HighGravityDataXcel Energy — Apr 30, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000072903-26-000070
Showing in the filing
Dividend payout ratio
“45% to 55%”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 13
Ongoing earnings per share for FY2026
“$4.04 to $4.16”
Weather-normalized retail electric sales for FY2026
“~3%”
Weather-normalized retail firm natural gas s… for FY2026
“~1%”
Capital rider revenue for FY2026
“$505 million to $515 million”
O&M expenses for FY2026
“~3%”
Depreciation expense for FY2026
“approximately $330 million to $340 million”
Property taxes for FY2026
“$30 million to $40 million”
Interest expense (net of AFUDC - debt) for FY2026
“$270 million to $280 million, net of interest income”
AFUDC - equity for FY2026
“$130 million to $140 million”
Annual dividend increases for FY2026
“4% to 6%”
Annual dividend increases for the long term
“4% to 6%”
Dividend payout ratio
“45% to 55%”
Dividend payout ratio target for the long term
“45% to 55%”
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 $3.80 per share. • Deliver annual dividend increases of 4% to 6%. • Target a dividend payout ratio of 45% to 55%. • Maintain senior secured debt credit ratings in the “A” range. 15 XCEL ENERGY INC. AND SUBSIDIARIES EARNINGS RELEASE SUMMARY (UNAUDITED) (amounts in millions, except per share data) Three Months Ended March 31 2026 2025 Operating revenues: Electric and natural gas $ 4,006 $ 3,890 Other 15 16 Total operating revenues 4,021 3,906 Net income $ 556 $ 483 Weighted average diluted common shares outstanding 626 577 Components of EPS — Diluted Regulated utility $ 0.97 $ 0.95 Xcel Energy Inc. and other costs (0.08) (0.11) GAAP diluted EPS (a) $ 0.89 $ 0.84 Prairie Island outage refunds (See Note 6) 0.04 — Marshall Wildfire settlement (See Note 6) (0.03) — Ongoing diluted EPS (a) $ 0.91 $ 0.84 Book value per share $ 38.01 $ 34.34 Cash dividends declared per common share 0.5925 0.57 (a) Amounts may not add due to rounding. 16
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.