XCEL ENERGY INC (XEL) FY2025 Annual Balance Sheet

XCEL ENERGY INC (XEL) FY2025 Annual Balance Sheet

Balance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.

Assets

81,371,000,000 US dollars

Current assets

5,014,000,000 US dollars

Non-current assets

76,357,000,000 US dollars

Liabilities (calculated)

57,762,000,000 US dollars

Current liabilities

7,089,000,000 US dollars

Non-current liabilities

50,673,000,000 US dollars

Equity

23,609,000,000 US dollars

Accounts receivable, net

1,330,000,000 US dollars

Prepayments and other

1,075,000,000 US dollars

Accrued unbilled revenues

880,000,000 US dollars

Inventories

761,000,000 US dollars

Regulatory assets

529,000,000 US dollars

Cash and cash equivalents

274,000,000 US dollars

Derivative instruments

165,000,000 US dollars

Property, plant and equipment, net

65,639,000,000 US dollars

Nuclear decommissioning fund and other investments

4,389,000,000 US dollars

Regulatory assets

2,998,000,000 US dollars

Net finance lease ROU assets

1,348,000,000 US dollars

Other

1,036,000,000 US dollars

Operating lease right-of-use assets

893,000,000 US dollars

Derivative instruments

54,000,000 US dollars

Accounts payable

2,307,000,000 US dollars

Short-term debt

1,550,000,000 US dollars

Regulatory liabilities

714,000,000 US dollars

Other

605,000,000 US dollars

Taxes accrued

579,000,000 US dollars

Current portion of long-term debt

501,000,000 US dollars

Dividends payable

355,000,000 US dollars

Accrued interest

337,000,000 US dollars

Operating Lease, Liability, Current

110,000,000 US dollars

Derivative instruments

31,000,000 US dollars

Long-term debt

31,832,000,000 US dollars

Regulatory liabilities

6,277,000,000 US dollars

Deferred income taxes

6,004,000,000 US dollars

Asset retirement obligations

3,888,000,000 US dollars

Finance Lease, Liability, Noncurrent

1,262,000,000 US dollars

Operating lease liabilities

788,000,000 US dollars

Pension and employee benefit obligations

365,000,000 US dollars

Customer advances

129,000,000 US dollars

Derivative instruments

67,000,000 US dollars

Other

61,000,000 US dollars

Additional paid in capital

12,906,000,000 US dollars

Retained earnings

9,207,000,000 US dollars

Common stock — 1,000,000,000 shares authorized of $2.50 par value; 623,600,715 and 574,365,598 shares outstanding at Dec. 31, 2025 and Dec. 31, 2024, respectively

1,559,000,000 US dollars

Accumulated other comprehensive loss

negative 63,000,000 US dollars

Gross equity (calculated)

23,672,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.