Xcel Energy Overview

  • Year Founded
  • 1909

Year Founded

  • Status
  • Public

  • Employees
  • 11,380

Employees

  • Stock Symbol
  • XEL

Stock Symbol

  • Investments
  • 22

  • Share Price
  • $68.92
  • (As of Wednesday Closing)

Xcel Energy General Information

Description

Xcel Energy manages utilities serving 3.8 million electric customers and 2.2 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy suppliers in the US with more than half of its electricity sales coming from carbon-free energy.

Contact Information

Formerly Known As
Northern State Power, New Century Energies, Northern States Power Co
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 414 Nicollet Mall
  • Minneapolis, MN 55401
  • United States
+1 (612)
Primary Industry
Multi-Utilities
Stock Exchange
NAS
Vertical(s)
Corporate Office
  • 414 Nicollet Mall
  • Minneapolis, MN 55401
  • United States
+1 (612)

Xcel Energy Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Xcel Energy Stock Performance

As of 26-Mar-2025, Xcel Energy’s stock price is $68.92. Its current market cap is $39.6B with 575M shares.

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$68.92 $67.93 $51.97 - $73.38 $39.6B 575M 3.59M $3.44

Xcel Energy Financials Summary

As of 31-Dec-2024, Xcel Energy has a trailing 12-month revenue of $13.4B.

In Thousands,
USD
TTM 31-Dec-2024 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 67,031,803 67,031,803 60,690,948 63,576,592
Revenue 13,441,000 13,441,000 14,206,000 15,310,000
EBITDA 5,591,000 5,591,000 5,196,000 5,080,000
Net Income 1,936,000 1,936,000 1,771,000 1,736,000
Total Assets 70,035,000 70,035,000 64,079,000 61,188,000
Total Debt 30,208,000 30,208,000 27,514,000 26,032,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Xcel Energy Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Xcel Energy‘s full profile, request access.

Request a free trial

Xcel Energy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Xcel Energy manages utilities serving 3.8 million electric customers and 2.2 million natural gas customers in eight stat
Multi-Utilities
Minneapolis, MN
11,380 As of 2024

Phoenix, AZ
 

Sioux Falls, SD
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Xcel Energy Competitors (19)

One of Xcel Energy’s 19 competitors is Pinnacle West Capital, a Corporation company based in Phoenix, AZ.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Pinnacle West Capital Corporation Phoenix, AZ
NorthWestern Energy Group Corporation Sioux Falls, SD
American Electric Power Company Corporation Columbus, OH
NiSource Private Equity-Backed Merrillville, IN
Ameren Corporation Saint Louis, MO
You’re viewing 5 of 19 competitors. Get the full list »

Xcel Energy Patents

Xcel Energy Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250022087-A1 Electronic and computer-based emergency operating procedures for regulated facilities Pending 13-Jul-2023
US-20240378534-A1 Event learning and operational risk assessment for asset performance management system Pending 11-May-2023
US-20240339831-A1 Tripping energy loads during under-frequency events based on rate of change of frequency Pending 10-Apr-2023
US-11853915-B1 Automated screening, remediation, and disposition of issues in energy facilities Active 03-Nov-2022
US-20220186872-A1 Vent box method and appartus Active 10-Dec-2020 F16L55/179
To view Xcel Energy’s complete patent history, request access »

Xcel Energy Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Xcel Energy Investments & Acquisitions (22)

Xcel Energy’s most recent deal was a Corporate Asset Purchase with EDF Renewable Energy (Chanarambie and Viking Wind Projects in Minnesota, United States). The deal was made on 31-Dec-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
EDF Renewable Energy (Chanarambie and Viking Wind Projects in Minnesota, United States) 31-Dec-2022 Corporate Asset Purchase Other Energy
Thread (Grand Forks) 28-Jun-2022 Seed Round Business/Productivity Software
Ranger Power (74-MW Solar Farm) 26-Oct-2020 Corporate Asset Purchase Other Energy
Community Wind North and Jeffers Wind 15-Jan-2020 Corporate Asset Purchase Other Energy
Beyond Limits 10-Jul-2019 Later Stage VC Business/Productivity Software
You’re viewing 5 of 22 investments and acquisitions. Get the full list »

Xcel Energy ESG

Risk Overview

Risk Rating

Updated February, 20, 2025

29.51 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 14,946

Rank

Percentile

Utilities

Industry

of 646

Rank

Percentile

Multi-Utilities

Subindustry

of 104

Rank

Percentile

To view Xcel Energy’s complete esg history, request access »

Xcel Energy Exits (3)

Xcel Energy’s most recent exit was on 04-Jun-2019 from Calpine (Mankato Energy Center in Minnesota). The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Calpine (Mankato Energy Center in Minnesota) 04-Jun-2019 Completed
InterPhases Research 22-Oct-2011 Completed
  • 2 buyers
Planergy Housing 01-Jan-2003 Merger/Acquisition Completed
To view Xcel Energy’s complete exits history, request access »

Xcel Energy Affiliates

Subsidiaries (4)

Name Industry Location Year Founded
Northern States Power Minneapolis, MN 2000
Xcel Energy Pension Plan and Xcel Energy Pension Plan For Bargaining Employees Minneapolis, MN 1950
Public Service Co Of Colorado Denver, CO 1924
Xcel Energy Master Pension Trust Minneapolis, MN

Xcel Energy FAQs

  • When was Xcel Energy founded?

    Xcel Energy was founded in 1909.

  • Where is Xcel Energy headquartered?

    Xcel Energy is headquartered in Minneapolis, MN.

  • What is the size of Xcel Energy?

    Xcel Energy has 11,380 total employees.

  • What industry is Xcel Energy in?

    Xcel Energy’s primary industry is Multi-Utilities.

  • Is Xcel Energy a private or public company?

    Xcel Energy is a Public company.

  • What is Xcel Energy’s stock symbol?

    The ticker symbol for Xcel Energy is XEL.

  • What is the current stock price of Xcel Energy?

    As of 26-Mar-2025 the stock price of Xcel Energy is $68.92.

  • What is the current market cap of Xcel Energy?

    The current market capitalization of Xcel Energy is $39.6B.

  • What is Xcel Energy’s current revenue?

    The trailing twelve month revenue for Xcel Energy is $13.4B.

  • Who are Xcel Energy’s competitors?

    Pinnacle West Capital, NorthWestern Energy Group, American Electric Power Company, NiSource, and Ameren are some of the 19 competitors of Xcel Energy.

  • What is Xcel Energy’s annual earnings per share (EPS)?

    Xcel Energy’s EPS for 12 months was $3.44.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »