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NextEra Energy, Inc.

NextEra Energy, Inc.

NYSE•NEE
CEO: Mr. John W. Ketchum J.D.
Sector: Utilities
Industry: Regulated Electric
Listing Date: 2014-06-19
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. The company had approximately 33,276 megawatts of net generating capacity; approximately 90,000 circuit miles of transmission and distribution lines; and 883 substations. It serves approximately 12 million people through approximately 5.9 million customer accounts in 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.
Contact Information
700 Universe Boulevard, Juno Beach, FL, 33408, United States
561-694-4000
www.nexteraenergy.com
Market Cap
$176.63B
P/E (TTM)
26.8
20.9
Dividend Yield
2.7%
52W High
$87.53
52W Low
$61.72
52W Range
89%
Rank41Top 44.9%
4.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$7.97B+5.27%
4-Quarter Trend

EPS

$1.18+31.11%
4-Quarter Trend

FCF

$1.55B-29.98%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Strong Quarterly Net Income NEE net income attributable to NEE rose $586M for Q3 2025 to $2.44B; Basic EPS improved to $1.18 from $0.90.
FPL Drives Utility Earnings FPL net income increased $356M for nine months 2025, reaching $4.05B, driven by continued investments in plant in service.
Significant Capital Expenditures Total capital expenditures for nine months 2025 were $19.33B, reflecting ongoing growth in FPL and NEER generation projects.
Energy Contract Net Assets Total mark-to-market energy contract net assets reached $109M at September 30, 2025, primarily from Trading activities.

Risk Factors

Nine Month Net Income Down NEE net income fell $443M for nine months 2025 to $5.30B, driven by lower NEER results and Corporate/Other segment.
XPLR Investment Impairment $0.7B impairment charge recorded on XPLR equity method investment impacting nine months 2025 results; future impairment possible.
FPL Rate Plan Pending Approval FPL's proposed 2025 base rate plan, effective January 2026, awaits final FPSC ruling scheduled for November 20, 2025.
Commodity Derivative Volatility Non-qualifying hedge activity caused unfavorable after-tax impacts of $436M in Q3 2025 for Corporate and Other segment.

Outlook

FPL 2025 Rate Agreement FPL expects FPSC ruling on proposed 2025 rate agreement by November 20, 2025, setting rates through at least December 2029.
Future Capital Expenditure Forecast Estimated capital expenditures through 2029 total $42.96B for FPL and $31.31B for NEER, subject to ongoing review.
OBBBA Tax Legislation Impact OBBBA modified clean energy tax credits; NEE assessed no material impact on current financial statements for 9M 2025.
NEER New Investment Earnings NEER new investments drove earnings increases in Q3 2025, primarily from solar and battery storage facilities placed in service.

Peer Comparison

Revenue (TTM)

National Grid plcNGG
$47.18B
-12.1%
Duke Energy CorporationDUK
$31.79B
+5.2%
The Southern CompanySO
$28.91B
+9.4%

Gross Margin (Latest Quarter)

Duke Energy CorporationDUK
98.7%
+49.3pp
NextEra Energy, Inc.NEE
66.2%
+1.9pp
Dominion Energy, Inc.D
55.5%
+2.9pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
NEE$176.63B26.812.7%47.3%
SO$96.39B21.613.1%48.1%
DUK$91.32B18.39.8%46.4%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
13.9%
Steady Growth
4Q Net Income CAGR
26.5%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Jan 27, 2026
|
EPS:$0.56
|
Revenue:$6.78B
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 28, 2025|
    Revenue: $7.97B+5.3%
    |
    EPS: $1.18+31.1%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 23, 2025|
    Revenue: $6.70B+10.4%
    |
    EPS: $0.99+25.3%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: Apr 23, 2025|
    Revenue: $6.25B+9.0%
    |
    EPS: $0.41-63.1%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 14, 2025|
    Revenue: $24.75B-12.0%
    |
    EPS: $3.38-6.4%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 23, 2024|
    Revenue: $7.57B+5.5%
    |
    EPS: $0.90+50.0%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 24, 2024|
    Revenue: $6.07B-17.4%
    |
    EPS: $0.79-42.8%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: Apr 23, 2024|
    Revenue: $5.73B-14.7%
    |
    EPS: $1.11+6.7%
    Meet
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 16, 2024|
    Revenue: $28.11B+34.2%
    |
    EPS: $3.61+71.7%
    Beat