Xcel Energy Inc (XEL) — Financial Flexibility Index
Xcel Energy Inc (XEL) has a Financial Flexibility Index of 0.08x as of March 2026. Free cash flow of $4.72 Billion (operating CF $1.70 Billion minus capex $3.02 Billion) represents 0% of total liabilities ($61.02 Billion). Check Xcel Energy Inc (XEL) strategic investment index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Xcel Energy Inc Financial Flexibility Index (1994–2025)
Historical Financial Flexibility Index trend for Xcel Energy Inc across 32 annual periods. See Xcel Energy Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Xcel Energy Inc (1994–2025)
Year-by-year free cash flow to debt coverage for Xcel Energy Inc. For the full company profile including market capitalisation, see Xcel Energy Inc stock valuation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.09x | $5.25 Billion | $4.08 Billion | $57.76 Billion | ▼ -61.7% |
| 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 | — |