
Xcel Energy Inc
NASDAQ:XEL

Xcel Energy Inc
Tax Provision
Xcel Energy Inc
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
![]() |
Xcel Energy Inc
NASDAQ:XEL
|
Tax Provision
$402m
|
CAGR 3-Years
79%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
Southern Co
NYSE:SO
|
Tax Provision
-$969m
|
CAGR 3-Years
-54%
|
CAGR 5-Years
12%
|
CAGR 10-Years
0%
|
|
![]() |
Duke Energy Corp
NYSE:DUK
|
Tax Provision
-$590m
|
CAGR 3-Years
-30%
|
CAGR 5-Years
-3%
|
CAGR 10-Years
10%
|
|
![]() |
Nextera Energy Inc
NYSE:NEE
|
Tax Provision
-$339m
|
CAGR 3-Years
1%
|
CAGR 5-Years
1%
|
CAGR 10-Years
12%
|
|
![]() |
American Electric Power Company Inc
NASDAQ:AEP
|
Tax Provision
$39.2m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
25%
|
CAGR 10-Years
N/A
|
|
![]() |
Constellation Energy Corp
NASDAQ:CEG
|
Tax Provision
-$774m
|
CAGR 3-Years
-51%
|
CAGR 5-Years
-8%
|
CAGR 10-Years
N/A
|
Xcel Energy Inc
Glance View
Xcel Energy Inc. stands as a significant player in the U.S. energy sector, weaving a complex tapestry of operations that emphasizes both generation and distribution of electrical power and natural gas. Headquartered in Minneapolis, Minnesota, the company serves millions across eight states, strategically positioned in both the northern Midwest and down into the southwestern and western parts of the country. The company operates through several subsidiaries, each managing different geographical segments of its sprawling service territory. From bustling urban environments to sprawling rural landscapes, Xcel Energy ensures that a diverse portfolio of power generation sources—spanning coal, natural gas, hydroelectric, wind, and solar—meets its customers' varied needs. In recent years, Xcel Energy has embarked on a journey of transformation, echoing broader industry trends towards sustainability and clean energy. The company's revenue model, while traditionally rooted in the steady, regulated income from its provision of essential services, is tilting towards integrating and expanding renewable energy offerings. By investing in wind and solar farms, innovating in energy storage solutions, and modernizing the electrical grid, Xcel Energy is not only aiming to reduce its carbon footprint but also to capture new opportunities that arise from the growing demand for greener energy sources. As the world pivots to address climate change, Xcel Energy seems poised to align its economic strategies with environmentally responsible practices, potentially redefining its growth and revenue paths in the years to come.

See Also
What is Xcel Energy Inc's Tax Provision?
Tax Provision
402m
USD
Based on the financial report for Dec 31, 2024, Xcel Energy Inc's Tax Provision amounts to 402m USD.
What is Xcel Energy Inc's Tax Provision growth rate?
Tax Provision CAGR 3Y
79%
Over the last year, the Tax Provision growth was 175%. The average annual Tax Provision growth rates for Xcel Energy Inc have been 79% over the past three years .