Xcel Energy Inc (XEL) — Capital Reinvestment Ratio
Latest as of March 2026:
1.78x
Xcel Energy Inc (XEL) has a Capital Reinvestment Ratio of 1.78x as of March 2026, meaning it reinvests 2% of its operating cash flow ($1.70 Billion) in capital expenditures ($3.02 Billion). See Xcel Energy Inc (XEL) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.78x
Capex / Operating Cash Flow
Operating Cash Flow
$1.70 Billion
USD
Capital Expenditures
$3.02 Billion
USD
Data as of
Mar 2026
Most recent filing
Xcel Energy Inc Capital Reinvestment Ratio (1994–2025)
This chart tracks Xcel Energy Inc's Capital Reinvestment Ratio across 32 annual periods.
Annual Capital Reinvestment Ratio for Xcel Energy Inc (1994–2025)
Year-by-year Capital Reinvestment Ratio for Xcel Energy Inc from 1994 to 2025. For live market cap and broader valuation context, see Xcel Energy Inc (XEL) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.29x | $4.08 Billion | $1.17 Billion | ▼ -81.9% |
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow