Xcel Energy Inc (XEL) — Cash Flow Reinvestment Rate
Xcel Energy Inc (XEL) has a Cash Flow Reinvestment Rate of 3.47x as of September 2025, reinvesting $6.12 Billion (capex $3.06 Billion plus investments $-3.06 Billion) from operating cash flow of $1.76 Billion. Explore Xcel Energy Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Xcel Energy Inc Cash Flow Reinvestment Rate (1994–2024)
Historical reinvestment intensity for Xcel Energy Inc across 31 annual periods. Also explore Xcel Energy Inc asset portfolio for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Xcel Energy Inc (1994–2024)
Year-by-year capital reinvestment analysis for Xcel Energy Inc. For live market cap and broader valuation context, see Xcel Energy Inc (XEL) total market value.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 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 | — |