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
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5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| 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 →