Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Xcel Energy's Enterprise Value is $88,777 Mil.
Xcel Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $3,266 Mil. Therefore, Xcel Energy's EV-to-EBIT ratio for today is 27.18.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Xcel Energy's Enterprise Value is $88,777 Mil.
Xcel Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $6,379 Mil. Therefore, Xcel Energy's EV-to-EBITDA ratio for today is 13.92.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Xcel Energy's Enterprise Value is $88,777 Mil.
Xcel Energy's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $14,784 Mil. Therefore, Xcel Energy's EV-to-Revenue ratio for today is 6.00.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Xcel Energy's Enterprise Value is $88,777 Mil.
Xcel Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-7,190 Mil. Therefore, Xcel Energy's EV-to-FCF ratio for today is -12.35.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Xcel Energy (NAS:XEL) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Xcel Energy's current Enterprise Value is $88,777 Mil.
Xcel Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,266 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Xcel Energy's current Enterprise Value is $88,777 Mil.
Xcel Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,379 Mil.
Xcel Energy's current Enterprise Value is $88,777 Mil.
Xcel Energy's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $14,784 Mil.
Xcel Energy's current Enterprise Value is $88,777 Mil.
Xcel Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,752 Mil.
Xcel Energy's current Enterprise Value is $88,777 Mil.
Xcel Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7,190 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Xcel Energy Enterprise Value Related Terms
Xcel Energy Enterprise Value Historical Data
* Premium members only.
The historical data trend for Xcel Energy's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Electric subindustry, Xcel Energy's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Xcel Energy Enterprise Value vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Xcel Energy's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Xcel Energy's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Xcel Energy's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Xcel Energy (XEL) has a Enterprise Value of $88,777 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Xcel Energy and its competitors.
Is Xcel Energy's Enterprise Value too high?
Xcel Energy's current Enterprise Value is $88,777 Mil. Overall, Xcel Energy has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xcel Energy's Enterprise Value compare to ETR and EXC?
Xcel Energy's Enterprise Value of $88,777 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Utilities - Regulated company?
A good Enterprise Value depends on the Utilities - Regulated industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Xcel Energy and its competitors. Xcel Energy's current Enterprise Value is $88,777 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xcel Energy stock overvalued right now?
Based on GuruFocus' analysis, Xcel Energy (XEL) is currently considered Modestly Overvalued. The stock's GF Value™ is $67.33, compared to a current price of $82.23 — trading 22.1% above its estimated fair value. The current Enterprise Value is $88,777 Mil. Xcel Energy's overall GF Score™ is 78/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Xcel Energy (XEL), the current Enterprise Value is $88,777 Mil as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Xcel Energy (XEL) Overvalued in 2026?
Based on GuruFocus' analysis, Xcel Energy stock appears to be overvalued.
The current stock price of $82.23 is trading 22.1% above its estimated GF Value™ of $67.33.
GuruFocus considers Xcel Energy to be Modestly Overvalued.
Key valuation signals for XEL:
Enterprise Value: $88,777 Mil
GF Value™: $67.33 vs. price of $82.23 (22.1% above fair value)
No single metric tells the full story. See the XEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xcel Energy manages utilities serving 3.9 million electric customers and 2.2 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy suppliers in the US, with more than half of its electricity sales coming from carbon-free energy.
78GF Score
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