Free Cash Flow for Xcel Energy (XEL)
Free Cash Flow for Xcel Energy (XEL): headline value $0 · YoY -292.9%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

XEL
Currently viewingFree Cash FlowSwitch metric
Latest period
$0
YoY change
-292.9%
5Y CAGR
N/A
Peak year (2025)
$5.25B
Latest annual
$5.25B
Free Cash Flow history chart for Xcel Energy (XEL) from 1994 to 2025
Free Cash Flow history table for Xcel Energy (XEL) from 1994 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $5.25B | -292.9% | ||
| 2024 | -$2.72B | +416.7% | ||
| 2023 | -$527.00M | -25.4% | ||
| 2022 | -$706.00M | -65.6% | ||
| 2021 | -$2.06B | -18.5% | ||
| 2020 | -$2.52B | +162.1% | ||
| 2019 | -$962.00M | +15.2% | ||
| 2018 | -$835.00M | +332.6% | ||
| 2017 | -$193.00M | -5.0% | ||
| 2016 | -$203.25M | -69.1% | ||
| 2015 | -$657.52M | +19.2% | ||
| 2014 | -$551.60M | -32.0% | ||
| 2013 | -$811.29M | +43.5% | ||
| 2012 | -$565.45M | -382.8% | ||
| 2011 | $199.96M | -118.9% | ||
| 2010 | -$1.06B | -902.6% | ||
| 2009 | $131.56M | -130.3% | ||
| 2008 | -$433.73M | -20.2% | ||
| 2007 | -$543.58M | -275.7% | ||
| 2006 | $309.45M | -308.7% | ||
| 2005 | -$148.30M | -68.6% | ||
| 2004 | -$472.51M | -135.3% | ||
| 2003 | $1.34B | -310.0% | ||
| 2002 | -$637.74M | -83.1% | ||
| 2001 | -$3.78B | +113.3% | ||
| 2000 | -$1.77B | -909.4% | ||
| 1999 | $219.10M | -24.7% | ||
| 1998 | $291.00M | -0.8% | ||
| 1997 | $293.20M | +122.1% | ||
| 1996 | $132.00M | -23.6% | ||
| 1995 | $172.80M | +89.3% | ||
| 1994 | $91.30M | — |
Free Cash Flow values are taken from Xcel Energy's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual free cash flow for Xcel Energy (XEL) came in at $5.25B – plunged 292.9% year-over-year.
The highest annual free cash flow of $5.25B was reported in 2025. The lowest in the available history was -$3.78B in 2001.
Xcel Energy (XEL) sits 2nd of 8 Utilities peers we track on this metric, against a peer median of -$192.00M.
Xcel Energy Free Cash Flow by Year
Xcel Energy Free Cash Flow 2025: $5.25B
Xcel Energy free cash flow in 2025 was $5.25B, plunged 292.9% below 2024. This figure represents the highest annual value in the available history.
Xcel Energy Free Cash Flow 2024: -$2.72B
Xcel Energy free cash flow in 2024 was -$2.72B, surged 416.7% from 2023.
Xcel Energy Free Cash Flow 2023: -$527.00M
Xcel Energy free cash flow in 2023 was -$527.00M, declined 25.4% below 2022.
Xcel Energy Free Cash Flow 2022: -$706.00M
Xcel Energy free cash flow in 2022 was -$706.00M, plunged 65.6% below 2021.
Xcel Energy Free Cash Flow 2021: -$2.06B
Xcel Energy free cash flow in 2021 was -$2.06B.
See more financial history for Xcel Energy (XEL).
Sector peers — Free Cash Flow
Companies in the same sector as Xcel Energy, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| American Electric Power Company, Inc. (AEP) | $6.81B | Utilities |
| GE Vernova Inc. (GEV) | $3.71B | Utilities |
| NextEra Energy, Inc. (NEE) | $3.21B | Utilities |
| Constellation Energy Corporation (CEG) | $1.29B | Utilities |
| Duke Energy Corporation (DUK) | -$1.67B | Utilities |
| The Southern Company (SO) | -$3.59B | Utilities |
| Sempra (SRE) | -$6.05B | Utilities |
| Dominion Energy, Inc. (D) | -$7.28B | Utilities |
Frequently asked questions
What is Xcel Energy's free cash flow?
Latest reported free cash flow for Xcel Energy (XEL) is $0 (period ending December 31, 2025).
How has Xcel Energy free cash flow changed year-over-year?
Xcel Energy (XEL) free cash flow changed -292.9% year-over-year on the latest annual filing.
When did Xcel Energy free cash flow hit its highest annual value?
Xcel Energy free cash flow reached its highest annual value of $5.25B in 2025.
What was Xcel Energy free cash flow in 2024?
Xcel Energy (XEL) free cash flow in 2024 was -$2.72B.
What was Xcel Energy free cash flow in 2025?
Xcel Energy (XEL) free cash flow in 2025 was $5.25B.
Metrics overview
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