Xcel Energy Inc (XEL) — Cash Flow Reinvestment Rate
Xcel Energy Inc (XEL) has a Cash Flow Reinvestment Rate of 1.78x as of March 2026, reinvesting $3.02 Billion (capex $3.02 Billion ) from operating cash flow of $1.70 Billion. Check cash flow quality index of Xcel Energy Inc to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Xcel Energy Inc Cash Flow Reinvestment Rate (1994–2025)
Historical reinvestment intensity for Xcel Energy Inc across 32 annual periods. Explore XEL long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Xcel Energy Inc (1994–2025)
Year-by-year capital reinvestment analysis for Xcel Energy Inc. For live market cap and broader valuation context, see Xcel Energy Inc (XEL) market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.29x | $1.17 Billion | $4.08 Billion | $1.17 Billion | ▼ -91.0% |
| 2024 | 3.19x | $14.79 Billion | $4.64 Billion | $7.36 Billion | ▲ +47.9% |
| 2023 | 2.15x | $11.48 Billion | $5.33 Billion | $5.85 Billion | ▲ +81.3% |
| 2022 | 1.19x | $4.67 Billion | $3.93 Billion | $4.64 Billion | ▼ -38.9% |
| 2021 | 1.95x | $4.26 Billion | $2.19 Billion | $4.24 Billion | ▲ +2.8% |
| 2020 | 1.89x | $5.39 Billion | $2.85 Billion | $5.37 Billion | ▲ +45.4% |
| 2019 | 1.30x | $4.25 Billion | $3.26 Billion | $4.22 Billion | ▲ +2.1% |
| 2018 | 1.27x | $3.98 Billion | $3.12 Billion | $3.96 Billion | ▲ +18.4% |
| 2017 | 1.08x | $3.36 Billion | $3.13 Billion | $3.32 Billion | ▼ -1.3% |
| 2016 | 1.09x | $3.33 Billion | $3.05 Billion | $3.26 Billion | ▼ -11.0% |
| 2015 | 1.22x | $3.71 Billion | $3.03 Billion | $3.68 Billion | ▲ +1.1% |
| 2014 | 1.21x | $3.21 Billion | $2.65 Billion | $3.20 Billion | ▼ -8.5% |
| 2013 | 1.32x | $3.42 Billion | $2.58 Billion | $3.40 Billion | ▲ +2.7% |
| 2012 | 1.29x | $2.59 Billion | $2.00 Billion | $2.57 Billion | ▲ +40.5% |
| 2011 | 0.92x | $2.21 Billion | $2.41 Billion | $2.21 Billion | ▼ -41.1% |
| 2010 | 1.56x | $2.95 Billion | $1.89 Billion | $2.95 Billion | ▲ +65.1% |
| 2009 | 0.94x | $1.81 Billion | $1.92 Billion | $1.79 Billion | ▼ -25.0% |
| 2008 | 1.26x | $2.11 Billion | $1.68 Billion | $2.11 Billion | ▼ -6.8% |
| 2007 | 1.35x | $2.10 Billion | $1.55 Billion | $2.10 Billion | ▲ +60.7% |
| 2006 | 0.84x | $1.63 Billion | $1.94 Billion | $1.63 Billion | ▼ -25.5% |
| 2005 | 1.13x | $1.31 Billion | $1.16 Billion | $1.31 Billion | ▼ -29.0% |
| 2004 | 1.59x | $1.28 Billion | $803.94 Million | $1.28 Billion | ▲ +5087.1% |
| 2003 | 0.03x | $42.29 Million | $1.38 Billion | $42.29 Million | ▼ -97.7% |
| 2002 | 1.36x | $2.41 Billion | $1.77 Billion | $2.41 Billion | ▼ -59.9% |
| 2001 | 3.39x | $5.37 Billion | $1.58 Billion | $5.37 Billion | ▲ +49.9% |
| 2000 | 2.26x | $3.18 Billion | $1.41 Billion | $3.18 Billion | ▲ +233.1% |
| 1999 | 0.68x | $462.10 Million | $681.20 Million | $462.10 Million | ▲ +15.9% |
| 1998 | 0.59x | $411.10 Million | $702.10 Million | $411.10 Million | ▲ +1.8% |
| 1997 | 0.57x | $396.60 Million | $689.80 Million | $396.60 Million | ▼ -24.1% |
| 1996 | 0.76x | $412.50 Million | $544.50 Million | $412.50 Million | ▲ +8.4% |
| 1995 | 0.70x | $401.00 Million | $573.80 Million | $401.00 Million | ▼ -14.5% |
| 1994 | 0.82x | $409.30 Million | $500.60 Million | $409.30 Million | — |