XEL Xcel Energy PE ratio, current and historical analysis
- Stocks
- Utilities
- NASDAQ: XEL
- PE Ratio
As at Nov 5, 2025, the XEL stock has a PE ratio of 24.68. This is based on the current EPS of $3.29 and the stock price of $81.19 per share. An increase of 18% has been seen in the P/E ratio compared to the average of 20.9 of the last 4 quarters.
XEL PE ratio history
The mean historical PE ratio of Xcel Energy over the last ten years is 21.03. The current 24.68 PE ratio is 17% above the historical average. Over the past ten years, XEL's PE ratio was at its highest in the Sep 2019 quarter at 25.85, with a price of $64.89 and an EPS of $2.51. The Jun 2024 quarter recorded the bottom point at 15.94, with a price of $53.41 and an EPS of $3.35.
Xcel Energy PE ratio by year
Maximum annual increase: 20.92% in 2014
Maximum annual decrease: -12.52% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 19.63 | 1.76% | $67.52 | $3.44 |
| 2023 | 19.29 | -12.52% | $61.91 | $3.21 |
| 2022 | 22.05 | -3.59% | $70.11 | $3.18 |
| 2021 | 22.87 | -4.31% | $67.7 | $2.96 |
| 2020 | 23.9 | -0.62% | $66.67 | $2.79 |
| 2019 | 24.05 | 20.55% | $63.49 | $2.64 |
| 2018 | 19.95 | -6.29% | $49.27 | $2.47 |
| 2017 | 21.29 | 15.58% | $48.11 | $2.26 |
| 2016 | 18.42 | -0.49% | $40.7 | $2.21 |
| 2015 | 18.51 | 4.64% | $35.91 | $1.94 |
| 2014 | 17.69 | 20.92% | $35.92 | $2.03 |
| 2013 | 14.63 | 1.88% | $27.94 | $1.91 |
| 2012 | 14.36 | -10.64% | $26.71 | $1.86 |
| 2011 | 16.07 | 11.21% | $27.64 | $1.72 |
| 2010 | 14.45 | 0.77% | $23.55 | $1.63 |
Xcel Energy PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2025 | 24.51 | 30.3% | $80.65 | $3.29 |
| Jun 2025 | 18.81 | -9.65% | $68.1 | $3.62 |
| Mar 2025 | 20.82 | 6.06% | $70.79 | $3.4 |
| Dec 2024 | 19.63 | 1.29% | $67.52 | $3.44 |
| Sep 2024 | 19.38 | 21.58% | $65.3 | $3.37 |
| Jun 2024 | 15.94 | -1.24% | $53.41 | $3.35 |
| Mar 2024 | 16.14 | -16.33% | $53.75 | $3.33 |
| Dec 2023 | 19.29 | 6.87% | $61.91 | $3.21 |
| Sep 2023 | 18.05 | -7.96% | $57.22 | $3.17 |
| Jun 2023 | 19.61 | -5.49% | $62.17 | $3.17 |
| Mar 2023 | 20.75 | -5.9% | $67.44 | $3.25 |
| Dec 2022 | 22.05 | 5.76% | $70.11 | $3.18 |
| Sep 2022 | 20.85 | -11.31% | $64 | $3.07 |
| Jun 2022 | 23.51 | -2.61% | $70.76 | $3.01 |
| Mar 2022 | 24.14 | 5.55% | $72.17 | $2.99 |
XEL Price vs fair value
XEL average PE ratio chart
XEL's current P/E ratio is above the 3, 5 and 10-year historical averages.
PE comparison
Xcel Energy's P/E of 24.68 is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 20.94, Xcel Energy's P/E is 18% higher.
XEL PE vs peers
Compared to its peer PPL, XEL's PE ratio stands lower, however it is higher than DUK's and WEC's. Xcel Energy's PE ratio is trading above the peer group average of 20.54.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PCG PG&E Corp | 13.9 | $36.35B |
| AVA Avista Corp | 17.82 | $3.22B |
| DTE Dte Energy Co | 20.09 | $27.83B |
| DUK Duke Energy CORP | 20.12 | $96.22B |
| LNT Alliant Energy Corp | 20.63 | $17.18B |
| CMS Cms Energy Corp | 20.78 | $28.16B |
| WEC Wec Energy Group Inc | 21.03 | $36.39B |
| IDA Idacorp Inc | 22.03 | $6.97B |
| AEE Ameren Corp | 22.42 | $27.71B |
| PPL PPL Corp | 24.67 | $27.01B |
| XEL Xcel Energy Inc | 24.8 | $48.26B |
Frequently asked questions
What is Xcel Energy's PE ratio?
The price to earnings ratio for XEL stock as of Nov 5, 2025, stands at 24.68.
What is the 3-year average PE ratio for Xcel Energy (XEL)?
The average PE ratio for XEL stock over the past 3 years is 19.58.
What is the 5-year average PE ratio for Xcel Energy (XEL)?
The average PE ratio for XEL stock over the past 5 years is 20.85.
What is the highest PE ratio for XEL?
The highest quarterly PE ratio in the last ten years has been 25.85 and it was in the Sep 2019 quarter.
How does the current PE ratio for XEL compare to its historical average?
XEL's current price to earnings ratio is 17% above its 10-year historical average.
How is XEL's PE ratio calculated (Xcel Energy PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 5, 2025), Xcel Energy's stock price is $81.19. The earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $3.29. Therefore, Xcel Energy's P/E ratio for today is 24.68. PE RATIO(24.68) = STOCK PRICE($81.19) / TTM EPS($3.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.