Xcel Energy

Minneapolis, United States Founded: 1904 • Age: 122 yrs
Energy retailing company
Annual revenue $14.7B Latest available
Total funding - 2 rounds
Employees 11380 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Xcel Energy

Xcel Energy is a company based in Minneapolis (United States) founded in 1904. The company has 11,380 employees as of December 31, 2024. Xcel Energy operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Duke Energy, ScottishPower and EDP Renewables, among others.

  • Headquarter Minneapolis, United States
  • Employees 11380 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Xcel Energy Inc.
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $14.67 B (USD)
    8.92
    as on Dec 31, 2025
  • Net Profit
    $2.02 B (USD)
    4.24
    as on Dec 31, 2025
  • EBITDA
    $5.83 B (USD)
    9.83
    as on Dec 31, 2025
  • Latest Funding Round
    $100 M (USD), Grant

    Oct 18, 2023

  • Investors
    DOE

    & 1 more

  • Employee Count
    11380

    as on Dec 31, 2024

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IPO & Listings of Xcel Energy

Xcel Energy is a publicly listed company on the NASDAQ with ticker symbol XEL in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: XEL · Sector: Utilities · USA

People of Xcel Energy

Headcount 10000+
Employee Profiles 537
Employee Profiles
People
Scott Kurtz
Key Account Manager
People
Raihan I.
Engineer, Transmission Engineering Operations
People
Robert Frenzel
President & CEO
People
Mark Stoering
President, Xcel Energy - Michigan, Wisconsin

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Funding Insights of Xcel Energy

Investors in Xcel Energy

Xcel Energy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include DOE and Levin Capital Strategies.

All
Institutional
Investor Description Founded Year Domain Location
Energy sources and policies are managed by the DOE.
Locked Locked Locked
Manages equity strategies and hedge funds for high net worth clients globally.
Locked Locked Locked
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Investor details for Xcel Energy

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Investments & Acquisitions by Xcel Energy

Investments
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Investment portfolio details for Xcel Energy

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Financial Statements - Xcel Energy

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Detailed financials for Xcel Energy

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Xcel Energy Comparisons

Xcel Energy Primary company
Description
Energy retailing company
Location
Minneapolis, United States
Founded Year
1904
Annual Revenue
$14.67 B (USD)
Net Profit
$2.02 B (USD)
EBITDA
$5.83 B (USD)
Employees
11,380
As of 2024
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Peer comparison for Xcel Energy

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Competitors of Xcel Energy

Xcel Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Octopus Energy, NextEra Energy, Duke Energy, ScottishPower and EDP Renewables, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Utility bill management platform is provided for tracking and billing.
Locked Locked Locked
Developer of energy solutions
Locked Locked Locked
Renewable electricity is produced and distributed across multiple states.
Locked Locked Locked
Wind energy is generated, transmitted, and distributed by ScottishPower.
Locked Locked Locked
Generation of wind power
Locked Locked Locked
Energy company
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Detailed competitors of Xcel Energy

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Latest news on Xcel Energy

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Complete news archive for Xcel Energy

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Frequently Asked Questions about Xcel Energy

Xcel Energy was founded in 1904 and raised its 1st funding round 114 years after it was founded.

Xcel Energy is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

Ben Fowke is the current CEO of Xcel Energy.

As of Dec 31, 2024, the latest employee count at Xcel Energy is 11,380.

Annual revenue of Xcel Energy is $14.67B as on Dec 31, 2025.

Xcel Energy was founded in 1904 and operates within the energy sector, where electricity and natural gas are generated, purchased, transmitted, distributed, and sold to residential and commercial customers. Services cover eight Western and Midwestern states in the United States, with annual revenues of 15.31 billion and net profit of 1.73 billion recorded in 2022. Operations focus on reliable utility provision in Minneapolis-based headquarters.

Xcel Energy's top competitors include Octopus Energy, NextEra Energy and Neoen.

Yes, Xcel Energy is publicly traded on NASDAQ under the ticker symbol XEL.

Xcel Energy has 2 investors. Key investors include DOE, and Levin Capital Strategies.

The ticker symbol of Xcel Energy is XEL on NASDAQ.

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