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Xcel Energy profit margin XEL

Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.

Net margin, 12 months
15.3%
Operating margin, 12 months
19.1%
Net margin on a year earlier
+0.4 pts
Peer median
13.6%

Over the twelve months to Jun 30, 2026, Xcel Energy kept 15.3% of its revenue as net profit, with an operating margin of 19.1%.

Five years earlier its net margin was 12.3%.

The median for 10 electric utilities of a similar size is 13.6%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY202513.8%17.6%n/a
FY202414.4%17.8%n/a
FY202312.5%17.5%n/a
FY202211.3%15.9%n/a
FY202111.9%16.4%n/a
FY202012.8%18.4%n/a
FY201911.9%18.2%n/a
FY201810.9%17.0%59.0%
FY201710.1%19.5%n/a
FY201610.1%19.9%n/a
FY20158.9%18.1%n/a
FY20148.7%16.7%n/a
FY20138.7%16.9%n/a
FY20128.9%18.0%n/a
FY20117.9%16.7%n/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY2615.3%+0.4 pts19.1%
Q1 FY2614.1%+0.0 pts18.0%
Q4 FY2513.8%−0.6 pts17.6%
Q3 FY2513.5%−0.2 pts16.5%
Q2 FY2514.9%+1.4 pts18.0%
Q1 FY2514.1%+0.7 pts17.4%
Q4 FY2414.4%+1.9 pts17.8%
Q3 FY2413.7%+1.9 pts19.0%
Q2 FY2413.5%+2.1 pts19.0%
Q1 FY2413.4%+2.0 pts18.8%
Q4 FY2312.5%+1.1 pts17.5%
Q3 FY2311.8%+0.3 pts16.4%

Against its peers

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

CompanyProfit margin
XELXcel Energy15.3%
ETREntergy13.5%
EXCExelon11.0%
EDConsolidated Edison12.5%
DDominion Energy14.0%
WECWEC Energy16.7%
PEGPublic Service Enterprise16.0%
PCGPG&E12.3%
AEPAmerican Electric Power13.8%
AEEAmeren17.9%
DTEDTE Energy8.0%
Peer median13.6%

Where Xcel Energy ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Xcel Energy

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