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Xcel Energy forward PE XEL

Share price divided by analysts' consensus earnings for the next twelve months, since 1997.

Today, Oct 23, 2026
18.4×
10-year median
20.1×
Against its 10-year history
24th
percentile: 0 is its lowest day, 100 its highest
10-year range
14.2× to 26.5×
Peer median
18.0×

Xcel Energy's forward PE is 18.4× as of Oct 23, 2026.

That is below its ten-year median of 20.1×, lower than on 76% of days in the last ten years.

Over that time it ranged from 14.2× in Mar 2024 to 26.5× in Feb 2020.

The median for 10 electric utilities of a similar size is 18.0×.

Forward PE over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far18.4×16.5×20.9×
202518.5×16.9×20.4×
202418.1×14.2×19.3×
202317.9×16.3×22.0×
202221.6×18.4×24.1×
202122.1×20.1×24.3×
202023.1×18.9×26.5×
201923.7×18.7×24.8×
201819.0×17.4×20.6×
201720.8×18.5×23.0×
201618.5×17.1×20.4×
201517.0×15.9×18.9×
201418.3×14.0×18.3×
201314.2×14.1×17.1×
201214.6×14.5×17.4×
201116.4×14.1×16.4×
201014.3×13.8×15.9×
200914.5×11.1×14.8×
200812.0×10.5×15.0×
200715.1×14.1×18.2×

Against its peers

Companies in Regulated Electric nearest Xcel Energy's size, closest first, today.

CompanyForward PE
XELXcel Energy18.4×
ETREntergy22.8×
EXCExelon15.1×
EDConsolidated Edison18.3×
DDominion Energy17.7×
WECWEC Energy20.7×
PEGPublic Service Enterprise16.1×
PCGPG&E7.5×
AEPAmerican Electric Power19.4×
AEEAmeren19.6×
DTEDTE Energy16.2×
Peer median18.0×

Where Xcel Energy ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Xcel Energy

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.