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Xcel Energy (XEL) Cash Flow Waterfall

Trace Xcel Energy's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$669.00M

Capex

−$3.91B

Free Cash Flow

−$3.24B

FCF Margin

-484.9%

Cash flow waterfall for Xcel Energy (XEL) — TTM through Q1 2026

Free cash flow: −$3.24B

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for Xcel Energy (XEL) — TTM through Q1 2026

  • Operating Cash Flow$669.00M
  • Capital Expenditure−$3.91B
  • Free Cash Flow−$3.24B
  • Other Investing$2.88B
  • Dividends Paid−$41.00M
  • Net Debt Change$1.09B
  • Other Financing & FX−$146.00M
  • Net Cash Increase$542.00M
Want to see what drove the FCF change?Free Cash Flow Bridge

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