NextEra Energy, Inc.

NEE Utilities Utilities Regulated Electric

In the quarter to June 2026, revenue grew 12.5%, EPS grew 53.1%, free cash flow fell 46.9% and total debt rose 18.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

79.80 0.84 +1.06%
Market cap
$164.7B
P/E
17.9×
Fwd P/E
21.6×
Dividend yield
3.05%
F-score
6/9
Altman Z
1.12
Beneish M
−2.44
Dividend safety
35/100

NextEra Energy, Inc. (NEE) Debt to equity

Alert me on Debt to equity

NextEra Energy, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 1.6×, up 0.2× from fiscal 2025 (1.4×). Over the past ten years it has ranged from 1.0× (fiscal 2018) to 1.4× (fiscal 2025) — the current reading is the highest in ten years. That is above the Utilities Regulated Electric industry median of 1.5× and above the Utilities sector median of 1.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 1.4× 5.62%
FY2024 1.4× 7.46%
FY2023 1.3× (5.73%)
FY2022 1.3× 11.38%
FY2021 1.2× 12.76%
FY2020 1.1× 3.96%
FY2019 1.0× 2.14%
FY2018 1.0× (15.01%)
FY2017 1.2× (2.59%)
FY2016 1.2× (5.22%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 1.6× 3.28%
Mar 2026 1.6× 8.94%
Dec 2025 1.4× (0.23%)
Sep 2025 1.4× (5.81%)
42 more quarters

Against its own ten years

Low 1.0× High 1.4×
Ten-year median 1.2×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
NGG National Grid Transco, PLC compare 1.2×
DUK Duke Energy Corporation compare 1.6×
AEP American Electric Power Company, Inc. compare 1.6×
D Dominion Energy Inc. compare 1.6×
NEE NextEra Energy, Inc. 1.6×
XEL Xcel Energy Inc. compare 1.6×
EXC Exelon Corporation compare 1.7×
SO Southern Company (The) compare 1.7×
ETR Entergy Corporation compare 1.8×
Utilities Regulated Electric industry median 1.5×
Utilities sector median 1.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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