Xcel Energy Operating Margin 2012-2026 | XEL

Current and historical operating margin for Xcel Energy (XEL) over the last 10 years. The current operating profit margin for Xcel Energy as of March 31, 2026 is 15.25%.
Unlock Macrotrends Premium
40 years of data
Faster, ad-free pages
Unlimited data exports
Full-width charts
Xcel Energy Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2026-03-31 $14.78B $2.66B 17.99%
2025-12-31 $14.67B $2.58B 17.61%
2025-09-30 $14.23B $2.35B 16.52%
2025-06-30 $13.96B $2.51B 18.00%
2025-03-31 $13.70B $2.38B 17.40%
2024-12-31 $13.44B $2.39B 17.75%
2024-09-30 $13.76B $2.61B 18.99%
2024-06-30 $13.78B $2.62B 19.00%
2024-03-31 $13.78B $2.59B 18.78%
2023-12-31 $14.21B $2.48B 17.46%
2023-09-30 $14.82B $2.43B 16.41%
2023-06-30 $15.24B $2.44B 16.01%
2023-03-31 $15.64B $2.49B 15.93%
2022-12-31 $15.31B $2.43B 15.86%
2022-09-30 $14.61B $2.34B 15.99%
2022-06-30 $14.00B $2.24B 15.98%
2022-03-31 $13.64B $2.21B 16.17%
2021-12-31 $13.43B $2.20B 16.40%
2021-09-30 $13.02B $2.20B 16.86%
2021-06-30 $12.74B $2.18B 17.15%
2021-03-31 $12.26B $2.17B 17.69%
2020-12-31 $11.53B $2.12B 18.36%
2020-09-30 $11.38B $2.14B 18.81%
2020-06-30 $11.21B $2.09B 18.60%
2020-03-31 $11.20B $2.07B 18.51%
2019-12-31 $11.53B $2.10B 18.25%
2019-09-30 $11.61B $1.99B 17.16%
2019-06-30 $11.65B $1.93B 16.58%
2019-03-31 $11.73B $1.97B 16.81%
2018-12-31 $11.54B $1.97B 17.03%
2018-09-30 $11.45B $2.07B 18.05%
2018-06-30 $11.42B $2.20B 19.22%
2018-03-31 $11.41B $2.21B 19.38%
2017-12-31 $11.40B $2.22B 19.49%
2017-09-30 $11.40B $2.27B 19.93%
2017-06-30 $11.43B $2.28B 19.92%
2017-03-31 $11.28B $2.24B 19.87%
2016-12-31 $11.11B $2.24B 20.17%
2016-09-30 $10.96B $2.19B 19.98%
2016-06-30 $10.82B $2.15B 19.86%
2016-03-31 $10.83B $2.14B 19.75%
2015-12-31 $11.02B $2.00B 18.14%
2015-09-30 $11.31B $1.95B 17.25%
2015-06-30 $11.28B $1.83B 16.24%
2015-03-31 $11.45B $1.81B 15.77%
2014-12-31 $11.69B $1.95B 16.67%
2014-09-30 $11.49B $1.88B 16.39%
2014-06-30 $11.44B $1.88B 16.45%
2014-03-31 $11.34B $1.89B 16.65%
2013-12-31 $10.92B $1.85B 16.93%
2013-09-30 $10.74B $1.84B 17.12%
2013-06-30 $10.64B $1.89B 17.80%
2013-03-31 $10.33B $1.90B 18.36%
2012-12-31 $10.13B $1.82B 17.99%
2012-09-30 $10.15B $1.85B 18.24%
2012-06-30 $10.25B $1.78B 17.37%
2012-03-31 $10.42B $1.73B 16.65%
2011-12-31 $10.66B $1.78B 16.72%
2011-09-30 $10.65B $1.76B 16.51%
2011-06-30 $10.45B $1.68B 16.05%
2011-03-31 $10.32B $1.64B 15.92%
2010-12-31 $10.31B $1.62B 15.71%
2010-09-30 $10.36B $1.65B 15.93%
2010-06-30 $10.05B $1.55B 15.40%
2010-03-31 $9.76B $1.50B 15.39%
2009-12-31 $9.65B $1.47B 15.22%
2009-09-30 $9.74B $1.47B 15.08%
2009-06-30 $10.27B $1.45B 14.13%
2009-03-31 $10.87B $1.43B 13.17%
2008-12-31 $11.20B $1.39B 12.42%
2008-09-30 $11.10B $1.33B 11.96%
2008-06-30 $10.65B $1.37B 12.91%
2008-03-31 $10.30B $1.40B 13.62%
2007-12-31 $10.03B $1.35B 13.46%
2007-09-30 $9.90B $1.29B 13.02%
2007-06-30 $9.91B $1.21B 12.16%
2007-03-31 $9.72B $1.14B 11.75%
2006-12-31 $9.84B $1.18B 11.96%
2006-09-30 $10.26B $1.20B 11.71%
2006-06-30 $10.13B $1.16B 11.40%
2006-03-31 $10.12B $1.13B 11.17%
2005-12-31 $9.63B $1.09B 11.35%
2005-09-30 $8.96B $1.06B 11.83%
2005-06-30 $8.65B $1.03B 11.95%
2005-03-31 $8.35B $1.03B 12.34%
2004-12-31 $8.22B $1.08B 13.10%
2004-09-30 $7.94B $1.15B 14.51%
2004-06-30 $7.97B $1.18B 14.81%
2004-03-31 $7.92B $1.14B 14.45%
2003-12-31 $7.73B $1.13B 14.55%
2003-09-30 $7.67B $1.08B 14.13%
2003-06-30 $8.14B $-1.42B -17.50%
2003-03-31 $8.65B $-1.27B -14.72%
2002-12-31 $8.95B $-1.28B -14.26%
2002-09-30 $4.88B $-1.87B -38.33%
2002-06-30 $5.39B $0.91B 16.82%
2002-03-31 $6.86B $1.03B 14.95%
2001-12-31 $8.72B $1.22B 13.97%
2001-09-30 $15.89B $-0.01B -0.03%
2001-06-30 $16.00B $-0.24B -1.49%
2001-03-31 $14.78B $-0.24B -1.64%
2000-12-31 $12.88B $-0.37B -2.90%
2000-09-30 $10.11B $2.86B 28.28%
2000-06-30 $8.83B $3.67B 41.57%
2000-03-31 $7.01B $3.33B 47.41%
1999-12-31 $5.43B $3.09B 56.92%
1999-09-30 $3.93B $1.54B 39.12%
1999-06-30 $2.88B $0.52B 18.08%
1999-03-31 $2.86B $0.52B 18.32%
1998-12-31 $2.82B $0.51B 18.09%
1998-09-30 $2.81B $0.51B 18.25%
1998-06-30 $2.74B $0.49B 17.79%
1998-03-31 $2.69B $0.49B 18.16%
1997-12-31 $2.73B $0.51B 18.54%
1997-09-30 $2.74B $0.53B 19.42%
1997-06-30 $2.68B $0.51B 19.18%
1997-03-31 $2.68B $0.53B 19.60%
1996-12-31 $2.65B $0.53B 19.86%
1996-09-30 $2.60B $0.50B 19.14%
1996-06-30 $2.63B $0.51B 19.25%
1996-03-31 $2.63B $0.50B 19.00%
1995-12-31 $2.57B $0.49B 19.19%
1995-09-30 $2.53B $0.47B 18.61%
1995-06-30 $2.47B $0.43B 17.48%
1995-03-31 $2.46B $0.43B 17.61%
1994-12-31 $2.49B $0.44B 17.62%
1994-09-30 $2.49B $0.44B 17.81%
1994-06-30 $2.47B $0.44B 17.74%
1994-03-31 $2.43B $0.43B 17.60%
1993-12-31 $2.39B $0.42B 17.45%
1993-09-30 $2.35B $0.40B 16.92%
1993-06-30 $2.28B $0.38B 16.83%
1993-03-31 $2.24B $0.37B 16.59%
1992-12-31 $2.16B $0.35B 16.07%
1992-09-30 $2.12B $0.35B 16.27%
1992-06-30 $2.19B $0.41B 18.53%
1992-03-31 $2.19B $0.40B 18.10%
1991-12-31 $2.20B $0.42B 19.17%
1991-09-30 $2.10B $0.32B 15.29%
1991-06-30 $2.07B $0.31B 14.92%
1991-03-31 $2.06B $0.39B 19.14%
1990-12-31 $2.07B $0.40B 19.52%
1990-09-30 $2.12B $0.50B 23.46%
1990-06-30 $2.05B $0.48B 23.31%
1990-03-31 $2.00B $0.41B 20.47%
1989-12-31 $1.98B $0.42B 21.01%
1989-09-30 $1.97B $0.41B 20.76%
1989-06-30 $2.01B $0.43B 21.12%
1989-03-31 $2.01B $0.43B 21.36%
1988-12-31 $2.00B $0.42B 21.14%
1988-09-30 $1.95B $0.43B 22.14%
1988-06-30 $1.89B $0.42B 22.10%
1988-03-31 $1.85B $0.40B 21.60%
1987-12-31 $1.77B $0.38B 21.69%
Sector Industry Market Cap Revenue
Utilities Utility - Electric Power Distribution $51.418B $14.669B
Xcel Energy Inc. is a holding company with subsidiaries engaged primarily in the utility business. Through its four regulated utility subsidiaries Northern States Power Company - Minnesota, NSP-Wisconsin, Public Service Company of Colorado and Southwestern Public Service Co. the company serves electricity customers and natural gas customers. Along with WYCO Development LLC and West Gas Inter State Inc., these companies comprise the regulated utility operations. Xcel Energy's operating utilities are engaged in the generation, purchase, transmission, distribution and sale of electricity in the U.S. The utilities generate electricity using coal, nuclear, hydro, wind and solar energy. Except SPS, the company's remaining utilities also purchase, transport, distribute and sell natural gas to retail customers, as well as transport customer-owned natural gas. Xcel Energy is undertaking initiatives to produce and deliver clean energy to customers.
Stock Name Country Market Cap PE Ratio
NextEra Energy (NEE) United States $196.185B 25.36
Iberdrola S.A (IBDRY) Spain $161.115B 22.76
Enel SpA (ENLAY) Italy $117.323B 17.22
Southern (SO) United States $109.616B 22.65
Duke Energy (DUK) United States $102.548B 20.85
ENGIE - (ENGIY) France $87.078B 0.00
American Electric Power (AEP) United States $74.088B 22.87
E.ON SE (EONGY) Germany $60.416B 17.92
Dominion Energy (D) United States $56.456B 18.78
Entergy (ETR) United States $53.320B 29.79
Vistra (VST) United States $52.384B 28.65
RWE AG (RWEOY) Germany $50.325B 24.67
Exelon (EXC) United States $49.696B 17.60
Consolidated Edison Inc (ED) United States $41.838B 19.89
Public Service Enterprise Group (PEG) United States $41.460B 20.53
Pacific Gas & Electric (PCG) United States $40.750B 12.36
WEC Energy (WEC) United States $38.283B 22.26
NRG Energy (NRG) United States $35.202B 20.31
Ameren (AEE) United States $31.386B 22.56
DTE Energy (DTE) United States $31.138B 20.34
PPL (PPL) United States $29.823B 21.91
FirstEnergy (FE) United States $29.747B 20.17
Fortis (FTS) Canada $29.326B 23.13
AXIA Energia (AXIA) Brazil $29.326B 19.74
Edison (EIX) United States $29.145B 11.56
CenterPoint Energy (CNP) United States $28.384B 24.51
Eversource Energy (ES) United States $26.298B 14.67
Hydro One (HRNNF) Canada $25.785B 0.00
CMS Energy (CMS) United States $24.449B 21.99
Terna Rete Elettrica Nazionale SpA (TEZNY) Italy $24.308B 0.00
CLP Holdings (CLPHY) Hong Kong, SAR China $24.304B 0.00
NiSource (NI) United States $23.033B 25.29
Evergy (EVRG) United States $19.247B 21.94
Korea Electric Power (KEP) South Korea $19.002B 3.15
Alliant Energy (LNT) United States $18.880B 22.63
Power Assets Holdings (HGKGY) Hong Kong, SAR China $17.467B 0.00
United Utilities Group (UUGRY) United Kingdom $12.792B 0.00
Pinnacle West Capital (PNW) United States $12.537B 20.47
China Resources Power Holdings (CRPJY) Hong Kong, SAR China $12.216B 0.00
Brookfield Renewable Partners (BEP) Bermuda $10.512B 0.00
AES (AES) United States $10.261B 6.15
OGE Energy (OGE) United States $10.205B 21.41
Companhia Paranaense De Energia - Copel (ELPC) $9.929B 28.38
ENGIE BRASL EGA (EGIEY) Brazil $8.282B 17.20
IDACORP (IDA) United States $8.108B 25.00
Comp En De Mn Cemig ADS (CIG) Brazil $7.813B 0.00
Portland General Electric (POR) United States $6.215B 17.66
Enel Chile S.A (ENIC) Chile $6.128B 11.07
Black Hills (BKH) United States $5.613B 17.96
Companhia Paranaense De Energia (COPEL) (ELP) Brazil $5.520B 84.27
Algonquin Power & Utilities (AQN) Canada $4.912B 19.36
Pampa Energia S.A (PAM) Argentina $4.748B 12.60
Kenon Holdings (KEN) Singapore $4.594B 0.00
NorthWestern (NWE) United States $4.342B 19.72
TransAlta (TAC) Canada $4.161B 93.33
Allete (ALE) United States $3.945B 23.02
Otter Tail (OTTR) United States $3.788B 13.76
Avista (AVA) United States $3.456B 17.52
Centuri Holdings (CTRI) United States $3.397B 93.58
MGE Energy (MGEE) United States $2.968B 21.71
Hawaiian Electric Industries (HE) United States $2.710B 18.26
Empresa Distribuidora Y Comercializadora Norte S.A (Edenor) (EDN) Argentina $1.307B 6.74
Unitil (UTL) United States $0.982B 17.11
Ballard Power Systems (BLDP) Canada $0.847B 0.00
Genie Energy (GNE) United States $0.381B 0.00
Polar Power (POLA) United States $0.005B 0.00
Great Plains Energy Inc (GXP) United States $0.000B 0.00
Eletrobras (EBR.B) Brazil $0.000B 0.00