
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
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
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)
NGG$47.18B
DUK$31.79B
SO$28.91B
Gross Margin (Latest Quarter)
DUK98.7%
NEE66.2%
55.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| NEE | $176.63B | 26.8 | 12.7% | 47.3% |
| SO | $96.39B | 21.6 | 13.1% | 48.1% |
| DUK | $91.32B | 18.3 | 9.8% | 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%BeatForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Jul 23, 2025|Revenue: $6.70B+10.4%|EPS: $0.99+25.3%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: Apr 23, 2025|Revenue: $6.25B+9.0%|EPS: $0.41-63.1%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 14, 2025|Revenue: $24.75B-12.0%|EPS: $3.38-6.4%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Oct 23, 2024|Revenue: $7.57B+5.5%|EPS: $0.90+50.0%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Jul 24, 2024|Revenue: $6.07B-17.4%|EPS: $0.79-42.8%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: Apr 23, 2024|Revenue: $5.73B-14.7%|EPS: $1.11+6.7%MeetForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 16, 2024|Revenue: $28.11B+34.2%|EPS: $3.61+71.7%Beat