Company / Income Tax
Xcel Energy Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
-$245.0M
FY2025
5-year range
-$402.0M / -$70.0M
FY2021-FY2025
Trend
+39.1%
vs FY2024
Sector context
#72 of 74
Utilities
What the data says
Among 74 Utilities companies, Xcel Energy is in the top 3% for income tax. Income Tax returned to growth in FY2025 after 8 years of decline, reaching -$245M.
Based on SEC 10-K filings.
-$245M in FY2025.
Improved from -$146M to -$245M over the past 2 years.
Utilities sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 3% in UtilitiesTop 3% of 74This company -$245.0M Sector average $161.9M
▼
-251.3% below sector average
Key checks
Key Insights
- In FY2025, income tax increased 39.1% year-over-year.
- Ranks #72 out of 74 companies in the Utilities sector.
- Peak income tax was recorded in FY2016.
- Lowest income tax in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.25 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$245.0M | +39.1% |
| FY2024 | -$402.0M | -175.3% |
| FY2023 | -$146.0M | -8.1% |
| FY2022 | -$135.0M | -92.9% |
| FY2021 | -$70.0M | -1066.7% |
| FY2020 | -$6.0M | -104.7% |
| FY2019 | $128.0M | -29.3% |
| FY2018 | $181.0M | -66.6% |
| FY2017 | $542.0M | -6.7% |
| FY2016 | $581.0M | +7.0% |
As of FY2025 · SEC 10-K · Updated Mar 18, 2026