HighGravityDataCurrent guidance
134 items
Xcel Energy
Guidance from Xcel Energy’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Releases tracked
8
Latest release
Jul 30, 2026
Data checked
Jul 30, 2026
What changed in the Jul 30, 2026 release
Each item compared with the same item in the previous release (Apr 30, 2026). Values in quotation marks are the company’s words.
New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Lowered | Capital rider revenue | for FY2026 | “$505 million to $515 million” | “$480 million to $490 million” | Filing ↗ |
| Raised | AFUDC - equity | for FY2026 | “$130 million to $140 million” | “$150 million to $160 million” | Filing ↗ |
| Lowered | Depreciation expense | for FY2026 | “approximately $330 million to $340 million” | “approximately $140 million to $150 million” | Filing ↗ |
| Lowered | Interest expense (net of AFUDC - debt) | for FY2026 | “$270 million to $280 million, net of interest income” | “$240 million to $250 million, net of interest income” | Filing ↗ |
| Reiterated | Ongoing earnings per share | for FY2026 | “$4.04 to $4.16” | “$4.04 to $4.16” | Filing ↗ |
| Reiterated | O&M expenses | for FY2026 | “~3%” | “~3%” | Filing ↗ |
| Reiterated | Property taxes | for FY2026 | “$30 million to $40 million” | “$30 million to $40 million” | Filing ↗ |
| Reiterated | Weather-normalized retail electric sales | for FY2026 | “~3%” | “~3%” | Filing ↗ |
| Reiterated | Weather-normalized retail firm natural gas sales | for FY2026 | “~1%” | “~1%” | Filing ↗ |
Show 97 items not restated in this release
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Not restated | PSCo base sales forecast (compound annual growth) | for FY2031 | “7% compound annual sales growth” | — | Filing ↗ |
| Not restated | PSCo low sales forecast (compound annual growth) | for FY2031 | “3% compound annual sales growth” | — | Filing ↗ |
| Not restated | Capital rider revenue increase | for FY2026 | “$535 million to $545 million” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric distribution (By Function) | for FY2030 | “2,930” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric generation (By Function) | for FY2030 | “590” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric transmission (By Function) | for FY2030 | “$ 3,370” | — | Filing ↗ |
| Not restated | Base capital expenditures - Natural gas (By Function) | for FY2030 | “680” | — | Filing ↗ |
| Not restated | Base capital expenditures - NSP-Minnesota (By Regulated Utility) | for FY2030 | “$ 3,650” | — | Filing ↗ |
| Not restated | Base capital expenditures - Other (By Function) | for FY2030 | “630” | — | Filing ↗ |
| Not restated | Base capital expenditures - PSCo (By Regulated Utility) | for FY2030 | “2,960” | — | Filing ↗ |
| Not restated | Base capital expenditures - Renewables (By Function) | for FY2030 | “1,210” | — | Filing ↗ |
| Not restated | Base capital expenditures - SPS (By Regulated Utility) | for FY2030 | “2,270” | — | Filing ↗ |
| Not restated | Electric distribution base capital expenditures | for FY2030 | “$2,930” | — | Filing ↗ |
| Not restated | Electric transmission base capital expenditures | for FY2030 | “$3,370” | — | Filing ↗ |
| Not restated | NSP-Minnesota base capital expenditures | for FY2030 | “$3,650” | — | Filing ↗ |
| Not restated | Total base capital expenditures | for FY2030 | “$9,410” | — | Filing ↗ |
| Not restated | Total base capital expenditures (By Regulated Utility) | for FY2030 | “$ 9,410” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric distribution (By Function) | for FY2029 | “1,680” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric generation (By Function) | for FY2029 | “1,810” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric transmission (By Function) | for FY2029 | “$ 3,190” | — | Filing ↗ |
| Not restated | Base capital expenditures - Natural gas (By Function) | for FY2029 | “650” | — | Filing ↗ |
| Not restated | Base capital expenditures - NSP-Minnesota | for FY2029 | “$2,570” | — | Filing ↗ |
| Not restated | Base capital expenditures - NSP-Minnesota (By Regulated Utility) | for FY2029 | “$ 3,660” | — | Filing ↗ |
| Not restated | Base capital expenditures - NSP-Wisconsin (By Regulated Utility) | for FY2029 | “570” | — | Filing ↗ |
| Not restated | Base capital expenditures - Other (By Function) | for FY2029 | “540” | — | Filing ↗ |
| Not restated | Base capital expenditures - Other (By Regulated Utility) | for FY2029 | “(210)” | — | Filing ↗ |
| Not restated | Base capital expenditures - PSCo | for FY2029 | “$3,550” | — | Filing ↗ |
| Not restated | Base capital expenditures - PSCo (By Regulated Utility) | for FY2029 | “1,760” | — | Filing ↗ |
| Not restated | Base capital expenditures - Renewables (By Function) | for FY2029 | “1,150” | — | Filing ↗ |
| Not restated | Base capital expenditures - SPS (By Regulated Utility) | for FY2029 | “3,240” | — | Filing ↗ |
| Not restated | Base capital expenditures by function - Electric distribution | for FY2029 | “$3,540” | — | Filing ↗ |
| Not restated | Electric transmission base capital expenditures | for FY2029 | “$3,190” | — | Filing ↗ |
| Not restated | NSP-Minnesota base capital expenditures | for FY2029 | “$3,660” | — | Filing ↗ |
| Not restated | Total base capital expenditures | for FY2029 | “$9,020” | — | Filing ↗ |
| Not restated | Total base capital expenditures (By Regulated Utility) | for FY2029 | “$ 9,020” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric distribution (By Function) | for FY2028 | “2,930” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric generation (By Function) | for FY2028 | “2,500” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric transmission (By Function) | for FY2028 | “$ 2,890” | — | Filing ↗ |
| Not restated | Base capital expenditures - NSP-Minnesota (By Regulated Utility) | for FY2028 | “$ 4,210” | — | Filing ↗ |
| Not restated | Base capital expenditures - NSP-Wisconsin (By Regulated Utility) | for FY2028 | “760” | — | Filing ↗ |
| Not restated | Base capital expenditures - Other (By Regulated Utility) | for FY2028 | “(630)” | — | Filing ↗ |
| Not restated | Base capital expenditures - PSCo | for FY2028 | “$3,780” | — | Filing ↗ |
| Not restated | Base capital expenditures - PSCo (By Regulated Utility) | for FY2028 | “2,960” | — | Filing ↗ |
| Not restated | Base capital expenditures - Renewables (By Function) | for FY2028 | “3,380” | — | Filing ↗ |
| Not restated | Base capital expenditures - SPS (By Regulated Utility) | for FY2028 | “5,350” | — | Filing ↗ |
| Not restated | Base capital expenditures by function - Electric distribution | for FY2028 | “$3,320” | — | Filing ↗ |
| Not restated | Electric distribution base capital expenditures | for FY2028 | “$2,930” | — | Filing ↗ |
| Not restated | Electric transmission base capital expenditures | for FY2028 | “$2,890” | — | Filing ↗ |
| Not restated | NSP-Minnesota base capital expenditures | for FY2028 | “$4,210” | — | Filing ↗ |
| Not restated | Total base capital expenditures | for FY2028 | “$12,650” | — | Filing ↗ |
| Not restated | Total base capital expenditures (By Regulated Utility) | for FY2028 | “$ 12,650” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric distribution (By Function) | for FY2027 | “3,250” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric generation (By Function) | for FY2027 | “2,420” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric transmission (By Function) | for FY2027 | “$ 2,930” | — | Filing ↗ |
| Not restated | Base capital expenditures - Natural gas (By Function) | for FY2027 | “830” | — | Filing ↗ |
| Not restated | Base capital expenditures - NSP-Minnesota (By Regulated Utility) | for FY2027 | “$ 4,870” | — | Filing ↗ |
| Not restated | Base capital expenditures - NSP-Wisconsin (By Regulated Utility) | for FY2027 | “1,210” | — | Filing ↗ |
| Not restated | Base capital expenditures - Other (By Function) | for FY2027 | “1,080” | — | Filing ↗ |
| Not restated | Base capital expenditures - PSCo | for FY2027 | “$3,940” | — | Filing ↗ |
| Not restated | Base capital expenditures - PSCo (By Regulated Utility) | for FY2027 | “3,940” | — | Filing ↗ |
| Not restated | Base capital expenditures - Renewables (By Function) | for FY2027 | “4,620” | — | Filing ↗ |
| Not restated | Base capital expenditures - SPS (By Regulated Utility) | for FY2027 | “5,120” | — | Filing ↗ |
| Not restated | Base capital expenditures by function - Electric distribution | for FY2027 | “$3,400” | — | Filing ↗ |
| Not restated | Base capital expenditures by function - Renewables | for FY2027 | “$260” | — | Filing ↗ |
| Not restated | Electric transmission base capital expenditures | for FY2027 | “$2,930” | — | Filing ↗ |
| Not restated | NSP-Minnesota base capital expenditures | for FY2027 | “$4,870” | — | Filing ↗ |
| Not restated | Total base capital expenditures | for FY2027 | “$15,130” | — | Filing ↗ |
| Not restated | Total base capital expenditures (By Regulated Utility) | for FY2027 | “$ 15,130” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric distribution (By Function) | for FY2026 | “13,710” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric generation (By Function) | for FY2026 | “2,220” | — | Filing ↗ |
| Not restated | Base capital expenditures - Electric transmission (By Function) | for FY2026 | “$ 15,440” | — | Filing ↗ |
| Not restated | Base capital expenditures - Natural gas (By Function) | for FY2026 | “3,720” | — | Filing ↗ |
| Not restated | Base capital expenditures - NSP-Minnesota (By Regulated Utility) | for FY2026 | “$ 20,130” | — | Filing ↗ |
| Not restated | Base capital expenditures - NSP-Wisconsin (By Regulated Utility) | for FY2026 | “4,030” | — | Filing ↗ |
| Not restated | Base capital expenditures - Other (By Regulated Utility) | for FY2026 | “(790)” | — | Filing ↗ |
| Not restated | Base capital expenditures - PSCo | for FY2026 | “$5,190” | — | Filing ↗ |
| Not restated | Base capital expenditures - PSCo (By Regulated Utility) | for FY2026 | “17,600” | — | Filing ↗ |
| Not restated | Base capital expenditures - Renewables (By Function) | for FY2026 | “13,920” | — | Filing ↗ |
| Not restated | Base capital expenditures - SPS (By Regulated Utility) | for FY2026 | “19,030” | — | Filing ↗ |
| Not restated | Cash from operations (financing capital expenditures) | for FY2026 | “$30,180” | — | Filing ↗ |
| Not restated | Electric transmission base capital expenditures | for FY2026 | “$15,440” | — | Filing ↗ |
| Not restated | Financing plan - Cash from operations | for FY2026 | “$ 30,180” | — | Filing ↗ |
| Not restated | Financing plan - Equity issuances | for FY2026 | “7,000” | — | Filing ↗ |
| Not restated | Financing plan - Maturing debt | for FY2026 | “$ 3,580” | — | Filing ↗ |
| Not restated | Financing plan - New debt | for FY2026 | “22,820” | — | Filing ↗ |
| Not restated | Interest expense (net of AFUDC - debt) increase | for FY2026 | “$300 million to $310 million, net of interest income” | — | Filing ↗ |
| Not restated | Interest expense (net of AFUDC - debt), net of interest income | for FY2026 | “$290 million to $300 million” | — | Filing ↗ |
| Not restated | Maturing debt | for FY2026 | “$3,580” | — | Filing ↗ |
| Not restated | NSP-Minnesota base capital expenditures | for FY2026 | “$20,130” | — | Filing ↗ |
| Not restated | O&M expenses increase | for FY2026 | “~3%” | — | Filing ↗ |
| Not restated | Planned Financing Activities - PSCo First Mortgage Bonds | for FY2026 | “2,400” | — | Filing ↗ |
| Not restated | Total base capital expenditures | for FY2026 | “$13,790” | — | Filing ↗ |
| Not restated | Total base capital expenditures (By Regulated Utility) | for FY2026 | “$ 13,790” | — | Filing ↗ |
| Not restated | Weather-normalized retail electric sales growth | for FY2026 | “~3%” | — | Filing ↗ |
| Not restated | Senior secured debt credit rating objective | for the long term | “Maintain senior secured debt credit ratings in the A range” | — | Filing ↗ |
| Not restated | Senior secured debt credit ratings | for the long term | “in the A range” | — | Filing ↗ |
| Not restated | Senior secured debt credit ratings target | for the long term | “A range” | — | Filing ↗ |
Current guidance
Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.
Current fiscal year
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Capital rider revenue | “$480 million to $490 million” | for FY2026 | GAAP-tied | Oct 30, 2025 | 3 | Filing ↗ |
| Capital rider revenue increase | “$535 million to $545 million” | for FY2026 | GAAP-tied | Feb 5, 2026 | 1 | Filing ↗ |
| Ongoing earnings per share | “$4.04 to $4.16” | for FY2026 | GAAP-tied | Oct 30, 2025 | 4 | Filing ↗ |
| AFUDC - equity | “$150 million to $160 million” | for FY2026 | Company-defined | Oct 30, 2025 | 3 | Filing ↗ |
| AFUDC - equity increase | “$140 million to $150 million” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Annual dividend increases | “4% to 6%” | for FY2026 | Declared action | Apr 30, 2026 | 2 | Filing ↗ |
| Base capital expenditures - Electric distribution (By Function) | “13,710” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric generation (By Function) | “2,220” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric transmission (By Function) | “$ 15,440” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Natural gas (By Function) | “3,720” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - NSP-Minnesota (By Regulated Utility) | “$ 20,130” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - NSP-Wisconsin (By Regulated Utility) | “4,030” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Other (By Function) | “1,170” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Other (By Regulated Utility) | “(790)” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - PSCo | “$5,190” | for FY2026 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Base capital expenditures - PSCo (By Regulated Utility) | “17,600” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Renewables (By Function) | “13,920” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - SPS (By Regulated Utility) | “19,030” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures by function - Electric distribution | “$3,000” | for FY2026 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Capital investment funding mix (equity/debt) | “approximately 40% equity and 60% debt” | for FY2026 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| Cash from operations (financing capital expenditures) | “$30,180” | for FY2026 | GAAP-tied | Oct 30, 2025 | 1 | Filing ↗ |
| Depreciation expense | “approximately $140 million to $150 million” | for FY2026 | Company-defined | Oct 30, 2025 | 3 | Filing ↗ |
| Depreciation expense increase | “approximately $350 million to $360 million” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Electric transmission base capital expenditures | “$15,440” | for FY2026 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| Financing plan - Cash from operations | “$ 30,180” | for FY2026 | GAAP-tied | Feb 5, 2026 | 1 | Filing ↗ |
| Financing plan - Equity issuances | “7,000” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Financing plan - Maturing debt | “$ 3,580” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Financing plan - New debt | “22,820” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Funding mix for additional capital investment | “approximately 40% equity and 60% debt” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Incremental equity issuance plan | “Xcel Energy plans to issue incremental equity throughout 2026 through its at-the market program or other offerings” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Interest expense (net of AFUDC - debt) | “$240 million to $250 million, net of interest income” | for FY2026 | GAAP-tied | Apr 30, 2026 | 2 | Filing ↗ |
| Interest expense (net of AFUDC - debt) increase | “$300 million to $310 million, net of interest income” | for FY2026 | GAAP-tied | Feb 5, 2026 | 1 | Filing ↗ |
| Interest expense (net of AFUDC - debt), net of interest income | “$290 million to $300 million” | for FY2026 | GAAP-tied | Oct 30, 2025 | 1 | Filing ↗ |
| Maturing debt | “$3,580” | for FY2026 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| NSP-Minnesota base capital expenditures | “$20,130” | for FY2026 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| O&M expenses | “~3%” | for FY2026 | Company-defined | Oct 30, 2025 | 3 | Filing ↗ |
| O&M expenses increase | “~3%” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Other base capital expenditures (by regulated utility) | “$110” | for FY2026 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| Planned Financing Activities - NSP-Minnesota First Mortgage Bonds | “1,000” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Planned Financing Activities - NSP-Wisconsin First Mortgage Bonds | “250” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Planned Financing Activities - PSCo First Mortgage Bonds | “2,400” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Planned Financing Activities - Xcel Energy Inc. Senior Unsecured Notes | “$ 1,000” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Property taxes | “$30 million to $40 million” | for FY2026 | Company-defined | Oct 30, 2025 | 3 | Filing ↗ |
| Property taxes increase | “$30 million to $40 million” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Total base capital expenditures | “$13,790” | for FY2026 | Company-defined | Oct 31, 2024 | 3 | Filing ↗ |
| Total base capital expenditures (By Regulated Utility) | “$ 13,790” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Weather-normalized retail electric sales | “~3%” | for FY2026 | Company-defined | Oct 30, 2025 | 3 | Filing ↗ |
| Weather-normalized retail electric sales growth | “~3%” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Weather-normalized retail firm natural gas sales | “~1%” | for FY2026 | Company-defined | Oct 30, 2025 | 3 | Filing ↗ |
| Weather-normalized retail firm natural gas sales growth | “~1%” | for FY2026 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
Next year and medium term
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| PSCo base sales forecast (compound annual growth) | “7% compound annual sales growth” | for FY2031 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| PSCo forecasted new generation capacity need | “5-14 GW” | for FY2031 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| PSCo low sales forecast (compound annual growth) | “3% compound annual sales growth” | for FY2031 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Base capital expenditures - Electric distribution (By Function) | “2,930” | for FY2030 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric generation (By Function) | “590” | for FY2030 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric transmission (By Function) | “$ 3,370” | for FY2030 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Natural gas (By Function) | “680” | for FY2030 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - NSP-Minnesota (By Regulated Utility) | “$ 3,650” | for FY2030 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - NSP-Wisconsin (By Regulated Utility) | “580” | for FY2030 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Other (By Function) | “630” | for FY2030 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Other (By Regulated Utility) | “(50)” | for FY2030 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - PSCo (By Regulated Utility) | “2,960” | for FY2030 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Renewables (By Function) | “1,210” | for FY2030 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - SPS (By Regulated Utility) | “2,270” | for FY2030 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Electric distribution base capital expenditures | “$2,930” | for FY2030 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| Electric transmission base capital expenditures | “$3,370” | for FY2030 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| NSP-Minnesota base capital expenditures | “$3,650” | for FY2030 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| NSP-Minnesota planned resource additions (wind/solar/storage) | “3,200 MW of wind, 400 MW of solar and 600 MW of stand-alone storage” | for FY2030 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| SPS projected resource needs (IRP) | “approximately 5,300 MW to 10,200 MW” | for FY2030 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| SPS RFP accredited generation capacity sought | “approximately 3,200 MW” | for FY2030 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Total base capital expenditures | “$9,410” | for FY2030 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| Total base capital expenditures (By Regulated Utility) | “$ 9,410” | for FY2030 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric distribution (By Function) | “1,680” | for FY2029 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric generation (By Function) | “1,810” | for FY2029 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric transmission (By Function) | “$ 3,190” | for FY2029 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Natural gas (By Function) | “650” | for FY2029 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - NSP-Minnesota | “$2,570” | for FY2029 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Base capital expenditures - NSP-Minnesota (By Regulated Utility) | “$ 3,660” | for FY2029 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - NSP-Wisconsin (By Regulated Utility) | “570” | for FY2029 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Other | “$10” | for FY2029 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Base capital expenditures - Other (By Function) | “540” | for FY2029 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Other (By Regulated Utility) | “(210)” | for FY2029 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - PSCo | “$3,550” | for FY2029 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Base capital expenditures - PSCo (By Regulated Utility) | “1,760” | for FY2029 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Renewables (By Function) | “1,150” | for FY2029 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - SPS (By Regulated Utility) | “3,240” | for FY2029 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures by function - Electric distribution | “$3,540” | for FY2029 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Electric transmission base capital expenditures | “$3,190” | for FY2029 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| NSP-Minnesota base capital expenditures | “$3,660” | for FY2029 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| Total base capital expenditures | “$9,020” | for FY2029 | Company-defined | Oct 31, 2024 | 3 | Filing ↗ |
| Total base capital expenditures (By Regulated Utility) | “$ 9,020” | for FY2029 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric distribution (By Function) | “2,930” | for FY2028 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric generation (By Function) | “2,500” | for FY2028 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric transmission (By Function) | “$ 2,890” | for FY2028 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Natural gas (By Function) | “700” | for FY2028 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - NSP-Minnesota (By Regulated Utility) | “$ 4,210” | for FY2028 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - NSP-Wisconsin (By Regulated Utility) | “760” | for FY2028 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Other | “$10” | for FY2028 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Base capital expenditures - Other (By Function) | “250” | for FY2028 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Other (By Regulated Utility) | “(630)” | for FY2028 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - PSCo | “$3,780” | for FY2028 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Base capital expenditures - PSCo (By Regulated Utility) | “2,960” | for FY2028 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Renewables (By Function) | “3,380” | for FY2028 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - SPS (By Regulated Utility) | “5,350” | for FY2028 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures by function - Electric distribution | “$3,320” | for FY2028 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Electric distribution base capital expenditures | “$2,930” | for FY2028 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| Electric transmission base capital expenditures | “$2,890” | for FY2028 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| NSP-Minnesota base capital expenditures | “$4,210” | for FY2028 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| Total base capital expenditures | “$12,650” | for FY2028 | Company-defined | Oct 31, 2024 | 3 | Filing ↗ |
| Total base capital expenditures (By Regulated Utility) | “$ 12,650” | for FY2028 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric distribution (By Function) | “3,250” | for FY2027 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric generation (By Function) | “2,420” | for FY2027 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Electric transmission (By Function) | “$ 2,930” | for FY2027 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Natural gas (By Function) | “830” | for FY2027 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - NSP-Minnesota (By Regulated Utility) | “$ 4,870” | for FY2027 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - NSP-Wisconsin (By Regulated Utility) | “1,210” | for FY2027 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Other | “$10” | for FY2027 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Base capital expenditures - Other (By Function) | “1,080” | for FY2027 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Other (By Regulated Utility) | “(10)” | for FY2027 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - PSCo | “$3,940” | for FY2027 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Base capital expenditures - PSCo (By Regulated Utility) | “3,940” | for FY2027 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - Renewables (By Function) | “4,620” | for FY2027 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures - SPS (By Regulated Utility) | “5,120” | for FY2027 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Base capital expenditures by function - Electric distribution | “$3,400” | for FY2027 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Base capital expenditures by function - Renewables | “$260” | for FY2027 | Company-defined | Feb 6, 2025 | 1 | Filing ↗ |
| Electric transmission base capital expenditures | “$2,930” | for FY2027 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| NSP-Minnesota base capital expenditures | “$4,870” | for FY2027 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| Total base capital expenditures | “$15,130” | for FY2027 | Company-defined | Oct 31, 2024 | 3 | Filing ↗ |
| Total base capital expenditures (By Regulated Utility) | “$ 15,130” | for FY2027 | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
Long term
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Long-term annual EPS growth | “6% to 8% based off of $3.55 per share (the mid-point of 2024 original ongoing earnings guidance of $3.50 to $3.60 per share)” | for the long term | GAAP-tied | Oct 31, 2024 | 3 | Filing ↗ |
| Long-term annual EPS growth objective | “6% to 8% based off of $3.55 per share (the mid-point of 2024 original ongoing earnings guidance of $3.50 to $3.60 per share)” | for the long term | GAAP-tied | Feb 6, 2025 | 1 | Filing ↗ |
| Annual dividend increase objective | “4% to 6%” | for the long term | Declared action | Feb 5, 2026 | 1 | Filing ↗ |
| Annual dividend increases | “4% to 6%” | for the long term | Declared action | Apr 24, 2025 | 4 | Filing ↗ |
| Annual dividend increases objective | “4% to 6%” | for the long term | Declared action | Feb 6, 2025 | 2 | Filing ↗ |
| Dividend payout ratio target | “45% to 55%” | for the long term | Declared action | Oct 31, 2024 | 8 | Filing ↗ |
| Funding mix for additional capital investment | “approximately 40% equity and 60% debt” | for the long term | Company-defined | Oct 31, 2024 | 2 | Filing ↗ |
| Long-term annual growth objectives dividend growth | “4 to 6%” | for the long term | Declared action | Oct 31, 2024 | 1 | Filing ↗ |
| Senior secured debt credit rating objective | “Maintain senior secured debt credit ratings in the A range” | for the long term | Company-defined | Feb 5, 2026 | 1 | Filing ↗ |
| Senior secured debt credit ratings | “in the A range” | for the long term | Company-defined | Apr 24, 2025 | 2 | Filing ↗ |
| Senior secured debt credit ratings target | “A range” | for the long term | Company-defined | Oct 31, 2024 | 3 | Filing ↗ |
No period stated
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Dividend payout ratio | “45% to 55%” | — | Declared action | Apr 24, 2025 | 6 | Filing ↗ |
How one item moved
Capital rider revenue, for FY2026 — every statement across the year, each linked to its filing.
How your Electric & water utilities sector group guides
12 companies in Electric & water utilities. What they guide on, and who reported this season.
Most-guided metric families
This season’s releases
| American States Water | Aug 5, 2026 | 3 changes |
| Atmos Energy | Aug 5, 2026 | 1 change |
| Duke Energy | Aug 4, 2026 | 1 change |
| Essential Utilities | Aug 4, 2026 | 1 change |
| Dominion Energy | Jul 31, 2026 | 0 changes |
| American Electric Power | Jul 30, 2026 | 7 changes |
| Edison International | Jul 30, 2026 | 47 changes |
| Exelon | Jul 30, 2026 | 3 changes |
Get this for your own peer set — Peer Guidance Briefing, $3,000.
Full history
Every metric, every release, eight quarters — the complete record as one table.
| Metric | FY2031 | FY2030 | FY2029 | FY2028 | FY2027 | FY2026 | FY2025 | FY2024 | Long-term | No period |
|---|---|---|---|---|---|---|---|---|---|---|
| Capital rider revenue | — | — | — | — | — | 4 statements | 4 statements | — | — | 2 statements |
| Capital rider revenue increase assumption | — | — | — | — | — | — | 1 statement | 1 statement | — | — |
| Long-term annual EPS growth | — | — | — | — | — | — | — | — | 4 statements | — |
| Ongoing earnings (EPS) | — | — | — | — | — | — | 1 statement | — | — | — |
| Ongoing earnings per share | — | — | — | — | — | 4 statements | 3 statements | — | — | — |
The full record for Xcel Energy and its Electric & water utilities peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.
Filings
The 8 earnings releases this page is built from.
| Filed | Fiscal period | Accession | Guidance items | |
|---|---|---|---|---|
| Jul 30, 2026 | FY2026 Q2 | 0000072903-26-000149 | 13 | Open filing ↗ |
| Apr 30, 2026 | FY2026 Q1 | 0000072903-26-000070 | 13 | Open filing ↗ |
| Feb 5, 2026 | FY2025 Q4 | 0000072903-26-000006 | 85 | Open filing ↗ |
| Oct 30, 2025 | FY2025 Q3 | 0000072903-25-000254 | 44 | Open filing ↗ |
| Jul 31, 2025 | FY2025 Q2 | 0000072903-25-000221 | 16 | Open filing ↗ |
| Apr 24, 2025 | FY2025 Q1 | 0000072903-25-000084 | 17 | Open filing ↗ |
| Feb 6, 2025 | FY2024 Q4 | 0000072903-25-000023 | 51 | Open filing ↗ |
| Oct 31, 2024 | FY2024 Q3 | 0000072903-24-000196 | 40 | Open filing ↗ |
Not located in filing
117 values were detected in these releases but could not be matched to an exact sentence in the filing body, so they are not shown as guidance. We surface the count rather than drop it silently.
Show the 117 unmatched spans
| Span | Why | Filed |
|---|---|---|
| SPS base capital expenditures = $3,050 | span gate: value not verbatim in filing | Oct 30, 2025 |
| SPS base capital expenditures = $5,120 | span gate: value not verbatim in filing | Oct 30, 2025 |
| SPS base capital expenditures = $5,350 | span gate: value not verbatim in filing | Oct 30, 2025 |
| SPS base capital expenditures = $3,240 | span gate: value not verbatim in filing | Oct 30, 2025 |
| SPS base capital expenditures = $2,270 | span gate: value not verbatim in filing | Oct 30, 2025 |
| SPS base capital expenditures = $19,030 | span gate: value not verbatim in filing | Oct 30, 2025 |
| PSCo base capital expenditures = $5,980 | span gate: value not verbatim in filing | Oct 30, 2025 |
| PSCo base capital expenditures = $3,940 | span gate: value not verbatim in filing | Oct 30, 2025 |
| PSCo base capital expenditures = $2,960 | span gate: value not verbatim in filing | Oct 30, 2025 |
| PSCo base capital expenditures = $1,760 | span gate: value not verbatim in filing | Oct 30, 2025 |
| PSCo base capital expenditures = $2,960 | span gate: value not verbatim in filing | Oct 30, 2025 |
| PSCo base capital expenditures = $17,600 | span gate: value not verbatim in filing | Oct 30, 2025 |
| NSP-Wisconsin base capital expenditures = $910 | span gate: value not verbatim in filing | Oct 30, 2025 |
| NSP-Wisconsin base capital expenditures = $1,210 | span gate: value not verbatim in filing | Oct 30, 2025 |
| NSP-Wisconsin base capital expenditures = $760 | span gate: value not verbatim in filing | Oct 30, 2025 |
| NSP-Wisconsin base capital expenditures = $570 | span gate: value not verbatim in filing | Oct 30, 2025 |
| NSP-Wisconsin base capital expenditures = $580 | span gate: value not verbatim in filing | Oct 30, 2025 |
| NSP-Wisconsin base capital expenditures = $4,030 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Other base capital expenditures (by regulated utility) = $(10) | span gate: value not verbatim in filing | Oct 30, 2025 |
| Other base capital expenditures (by regulated utility) = $(630) | span gate: value not verbatim in filing | Oct 30, 2025 |
| Other base capital expenditures (by regulated utility) = $(210) | span gate: value not verbatim in filing | Oct 30, 2025 |
| Other base capital expenditures (by regulated utility) = $(50) | span gate: value not verbatim in filing | Oct 30, 2025 |
| Other base capital expenditures (by regulated utility) = $(790) | span gate: value not verbatim in filing | Oct 30, 2025 |
| Renewables base capital expenditures = $3,560 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Renewables base capital expenditures = $4,620 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Renewables base capital expenditures = $3,380 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Renewables base capital expenditures = $1,150 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Renewables base capital expenditures = $1,210 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Renewables base capital expenditures = $13,920 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Electric distribution base capital expenditures = $2,920 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Electric distribution base capital expenditures = $3,250 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Electric distribution base capital expenditures = $1,680 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Electric distribution base capital expenditures = $13,710 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Electric generation base capital expenditures = $2,220 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Electric generation base capital expenditures = $2,420 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Electric generation base capital expenditures = $2,500 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Electric generation base capital expenditures = $1,810 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Electric generation base capital expenditures = $590 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Electric generation base capital expenditures = $9,540 | span gate: value not verbatim in filing | Oct 30, 2025 |
| Natural gas base capital expenditures = $860 | span gate: value not verbatim in filing | Oct 30, 2025 |
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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