As of Jun 22, 2026, XEL's PE to growth ratio of 8.68 reflects its valuation relative to its growth. This value reflects a P/E ratio of 22.58 measured against EPS growth of 2.6%.
Xcel Energy's ten years historical PEG ratio has a mean of 5.35. Compared to historical data, XEL's 8.68 PEG ratio represents an increase of 62%. XEL reached its maximum PEG ratio of 30.35 during the Jun 2019 quarter over the past ten years. The Jun 2016 quarter had the bottom reading at 1.28, indicating the most optimal growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 21.47 | 0% |
| 2024 | 2.73 | 19.63 | 7.2% |
| 2023 | 21.43 | 19.29 | 0.9% |
| 2022 | 2.98 | 22.05 | 7.4% |
| 2021 | 3.75 | 22.87 | 6.1% |
| 2020 | 4.19 | 23.9 | 5.7% |
| 2019 | 3.49 | 24.05 | 6.9% |
| 2018 | 2.15 | 19.95 | 9.3% |
| 2017 | 9.26 | 21.29 | 2.3% |
| 2016 | 1.33 | 18.42 | 13.9% |
| 2015 | N/A | 18.51 | -4.4% |
| 2014 | 2.81 | 17.69 | 6.3% |
| 2013 | 5.42 | 14.63 | 2.7% |
| 2012 | 1.77 | 14.36 | 8.1% |
| 2011 | 2.92 | 16.07 | 5.5% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 8.75 | 22.76 | 2.6% |
| Dec 2025 | N/A | 21.47 | 0% |
| Sep 2025 | N/A | 24.51 | -2.4% |
| Jun 2025 | 2.32 | 18.81 | 8.1% |
| Mar 2025 | 9.91 | 20.82 | 2.1% |
| Dec 2024 | 2.73 | 19.63 | 7.2% |
| Sep 2024 | 3.08 | 19.38 | 6.3% |
| Jun 2024 | 2.8 | 15.94 | 5.7% |
| Mar 2024 | 6.46 | 16.14 | 2.5% |
| Dec 2023 | 21.43 | 19.29 | 0.9% |
| Sep 2023 | 5.47 | 18.05 | 3.3% |
| Jun 2023 | 3.7 | 19.61 | 5.3% |
| Mar 2023 | 2.39 | 20.75 | 8.7% |
| Dec 2022 | 2.98 | 22.05 | 7.4% |
| Sep 2022 | 4.09 | 20.85 | 5.1% |
XEL's PEG ratio today sits above its 3, 5 and 10-year averages.
Xcel Energy's PEG of 8.68 is above the Utilities sector, the industry and its peers average.
Relative to its peer stocks DUK and PCG, XEL's PEG ratio is higher. Xcel Energy's PEG ratio of 8.68 is above the peer average of 1.89.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| PCG PG&E Corp | 0.7 | $36.62B |
| AEE Ameren Corp | 0.82 | $30.36B |
| PPL PPL Corp | 1.01 | $26.78B |
| DUK Duke Energy CORP | 2.28 | $96.3B |
| LNT Alliant Energy Corp | 2.3 | $18.91B |
| AVA Avista Corp | 2.33 | $3.28B |
| IDA Idacorp Inc | 2.82 | $7.91B |
| CMS Cms Energy Corp | 2.86 | $22.8B |
| XEL Xcel Energy Inc | 8.68 | $49.2B |
| WEC Wec Energy Group Inc | N/A | $36.82B |
| DTE Dte Energy Co | N/A | $30.54B |
According to Jun 22, 2026 data, XEL's PEG ratio sits at 8.68.
Historical data over a 3-year period places XEL's average PEG ratio at 6.67.
Historical data over a 5-year period places XEL's average PEG ratio at 5.81.
XEL's PEG ratio peaked at 30.35 during the Jun 2019 quarter - the highest in ten years.
Currently, XEL's PEG ratio is 62% higher than its 10-year historical average.
Slow earnings growth combined with a high valuation pushes XEL's PEG ratio to 8.68.
To calculate the PEG ratio, take the company's PE ratio and divide by its earnings per share growth (YoY TTM). As of Jun 22, 2026, Xcel Energy has a P/E ratio of 22.58. Earnings grew at 2.6% over the TTM period ending Mar 2026. Applying the formula, this gives a price to earnings growth ratio of 8.68. PEG RATIO(8.68) = PE RATIO(22.58) / EPS GROWTH(2.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.