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
Dividend payout ratio target
“50% to 60%”
Period
The long term
Measure
Declared action
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
Long-Term EPS and Dividend Growth Rate Objectives — Xcel Energy expects to deliver an attractive total return to our shareholders through a combination of earnings growth and dividend yield, based on the following long-term objectives: • Deliver long-term annual EPS growth of 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). • Deliver annual dividend increases of 4% to 6%. • Target a dividend payout ratio of 50% to 60%. • Maintain senior secured debt credit ratings in the A range. 16 XCEL ENERGY INC. AND SUBSIDIARIES EARNINGS RELEASE SUMMARY (UNAUDITED) (amounts in millions, except per share data) Three Months Ended March 31 2025 2024 Operating revenues: Electric and natural gas $ 3,890 $ 3,626 Other 16 23 Total operating revenues 3,906 3,649 Net income $ 483 $ 488 Weighted average diluted common shares outstanding 577 556 Components of EPS — Diluted Regulated utility $ 0.95 $ 0.96 Xcel Energy Inc. and other costs (0.11) (0.08) GAAP and ongoing diluted EPS $ 0.84 $ 0.88 Book value per share $ 34.34 $ 32.09 Cash dividends declared per common share 0.57 0.5475 17
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.