| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 3.9K | 19.1% | 7.4% |
| Total Income | 3.9K | 19.1% | 7.4% |
| Expenditure | 3.2K | 16.8% | 15.8% |
| PBT | 532.00 | 38.5% | 23.1% |
| Net Profit | 524.00 | 18.0% | 23.2% |
| OPM | 19.13% | 1.58pp | 5.87pp |
| NPM | 13.38% | 0.12pp | 5.33pp |
| EPS | 0.88 | 15.8% | 27.3% |
Xcel Energy Reports Q3 2025 GAAP Earnings of $0.88 per share
04 May 2026 · 4 May, 8:24 am
Summary
Xcel Energy Inc. reported third quarter GAAP earnings of $524 million, or $0.88 per share, compared with $682 million, or $1.21 per share in the same period in 2024. Ongoing earnings were $737 million, or $1.24 per share compared with $707 million or $1.25 per share in the same period in 2024. Third quarter ongoing earnings reflect higher depreciation, interest charges and O&M expenses partially offset by increased recovery of infrastructure investments. Xcel Energy reaffirms its 2025 ongoing earnings per share guidance of $3.75 to $3.85 and initiates its 2026 ongoing earnings per share guidance of $4.04 to $4.16.
Key Highlights
- 1
Third quarter GAAP diluted earnings per share were $0.88 in 2025 compared with $1.21 in 2024.
- 2
Year-to-date GAAP diluted earnings per share were $2.47 in 2025 compared with $2.63 in 2024.
- 3
Third quarter ongoing diluted earnings per share were $1.24 in 2025 compared with $1.25 in 2024.
- 4
Year-to-date ongoing diluted earnings per share were $2.84 in 2025 compared with $2.69 in 2024.
- 5
Xcel Energy reaffirms its 2025 ongoing earnings per share guidance of $3.75 to $3.85.
- 6
Xcel Energy initiates its 2026 ongoing earnings per share guidance of $4.04 to $4.16.
- 7
Xcel Energy’s long-term annual growth objectives reflect earnings per share growth of 6-8+% and dividend growth of 4-6%.
Management Comments
Bob Frenzel
“Today Xcel Energy unveiled our updated five-year infrastructure investment plan to serve increased energy demand from our communities, continue progress towards carbon reduction goals for our electric system and make needed investments to strengthen our transmission and distribution systems.” “We will continue to strive to ensure we keep customer bills as low as possible as we modernize and expand our country’s energy infrastructure. By virtually all standards – share of wallet, national and state averages, or tracking at or below inflation rates - Xcel Energy customers have some of the country’s lowest energy bills. ”
Informational and educational content only. Not investment advice.