Debt to Equity is -$412.02 (2023), against an average of -$425.22.
- Across the five-year window, Debt to Equity slumped 210.98% in 2024 and soared 100.76% in 2025, its largest moves.
- Xcel Energy's Debt to Equity stood at -$254.04 in 2022, then sank by 90.86% to -$484.87 in 2023, then soared by 62.81% to -$180.31 in 2024, then surged by 100.76% to $1.37 in 2025, then advanced by 10.52% to $1.51 in 2026.
- The last three Debt to Equity figures came in at $1.51 (Q1 2026), $1.37 (Q4 2025), and $1.58 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 660.37 Bn | 660.11 Bn | 1.70 Bn | - |
| 2 | Dominion Energy | 58.24 Bn | 62.43 Bn | 4.03 Bn | 1.44 |
| 3 | Xcel Energy | 48.65 Bn | 46.75 Bn | 3.35 Bn | 1.51 |
| 4 | Wec Energy | 36.78 Bn | 37.14 Bn | 2.83 Bn | 1.52 |
| 5 | Ameren | 29.86 Bn | 29.98 Bn | 1.69 Bn | 1.49 |
| 6 | Edison International | 27.43 Bn | 27.27 Bn | 3.85 Bn | 1.97 |
| 7 | Korea Electric Power | 26.93 Bn | 12.16 Bn | 11.57 Bn | 2.63 |
| 8 | Firstenergy | 26.52 Bn | 27.89 Bn | 2.74 Bn | 1.90 |
| 9 | Cms Energy | 22.21 Bn | 22.62 Bn | 2.28 Bn | 1.99 |
| 10 | Xcel Energy | - | - | 3.35 Bn | 1.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.51 |
| Dec 31, 2025 | 1.37 |
| Sep 30, 2025 | 1.58 |
| Jun 30, 2025 | -818.44 |
| Mar 31, 2025 | -924.21 |
| Dec 31, 2024 | -180.31 |
| Sep 30, 2024 | -745.03 |
| Jun 30, 2024 | -950.60 |
| Mar 31, 2024 | -379.55 |
| Dec 31, 2023 | -484.87 |
| Sep 30, 2023 | -649.03 |
| Jun 30, 2023 | -305.68 |
| Mar 31, 2023 | -412.02 |
| Dec 31, 2022 | -254.04 |
| Sep 30, 2022 | -427.86 |
| Jun 30, 2022 | -507.41 |
| Mar 31, 2022 | -194.22 |
| Dec 31, 2021 | -303.79 |
| Sep 30, 2021 | -303.01 |
| Jun 30, 2021 | -290.26 |