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
AFUDC - equity
“$110 million to $120 million”
Period
FY2025
Measure
Company-defined measure
Source
Prose
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
• Property taxes are projected to increase $45 million to $55 million. • Interest expense (net of AFUDC - debt) is projected to increase $160 million to $170 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 items that are, in management’s view, not reflective of ongoing operations. Ongoing earnings could differ from those prepared in accordance with GAAP for unplanned and/or unknown adjustments. As Xcel Energy is unable to quantify the financial impacts of any additional adjustments that may occur for the year, we are unable to provide a quantitative reconciliation of the guidance for ongoing EPS to corresponding GAAP EPS. 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 millio
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.