Xcel Energy (XEL) Revenue & Revenue Breakdown

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Xcel Energy Revenue Highlights

Latest Revenue (Y)

$13.44B

Latest Revenue (Q)

$3.64B

Main Segment (Y)

Regulated Electric

Xcel Energy Revenue by Period

Xcel Energy Revenue by Year

Date	Revenue	Change
2024-12-31	$13.44B	-5.39%
2023-12-31	$14.21B	-7.21%
2022-12-31	$15.31B	13.99%
2021-12-31	$13.43B	16.53%
2020-12-31	$11.53B	-0.03%
2019-12-31	$11.53B	-0.07%
2018-12-31	$11.54B	1.17%
2017-12-31	$11.40B	2.67%
2016-12-31	$11.11B	0.75%
2015-12-31	$11.02B	-5.66%
2014-12-31	$11.69B	7.07%
2013-12-31	$10.91B	7.77%
2012-12-31	$10.13B	-4.94%
2011-12-31	$10.65B	3.33%
2010-12-31	$10.31B	6.93%
2009-12-31	$9.64B	-13.93%
2008-12-31	$11.20B	11.65%
2007-12-31	$10.03B	1.97%
2006-12-31	$9.84B	2.23%
2005-12-31	$9.63B	15.34%
2004-12-31	$8.35B	5.14%
2003-12-31	$7.94B	-16.66%
2002-12-31	$9.52B	-35.69%
2001-12-31	$14.81B	29.82%
2000-12-31	$11.41B	297.67%
1999-12-31	$2.87B	1.77%
1998-12-31	$2.82B	3.12%
1997-12-31	$2.73B	3.00%
1996-12-31	$2.65B	3.33%
1995-12-31	$2.57B	3.30%
1994-12-31	$2.49B	3.43%
1993-12-31	$2.40B	-

Xcel Energy generated $13.44B in revenue during NA 2024, up -5.39% compared to the previous quarter, and up 116.58% compared to the same period a year ago.

Xcel Energy Revenue by Quarter

Date	Revenue	Change
2024-09-30	$3.64B	19.79%
2024-06-30	$3.04B	-16.82%
2024-03-31	$3.66B	6.25%
2023-12-31	$3.44B	-6.01%
2023-09-30	$3.66B	21.18%
2023-06-30	$3.02B	-25.93%
2023-03-31	$4.08B	0.67%
2022-12-31	$4.05B	-0.71%
2022-09-30	$4.08B	19.22%
2022-06-30	$3.42B	-8.72%
2022-03-31	$3.75B	11.80%
2021-12-31	$3.35B	-3.23%
2021-09-30	$3.47B	13.01%
2021-06-30	$3.07B	-13.36%
2021-03-31	$3.54B	20.16%
2020-12-31	$2.95B	-7.39%
2020-09-30	$3.18B	23.05%
2020-06-30	$2.59B	-8.00%
2020-03-31	$2.81B	0.46%
2019-12-31	$2.80B	-7.14%
2019-09-30	$3.01B	16.92%
2019-06-30	$2.58B	-17.96%
2019-03-31	$3.14B	9.06%
2018-12-31	$2.88B	-5.51%
2018-09-30	$3.05B	14.67%
2018-06-30	$2.66B	-9.93%
2018-03-31	$2.95B	5.54%
2017-12-31	$2.80B	-7.32%
2017-09-30	$3.02B	14.06%
2017-06-30	$2.64B	-10.23%
2017-03-31	$2.95B	5.43%
2016-12-31	$2.79B	-8.08%
2016-09-30	$3.04B	21.61%
2016-06-30	$2.50B	-9.83%
2016-03-31	$2.77B	4.78%
2015-12-31	$2.65B	-8.81%
2015-09-30	$2.90B	15.35%
2015-06-30	$2.52B	-15.09%
2015-03-31	$2.96B	1.15%
2014-12-31	$2.93B	2.05%
2014-09-30	$2.87B	6.88%
2014-06-30	$2.69B	-16.16%
2014-03-31	$3.20B	17.28%
2013-12-31	$2.73B	-3.24%
2013-09-30	$2.82B	9.44%
2013-06-30	$2.58B	-7.33%
2013-03-31	$2.78B	9.08%
2012-12-31	$2.55B	-6.36%
2012-09-30	$2.72B	19.77%
2012-06-30	$2.27B	-11.77%
2012-03-31	$2.58B	0.38%
2011-12-31	$2.57B	-9.29%
2011-09-30	$2.83B	16.13%
2011-06-30	$2.44B	-13.43%
2011-03-31	$2.82B	9.72%
2010-12-31	$2.57B	-2.35%
2010-09-30	$2.63B	13.91%
2010-06-30	$2.31B	-17.80%
2010-03-31	$2.81B	7.23%
2009-12-31	$2.62B	13.11%
2009-09-30	$2.31B	14.80%
2009-06-30	$2.02B	-25.21%
2009-03-31	$2.70B	-0.44%
2008-12-31	$2.71B	-5.05%
2008-09-30	$2.85B	9.03%
2008-06-30	$2.62B	-13.63%
2008-03-31	$3.03B	16.33%
2007-12-31	$2.60B	-

Xcel Energy generated $3.64B in revenue during Q3 2024, up 19.79% compared to the previous quarter, and up 120.58% compared to the same period a year ago.

Xcel Energy Revenue Breakdown

Xcel Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Regulated Natural Gas	$4.48B	$2.65B	-	-	-
Regulated Electric	$22.30B	$11.45B	-	-	-
Product	-	$13.59B	-	-	-
Wholesale Distribution	-	$815.00M	-	-	-
Other Segments	-	$115.00M	$107.00M	$94.00M	$88.00M
Alternative and Other	-	$615.00M	-	-	-
Retail Distribution	-	$11.91B	-	-	-
Other Services	-	$219.00M	-	-	-
Transmission Services	-	$649.00M	-	-	-
Regulated Natural Gas Segment	-	-	$3.08B	$2.13B	$1.64B
Regulated Electric Segment	-	-	$12.13B	$11.21B	$9.80B

Xcel Energy's latest annual revenue breakdown by segment (product or service), as of Dec 24: Regulated Electric (83.26%), and Regulated Natural Gas (16.74%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Regulated Natural Gas	$2.00B	$239.00M	$1.30B	$942.00M	$393.00M	$1.29B	$1.16B	$358.00M	$477.00M	$1.09B	$768.00M	$269.00M	$1.10B	$647.00M	$554.00M	-	-	-	-	-
Regulated Electric	$5.53B	$8.74B	$5.34B	$2.69B	$2.60B	$2.76B	$2.87B	$3.70B	$2.92B	$2.63B	$2.56B	$3.18B	$2.60B	$2.87B	$2.37B	-	-	-	-	-
Alternative and Other	-	-	-	-	$428.00M	$187.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retail Distribution	-	-	-	-	$8.90B	$3.01B	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Services	-	-	-	-	$177.00M	$42.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	-	-	-	-	$10.12B	$3.48B	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transmission Services	-	-	-	-	$471.00M	$178.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wholesale Distribution	-	-	-	-	$571.00M	$244.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Segments	-	-	-	-	-	-	$28.00M	$29.00M	$28.00M	$26.00M	$25.00M	$28.00M	$25.00M	$23.00M	$22.00M	$24.00M	$21.00M	$22.00M	$20.00M	$25.00M
Natural Gas, US Regulated	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$219.00M	$281.00M	$583.00M
Electricity, US Regulated	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.94B	$2.29B	$2.20B

Xcel Energy's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Regulated Electric (73.40%), and Regulated Natural Gas (26.60%).

Xcel Energy Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
SO	Southern	$26.72B	$7.27B
AEP	American Electric Power	$19.72B	$5.42B
FE	FirstEnergy	$13.47B	$3.73B
XEL	Xcel Energy	$13.44B	$3.64B
DTE	DTE Energy	$12.46B	$2.91B
ETR	Entergy	$11.88B	$3.39B
AEE	Ameren	$7.62B	$2.17B
CMS	CMS Energy	$7.51B	$1.74B
EVRG	Evergy	$5.85B	$1.45B
PNW	Pinnacle West Capital	$5.12B	$1.77B
LNT	Alliant Energy	$3.98B	$1.01B
MGEE	MGE Energy	$676.94M	$145.71M
CNP	CenterPoint Energy	-	$1.86B

XEL Revenue FAQ

What is Xcel Energy’s yearly revenue?

Xcel Energy's yearly revenue for 2024 was $13.44B, representing a decrease of -5.39% compared to 2023. The company's yearly revenue for 2023 was $14.21B, representing a decrease of -7.21% compared to 2022. XEL's yearly revenue for 2022 was $15.31B, representing an increase of 13.99% compared to 2021.

What is Xcel Energy’s quarterly revenue?

Xcel Energy's quarterly revenue for Q3 2024 was $3.64B, a 19.79% increase from the previous quarter (Q2 2024), and a -0.49% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $3.04B, a -16.82% decrease from the previous quarter (Q1 2024), and a 0.66% increase year-over-year (Q2 2023). XEL's quarterly revenue for Q1 2024 was $3.66B, a 6.25% increase from the previous quarter (Q4 2023), and a -10.37% decrease year-over-year (Q1 2023).

What is Xcel Energy’s revenue growth rate?

Xcel Energy's revenue growth rate for the last 3 years (2022-2024) was -12.21%, and for the last 5 years (2020-2024) was 16.61%.

What are Xcel Energy’s revenue streams?

Xcel Energy's revenue streams in c 24 are Regulated Natural Gas, and Regulated Electric. Regulated Natural Gas generated $4.48B in revenue, accounting 16.74% of the company's total revenue, up 69.26% year-over-year. Regulated Electric generated $22.3B in revenue, accounting 83.26% of the company's total revenue, up 94.76% year-over-year.

What is Xcel Energy’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Xcel Energy was Regulated Electric. This segment made a revenue of $22.3B, representing 83.26% of the company's total revenue.