XCEL ENERGY INC (XEL) Stock Fundamental Analysis
NASDAQ:XEL • US98389B1008
83.35 USD
+1.8 (+2.21%)
At close: Feb 23, 2026
83.4 USD
+0.05 (+0.06%)
After Hours: 2/23/2026, 6:09:50 PM
Taking everything into account, XEL scores 3 out of 10 in our fundamental rating. XEL was compared to 46 industry peers in the Electric Utilities industry. XEL has a medium profitability rating, but doesn't score so well on its financial health evaluation. XEL is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year XEL was profitable.
- XEL had a positive operating cash flow in the past year.
- In the past 5 years XEL has always been profitable.
- Of the past 5 years XEL 4 years had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of XEL (2.42%) is worse than 67.39% of its industry peers.
- XEL has a worse Return On Equity (9.04%) than 60.87% of its industry peers.
- XEL's Return On Invested Capital of 2.84% is on the low side compared to the rest of the industry. XEL is outperformed by 84.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.42% | ||
| ROE | 9.04% | ||
| ROIC | 2.84% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- XEL has a Profit Margin of 13.46%. This is comparable to the rest of the industry: XEL outperforms 47.83% of its industry peers.
- In the last couple of years the Profit Margin of XEL has remained more or less at the same level.
- XEL has a Operating Margin of 18.53%. This is in the lower half of the industry: XEL underperforms 63.04% of its industry peers.
- In the last couple of years the Operating Margin of XEL has remained more or less at the same level.
- XEL has a better Gross Margin (92.94%) than 95.65% of its industry peers.
- XEL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.53% | ||
| PM (TTM) | 13.46% | ||
| GM | 92.94% |
OM growth 3Y7.36%
OM growth 5Y1.34%
PM growth 3Y6.66%
PM growth 5Y1.48%
GM growth 3Y2.09%
GM growth 5Y-0.19%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so XEL is destroying value.
- There is no outstanding debt for XEL. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- Based on the Altman-Z score of 0.93, we must say that XEL is in the distress zone and has some risk of bankruptcy.
- XEL has a Altman-Z score (0.93) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 1.64 is on the high side and indicates that XEL has dependencies on debt financing.
- The Debt to Equity ratio of XEL (1.64) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.93 |
ROIC/WACC0.42
WACC6.74%
2.3 Liquidity
- A Current Ratio of 0.79 indicates that XEL may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.79, XEL is in line with its industry, outperforming 52.17% of the companies in the same industry.
- XEL has a Quick Ratio of 0.79. This is a bad value and indicates that XEL is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.69, XEL is in line with its industry, outperforming 56.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
- XEL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.62%, which is quite good.
- The Earnings Per Share has been growing slightly by 6.34% on average over the past years.
- The Revenue has grown by 9.14% in the past year. This is quite good.
- Measured over the past years, XEL shows a small growth in Revenue. The Revenue has been growing by 4.94% on average per year.
EPS 1Y (TTM)8.62%
EPS 3Y6.04%
EPS 5Y6.34%
EPS Q2Q%17.28%
Revenue 1Y (TTM)9.14%
Revenue growth 3Y-1.42%
Revenue growth 5Y4.94%
Sales Q2Q%14.13%
3.2 Future
- The Earnings Per Share is expected to grow by 9.22% on average over the next years. This is quite good.
- XEL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.64% yearly.
EPS Next Y10.1%
EPS Next 2Y10%
EPS Next 3Y9.24%
EPS Next 5Y9.22%
Revenue Next Year6.61%
Revenue Next 2Y7.4%
Revenue Next 3Y7.74%
Revenue Next 5Y6.64%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- XEL is valuated rather expensively with a Price/Earnings ratio of 22.05.
- XEL's Price/Earnings ratio is a bit more expensive when compared to the industry. XEL is more expensive than 60.87% of the companies in the same industry.
- XEL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.64.
- Based on the Price/Forward Earnings ratio of 20.03, the valuation of XEL can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of XEL is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.75, XEL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.05 | ||
| Fwd PE | 20.03 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of XEL indicates a slightly more expensive valuation: XEL is more expensive than 69.57% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.19 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.18
PEG (5Y)3.48
EPS Next 2Y10%
EPS Next 3Y9.24%
5. Dividend
5.1 Amount
- XEL has a Yearly Dividend Yield of 3.07%.
- XEL's Dividend Yield is comparable with the industry average which is at 3.15.
- XEL's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.07% |
5.2 History
- The dividend of XEL is nicely growing with an annual growth rate of 6.45%!
- XEL has been paying a dividend for at least 10 years, so it has a reliable track record.
- XEL has decreased its dividend recently.
Dividend Growth(5Y)6.45%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 65.69% of the earnings are spent on dividend by XEL. This is not a sustainable payout ratio.
- XEL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP65.69%
EPS Next 2Y10%
EPS Next 3Y9.24%
83.35
+1.8 (+2.21%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)02-05 2026-02-05/bmo
Earnings (Next)04-22 2026-04-22
Inst Owners95.29%
Inst Owner Change2.39%
Ins Owners0.14%
Ins Owner Change-0.88%
Market Cap49.30B
Revenue(TTM)14.67B
Net Income(TTM)1.92B
Analysts83.48
Price Target89.27 (7.1%)
Short Float %4.03%
Short Ratio4.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.07% |
Yearly Dividend2.08
Dividend Growth(5Y)6.45%
DP65.69%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.85%
Min EPS beat(2)-6.97%
Max EPS beat(2)14.67%
EPS beat(4)1
Avg EPS beat(4)-2.52%
Min EPS beat(4)-9.55%
Max EPS beat(4)14.67%
EPS beat(8)3
Avg EPS beat(8)-0.53%
EPS beat(12)5
Avg EPS beat(12)-1.25%
EPS beat(16)6
Avg EPS beat(16)-1.19%
Revenue beat(2)1
Avg Revenue beat(2)0.5%
Min Revenue beat(2)-0.38%
Max Revenue beat(2)1.39%
Revenue beat(4)1
Avg Revenue beat(4)-4.7%
Min Revenue beat(4)-18.13%
Max Revenue beat(4)1.39%
Revenue beat(8)1
Avg Revenue beat(8)-7.88%
Revenue beat(12)3
Avg Revenue beat(12)-4.13%
Revenue beat(16)7
Avg Revenue beat(16)-0.72%
PT rev (1m)-0.27%
PT rev (3m)-0.81%
EPS NQ rev (1m)-0.33%
EPS NQ rev (3m)-0.29%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)0.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.41%
Revenue NY rev (1m)-0.86%
Revenue NY rev (3m)0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.05 | ||
| Fwd PE | 20.03 | ||
| P/S | 3.47 | ||
| P/FCF | N/A | ||
| P/OCF | 10.86 | ||
| P/B | 2.33 | ||
| P/tB | 2.33 | ||
| EV/EBITDA | 14.19 |
EPS(TTM)3.78
EY4.54%
EPS(NY)4.16
Fwd EY4.99%
FCF(TTM)-8.7
FCFYN/A
OCF(TTM)7.67
OCFY9.2%
SpS24.05
BVpS35.81
TBVpS35.81
PEG (NY)2.18
PEG (5Y)3.48
Graham Number55.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.42% | ||
| ROE | 9.04% | ||
| ROCE | 3.66% | ||
| ROIC | 2.84% | ||
| ROICexc | 2.88% | ||
| ROICexgc | 2.88% | ||
| OM | 18.53% | ||
| PM (TTM) | 13.46% | ||
| GM | 92.94% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y7.36%
OM growth 5Y1.34%
PM growth 3Y6.66%
PM growth 5Y1.48%
GM growth 3Y2.09%
GM growth 5Y-0.19%
F-Score5
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.1 | ||
| Cap/Depr | 318.86% | ||
| Cap/Sales | 68.08% | ||
| Interest Coverage | 2.25 | ||
| Cash Conversion | 79.96% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 0.93 |
F-Score5
WACC6.74%
ROIC/WACC0.42
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.62%
EPS 3Y6.04%
EPS 5Y6.34%
EPS Q2Q%17.28%
EPS Next Y10.1%
EPS Next 2Y10%
EPS Next 3Y9.24%
EPS Next 5Y9.22%
Revenue 1Y (TTM)9.14%
Revenue growth 3Y-1.42%
Revenue growth 5Y4.94%
Sales Q2Q%14.13%
Revenue Next Year6.61%
Revenue Next 2Y7.4%
Revenue Next 3Y7.74%
Revenue Next 5Y6.64%
EBIT growth 1Y-1.86%
EBIT growth 3Y5.84%
EBIT growth 5Y6.35%
EBIT Next Year119.59%
EBIT Next 3Y38.19%
EBIT Next 5Y25.66%
FCF growth 1Y-184.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-8.34%
OCF growth 3YN/A
OCF growth 5YN/A
XCEL ENERGY INC / XEL FAQ
Can you provide the ChartMill fundamental rating for XCEL ENERGY INC?
ChartMill assigns a fundamental rating of 3 / 10 to XEL.
What is the valuation status for XEL stock?
ChartMill assigns a valuation rating of 1 / 10 to XCEL ENERGY INC (XEL). This can be considered as Overvalued.
What is the profitability of XEL stock?
XCEL ENERGY INC (XEL) has a profitability rating of 4 / 10.
What is the financial health of XCEL ENERGY INC (XEL) stock?
The financial health rating of XCEL ENERGY INC (XEL) is 1 / 10.
Is the dividend of XCEL ENERGY INC sustainable?
The dividend rating of XCEL ENERGY INC (XEL) is 5 / 10 and the dividend payout ratio is 65.69%.