TTM
$2.09B
YoY change
+4.2%
5Y CAGR
+6.5%
Peak year (2025)
$2.02B
Cumulative net income
$27.94B
Net Income history chart for Xcel Energy (XEL) from 1985 to 2025
Latest: $2.02B
Net Income growth chart for Xcel Energy (XEL) from 1985 to 2025
Latest: +4.2%
Net Income history table for Xcel Energy (XEL) from 1985 to 2025
| 2025 | $2.02B | +4.2% | +$82.00M | ||
| 2024 | $1.94B | +9.3% | +$165.00M | ||
| 2023 | $1.77B | +2.0% | +$35.00M | ||
| 2022 | $1.74B | +8.7% | +$139.00M | ||
| 2021 | $1.60B | +8.4% | +$124.00M | ||
| 2020 | $1.47B | +7.4% | +$101.00M | ||
| 2019 | $1.37B | +8.8% | +$111.00M | ||
| 2018 | $1.26B | +9.8% | +$113.00M | ||
| 2017 | $1.15B | +2.2% | +$24.62M | ||
| 2016 | $1.12B | +14.1% | +$138.89M | ||
| 2015 | $984.49M | -3.6% | −$36.82M | ||
| 2014 | $1.02B | +7.7% | +$73.07M | ||
| 2013 | $948.23M | +4.8% | +$43.01M | ||
| 2012 | $905.23M | +7.6% | +$64.06M | ||
| 2011 | $841.17M | +11.3% | +$85.34M | ||
| 2010 | $755.83M | +11.0% | +$74.95M | ||
| 2009 | $680.89M | +5.5% | +$35.33M | ||
| 2008 | $645.55M | +11.8% | +$68.21M | ||
| 2007 | $577.35M | +1.0% | +$5.59M | ||
| 2006 | $571.75M | +11.5% | +$58.78M | ||
| 2005 | $512.97M | +44.1% | +$157.01M | ||
| 2004 | $355.96M | -42.8% | −$266.43M | ||
| 2003 | $622.39M | -128.1% | +$2.84B | ||
| 2002 | −$2.22B | -379.0% | −$3.01B | ||
| 2001 | $794.97M | +50.9% | +$268.14M | ||
| 2000 | $526.83M | +134.9% | +$302.53M | ||
| 1999 | $224.30M | -20.6% | −$58.10M | ||
| 1998 | $282.40M | +19.0% | +$45.10M | ||
| 1997 | $237.30M | -13.6% | −$37.20M | ||
| 1996 | $274.50M | -0.5% | −$1.30M | ||
| 1995 | $275.80M | +13.3% | +$32.30M | ||
| 1994 | $243.50M | +15.0% | +$31.80M | ||
| 1993 | $211.70M | +2.6% | +$5.30M | ||
| 1992 | $206.40M | -7.9% | −$17.60M | ||
| 1991 | $224.00M | +14.6% | +$28.50M | ||
| 1990 | $195.50M | -11.9% | −$26.50M | ||
| 1989 | $222.00M | +3.4% | +$7.20M | ||
| 1988 | $214.80M | +4.8% | +$9.90M | ||
| 1987 | $204.90M | -1.0% | −$2.00M | ||
| 1986 | $206.90M | +4.7% | +$9.20M | ||
| 1985 | $197.70M | — | — |
- 2025$2.02B+4.2%
- 2024$1.94B+9.3%
- 2023$1.77B+2.0%
- 2022$1.74B+8.7%
- 2021$1.60B+8.4%
- 2020$1.47B+7.4%
- 2019$1.37B+8.8%
- 2018$1.26B+9.8%
- 2017$1.15B+2.2%
- 2016$1.12B+14.1%
- 2015$984.49M-3.6%
- 2014$1.02B+7.7%
- 2013$948.23M+4.8%
- 2012$905.23M+7.6%
- 2011$841.17M+11.3%
- 2010$755.83M+11.0%
- 2009$680.89M+5.5%
- 2008$645.55M+11.8%
- 2007$577.35M+1.0%
- 2006$571.75M+11.5%
- 2005$512.97M+44.1%
- 2004$355.96M-42.8%
- 2003$622.39M-128.1%
- 2002−$2.22B-379.0%
- 2001$794.97M+50.9%
- 2000$526.83M+134.9%
- 1999$224.30M-20.6%
- 1998$282.40M+19.0%
- 1997$237.30M-13.6%
- 1996$274.50M-0.5%
- 1995$275.80M+13.3%
- 1994$243.50M+15.0%
- 1993$211.70M+2.6%
- 1992$206.40M-7.9%
- 1991$224.00M+14.6%
- 1990$195.50M-11.9%
- 1989$222.00M+3.4%
- 1988$214.80M+4.8%
- 1987$204.90M-1.0%
- 1986$206.90M+4.7%
- 1985$197.70M—
Net Income 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 Net Income at Xcel Energy (XEL)
According to Xcel Energy's latest reported financial statements, the company's current net income (TTM) is $2.09B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Xcel Energy (XEL) reported net income of $2.02B – edged up 4.2% year-over-year.
Through 2020–2025 (5 years), Xcel Energy net income delivered a +6.5% annualised rate; sustaining 10 straight years of year-over-year growth.
$2.02B stands as the all-time-high annual net income, posted in 2025, against a low of −$2.22B during 2002.
Xcel Energy Net Income by Year
Xcel Energy Net Income 2025: $2.02B
Xcel Energy net income in 2025 was $2.02B, edged up 4.2% from 2024. This figure represents the highest annual value in the available history.
Xcel Energy Net Income 2024: $1.94B
2024's net income for Xcel Energy came in at $1.94B, grew 9.3% from 2023.
Xcel Energy Net Income 2023: $1.77B
Xcel Energy posted net income of $1.77B in 2023, edged up 2.0% from 2022.
Xcel Energy Net Income 2022: $1.74B
In 2022, Xcel Energy reported net income of $1.74B, grew 8.7% from 2021.
Xcel Energy Net Income 2021: $1.60B
Xcel Energy net income in 2021 was $1.60B.
See more financial history for Xcel Energy (XEL).
Sector peers by Net Income
Utilities peers of Xcel Energy (XEL), ranked by their latest net income
| $6.83B | |
| $4.97B | |
| $4.88B | |
| $4.34B | |
| $3.58B | |
| $3.00B | |
| $2.32B | |
| $1.84B |
- $6.83B
- $4.97B
- $4.88B
- $4.34B
- $3.00B
- $1.84B
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