Xcel Energy (XEL) Ratios
Xcel Energy Ratios
MX:XEL's free cash flow for Q3 2026 was $-1.21B. For the 2026 fiscal year, MX:XEL's free cash flow was decreased by $-3.29B and operating cash flow was $2.07B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.71 | 0.67 | 0.72 | 0.85 | 0.84 |
| Quick Ratio | 0.60 | 0.57 | 0.59 | 0.71 | 0.72 |
| Cash Ratio | 0.04 | 0.03 | 0.02 | 0.02 | 0.03 |
| Solvency Ratio | 0.09 | 0.10 | 0.09 | 0.10 | 0.09 |
| Operating Cash Flow Ratio | 0.58 | 0.72 | 0.94 | 0.65 | 0.43 |
| Short-Term Operating Cash Flow Coverage | 1.99 | 2.58 | 3.98 | 2.00 | 1.36 |
| Net Current Asset Value | $ -52.75B | $ -46.19B | $ -42.39B | $ -39.37B | $ -38.00B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 |
| Debt-to-Equity Ratio | 1.47 | 1.55 | 1.56 | 1.56 | 1.58 |
| Debt-to-Capital Ratio | 0.60 | 0.61 | 0.61 | 0.61 | 0.61 |
| Long-Term Debt-to-Capital Ratio | 0.57 | 0.58 | 0.59 | 0.58 | 0.58 |
| Financial Leverage Ratio | 3.45 | 3.59 | 3.64 | 3.67 | 3.71 |
| Debt Service Coverage Ratio | 1.90 | 2.01 | 2.28 | 1.81 | 1.93 |
| Interest Coverage Ratio | 2.14 | 2.02 | 2.47 | 2.62 | 2.70 |
| Debt to Market Cap | 0.78 | 0.77 | 0.77 | 0.65 | 0.64 |
| Interest Debt Per Share | 61.54 | 55.75 | 51.66 | 49.28 | 47.41 |
| Net Debt to EBITDA | 5.57 | 5.37 | 5.27 | 5.10 | 5.34 |
| Profitability Margins | |||||
| Gross Profit Margin | 47.20% | 45.74% | 42.09% | 38.28% | 39.15% |
| EBIT Margin | 21.24% | 20.21% | 18.51% | 16.50% | 17.44% |
| EBITDA Margin | 42.25% | 41.60% | 36.58% | 33.18% | 34.25% |
| Operating Profit Margin | 19.63% | 17.75% | 17.46% | 15.86% | 16.40% |
| Pretax Profit Margin | 12.09% | 11.41% | 11.44% | 10.46% | 11.37% |
| Net Profit Margin | 13.76% | 14.40% | 12.47% | 11.34% | 11.89% |
| Continuous Operations Profit Margin | 13.76% | 14.40% | 12.47% | 11.34% | 11.89% |
| Net Income Per EBT | 113.82% | 126.21% | 108.98% | 108.43% | 104.58% |
| EBT Per EBIT | 61.58% | 64.29% | 65.50% | 65.94% | 69.31% |
| Return on Assets (ROA) | 2.48% | 2.76% | 2.76% | 2.84% | 2.76% |
| Return on Equity (ROE) | 8.55% | 9.92% | 10.05% | 10.41% | 10.23% |
| Return on Capital Employed (ROCE) | 3.88% | 3.75% | 4.25% | 4.41% | 4.17% |
| Return on Invested Capital (ROIC) | 3.77% | 3.64% | 4.14% | 4.24% | 4.03% |
| Return on Tangible Assets | 2.48% | 2.76% | 2.76% | 2.84% | 2.76% |
| Earnings Yield | 4.65% | 5.09% | 5.18% | 4.53% | 4.38% |
| Efficiency Ratios | |||||
| Receivables Turnover | 6.64 | 6.46 | 6.55 | 6.18 | 7.14 |
| Payables Turnover | 3.36 | 4.09 | 4.93 | 5.24 | 5.80 |
| Inventory Turnover | 10.18 | 10.95 | 11.57 | 11.77 | 12.95 |
| Fixed Asset Turnover | 0.22 | 0.23 | 0.27 | 0.31 | 0.29 |
| Asset Turnover | 0.18 | 0.19 | 0.22 | 0.25 | 0.23 |
| Working Capital Turnover Ratio | -6.97 | -7.23 | -11.29 | -17.59 | -15.17 |
| Cash Conversion Cycle | -17.87 | 0.71 | 13.24 | 20.41 | 16.35 |
| Days of Sales Outstanding | 54.99 | 56.51 | 55.70 | 59.08 | 51.09 |
| Days of Inventory Outstanding | 35.86 | 33.33 | 31.54 | 31.02 | 28.18 |
| Days of Payables Outstanding | 108.72 | 89.14 | 74.00 | 69.68 | 62.92 |
| Operating Cycle | 90.85 | 89.84 | 87.25 | 90.09 | 79.27 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 6.96 | 8.24 | 9.65 | 7.19 | 4.06 |
| Free Cash Flow Per Share | -11.63 | -4.84 | -0.95 | -1.29 | -3.81 |
| Dividend Paid and CapEx Coverage Ratio | 0.33 | 0.54 | 0.77 | 0.70 | 0.42 |
| Capital Expenditure Coverage Ratio | 0.37 | 0.63 | 0.91 | 0.85 | 0.52 |
| Operating Cash Flow Coverage Ratio | 0.12 | 0.15 | 0.19 | 0.15 | 0.09 |
| Operating Cash Flow to Sales Ratio | 0.28 | 0.35 | 0.37 | 0.26 | 0.16 |
| Free Cash Flow Yield | -15.74% | -7.16% | -1.54% | -1.84% | -5.63% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 21.47 | 19.63 | 19.30 | 22.09 | 22.85 |
| Price-to-Sales (P/S) Ratio | 2.96 | 2.83 | 2.41 | 2.50 | 2.72 |
| Price-to-Book (P/B) Ratio | 1.84 | 1.95 | 1.94 | 2.30 | 2.34 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -6.35 | -13.96 | -64.85 | -54.32 | -17.76 |
| Price-to-Operating Cash Flow Ratio | 10.62 | 8.19 | 6.42 | 9.75 | 16.67 |
| Price-to-Earnings Growth (PEG) Ratio | 0.00 | 2.74 | 15.29 | 3.11 | 4.00 |
| Enterprise Value Multiple | 12.56 | 12.17 | 11.85 | 12.65 | 13.27 |
| Enterprise Value | 77.86B | 68.04B | 61.56B | 64.27B | 61.06B |
| EV to EBITDA | 12.56 | 12.17 | 11.85 | 12.65 | 13.27 |
| EV to Sales | 5.31 | 5.06 | 4.33 | 4.20 | 4.55 |
| EV to Free Cash Flow | -11.41 | -24.99 | -116.81 | -91.04 | -29.71 |
| EV to Operating Cash Flow | 19.07 | 14.66 | 11.56 | 16.35 | 27.89 |
| Tangible Book Value Per Share | 40.22 | 34.67 | 31.91 | 30.48 | 28.96 |
| Shareholders’ Equity Per Share | 40.22 | 34.67 | 31.91 | 30.48 | 28.96 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.14 | -0.26 | -0.09 | -0.08 | -0.05 |
| Revenue Per Share | 24.99 | 23.87 | 25.74 | 27.99 | 24.92 |
| Net Income Per Share | 3.44 | 3.44 | 3.21 | 3.17 | 2.96 |
| Tax Burden | 1.14 | 1.26 | 1.09 | 1.08 | 1.05 |
| Interest Burden | 0.57 | 0.56 | 0.62 | 0.63 | 0.65 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 2.02 | 2.40 | 3.01 | 2.26 | 1.37 |
Currency in USD