Xcel Energy Inc. (XEL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 84.83B | 81.37B | 79.15B | 75.34B | 72.75B | 70.03B | 69.29B | 67.93B | 65.58B | 64.08B | 62.87B | 61.66B | 60.95B | 61.19B | 59.98B | 59.32B | 57.98B | 57.85B | 57.52B | 56.78B |
| Asset Growth % | 16.6% | 16.19% | 14.24% | 10.91% | 10.92% | 9.29% | 10.21% | 10.17% | 7.61% | 4.72% | 4.83% | 3.95% | 5.1% | 5.77% | 4.27% | 4.47% | 2.61% | 7.22% | 7.09% | 6.22% |
| PP&E (Net) | 70.11B | 67.88B | 65.37B | 61.88B | 59.88B | 58.26B | 56.42B | 55.03B | 53.93B | 52.86B | 51.73B | 50.81B | 50.09B | 49.46B | 48.44B | 47.74B | 47.08B | 46.75B | 46.07B | 45.53B |
| PP&E / Total Assets % | 82.65% | 83.42% | 82.58% | 82.14% | 82.32% | 83.18% | 81.43% | 81.02% | 82.23% | 82.49% | 82.28% | 82.4% | 82.19% | 80.83% | 80.77% | 80.48% | 81.19% | 80.81% | 80.1% | 80.19% |
| Total Current Assets | 5.88B | 5.01B | 5.68B | 5.67B | 5.37B | 4.33B | 5.47B | 5.7B | 4.49B | 4.07B | 4.4B | 4.2B | 4.25B | 5.14B | 5.09B | 4.84B | 4.02B | 4.24B | 4.49B | 4.15B |
| Cash & Equivalents | 1.76B | 274M | 1.05B | 1.45B | 1.12B | 179M | 1.54B | 1.6B | 501M | 129M | 594M | 275M | 114M | 111M | 117M | 335M | 90M | 166M | 631M | 538M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 709M | 761M | 723M | 668M | 625M | 666M | 638M | 622M | 623M | 711M | 688M | 625M | 580M | 803M | 870M | 645M | 505M | 631M | 587M | 500M |
| Other Current Assets | 2.07B | 1.77B | 1.52B | 1.53B | 1.49B | 1.33B | 1.25B | 1.41B | 1.28B | 1.01B | 1.1B | 1.38B | 1.44B | 1.7B | 2.06B | 1.94B | 1.48B | 1.52B | 1.54B | 1.41B |
| Long-Term Investments | 4.34B | 4.39B | 4.27B | 4.09B | 3.89B | 3.9B | 3.95B | 3.79B | 3.75B | 3.6B | 3.39B | 3.46B | 3.37B | 3.23B | 3.08B | 3.23B | 3.49B | 3.63B | 3.45B | 3.39B |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 4.5B | 4.09B | 3.83B | 3.7B | 3.61B | 3.56B | 3.45B | 3.4B | 3.42B | 3.55B | 3.35B | 3.19B | 3.23B | 3.35B | 3.36B | 3.51B | 3.4B | 3.24B | 3.51B | 3.71B |
| Total Liabilities | 61.02B | 57.76B | 57.97B | 54.38B | 52.95B | 50.51B | 49.93B | 49.97B | 47.74B | 46.46B | 45.56B | 44.74B | 44.13B | 44.51B | 43.59B | 43.35B | 42.25B | 42.24B | 42.35B | 41.99B |
| Total Debt | 37.72B | 34.78B | 34.64B | 33.33B | 32.33B | 30.21B | 29.8B | 30.56B | 28.62B | 27.51B | 27.12B | 26.8B | 26.04B | 26.03B | 25.33B | 25.25B | 24.68B | 24.74B | 24.75B | 24.7B |
| Net Debt | 35.96B | 34.51B | 33.58B | 31.87B | 31.2B | 30.03B | 28.26B | 28.96B | 28.12B | 27.39B | 26.53B | 26.53B | 25.93B | 25.92B | 25.21B | 24.91B | 24.59B | 24.57B | 24.12B | 24.16B |
| Long-Term Debt | 36.61B | 31.83B | 32.03B | 31.1B | 29.4B | 27.32B | 27.47B | 27.72B | 26.4B | 24.91B | 24.91B | 24.02B | 22.82B | 22.81B | 23.31B | 23.2B | 21.53B | 21.78B | 20.98B | 21.48B |
| Short-Term Borrowings | 1.11B | 2.05B | 1.33B | 1.07B | 1.82B | 1.8B | 1.2B | 1.66B | 1.01B | 1.34B | 1.05B | 1.59B | 1.98B | 1.96B | 809M | 787M | 1.85B | 1.61B | 2.37B | 1.77B |
| Capital Lease Obligations | 0 | 898M | 1.39B | 1.16B | 1.11B | 1.09B | 1.13B | 1.19B | 1.21B | 1.26B | 1.16B | 1.19B | 1.24B | 1.25B | 1.21B | 1.26B | 1.3B | 1.35B | 1.41B | 1.46B |
| Total Current Liabilities | 7.64B | 7.09B | 7.15B | 5.89B | 6.74B | 6.46B | 5.86B | 5.9B | 5.21B | 5.65B | 5.07B | 5.23B | 5.66B | 6.08B | 4.9B | 4.87B | 5.35B | 5.05B | 5.76B | 4.95B |
| Accounts Payable | 2.26B | 2.31B | 2.33B | 2.1B | 1.94B | 1.78B | 1.71B | 1.55B | 1.46B | 1.67B | 1.45B | 1.31B | 1.34B | 1.8B | 1.59B | 1.59B | 1.26B | 1.41B | 1.32B | 1.27B |
| Accrued Expenses | 0 | 337M | 410M | 319M | 330M | 280M | 329M | 299M | 291M | 251M | 288M | 233M | 242M | 217M | 244M | 219M | 209M | 209M | 206M | 207M |
| Deferred Revenue | 0 | 129M | 130M | 132M | 139M | 146M | 154M | 154M | 159M | 167M | 173M | 174M | 180M | 181M | 187M | 184M | 192M | 196M | 199M | 196M |
| Other Current Liabilities | 4.26B | 1.35B | 1.66B | 1.49B | 1.47B | 1.52B | 1.59B | 1.51B | 1.27B | 1.32B | 1.23B | 1.18B | 909M | 1.04B | 1.24B | 1.38B | 886M | 799M | 854M | 810M |
| Deferred Taxes | 5.92B | 7.27B | 5.93B | 5.74B | 5.37B | 5.36B | 5.52B | 5.34B | 5.17B | 4.95B | 4.75B | 4.7B | 4.78B | 4.8B | 4.81B | 4.76B | 4.87B | 4.95B | 4.91B | 4.81B |
| Other Liabilities | 10.86B | 10.66B | 11.59B | 10.57B | 10.41B | 10.37B | 10.02B | 9.91B | 9.83B | 9.75B | 9.73B | 9.65B | 9.67B | 9.6B | 9.38B | 9.29B | 9.21B | 9.13B | 9.3B | 9.32B |
| Total Equity | 23.81B | 23.61B | 21.18B | 20.96B | 19.8B | 19.52B | 19.35B | 17.95B | 17.84B | 17.62B | 17.31B | 16.91B | 16.82B | 16.68B | 16.38B | 15.97B | 15.73B | 15.61B | 15.17B | 14.79B |
| Equity Growth % | 20.21% | 20.94% | 9.45% | 16.75% | 11% | 10.82% | 11.8% | 6.15% | 6.08% | 5.64% | 5.65% | 5.9% | 6.9% | 6.81% | 8% | 7.97% | 7.02% | 7.11% | 10.12% | 10.51% |
| Shareholders Equity | 23.81B | 23.61B | 21.18B | 20.96B | 19.8B | 19.52B | 19.35B | 17.95B | 17.84B | 17.62B | 17.31B | 16.91B | 16.82B | 16.68B | 16.38B | 15.97B | 15.73B | 15.61B | 15.17B | 14.79B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 1.56B | 1.56B | 1.48B | 1.48B | 1.44B | 1.44B | 1.44B | 1.39B | 1.39B | 1.39B | 1.38B | 1.38B | 1.38B | 1.37B | 1.37B | 1.37B | 1.36B | 1.36B | 1.35B | 1.35B |
| Additional Paid-in Capital | 0 | 12.91B | 10.77B | 10.74B | 9.73B | 9.6B | 9.58B | 8.59B | 8.48B | 8.46B | 8.27B | 8.25B | 8.17B | 8.15B | 7.98B | 7.96B | 7.8B | 7.8B | 7.44B | 7.43B |
| Retained Earnings | 9.39B | 9.21B | 8.99B | 8.81B | 8.71B | 8.55B | 8.41B | 8.04B | 8.04B | 7.86B | 7.74B | 7.37B | 7.37B | 7.24B | 7.13B | 6.75B | 6.69B | 6.57B | 6.51B | 6.15B |
| Accumulated OCI | -59M | -63M | -65M | -66M | -72M | -68M | -66M | -67M | -71M | -94M | -78M | -82M | -97M | -93M | -91M | -103M | -116M | -123M | -126M | -135M |
| Return on Assets (ROA) | 0.67% | 0.71% | 0.68% | 0.6% | 0.68% | 0.67% | 0.99% | 0.45% | 0.75% | 0.64% | 1.05% | 0.47% | 0.68% | 0.63% | 1.09% | 0.56% | 0.66% | 0.55% | 1.07% | 0.55% |
| Return on Equity (ROE) | 2.35% | 2.53% | 2.49% | 2.18% | 2.46% | 2.39% | 3.66% | 1.69% | 2.75% | 2.34% | 3.83% | 1.71% | 2.5% | 2.29% | 4.01% | 2.07% | 2.42% | 2.05% | 4.06% | 2.11% |
| Debt / Equity | 1.58x | 1.47x | 1.64x | 1.59x | 1.63x | 1.55x | 1.54x | 1.70x | 1.60x | 1.56x | 1.57x | 1.58x | 1.55x | 1.56x | 1.55x | 1.58x | 1.57x | 1.58x | 1.63x | 1.67x |
| Debt / Assets | 44.47% | 42.74% | 43.76% | 44.24% | 44.44% | 43.13% | 43.02% | 44.99% | 43.64% | 42.94% | 43.14% | 43.47% | 42.73% | 42.54% | 42.23% | 42.57% | 42.56% | 42.76% | 43.03% | 43.5% |
| Net Debt / EBITDA | 23.98x | 22.61x | 21.86x | 23.96x | 21.67x | 27.75x | 17.36x | 24.38x | 20.63x | 22.19x | 16.92x | 26.19x | 21.03x | 22.21x | 16.11x | 21.80x | 22.21x | 24.40x | 17.12x | 24.40x |
| Book Value per Share | 38.03 | 39.55 | 36.39 | 36.02 | 34.32 | 33.89 | 34.25 | 32.23 | 32.09 | 31.8 | 31.36 | 30.64 | 30.52 | 30.37 | 29.9 | 29.25 | 28.87 | 28.8 | 28.15 | 27.44 |