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

87.41 0.84 −0.95%
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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, NextEra Energy, Inc. (NEE) trades at a P/B ratio of 2.5×. Over the past ten years it has ranged from 1.8× (October 2023) to 4.1× (December 2021); the current reading is higher than 47% of that period. That is above the Utilities Regulated Electric industry median of 1.8× and above the Utilities sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.5× 2.42%
FY2024 2.4× 12.73%
FY2023 2.2× (36.89%)
FY2022 3.4× (15.17%)
FY2021 4.0× 19.91%
FY2020 3.4× 19.21%
FY2019 2.8× 28.34%
FY2018 2.2× (10.69%)
FY2017 2.5× 13.43%
FY2016 2.2× 7.19%

Quarterly newest first

Period P/B ratio Change
Sep 2026 2.2× (19.14%)
Jun 2026 2.7× (7.49%)
Mar 2026 2.9× 16.43%
Dec 2025 2.5× 3.33%
43 more quarters

Against its own ten years

Low 1.8× High 4.1×
Ten-year median 2.6×
Current reading's percentile 43

P/B ratio against peers

Company P/B ratio
NGG National Grid Transco, PLC compare n/m
EXC Exelon Corporation compare 1.6×
DUK Duke Energy Corporation compare 1.8×
D Dominion Energy Inc. compare 1.8×
XEL Xcel Energy Inc. compare 2.0×
AEP American Electric Power Company, Inc. compare 2.0×
SO Southern Company (The) compare 2.4×
NEE NextEra Energy, Inc. 2.5×
ETR Entergy Corporation compare 2.6×
Utilities Regulated Electric industry median 1.8×
Utilities sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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