TTM
$2.79B
YoY change
-42.0%
5Y CAGR
-6.4%
Peak year (2024)
$6.15B
Cumulative gross profit
$136.43B
Gross Profit history chart for Xcel Energy (XEL) from 1985 to 2025
Latest: $3.56B
Gross Profit growth chart for Xcel Energy (XEL) from 1985 to 2025
Latest: -42.0%
Gross Profit history table for Xcel Energy (XEL) from 1985 to 2025
| 2025 | $3.56B | -42.0% | −$2.58B | ||
| 2024 | $6.15B | +2.8% | +$169.00M | ||
| 2023 | $5.98B | +2.0% | +$119.00M | ||
| 2022 | $5.86B | +11.4% | +$602.00M | ||
| 2021 | $5.26B | +5.9% | +$294.00M | ||
| 2020 | $4.96B | +5.1% | +$241.00M | ||
| 2019 | $4.72B | +6.1% | +$270.00M | ||
| 2018 | $4.45B | -1.5% | −$67.00M | ||
| 2017 | $4.52B | +4.6% | +$200.00M | ||
| 2016 | $4.32B | +8.3% | +$330.00M | ||
| 2015 | $3.99B | +6.8% | +$255.22M | ||
| 2014 | $3.73B | +6.5% | +$228.14M | ||
| 2013 | $3.51B | +2.6% | +$88.46M | ||
| 2012 | $3.42B | +2.7% | +$89.77M | ||
| 2011 | $3.33B | +9.1% | +$277.84M | ||
| 2010 | $3.05B | -34.9% | −$1.63B | ||
| 2009 | $4.68B | +6.4% | +$281.87M | ||
| 2008 | $4.40B | +1.2% | +$51.84M | ||
| 2007 | $4.35B | -24.2% | −$1.39B | ||
| 2006 | $5.74B | +0.6% | +$33.94M | ||
| 2005 | $5.70B | +10.2% | +$528.51M | ||
| 2004 | $5.17B | +3.0% | +$149.37M | ||
| 2003 | $5.03B | +5.2% | +$248.98M | ||
| 2002 | $4.78B | -14.0% | −$776.18M | ||
| 2001 | $5.55B | +14.4% | +$699.48M | ||
| 2000 | $4.85B | +27.1% | +$1.04B | ||
| 1999 | $3.82B | +4.8% | +$175.61M | ||
| 1998 | $3.64B | +101.6% | +$1.84B | ||
| 1997 | $1.81B | +1.6% | +$28.80M | ||
| 1996 | $1.78B | +2.1% | +$35.90M | ||
| 1995 | $1.74B | +5.4% | +$89.90M | ||
| 1994 | $1.65B | — | +$1.65B | ||
| 1993 | $0.00 | — | $0.00 | ||
| 1992 | $0.00 | — | $0.00 | ||
| 1991 | $0.00 | — | $0.00 | ||
| 1990 | $0.00 | — | $0.00 | ||
| 1989 | $0.00 | — | $0.00 | ||
| 1988 | $0.00 | — | $0.00 | ||
| 1987 | $0.00 | — | $0.00 | ||
| 1986 | $0.00 | — | $0.00 | ||
| 1985 | $0.00 | — | — |
- 2025$3.56B-42.0%
- 2024$6.15B+2.8%
- 2023$5.98B+2.0%
- 2022$5.86B+11.4%
- 2021$5.26B+5.9%
- 2020$4.96B+5.1%
- 2019$4.72B+6.1%
- 2018$4.45B-1.5%
- 2017$4.52B+4.6%
- 2016$4.32B+8.3%
- 2015$3.99B+6.8%
- 2014$3.73B+6.5%
- 2013$3.51B+2.6%
- 2012$3.42B+2.7%
- 2011$3.33B+9.1%
- 2010$3.05B-34.9%
- 2009$4.68B+6.4%
- 2008$4.40B+1.2%
- 2007$4.35B-24.2%
- 2006$5.74B+0.6%
- 2005$5.70B+10.2%
- 2004$5.17B+3.0%
- 2003$5.03B+5.2%
- 2002$4.78B-14.0%
- 2001$5.55B+14.4%
- 2000$4.85B+27.1%
- 1999$3.82B+4.8%
- 1998$3.64B+101.6%
- 1997$1.81B+1.6%
- 1996$1.78B+2.1%
- 1995$1.74B+5.4%
- 1994$1.65B—
- 1993$0.00—
- 1992$0.00—
- 1991$0.00—
- 1990$0.00—
- 1989$0.00—
- 1988$0.00—
- 1987$0.00—
- 1986$0.00—
- 1985$0.00—
Gross Profit values are taken from Xcel Energy's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Xcel Energy (XEL)
According to Xcel Energy's latest reported financial statements, the company's current gross profit (TTM) is $2.79B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Xcel Energy (XEL) most recent annual gross profit stands at $3.56B (2025) – plunged 42.0% year-over-year.
Through 2020–2025 (5 years), Xcel Energy gross profit delivered a -6.4% annualised rate; with a net decline across the window.
Between 2024 and 2025, Xcel Energy gross profit plunged 42.0%, falling from $6.15B to $3.56B.
The highest annual gross profit of $6.15B was reported in 2024. The lowest in the available history was $0.00 in 1985.
Xcel Energy Gross Profit by Year
Xcel Energy Gross Profit 2025: $3.56B
Xcel Energy gross profit in 2025 was $3.56B, plunged 42.0% below 2024.
Xcel Energy Gross Profit 2024: $6.15B
2024's gross profit for Xcel Energy came in at $6.15B, edged up 2.8% from 2023. This figure represents the highest annual value in the available history.
Xcel Energy Gross Profit 2023: $5.98B
Xcel Energy posted gross profit of $5.98B in 2023, edged up 2.0% from 2022.
Xcel Energy Gross Profit 2022: $5.86B
In 2022, Xcel Energy reported gross profit of $5.86B, grew 11.4% from 2021.
Xcel Energy Gross Profit 2021: $5.26B
Xcel Energy gross profit in 2021 was $5.26B.
See more financial history for Xcel Energy (XEL).
Sector peers by Gross Profit
Utilities peers of Xcel Energy (XEL), ranked by their latest gross profit
| $19.36B | |
| $17.25B | |
| $10.17B | |
| $8.81B | |
| $8.09B | |
| $7.54B | |
| $6.93B | |
| $4.00B |
- $19.36B
- $17.25B
- $10.17B
- $8.81B
- $8.09B
- $7.54B
- $4.00B
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