Company research
SOUTHWESTERN PUBLIC SERVICE CO
CIK 92521Updated Sep 27, 2026
Filing activity
Latest filing
50 filings on record · 10-Q, 8-K, 424B2, FWP, 424B5, 10-K.
Recent filings
10-Q filing
Other Events
Items 8.01, 9.01
424B2 filing
FWP filing
424B5 filing
Show 5 more recent filings
Other Events
Items 8.01
Other Events
Items 8.01
10-Q filing
10-K filing
10-Q filing
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 11,998,000,000Source | 10,801,000,000Source | 9,881,000,000Source | 9,748,000,000Source |
| Property, Plant and Equipment, NetUSD | 10,426,000,000Source | 9,251,000,000Source | 8,536,000,000Source | 8,129,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 9,000,000Source | 14,000,000Source | 3,000,000Source | 2,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | — | 167,000,000Source |
| Assets, CurrentUSD | 795,000,000Source | 778,000,000Source | 565,000,000Source | 797,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 271,000,000Source | 289,000,000Source | 32,000,000Source | 68,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 337,000,000Source | 371,000,000Source | 403,000,000Source | 434,000,000Source |
| Other Assets, NoncurrentUSD | 64,000,000Source | 42,000,000Source | 28,000,000Source | 26,000,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | 622,000,000Source | 592,000,000Source | 617,000,000Source | 540,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,000,000Source | -1,000,000Source | -1,000,000Source | -1,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 4,842,000,000Source | 4,238,000,000Source | 3,986,000,000Source | 3,850,000,000Source |
| Additional Paid in Capital, Common StockUSD | 4,221,000,000Source | 3,647,000,000Source | 3,370,000,000Source | 3,311,000,000Source |
| Liabilities and EquityUSD | 11,998,000,000Source | 10,801,000,000Source | 9,881,000,000Source | 9,748,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,023,000,000Source | 948,000,000Source | 1,008,000,000Source | 660,000,000Source |
| Operating Lease, Liability, CurrentUSD | 36,000,000Source | 34,000,000Source | 32,000,000Source | 31,000,000Source |
| Accounts Payable, CurrentUSD | — | — | — | 209,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 301,000,000Source | 337,000,000Source | 371,000,000Source | 403,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 813,000,000Source | 765,000,000Source | 622,000,000Source | 739,000,000Source |
| Other Liabilities, NoncurrentUSD | 15,000,000Source | 10,000,000Source | 7,000,000Source | 9,000,000Source |
| Additional Financial Items | ||||
| Dividends Payable, CurrentUSD | 47,000,000Source | 51,000,000Source | 59,000,000Source | 61,000,000Source |
| Long-term Debt, Current MaturitiesUSD | — | 0Source | 350,000,000Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 4,046,000,000Source | 3,551,000,000Source | 2,961,000,000Source | 3,211,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 75,000,000Source | 59,000,000Source | 51,000,000Source | 19,000,000Source |
| Increase (Decrease) in Accounts PayableUSD | 19,000,000Source | 29,000,000Source | -37,000,000Source | 22,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 34,000,000Source | 123,000,000Source | -133,000,000Source | 17,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 699,000,000Source | 886,000,000Source | 810,000,000Source | 676,000,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,524,000,000Source | -1,015,000,000Source | -714,000,000Source | -578,000,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 820,000,000Source | 140,000,000Source | -95,000,000Source | -97,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 369,000,000Source | 427,000,000Source | 309,000,000Source | 319,000,000Source |
| Repayments of Long-term DebtUSD | 0Source | 350,000,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -5,000,000Source | 11,000,000Source | 1,000,000Source | 1,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 9,000,000Source | 14,000,000Source | 3,000,000Source | 2,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 165,000,000Source | 144,000,000Source | 127,000,000Source | 137,000,000Source |
| Income Taxes Paid, NetUSD | 100,000,000Source | -159,000,000Source | 80,000,000Source | -81,000,000Source |
| Additional Financial Items | ||||
| Asset Retirement Obligation, Accretion ExpenseUSD | 7,000,000Source | 7,000,000Source | 6,000,000Source | 5,000,000Source |
| Depreciation, Amortization and Accretion, NetUSD | 468,000,000Source | 458,000,000Source | 373,000,000Source | 391,000,000Source |
| Dividends Payable, CurrentUSD | 47,000,000Source | 51,000,000Source | 59,000,000Source | 61,000,000Source |
| Income Tax Expense (Benefit)USD | -40,000,000Source | -57,000,000Source | -45,000,000Source | -53,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 395,000,000Source | 394,000,000Source | 384,000,000Source | 349,000,000Source |
| Other Nonoperating Income (Expense)USD | 9,000,000Source | 12,000,000Source | 2,000,000Source | 0Source |
| Proceeds from Contributions from ParentUSD | 566,000,000Source | 279,000,000Source | 48,000,000Source | 220,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 493,000,000Source | 588,000,000Source | 98,000,000Source | 196,000,000Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | 31,000,000Source | 17,000,000Source | 7,000,000Source | 3,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Operating Income (Loss)USD | 492,000,000Source | 461,000,000Source | 466,000,000Source | 434,000,000Source |
| Other Nonoperating Income (Expense)USD | 9,000,000Source | 12,000,000Source | 2,000,000Source | 0Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 355,000,000Source | 337,000,000Source | 339,000,000Source | 296,000,000Source |
| Income Tax Expense (Benefit)USD | -40,000,000Source | -57,000,000Source | -45,000,000Source | -53,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 395,000,000Source | 394,000,000Source | 384,000,000Source | 349,000,000Source |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | 1,688,000,000Source | 1,478,000,000Source | 1,686,000,000Source | 1,992,000,000Source |
| Interest ExpenseUSD | 195,000,000Source | 162,000,000Source | 143,000,000Source | 143,000,000Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | 31,000,000Source | 17,000,000Source | 7,000,000Source | 3,000,000Source |
| Taxes, MiscellaneousUSD | 104,000,000Source | 102,000,000Source | 100,000,000Source | 107,000,000Source |
| Utilities Operating Expense, Maintenance, Operations, and Other Costs and ExpensesUSD | 343,000,000Source | 313,000,000Source | 279,000,000Source | 317,000,000Source |
Filing attachments
d148677dex402.htm · 8-K · 2026-06-29
EX-4.02 2 d148677dex402.htm EX-4.02 EX-4.02 Exhibit 4.02 SUPPLEMENTAL INDENTURE (First Mortgage Bonds) SOUTHWESTERN PUBLIC SERVICE COMPANY TO U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION (successor to U.S. Bank National Association), as Trustee This Instrument Grants A Security Interest By A Utility. This Instrument Contains After-Acquired Property Provisions. The following addresses for the parties to this Supplemental Indenture No. 13 are set out in Section 108 of the Indenture…
Read attachment ↗d942691dex402.htm · 8-K · 2025-05-02
EX-4.02 2 d942691dex402.htm EX-4.02 EX-4.02 Exhibit 4.02 SUPPLEMENTAL INDENTURE (First Mortgage Bonds) SOUTHWESTERN PUBLIC SERVICE COMPANY TO U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION (successor to U.S. Bank National Association), as Trustee This Instrument Grants A Security Interest By A Utility. This Instrument Contains After-Acquired Property Provisions. The following addresses for the parties to this Supplemental Indenture No. 12 are set out in Section 108 of the Indenture…
Read attachment ↗