HighGravityDataXcel Energy — Apr 24, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000072903-25-000084
Showing in the filing
Ongoing earnings per share
“$3.75 to $3.85”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 17
Ongoing EPS for FY2025
“$3.75 to $3.85”
Ongoing earnings per share for FY2025
“$3.75 to $3.85”
Weather-normalized retail electric sales for FY2025
“~3%”
Weather-normalized retail firm natural gas s… for FY2025
“~1%”
Capital rider revenue (net of PTCs) for FY2025
“$200 million to $210 million”
Capital rider revenue
“$200 million to $210 million (net of PTCs)”
O&M expenses for FY2025
“~3%”
Depreciation expense for FY2025
“approximately $210 million to $220 million”
Property taxes for FY2025
“$45 million to $55 million”
Interest expense (net of AFUDC - debt), net … for FY2025
“$165 million to $175 million”
AFUDC - equity for FY2025
“$110 million to $120 million”
Long-term annual EPS growth for the long term
“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)”
Annual dividend increases for FY2025
“4% to 6%”
Annual dividend increases for the long term
“4% to 6%”
Dividend payout ratio
“50% to 60%”
Dividend payout ratio target for the long term
“50% to 60%”
Senior secured debt credit ratings for the long term
“A range”
Exhibit 99.1 · the passage around this item
… earlier in the release
and PSCo are unable to estimate the amount or range of possible losses in connection with the Marshall Fire. 15 Note 6. Earnings Guidance and Long-Term EPS and Dividend Growth Rate Objectives Xcel Energy 2025 Earnings Guidance — Xcel Energy’s 2025 ongoing earnings guidance is a range of $3.75 to $3.85 per share. (a) Key assumptions as compared with 2024 actual levels unless noted: • Constructive outcomes in all pending rate case and regulatory proceedings, including requests for deferral of incremental insurance costs associated with wildfire risk and recovery of O&M costs associated with wildfire mitigation plans. • Normal weather patterns for the year. • Weather-normalized retail electric sales are projected to increase ~3%. • Weather-normalized retail firm natural gas sales are projected to increase ~1%. • Capital rider revenue is projected to increase $200 million to $210 million (net of PTCs). The update is primarily driven by earnings neutral changes, including PTC updates. • O&M expenses are projected to increase ~3%. • Depreciation expense is projected to increase approximately $210 million to $220 million. • Property taxes are projected to increase $45 million to $55 million. • Interest expense (net of AFUDC - debt) is projected to increase $165 million to $175 million, net of interest income. • AFUDC - equity is projected to increase $110 million to $120 million. (a) Ongoing earnings is calculated using net income and adjusting for certain nonrecurring or infrequent i
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.