XELXcel Energy
Xcel Energy Inc.’s Subsidiaries and Affiliates (current and former) Capital Services Capital Services, LLC Eloigne Eloigne Company e prime e prime inc. 10-K, Item 1
- Employees
- 11,534
- Headquarters
- Minneapolis, MN
- CEO
- Robert Frenzel
- Next results
- around Feb 4, 2027
The biggest changes in the 10-K filed 2026-02-25, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.
Cash from operations
-12.0% Big change FY to 2025-12-31 vs 2024-12-31The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Revenue
+9.1% FY to 2025-12-31 vs 2024-12-31“NSP-Minnesota — Residential sales increased due to customer growth (1.1%) and use per customer (0.4%).”
Read it in the 10-K ↗
“PSCo — Residential sales increased due to customer growth (1.1%) and use per customer (0.6%).”
Read it in the 10-K ↗
Net income
+4.2% FY to 2025-12-31 vs 2024-12-31“Other Income — Other income increased $92 million for the year, primarily related to gains on debt repurchases.”
Read it in the 10-K ↗
Operating margin
17.8% → 17.6% (-0.1 pts) FY to 2025-12-31 vs 2024-12-31The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗
Work on XEL in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/XEL/export.csv") into a cell.