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XCEL ENERGY INC Income Tax Expense 2007-2026 | XEL

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What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is XCEL ENERGY INC's current income tax expense?

XCEL ENERGY INC (XEL) annual income tax expense for 2025 was $-245.0M, a 39.05% increase from 2024. XCEL ENERGY INC income tax expense for the quarter ending March 31, 2026 was $-47.0M.

What was XCEL ENERGY INC's income tax expense in 2024?

XCEL ENERGY INC annual income tax expense for 2024 was $-402.0M, a 175.34% decline from 2023.

What was XCEL ENERGY INC's income tax expense in 2023?

XCEL ENERGY INC annual income tax expense for 2023 was $-146.0M, a 8.15% decline from 2022.

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGRN/A
FY2020
$-6.0M
FY2025
$-245.0M
07080910111213141516171819202122232425
5 years selected
Income Tax Expense History
PeriodValueChangeSource
FY2025$-245.0M+39.1%10-K
FY2024$-402.0M-175.3%10-K
FY2023$-146.0M-8.1%10-K
FY2022$-135.0M-92.9%10-K
FY2021$-70.0M-1066.7%10-K
FY2020$-6.0M-104.7%10-K
FY2019$128.0M-29.3%10-K
FY2018$181.0M-66.6%10-K
FY2017$542.0M-6.7%10-K
FY2016$581.0M+7.0%10-K
FY2015$543.0M+3.7%10-K
FY2014$523.8M+8.2%10-K
FY2013$484.0M+7.5%10-K
FY2012$450.2M-3.9%10-K
FY2011$468.3M+7.3%10-K
FY2010$436.6M+17.6%10-K
FY2009$371.3M+9.6%10-K
FY2008$338.7M+15.0%10-K
FY2007$294.5M-10-K
Company: XCEL ENERGY INCTicker: XELSector: EnergyIndustry: Electric & Other Services CombinedView company profile →