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
Ongoing earnings per share
“$3.75 to $3.85”
Period
FY2025
Measure
GAAP-tied
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
.75 in 2025 compared with $0.54 in 2024. • Year-to-date diluted GAAP and ongoing earnings per share were $1.59 in 2025 compared with $1.42 in 2024. • Xcel Energy reaffirms its 2025 ongoing earnings per share guidance of $3.75 to $3.85. MINNEAPOLIS — Xcel Energy Inc. (NASDAQ: XEL) today reported 2025 second quarter GAAP earnings of $444 million, or $0.75 per share, compared with $302 million, or $0.54 per share in the same period in 2024. Second quarter ongoing earnings reflect increased recovery of infrastructure investments, partially offset by higher interest charges, depreciation and O&M expenses. “Xcel Energy continues to deliver on our commitments to our customers, communities and investors.” said Bob Frenzel, chairman, president and CEO of Xcel Energy. “During the second quarter, we made considerable progress on investments needed to serve unprecedented growth in electric demand and to improve resiliency and reliability of our systems. In Texas and New Mexico, we filed our recommended portfolio for nearly 5,200 MW of new generation, of which 4,500 MW will be company owned. We also continue to make progress reducing risk from wildfires and extreme weather on our system, with both the Colorado and Texas commissions approving our settlements for our Wildfire Mitigation and System Resiliency Plans.” At 9:00 a.m. CDT today, Xcel Energy will host a conference call to review financial results. To participate in
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.