Xcel Energy Inc (XEL) — Cash Flow Quality Index

Latest as of June 2026: 1.88x

Xcel Energy Inc (XEL) has a Cash Flow Quality Index of 1.88x as of June 2026. Operating cash flow of $1.10 Billion exceeds net income of $586.00 Million, indicating high earnings quality where cash backs reported profits. Explore Xcel Energy Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.88x
Operating CF / Net Income

Operating Cash Flow

$1.10 Billion
USD

Net Income

$586.00 Million
USD

Data as of

Jun 2026
Most recent filing

Xcel Energy Inc Cash Flow Quality Index (1994–2025)

Historical Cash Flow Quality Index for Xcel Energy Inc across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Xcel Energy Inc operating cash flow efficiency.

Annual Cash Flow Quality Index for Xcel Energy Inc (1994–2025)

Year-by-year earnings quality comparison for Xcel Energy Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 2.02x $4.08 Billion $2.02 Billion ▼ -15.6%
2024 2.40x $4.64 Billion $1.94 Billion ▼ -20.3%
2023 3.01x $5.33 Billion $1.77 Billion ▲ +32.8%
2022 2.26x $3.93 Billion $1.74 Billion ▲ +65.2%
2021 1.37x $2.19 Billion $1.60 Billion ▼ -29.1%
2020 1.93x $2.85 Billion $1.47 Billion ▼ -18.7%
2019 2.38x $3.26 Billion $1.37 Billion ▼ -3.9%
2018 2.48x $3.12 Billion $1.26 Billion ▼ -9.1%
2017 2.72x $3.13 Billion $1.15 Billion ▲ +0.2%
2016 2.72x $3.05 Billion $1.12 Billion ▼ -11.6%
2015 3.07x $3.03 Billion $984.49 Million ▲ +18.5%
2014 2.59x $2.65 Billion $1.02 Billion ▼ -4.8%
2013 2.73x $2.58 Billion $948.23 Million ▲ +23.0%
2012 2.21x $2.00 Billion $905.20 Million ▼ -22.5%
2011 2.86x $2.41 Billion $841.37 Million ▲ +13.5%
2010 2.52x $1.89 Billion $751.96 Million ▼ -10.0%
2009 2.80x $1.92 Billion $685.52 Million ▲ +7.6%
2008 2.60x $1.68 Billion $645.55 Million ▼ -3.3%
2007 2.69x $1.55 Billion $577.35 Million ▼ -20.6%
2006 3.39x $1.94 Billion $571.75 Million ▲ +49.4%
2005 2.27x $1.16 Billion $512.97 Million ▲ +0.4%
2004 2.26x $803.94 Million $355.96 Million ▲ +1.7%
2003 2.22x $1.38 Billion $622.39 Million ▲ +11.4%
2001 1.99x $1.58 Billion $794.97 Million ▼ -22.7%
2000 2.58x $1.41 Billion $545.79 Million ▼ -15.1%
1999 3.04x $681.20 Million $224.30 Million ▲ +22.2%
1998 2.49x $702.10 Million $282.40 Million ▼ -14.5%
1997 2.91x $689.80 Million $237.30 Million ▲ +46.5%
1996 1.98x $544.50 Million $274.50 Million ▼ -4.7%
1995 2.08x $573.80 Million $275.80 Million ▲ +1.2%
1994 2.06x $500.60 Million $243.50 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.