Xcel Energy annual ebitda margin
2007
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2022
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2024
2025
Xcel Energy EBITDA Margin Growth & History (XEL)
Xcel Energy's ebitda margin was 37.84% for fiscal 2025.
View full Xcel Energy company overviewXcel Energy annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 37.84% | −0.51 pp |
| 2024 | 2024-12-31 | 38.35% | +3.49 pp |
| 2023 | 2023-12-31 | 34.86% | +3.09 pp |
| 2022 | 2022-12-31 | 31.77% | −0.59 pp |
| 2021 | 2021-12-31 | 32.36% | −3.00 pp |
| 2020 | 2020-12-31 | 35.35% | +1.62 pp |
| 2019 | 2019-12-31 | 33.73% | +2.32 pp |
| 2018 | 2018-12-31 | 31.41% | −1.19 pp |
| 2017 | 2017-12-31 | 32.60% | +0.56 pp |
| 2016 | 2016-12-31 | 32.04% | +3.53 pp |
| 2015 | 2015-12-31 | 28.51% | +2.97 pp |
| 2014 | 2014-12-31 | 25.54% | −0.57 pp |
| 2013 | 2013-12-31 | 26.11% | −1.21 pp |
| 2012 | 2012-12-31 | 27.31% | +2.06 pp |
| 2011 | 2011-12-31 | 25.25% | +1.08 pp |
| 2010 | 2010-12-31 | 24.17% | +0.28 pp |
| 2009 | 2009-12-31 | 23.89% | +4.08 pp |
| 2008 | 2008-12-31 | 19.81% | −1.69 pp |
| 2007 | 2007-12-31 | 21.49% | — |
Xcel Energy quarterly ebitda margin
Q2.08
Q3.08
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
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Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
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Q3.13
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Q2.14
Q3.14
Q4.14
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Q2.15
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Q4.15
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Q2.16
Q3.16
Q4.16
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Q2.17
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Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
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Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
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Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 43.70% | +4.03 pp |
| Q1 2026 | 2026-03-31 | 37.83% | +1.70 pp |
| Q4 2025 | 2025-12-31 | 37.41% | +3.40 pp |
| Q3 2025 | 2025-09-30 | 38.42% | −5.38 pp |
| Q2 2025 | 2025-06-30 | 39.67% | +1.53 pp |
| Q1 2025 | 2025-03-31 | 36.12% | −0.68 pp |
| Q4 2024 | 2024-12-31 | 34.01% | −1.50 pp |
| Q3 2024 | 2024-09-30 | 43.80% | +1.83 pp |
| Q2 2024 | 2024-06-30 | 38.14% | +5.42 pp |
| Q1 2024 | 2024-03-31 | 36.80% | +7.29 pp |
| Q4 2023 | 2023-12-31 | 35.50% | +7.38 pp |
| Q3 2023 | 2023-09-30 | 41.97% | +4.37 pp |
| Q2 2023 | 2023-06-30 | 32.73% | +0.25 pp |
| Q1 2023 | 2023-03-31 | 29.51% | +0.80 pp |
| Q4 2022 | 2022-12-31 | 28.13% | −5.09 pp |
| Q3 2022 | 2022-09-30 | 37.60% | −2.17 pp |
| Q2 2022 | 2022-06-30 | 32.48% | +1.06 pp |
| Q1 2022 | 2022-03-31 | 28.71% | −0.21 pp |
| Q4 2021 | 2021-12-31 | 33.22% | +1.80 pp |
| Q3 2021 | 2021-09-30 | 39.78% | −2.02 pp |
| Q2 2021 | 2021-06-30 | 31.42% | −3.30 pp |
| Q1 2021 | 2021-03-31 | 28.92% | −3.85 pp |
| Q4 2020 | 2020-12-31 | 31.42% | −0.85 pp |
| Q3 2020 | 2020-09-30 | 41.80% | +1.67 pp |
| Q2 2020 | 2020-06-30 | 34.73% | +1.62 pp |
| Q1 2020 | 2020-03-31 | 32.76% | +3.35 pp |
| Q4 2019 | 2019-12-31 | 32.27% | +5.02 pp |
| Q3 2019 | 2019-09-30 | 40.13% | +2.72 pp |
| Q2 2019 | 2019-06-30 | 33.10% | +0.41 pp |
| Q1 2019 | 2019-03-31 | 29.42% | +0.04 pp |
| Q4 2018 | 2018-12-31 | 27.26% | −2.18 pp |
| Q3 2018 | 2018-09-30 | 37.40% | −2.31 pp |
| Q2 2018 | 2018-06-30 | 32.69% | −0.22 pp |
| Q1 2018 | 2018-03-31 | 29.38% | −1.33 pp |
| Q4 2017 | 2017-12-31 | 29.43% | −0.17 pp |
| Q3 2017 | 2017-09-30 | 39.71% | +1.57 pp |
| Q2 2017 | 2017-06-30 | 32.91% | +2.57 pp |
| Q1 2017 | 2017-03-31 | 30.71% | +1.35 pp |
| Q4 2016 | 2016-12-31 | 29.60% | +1.55 pp |
| Q3 2016 | 2016-09-30 | 38.14% | +1.23 pp |
| Q2 2016 | 2016-06-30 | 30.34% | +2.44 pp |
| Q1 2016 | 2016-03-31 | 29.36% | +8.15 pp |
| Q4 2015 | 2015-12-31 | 28.05% | +5.58 pp |
| Q3 2015 | 2015-09-30 | 36.91% | +4.66 pp |
| Q2 2015 | 2015-06-30 | 27.91% | +3.45 pp |
| Q1 2015 | 2015-03-31 | 21.21% | −2.03 pp |
| Q4 2014 | 2014-12-31 | 22.47% | +0.98 pp |
| Q3 2014 | 2014-09-30 | 32.25% | +0.43 pp |
| Q2 2014 | 2014-06-30 | 24.46% | −1.01 pp |
| Q1 2014 | 2014-03-31 | 23.24% | −2.19 pp |
| Q4 2013 | 2013-12-31 | 21.49% | −0.17 pp |
| Q3 2013 | 2013-09-30 | 31.82% | −3.56 pp |
| Q2 2013 | 2013-06-30 | 25.47% | −2.52 pp |
| Q1 2013 | 2013-03-31 | 25.43% | +1.64 pp |
| Q4 2012 | 2012-12-31 | 21.66% | +0.52 pp |
| Q3 2012 | 2012-09-30 | 35.38% | +3.65 pp |
| Q2 2012 | 2012-06-30 | 27.99% | +3.66 pp |
| Q1 2012 | 2012-03-31 | 23.79% | +0.50 pp |
| Q4 2011 | 2011-12-31 | 21.14% | −0.49 pp |
| Q3 2011 | 2011-09-30 | 31.73% | +1.67 pp |
| Q2 2011 | 2011-06-30 | 24.33% | +1.07 pp |
| Q1 2011 | 2011-03-31 | 23.29% | +1.57 pp |
| Q4 2010 | 2010-12-31 | 21.63% | −0.51 pp |
| Q3 2010 | 2010-09-30 | 30.06% | +1.40 pp |
| Q2 2010 | 2010-06-30 | 23.26% | −0.63 pp |
| Q1 2010 | 2010-03-31 | 21.72% | +0.22 pp |
| Q4 2009 | 2009-12-31 | 22.14% | — |
| Q3 2009 | 2009-09-30 | 28.66% | +5.62 pp |
| Q2 2009 | 2009-06-30 | 23.89% | +6.02 pp |
| Q1 2009 | 2009-03-31 | 21.50% | — |
| Q3 2008 | 2008-09-30 | 23.04% | — |
| Q2 2008 | 2008-06-30 | 17.88% | — |
Xcel Energy ebitda margin trends
Over the last five fiscal years, Xcel Energy's ebitda margin increased from 35.35% to 37.84%, a change of +2.49 percentage points. The latest reported quarter, Q2 2026, shows 43.70%.
About the metric
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
Calculation and source
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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