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
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Sectors
Energy & Utilities
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Phone
Locked
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Website
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Social
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- Legal Name Xcel Energy Inc.
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Annual Revenue
$14.67 B (USD)8.92as on Dec 31, 2025
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Net Profit
$2.02 B (USD)4.24as on Dec 31, 2025
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EBITDA
$5.83 B (USD)9.83as on Dec 31, 2025
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Latest Funding Round
$100 M (USD), Grant
Oct 18, 2023
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Investors
DOE
& 1 more
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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.
People of Xcel Energy
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Software Development Team
161 people
Leadership Team
61 people
Operations Team
52 people
Senior Team
29 people
Finance and Accounting
27 people
Principal Team
18 people
Legal and Compliance
18 people
Manager Team
15 people
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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.
| Investor | Description | Founded Year | Domain | Location |
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Energy sources and policies are managed by the DOE.
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Manages equity strategies and hedge funds for high net worth clients globally.
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Investor details for Xcel Energy
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Investments & Acquisitions by Xcel Energy
Investment portfolio details for Xcel Energy
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Financial Statements - Xcel Energy
Detailed financials for Xcel Energy
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Xcel Energy Comparisons
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 |
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Utility bill management platform is provided for tracking and billing.
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Developer of energy solutions
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Renewable electricity is produced and distributed across multiple states.
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Wind energy is generated, transmitted, and distributed by ScottishPower.
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Generation of wind power
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Energy company
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Detailed competitors of Xcel Energy
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Latest news on Xcel Energy
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.