Xcel Energy (XEL) capital expenditure was $10.9B in FY2025 (+48% YoY). The tables below show the complete quarterly and annual capital expenditure history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual Capital Expenditure
Fiscal Year
Capital Expenditure
YoY
2025
$10.9B
+48%
2024
$7.4B
+26%
2023
$5.9B
+26%
2022
$4.6B
+9%
2021
$4.2B
-21%
2020
$5.4B
+27%
2019
$4.2B
+7%
2018
$4.0B
+22%
2017
$3.2B
+2%
2016
$3.2B
-13%
2015
$3.7B
+15%
2014
$3.2B
-6%
2013
$3.4B
+32%
2012
$2.6B
+17%
2011
$2.2B
+201%
2010
$732M
-59%
2009
$1.8B
2008
$0
-100%
2007
$2.1B
Recent Quarterly Capital Expenditure
Quarter
Capital Expenditure
Q1 2026
$3.0B
Q4 2025
$3.4B
Q3 2025
$3.1B
Q2 2025
$2.4B
Q1 2025
$2.0B
Q4 2024
$2.2B
Q3 2024
$1.8B
Q2 2024
$1.8B
Q1 2024
$1.5B
Q4 2023
$1.6B
Q3 2023
$1.6B
Q2 2023
$1.3B
Source: XEL on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.