XCEL ENERGY INC (XEL) Stock Fundamental Analysis
USA - NASDAQ:XEL - US98389B1008 - Common Stock
80.71 USD
-0.39 (-0.48%)
Taking everything into account, XEL scores 3 out of 10 in our fundamental rating. XEL was compared to 47 industry peers in the Electric Utilities industry. While XEL is still in line with the averages on profitability rating, there are concerns on its financial health. XEL is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
XEL had positive earnings in the past year.
XEL had a positive operating cash flow in the past year.
Each year in the past 5 years XEL has been profitable.
XEL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.75%, XEL perfoms like the industry average, outperforming 51.06% of the companies in the same industry.
XEL has a Return On Equity of 9.89%. This is comparable to the rest of the industry: XEL outperforms 46.81% of its industry peers.
The Return On Invested Capital of XEL (2.82%) is worse than 87.23% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for XEL is in line with the industry average of 4.90%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 9.89% | ||
| ROIC | 2.82% |
ROA(3y)2.79%
ROA(5y)2.77%
ROE(3y)10.13%
ROE(5y)10.14%
ROIC(3y)3.27%
ROIC(5y)3.27%
1.3 Margins
The Profit Margin of XEL (14.85%) is comparable to the rest of the industry.
XEL's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 18.00%, XEL is doing worse than 65.96% of the companies in the same industry.
XEL's Operating Margin has been stable in the last couple of years.
XEL has a better Gross Margin (92.80%) than 97.87% of its industry peers.
In the last couple of years the Gross Margin of XEL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18% | ||
| PM (TTM) | 14.85% | ||
| GM | 92.8% |
OM growth 3Y2.67%
OM growth 5Y-0.62%
PM growth 3Y6.6%
PM growth 5Y3.89%
GM growth 3Y0.42%
GM growth 5Y0.25%
2. Health
2.1 Basic Checks
XEL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
XEL has more shares outstanding than it did 1 year ago.
The number of shares outstanding for XEL has been increased compared to 5 years ago.
The debt/assets ratio for XEL is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.98, we must say that XEL is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.98, XEL is in line with its industry, outperforming 55.32% of the companies in the same industry.
A Debt/Equity ratio of 1.53 is on the high side and indicates that XEL has dependencies on debt financing.
XEL's Debt to Equity ratio of 1.53 is in line compared to the rest of the industry. XEL outperforms 40.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.98 |
ROIC/WACC0.42
WACC6.69%
2.3 Liquidity
XEL has a Current Ratio of 0.96. This is a bad value and indicates that XEL is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of XEL (0.96) is comparable to the rest of the industry.
XEL has a Quick Ratio of 0.96. This is a bad value and indicates that XEL is not financially healthy enough and could expect problems in meeting its short term obligations.
XEL has a Quick ratio (0.85) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.69% over the past year.
The Earnings Per Share has been growing slightly by 5.68% on average over the past years.
Looking at the last year, XEL shows a small growth in Revenue. The Revenue has grown by 1.28% in the last year.
Measured over the past years, XEL shows a small growth in Revenue. The Revenue has been growing by 3.12% on average per year.
EPS 1Y (TTM)3.69%
EPS 3Y5.54%
EPS 5Y5.68%
EPS Q2Q%38.89%
Revenue 1Y (TTM)1.28%
Revenue growth 3Y0.02%
Revenue growth 5Y3.12%
Sales Q2Q%8.55%
3.2 Future
The Earnings Per Share is expected to grow by 8.23% on average over the next years. This is quite good.
Based on estimates for the next years, XEL will show a small growth in Revenue. The Revenue will grow by 5.24% on average per year.
EPS Next Y10.78%
EPS Next 2Y9.4%
EPS Next 3Y9.02%
EPS Next 5Y8.23%
Revenue Next Year2.99%
Revenue Next 2Y4.8%
Revenue Next 3Y5.26%
Revenue Next 5Y5.24%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 22.11, which indicates a rather expensive current valuation of XEL.
Compared to the rest of the industry, the Price/Earnings ratio of XEL indicates a slightly more expensive valuation: XEL is more expensive than 72.34% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.29. XEL is around the same levels.
XEL is valuated rather expensively with a Price/Forward Earnings ratio of 19.38.
Compared to the rest of the industry, the Price/Forward Earnings ratio of XEL indicates a slightly more expensive valuation: XEL is more expensive than 63.83% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.85. XEL is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.11 | ||
| Fwd PE | 19.38 |
4.2 Price Multiples
XEL's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. XEL is more expensive than 74.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.22 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates XEL does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.05
PEG (5Y)3.89
EPS Next 2Y9.4%
EPS Next 3Y9.02%
5. Dividend
5.1 Amount
XEL has a Yearly Dividend Yield of 2.81%.
Compared to an average industry Dividend Yield of 3.40, XEL has a dividend in line with its industry peers.
XEL's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
5.2 History
On average, the dividend of XEL grows each year by 6.45%, which is quite nice.
XEL has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of XEL decreased recently.
Dividend Growth(5Y)6.45%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
XEL pays out 59.09% of its income as dividend. This is a bit on the high side, but may be sustainable.
XEL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP59.09%
EPS Next 2Y9.4%
EPS Next 3Y9.02%
NASDAQ:XEL (10/17/2025, 11:10:07 AM)
80.71
-0.39 (-0.48%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners90.66%
Inst Owner Change-0.23%
Ins Owners0.14%
Ins Owner Change0.4%
Market Cap47.73B
Analysts81.05
Price Target82.45 (2.16%)
Short Float %2.66%
Short Ratio3.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
Yearly Dividend2.08
Dividend Growth(5Y)6.45%
DP59.09%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.56%
Min EPS beat(2)-9.55%
Max EPS beat(2)14.67%
EPS beat(4)1
Avg EPS beat(4)-1.19%
Min EPS beat(4)-9.55%
Max EPS beat(4)14.67%
EPS beat(8)3
Avg EPS beat(8)-0.13%
EPS beat(12)5
Avg EPS beat(12)-1.02%
EPS beat(16)6
Avg EPS beat(16)-1.08%
Revenue beat(2)1
Avg Revenue beat(2)-0.14%
Min Revenue beat(2)-1.66%
Max Revenue beat(2)1.39%
Revenue beat(4)1
Avg Revenue beat(4)-6.63%
Min Revenue beat(4)-18.13%
Max Revenue beat(4)1.39%
Revenue beat(8)1
Avg Revenue beat(8)-8.96%
Revenue beat(12)4
Avg Revenue beat(12)-3.02%
Revenue beat(16)8
Avg Revenue beat(16)-0.65%
PT rev (1m)4.98%
PT rev (3m)6.76%
EPS NQ rev (1m)-0.69%
EPS NQ rev (3m)-0.08%
EPS NY rev (1m)0.1%
EPS NY rev (3m)0.13%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)0.08%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)-0.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.11 | ||
| Fwd PE | 19.38 | ||
| P/S | 3.42 | ||
| P/FCF | N/A | ||
| P/OCF | 10.58 | ||
| P/B | 2.28 | ||
| P/tB | 2.28 | ||
| EV/EBITDA | 14.22 |
EPS(TTM)3.65
EY4.52%
EPS(NY)4.16
Fwd EY5.16%
FCF(TTM)-6.6
FCFYN/A
OCF(TTM)7.63
OCFY9.45%
SpS23.6
BVpS35.44
TBVpS35.44
PEG (NY)2.05
PEG (5Y)3.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 9.89% | ||
| ROCE | 3.62% | ||
| ROIC | 2.82% | ||
| ROICexc | 2.88% | ||
| ROICexgc | 2.88% | ||
| OM | 18% | ||
| PM (TTM) | 14.85% | ||
| GM | 92.8% | ||
| FCFM | N/A |
ROA(3y)2.79%
ROA(5y)2.77%
ROE(3y)10.13%
ROE(5y)10.14%
ROIC(3y)3.27%
ROIC(5y)3.27%
ROICexc(3y)3.28%
ROICexc(5y)3.28%
ROICexgc(3y)3.28%
ROICexgc(5y)3.28%
ROCE(3y)4.2%
ROCE(5y)4.2%
ROICexcg growth 3Y-3.22%
ROICexcg growth 5Y-4%
ROICexc growth 3Y-3.22%
ROICexc growth 5Y-4%
OM growth 3Y2.67%
OM growth 5Y-0.62%
PM growth 3Y6.6%
PM growth 5Y3.89%
GM growth 3Y0.42%
GM growth 5Y0.25%
F-Score5
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.84 | ||
| Cap/Depr | 283.39% | ||
| Cap/Sales | 60.26% | ||
| Interest Coverage | 2.1 | ||
| Cash Conversion | 82.3% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 0.98 |
F-Score5
WACC6.69%
ROIC/WACC0.42
Cap/Depr(3y)221.93%
Cap/Depr(5y)222.34%
Cap/Sales(3y)42.1%
Cap/Sales(5y)40.89%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.69%
EPS 3Y5.54%
EPS 5Y5.68%
EPS Q2Q%38.89%
EPS Next Y10.78%
EPS Next 2Y9.4%
EPS Next 3Y9.02%
EPS Next 5Y8.23%
Revenue 1Y (TTM)1.28%
Revenue growth 3Y0.02%
Revenue growth 5Y3.12%
Sales Q2Q%8.55%
Revenue Next Year2.99%
Revenue Next 2Y4.8%
Revenue Next 3Y5.26%
Revenue Next 5Y5.24%
EBIT growth 1Y-7.82%
EBIT growth 3Y2.7%
EBIT growth 5Y2.48%
EBIT Next Year112.39%
EBIT Next 3Y38.49%
EBIT Next 5Y26.57%
FCF growth 1Y-388.85%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2.52%
OCF growth 3Y28.47%
OCF growth 5Y7.3%