Xcel Energy Inc (XEL) — Financial Flexibility Index
Xcel Energy Inc (XEL) has a Financial Flexibility Index of 0.08x as of September 2025. Free cash flow of $4.82 Billion (operating CF $1.76 Billion minus capex $3.06 Billion) represents 0% of total liabilities ($57.97 Billion). Also explore XEL year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Xcel Energy Inc Financial Flexibility Index (1994–2024)
Historical Financial Flexibility Index trend for Xcel Energy Inc across 31 annual periods. Check Xcel Energy Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Xcel Energy Inc (1994–2024)
Year-by-year free cash flow to debt coverage for Xcel Energy Inc. For the full company profile including market capitalisation, see XEL market cap overview.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.24x | $12.01 Billion | $4.64 Billion | $50.51 Billion | ▼ -1.2% |
| 2023 | 0.24x | $11.18 Billion | $5.33 Billion | $46.46 Billion | ▲ +25.0% |
| 2022 | 0.19x | $8.57 Billion | $3.93 Billion | $44.51 Billion | ▲ +26.4% |
| 2021 | 0.15x | $6.43 Billion | $2.19 Billion | $42.24 Billion | ▼ -27.0% |
| 2020 | 0.21x | $8.22 Billion | $2.85 Billion | $39.38 Billion | ▲ +3.7% |
| 2019 | 0.20x | $7.49 Billion | $3.26 Billion | $37.21 Billion | ▼ -4.0% |
| 2018 | 0.21x | $7.08 Billion | $3.12 Billion | $33.77 Billion | ▲ +2.7% |
| 2017 | 0.20x | $6.45 Billion | $3.13 Billion | $31.57 Billion | ▼ -2.5% |
| 2016 | 0.21x | $6.31 Billion | $3.05 Billion | $30.13 Billion | ▼ -11.2% |
| 2015 | 0.24x | $6.71 Billion | $3.03 Billion | $28.45 Billion | ▲ +7.8% |
| 2014 | 0.22x | $5.85 Billion | $2.65 Billion | $26.74 Billion | ▼ -11.0% |
| 2013 | 0.25x | $5.98 Billion | $2.58 Billion | $24.34 Billion | ▲ +19.6% |
| 2012 | 0.21x | $4.57 Billion | $2.00 Billion | $22.27 Billion | ▼ -6.4% |
| 2011 | 0.22x | $4.61 Billion | $2.41 Billion | $21.02 Billion | ▼ -13.0% |
| 2010 | 0.25x | $4.84 Billion | $1.89 Billion | $19.20 Billion | ▲ +23.2% |
| 2009 | 0.20x | $3.71 Billion | $1.92 Billion | $18.10 Billion | ▼ -3.4% |
| 2008 | 0.21x | $3.79 Billion | $1.68 Billion | $17.89 Billion | ▼ -2.5% |
| 2007 | 0.22x | $3.65 Billion | $1.55 Billion | $16.78 Billion | ▼ -2.1% |
| 2006 | 0.22x | $3.56 Billion | $1.94 Billion | $16.03 Billion | ▲ +45.0% |
| 2005 | 0.15x | $2.47 Billion | $1.16 Billion | $16.14 Billion | ▲ +10.5% |
| 2004 | 0.14x | $2.08 Billion | $803.94 Million | $14.99 Billion | ▲ +45.5% |
| 2003 | 0.10x | $1.42 Billion | $1.38 Billion | $14.93 Billion | ▼ -48.8% |
| 2002 | 0.19x | $4.18 Billion | $1.77 Billion | $22.45 Billion | ▼ -41.7% |
| 2001 | 0.32x | $6.95 Billion | $1.58 Billion | $21.78 Billion | ▲ +10.0% |
| 2000 | 0.29x | $4.59 Billion | $1.41 Billion | $15.82 Billion | ▲ +80.2% |
| 1999 | 0.16x | $1.14 Billion | $681.20 Million | $7.10 Billion | ▼ -30.5% |
| 1998 | 0.23x | $1.11 Billion | $702.10 Million | $4.81 Billion | ▼ -2.6% |
| 1997 | 0.24x | $1.09 Billion | $689.80 Million | $4.57 Billion | ▲ +5.8% |
| 1996 | 0.22x | $957.00 Million | $544.50 Million | $4.26 Billion | ▼ -8.7% |
| 1995 | 0.25x | $974.80 Million | $573.80 Million | $3.96 Billion | ▲ +3.2% |
| 1994 | 0.24x | $909.90 Million | $500.60 Million | $3.82 Billion | — |