Xcel Energy (XELLL) Tax Rate (2009 - 2026)
Xcel Energy's (XELLL) quarterly Tax Rate came in at 9.23% in Q1 2026, up 522.0% year-on-year from 1.48% in Q1 2025, and up 69.57% quarter-over-quarter from 30.34% in Q4 2025.
Xcel Energy (XELLL) Tax Rate (2009 - 2026) Analysis & Trends
Xcel Energy has disclosed Tax Rate across 18 years of filings, most recently posting 9.23% for Q1 2026.
- Tax Rate for Q1 2026 came in at 9.23%, up 522.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.42% (up 1674.0% YoY), and the FY2025 annual result was 13.82%, up 1239.0% from the prior year.
- Tax Rate came in at 9.23% for Q1 2026 at Xcel Energy, up from 30.34% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 6.35% in Q3 2022 to a low of 177.84% in Q4 2024.
- The 5-year median for Tax Rate is 14.52% (2023), against an average of 24.21%.
- Across the five-year window, Tax Rate plunged 16548 bps in 2024 and soared 14750 bps in 2025, its largest moves.
- Xcel Energy's Tax Rate stood at 16.98% in 2022, then gained by 27 bps to 12.36% in 2023, then plunged by 1339 bps to 177.84% in 2024, then surged by 83 bps to 30.34% in 2025, then soared by 70 bps to 9.23% in 2026.
- The last three Tax Rate figures came in at 9.23% (Q1 2026), 30.34% (Q4 2025), and 1.5% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 660.37 Bn | 660.11 Bn | 1.70 Bn | 16.62% |
| 2 | Dominion Energy | 58.24 Bn | 62.43 Bn | 4.03 Bn | 5.15% |
| 3 | Xcel Energy | 48.65 Bn | 46.75 Bn | 3.35 Bn | -9.23% |
| 4 | Wec Energy | 36.78 Bn | 37.14 Bn | 2.83 Bn | 6.18% |
| 5 | Ameren | 29.86 Bn | 29.98 Bn | 1.69 Bn | 14.35% |
| 6 | Edison International | 27.43 Bn | 27.27 Bn | 3.85 Bn | 26.18% |
| 7 | Korea Electric Power | 26.93 Bn | 12.16 Bn | 11.57 Bn | - |
| 8 | Firstenergy | 26.52 Bn | 27.89 Bn | 2.74 Bn | 22.85% |
| 9 | Cms Energy | 22.21 Bn | 22.62 Bn | 2.28 Bn | 23.48% |
| 10 | Xcel Energy | - | - | 3.35 Bn | -9.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.23% |
| Mar 31, 2026 | -9.23% |
| Dec 31, 2025 | -30.34% |
| Dec 31, 2025 | -30.34% |
| Sep 30, 2025 | 1.50% |
| Sep 30, 2025 | 1.50% |
| Jun 30, 2025 | -15.63% |
| Jun 30, 2025 | -15.63% |
| Mar 31, 2025 | -14.45% |
| Mar 31, 2025 | -14.45% |
| Dec 31, 2024 | -177.84% |
| Dec 31, 2024 | -177.84% |
| Sep 30, 2024 | 1.45% |
| Sep 30, 2024 | 1.45% |
| Jun 30, 2024 | -41.12% |
| Jun 30, 2024 | -41.12% |
| Mar 31, 2024 | -5.86% |
| Mar 31, 2024 | -5.86% |
| Dec 31, 2023 | -12.36% |
| Dec 31, 2023 | -12.36% |