HighGravityDataXcel Energy — Jul 31, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000072903-25-000221
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 · 16
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
“increase $255 million to $265 million”
Capital rider revenue
“$255 million to $265 million (net of PTCs)”
O&M expenses for FY2025
“~4%”
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) for FY2025
“$160 million to $170 million, net of interest income”
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
“in the 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 June 30 2025 2024 Operating revenues: Electric and natural gas $ 3,274 $ 3,014 Other 13 14 Total operating revenues 3,287 3,028 Net income $ 444 $ 302 Weighted average diluted common shares outstanding 588 557 Components of EPS — Diluted Regulated utility $ 0.81 $ 0.66 Xcel Energy Inc. and other costs (0.06) (0.12) GAAP and ongoing diluted EPS $ 0.75 $ 0.54 Book value per share $ 35.67 $ 32.24 Cash dividends declared per common share 0.57 0.5475 Six Months Ended June 30 2025 2024 Operating revenues: Electric and natural gas $ 7,164 $ 6,640 Other 29 37 Total operating revenues 7,193 6,677 Net income $ 927 $ 790 Weighted average diluted common shares outstanding 582 556 Components of EPS — Diluted Regulated utility $ 1.76 $ 1.62 Xcel Energy Inc. and other costs (0.17) (0.20) GAAP and ongoing diluted EPS $ 1.59 $ 1.42 Book value per share $ 36.00 $ 32.27 Cash dividends declared per common share 1.14 1.095 17
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.