3 months Premium FREE
No credit card. No commitment.
Xcel Energy Inc
🇺🇸 XEL · NYSE/NASDAQ
Utilities
Price at analysis: USD 75.72 Current price: USD 75.24 * updated every night
Scores
Key Metrics
Powered by EODHDP/E (TTM)
20.6
P/E (Price-to-Earnings)Shows how much investors pay for each $1 of profit. We display the TTM P/E (Trailing Twelve Months) which uses actual earnings from the last 4 quarters. This is more reliable than Forward P/E which uses analyst estimates.
Calculation: 75.72 ÷ 3.67 = 20.6
TTM period through: 2026-06-30
Forward P/E (estimated): 16.0
Based on analyst estimates
Reference: Provider P/E (Trailing): 20.4
Net Debt/EBITDA (TTM)
5.9x
Latest quarter: 23.8x
Net Debt / EBITDAA leverage ratio showing how many years of EBITDA (earnings before interest, taxes, depreciation, and amortization) it would take to repay net debt. EBITDA approximates operating cash generation. Lower ratios (e.g., <3x) are generally safer; higher (e.g., >5x) may indicate more financial risk.
TTM through: 2026-06-30
Latest quarter (2026-06-30): 23.8x
The quarterly value can spike when quarterly EBITDA is very low (e.g., one-time charges).
Quick guide: <2x manageable, >4x can be risky (sector-dependent).
ROE
9.9%
ROE (Return on Equity)A profitability measure: how much profit is generated from shareholders’ equity. Higher isn’t always better if it comes from high debt.
EV/EBITDA
12.6x
EV/EBITDAA valuation ratio that compares total business value (including debt) to EBITDA. Lower can mean cheaper, but context matters.
Dividend Summary
Powered by EODHDDividend Yield (Fwd)
3.00%
TTM: 3.09%
Dividend YieldThe Forward yield (Fwd) shows the next announced annual dividend / current price — what you'd earn going forward. The Trailing yield (TTM) in the tooltip shows dividends actually paid in the last 12 months. Forward is shown as primary because it reflects the company's current commitment to shareholders.
Forward Yield (estimated): 3.00%
Trailing Yield (TTM, last 12 months): 3.09%
Payout Ratio (Fwd)
64.5%
TTM: 61.1%
Payout RatioDividends as a percentage of earnings. The Forward payout (Fwd) uses the announced dividend divided by actual past earnings (TTM) — it tells you if the company can afford what it promised. Very high payouts can be risky, especially if profits fall.
Announced dividend / actual earnings (TTM)
Payout (Fwd): 64.5%
Payout (TTM): 61.1%
Cash Flow Payout (TTM): 28.6%
FCF Coverage (TTM): -5.64x
Growth Streak
1 yrs
Consec. increases
Div. Growth (5Y)
10.5%
Dividend History
EODHD Dividends API| Status | Type | Decl. Date | Ex-Div Date | Pay Date | Currency | Amount |
|---|---|---|---|---|---|---|
| Forecast* | Quarterly | — | 15 Sep 2027 | — | USD | 0.4851 |
| Forecast* | Quarterly | — | 15 Jun 2027 | — | USD | 0.4851 |
| Forecast* | Quarterly | — | 13 Mar 2027 | — | USD | 0.4851 |
| Forecast* | Quarterly | — | 29 Dec 2026 | — | USD | 0.591 |
| Declared | Quarterly | 29 Jul 2026 | 15 Sep 2026 | 20 Oct 2026 | USD | 0.593 |
| Paid | Quarterly | 20 May 2026 | 15 Jun 2026 | 20 Jul 2026 | USD | 0.593 |
| Paid | Quarterly | 25 Feb 2026 | 13 Mar 2026 | 20 Apr 2026 | USD | 0.593 |
| Paid | Quarterly | 17 Dec 2025 | 29 Dec 2025 | 20 Jan 2026 | USD | 0.57 |
* Extrapolated from past dividend history. Not an official announcement — treat as an estimate, not a confirmed date or amount.
Summary
Xcel Energy is a high-quality, essential utility that has successfully de-risked its profile by settling the 2021 Marshall Fire litigation. Existing holders should maintain their positions as the dividend remains well-supported by operating cash flow, but new buyers should wait for a more attractive valuation dip given the trailing P/E above 20x.
Sector Context
Xcel Energy operates as a regulated electric and natural gas utility. In the DGI context, utilities are essential services that support high debt loads and negative FCF during major infrastructure transition cycles, provided state regulators permit rate-base cost recovery.
Temporary Opportunity Identified
The stock faces legal overhangs from Texas wildfire litigation and near-term negative free cash flow from heavy transition capex. Management is actively capping liabilities through settlements while expanding the regulatory rate base.
📊 Strategy Analysis
- • Operates as a highly regulated, essential monopoly with a secure 3.09% dividend yield and a solid track record of annual growth.
- • Major legal de-risking achieved via the comprehensive $640 million Marshall Fire settlement, heavily mitigating open-ended liability.
- • Proactive management of the Texas Smokehouse Creek Fire via dedicated out-of-court claims processes (settling 221 of 282 claims early).
⚠ What to Watch
- • Valuation is elevated with a trailing P/E of 20.62x, offering a constrained margin of safety for new capital.
- • Generates heavily negative free cash flow (-$1.85 billion) due to intense energy transition capital expenditures, requiring ongoing debt reliance.
- • Texas Smokehouse Creek Fire litigation remains a structural overhang, with a state trial scheduled for April 2027.
📊 Historical Trends (10 Years)
Powered by EODHDThese charts show how key metrics have evolved over the past decade, helping you identify if the company is improving or deteriorating.
Debt Evolution (Net Debt / EBITDA)
Lower values are better. A declining trend indicates the company is reducing its debt (deleveraging).
Revenue & Earnings Growth
Consistent growth in revenueRevenue
The money a company brings in from selling its products or services. It’s the top line before costs. (blue) and earningsEarnings (Profit)
What’s left after expenses. Positive earnings mean the business made a profit; negative means a loss. (green) indicates a healthy business. Look for upward trends and recoveries after temporary dips.
Dividend Sustainability (FCF vs Dividends Paid)
Free cash flowFree Cash Flow
Cash left after the company pays for running the business and maintaining it. Often used to fund dividends, pay debt, or buy back shares. (FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., blue) should cover dividends paidDividends Paid
Cash the company paid out to shareholders. It’s not guaranteed and can change over time. (green). If dividends consistently exceed FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., the dividend may be at risk.
Analysis date: 2026-10-17
Disclaimer: This information is for educational purposes only. Not financial advice.