NextEra Energy (NEE) Financials

$65.72 -1.00 (-1.50%)

Closing price 04/11/2025 03:59 PM Eastern

Extended Trading

$66.64 +0.92 (+1.40%)

As of 04/11/2025 07:59 PM Eastern

Annual Income Statements for NextEra Energy

This table shows NextEra Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	2,752	2,906	5,380	6,638	3,769	2,919	3,573	4,147	7,310	6,946
Consolidated Net Income / (Loss)	2,762	2,999	5,323	5,776	3,388	2,369	2,827	3,246	6,282	5,698
Net Income / (Loss) Continuing Operations	2,762	2,999	7,203	5,776	3,388	2,369	2,827	3,246	6,282	5,698
Total Pre-Tax Income	3,990	4,378	7,649	7,352	3,836	2,413	3,175	3,832	7,288	6,037
Total Operating Income	4,632	4,459	8,563	4,280	5,353	5,116	2,913	4,081	10,237	7,479
Total Gross Profit	8,890	8,617	747	8,111	9,163	10,524	6,760	8,062	15,711	12,589
Total Revenue	17,486	16,138	17,173	16,727	19,204	17,997	17,069	20,956	28,114	24,753
Operating Revenue	17,486	16,138	17,173	16,727	19,204	17,997	17,069	20,956	28,114	24,753
Total Cost of Revenue	8,596	7,521	16,426	8,616	10,041	7,473	10,309	12,894	12,403	12,164
Operating Cost of Revenue	8,596	7,521	12,624	7,065	8,237	7,473	8,508	10,817	10,138	9,886
Other Cost of Revenue	0.00	-	3,802	1,551	1,804	-	1,801	2,077	2,265	2,278
Total Operating Expenses	4,258	4,158	-7,816	3,831	3,810	5,408	3,847	3,981	5,474	5,110
Depreciation Expense	2,831	3,120	3,297	3,911	4,216	4,052	3,924	4,503	5,879	5,462
Other Special Charges / (Income)	4.00	-447	-1,111	-80	-406	-353	-77	-522	-405	-352
Total Other Income / (Expense), net	-642	-81	-914	3,072	-1,517	-2,703	262	-249	-2,949	-1,442
Interest Expense	1,211	1,098	2,039	1,498	2,249	1,950	1,270	585	3,324	2,235
Interest & Investment Income	569	665	965	4,543	188	-1,208	878	395	-362	115
Other Income / (Expense), net	0.00	352	160	27	544	455	654	-59	737	678
Income Tax Expense	1,228	1,379	446	1,576	448	44	348	586	1,006	339
Net Income / (Loss) Attributable to Noncontrolling Interest	10	93	-57	-862	-381	-550	-746	-901	-1,028	-1,248
Basic Earnings per Share	$6.11	$6.27	$11.48	$3.51	$1.95	$1.49	$1.82	$2.10	$3.61	$3.38
Weighted Average Basic Shares Outstanding	450.50M	463.10M	44.83B	473.10M	488.97M	1.96B	1.96B	1.99B	2.05B	2.06B
Diluted Earnings per Share	$6.06	$6.24	$11.39	$3.47	$1.94	$1.48	$1.81	$2.10	$3.60	$3.37
Weighted Average Diluted Shares Outstanding	454M	465.80M	44.83B	473.10M	488.97M	1.96B	1.96B	1.99B	2.05B	2.06B
Weighted Average Basic & Diluted Shares Outstanding	450.40M	463M	44.83B	473.10M	488.97M	1.96B	1.96B	1.99B	2.05B	2.06B
Cash Dividends to Common per Share	$3.08	$3.48	$3.93	$4.44	$5.00	$1.40	$1.54	$1.70	$1.87	$2.06

This table shows NextEra Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	1,696	1,522	2,086	2,795	1,219	1,210	2,268	1,622	1,852	1,204
Consolidated Net Income / (Loss)	1,559	1,267	1,785	2,564	1,019	914	1,937	1,296	1,591	874
Net Income / (Loss) Continuing Operations	1,559	1,267	1,785	2,564	1,019	914	1,937	1,296	1,591	874
Total Pre-Tax Income	1,882	1,595	2,171	3,061	973	1,083	2,164	1,232	1,596	1,045
Total Operating Income	1,862	2,046	2,942	2,799	1,836	2,660	2,013	1,670	2,856	940
Total Gross Profit	2,980	2,411	3,766	4,287	3,786	3,872	2,853	3,050	4,267	2,419
Total Revenue	6,719	6,164	6,716	7,349	7,172	6,877	5,731	6,069	7,567	5,386
Operating Revenue	6,719	6,164	6,716	7,349	7,172	6,877	5,731	6,069	7,567	5,386
Total Cost of Revenue	3,739	3,753	2,950	3,062	3,386	3,005	2,878	3,019	3,300	2,967
Operating Cost of Revenue	3,158	2,768	2,434	2,486	2,750	2,468	2,329	2,451	2,698	2,408
Other Cost of Revenue	581	-	516	576	636	537	549	568	602	559
Total Operating Expenses	1,118	365	824	1,488	1,950	1,212	840	1,380	1,411	1,479
Depreciation Expense	1,289	1,170	822	1,494	1,957	1,606	898	1,409	1,642	1,513
Other Special Charges / (Income)	-171	-327	2.00	-6.00	-7.00	-394	-58	-29	-231	-34
Total Other Income / (Expense), net	20	-451	-771	262	-863	-1,577	151	-438	-1,260	105
Interest Expense	259	685	1,183	135	26	1,980	323	820	1,817	-725
Interest & Investment Income	267	45	128	264	-882	128	274	316	288	-763
Other Income / (Expense), net	12	189	284	133	45	275	200	66	269	143
Income Tax Expense	323	328	386	497	-46	169	227	-64	5.00	171
Net Income / (Loss) Attributable to Noncontrolling Interest	-137	-255	-301	-231	-200	-296	-331	-326	-261	-330
Basic Earnings per Share	$0.86	$0.77	$1.04	$1.38	$0.60	$0.59	$1.11	$0.79	$0.90	$0.58
Weighted Average Basic Shares Outstanding	1.99B	1.99B	2.02B	2.02B	2.05B	2.05B	2.05B	2.06B	2.06B	2.06B
Diluted Earnings per Share	$0.86	$0.77	$1.04	$1.38	$0.60	$0.58	$1.10	$0.79	$0.90	$0.58
Weighted Average Diluted Shares Outstanding	1.99B	1.99B	2.02B	2.02B	2.05B	2.05B	2.05B	2.06B	2.06B	2.06B
Weighted Average Basic & Diluted Shares Outstanding	1.99B	1.99B	2.02B	2.02B	2.05B	2.05B	2.05B	2.06B	2.06B	2.06B

This table details how cash moves in and out of NextEra Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	7.00	757	428	3,277	-4,145	438	-230	2,125	-21	-2,018
Net Cash From Operating Activities	6,089	6,369	6,458	6,593	8,155	7,983	7,553	8,262	11,301	13,260
Net Cash From Continuing Operating Activities	6,089	6,369	6,458	6,593	8,155	7,983	7,553	8,262	11,301	13,260
Net Income / (Loss) Continuing Operations	2,762	2,999	5,323	5,776	3,388	2,369	2,827	3,246	6,282	5,698
Consolidated Net Income / (Loss)	2,762	2,999	5,323	5,776	3,388	2,369	2,827	3,246	6,282	5,698
Depreciation Expense	2,831	3,120	2,357	3,911	4,216	4,052	3,924	4,503	5,879	5,462
Amortization Expense	372	308	281	236	262	263	290	287	272	299
Non-Cash Adjustments To Reconcile Net Income	226	199	-1,076	-4,303	-205	1,903	998	-186	261	1,641
Changes in Operating Assets and Liabilities, net	-102	-257	-427	973	494	-604	-486	412	-1,393	160
Net Cash From Investing Activities	-7,996	-8,046	-8,918	-10,950	-16,177	-13,699	-13,591	-18,359	-23,467	-22,264
Net Cash From Continuing Investing Activities	-8,341	-8,691	-8,918	-10,950	-16,177	-13,699	-13,591	-18,359	-23,467	-22,264
Purchase of Property, Plant & Equipment	-3,511	-3,957	-5,208	-5,692	-10,762	-7,514	-7,555	-9,519	-9,363	-8,115
Purchase of Investments	-9,487	-9,225	-8,579	-10,778	-10,545	-10,951	-13,557	-14,127	-21,491	-21,838
Sale of Property, Plant & Equipment	0.00	0.00	1,454	-	-	-	0.00	0.00	924	0.00
Sale and/or Maturity of Investments	4,903	4,434	3,392	5,740	5,324	4,928	7,756	5,421	6,758	8,104
Other Investing Activities, net	-246	57	23	-220	-194	-162	-235	-134	-295	-415
Net Cash From Financing Activities	1,897	2,424	2,888	7,634	3,873	6,174	5,807	12,229	12,149	7,000
Net Cash From Continuing Financing Activities	2,242	3,069	2,888	7,634	3,873	6,174	5,807	12,408	12,224	7,740
Repayment of Debt	-5,006	-4,411	-7,507	-3,942	-10,787	-8,611	-10,541	-5,850	-10,031	-18,694
Payment of Dividends	-1,385	-1,612	-1,845	-2,101	-2,408	-2,743	-3,024	-3,352	-3,782	-4,235
Issuance of Debt	6,229	6,051	8,804	11,118	13,871	13,597	16,683	15,938	18,778	28,364
Issuance of Common Equity	1,643	1,182	55	718	1,593	501	79	1,514	4,514	48
Other Financing Activities, net	761	1,859	2,833	1,841	1,604	3,522	2,610	4,158	2,745	2,257
Other Net Changes in Cash	17	10	-	-	4.00	-20	1.00	-7.00	-4.00	-14
Cash Interest Paid	1,143	1,194	1,186	1,209	1,799	1,432	1,323	1,375	2,463	2,737

This table details how cash moves in and out of NextEra Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-526	-526	748	-1,435	24	642	-1,207	-111	472	-1,172
Net Cash From Operating Activities	2,474	995	1,673	3,086	3,664	2,878	3,077	3,933	4,269	1,981
Net Cash From Continuing Operating Activities	2,474	995	1,673	3,086	3,664	2,878	3,077	3,933	4,269	1,981
Net Income / (Loss) Continuing Operations	1,559	1,267	1,785	2,564	1,018	915	1,937	1,296	1,592	873
Consolidated Net Income / (Loss)	1,559	1,267	1,785	2,564	1,018	915	1,937	1,296	1,592	873
Depreciation Expense	1,289	1,171	822	1,493	1,957	1,607	898	1,409	1,642	1,513
Amortization Expense	67	76	71	58	69	74	90	62	78	69
Non-Cash Adjustments To Reconcile Net Income	-648	-1,324	-288	-938	1,067	420	130	937	359	215
Changes in Operating Assets and Liabilities, net	207	-195	-717	-91	-447	-138	22	229	598	-689
Net Cash From Investing Activities	-4,541	-4,510	-7,817	-4,997	-5,963	-4,690	-9,321	-4,805	-4,258	-3,880
Net Cash From Continuing Investing Activities	-4,541	-4,510	-7,817	-4,997	-5,963	-4,690	-9,321	-4,805	-4,258	-3,880
Purchase of Property, Plant & Equipment	-2,014	-3,047	-2,247	-2,440	-2,641	-2,035	-2,328	-2,038	-1,972	-1,777
Purchase of Investments	-3,570	-3,379	-6,564	-4,614	-5,037	-5,276	-8,321	-4,251	-4,634	-4,632
Sale and/or Maturity of Investments	1,161	1,950	1,065	1,965	1,862	1,866	1,516	1,621	2,389	2,578
Other Investing Activities, net	-118	-34	-71	92	-147	-169	-188	-137	-41	-49
Net Cash From Financing Activities	1,543	2,991	6,890	478	2,335	2,446	5,038	762	459	741
Net Cash From Continuing Financing Activities	1,543	3,170	6,890	478	2,335	2,521	5,038	762	459	1,481
Repayment of Debt	-1,436	-2,810	-3,172	-2,567	-419	-3,873	-4,821	-4,127	-3,463	-6,283
Payment of Dividends	-836	-845	-930	-946	-947	-959	-1,058	-1,057	-1,061	-1,059
Issuance of Debt	1,915	3,054	7,355	4,548	-	6,875	11,219	6,150	4,484	6,511
Issuance of Common Equity	1,457	56	2,502	1.00	2,002	9.00	6.00	-40	27	55
Other Financing Activities, net	443	3,715	1,135	-558	1,699	469	-308	-164	472	2,257
Other Net Changes in Cash	-2.00	-2.00	2.00	-2.00	-12	8.00	-1.00	-1.00	2.00	-14
Cash Interest Paid	162	547	549	602	646	666	519	487	918	813

This table presents NextEra Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	82,479	89,993	97,963	103,702	117,691	127,684	140,912	158,935	177,489	190,144
Total Current Assets	6,795	7,409	7,181	6,393	7,408	7,382	9,288	13,490	15,361	11,951
Cash & Equivalents	571	1,292	1,714	638	600	1,105	639	1,601	2,690	1,487
Accounts Receivable	2,265	2,439	2,737	2,969	2,807	2,974	4,108	5,093	4,553	4,516
Inventories, net	1,259	1,289	1,273	1,223	1,328	1,552	1,561	1,934	2,106	2,214
Other Current Assets	2,700	2,389	1,457	1,563	2,673	1,751	2,980	4,862	6,012	3,734
Plant, Property, & Equipment, net	94,907	102,921	72,289	70,334	82,010	91,803	99,348	111,059	125,776	138,852
Total Noncurrent Assets	14,298	15,672	18,493	26,975	28,273	28,499	32,276	34,386	36,352	39,341
Long-Term Investments	1,786	2,482	2,321	6,748	7,453	5,728	6,159	6,582	6,156	6,118
Goodwill	-	-	-	891	4,204	4,254	4,844	4,854	5,091	4,866
Employee Benefit Assets	1,155	1,177	1,427	1,284	1,437	1,707	2,243	1,832	2,112	2,496
Other Noncurrent Operating Assets	11,357	12,013	14,745	18,052	15,179	16,810	19,030	21,118	22,993	25,861
Total Liabilities & Shareholders' Equity	82,479	89,993	97,963	103,702	117,691	127,684	140,912	158,935	177,489	190,144
Total Liabilities	59,367	64,662	68,432	65,821	75,844	82,755	95,243	109,499	118,465	129,283
Total Current Liabilities	10,107	10,919	11,243	17,563	13,853	15,558	17,437	26,695	27,963	25,355
Short-Term Debt	3,006	3,022	3,615	10,930	5,040	6,147	3,867	9,710	11,806	9,948
Accounts Payable	2,529	3,447	3,235	2,386	3,631	4,615	6,935	8,312	8,504	6,982
Customer Deposits	473	470	448	445	-	474	485	560	638	694
Other Taxes Payable	449	480	621	477	558	519	525	719	970	1,016
Other Current Liabilities	2,658	3,049	3,324	3,325	4,125	3,803	5,625	7,394	6,045	6,715
Total Noncurrent Liabilities	49,260	53,743	57,189	48,258	61,991	67,197	77,806	82,804	90,502	103,928
Long-Term Debt	26,681	27,818	31,410	26,782	37,543	41,944	50,960	55,256	61,405	72,385
Asset Retirement Reserve & Litigation Obligation	7,075	7,642	11,796	12,144	13,393	13,792	14,355	12,871	13,452	14,306
Noncurrent Deferred & Payable Income Tax Liabilities	9,827	11,101	5,764	7,367	8,361	8,020	8,310	9,072	10,142	11,749
Other Noncurrent Operating Liabilities	2,535	2,526	2,816	1,965	2,694	3,441	4,181	5,605	5,503	5,488
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	0.00	468	487	0.00	245	1,110	1,256	401
Total Equity & Noncontrolling Interests	23,112	25,331	29,531	37,413	41,360	44,929	45,424	48,326	57,768	60,460
Total Preferred & Common Equity	22,574	24,341	28,236	34,144	37,005	36,513	37,202	39,229	47,468	50,101
Total Common Equity	22,574	24,341	28,236	34,144	37,005	36,513	37,202	39,229	47,468	50,101
Common Stock	8,601	8,953	9,105	10,495	11,975	11,242	11,291	12,740	17,386	17,281
Retained Earnings	14,140	15,458	19,020	23,837	25,199	25,363	25,911	26,707	30,235	32,946
Accumulated Other Comprehensive Income / (Loss)	-167	-70	111	-188	-169	-92	0.00	-218	-153	-126
Noncontrolling Interest	538	990	1,295	3,269	4,355	8,416	8,222	9,097	10,300	10,359

This table presents NextEra Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Total Assets	156,409	158,935	165,357	168,275	171,674	177,489	179,950	184,724	186,013	190,144
Total Current Assets	12,891	13,490	13,549	13,122	14,244	15,361	12,680	12,803	12,180	11,951
Cash & Equivalents	2,508	1,601	2,275	1,577	1,568	2,690	1,642	1,551	2,263	1,487
Accounts Receivable	5,329	5,093	3,932	4,594	4,961	4,553	4,123	4,664	4,349	4,516
Inventories, net	1,791	1,934	1,915	1,931	2,074	2,106	2,131	2,155	2,258	2,214
Other Current Assets	3,263	4,862	5,427	5,020	5,641	6,012	4,784	4,433	3,310	3,734
Plant, Property, & Equipment, net	108,447	111,059	114,929	117,740	120,883	125,776	129,193	133,113	134,309	138,852
Total Noncurrent Assets	35,071	34,386	36,879	37,413	36,547	36,352	38,077	38,808	39,524	39,341
Long-Term Investments	6,316	6,582	7,004	7,069	5,991	6,156	6,533	6,657	7,259	6,118
Goodwill	4,872	4,854	5,184	5,184	5,043	5,091	5,085	5,087	4,919	4,866
Employee Benefit Assets	2,341	1,832	1,881	1,929	1,974	2,112	2,135	2,186	2,237	2,496
Other Noncurrent Operating Assets	21,542	21,118	22,810	23,231	23,539	22,993	24,324	24,878	25,109	25,861
Total Liabilities & Shareholders' Equity	156,409	158,935	165,357	168,275	171,674	177,489	179,950	184,724	186,013	190,144
Total Liabilities	109,663	109,499	112,378	113,899	115,106	118,465	120,561	125,288	126,475	129,283
Total Current Liabilities	27,793	26,695	25,377	24,871	28,496	27,963	24,803	26,231	29,647	25,355
Short-Term Debt	10,155	9,710	11,634	11,191	14,139	11,806	14,069	14,139	16,667	9,948
Accounts Payable	7,149	8,312	6,499	6,225	6,662	8,504	4,285	4,390	4,884	6,982
Customer Deposits	525	560	583	596	615	638	663	671	683	694
Other Taxes Payable	1,279	719	951	1,364	1,662	970	1,160	1,510	1,758	1,016
Other Current Liabilities	8,685	7,394	5,710	5,495	5,418	6,045	4,626	5,521	5,655	6,715
Total Noncurrent Liabilities	81,870	82,804	87,001	89,028	86,610	90,502	95,758	99,057	96,828	103,928
Long-Term Debt	54,670	55,256	59,007	60,982	59,183	61,405	65,868	68,494	66,100	72,385
Asset Retirement Reserve & Litigation Obligation	12,726	12,871	13,060	13,252	12,987	13,452	13,753	13,888	14,058	14,306
Noncurrent Deferred & Payable Income Tax Liabilities	8,725	9,072	9,468	9,801	9,747	10,142	10,641	10,934	10,954	11,749
Other Noncurrent Operating Liabilities	5,749	5,605	5,466	4,993	4,693	5,503	5,496	5,741	5,716	5,488
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	0.00	1,110	856	812	318	1,256	453	0.00	0.00	401
Total Equity & Noncontrolling Interests	46,746	48,326	52,123	53,564	56,250	57,768	58,936	59,436	59,538	60,460
Total Preferred & Common Equity	38,629	39,229	42,896	44,793	47,095	47,468	48,641	49,140	50,051	50,101
Total Common Equity	38,629	39,229	42,896	44,793	47,095	47,468	48,641	49,140	50,051	50,101
Common Stock	12,714	12,740	15,234	15,282	17,338	17,386	17,363	17,303	17,380	17,281
Retained Earnings	26,029	26,707	27,862	29,711	29,984	30,235	31,445	32,008	32,802	32,946
Accumulated Other Comprehensive Income / (Loss)	-114	-218	-200	-200	-227	-153	-167	-171	-131	-126
Noncontrolling Interest	8,117	9,097	9,227	8,771	9,155	10,300	10,295	10,296	9,487	10,359

This table displays calculated financial ratios and metrics derived from NextEra Energy's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.73%	-7.71%	6.41%	-2.60%	14.81%	-6.29%	-5.16%	22.77%	34.16%	-11.95%
EBITDA Growth	-12.17%	5.16%	37.89%	-25.59%	22.72%	-4.71%	-21.29%	13.25%	94.34%	-18.73%
EBIT Growth	5.46%	3.86%	81.31%	-50.62%	36.92%	-5.53%	-35.97%	12.76%	172.85%	-25.67%
NOPAT Growth	7.98%	-4.74%	164.00%	-58.30%	40.60%	6.24%	-48.36%	33.28%	155.25%	-20.00%
Net Income Growth	11.87%	8.58%	77.49%	8.51%	-41.34%	-30.08%	19.33%	14.82%	93.53%	-9.30%
EPS Growth	8.21%	2.97%	82.53%	8.51%	-41.34%	-23.71%	22.30%	16.02%	71.43%	-6.39%
Operating Cash Flow Growth	-32.00%	4.60%	1.40%	2.09%	23.69%	-2.11%	-5.39%	9.39%	36.78%	17.33%
Free Cash Flow Firm Growth	-225.80%	49.08%	1,609.74%	-96.97%	-418.86%	-39.08%	-2.72%	-84.33%	7.92%	38.40%
Invested Capital Growth	9.77%	6.15%	-29.50%	3.46%	11.98%	12.84%	8.71%	13.36%	16.16%	9.89%
Revenue Q/Q Growth	-3.29%	-2.35%	1.83%	2.46%	1.03%	-1.06%	3.97%	5.64%	2.60%	-5.68%
EBITDA Q/Q Growth	-21.52%	2.26%	16.36%	-14.10%	0.37%	1.42%	4.82%	10.79%	7.09%	-12.29%
EBIT Q/Q Growth	-11.11%	2.82%	43.31%	-38.37%	2.47%	2.88%	10.16%	19.74%	6.81%	-18.50%
NOPAT Q/Q Growth	-11.64%	-2.78%	99.82%	-46.36%	-8.45%	7.31%	6.75%	20.16%	7.80%	-18.76%
Net Income Q/Q Growth	-11.87%	20.06%	24.87%	-23.33%	18.59%	-30.43%	67.97%	10.71%	-5.32%	-0.70%
EPS Q/Q Growth	-13.06%	18.18%	28.12%	-23.33%	18.59%	-81.41%	50.83%	8.81%	-2.97%	0.00%
Operating Cash Flow Q/Q Growth	-35.90%	-7.29%	0.84%	3.66%	7.23%	-6.56%	-0.46%	-3.75%	19.99%	-6.34%
Free Cash Flow Firm Q/Q Growth	94.46%	45.49%	609.36%	-81.63%	-109.77%	-75.78%	48.70%	-40.81%	26.78%	-191.55%
Invested Capital Q/Q Growth	3.42%	0.92%	-36.42%	-34.47%	3.19%	5.86%	0.28%	3.38%	0.86%	2.11%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	50.84%	53.40%	4.35%	48.49%	47.71%	58.48%	39.60%	38.47%	55.88%	50.86%
EBITDA Margin	44.81%	51.05%	66.16%	50.54%	54.03%	54.93%	45.59%	42.05%	60.91%	56.23%
Operating Margin	26.49%	27.63%	49.86%	25.59%	27.87%	28.43%	17.07%	19.47%	36.41%	30.21%
EBIT Margin	26.49%	29.81%	50.79%	25.75%	30.71%	30.96%	20.90%	19.19%	39.03%	32.95%
Profit (Net Income) Margin	15.80%	18.58%	31.00%	34.53%	17.64%	13.16%	16.56%	15.49%	22.34%	23.02%
Tax Burden Percent	69.22%	68.50%	69.59%	78.56%	88.32%	98.18%	89.04%	84.71%	86.20%	94.38%
Interest Burden Percent	86.14%	91.00%	87.69%	170.70%	65.05%	43.31%	89.01%	95.28%	66.41%	74.01%
Effective Tax Rate	30.78%	31.50%	5.83%	21.44%	11.68%	1.82%	10.96%	15.29%	13.80%	5.62%
Return on Invested Capital (ROIC)	3.81%	3.36%	10.12%	5.01%	6.54%	6.18%	2.88%	3.46%	7.69%	5.45%
ROIC Less NNEP Spread (ROIC-NNEP)	3.10%	3.28%	4.87%	12.25%	2.41%	-0.82%	3.41%	3.06%	3.49%	3.49%
Return on Net Nonoperating Assets (RNNOA)	8.95%	9.02%	9.29%	12.12%	1.96%	-0.72%	3.36%	3.37%	3.90%	4.05%
Return on Equity (ROE)	12.76%	12.38%	19.41%	17.14%	8.50%	5.46%	6.24%	6.83%	11.58%	9.51%
Cash Return on Invested Capital (CROIC)	-5.51%	-2.60%	44.72%	1.61%	-4.76%	-5.89%	-5.47%	-9.07%	-7.27%	-3.97%
Operating Return on Assets (OROA)	5.90%	5.58%	9.28%	4.27%	5.33%	4.54%	2.66%	2.68%	6.52%	4.44%
Return on Assets (ROA)	3.52%	3.48%	5.66%	5.73%	3.06%	1.93%	2.11%	2.17%	3.73%	3.10%
Return on Common Equity (ROCE)	12.53%	11.99%	18.60%	15.86%	7.58%	4.63%	5.08%	5.49%	9.26%	7.74%
Return on Equity Simple (ROE_SIMPLE)	12.24%	12.32%	18.85%	16.92%	9.16%	6.49%	7.60%	8.27%	13.23%	11.37%
Net Operating Profit after Tax (NOPAT)	3,206	3,054	8,064	3,363	4,728	5,023	2,594	3,457	8,824	7,059
NOPAT Margin	18.34%	18.93%	46.96%	20.10%	24.62%	27.91%	15.20%	16.50%	31.39%	28.52%
Net Nonoperating Expense Percent (NNEP)	0.71%	0.08%	5.24%	-7.23%	4.13%	7.00%	-0.52%	0.40%	4.20%	1.96%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	3.05%	6.74%	4.94%
Cost of Revenue to Revenue	49.16%	46.60%	95.65%	51.51%	52.29%	41.52%	60.40%	61.53%	44.12%	49.14%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	24.35%	25.77%	-45.51%	22.90%	19.84%	30.05%	22.54%	19.00%	19.47%	20.64%
Earnings before Interest and Taxes (EBIT)	4,632	4,811	8,723	4,307	5,897	5,571	3,567	4,022	10,974	8,157
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	7,835	8,239	11,361	8,454	10,375	9,886	7,781	8,812	17,125	13,918
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.74	1.94	2.26	2.17	2.93	3.87	4.65	4.00	2.55	2.94
Price to Tangible Book Value (P/TBV)	1.74	1.94	2.26	2.23	3.30	4.38	5.34	4.57	2.86	3.26
Price to Revenue (P/Rev)	2.25	2.93	3.72	4.44	5.64	7.84	10.13	7.49	4.31	5.96
Price to Earnings (P/E)	14.28	16.25	11.88	11.18	28.74	48.36	48.38	37.86	16.57	21.22
Dividend Yield	3.61%	3.44%	2.89%	2.86%	2.26%	1.94%	1.75%	2.15%	3.17%	2.87%
Earnings Yield	7.00%	6.15%	8.42%	8.94%	3.48%	2.07%	2.07%	2.64%	6.04%	4.71%
Enterprise Value to Invested Capital (EV/IC)	0.76	0.81	1.46	1.59	1.93	2.21	2.45	2.11	1.60	1.72
Enterprise Value to Revenue (EV/Rev)	3.84	4.67	5.60	6.47	7.69	10.60	13.44	10.69	7.01	9.41
Enterprise Value to EBITDA (EV/EBITDA)	8.57	9.14	8.47	12.81	14.23	19.30	29.48	25.42	11.50	16.73
Enterprise Value to EBIT (EV/EBIT)	14.50	15.65	11.03	25.14	25.04	34.25	64.30	55.69	17.95	28.55
Enterprise Value to NOPAT (EV/NOPAT)	20.95	24.65	11.93	32.20	31.24	37.99	88.43	64.79	22.33	32.99
Enterprise Value to Operating Cash Flow (EV/OCF)	11.03	11.82	14.90	16.42	18.11	23.90	30.37	27.11	17.43	17.57
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	2.70	100.31	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.28	1.22	1.19	1.00	1.02	1.07	1.20	1.31	1.24	1.35
Long-Term Debt to Equity	1.15	1.10	1.06	0.71	0.90	0.93	1.12	1.12	1.04	1.19
Financial Leverage	2.89	2.75	1.91	0.99	0.81	0.87	0.99	1.10	1.12	1.16
Leverage Ratio	3.63	3.56	3.43	2.99	2.78	2.83	2.96	3.15	3.10	3.07
Compound Leverage Factor	3.13	3.24	3.00	5.11	1.81	1.22	2.64	3.00	2.06	2.27
Debt to Total Capital	56.23%	54.90%	54.26%	49.89%	50.44%	51.70%	54.56%	56.79%	55.36%	57.50%
Short-Term Debt to Total Capital	5.69%	5.38%	5.60%	14.46%	5.97%	6.61%	3.85%	8.49%	8.93%	6.95%
Long-Term Debt to Total Capital	50.53%	49.52%	48.66%	35.43%	44.47%	45.09%	50.71%	48.30%	46.44%	50.55%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.02%	1.76%	2.01%	4.94%	5.73%	9.05%	8.43%	8.92%	8.74%	7.51%
Common Equity to Total Capital	42.75%	43.33%	43.74%	45.17%	43.83%	39.25%	37.02%	34.29%	35.90%	34.99%
Debt to EBITDA	3.79	3.74	3.08	4.46	4.10	4.86	7.05	7.37	4.28	5.92
Net Debt to EBITDA	3.49	3.29	2.73	3.59	3.33	4.17	6.17	6.44	3.76	5.37
Long-Term Debt to EBITDA	3.41	3.38	2.76	3.17	3.62	4.24	6.55	6.27	3.59	5.20
Debt to NOPAT	9.26	10.10	4.34	11.22	9.01	9.57	21.14	18.79	8.30	11.66
Net Debt to NOPAT	8.52	8.86	3.84	9.02	7.30	8.21	18.52	16.43	7.29	10.59
Long-Term Debt to NOPAT	8.32	9.11	3.90	7.96	7.94	8.35	19.65	15.98	6.96	10.25
Altman Z-Score	0.99	0.99	1.25	1.17	1.42	1.51	1.48	1.21	1.13	1.11
Noncontrolling Interest Sharing Ratio	1.83%	3.15%	4.17%	7.46%	10.76%	15.28%	18.64%	19.64%	20.07%	18.61%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.67	0.68	0.64	0.36	0.53	0.47	0.53	0.51	0.55	0.47
Quick Ratio	0.28	0.34	0.40	0.21	0.25	0.26	0.27	0.25	0.26	0.24
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-4,638	-2,362	35,653	1,080	-3,442	-4,787	-4,917	-9,064	-8,346	-5,141
Operating Cash Flow to CapEx	173.43%	160.96%	172.03%	115.83%	75.78%	106.24%	99.97%	86.79%	133.91%	163.40%
Free Cash Flow to Firm to Interest Expense	-3.83	-2.15	17.49	0.72	-1.53	-2.46	-3.87	-15.49	-2.51	-2.30
Operating Cash Flow to Interest Expense	5.03	5.80	3.17	4.40	3.63	4.09	5.95	14.12	3.40	5.93
Operating Cash Flow Less CapEx to Interest Expense	2.13	2.20	1.33	0.60	-1.16	0.24	0.00	-2.15	0.86	2.30
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.22	0.19	0.18	0.17	0.17	0.15	0.13	0.14	0.17	0.13
Accounts Receivable Turnover	7.91	6.86	6.64	5.86	6.65	6.23	4.82	4.56	5.83	5.46
Inventory Turnover	6.74	5.90	12.82	6.90	7.87	5.19	6.62	7.38	6.14	5.63
Fixed Asset Turnover	0.19	0.16	0.20	0.23	0.25	0.21	0.18	0.20	0.24	0.19
Accounts Payable Turnover	4.43	2.52	4.92	3.07	3.34	1.81	1.79	1.69	1.48	1.57
Days Sales Outstanding (DSO)	46.17	53.20	55.01	62.26	54.89	58.62	75.72	80.13	62.62	66.86
Days Inventory Outstanding (DIO)	54.16	61.83	28.46	52.87	46.37	70.33	55.11	49.47	59.45	64.81
Days Payable Outstanding (DPO)	82.44	145.01	74.24	119.06	109.36	201.38	204.47	215.80	247.43	232.34
Cash Conversion Cycle (CCC)	17.89	-29.99	9.23	-3.94	-8.11	-72.42	-73.64	-86.21	-125.37	-100.66
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	88,097	93,513	65,924	68,207	76,377	86,187	93,698	106,219	123,389	135,589
Invested Capital Turnover	0.21	0.18	0.22	0.25	0.27	0.22	0.19	0.21	0.24	0.19
Increase / (Decrease) in Invested Capital	7,844	5,416	-27,589	2,283	8,170	9,810	7,511	12,521	17,170	12,200
Enterprise Value (EV)	67,179	75,292	96,193	108,284	147,674	190,823	229,353	223,988	197,016	232,912
Market Capitalization	39,311	47,236	63,908	74,221	108,302	141,149	172,857	156,998	121,095	147,424
Book Value per Share	$49.02	$52.09	$60.03	$71.44	$75.71	$74.55	$18.96	$19.74	$23.14	$24.36
Tangible Book Value per Share	$49.02	$52.09	$60.03	$69.57	$67.11	$65.87	$16.49	$17.30	$20.65	$22.00
Total Capital	52,799	56,171	64,556	75,593	84,430	93,020	100,496	114,402	132,235	143,194
Total Debt	29,687	30,840	35,025	37,712	42,583	48,091	54,827	64,966	73,211	82,333
Total Long-Term Debt	26,681	27,818	31,410	26,782	37,543	41,944	50,960	55,256	61,405	72,385
Net Debt	27,330	27,066	30,990	30,326	34,530	41,258	48,029	56,783	64,365	74,728
Capital Expenditures (CapEx)	3,511	3,957	3,754	5,692	10,762	7,514	7,555	9,519	8,439	8,115
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-877	-1,780	-2,161	-878	-2,005	-3,134	-4,921	-5,096	-3,486	-4,943
Debt-free Net Working Capital (DFNWC)	-306	-488	-447	-240	-1,405	-2,029	-4,282	-3,495	-796	-3,456
Net Working Capital (NWC)	-3,312	-3,510	-4,062	-11,170	-6,445	-8,176	-8,149	-13,205	-12,602	-13,404
Net Nonoperating Expense (NNE)	444	55	2,741	-2,413	1,340	2,654	-233	211	2,542	1,361
Net Nonoperating Obligations (NNO)	64,985	68,182	36,393	30,326	34,530	41,258	48,029	56,783	64,365	74,728
Total Depreciation and Amortization (D&A)	3,203	3,428	2,638	4,147	4,478	4,315	4,214	4,790	6,151	5,761
Debt-free, Cash-free Net Working Capital to Revenue	-5.02%	-11.03%	-12.58%	-5.25%	-10.44%	-17.41%	-28.83%	-24.32%	-12.40%	-19.97%
Debt-free Net Working Capital to Revenue	-1.75%	-3.02%	-2.60%	-1.43%	-7.32%	-11.27%	-25.09%	-16.68%	-2.83%	-13.96%
Net Working Capital to Revenue	-18.94%	-21.75%	-23.65%	-66.78%	-33.56%	-45.43%	-47.74%	-63.01%	-44.82%	-54.15%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.53	$0.00	$2.87	$3.51	$1.96	$1.49	$1.82	$2.10	$3.61	$3.38
Adjusted Weighted Average Basic Shares Outstanding	1.80B	1.85B	1.88B	1.89B	1.96B	1.96B	1.96B	1.99B	2.05B	2.06B
Adjusted Diluted Earnings per Share	$1.52	$0.00	$2.85	$3.47	$1.94	$1.48	$1.81	$2.10	$3.60	$3.37
Adjusted Weighted Average Diluted Shares Outstanding	1.82B	1.86B	1.89B	1.91B	1.96B	1.96B	1.96B	1.99B	2.05B	2.06B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.84B	1.87B	1.88B	1.91B	1.96B	1.96B	1.96B	1.99B	2.05B	2.06B
Normalized Net Operating Profit after Tax (NOPAT)	3,229	2,846	7,502	3,300	4,369	4,676	2,525	3,015	8,475	6,727
Normalized NOPAT Margin	18.46%	17.63%	43.69%	19.73%	22.75%	25.98%	14.79%	14.39%	30.14%	27.18%
Pre Tax Income Margin	22.82%	27.13%	44.54%	43.95%	19.98%	13.41%	18.60%	18.29%	25.92%	24.39%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.82	4.38	4.28	2.88	2.62	2.86	2.81	6.88	3.30	3.65
NOPAT to Interest Expense	2.65	2.78	3.95	2.24	2.10	2.58	2.04	5.91	2.65	3.16
EBIT Less CapEx to Interest Expense	0.93	0.78	2.44	-0.92	-2.16	-1.00	-3.14	-9.40	0.76	0.02
NOPAT Less CapEx to Interest Expense	-0.25	-0.82	2.11	-1.56	-2.68	-1.28	-3.91	-10.36	0.12	-0.47
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	50.14%	53.75%	34.66%	36.37%	71.07%	115.79%	106.97%	103.27%	60.20%	74.32%
Augmented Payout Ratio	50.14%	53.75%	34.66%	36.37%	71.07%	119.67%	106.97%	103.27%	60.20%	74.32%

This table displays calculated financial ratios and metrics derived from NextEra Energy's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	53.75%	22.16%	132.39%	41.79%	6.74%	11.57%	-14.67%	-17.42%	5.51%	-21.68%
EBITDA Growth	84.89%	32.70%	2,411.59%	131.56%	20.96%	32.57%	-22.29%	-28.46%	24.01%	-42.27%
EBIT Growth	317.37%	42.18%	505.28%	313.54%	0.37%	31.32%	-31.40%	-40.79%	66.14%	-63.10%
NOPAT Growth	270.83%	53.30%	545.88%	212.64%	24.66%	38.13%	-25.51%	-25.07%	48.07%	-64.98%
Net Income Growth	412.83%	32.95%	357.58%	130.37%	-34.64%	-27.86%	8.52%	-49.45%	56.13%	-4.38%
EPS Growth	273.91%	26.23%	552.17%	97.14%	-30.23%	-24.68%	5.77%	-42.75%	50.00%	0.00%
Operating Cash Flow Growth	-9.74%	-24.45%	-14.73%	9.01%	48.10%	189.25%	83.92%	27.45%	16.51%	-31.17%
Free Cash Flow Firm Growth	33.00%	-68.91%	-138.66%	-137.17%	-127.25%	-36.98%	1.30%	12.84%	56.94%	23.53%
Invested Capital Growth	9.97%	13.36%	18.22%	18.78%	19.06%	16.16%	14.70%	13.53%	8.54%	9.89%
Revenue Q/Q Growth	29.64%	-8.26%	8.96%	9.43%	-2.41%	-4.11%	-16.66%	5.90%	24.68%	-28.82%
EBITDA Q/Q Growth	66.84%	7.80%	18.29%	8.84%	-12.85%	18.15%	-30.65%	0.19%	51.08%	-44.99%
EBIT Q/Q Growth	164.32%	19.26%	44.34%	-9.11%	-35.85%	56.03%	-24.60%	-21.55%	80.01%	-65.34%
NOPAT Q/Q Growth	105.68%	5.37%	48.83%	-3.07%	-17.99%	16.75%	-19.74%	-2.50%	62.06%	-72.39%
Net Income Q/Q Growth	40.07%	-18.73%	40.88%	43.64%	-60.26%	-10.30%	111.93%	-33.09%	22.76%	-45.07%
EPS Q/Q Growth	22.86%	-10.47%	35.06%	32.69%	-56.52%	-3.33%	89.66%	-28.18%	13.92%	-35.56%
Operating Cash Flow Q/Q Growth	-12.61%	-59.78%	68.14%	84.46%	18.73%	-21.45%	6.91%	27.82%	8.54%	-53.60%
Free Cash Flow Firm Q/Q Growth	-13.12%	-40.20%	-39.56%	-7.15%	-8.39%	15.49%	-0.56%	5.38%	46.45%	-50.08%
Invested Capital Q/Q Growth	3.51%	3.38%	7.65%	3.12%	3.76%	0.86%	6.29%	2.07%	-0.81%	2.11%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	44.35%	39.11%	56.08%	58.33%	52.79%	56.30%	49.78%	50.26%	56.39%	44.91%
EBITDA Margin	48.07%	56.49%	61.33%	61.00%	54.48%	67.12%	55.85%	52.84%	64.03%	49.48%
Operating Margin	27.71%	33.19%	43.81%	38.09%	25.60%	38.68%	35.12%	27.52%	37.74%	17.45%
EBIT Margin	27.89%	36.26%	48.03%	39.90%	26.23%	42.68%	38.61%	28.60%	41.30%	20.11%
Profit (Net Income) Margin	23.20%	20.55%	26.58%	34.89%	14.21%	13.29%	33.80%	21.35%	21.03%	16.23%
Tax Burden Percent	82.84%	79.44%	82.22%	83.76%	104.73%	84.40%	89.51%	105.19%	99.69%	83.64%
Interest Burden Percent	100.43%	71.36%	67.30%	104.40%	51.73%	36.90%	97.79%	70.97%	51.07%	96.49%
Effective Tax Rate	17.16%	20.56%	17.78%	16.24%	-4.73%	15.60%	10.49%	-5.19%	0.31%	16.36%
Return on Invested Capital (ROIC)	4.64%	5.53%	8.46%	7.92%	6.53%	7.99%	6.95%	5.94%	7.74%	2.79%
ROIC Less NNEP Spread (ROIC-NNEP)	4.67%	4.84%	7.34%	8.29%	5.04%	5.80%	7.15%	5.28%	5.93%	2.92%
Return on Net Nonoperating Assets (RNNOA)	5.35%	5.34%	8.60%	9.90%	5.94%	6.48%	8.47%	6.40%	7.10%	3.38%
Return on Equity (ROE)	9.99%	10.87%	17.06%	17.81%	12.47%	14.47%	15.42%	12.34%	14.85%	6.17%
Cash Return on Invested Capital (CROIC)	-6.56%	-9.07%	-10.71%	-9.84%	-10.13%	-7.27%	-6.99%	-6.52%	-1.38%	-3.97%
Operating Return on Assets (OROA)	3.74%	5.07%	7.67%	6.72%	4.38%	7.13%	6.07%	4.19%	6.06%	2.71%
Return on Assets (ROA)	3.11%	2.87%	4.25%	5.88%	2.37%	2.22%	5.31%	3.13%	3.09%	2.19%
Return on Common Equity (ROCE)	8.22%	8.73%	13.82%	14.62%	10.35%	11.57%	12.56%	10.18%	12.42%	5.02%
Return on Equity Simple (ROE_SIMPLE)	7.59%	0.00%	13.34%	16.02%	14.09%	0.00%	13.23%	10.51%	11.46%	0.00%
Net Operating Profit after Tax (NOPAT)	1,542	1,625	2,419	2,345	1,923	2,245	1,802	1,757	2,847	786
NOPAT Margin	22.96%	26.37%	36.02%	31.90%	26.81%	32.64%	31.44%	28.95%	37.62%	14.60%
Net Nonoperating Expense Percent (NNEP)	-0.03%	0.68%	1.11%	-0.37%	1.48%	2.20%	-0.20%	0.67%	1.81%	-0.13%
Return On Investment Capital (ROIC_SIMPLE)	-	1.43%	-	-	-	1.71%	-	-	-	0.55%
Cost of Revenue to Revenue	55.65%	60.89%	43.93%	41.67%	47.21%	43.70%	50.22%	49.74%	43.61%	55.09%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	16.64%	5.92%	12.27%	20.25%	27.19%	17.62%	14.66%	22.74%	18.65%	27.46%
Earnings before Interest and Taxes (EBIT)	1,874	2,235	3,226	2,932	1,881	2,935	2,213	1,736	3,125	1,083
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3,230	3,482	4,119	4,483	3,907	4,616	3,201	3,207	4,845	2,665
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.86	4.00	3.46	3.25	2.39	2.55	2.70	2.96	3.47	2.94
Price to Tangible Book Value (P/TBV)	4.42	4.57	3.94	3.68	2.68	2.86	3.01	3.30	3.85	3.26
Price to Revenue (P/Rev)	7.51	7.49	6.00	5.40	4.11	4.31	4.83	5.63	6.62	5.96
Price to Earnings (P/E)	38.93	37.86	22.23	17.98	14.76	16.57	17.50	23.02	24.99	21.22
Dividend Yield	2.19%	2.15%	2.33%	2.48%	3.29%	3.17%	3.00%	2.78%	2.38%	2.87%
Earnings Yield	2.57%	2.64%	4.50%	5.56%	6.78%	6.04%	5.71%	4.34%	4.00%	4.71%
Enterprise Value to Invested Capital (EV/IC)	2.07	2.11	1.92	1.86	1.53	1.60	1.63	1.72	1.93	1.72
Enterprise Value to Revenue (EV/Rev)	10.75	10.69	8.88	8.12	6.85	7.01	7.87	8.91	9.77	9.41
Enterprise Value to EBITDA (EV/EBITDA)	26.80	25.42	17.24	14.28	11.74	11.50	13.18	15.42	16.16	16.73
Enterprise Value to EBIT (EV/EBIT)	63.47	55.69	27.35	21.30	18.27	17.95	21.45	26.26	25.62	28.55
Enterprise Value to NOPAT (EV/NOPAT)	74.11	64.79	34.78	27.52	22.93	22.33	25.97	29.70	29.52	32.99
Enterprise Value to Operating Cash Flow (EV/OCF)	24.84	27.11	27.60	26.58	19.93	17.43	16.82	16.99	18.12	17.57
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.39	1.31	1.33	1.33	1.30	1.24	1.35	1.39	1.39	1.35
Long-Term Debt to Equity	1.17	1.12	1.11	1.12	1.05	1.04	1.11	1.15	1.11	1.19
Financial Leverage	1.14	1.10	1.17	1.19	1.18	1.12	1.18	1.21	1.20	1.16
Leverage Ratio	3.23	3.15	3.19	3.23	3.18	3.10	3.07	3.10	3.08	3.07
Compound Leverage Factor	3.25	2.25	2.15	3.38	1.64	1.14	3.01	2.20	1.57	2.96
Debt to Total Capital	58.10%	56.79%	57.14%	57.03%	56.45%	55.36%	57.37%	58.16%	58.16%	57.50%
Short-Term Debt to Total Capital	9.10%	8.49%	9.41%	8.84%	10.89%	8.93%	10.10%	9.95%	11.71%	6.95%
Long-Term Debt to Total Capital	49.00%	48.30%	47.73%	48.19%	45.56%	46.44%	47.28%	48.21%	46.45%	50.55%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	7.28%	8.92%	8.16%	7.57%	7.29%	8.74%	7.71%	7.25%	6.67%	7.51%
Common Equity to Total Capital	34.62%	34.29%	34.70%	35.40%	36.26%	35.90%	34.91%	34.59%	35.17%	34.99%
Debt to EBITDA	8.15	7.37	5.53	4.71	4.59	4.28	4.93	5.53	5.22	5.92
Net Debt to EBITDA	7.04	6.44	4.81	4.15	4.11	3.76	4.43	4.98	4.62	5.37
Long-Term Debt to EBITDA	6.87	6.27	4.62	3.98	3.70	3.59	4.06	4.59	4.17	5.20
Debt to NOPAT	22.53	18.79	11.17	9.08	8.96	8.30	9.72	10.66	9.53	11.66
Net Debt to NOPAT	19.47	16.43	9.70	7.99	8.03	7.29	8.72	9.60	8.43	10.59
Long-Term Debt to NOPAT	19.00	15.98	9.33	7.67	7.23	6.96	8.01	8.84	7.61	10.25
Altman Z-Score	1.10	1.17	1.16	1.15	0.93	0.98	1.01	1.02	1.15	0.99
Noncontrolling Interest Sharing Ratio	17.70%	19.64%	18.97%	17.93%	17.03%	20.07%	18.54%	17.47%	16.33%	18.61%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.46	0.51	0.53	0.53	0.50	0.55	0.51	0.49	0.41	0.47
Quick Ratio	0.28	0.25	0.24	0.25	0.23	0.26	0.23	0.24	0.22	0.24
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-7,772	-10,896	-15,206	-16,293	-17,661	-14,925	-15,008	-14,201	-7,605	-11,414
Operating Cash Flow to CapEx	122.84%	32.66%	74.45%	126.48%	138.74%	141.43%	132.17%	192.98%	216.48%	111.48%
Free Cash Flow to Firm to Interest Expense	-30.01	-15.91	-12.85	-120.69	-679.28	-7.54	-46.46	-17.32	-4.19	0.00
Operating Cash Flow to Interest Expense	9.55	1.45	1.41	22.86	140.92	1.45	9.53	4.80	2.35	0.00
Operating Cash Flow Less CapEx to Interest Expense	1.78	-3.00	-0.49	4.79	39.35	0.43	2.32	2.31	1.26	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.13	0.14	0.16	0.17	0.17	0.17	0.16	0.15	0.15	0.13
Accounts Receivable Turnover	4.32	4.56	6.03	5.54	5.33	5.83	6.74	5.58	5.64	5.46
Inventory Turnover	6.50	7.38	7.72	7.56	6.81	6.14	6.10	6.01	5.63	5.63
Fixed Asset Turnover	0.19	0.20	0.23	0.24	0.24	0.24	0.22	0.21	0.21	0.19
Accounts Payable Turnover	1.82	1.69	2.18	1.95	1.90	1.48	2.29	2.32	2.11	1.57
Days Sales Outstanding (DSO)	84.52	80.13	60.56	65.86	68.53	62.62	54.19	65.36	64.74	66.86
Days Inventory Outstanding (DIO)	56.14	49.47	47.26	48.29	53.64	59.45	59.88	60.68	64.79	64.81
Days Payable Outstanding (DPO)	200.18	215.80	167.30	186.73	191.66	247.43	159.60	157.65	172.69	232.34
Cash Conversion Cycle (CCC)	-59.52	-86.21	-59.48	-72.58	-69.49	-125.37	-45.54	-31.60	-43.16	-100.66
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	102,747	106,219	114,341	117,903	122,331	123,389	131,151	133,861	132,783	135,589
Invested Capital Turnover	0.20	0.21	0.23	0.25	0.24	0.24	0.22	0.21	0.21	0.19
Increase / (Decrease) in Invested Capital	9,314	12,521	17,625	18,638	19,584	17,170	16,810	15,958	10,452	12,200
Enterprise Value (EV)	213,193	223,988	220,040	218,729	187,735	197,016	213,635	230,203	256,471	232,912
Market Capitalization	149,075	156,998	148,595	145,619	112,499	121,095	131,125	145,482	173,739	147,424
Book Value per Share	$19.66	$19.74	$21.58	$22.14	$23.27	$23.14	$23.68	$23.92	$24.35	$24.36
Tangible Book Value per Share	$17.18	$17.30	$18.97	$19.58	$20.78	$20.65	$21.20	$21.44	$21.96	$22.00
Total Capital	111,571	114,402	123,620	126,549	129,890	132,235	139,326	142,069	142,305	143,194
Total Debt	64,825	64,966	70,641	72,173	73,322	73,211	79,937	82,633	82,767	82,333
Total Long-Term Debt	54,670	55,256	59,007	60,982	59,183	61,405	65,868	68,494	66,100	72,385
Net Debt	56,001	56,783	61,362	63,527	65,763	64,365	71,762	74,425	73,245	74,728
Capital Expenditures (CapEx)	2,014	3,047	2,247	2,440	2,641	2,035	2,328	2,038	1,972	1,777
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-7,255	-5,096	-2,469	-2,135	-1,681	-3,486	304	-840	-3,063	-4,943
Debt-free Net Working Capital (DFNWC)	-4,747	-3,495	-194	-558	-113	-796	1,946	711	-800	-3,456
Net Working Capital (NWC)	-14,902	-13,205	-11,828	-11,749	-14,252	-12,602	-12,123	-13,428	-17,467	-13,404
Net Nonoperating Expense (NNE)	-17	358	634	-219	904	1,331	-135	461	1,256	-88
Net Nonoperating Obligations (NNO)	56,001	56,783	61,362	63,527	65,763	64,365	71,762	74,425	73,245	74,728
Total Depreciation and Amortization (D&A)	1,356	1,247	893	1,551	2,026	1,681	988	1,471	1,720	1,582
Debt-free, Cash-free Net Working Capital to Revenue	-36.57%	-24.32%	-9.96%	-7.92%	-6.13%	-12.40%	1.12%	-3.25%	-11.67%	-19.97%
Debt-free Net Working Capital to Revenue	-23.93%	-16.68%	-0.78%	-2.07%	-0.41%	-2.83%	7.17%	2.75%	-3.05%	-13.96%
Net Working Capital to Revenue	-75.12%	-63.01%	-47.73%	-43.60%	-52.01%	-44.82%	-44.69%	-51.95%	-66.56%	-54.15%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.86	$0.77	$1.04	$1.38	$0.60	$0.59	$1.11	$0.79	$0.90	$0.58
Adjusted Weighted Average Basic Shares Outstanding	1.99B	1.99B	2.02B	2.02B	2.05B	2.05B	2.05B	2.06B	2.06B	2.06B
Adjusted Diluted Earnings per Share	$0.86	$0.77	$1.04	$1.38	$0.60	$0.58	$1.10	$0.79	$0.90	$0.58
Adjusted Weighted Average Diluted Shares Outstanding	1.99B	1.99B	2.02B	2.02B	2.05B	2.05B	2.05B	2.06B	2.06B	2.06B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.77	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.99B	1.99B	2.02B	2.02B	2.05B	2.05B	2.05B	2.06B	2.06B	2.06B
Normalized Net Operating Profit after Tax (NOPAT)	1,401	1,366	2,421	2,340	1,280	1,912	1,750	1,149	2,617	758
Normalized NOPAT Margin	20.85%	22.15%	36.04%	31.83%	17.85%	27.81%	30.53%	18.93%	34.58%	14.07%
Pre Tax Income Margin	28.01%	25.88%	32.33%	41.65%	13.57%	15.75%	37.76%	20.30%	21.09%	19.40%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.24	3.26	2.73	21.72	72.35	1.48	6.85	2.12	1.72	0.00
NOPAT to Interest Expense	5.96	2.37	2.04	17.37	73.95	1.13	5.58	2.14	1.57	0.00
EBIT Less CapEx to Interest Expense	-0.54	-1.19	0.83	3.64	-29.23	0.45	-0.36	-0.37	0.63	0.00
NOPAT Less CapEx to Interest Expense	-1.82	-2.08	0.15	-0.71	-27.62	0.11	-1.63	-0.34	0.48	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	111.32%	103.27%	60.20%	49.57%	55.28%	60.20%	60.77%	77.84%	72.06%	74.32%
Augmented Payout Ratio	111.32%	103.27%	60.20%	49.57%	55.28%	60.20%	60.77%	77.84%	72.06%	74.32%

Frequently Asked Questions About NextEra Energy's Financials

When does NextEra Energy's financial year end?

According to the most recent income statement we have on file, NextEra Energy's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has NextEra Energy's net income changed over the last 9 years?

NextEra Energy's net income appears to be on an upward trend, with a most recent value of $5.70 billion in 2024, rising from $2.76 billion in 2015. The previous period was $6.28 billion in 2023.

What is NextEra Energy's operating income?

NextEra Energy's total operating income in 2024 was $7.48 billion, based on the following breakdown:

Total Gross Profit: $12.59 billion
Total Operating Expenses: $5.11 billion

How has NextEra Energy revenue changed over the last 9 years?

Over the last 9 years, NextEra Energy's total revenue changed from $17.49 billion in 2015 to $24.75 billion in 2024, a change of 41.6%.

How much debt does NextEra Energy have?

NextEra Energy's total liabilities were at $129.28 billion at the end of 2024, a 9.1% increase from 2023, and a 117.8% increase since 2015.

How much cash does NextEra Energy have?

In the past 9 years, NextEra Energy's cash and equivalents has ranged from $571 million in 2015 to $2.69 billion in 2023, and is currently $1.49 billion as of their latest financial filing in 2024.

How has NextEra Energy's book value per share changed over the last 9 years?

Over the last 9 years, NextEra Energy's book value per share changed from 49.02 in 2015 to 24.36 in 2024, a change of -50.3%.

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This page (NYSE:NEE) was last updated on 4/13/2025 by MarketBeat.com Staff

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NextEra Energy (NEE) Financials

Frequently Asked Questions About NextEra Energy's Financials

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NextEra Energy (NEE) Financials

Annual Income Statements for NextEra Energy

Quarterly Income Statements for NextEra Energy

Annual Cash Flow Statements for NextEra Energy

Quarterly Cash Flow Statements for NextEra Energy

Annual Balance Sheets for NextEra Energy

Quarterly Balance Sheets for NextEra Energy

Annual Metrics and Ratios for NextEra Energy

Quarterly Metrics and Ratios for NextEra Energy

Frequently Asked Questions About NextEra Energy's Financials

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