NextEra Energy Inc (NEE)

NextEra Energy, Inc., through its subsidiaries, generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America. It operates through Florida Power & Light Company (FPL) and NEER segments. The company generates electricity from wind, solar, nuclear, natural gas, and other clean energy assets. It also invests in generation, storage, transmission, and distribution facilities; owns, develops, constructs, manages, and operates generation facilities, including renewables, nuclear and natural gas, and battery storage facilities in the wholesale energy market in the United States and Canada, as well as electric and gas transmission assets, and natural gas pipelines; provides full energy and capacity requirement services; markets and trades in energy-related commodities; and participates in the production of natural gas, natural gas liquids, and oil. As of December 31, 2025, the company had approximately 35,963 megawatts of net generating capacity; approximately 93,000 circuit miles of transmission and distribution lines; and 932 substations. It serves approximately 12 million people through approximately 6 million customer accounts on the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.

Symbol
NEE
Exchange
NYSE
Sector
Utilities
Industry
Utilities - Regulated Electric
Market cap
$156.94B
52 week range
74.41 - 98.75

Valuation

Share price
$76.35 (close of 2026-10-01)
P/E (TTM)
19.06x
Price to book
2.36x
Price to free cash flow
12.73x
Enterprise value
$259.34B
Book value per share
$31.96

Price performance

PeriodChange
1 day+0.81%
5 days+0.97%
1 month-7.93%
3 months-11.60%
6 months-17.77%
Year to date-4.90%
1 year-2.95%
3 years+33.27%
5 years-3.61%
10 years+149.67%
All time+3263.44%

Members of Congress who disclosed NEE trades

Julie Johnson · Richard McCormick · Julia Letlow · Marjorie Taylor Greene · Jefferson Shreve · Kevin Hern · Rick Larsen · Ritchie Torres · Alan Armstrong · Dwight Evans · George Whitesides · Gilbert Ray Cisneros

And 4 others

Profitability and growth

Return on equity
10.28%
Return on invested capital
5.20%
Return on assets
3.21%
Return on capital employed
4.36%
Gross margin
32.09%
Net margin
26.49%
EBITDA margin
57.60%
Revenue growth
9.79%
Net income growth
-1.60%
Free cash flow growth
-5.84%

Cash flow and balance sheet

Free cash flow yield (TTM)
7.86%
Current ratio
0.54x
Net debt to EBITDA
5.99x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$25.80B
Cost of revenue
$17.52B
Gross profit
$8.28B
EBITDA
$14.86B
Net income
$6.83B
Earnings per share
$3.31
Shares outstanding
2.06B

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$25.80B$8.28B$6.83B$3.31
2024-12-31$23.50B$7.48B$6.95B$3.38
2023-12-31$24.80B$10.24B$7.31B$3.61
2022-12-31$23.00B$4.08B$4.15B$2.10
2021-12-31$18.80B$2.91B$3.57B$1.82
2020-12-31$17.00B$5.12B$2.92B$1.49
2019-12-31$17.50B$5.35B$3.77B$1.95
2018-12-31$15.40B$4.28B$6.64B$3.51
2017-12-31--$5.38B$2.87
2016-12-31--$2.91B$1.57

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3132.09%26.49%10.28%5.20%
2024-12-3131.83%29.56%11.49%5.05%
2023-12-3141.28%29.48%12.65%7.20%
2022-12-3117.74%18.03%8.58%3.13%
2021-12-3115.49%19.01%7.87%2.61%
2020-12-3130.09%17.17%6.50%5.60%
2019-12-3130.59%21.54%9.11%5.85%
2018-12-3127.79%43.10%17.74%3.62%
2017-12-31--18.22%8.20%
2016-12-31--11.46%5.61%

Cash and debt by year

Period endCashDebt
2025-12-31$2.81B$89.56B
2024-12-31$1.49B$72.39B
2023-12-31$2.69B$61.41B
2022-12-31$1.60B$55.26B
2021-12-31$639.00M$50.96B
2020-12-31$1.10B$41.94B
2019-12-31$600.00M$37.54B
2018-12-31$638.00M$26.78B
2017-12-31$1.71B$31.41B
2016-12-31$1.29B$27.82B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$12.48B$185.00M
2024-12-31$13.26B$138.00M
2023-12-31$11.30B$139.00M
2022-12-31$8.26B$142.00M
2021-12-31$7.55B$119.00M
2020-12-31$7.98B$107.00M
2019-12-31$8.15B$100.00M
2018-12-31$6.59B$82.00M
2017-12-31$6.46B$76.00M
2016-12-31$6.37B$77.00M

Dividend history

Most recent payment
2026-08-28
Paid in the last twelve months
$2.44
Payment dateDividend per share
2026-08-28$0.62
2026-06-05$0.62
2026-02-27$0.62
2025-11-21$0.57
2025-08-28$0.57
2025-06-02$0.57
2025-02-28$0.57
2024-11-22$0.52

Investor relations

Next earnings report

Next confirmed report
2026-10-27
Consensus EPS estimate
$1.20

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-24Jun/2026$1.09
2026-04-23--
2026-01-27--
2025-10-28--
2025-07-23--
2025-04-23--
2025-01-24--
2024-10-23--

Filings and sources

Company website
nexteraenergy.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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