NEXTERA ENERGY INC NEE

Utilities SIC 4911 - Electric Services NAICS Utilities › Electric Power Generation, Transmission and Distribution derived 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 82.10 2026-10-23
Market cap $171.21B 2026-03-31 share count
52-week range 74.41 - 98.75

Valuation FY2025 figures against the last close

P/S6.6x
P/E24.9x
P/FCF13.7x
EV/EBITDA31.6x
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.) 2.07B2.06B2.03B1.98B1.97B1.97B1.94B1.91B472.5M465.8M

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.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 10B 20B 30B Net income, FY2016: 2.9B Net income, FY2017: 5.4B Revenue, FY2018: 15.4B Net income, FY2018: 6.6B Revenue, FY2019: 17.5B Net income, FY2019: 3.8B Revenue, FY2020: 17B Net income, FY2020: 2.9B Revenue, FY2021: 18.8B Net income, FY2021: 3.6B Revenue, FY2022: 23B Net income, FY2022: 4.1B Revenue, FY2023: 24.8B Net income, FY2023: 7.3B Revenue, FY2024: 23.5B Net income, FY2024: 6.9B Revenue, FY2025: 25.8B Net income, FY2025: 6.8B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — — $15.40B $17.50B $17.00B $18.80B $23.00B $24.80B $23.50B $25.80B
Gross profit — — — — — — — — — —
Net income $2.91B $5.38B $6.64B $3.77B $2.92B $3.57B $4.15B $7.31B $6.95B $6.83B

Recent filings and events

  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Other event Item 8.01
  • Other event Item 8.01
  • Other event Item 8.01
  • Shareholder vote Item 5.07
  • Other event Item 8.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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CNP CENTERPOINT ENERGY INC $26.87B 25.7x 9.2%
FE FIRSTENERGY CORP $26.69B 26.2x 12.0%
PPL PPL Corp $26.32B 22.0x 8.6%