Xcel Energy (XELLL) Tax Rate (2009 - 2026)

Xcel Energy (XELLL) posted Tax Rate of 9.23% for Q1 2026, up 69.57% sequentially from 30.34% in Q4 2025, and up 522.0% YoY from 1.48% in Q1 2025.

Xcel Energy (XELLL) Tax Rate (2009 - 2026) Analysis & Trends

Xcel Energy (XELLL) has 18 years of Tax Rate data on file, last reported at 9.23% in Q1 2026.

  • Quarterly Tax Rate rose 522.0% year-over-year to 9.23% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.42% (up 1674.0% YoY) and the FY2025 annual result came in at 13.82%, up 1239.0% from the prior year.
  • Tax Rate grew to 9.23% in Q1 2026 per XELLL's latest filing, from 30.34% in the prior quarter.
  • The five-year high for Tax Rate was 6.35% in Q3 2022, with the low at 177.84% in Q4 2024.
  • Average Tax Rate over 5 years is 24.21%, with a median of 14.52% recorded in 2023.
  • Year-over-year, Tax Rate slumped 16548 bps in 2024 and jumped 14750 bps in 2025.
  • Xcel Energy's Tax Rate stood at 16.98% in 2022, then grew by 27 bps to 12.36% in 2023, then sank 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.
  • Business Quant data shows XELLL's Tax Rate at 9.23% in Q1 2026, 30.34% in Q4 2025, and 1.5% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Dominion Energy 1,757.60 Bn 1,761.80 Bn 4.03 Bn 5.15%
2 Portland General Electric 122.81 Bn 122.64 Bn 769.00 Mn 16.67%
3 Xcel Energy 49.73 Bn 47.83 Bn 3.35 Bn -9.23%
4 Wec Energy 37.85 Bn 38.21 Bn 2.83 Bn 6.18%
5 Wisconsin Electric Power 35.43 Bn 35.43 Bn 1.04 Bn 11.43%
6 Ameren 31.03 Bn 31.14 Bn 1.69 Bn 14.35%
7 Edison International 28.30 Bn 28.14 Bn 3.85 Bn 26.18%
8 Firstenergy 27.21 Bn 28.58 Bn 2.74 Bn 22.85%
9 Alliant Energy 19.48 Bn 18.92 Bn 854.00 Mn -39.22%
10 Xcel Energy - - 3.35 Bn -9.23%

Historic Data

Download Data
DateValue
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%