Xcel Energy Inc (XEL) — Free Cash Flow Generation Index
Xcel Energy Inc (XEL) has a Free Cash Flow Generation Index of -0.78x as of March 2026. Free cash flow of $-1.32 Billion represents -1% of operating cash flow ($1.70 Billion). Read debt load of Xcel Energy Inc for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Xcel Energy Inc Free Cash Flow Generation Index (1994–2025)
Historical FCF Generation Index trend for Xcel Energy Inc across 32 annual periods. Explore Xcel Energy Inc (XEL) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Xcel Energy Inc (1994–2025)
Year-by-year Free Cash Flow Generation Index for Xcel Energy Inc. For the full company profile including market capitalisation, see Xcel Energy Inc (XEL) total market value.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.29x | $5.25 Billion | $4.08 Billion | $1.17 Billion | ▲ +319.3% |
| 2024 | -0.59x | $-2.72 Billion | $4.64 Billion | $7.36 Billion | ▼ -493.1% |
| 2023 | -0.10x | $-527.00 Million | $5.33 Billion | $5.85 Billion | ▲ +44.9% |
| 2022 | -0.18x | $-706.00 Million | $3.93 Billion | $4.64 Billion | ▲ +80.9% |
| 2021 | -0.94x | $-2.06 Billion | $2.19 Billion | $4.24 Billion | ▼ -6.1% |
| 2020 | -0.89x | $-2.52 Billion | $2.85 Billion | $5.37 Billion | ▼ -200.2% |
| 2019 | -0.29x | $-962.00 Million | $3.26 Billion | $4.22 Billion | ▼ -10.2% |
| 2018 | -0.27x | $-835.00 Million | $3.12 Billion | $3.96 Billion | ▼ -333.2% |
| 2017 | -0.06x | $-193.00 Million | $3.13 Billion | $3.32 Billion | ▲ +7.3% |
| 2016 | -0.07x | $-203.25 Million | $3.05 Billion | $3.26 Billion | ▲ +69.4% |
| 2015 | -0.22x | $-657.52 Million | $3.03 Billion | $3.68 Billion | ▼ -4.3% |
| 2014 | -0.21x | $-551.60 Million | $2.65 Billion | $3.20 Billion | ▲ +33.7% |
| 2013 | -0.31x | $-811.29 Million | $2.58 Billion | $3.40 Billion | ▼ -11.3% |
| 2012 | -0.28x | $-565.45 Million | $2.00 Billion | $2.57 Billion | ▼ -439.3% |
| 2011 | 0.08x | $199.96 Million | $2.41 Billion | $2.21 Billion | ▲ +114.9% |
| 2010 | -0.56x | $-1.06 Billion | $1.89 Billion | $2.95 Billion | ▼ -913.0% |
| 2009 | 0.07x | $131.56 Million | $1.92 Billion | $1.79 Billion | ▲ +126.6% |
| 2008 | -0.26x | $-433.73 Million | $1.68 Billion | $2.11 Billion | ▲ +26.2% |
| 2007 | -0.35x | $-543.58 Million | $1.55 Billion | $2.10 Billion | ▼ -319.1% |
| 2006 | 0.16x | $309.45 Million | $1.94 Billion | $1.63 Billion | ▲ +225.3% |
| 2005 | -0.13x | $-148.30 Million | $1.16 Billion | $1.31 Billion | ▲ +78.3% |
| 2004 | -0.59x | $-472.51 Million | $803.94 Million | $1.28 Billion | ▼ -160.6% |
| 2003 | 0.97x | $1.34 Billion | $1.38 Billion | $42.29 Million | ▲ +369.2% |
| 2002 | -0.36x | $-637.74 Million | $1.77 Billion | $2.41 Billion | ▲ +84.9% |
| 2001 | -2.39x | $-3.78 Billion | $1.58 Billion | $5.37 Billion | ▼ -89.5% |
| 2000 | -1.26x | $-1.77 Billion | $1.41 Billion | $3.18 Billion | ▼ -491.7% |
| 1999 | 0.32x | $219.10 Million | $681.20 Million | $462.10 Million | ▼ -22.4% |
| 1998 | 0.41x | $291.00 Million | $702.10 Million | $411.10 Million | ▼ -2.5% |
| 1997 | 0.43x | $293.20 Million | $689.80 Million | $396.60 Million | ▲ +75.3% |
| 1996 | 0.24x | $132.00 Million | $544.50 Million | $412.50 Million | ▼ -19.5% |
| 1995 | 0.30x | $172.80 Million | $573.80 Million | $401.00 Million | ▲ +65.1% |
| 1994 | 0.18x | $91.30 Million | $500.60 Million | $409.30 Million | — |