Xcel Energy Inc. (XEL)

Xcel Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	274	179	129	111	166
Trading Asset Securities	7	11	32	82	46
Accounts Receivable	2,210	2,081	2,168	2,478	1,880
Other Receivables	195	210	-	-	-
Inventory	761	666	711	803	631
Prepaid Expenses	880	514	346	414	333
Other Current Assets	687	664	683	1,256	1,183
Total Current Assets	5,014	4,325	4,069	5,144	4,239
Property, Plant & Equipment	67,410	57,972	52,510	49,166	46,440
Net Nuclear Fuel	470	397	349	291	308
Regulatory Assets	2,998	2,849	2,798	2,871	2,738
Long-Term Investments	339	318	376	362	324
Other Long-Term Assets	5,140	4,174	3,977	3,354	3,802
Total Assets	81,371	70,035	64,079	61,188	57,851
Accounts Payable	2,307	1,781	1,668	1,804	1,409
Accrued Expenses	337	280	251	217	209
Short-Term Debt	1,550	695	785	813	1,005
Current Portion of Long-Term Debt	501	1,103	569	1,152	601
Current Unearned Revenue	-	-	-	-	9
Current Portion of Leases	149	227	226	217	205
Current Income Taxes Payable	579	535	557	569	569
Other Current Liabilities	1,659	1,831	1,589	1,297	1,013
Total Current Liabilities	7,089	6,459	5,652	6,078	5,046
Long-Term Debt	31,832	27,316	24,913	22,813	21,779
Long-Term Leases	2,050	927	1,038	1,038	1,146
Long-Term Unearned Revenue	-	-	-	-	41
Pension & Post-Retirement Benefits	626	736	722	637	541
Long-Term Deferred Tax Liabilities	8,826	8,277	8,020	7,975	8,230
Other Long-Term Liabilities	7,339	6,798	6,118	5,972	5,456
Total Liabilities	57,762	50,513	46,463	44,513	42,239
Common Stock	1,559	1,436	1,387	1,374	1,360
Additional Paid-In Capital	12,906	9,601	8,465	8,155	7,803
Retained Earnings	9,207	8,553	7,858	7,239	6,572
Comprehensive Income & Other	-63	-68	-94	-93	-123
Shareholders' Equity	23,609	19,522	17,616	16,675	15,612
Total Liabilities & Equity	81,371	70,035	64,079	61,188	57,851
Total Debt	36,082	30,268	27,531	26,033	24,736
Net Cash (Debt)	-35,801	-30,078	-27,370	-25,840	-24,524
Net Cash Per Share	-60.78	-53.42	-49.58	-47.24	-45.41
Filing Date Shares Outstanding	623.88	574.55	555.16	549.85	544.21
Total Common Shares Outstanding	623.6	574.37	554.94	549.58	544.03
Working Capital	-2,075	-2,134	-1,583	-934	-807
Book Value Per Share	37.86	33.99	31.74	30.34	28.70
Tangible Book Value	23,609	19,522	17,616	16,675	15,612
Tangible Book Value Per Share	37.86	33.99	31.74	30.34	28.70
Machinery	74,004	68,418	63,629	60,370	57,638
Construction In Progress	8,085	4,720	2,873	2,124	1,969

Updated Feb 5, 2026. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q