About Xcel Energy
Xcel Energy is a publicly listed company based in Minneapolis (United States) founded in 1904. Energy retailing company. The company has 11,380 employees. Its chief executive, as recorded, is Ben Fowke. Its website xcelenergy.com draws about 2.7 million monthly visits. Its focus areas include Energy, Wind Energy, Independent Power Producer and Utility. Its competitors include NextEra Energy and Duke Energy.
Company details
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.
- Headquarters Minneapolis, United States
- Employees 11,380
- Stage Public
- SectorsEnergy & Utilities
- Website category Finance · Banking Credit and Lending
- Website my.xcelenergy.com/s
- Social LinkedIn X
- Legal Name Xcel Energy Inc.
- Annual Revenue$14.67 B (USD)8.94as on Dec 31, 2025
- Net Profit$2.02 B (USD)4.24as on Dec 31, 2025
- EBITDA$5.99 B (USD)12.73as on Dec 31, 2025
- Latest Funding Round$100M (USD), Grant
Oct 2023
- InvestorsDOE
& 1 more
- Employee Count11,380
Funding Insights of Xcel Energy
- Total Rounds 2
- Last Round Grant — $100M
- First Round $58.7M
(Nov 2018)
- Investors Count 2
All 2 funding rounds of Xcel Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $100M | Grant | – | – | |
| Nov 2018 | $58.7M | Post-IPO | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Energy sources and policies are managed by the DOE. | 1977 | energy.gov | ||
Manages equity strategies and hedge funds for high net worth clients globally. | 2005 | levincap.com | New York, United States |
Investor details for Xcel Energy
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People of Xcel Energy
538 people are tracked at Xcel Energy (126 in leadership, 412 in team); the tracked headcount is 11,380.
| Name | Role | Group |
|---|---|---|
Ben Fowke | CEO | Leadership |
Robert Frenzel | President & CEO | Leadership |
Mark Stoering | President, Xcel Energy - Michigan, Wisconsin | Leadership |
Brad Morrison | Director | Leadership |
Paul Johnson | VP, Treasurer & Investor Relations | Leadership |
Karen Hyde | SVP, Chief Risk, Audit & Compliance Officer | Leadership |
Tawnya Fiedler | Vice President, Application Delivery | Leadership |
Brian Van Abel | EVP, CFO | Leadership |
Frank Qie | Director, Engineering, Design & Document Services | Leadership |
Amy Schneider | VP, Corporate Secretary & Securities | Leadership |
Tim Peterson | Cio/cto | Leadership |
Shawn Hafen | Site Vice President | Leadership |
Jessica Terry | Director - Strategic Operations Planning | Leadership |
Kerby Nester | Sr Director, Substation And Transmission Line Engineering & Design | Leadership |
Matt Laible | Director Of Jurisdictional Communications | Leadership |
Karl Hoesly | President, Xcel Energy Wisconsin And Michigan | Leadership |
Phil Lawson | Director Of Software Engineering | Leadership |
Laura Roberts | Senior Director, Conceptual Engineering | Leadership |
Emily Smith | Sr. Director Of Strategy, Governance & Business Operations | Leadership |
Russell Girtz | Director, Capital Projects Development - Dispatchable Generation | Leadership |
518 more people are available in the full profile.
Complete people profiles for Xcel Energy
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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.
- IPO date05 Aug 1993
- Listed onNYSE: XEL
- Listed entityXcel Energy Inc.
- Exchange sectorUtilities
- ISINUS98389B1008
- Share price$74.64 (+0.63% on the day) · 2026-10-13
- Market capitalisation$46.62B
- Price to earnings20.4
- EPS (diluted, trailing year)$3.65
- Dividend yield3.17%
- Volume (last session)4,180,629
Financials of Xcel Energy
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $14.67B | $2.02B | $5.99B |
| 2024 | $13.47B | $1.94B | $5.31B |
| 2023 | $14.21B | $1.77B | $5.19B |
| 2022 | $15.29B | $1.74B | $4.98B |
| 2021 | $13.37B | $1.60B | $4.42B |
Detailed financial statements for Xcel Energy
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Timeline of Xcel Energy
4 dated milestones of Xcel Energy across 119 years, from founding to its latest funding, stage changes and deals.
- Founded Xcel Energy is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $58.7M.
- Funding Latest funding round, Grant, of $100.0M.
Competitors of Xcel Energy
Xcel Energy has 2 listed competitors in our database. They include NextEra Energy and Duke Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nexteraenergy.com | 1925 | Juno Beach, United States | 9,500 | Developer of energy solutions | ||
| duke-energy.com | 1904 | Charlotte, United States | 27,037 | Renewable electricity is produced and distributed across multiple states. |
Detailed competitors of Xcel Energy
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Web traffic of Xcel Energy
The website of Xcel Energy (xcelenergy.com) receives about 2.7M visits a month and ranks #10,869 among all websites worldwide, #696 in Banking Credit and Lending.
- Monthly visits2.7M
▼ 30.4% vs previous month
- Unique visitors1.5M
per month
- Global rank#10,869
among all websites
- Category rank#696
Finance · Banking Credit and Lending
- Bounce rate26%
- Pages per visit6.6
- Average visit3 min 51 sec
- DevicesDesktop 39% · Mobile 61%
Websites whose visitors overlap most with Xcel Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
denverwater.org | denverwater.org | 100% | #304,981 | – | |
| efirstbank.com | 77% | 1M | #36,815 | View details | |
| midco.com | 76% | 437.4K | #89,691 | View details | |
xpressbillpay.com | xpressbillpay.com | 76% | #35,697 | – | |
rcuonline.org | rcuonline.org | 76% | #109,906 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Xcel Energy
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Xcel Energy (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about 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 CEO of Xcel Energy, as recorded in our data.
Xcel Energy has 11,380 employees.
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 NextEra Energy and Duke Energy.
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 website of Xcel Energy receives about 2.7 million visits a month and ranks #10,869 among all websites worldwide.