How many employees work at Xcel Energy?
Xcel Energy, Inc. (XEL) has approximately 11,550 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Xcel Energy’s total headcount has grown 0.6% from 11,484 employees in 2023 to 11,550 in 2026.
Is Xcel Energy hiring right now?
Yes, Xcel Energy is actively hiring. Xcel Energy had 530 active job postings in 2026, a 21.5% increase from 2025 — see job openings & hiring trends.
About Xcel Energy’s Workforce
Xcel Energy, Inc. (XEL) is an Energy and Resources company that employs 11,550 people worldwide as of March 2026. It is the 6th-largest by headcount among its peers. Founded in 1909, the company is headquartered in Minneapolis, Minnesota and trades on the NASDAQ.
Xcel Energy's workforce has grown 0.6% from 2023 to 2026. It fell to a low of 11,108 in 2024 Q1 before recovering. Its workforce is concentrated most in North America (98.8%), followed by South Asia (0.4%) and Sub-Saharan Africa (0.1%).
Xcel Energy's functional groups are Finance and Operations (46.6%), Engineering (29.9%), and Sales and Marketing (23.5%), with Engineering growing fastest (up 1.1%). The average salary is $108,316, ranging from a median of $106,000 in Western Europe to $6,000 in Sub-Saharan Africa.
Xcel Energy's active job postings rose 21.5% in 2026 to 530, with new postings per month climbing from 259 in 2023 to 452 in 2026. Overall employee sentiment is neutral but improving.
Sourced from Revelio Labs workforce data.
- Ticker
- NASDAQ: XEL
- Headquarters
- Minneapolis, Minnesota
- Founded
- 1909
- Industry
- Energy and Resources
- Employees
- 11,550
- YoY
- -0.0% (+229)
As of March 2026
Xcel Energy workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Xcel Energy. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsXcel Energy Annual Employee Count (2023-2026)
- Xcel Energy had 11,550 employees in 2026, a 0% no change (+229) from 2025.
- Xcel Energy had 11,510 employees in 2025, a 0.1% increase (+260) from 2024.
- Xcel Energy had 11,250 employees in 2024, a 0.2% increase (+133) from 2023.
- Xcel Energy had 11,117 employees in 2023, a 1.4% decline (-362) from 2022.
Xcel Energy's total workforce has grown from 11,484 employees in 2023 to 11,550 in 2026.
Xcel Energy, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 11,550 | +229 | -0.0% |
| 2025 | Q4 | 11,510 | +260 | +0.1% |
| 2025 | Q3 | 11,452 | +279 | +0.3% |
| 2025 | Q2 | 11,439 | +241 | +0.3% |
| 2025 | Q1 | 11,321 | +213 | +0.3% |
| 2024 | Q4 | 11,250 | +133 | +0.2% |
| 2024 | Q3 | 11,173 | -168 | -0.9% |
| 2024 | Q2 | 11,198 | -286 | -1.1% |
| 2024 | Q1 | 11,108 | -471 | -1.6% |
| 2023 | Q4 | 11,117 | -362 | -1.4% |
| 2023 | Q3 | 11,341 | +7 | -0.2% |
| 2023 | Q2 | 11,484 | +285 | +0.4% |
See Xcel Energy's complete headcount history, including quarterly breakdowns.
Get the DataXcel Energy Employee Count by Region (2026)
North America accounts for the largest share of Xcel Energy's global workforce with approximately 99% of total employees, followed by South Asia and Sub-Saharan Africa.
Xcel Energy employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 11,252 | 98.8% |
| South Asia | 41 | 0.4% |
| Sub-Saharan Africa | 15 | 0.1% |
| Northern Europe | 14 | 0.1% |
| Western Europe | 12 | 0.1% |
| Central and Western Asia | 11 | 0.1% |
| North Africa | 9 | 0.1% |
| Southeast Asia | 7 | 0.1% |
| Southern Europe | 6 | 0.1% |
| East Asia | 6 | 0.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataXcel Energy Employee Count by Department (2026)
Xcel Energy's employee groups are Finance and Operations (46.6%), Engineering (29.9%), and Sales and Marketing (23.5%).
Xcel Energy employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 5,330 | 46.6% |
| Engineering | 3,413 | 29.9% |
| Sales and Marketing | 2,685 | 23.5% |
Compare Xcel Energy's department mix to industry peers.
See Full DataXcel Energy Employee Salary by Region (2026)
Xcel Energy's average employee salary is $108,316 globally. Employees in Western Europe receive the highest compensation. Pay is lowest in Sub-Saharan Africa, at a median of $6,000.
Xcel Energy median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Western Europe | $106,000 |
| North America | $103,000 |
| Northern Europe | $71,000 |
| Southern Europe | $61,000 |
| East Asia | $51,000 |
| South America | $39,000 |
| Central and Western Asia | $36,000 |
| Eastern Europe | $33,000 |
| Southeast Asia | $18,000 |
| South Asia | $18,000 |
| North Africa | $9,000 |
| Sub-Saharan Africa | $6,000 |
Unlock salary by role, level, and city — and compare to Xcel Energy's industry peers.
Unlock Salary DataXcel Energy Job Openings and Hiring Trends (2023-2026)
- Xcel Energy had 530 active job postings in 2026, a 21.5% increase (+109) from 2025.
- Xcel Energy had 421 active job postings in 2025, a 13.7% increase (+54) from 2024.
- Xcel Energy had 367 active job postings in 2024, a 80.2% increase (+210) from 2023.
- Xcel Energy had 157 active job postings in 2023, a 105.7% decline from 2022.
- Hiring velocity in 2026: 452 new roles/month, down from 461 in 2025 and 547 in 2024.
Xcel Energy's hiring is accelerating: active job postings rose 21.5% in 2026 to 530, with new postings per month climbing from 259 in 2023 to 452 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataXcel Energy Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Xcel Energy's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About Xcel Energy
- How fast is Xcel Energy growing?
- In 2026, Xcel Energy's headcount shrank 0.0% to 11,550 employees, up from 11,321 in 2025.
- See the full headcount history
- Where are Xcel Energy employees located?
- Most Xcel Energy employees are based in North America (98.8% of headcount), followed by South Asia and Sub-Saharan Africa.
- Explore where the workforce is based
- What is the average salary at Xcel Energy?
- The average employee salary at Xcel Energy is approximately $108.3k per year.
- Analyze the salary distribution
- How many new job postings does Xcel Energy open per year?
- In Q1 2026, Xcel Energy opened 1,355 new job postings. In 2025, Xcel Energy opened 5,530 new job postings — about 461 per month.
- Track hiring trends by role
- When was Xcel Energy founded and where is it headquartered?
- Xcel Energy was founded in 1909 and is headquartered in Minneapolis, Minnesota.
- Compare Xcel Energy to industry peers
Speak with a workforce expert about Xcel Energy.
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