NEE vs XEL

NextEra Energy (NEE) and Xcel Energy (XEL) compared side by side. NextEra Energy (NEE) is larger, with a market cap of $172.2B versus $48.8B for Xcel Energy, about 3.5 times the size. On trailing earnings, NEE is cheaper at 14.8x versus 21.4x for XEL.

Head to head

MetricNEEXEL
Market cap$172.2B$48.8B
P/E (TTM)14.8x21.4x
Forward P/E18.8x17.2x
Revenue (TTM)$28.8B$14.6B
Revenue growth1.6%-5.1%
Gross margin60.2%46.8%
Operating margin33.0%22.7%
Free cash flow$3.0B-$7.7B
Dividend yield3.03%3.04%
1-year return+1.5%+0.1%
5-year return (annual)+2.2%+6.9%
Max drawdown-65%-81%
FI Handbook gradeC+C-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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NEEXEL

NEE vs XEL FAQ

Which is bigger, NEE or XEL?

NextEra Energy (NEE) is larger, with a market cap of $172.2B versus $48.8B for Xcel Energy, about 3.5 times the size.

Is NEE or XEL cheaper?

On trailing earnings, NEE is cheaper at 14.8x versus 21.4x for XEL. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, NEE or XEL?

NEE returned +1.5% over the past year including dividends, versus +0.1% for XEL, through October 23, 2026.

Which pays a higher dividend, NEE or XEL?

XEL yields 3.04% versus 3.03% for NEE.

Full pages: NextEra Energy · Xcel Energy