Saturday 17 October 2026
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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%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 25.55 | 29.33 | 36.28 | 42.17 | 43.70 | 68.33 | 67.22 | 47.15 | 53.95 | 61.72 |
Analyst estimates 2026–2028 Powerpack |
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| High | 33.00 | 39.85 | 46.05 | 61.25 | 83.34 | 93.73 | 93.65 | 86.47 | 86.10 | 87.53 | |||||
| People | |||||||||||||||
| People | Employees | 14,700 | 14,000 | 14,300 | 14,800 | 14,900 | 15,000 | 15,300 | 16,800 | 9,300 | 17,400 | ||||
| Revenue/emp, $m | 1.10 | 1.23 | 1.17 | 1.30 | 1.21 | 1.14 | 1.37 | 1.67 | 2.66 | 1.58 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 16,138 | 17,173 | 16,727 | 19,204 | 17,997 | 17,069 | 20,956 | 28,114 | 24,753 | 27,412 | ||||
| Gross margin, % | 75.26 | 76.29 | 77.69 | 77.28 | 80.34 | 73.48 | 69.51 | 80.59 | 79.68 | 81.96 | |||||
| EBT | 4,378 | 4,663 | 7,352 | 3,836 | 2,413 | 3,175 | 3,832 | 7,288 | 6,037 | 4,530 | |||||
| EBT margin, % | 27.13 | 27.15 | 43.95 | 19.98 | 13.41 | 18.60 | 18.29 | 25.92 | 24.39 | 16.53 | |||||
| Net income | 2,999 | 5,323 | 5,776 | 3,388 | 2,369 | 2,827 | 3,246 | 6,282 | 5,698 | 5,332 | |||||
| Depreciation | 3,428 | 2,638 | 4,147 | 4,478 | 4,315 | 4,214 | 4,790 | 6,151 | 5,761 | 6,941 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 8.71 | 9.16 | 8.84 | 9.96 | 9.19 | 8.70 | 10.62 | 13.88 | 12.06 | 13.28 | ||||
| Earnings | 1.56 | 2.85 | 3.47 | 1.94 | 1.48 | 1.81 | 2.10 | 3.60 | 3.37 | 3.30 | |||||
| Cash flow | 3.44 | 3.44 | 3.48 | 4.23 | 4.08 | 3.85 | 4.19 | 5.58 | 6.46 | 6.05 | |||||
| Capex | (1.93) | (2.79) | (2.25) | (8.37) | (6.94) | (8.19) | (9.78) | (12.39) | (12.05) | (11.92) | |||||
| Free cash flow | 1.50 | 0.66 | 1.23 | (4.14) | (2.87) | (4.34) | (5.59) | (6.82) | (5.59) | (5.87) | |||||
| Book value | 13.67 | 15.75 | 19.77 | 21.45 | 22.93 | 23.15 | 24.50 | 28.51 | 29.45 | 32.20 | |||||
| Shares, m | 1,852 | 1,875 | 1,893 | 1,928 | 1,959 | 1,963 | 1,973 | 2,026 | 2,053 | 2,065 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 19.12 | 13.62 | 12.46 | 31.17 | 51.87 | 51.58 | 40.11 | 17.06 | 21.27 | 24.40 | ||||
| P/S | 3.41 | 4.23 | 4.92 | 6.08 | 8.40 | 10.73 | 7.89 | 4.44 | 5.95 | 6.05 | |||||
| P/B | 2.17 | 2.46 | 2.20 | 2.82 | 3.36 | 4.03 | 3.42 | 2.16 | 2.43 | 2.49 | |||||
| EV/Sales | 5.24 | 6.17 | 7.13 | 8.26 | 11.01 | 13.91 | 10.91 | 6.95 | 9.21 | 9.43 | |||||
| EV/FCF | 30.33 | 86.12 | 51.28 | (19.86) | (35.28) | (27.85) | (20.75) | (14.14) | (19.88) | (21.33) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 6,369 | 6,458 | 6,593 | 8,155 | 7,983 | 7,553 | 8,262 | 11,301 | 13,260 | 12,485 | ||||
| Capex | (3,582) | (5,227) | (4,266) | (16,146) | (13,598) | (16,077) | (19,283) | (25,113) | (24,729) | (24,606) | |||||
| Free cash flow | 2,787 | 1,231 | 2,327 | (7,991) | (5,615) | (8,524) | (11,021) | (13,812) | (11,469) | (12,121) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | (3,510) | (4,062) | (11,170) | (6,445) | (8,176) | (8,149) | (13,205) | (12,602) | (13,404) | (9,233) | ||||
| Total debt | 30,840 | 35,025 | 37,712 | 42,583 | 48,091 | 54,827 | 64,966 | 73,211 | 82,333 | 95,619 | |||||
| Net debt | 29,548 | 33,311 | 37,074 | 41,983 | 46,986 | 54,188 | 63,365 | 70,521 | 80,846 | 92,807 | |||||
| Shareholders’ equity | 25,331 | 29,531 | 37,413 | 41,360 | 44,929 | 45,424 | 48,326 | 57,768 | 60,460 | 66,479 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 3.37 | 5.72 | 6.58 | 3.40 | 2.38 | 2.66 | 2.77 | 4.35 | 3.78 | 3.39 | ||||
| ROIC | 5.08 | 5.14 | 3.59 | 4.01 | 3.48 | 1.83 | 2.28 | 4.99 | 3.31 | 3.25 | |||||
| ROE | 12.00 | 19.61 | 19.83 | 9.57 | 6.77 | 7.91 | 8.85 | 13.78 | 11.75 | 10.77 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
NextEra Energy, Inc. vs peers in Utilities Regulated Electric (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| NEE NextEra Energy, Inc. | $164.7B | 17.9× | 21.6× | +12.45% (above 0%: growing) | +53.06% (above 0%: growing) | −46.89% (below 0%: shrinking) | 81.76% | 29.71% | |
| SO Southern Company (The) | $102.6B | 21.9× | 20.8× | +0.06% (above 0%: growing) | +28.75% (above 0%: growing) | +23.51% (above 0%: growing) | 75.71% | 25.46% | Compare |
| DUK Duke Energy Corporation | $92.7B | 18.2× | 18.4× | +1.12% (above 0%: growing) | +10.40% (above 0%: growing) | −233.81% (below 0%: shrinking) | 73.06% | 26.99% | Compare |
| NGG National Grid Transco, PLC | $79.5B | 22.3× | 13.6× | +10.37% (above 0%: growing) | +115.14% (above 0%: growing) | −2,663.95% (below 0%: shrinking) | 23.34% | 0.00% | Compare |
| AEP American Electric Power Company, Inc. | $67.7B | 21.8× | 20.3× | +7.04% (above 0%: growing) | −42.79% (below 0%: shrinking) | −28.81% (below 0%: shrinking) | 70.56% | 22.90% | Compare |
| D Dominion Energy Inc. | $55.3B | 22.2× | 18.6× | +17.59% (above 0%: growing) | −57.95% (below 0%: shrinking) | +31.64% (above 0%: growing) | 67.68% | 7.34% | Compare |
| ETR Entergy Corporation | $49.7B | 26.5× | 25.3× | +5.85% (above 0%: growing) | −1.87% (below 0%: shrinking) | −16.71% (below 0%: shrinking) | 69.73% | 24.13% | Compare |
| XEL Xcel Energy Inc. | $46.9B | 20.8× | 19.2× | −5.11% (below 0%: shrinking) | +23.68% (above 0%: growing) | −37.30% (below 0%: shrinking) | 75.22% | 22.64% | Compare |
| EXC Exelon Corporation | $43.9B | 15.9× | 16.0× | +9.95% (above 0%: growing) | 0.00% | +49.00% (above 0%: growing) | 62.95% | 16.41% | Compare |
| Median of peers | $61.5B | 21.8× | 18.9× | +6.45% | +5.20% | −22.76% | 70.15% | 22.77% |
NEE metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
NextEra Energy, Inc. (NEE) key facts
- Concern: Net income was $5.3 billion, or $3.30 per share (basic), a net margin of 24.9%.
- NextEra Energy, Inc. (NEE) is an Utilities Regulated Electric company in the Utilities sector, listed on the New York Stock Exchange.
- As of October 16, 2026, NEE traded at $79.80, a market capitalization of $164.7 billion.
- At that price the stock trades at 17.9× trailing-twelve-month earnings and 5.8× sales; its P/E is higher than 27% of its own readings over the past ten years.
- NextEra Energy, Inc. pays an annual dividend of $2.44 per share, a yield of 3.05%, with a payout ratio of 54.7%.
- Return on equity was 10.8% and debt-to-equity 1.62.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.12 (distress zone) for fiscal 2025.