Xcel Energy number of employees

Xcel Energy reported 11,380 employees at December 31, 2024 in its latest annual report. Revenue per employee was $1.2m.

Headcount by year

Fiscal year end	Employees	Change	Revenue per employee	Source
December 31, 2024	11,380	—	$1.2m	10-K, filed February 27, 2025

What the annual reports say

Xcel Energy had 11,380 full-time employees and workforce demographics as of December 2024 were as follows: Female Ethnically Diverse Board of Directors 31 % 15 % CE 2024 annual report

Headcount as the company states it in Item 1 of its annual report (some count full-time equivalents or exclude part-time and temporary staff), at the date it gives. Years where the report states no clear total are left out rather than estimated. Changes can reflect acquisitions and disposals as well as hiring and job cuts.

Compare with peers

Head to head: SRE vs XEL ED vs XEL D vs XEL

More: Multi-Utilities stocks compared, Utilities sector, rankings of US companies

Figures from Xcel Energy's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Xcel Energy.