Xcel Energy Inc

XEL Earnings — EPS History, Revenue & Growth

Reported earnings per share, revenue and net income for XEL across recent quarters, with growth rates, margins and how those earnings translate into the multiple the market is paying today.

$72.02-0.39% todayUSD · live quote

XEL Earnings Per Share (TTM)

$3.65
Trailing twelve-month earnings per share reported by XEL.
XEL earnings are growing at 23.8% versus the comparable prior period.
Revenue (TTM)
$5.72B
Net income (TTM)
$2.09B
EPS growth
+23.8%
Revenue growth
-5.2%
Net margin
+15.3%
P/E on these earnings
20.22

XEL Quarterly EPS History

Reported earnings per share for XEL by quarter. Consistency matters as much as size — a smooth rising series earns a higher multiple than a volatile one.

Q2 2022 EPS $1.30Q3 2022 EPS $0.70Q4 2022 EPS $1.17Q1 2023 EPS $0.00Q2 2023 EPS $1.00Q3 2023 EPS $1.00Q4 2023 EPS $1.21Q1 2024 EPS $0.00Q2 2024 EPS $1.00Q3 2024 EPS $1.00Q4 2024 EPS $1.44Q1 2025 EPS $0.00Q2 2025 EPS $1.00Q3 2025 EPS $1.00Q4 2025 EPS $1.42Q1 2026 EPS $0.00

XEL Revenue by Quarter

Top-line revenue for XEL. Earnings growth that outpaces revenue growth comes from margin expansion, which is finite; revenue growth is the durable driver.

Q2 2015 revenue $2.52BQ3 2015 revenue $2.90BQ4 2015 revenue $2.65BQ1 2016 revenue $2.77BQ2 2016 revenue $2.50BQ3 2016 revenue $3.04BQ4 2016 revenue $2.79BQ1 2017 revenue $2.95BQ2 2017 revenue $2.64BQ3 2017 revenue $3.02BQ4 2017 revenue $2.80BQ1 2018 revenue $2.95BQ2 2018 revenue $2.66BQ3 2018 revenue $3.05BQ4 2018 revenue $2.88BQ2 2019 revenue $5.72B

XEL Earnings Results by Period

The last 12 reported periods for XEL, most recent first.

PeriodEPSRevenueNet incomeNet margin
Q1 2026$0.00$556.00M
Q4 2025$1.42$567.00M
Q3 2025$1.00$524.00M
Q2 2025$1.00$444.00M
Q1 2025$0.00$483.00M
Q4 2024$1.44$464.00M
Q3 2024$1.00$682.00M
Q2 2024$1.00$302.00M
Q1 2024$0.00$488.00M
Q4 2023$1.21$409.00M
Q3 2023$1.00$656.00M
Q2 2023$1.00$288.00M

Earnings vs Valuation & Market Positioning

Earnings set the base; the multiple and the statistical stretch of the price decide what you actually pay.

Market cap
$48.84B
Trailing P/E
20.22
Forward P/E
17.96
Gross margin
+40.4%
1H
-1.13
Statistically neutral
4H
-2.13
Statistically neutral
1D
-3.76
Statistically undervalued

How This XEL Earnings Data Is Built

Quarterly EPS, revenue and net income are pulled from XEL's reported filings through live ZCoreAI market endpoints. Trailing twelve-month figures sum the last four reported quarters. Net margin per period is net income divided by revenue for that same period, and year-over-year comparisons use the quarter four periods back to avoid seasonality distortions.

Growth rates come from the same reported series rather than adjusted or non-GAAP management figures, so they can differ from headline numbers quoted in company presentations. Nothing on this page is investment advice.

XEL Earnings FAQ

What are XEL earnings per share?

XEL reported trailing twelve-month EPS of $3.65, the sum of the last four reported quarters divided across shares outstanding.

Are XEL earnings growing?

XEL EPS growth is 23.8%, on -5.2% revenue growth. Earnings growing faster than revenue means margins are expanding.

When does XEL report earnings?

XEL reports on a quarterly cycle. The table above shows the most recent reported periods; the next release typically follows roughly three months after the latest period shown.

How do XEL earnings affect the stock price?

Price equals earnings times the multiple. At a 20.22x P/E, every dollar of EPS added or lost is amplified by that multiple, which is why earnings surprises move the price far more than the size of the surprise alone.

Where does ZCoreAI get XEL earnings data?

Reported EPS, revenue, net income and margins come from live ZCoreAI market endpoints sourced from company filings, refreshed on every page load.

XEL financials

Income statement, margins, cash and debt for XEL.

XEL P/E ratio

Trailing and forward multiples, PEG and earnings yield for XEL.

XEL forecast

DCF fair value, price prediction and signal targets for XEL.

XEL overview

Live chart, fundamentals and valuation context for XEL.

XEL dividends

Payout history, yield and dividend growth for XEL.

Data refreshed from live ZCoreAI market endpoints. Informational only — not investment advice.