NEXTERA ENERGY INC NEE

Utilities SIC 4911 - Electric Services NYSE

NEE is one of the largest electric power and energy infrastructure companies in North America. As of December 31, 2025, NEE had approximately 80 gigawatts of net generation and storage capacity from a diverse portfolio of assets, primarily including natural gas, wind, solar and nuclear generation facilities and battery storage facilities. NEE has two principal businesses, FPL and NEER. FPL is the largest electric utility in Florida and the U.S. FPL's strategic focus is centered on investing in generation, storage, transmission and distribution facilities to deliver on its value proposition of keeping customer bills low and delivering high reliability, outstanding customer service and energy from diverse generation sources for the benefit of its more than six million customer accounts. NEER is one of the largest energy infrastructure developers in the U.S. NEER's strategic focus is centered on the development, construction and operation of long-term contracted generation facilities, including renewables, nuclear and natural gas, as well as battery storage facilities. NEER also builds and owns regulated electric and gas transmission assets, is a leading gas and power supplier, and delivers integrated energy and technology solutions to utilities and businesses across the U.S.

Last close 83.43 2026-09-04
Market cap $173.98B 2026-03-31 share count
52-week range 69.24 - 98.75

Valuation FY2025 figures against the last close

P/S6.7x
P/E25.3x
P/FCF13.9x
EV/EBITDA31.9x
Dividend yield2.7%
Diluted EPS3.30

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $25.80B$23.50B$24.80B$23.00B$18.80B$17.00B$17.50B$15.40B
Total operating expenses $19.39B$17.63B$18.28B$17.40B$14.23B$13.23B$14.26B$12.53B$12.00B$11.68B
Operating income $8.28B$7.48B$10.24B$4.08B$2.91B$5.12B$5.35B$4.28B$5.17B$4.46B
Pre-tax income $4.53B$6.04B$7.29B$3.83B$3.17B$2.41B$3.84B$7.35B$4.66B$4.38B
Income tax $802.0M$339.0M$1.01B$586.0M$348.0M$44.0M$448.0M$1.58B$660.0M$1.38B
Net income $6.83B$6.95B$7.31B$4.15B$3.57B$2.92B$3.77B$6.64B$5.38B$2.91B
EPS, basic 3.313.383.612.101.821.491.953.5111.486.27
EPS, diluted 3.303.373.602.101.811.481.943.4711.396.24
Shares, diluted (wtd. avg.) $2.07B$2.06B$2.03B$1.98B$1.97B$1.97B$1.94B$1.91B$472.5M$465.8M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $2.81B$1.49B$3.42B$3.44B$1.32B$1.55B$1.11B$5.25B$1.98B$1.53B
Receivables $4.02B$3.34B$3.61B$4.35B$3.38B$2.26B$2.28B$2.30B$2.22B$1.78B
Inventory $2.42B$2.21B$2.11B$1.93B$1.56B$1.55B$1.33B$1.22B$1.27B$1.29B
Total current assets $13.58B$11.95B$15.36B$13.49B$9.29B$7.38B$7.41B$6.39B$7.18B$7.41B
Property, plant and equipment $156.20B$138.85B$125.78B$111.06B$99.35B$91.80B$82.01B$70.33B$72.29B$66.91B
Goodwill $4.85B$4.87B$5.09B$4.85B$4.84B$4.25B$4.20B$891.0M$764.0M$779.0M
Other intangibles $1.63B$1.58B$1.56B$623.0M$606.0M$558.0M$417.0M$573.0M$1.15B$1.11B
Total assets $212.72B$190.14B$177.49B$158.94B$140.91B$127.68B$117.69B$103.70B$97.96B$90.47B
Short-term debt $3.50B$8.06B$6.90B$6.63B$1.78B$4.14B$2.12B$2.72B$1.67B$2.60B
Total current liabilities $22.82B$25.36B$27.96B$26.70B$17.44B$15.56B$13.85B$17.56B$11.24B$10.92B
Long-term debt $89.56B$72.39B$61.41B$55.26B$50.96B$41.94B$37.54B$26.78B$31.41B$27.82B
Total liabilities $146.24B$129.28B$118.47B$109.50B$95.24B$82.75B$75.84B
Retained earnings $35.10B$32.95B$30.23B$26.71B$25.91B$25.36B$25.20B$23.84B$19.02B$15.46B
Total equity $54.61B$50.10B$57.77B$48.33B$45.42B$44.93B$41.36B$37.41B$29.53B$25.36B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $12.48B$13.26B$11.30B$8.26B$7.55B$7.98B$8.15B$6.59B$6.46B$6.37B
Investing cash flow -$23.86B-$22.26B-$23.47B-$18.36B-$13.59B-$13.70B-$16.18B-$10.95B-$8.92B-$8.05B
Financing cash flow $12.98B$7.00B$12.15B$12.23B$5.81B$6.17B$3.87B$7.63B$2.89B$2.42B
Dividends paid $4.68B$4.24B$3.78B$3.35B$3.02B$2.74B$2.41B$2.10B$1.84B$1.61B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000753308-26-000015.

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