01—History
Net Income History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $2.02B
02—Ledger
Net Income, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2025 | $2.02B | +4.2% | 10-K | |
| FY2024 | $1.94B | +9.3% | 10-K | |
| FY2023 | $1.77B | +2.0% | 10-K | |
| FY2022 | $1.74B | +8.7% | 10-K | |
| FY2021 | $1.60B | +8.4% | 10-K | |
| FY2020 | $1.47B | +7.4% | 10-K | |
| FY2019 | $1.37B | +8.8% | 10-K | |
| FY2018 | $1.26B | +9.8% | 10-K | |
| FY2017 | $1.15B | +2.2% | 10-K | |
| FY2016 | $1.12B | +14.1% | 10-K | |
| FY2015 | $984.0M | −3.7% | 10-K | |
| FY2014 | $1.02B | +7.7% | 10-K | |
| FY2013 | $948.2M | +4.8% | 10-K | |
| FY2012 | $905.2M | +8.5% | 10-K | |
| FY2011 | $834.4M | +11.0% | 10-K | |
| FY2010 | $751.6M | +11.1% | 10-K | |
| FY2009 | $676.6M | +5.5% | 10-K | |
| FY2008 | $641.3M | +11.9% | 10-K | |
| FY2007 | $573.1M | — | 10-K |
03—Questions
What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is XCEL ENERGY INC's current net income?
XCEL ENERGY INC (XEL) annual net income for 2025 was $2.02B, a 4.24% increase from 2024. XCEL ENERGY INC net income for the quarter ending March 31, 2026 was $556.0M.
What was XCEL ENERGY INC's net income in 2024?
XCEL ENERGY INC annual net income for 2024 was $1.94B, a 9.32% increase from 2023.
What was XCEL ENERGY INC's net income in 2023?
XCEL ENERGY INC annual net income for 2023 was $1.77B, a 2.02% increase from 2022.
What is XCEL ENERGY INC's 5-year net income CAGR?
XCEL ENERGY INC net income grew at a compound annual growth rate (CAGR) of 6.50% from FY2020 to FY2025, going from $1.47B to $2.02B over 5 years.
- Company
- XCEL ENERGY INC
- Ticker
- XEL
- Sector
- Energy
- Industry
- Electric & Other Services Combined