Xcel Energy's regulated gas and electric utilities serve customers across eight states and own infrastructure that ranges from nuclear plants to wind farms, making the company a barometer for the entire utilities sector. That barometer is signaling a big commitment to clean energy investment nationwide.
Xcel has raised its dividend every year since 2003, including a 5.7% increase in 2024 to $2.20 per share. We expect similar dividend growth going forward.
Like all utilities, rising interest rates will raise Xcel's borrowing costs and make its dividend less attractive to income investors.
|
Metric
|
XEL
|
LNT
|
WEC
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.93 | 16.93 | 17.37 |
Price/Book Value | 1.68 | 1.79 | 2.16 |
Price/Sales | 2.07 | 2.98 | 2.86 |
Price/Cash Flow | 7.10 | 8.87 | 9.13 |
|
Metric
|
XEL
|
LNT
|
WEC
|
|---|---|---|---|
Quick Ratio | 0.41 | 0.14 | 0.30 |
Current Ratio | 0.72 | 0.55 | 0.55 |
Interest Coverage | 2.62 | 2.79 | 3.11 |
|
Metric
|
XEL
|
LNT
|
WEC
|
|---|---|---|---|
Return on Assets (Normalized) | 2.98% | 3.46% | 3.40% |
Return on Equity (Normalized) | 10.85% | 10.95% | 12.56% |
Return on Invested Capital (Normalized) | 6.04% | 7.05% | 6.97% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
| NextEra Energy Inc | Hxgqmbvzh | Dxxkfsv | $131.1 Bil | |
SO
| Southern Co | Vqlcrncsj | Nkmsxx | $77.2 Bil | |
DUK
| Duke Energy Corp | Zhhfrwl | Spslnx | $74.0 Bil | |
NGG
| National Grid PLC ADR | Bvgnhlmx | Ypd | $46.8 Bil | |
AEP
| American Electric Power Co Inc | Bnvxqnw | Tgvxl | $43.5 Bil | |
PCG
| PG&E Corp | Qbvnfslhc | Cxp | $43.2 Bil | |
D
| Dominion Energy Inc | Pcswqrq | Xjkqcnq | $40.7 Bil | |
EXC
| Exelon Corp | Pczhvxmd | Xdjqjjp | $36.4 Bil | |
PEG
| Public Service Enterprise Group Inc | Kgrtbzsz | Vmvfkl | $32.5 Bil | |
ED
| Consolidated Edison Inc | Zxgqzckj | Cgw | $31.4 Bil |
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