NextEra Energy, Inc.

NEE Utilities Utilities Regulated Electric

NextEra Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $27.4 billion, up 10.7% from fiscal 2024.

Revenue
+1.56%
EPS
+93.2%
Free cash flow
−86.3%
Total debt
+22.3%

Quarter to September 2026, against a year earlier

88.20 0.25 −0.28%
Market cap
$185.1B
P/E
15.9×
Fwd P/E
20.5×
Dividend yield
2.76%
F-score
6/9
Altman Z
1.12
Beneish M
−2.44
Dividend safety
35/100

NextEra Energy, Inc. (NEE) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, NextEra Energy, Inc. (NEE) trades at a EV/EBITDA of 18.9×. Over the past ten years it has ranged from 8.5× (December 2015) to 39.4× (April 2022); the current reading is higher than 77% of that period. That is above the Utilities Regulated Electric industry median of 12.4× and above the Utilities sector median of 12.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 17.0× (1.37%)
FY2024 17.2× 44.54%
FY2023 11.9× (53.79%)
FY2022 25.8× (22.60%)
FY2021 33.3× 58.57%
FY2020 21.0× 30.14%
FY2019 16.1× 13.99%
FY2018 14.2× 4.34%
FY2017 13.6× 26.64%
FY2016 10.7× 10.61%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 17.2× (6.33%)
Jun 2026 18.4× (4.05%)
Mar 2026 19.1× 12.66%
Dec 2025 17.0× (0.52%)
43 more quarters

Against its own ten years

Low 8.5× High 39.4×
Ten-year median 16.1×
Current reading's percentile 77

EV/EBITDA against peers

Company EV/EBITDA
NGG National Grid Transco, PLC compare 4.2×
EXC Exelon Corporation compare 10.9×
DUK Duke Energy Corporation compare 11.2×
SO Southern Company (The) compare 12.7×
AEP American Electric Power Company, Inc. compare 13.2×
ETR Entergy Corporation compare 13.5×
XEL Xcel Energy Inc. compare 14.0×
D Dominion Energy Inc. compare 16.1×
NEE NextEra Energy, Inc. 18.9×
Utilities Regulated Electric industry median 12.4×
Utilities sector median 12.3×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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