XCEL ENERGY INC

XEL

Quality scores

Data as of Sep 5, 2026

3 / 9

Weak

3/9 — WEAK fundamentals (a sign of low quality).

PassROA > 0 — ROA last year = 2.48 %
FailFCF > 0 — FCF last year = -6,825.00 mill.
FailFCF > net income (accrual quality) — FCF -6,825.00 vs. net income 2,018.00 (mill.)
FailRising ROA — ROA 2.48 % vs. prior year 2.76 %

FailLower long-term leverage — long-term debt/assets 0.39 vs. prior 0.39
PassRising current ratio (more liquidity) — Current ratio 0.71 vs. prior 0.67
FailNo dilution (shares do not grow) — Shares 623.60 mill. vs. prior 574.37 mill.

Z-Score (original)

0.91

Distress zone

Z''-Score (non-manufacturing)

4.09

Safe zone

Ratio	Value
X1 — Working capital / Total assets	-0.03
X2 — Retained earnings / Total assets	0.11
X3 — EBIT / Total assets	0.03
X4 — Market cap / Total liabilities	0.82
X4 — Book equity / Total liabilities	0.41
X5 — Sales / Total assets	0.18