Xcel Energy (NASDAQ: XEL) net income
Xcel Energy reported a net profit of $2,018m for fiscal 2025, 4.2% more than in fiscal 2024 ($1,936m). Its net margin was 13.8%. Earnings per share were $3.44.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2025 | $2,018m | +4.2% | 13.8% | $3.44 |
| 2024 | $1,936m | +9.3% | 14.4% | $3.44 |
| 2023 | $1,771m | +2.0% | 12.5% | $3.21 |
| 2022 | $1,736m | +8.7% | 11.3% | $3.18 |
| 2021 | $1,597m | +8.4% | 11.9% | $2.96 |
| 2020 | $1,473m | +7.4% | 12.8% | $2.79 |
| 2019 | $1,372m | +8.8% | 11.9% | $2.64 |
| 2018 | $1,261m | +9.8% | 10.9% | $2.47 |
| 2017 | $1,148m | +2.2% | 10.1% | $2.26 |
| 2016 | $1,123m | — | 10.1% | $2.21 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Xcel Energy
- How much did Xcel Energy earn in fiscal 2025?
- Xcel Energy reported a net profit of $2,018m for fiscal 2025. In fiscal 2024 it reported a net profit of $1,936m.
- What are the earnings per share of Xcel Energy?
- They were $3.44 in fiscal 2025, compared with $3.44 in fiscal 2024.
- What is the net margin of Xcel Energy?
- In fiscal 2025 its net profit was 13.8% of its revenue.
- What was the most profitable year for Xcel Energy?
- Of its last 10 fiscal years, fiscal 2025, with $2,018m.
- Where do the figures for Xcel Energy come from?
- From the annual report (Form 10-K) that Xcel Energy files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Xcel Energy files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Xcel Energy: the Xcel Energy page · annual accounts · revenue · dividends paid · insider transactions.
Dividend per share of Xcel Energy by fiscal year, with the filing behind every figure: Xcel Energy dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.