Xcel Energy Inc (XEL) — Capital Reinvestment Ratio
Xcel Energy Inc (XEL) has a Capital Reinvestment Ratio of 1.73x as of September 2025, meaning it reinvests 2% of its operating cash flow ($1.76 Billion) in capital expenditures ($3.06 Billion). See Xcel Energy Inc (XEL) net asset quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Xcel Energy Inc Capital Reinvestment Ratio (1994–2024)
This chart tracks Xcel Energy Inc's Capital Reinvestment Ratio across 31 annual periods. Check Xcel Energy Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Xcel Energy Inc (1994–2024)
Year-by-year Capital Reinvestment Ratio for Xcel Energy Inc from 1994 to 2024. For live market cap and broader valuation context, see XEL market cap overview.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 1.59x | $4.64 Billion | $7.36 Billion | ▲ +44.4% |
| 2023 | 1.10x | $5.33 Billion | $5.85 Billion | ▼ -6.8% |
| 2022 | 1.18x | $3.93 Billion | $4.64 Billion | ▼ -39.2% |
| 2021 | 1.94x | $2.19 Billion | $4.24 Billion | ▲ +2.8% |
| 2020 | 1.89x | $2.85 Billion | $5.37 Billion | ▲ +45.6% |
| 2019 | 1.29x | $3.26 Billion | $4.22 Billion | ▲ +2.2% |
| 2018 | 1.27x | $3.12 Billion | $3.96 Billion | ▲ +19.4% |
| 2017 | 1.06x | $3.13 Billion | $3.32 Billion | ▼ -0.5% |
| 2016 | 1.07x | $3.05 Billion | $3.26 Billion | ▼ -12.4% |
| 2015 | 1.22x | $3.03 Billion | $3.68 Billion | ▲ +0.7% |
| 2014 | 1.21x | $2.65 Billion | $3.20 Billion | ▼ -8.0% |
| 2013 | 1.31x | $2.58 Billion | $3.40 Billion | ▲ +2.5% |
| 2012 | 1.28x | $2.00 Billion | $2.57 Billion | ▲ +39.8% |
| 2011 | 0.92x | $2.41 Billion | $2.21 Billion | ▼ -41.1% |
| 2010 | 1.56x | $1.89 Billion | $2.95 Billion | ▲ +67.2% |
| 2009 | 0.93x | $1.92 Billion | $1.79 Billion | ▼ -26.0% |
| 2008 | 1.26x | $1.68 Billion | $2.11 Billion | ▼ -6.8% |
| 2007 | 1.35x | $1.55 Billion | $2.10 Billion | ▲ +60.7% |
| 2006 | 0.84x | $1.94 Billion | $1.63 Billion | ▼ -25.5% |
| 2005 | 1.13x | $1.16 Billion | $1.31 Billion | ▼ -29.0% |
| 2004 | 1.59x | $803.94 Million | $1.28 Billion | ▲ +5087.1% |
| 2003 | 0.03x | $1.38 Billion | $42.29 Million | ▼ -97.7% |
| 2002 | 1.36x | $1.77 Billion | $2.41 Billion | ▼ -59.9% |
| 2001 | 3.39x | $1.58 Billion | $5.37 Billion | ▲ +49.9% |
| 2000 | 2.26x | $1.41 Billion | $3.18 Billion | ▲ +233.1% |
| 1999 | 0.68x | $681.20 Million | $462.10 Million | ▲ +15.9% |
| 1998 | 0.59x | $702.10 Million | $411.10 Million | ▲ +1.8% |
| 1997 | 0.57x | $689.80 Million | $396.60 Million | ▼ -24.1% |
| 1996 | 0.76x | $544.50 Million | $412.50 Million | ▲ +8.4% |
| 1995 | 0.70x | $573.80 Million | $401.00 Million | ▼ -14.5% |
| 1994 | 0.82x | $500.60 Million | $409.30 Million | — |