On this page of Benford's Law Stocks.com we present our study of XCEL ENERGY INC — ticker symbol XEL. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 7/29/2021 to 4/30/2026 for XCEL ENERGY INC under CIK number 0000072903. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for XEL, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for XCEL ENERGY INC based on the past XEL filings our system processed in the past.
Benford Chart for XEL 10Q Filed 4/30/2026
29.9
14.4
12.1
10.4
11.0
8.3
6.0
3.5
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, XEL stockholder letter ]
Total numbers found: 933
Recent share count: 624,162,193 (6's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
933
High count compared to other filers, with XEL falling in the highest quartile of filers. At this number count, it would take about 9 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for XEL = 86
86

Starting from a possible score of 100, we made the following score deductions:
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 8's percentage was below the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
XEL's Score Vs. Typical Stock
Benford's Law Stocks Indicator
XEL
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
Other Stocks Ranking Near XEL
Check our work! We provide our XCEL ENERGY INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the XEL filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 279 numbers that start with the digit 1. Here they are:
1,030
1,055
15
16
1,019
1,020
121
110
183
170
13
1
1
1
13
13
1
13
19
11
134
18
191
105
110
124
1,697
1,028
1,988
1,991
1
122
10
1,907
1,486
179
1,760
1,123
1,315
18
18
1,760
1,346
1,330
138
165
1,075
1,431
1,348
1,417
1,036
11,138
10,718
1,001
1,480
1,550
111
110
128
129
1,298
1,262
18,834
18,841
1,000,000,000
1,560
1,559
12,914
12,906
1,436
19,522
117
122
11
1,441
19,804
1,559
12,906
1
10
11
1,560
12,914
1,429
1,419
1,346
1,330
147
156
116
10,663
10,517
1,547
1,595
1,480
1,550
1,026
1,325
1,200
1,152
150
150
150
1.5
12.2
15.1
1,044
13.6
1,098
14
1,099
15
1
1,517
1,392
1,735
12
186
186
12
12
1,030
15
1
1,557
1,333
10
1,663
13
172
172
17
1,003
13
148
1,055
16
107
141
139
17
13
15
14
14
1.0
14.5
1.4
1.7
1.8
1,074
1,074
11
1,788
1
1,789
1,842
11
1,074
165
1,072
1,072
11
1,861
1,863
1,921
11
1,072
164
195
107
130
14
10
14
10
12
1
1
14
10
1
1
13
13
1
1
1
16
12
13
16
131
131
1
130
147
147
144
14
14
14
13
135
151
13
138
154
184
19
165
11
11
17
14
14
18
15
1
1
1
10
10
10
17
15
14
18
13
18
13
10
139
105
12
139
118
19
11
1
1
13
1
19
15
107
185
195
15
15
13
13
10
1
1,223
1,338
111
1,298
120
1
1
1
1
1,030
1,034
1,019
1,019
106
110
144
186
170
1,055
1,060
1,020
1,020
106
172
195
We found 134 numbers that start with the digit 2. Here they are:
2,976
2,835
2
22
22
23
27
29
2
25
29
24
28
241
240
2
24
2,077
2,808
274
283
252
274
2,998
2,261
2,307
20
289
2.50
23,806
23,609
2,181,453
2
23,609
2
2
23,806
21,242
20,710
2,014
2,419
2,965
2,000
250
2
2.90
2.60
2
2,331
217
217
2,746
230
267
2,976
2
2,292
206
206
2,687
203
2,835
22
2
21.0
21.0
27.8
2.9
2.0
2,261
272
2
2,229
285
28
27
20
25
25
26
2
2
22
2
28
25
25
28
20
20
20
25
28
28
22
29
21
25
20
24
24
2
29,943
20
20
2
2
2
2
2
26
231
298
22
25
29
22
2,223
265
25
29
21
2,976
2,976
250
284
25
2,835
2,835
228
204
234
206
204
We found 113 numbers that start with the digit 3. Here they are:
3,906
3
3,267
3,229
332
372
309
3
30
3,022
3
3,019
3,259
347
306
35
3,020
337
370
355
31
3,937
3,888
365
34,552
31,832
328
328
370
370
3,815
3,790
3,693
3,678
3,235
3,208
3.95
3,928
30
3.60
3.20
31
334
35
37
3,289
3,754
34
3
320
35
37
3,257
3,703
3
3,906
3
33.1
3.4
3.0
3.2
3.3
3,899
3,940
339
3
35
31
3
3
3
3
3
34
3
3
34
33
3
3
3
32
31
34
34
35,553
32,563
32,333
39
39
304
397
385
374
353
37
32
351
355
3,476
38
39
3
3
38
33
39
34
3,890
3,895
30
34
342
4's 5's 6's
We found 97 numbers that start with the digit 4. Here they are:
4,021
48
412
40
422
47
483
483
4
4
479
483
48
4
415
48
48
482
4,336
4,389
419
483
483
4
4
4
4
4
489
4,750
4.05
4.41
4.31
48
44
4,750
4.15
4.85
4
44
45
48
4,021
422
4
4
4
4
47
4.3
48
47
497
440
40
4
42
4
4
4
4
4
4
4
4
4
4
4
46
45
46
4
47
40
4
47
40
4
47
460
40
41
42
4
40
4
4
4
4
4,006
4
4
4,010
42
429
43
483
We found 103 numbers that start with the digit 5. Here they are:
520
513
509
556
575
577
556
5
560
556
5
58
59
55
529
5,882
5,014
54
501
579
576
5,918
56
59
574,365,598
57
5
576,547,051
556
556
59
562,065
59
501
55
545
50
50
5.75
5.05
5.55
5.48
5
50
51
52
509
5
575
577
54
54
54
505
51
5
5
5
53
54
54
5
5
5
5
56
57
56
57
56
57
51
50
52
5
5
500
56
525
5
57
5
517
50
5
5
59
520
520
558
52
599
599
556
5
5
513
513
567
56
537
537
54
We found 77 numbers that start with the digit 6. Here they are:
624,269,560
675
686
677
61
624
626
63
61
67,808
65,639
66
697
605
6,004
6,387
6,277
67
60
61
624,162,780
623,600,715
63
68
623,600,715
63
624,162,780
61
63,127
61,892
67,808
65,639
6,250
675
600
69
600
600
600
612
62
632
68
61
624
626
60
60
60
69
62
6
65
66
65
6
6
6
6
6
6
67
66
6
6
63
640
603
620
63
68
664
653
673
625
61
66
7's 8's 9's
We found 56 numbers that start with the digit 7. Here they are:
768
728
754
7
767
734
7
77
763
763
70
746
709
761
701
701
714
7,636
7,089
761
788
72
709
761
756
75
70
750
700
7
7
722
720
7
7
7
7
73
7
7
70
70
7
7
75
73
73
79
75
7
70
761
72
763
77
724
We found 33 numbers that start with the digit 8. Here they are:
89
84
89
84
8
87
891
880
868
893
84,828
81,371
84,828
81,371
8,553
8,706
83
89
8,085
88,592
85,879
800
822
85.0
800
89
8
8
8
86
885
872
81
We found 41 numbers that start with the digit 9. Here they are:
92
92
9
944
92
9,391
9,207
9,601
9
9,729
9,207
9,391
9,440
92
932
934
904
9
946
996
924
952
9.2
988
971
982
972
944
934
945
936
982
9
9
9
9
9
99
90
99
95
While the above XEL 10Q Filed 4/30/2026 is interesting in isolation, we have found that it is also useful to take a look at older XCEL ENERGY INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 4/30/2026 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical XEL 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10Q Filed 4/30/2026
29.9
14.4
12.1
10.4
11.0
8.3
6.0
3.5
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL? ✓  [ original filing ]
Total numbers found: 933

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 7/31/2025
27.0
15.9
13.2
7.7
10.2
8.7
6.4
6.5
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL? ✓  [ original filing ]
Total numbers found: 1,279

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 10/31/2024
31.4
14.3
12.2
7.9
10.0
8.5
6.2
5.9
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL? ✓  [ original filing ]
Total numbers found: 1,187

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10K Filed 2/21/2024
29.3
17.6
13.5
9.1
9.6
7.4
6.0
3.6
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL? ✓  [ original filing ]
Total numbers found: 2,475

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 4/27/2023
31.4
17.8
10.2
9.3
9.6
6.0
6.5
4.1
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL? ✓  [ original filing ]
Total numbers found: 827

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 7/28/2022
32.3
17.1
10.5
9.2
10.3
8.9
5.2
2.9
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL? ✓  [ original filing ]
Total numbers found: 1,206

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 10/28/2021
30.0
16.8
10.0
8.4
12.3
8.8
5.6
4.2
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL? ✓  [ original filing ]
Total numbers found: 1,256

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10K Filed 2/25/2026
27.8
17.5
13.9
9.6
9.3
8.2
5.9
4.0
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL? ✓  [ original filing ]
Total numbers found: 2,582

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 4/24/2025
28.6
15.8
11.5
8.6
10.6
7.1
6.5
6.3
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL? ✓  [ original filing ]
Total numbers found: 893

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 8/1/2024
28.2
14.7
12.8
7.9
12.5
6.4
7.9
5.7
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL? ✓  [ original filing ]
Total numbers found: 1,183

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 10/27/2023
33.3
14.8
10.4
9.7
9.2
7.2
6.8
5.2
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL? ✓  [ original filing ]
Total numbers found: 1,168

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10K Filed 2/23/2023
29.9
16.5
12.9
10.0
9.0
8.0
5.7
3.9
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL? ✓  [ original filing ]
Total numbers found: 2,465

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 4/28/2022
35.5
16.8
11.3
7.1
9.6
8.5
4.2
4.0
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 840

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 7/29/2021
29.7
18.5
11.5
8.9
11.4
7.5
4.2
3.9
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL? ✓  [ original filing ]
Total numbers found: 1,219

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 10/30/2025
30.4
14.2
13.1
6.9
10.1
8.9
5.3
6.6
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL? ✓  [ original filing ]
Total numbers found: 1,294

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10K Filed 2/27/2025
27.8
18.3
13.6
9.1
9.6
7.7
5.9
3.9
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL? ✓  [ original filing ]
Total numbers found: 2,501

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 4/25/2024
26.3
16.0
9.9
9.1
13.8
5.7
7.6
5.8
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL? ✓  [ original filing ]
Total numbers found: 821

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 7/27/2023
30.7
17.7
11.1
7.9
10.4
6.5
7.3
4.7
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 1,158

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10Q Filed 10/27/2022
33.7
14.9
9.9
8.9
10.3
8.9
5.5
4.4
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL? ✓  [ original filing ]
Total numbers found: 1,218

■ = Typical XEL range from 7/29/2021 to 4/30/2026
10K Filed 2/23/2022
29.6
16.3
11.4
11.2
10.2
7.4
5.7
4.5
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL? ✓  [ original filing ]
Total numbers found: 2,602

■ = Typical XEL range from 7/29/2021 to 4/30/2026
DAL 10Q Filed 7/10/2026:
92
SEGG 10K Filed 7/10/2026:
94
EDUC 10Q Filed 7/9/2026:
97
KBH 10Q Filed 7/9/2026:
95
JEF 10Q Filed 7/9/2026:
89
WDFC 10Q Filed 7/9/2026:
100
NRIX 10Q Filed 7/9/2026:
91
SLP 10Q Filed 7/9/2026:
83
EPAC 10Q Filed 7/9/2026:
98
BNED 10K Filed 7/9/2026:
85
EACO 10Q Filed 7/9/2026:
21
SMPL 10Q Filed 7/9/2026:
94
BYRN 10Q Filed 7/9/2026:
74
NTIC 10Q Filed 7/9/2026:
90
PEP 10Q Filed 7/8/2026:
96
LEGOU 10Q Filed 7/8/2026:
44
AZZ 10Q Filed 7/8/2026:
88
LEVI 10Q Filed 7/8/2026:
98
PSMT 10Q Filed 7/8/2026:
100
PCYO 10Q Filed 7/8/2026:
98
UNF 10Q Filed 7/8/2026:
95
CHSCP 10Q Filed 7/8/2026:
96
SOTK 10Q Filed 7/8/2026:
62
HELE 10Q Filed 7/8/2026:
91
TMQ 10Q Filed 7/8/2026:
87
FC 10Q Filed 7/7/2026:
89
PENG 10Q Filed 7/7/2026:
86
KRUS 10Q Filed 7/7/2026:
92
SAR 10Q Filed 7/7/2026:
73
CTWO 10Q Filed 7/2/2026:
48
LNN 10Q Filed 7/2/2026:
84
SNX 10Q Filed 7/2/2026:
85
UUU 10K Filed 7/2/2026:
74
CNXC 10Q Filed 7/2/2026:
77
FIZZ 10K Filed 7/1/2026:
89
GBX 10Q Filed 7/1/2026:
98
FDS 10Q Filed 7/1/2026:
83
GIS 10K Filed 7/1/2026:
72
BSET 10Q Filed 7/1/2026:
65
MSM 10Q Filed 7/1/2026:
82
 

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