XCEL ENERGY INC (XEL) Fundamental Analysis & Valuation

NASDAQ:XEL • US98389B1008

Current stock price

81.91 USD
+1.09 (+1.35%)
At close:
81.84 USD
-0.07 (-0.09%)
After Hours:

This XEL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. XEL Profitability Analysis

1.1 Basic Checks

  • XEL had positive earnings in the past year.
  • XEL had a positive operating cash flow in the past year.
  • Each year in the past 5 years XEL has been profitable.
  • XEL had a positive operating cash flow in each of the past 5 years.
XEL Yearly Net Income VS EBIT VS OCF VS FCFXEL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B -6B

1.2 Ratios

  • The Return On Assets of XEL (2.48%) is worse than 65.22% of its industry peers.
  • XEL's Return On Equity of 8.55% is on the low side compared to the rest of the industry. XEL is outperformed by 67.39% of its industry peers.
  • The Return On Invested Capital of XEL (3.00%) is worse than 80.43% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for XEL is in line with the industry average of 4.49%.
Industry RankSector Rank
ROA 2.48%
ROE 8.55%
ROIC 3%
ROA(3y)2.67%
ROA(5y)2.72%
ROE(3y)9.51%
ROE(5y)9.83%
ROIC(3y)3.13%
ROIC(5y)3.21%
XEL Yearly ROA, ROE, ROICXEL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • XEL has a Profit Margin (13.76%) which is in line with its industry peers.
  • XEL's Profit Margin has been stable in the last couple of years.
  • Looking at the Operating Margin, with a value of 19.63%, XEL is in line with its industry, outperforming 41.30% of the companies in the same industry.
  • In the last couple of years the Operating Margin of XEL has remained more or less at the same level.
  • With an excellent Gross Margin value of 92.83%, XEL belongs to the best of the industry, outperforming 95.65% of the companies in the same industry.
  • XEL's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 19.63%
PM (TTM) 13.76%
GM 92.83%
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%
XEL Yearly Profit, Operating, Gross MarginsXEL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

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1

2. XEL Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), XEL is destroying value.
  • XEL has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for XEL has been increased compared to 5 years ago.
  • The debt/assets ratio for XEL is higher compared to a year ago.
XEL Yearly Shares OutstandingXEL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
XEL Yearly Total Debt VS Total AssetsXEL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.2 Solvency

  • XEL has an Altman-Z score of 0.95. This is a bad value and indicates that XEL is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.95, XEL is in line with its industry, outperforming 56.52% of the companies in the same industry.
  • A Debt/Equity ratio of 1.47 is on the high side and indicates that XEL has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.47, XEL perfoms like the industry average, outperforming 52.17% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.47
Debt/FCF N/A
Altman-Z 0.95
ROIC/WACC0.45
WACC6.66%
XEL Yearly LT Debt VS Equity VS FCFXEL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B

2.3 Liquidity

  • XEL has a Current Ratio of 0.71. This is a bad value and indicates that XEL is not financially healthy enough and could expect problems in meeting its short term obligations.
  • XEL's Current ratio of 0.71 is in line compared to the rest of the industry. XEL outperforms 45.65% of its industry peers.
  • A Quick Ratio of 0.60 indicates that XEL may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.60, XEL perfoms like the industry average, outperforming 52.17% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.71
Quick Ratio 0.6
XEL Yearly Current Assets VS Current LiabilitesXEL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. XEL Growth Analysis

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

  • XEL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.30% yearly.
  • The Revenue is expected to grow by 6.98% on average over the next years.
EPS Next Y10.03%
EPS Next 2Y9.92%
EPS Next 3Y9.76%
EPS Next 5Y9.3%
Revenue Next Year5.79%
Revenue Next 2Y6.9%
Revenue Next 3Y7.42%
Revenue Next 5Y6.98%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • 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.
XEL Yearly Revenue VS EstimatesXEL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B
XEL Yearly EPS VS EstimatesXEL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4 5

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Find the best growth stocksShow best growing peers

1

4. XEL Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 21.67, the valuation of XEL can be described as rather expensive.
  • Based on the Price/Earnings ratio, XEL is valued a bit more expensive than the industry average as 63.04% of the companies are valued more cheaply.
  • XEL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.70.
  • The Price/Forward Earnings ratio is 19.69, which indicates a rather expensive current valuation of XEL.
  • XEL's Price/Forward Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, XEL is valued at the same level.
Industry RankSector Rank
PE 21.67
Fwd PE 19.69
XEL Price Earnings VS Forward Price EarningsXEL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • XEL's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. XEL is more expensive than 73.91% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 14.06
XEL Per share dataXEL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20 30

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)2.16
PEG (5Y)3.42
EPS Next 2Y9.92%
EPS Next 3Y9.76%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. XEL Dividend Analysis

5.1 Amount

  • XEL has a Yearly Dividend Yield of 3.07%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 2.87, XEL pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, XEL pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.07%

5.2 History

  • The dividend of XEL has a limited annual growth rate of 5.83%.
  • XEL has paid a dividend for at least 10 years, which is a reliable track record.
  • The dividend of XEL decreased recently.
Dividend Growth(5Y)5.83%
Div Incr Years1
Div Non Decr Years1
XEL Yearly Dividends per shareXEL Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • XEL pays out 63.53% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of XEL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP63.53%
EPS Next 2Y9.92%
EPS Next 3Y9.76%
XEL Yearly Income VS Free CF VS DividendXEL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B -4B -6B
XEL Dividend Payout.XEL Dividend Payout, showing the Payout Ratio.XEL Dividend Payout.PayoutRetained Earnings

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XEL Fundamentals: All Metrics, Ratios and Statistics

XCEL ENERGY INC

NASDAQ:XEL (3/13/2026, 8:03:53 PM)

After market: 81.84 -0.07 (-0.09%)

81.91

+1.09 (+1.35%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)02-05
Earnings (Next)04-22
Inst Owners92.13%
Inst Owner Change2.41%
Ins Owners0.15%
Ins Owner Change7.38%
Market Cap51.10B
Revenue(TTM)14.67B
Net Income(TTM)2.02B
Analysts84.35
Price Target90.35 (10.3%)
Short Float %4.55%
Short Ratio4.89
Dividend
Industry RankSector Rank
Dividend Yield 3.07%
Yearly Dividend2.14
Dividend Growth(5Y)5.83%
DP63.53%
Div Incr Years1
Div Non Decr Years1
Ex-Date03-13
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.57%
Min EPS beat(2)-6.97%
Max EPS beat(2)-2.18%
EPS beat(4)1
Avg EPS beat(4)-1.01%
Min EPS beat(4)-9.55%
Max EPS beat(4)14.67%
EPS beat(8)2
Avg EPS beat(8)-1.02%
EPS beat(12)4
Avg EPS beat(12)-1.5%
EPS beat(16)6
Avg EPS beat(16)-1.3%
Revenue beat(2)0
Avg Revenue beat(2)-1.73%
Min Revenue beat(2)-3.08%
Max Revenue beat(2)-0.38%
Revenue beat(4)1
Avg Revenue beat(4)-0.93%
Min Revenue beat(4)-3.08%
Max Revenue beat(4)1.39%
Revenue beat(8)1
Avg Revenue beat(8)-6.4%
Revenue beat(12)2
Avg Revenue beat(12)-6.61%
Revenue beat(16)6
Avg Revenue beat(16)-1.36%
PT rev (1m)1.21%
PT rev (3m)0.39%
EPS NQ rev (1m)-0.76%
EPS NQ rev (3m)-0.59%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)-0.21%
Revenue NQ rev (1m)-1.82%
Revenue NQ rev (3m)-2.28%
Revenue NY rev (1m)-1.61%
Revenue NY rev (3m)-2.12%
Valuation
Industry RankSector Rank
PE 21.67
Fwd PE 19.69
P/S 3.48
P/FCF N/A
P/OCF 12.52
P/B 2.16
P/tB 2.16
EV/EBITDA 14.06
EPS(TTM)3.78
EY4.61%
EPS(NY)4.16
Fwd EY5.08%
FCF(TTM)-10.94
FCFYN/A
OCF(TTM)6.54
OCFY7.99%
SpS23.51
BVpS37.84
TBVpS37.84
PEG (NY)2.16
PEG (5Y)3.42
Graham Number56.73
Profitability
Industry RankSector Rank
ROA 2.48%
ROE 8.55%
ROCE 3.88%
ROIC 3%
ROICexc 3.01%
ROICexgc 3.01%
OM 19.63%
PM (TTM) 13.76%
GM 92.83%
FCFM N/A
ROA(3y)2.67%
ROA(5y)2.72%
ROE(3y)9.51%
ROE(5y)9.83%
ROIC(3y)3.13%
ROIC(5y)3.21%
ROICexc(3y)3.14%
ROICexc(5y)3.22%
ROICexgc(3y)3.14%
ROICexgc(5y)3.22%
ROCE(3y)4.02%
ROCE(5y)4.13%
ROICexgc growth 3Y-4.32%
ROICexgc growth 5Y-2.01%
ROICexc growth 3Y-4.32%
ROICexc growth 5Y-2.01%
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 RankSector Rank
Debt/Equity 1.47
Debt/FCF N/A
Debt/EBITDA 5.81
Cap/Depr 353.93%
Cap/Sales 74.36%
Interest Coverage 2.28
Cash Conversion 68.5%
Profit Quality N/A
Current Ratio 0.71
Quick Ratio 0.6
Altman-Z 0.95
F-Score5
WACC6.66%
ROIC/WACC0.45
Cap/Depr(3y)279.37%
Cap/Depr(5y)241.55%
Cap/Sales(3y)56.79%
Cap/Sales(5y)46.45%
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 Y10.03%
EPS Next 2Y9.92%
EPS Next 3Y9.76%
EPS Next 5Y9.3%
Revenue 1Y (TTM)9.14%
Revenue growth 3Y-1.42%
Revenue growth 5Y4.94%
Sales Q2Q%14.13%
Revenue Next Year5.79%
Revenue Next 2Y6.9%
Revenue Next 3Y7.42%
Revenue Next 5Y6.98%
EBIT growth 1Y20.66%
EBIT growth 3Y5.84%
EBIT growth 5Y6.35%
EBIT Next Year118.56%
EBIT Next 3Y42.57%
EBIT Next 5Y26.21%
FCF growth 1Y-150.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-12.02%
OCF growth 3Y1.26%
OCF growth 5Y7.47%

XCEL ENERGY INC / XEL Fundamental Analysis 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 63.53%.