Latest headcount
11,534
YoY change
+1.4%
Headcount CAGR
+1.2%
Revenue / employee
$1.3M
Employee count history for Xcel Energy
| Fiscal year | Employees |
|---|---|
| 1993 | 7,880 |
| 1994 | 7,670 |
| 1995 | 7,505 |
| 1996 | 7,147 |
| 1998 | 7,907 |
| 2000 | 15,812 |
| 2001 | 16,595 |
| 2002 | 14,642 |
| 2003 | 11,048 |
| 2004 | 10,650 |
| 2005 | 9,781 |
| 2006 | 9,735 |
| 2007 | 10,917 |
| 2008 | 11,223 |
| 2009 | 11,351 |
| 2010 | 11,290 |
| 2011 | 11,312 |
| 2012 | 11,028 |
| 2013 | 11,457 |
| 2014 | 11,589 |
| 2015 | 11,601 |
| 2016 | 11,440 |
| 2017 | 11,075 |
| 2018 | 11,043 |
| 2019 | 11,273 |
| 2020 | 11,367 |
| 2021 | 11,321 |
| 2022 | 11,982 |
| 2023 | 11,311 |
| 2024 | 11,380 |
| 2025 | 11,534 |
Revenue per employee for Xcel Energy
Annual revenue divided by reported headcount, normalized to US dollars.
| Fiscal year | Revenue per employee (USD) |
|---|---|
| 1993 | $305.1K |
| 1994 | $324.2K |
| 1995 | $342.3K |
| 1996 | $371.4K |
| 1998 | $836.3K |
| 2000 | $721.5K |
| 2001 | $525.7K |
| 2002 | $476.3K |
| 2003 | $699.8K |
| 2004 | $771.4K |
| 2005 | $984.1K |
| 2006 | $1M |
| 2007 | $919.1K |
| 2008 | $998.2K |
| 2009 | $849.6K |
| 2010 | $913.3K |
| 2011 | $941.9K |
| 2012 | $918.4K |
| 2013 | $952.7K |
| 2014 | $1M |
| 2015 | $950.3K |
| 2016 | $970.9K |
| 2017 | $1M |
| 2018 | $1M |
| 2019 | $1M |
| 2020 | $1M |
| 2021 | $1.2M |
| 2022 | $1.3M |
| 2023 | $1.3M |
| 2024 | $1.2M |
| 2025 | $1.3M |
Earnings per employee for Xcel Energy
Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.
| Fiscal year | Earnings per employee (USD) |
|---|---|
| 1993 | $26.9K |
| 1994 | $31.7K |
| 1995 | $36.7K |
| 1996 | $38.4K |
| 1998 | $35.7K |
| 2000 | $33.3K |
| 2001 | $47.9K |
| 2002 | -$151.5K |
| 2003 | $56.3K |
| 2004 | $33.4K |
| 2005 | $52.4K |
| 2006 | $58.7K |
| 2007 | $52.9K |
| 2008 | $57.5K |
| 2009 | $60K |
| 2010 | $66.9K |
| 2011 | $74.4K |
| 2012 | $82.1K |
| 2013 | $82.8K |
| 2014 | $88.1K |
| 2015 | $84.9K |
| 2016 | $98.2K |
| 2017 | $103.7K |
| 2018 | $114.2K |
| 2019 | $121.7K |
| 2020 | $129.6K |
| 2021 | $141.1K |
| 2022 | $144.9K |
| 2023 | $156.6K |
| 2024 | $170.1K |
| 2025 | $175K |
Employee count history for Xcel Energy (XEL)
Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.
- 202511,534+1.4%
- 202411,380+0.6%
- 202311,311-5.6%
- 202211,982+5.8%
- 202111,321-0.4%
- 202011,367+0.8%
- 201911,273+2.1%
- 201811,043-0.3%
- 201711,075-3.2%
- 201611,440-1.4%
- 201511,601+0.1%
- 201411,589+1.2%
- 201311,457+3.9%
- 201211,028-2.5%
- 201111,312+0.2%
- 201011,290-0.5%
- 200911,351+1.1%
- 200811,223+2.8%
- 200710,917+12.1%
- 20069,735-0.5%
- 20059,781-8.2%
- 200410,650-3.6%
- 200311,048-24.5%
- 200214,642-11.8%
- 200116,595+5.0%
- 200015,812—
- 19999,098—
- 19987,907—
- 19977,455—
- 19967,147-4.8%
- 19957,505-2.2%
- 19947,670-2.7%
- 19937,880—
About Xcel Energy's employee count
Xcel Energy (XEL) employed 11,534 people in fiscal year 2025, based on its most recent annual report. That headcount grew by +154 (+1.4%) from 11,380 a year earlier.
Across the 1993–2025 period, the company's reported workforce went from 7,880 to 11,534 employees — a compound annual growth rate (CAGR) of +1.2% per year.
Xcel Energy generated about $1.3M of revenue and $175K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.
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