Xcel posts FY 2025 GAAP net income of USD 2.018 billion

Reuters02-26
Xcel posts FY 2025 GAAP net income of USD 2.018 billion

Xcel Energy reported FY 2025 GAAP net income of USD 2.0 billion and GAAP diluted EPS of USD 3.42. FY 2025 ongoing earnings were USD 2.2 billion and ongoing diluted EPS was USD 3.80, reflecting an adjustment for the Marshall Wildfire litigation (USD 298 million pre-tax; USD 0.38 per share impact). FY 2025 cash provided by operating activities was USD 4.1 billion, with net cash used in investing activities of USD 11.0 billion and cash provided by financing activities of USD 7.0 billion. For FY 2025, Xcel’s ROE was 9.36% on a GAAP basis and 10.38% on an ongoing basis. Management said the FY 2025 change in ongoing EPS was driven by increased recovery of infrastructure investments and electric sales growth, partly offset by higher interest, depreciation and O&M expenses. The company also provided FY 2026 ongoing EPS guidance of USD 4.04 to USD 4.16 and said it expects to fund additional capital investment with approximately 40% equity and 60% debt, alongside a base capital expenditure forecast of USD 60.0 billion for 2026–2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xcel Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000072903-26-000009), on February 25, 2026, and is solely responsible for the information contained therein.

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