43/100B81.790
USD
0.30
(0.37%)
Market Open
Last updated: · Delayed 15 min
Fair value90.91Plus-10%65Price 81.79111
Q4 FY2026 · Earnings report
EPS estimate 0.89Revenue estimate 4.10B
Q4 FY2026 · Earnings report
EPS estimate 0.89Revenue estimate 4.10B
Xcel Energy total debt 1994–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Xcel Energy's total debt was 42.71B USD on 30 September 2026, up 20.2% on a year before. At the end of fiscal year 2025 it was 34.78B USD.
Last updated 9 Nov 2026 · Next report 4 Feb 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 42.71B | +20.24% | 2.48B | -40.23B | 1.67 |
| FY2025 | 31 Dec 2025 | 34.78B | +15.14% | 274.00M | -34.51B | 1.47 |
| FY2024 | 31 Dec 2024 | 30.21B | +9.79% | 179.00M | -30.03B | 1.55 |
| FY2023 | 31 Dec 2023 | 27.51B | +5.69% | 129.00M | -27.39B | 1.56 |
| FY2022 | 31 Dec 2022 | 26.03B | +5.24% | 111.00M | -25.92B | 1.56 |
| FY2021 | 31 Dec 2021 | 24.74B | +11.38% | 166.00M | -24.57B | 1.58 |
| FY2020 | 31 Dec 2020 | 22.21B | +8.61% | 129.00M | -22.08B | 1.52 |
| FY2019 | 31 Dec 2019 | 20.45B | +18.55% | 248.00M | -20.20B | 1.54 |
| FY2018 | 31 Dec 2018 | 17.25B | +9.22% | 147.00M | -17.10B | 1.41 |
| FY2017 | 31 Dec 2017 | 15.79B | +6.39% | 83.00M | -15.71B | 1.38 |
| FY2016 | 31 Dec 2016 | 14.84B | +6.76% | 84.48M | -14.76B | 1.35 |
| FY2015 | 31 Dec 2015 | 13.90B | +8.81% | 84.94M | -13.82B | 1.31 |
| FY2014 | 31 Dec 2014 | 12.78B | +6.91% | 79.61M | -12.70B | 1.25 |
| FY2013 | 31 Dec 2013 | 11.95B | +8.60% | 107.14M | -11.84B | 1.25 |
| FY2012 | 31 Dec 2012 | 11.00B | +8.66% | 82.32M | -10.92B | 1.24 |
| FY2011 | 31 Dec 2011 | 10.13B | +3.50% | 60.68M | -10.07B | 1.19 |
| FY2010 | 31 Dec 2010 | 9.78B | +10.05% | 108.44M | -9.68B | 1.19 |
| FY2009 | 31 Dec 2009 | 8.89B | +1.67% | 107.79M | -8.78B | 1.20 |
| FY2008 | 31 Dec 2008 | 8.75B | +8.40% | 249.20M | -8.50B | 1.24 |
| FY2007 | 31 Dec 2007 | 8.07B | +8.85% | 51.12M | -8.02B | 1.26 |
| FY2006 | 31 Dec 2006 | 7.41B | -0.90% | 37.46M | -7.37B | 1.25 |
| FY2005 | 31 Dec 2005 | 7.48B | +6.41% | 72.20M | -7.41B | 1.36 |
| FY2004 | 31 Dec 2004 | 7.03B | +4.72% | 29.76M | -7.00B | 1.32 |
| FY2003 | 31 Dec 2003 | 6.71B | +5.20% | 573.24M | -6.14B | 1.27 |
| FY2002 | 31 Dec 2002 | 6.38B | -56.10% | 901.27M | -5.48B | 1.34 |
| FY2001 | 31 Dec 2001 | 14.53B | +50.42% | 341.31M | -14.19B | 2.31 |
| FY2000 | 31 Dec 2000 | 9.66B | +25.63% | 216.49M | -9.45B | 1.70 |
| FY1999 | 31 Dec 1999 | 7.69B | +212.64% | 56.00M | -7.64B | 2.89 |
| FY1998 | 31 Dec 1998 | 2.46B | +6.79% | 42.40M | -2.42B | 0.95 |
| FY1997 | 31 Dec 1997 | 2.30B | +3.67% | 54.80M | -2.25B | 0.90 |
| FY1996 | 31 Dec 1996 | 2.22B | +15.39% | 51.10M | -2.17B | 0.94 |
| FY1995 | 31 Dec 1995 | 1.93B | +3.57% | 28.80M | -1.90B | 0.85 |
| FY1994 | 31 Dec 1994 | 1.86B | — | 41.10M | -1.82B | 0.87 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 42.71B | +20.24% | 2.48B | -40.23B | 1.67 |
| Q2 FY2026 | 30 Jun 2026 | 40.32B | +21.00% | 2.01B | -38.31B | 1.68 |
| Q1 FY2026 | 31 Mar 2026 | 39.20B | +21.27% | 1.76B | -37.44B | 1.65 |
| Q4 FY2025 | 31 Dec 2025 | 34.78B | +15.14% | 274.00M | -34.51B | 1.47 |
| Q3 FY2025 | 30 Sept 2025 | 35.52B | +19.19% | 1.05B | -34.47B | 1.68 |
| Q2 FY2025 | 30 Jun 2025 | 33.33B | +9.05% | 1.45B | -31.87B | 1.59 |
| Q1 FY2025 | 31 Mar 2025 | 32.33B | +12.95% | 1.12B | -31.20B | 1.63 |
| Q4 FY2024 | 31 Dec 2024 | 30.21B | +9.79% | 179.00M | -30.03B | 1.55 |
| Q3 FY2024 | 30 Sept 2024 | 29.80B | +9.89% | 1.55B | -28.26B | 1.54 |
| Q2 FY2024 | 30 Jun 2024 | 30.56B | +14.02% | 1.60B | -28.96B | 1.70 |
| Q1 FY2024 | 31 Mar 2024 | 28.62B | +9.90% | 501.00M | -28.12B | 1.60 |
| Q4 FY2023 | 31 Dec 2023 | 27.51B | +5.69% | 129.00M | -27.39B | 1.56 |
| Q3 FY2023 | 30 Sept 2023 | 27.12B | +7.09% | 594.00M | -26.53B | 1.57 |
| Q2 FY2023 | 30 Jun 2023 | 26.80B | +6.15% | 275.00M | -26.53B | 1.58 |
| Q1 FY2023 | 31 Mar 2023 | 26.04B | +5.53% | 114.00M | -25.93B | 1.55 |
| Q4 FY2022 | 31 Dec 2022 | 26.03B | +5.24% | 111.00M | -25.92B | 1.56 |
| Q3 FY2022 | 30 Sept 2022 | 25.33B | +2.32% | 117.00M | -25.21B | 1.55 |
| Q2 FY2022 | 30 Jun 2022 | 25.25B | +2.23% | 335.00M | -24.91B | 1.58 |
| Q1 FY2022 | 31 Mar 2022 | 24.68B | +0.83% | 90.00M | -24.59B | 1.57 |
| Q4 FY2021 | 31 Dec 2021 | 24.74B | +11.38% | 166.00M | -24.57B | 1.58 |
| Q3 FY2021 | 30 Sept 2021 | 24.75B | +10.19% | 631.00M | -24.12B | 1.63 |
| Q2 FY2021 | 30 Jun 2021 | 24.70B | +6.24% | 538.00M | -24.16B | 1.67 |
| Q1 FY2021 | 31 Mar 2021 | 24.48B | +15.55% | 1.04B | -23.44B | 1.67 |
| Q4 FY2020 | 31 Dec 2020 | 22.21B | +8.61% | 129.00M | -22.08B | 1.52 |
| Q3 FY2020 | 30 Sept 2020 | 22.46B | +11.19% | 885.00M | -21.58B | 1.63 |
| Q2 FY2020 | 30 Jun 2020 | 23.25B | +17.46% | 1.63B | -21.62B | 1.74 |
| Q1 FY2020 | 31 Mar 2020 | 21.18B | +12.07% | 244.00M | -20.94B | 1.59 |
| Q4 FY2019 | 31 Dec 2019 | 20.45B | +18.55% | 248.00M | -20.20B | 1.54 |
| Q3 FY2019 | 30 Sept 2019 | 20.20B | +22.44% | 864.00M | -19.34B | 1.54 |
| Q2 FY2019 | 30 Jun 2019 | 19.79B | +17.47% | 353.00M | -19.44B | 1.60 |
| Q1 FY2019 | 31 Mar 2019 | 18.90B | +18.10% | 94.00M | -18.81B | 1.53 |
| Q4 FY2018 | 31 Dec 2018 | 17.25B | +9.22% | 147.00M | -17.10B | 1.41 |
| Q3 FY2018 | 30 Sept 2018 | 16.50B | +7.20% | 213.00M | -16.29B | 1.36 |
| Q2 FY2018 | 30 Jun 2018 | 16.85B | +9.54% | 332.00M | -16.52B | 1.45 |
| Q1 FY2018 | 31 Mar 2018 | 16.00B | +6.29% | 116.00M | -15.89B | 1.38 |
| Q4 FY2017 | 31 Dec 2017 | 15.79B | +6.39% | 83.00M | -15.71B | 1.38 |
| Q3 FY2017 | 30 Sept 2017 | 15.39B | +6.31% | 167.84M | -15.22B | 1.35 |
| Q2 FY2017 | 30 Jun 2017 | 15.38B | +7.85% | 61.38M | -15.32B | 1.38 |
| Q1 FY2017 | 31 Mar 2017 | 15.06B | +7.64% | 73.99M | -14.98B | 1.36 |
| Q4 FY2016 | 31 Dec 2016 | 14.84B | +6.76% | 84.48M | -14.76B | 1.35 |
| Q3 FY2016 | 30 Sept 2016 | 14.48B | +9.58% | 353.39M | -14.12B | 1.32 |
| Q2 FY2016 | 30 Jun 2016 | 14.26B | +9.25% | 76.71M | -14.19B | 1.33 |
| Q1 FY2016 | 31 Mar 2016 | 13.99B | +9.92% | 101.49M | -13.89B | 1.31 |
| Q4 FY2015 | 31 Dec 2015 | 13.90B | +8.81% | 84.94M | -13.82B | 1.31 |
| Q3 FY2015 | 30 Sept 2015 | 13.21B | +6.07% | 404.41M | -12.81B | 1.25 |
| Q2 FY2015 | 30 Jun 2015 | 13.05B | +4.12% | 135.60M | -12.92B | 1.27 |
| Q1 FY2015 | 31 Mar 2015 | 12.73B | +3.86% | 133.04M | -12.59B | 1.25 |
| Q4 FY2014 | 31 Dec 2014 | 12.78B | +6.91% | 79.61M | -12.70B | 1.25 |
| Q3 FY2014 | 30 Sept 2014 | 12.46B | +8.35% | 137.87M | -12.32B | 1.23 |
| Q2 FY2014 | 30 Jun 2014 | 12.54B | +9.48% | 99.54M | -12.44B | 1.26 |
| Q1 FY2014 | 31 Mar 2014 | 12.25B | +10.64% | 132.31M | -12.12B | 1.26 |
| Q4 FY2013 | 31 Dec 2013 | 11.95B | +8.60% | 107.14M | -11.84B | 1.25 |
| Q3 FY2013 | 30 Sept 2013 | 11.50B | +2.02% | 101.83M | -11.39B | 1.20 |
| Q2 FY2013 | 30 Jun 2013 | 11.45B | +9.08% | 58.82M | -11.39B | 1.23 |
| Q1 FY2013 | 31 Mar 2013 | 11.07B | +8.07% | 112.96M | -10.96B | 1.21 |
| Q4 FY2012 | 31 Dec 2012 | 11.00B | +8.66% | 82.32M | -10.92B | 1.24 |
| Q3 FY2012 | 30 Sept 2012 | 11.27B | +13.12% | 747.27M | -10.52B | 1.27 |
| Q2 FY2012 | 30 Jun 2012 | 10.50B | +5.27% | 63.53M | -10.44B | 1.22 |
| Q1 FY2012 | 31 Mar 2012 | 10.25B | +4.03% | 99.74M | -10.15B | 1.20 |
| Q4 FY2011 | 31 Dec 2011 | 10.13B | +3.50% | 60.68M | -10.07B | 1.19 |
| Q3 FY2011 | 30 Sept 2011 | 9.96B | +6.90% | 194.16M | -9.77B | 1.17 |
| Q2 FY2011 | 30 Jun 2011 | 9.97B | +9.79% | 101.60M | -9.87B | 1.20 |
| Q1 FY2011 | 31 Mar 2011 | 9.85B | +11.01% | 94.34M | -9.76B | 1.19 |
| Q4 FY2010 | 31 Dec 2010 | 9.78B | +10.05% | 108.44M | -9.68B | 1.19 |
| Q3 FY2010 | 30 Sept 2010 | 9.32B | +8.06% | 279.03M | -9.04B | 1.21 |
| Q2 FY2010 | 30 Jun 2010 | 9.08B | +2.25% | 129.89M | -8.95B | 1.21 |
| Q1 FY2010 | 31 Mar 2010 | 8.87B | +3.62% | 136.49M | -8.74B | 1.19 |
| Q4 FY2009 | 31 Dec 2009 | 8.89B | +1.67% | 107.79M | -8.78B | 1.20 |
| Q3 FY2009 | 30 Sept 2009 | 8.62B | -1.38% | 90.21M | -8.53B | 1.18 |
| Q2 FY2009 | 30 Jun 2009 | 8.88B | +3.87% | 380.25M | -8.50B | 1.24 |
| Q1 FY2009 | 31 Mar 2009 | 8.56B | +3.68% | 301.32M | -8.26B | 1.20 |
| Q4 FY2008 | 31 Dec 2008 | 8.75B | +8.40% | 249.20M | -8.50B | 1.24 |
| Q3 FY2008 | 30 Sept 2008 | 8.74B | +9.58% | 383.98M | -8.36B | 1.26 |
| Q2 FY2008 | 30 Jun 2008 | 8.55B | +13.58% | 70.87M | -8.48B | 1.32 |
| Q1 FY2008 | 31 Mar 2008 | 8.26B | +11.26% | 175.84M | -8.08B | 1.28 |
| Q4 FY2007 | 31 Dec 2007 | 8.07B | +8.85% | 51.12M | -8.02B | 1.26 |
| Q3 FY2007 | 30 Sept 2007 | 7.98B | +10.84% | 360.87M | -7.62B | 1.27 |
| Q2 FY2007 | 30 Jun 2007 | 7.53B | +4.79% | 38.83M | -7.49B | 1.23 |
| Q1 FY2007 | 31 Mar 2007 | 7.42B | +4.11% | 65.00M | -7.36B | 1.24 |
| Q4 FY2006 | 31 Dec 2006 | 7.41B | -0.90% | 37.46M | -7.37B | 1.25 |
| Q3 FY2006 | 30 Sept 2006 | 7.20B | +2.74% | 32.96M | -7.17B | 1.24 |
| Q2 FY2006 | 30 Jun 2006 | 7.19B | +2.47% | 161.21M | -7.02B | 1.27 |
| Q1 FY2006 | 31 Mar 2006 | 7.13B | +3.32% | 81.91M | -7.05B | 1.27 |
| Q4 FY2005 | 31 Dec 2005 | 7.48B | +6.41% | 72.20M | -7.41B | 1.36 |
| Q3 FY2005 | 30 Sept 2005 | 7.01B | +3.19% | 185.68M | -6.82B | 1.28 |
| Q2 FY2005 | 30 Jun 2005 | 7.01B | +4.70% | 54.47M | -6.96B | 1.31 |
| Q1 FY2005 | 31 Mar 2005 | 6.90B | +3.33% | 68.99M | -6.83B | 1.28 |
| Q4 FY2004 | 31 Dec 2004 | 7.03B | +4.72% | 29.76M | -7.00B | 1.32 |
| Q3 FY2004 | 30 Sept 2004 | 6.79B | -0.17% | 90.78M | -6.70B | 1.28 |
| Q2 FY2004 | 30 Jun 2004 | 6.70B | +3.72% | 118.81M | -6.58B | 1.25 |
| Q1 FY2004 | 31 Mar 2004 | 6.68B | -57.28% | 526.69M | -6.15B | 1.25 |
| Q4 FY2003 | 31 Dec 2003 | 6.71B | +5.20% | 573.24M | -6.14B | 1.27 |
| Q3 FY2003 | 30 Sept 2003 | 6.80B | -58.57% | 695.70M | -6.11B | 1.41 |
| Q2 FY2003 | 30 Jun 2003 | 6.46B | -59.97% | 429.50M | -6.03B | 1.44 |
| Q1 FY2003 | 31 Mar 2003 | 15.63B | +3.82% | 1.04B | -14.60B | 3.21 |
| Q4 FY2002 | 31 Dec 2002 | 6.38B | -56.10% | 901.27M | -5.48B | 1.34 |
| Q3 FY2002 | 30 Sept 2002 | 16.42B | +17.07% | 1.27B | -15.15B | 3.07 |
| Q2 FY2002 | 30 Jun 2002 | 16.13B | +23.48% | 495.61M | -15.64B | 2.16 |
| Q1 FY2002 | 31 Mar 2002 | 15.06B | +38.90% | 429.44M | -14.63B | 2.21 |
| Q4 FY2001 | 31 Dec 2001 | 14.53B | +50.42% | 341.31M | -14.19B | 2.31 |
| Q3 FY2001 | 30 Sept 2001 | 14.02B | +46.59% | 302.49M | -13.72B | 2.22 |
| Q2 FY2001 | 30 Jun 2001 | 13.07B | +119.52% | 346.62M | -12.72B | 2.13 |
| Q1 FY2001 | 31 Mar 2001 | 10.84B | +72.49% | 343.88M | -10.50B | 1.82 |
| Q4 FY2000 | 31 Dec 2000 | 9.66B | +25.63% | 216.49M | -9.45B | 1.70 |
| Q3 FY2000 | 30 Sept 2000 | 9.57B | +165.74% | 263.22M | -9.30B | 1.71 |
| Q2 FY2000 | 30 Jun 2000 | 5.95B | +65.94% | 120.47M | -5.83B | 2.08 |
| Q1 FY2000 | 31 Mar 2000 | 6.29B | +163.84% | 187.98M | -6.10B | 2.38 |
| Q4 FY1999 | 31 Dec 1999 | 7.69B | +212.64% | 56.00M | -7.64B | 2.89 |
| Q3 FY1999 | 30 Sept 1999 | 3.60B | +47.32% | 86.70M | -3.51B | 1.36 |
| Q2 FY1999 | 30 Jun 1999 | 3.59B | +45.14% | 98.20M | -3.49B | 1.38 |
| Q1 FY1999 | 31 Mar 1999 | 2.38B | -1.21% | 58.20M | -2.32B | 0.92 |
| Q4 FY1998 | 31 Dec 1998 | 2.46B | +6.79% | 42.40M | -2.42B | 0.95 |
| Q3 FY1998 | 30 Sept 1998 | 2.44B | +9.98% | 88.90M | -2.35B | 0.96 |
| Q2 FY1998 | 30 Jun 1998 | 2.47B | +2.85% | 40.10M | -2.43B | 1.00 |
| Q1 FY1998 | 31 Mar 1998 | 2.41B | +20.34% | 134.80M | -2.28B | 0.97 |
| Q4 FY1997 | 31 Dec 1997 | 2.30B | +3.67% | 54.80M | -2.25B | 0.90 |
| Q3 FY1997 | 30 Sept 1997 | 2.22B | +8.09% | 112.50M | -2.11B | 0.86 |
| Q2 FY1997 | 30 Jun 1997 | 2.40B | +9.26% | 53.10M | -2.35B | 1.04 |
| Q1 FY1997 | 31 Mar 1997 | 2.00B | +0.51% | 47.50M | -1.96B | 0.85 |
| Q4 FY1996 | 31 Dec 1996 | 2.22B | +15.39% | 51.10M | -2.17B | 0.94 |
| Q3 FY1996 | 30 Sept 1996 | 2.06B | +10.95% | 79.40M | -1.98B | 0.88 |
| Q2 FY1996 | 30 Jun 1996 | 2.20B | +13.13% | 39.10M | -2.16B | 0.95 |
| Q1 FY1996 | 31 Mar 1996 | 1.99B | +12.36% | 94.70M | -1.90B | 0.86 |
| Q4 FY1995 | 31 Dec 1995 | 1.93B | +3.57% | 28.80M | -1.90B | 0.85 |
| Q3 FY1995 | 30 Sept 1995 | 1.85B | +7.70% | 45.90M | -1.81B | 0.83 |
| Q2 FY1995 | 30 Jun 1995 | 1.94B | +9.65% | 58.40M | -1.89B | 0.89 |
| Q1 FY1995 | 31 Mar 1995 | 1.77B | +9.01% | 36.50M | -1.74B | 0.82 |
| Q4 FY1994 | 31 Dec 1994 | 1.86B | — | 41.10M | -1.82B | 0.87 |
| Q3 FY1994 | 30 Sept 1994 | 1.72B | — | 39.80M | -1.68B | 0.81 |
| Q2 FY1994 | 30 Jun 1994 | 1.77B | — | 31.80M | -1.74B | 0.84 |
| Q1 FY1994 | 31 Mar 1994 | 1.63B | — | 55.40M | -1.57B | 0.78 |
Figures in USD at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Balance sheet
Common questions about Xcel Energy's debt
Source: Financial Modeling PrepVerified against SEC filings