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
DateValue
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