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NextEra Energy Inc Stock Research

NEE

76.23USD+0.71(+0.94%)Market Closed

Market Summary

USD76.23+0.71
Market Closed
0.94%

NEE Alerts

NEE Stock Price

NEE RSI Chart

NEE Valuation

Market Cap

151.5B

Price/Earnings (Trailing)

36.52

Price/Sales (Trailing)

7.23

EV/EBITDA

15.43

Price/Free Cashflow

18.33

NEE Price/Sales (Trailing)

NEE Profitability

EBT Margin

18.29%

Return on Equity

10.57%

Return on Assets

2.61%

Free Cashflow Yield

5.45%

NEE Fundamentals

NEE Revenue

Revenue (TTM)

21.0B

Revenue Y/Y

22.16%

Revenue Q/Q

-8.26%

NEE Earnings

Earnings (TTM)

4.1B

Earnings Y/Y

26.41%

Earnings Q/Q

-10.26%

Price Action

52 Week Range

66.1890.60
(Low)(High)

Last 7 days

1.7%

Last 30 days

-0.1%

Last 90 days

-12.0%

Trailing 12 Months

-6.4%

NEE Financial Health

Current Ratio

0.51

NEE Investor Care

Dividend Yield

2.23%

Dividend/Share (TTM)

1.7

Shares Dilution (1Y)

1.22%

Diluted EPS (TTM)

2.1

Peers (Alternatives to NextEra Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
NEE
151.5B
21.0B
 -0.13% -6.43%
36.52
7.23
 22.77% 16.06%
AEP
47.3B
19.6B
 1.65% -1.22%
20.5
2.41
 16.96% -7.33%
ES
26.8B
12.3B
 -4.32% -8.73%
18.95
2.18
 24.60% 15.01%
ETR
21.5B
13.8B
 -0.70% -2.94%
19.53
1.56
 17.21% -1.37%
AGR
15.4B
7.9B
 -2.86% -10.24%
17.46
1.94
 13.61% 24.61%
MID-CAP
PNW
8.9B
4.3B
 4.77% 9.89%
17.79
2.06
 13.68% -21.25%
NRG
7.3B
31.5B
 -13.33% -18.67%
5.94
0.23
 16.87% -44.17%
OGE
7.2B
3.4B
 -8.04% -4.74%
10.86
2.14
 -7.61% -9.71%
IDA
5.4B
1.6B
 2.19% -2.54%
21.04
3.31
 12.75% 5.47%
HE
4.1B
3.7B
 -13.27% -8.92%
17.07
1.11
 31.28% -2.03%
SJW
2.3B
620.7M
 -1.69% 15.73%
31.49
3.75
 8.19% 22.07%
SMALL-CAP
MSEX
1.4B
162.4M
 -11.55% -24.16%
31.93
8.34
 13.48% 16.11%
UTL
886.7M
563.2M
 5.51% 11.70%
21.42
1.57
 18.99% 14.68%
GNE
278.1M
364.5M
 -21.32% 49.86%
2.8
0.76
 3.55% 9592.01%

Financials for NextEra Energy

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue5.6%20,95619,83817,48916,23317,069
Operating Expenses4.2%17,39716,70015,67614,85014,233
EBITDA1.9%9,7109,5305,7578,422-
EBITDA Margin-3.5%0.46*0.48*0.35*0.49*-
Earnings Before Taxes10.9%3,8323,4541,8493743,175
EBT Margin5.0%0.18*0.17*0.11*0.02*-
Interest Expenses-22.8%1,3751,7801,323--
Net Income8.3%4,1473,8292,5801,4563,573
Net Income Margin2.5%0.20*0.19*0.15*0.09*-
Free Cahsflow-3.8%8,2628,5848,8518,223-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.6%158,935156,409151,770144,945140,912
  Current Assets4.6%13,49012,89114,33210,9889,288
    Cash Equivalents-36.2%1,6012,5082,8611,477639
  Inventory8.0%1,9341,7911,6421,5861,561
  Net PPE2.4%111,059108,447105,393101,93599,348
  Goodwill-0.4%4,8544,8724,8434,8444,844
Liabilities-0.1%109,499109,663107,163100,69395,243
  Current Liabilities-4.0%26,69527,79326,82122,42317,437
    LT Debt, Current-9.0%6,6337,2927,2505,5641,785
    LT Debt, Non Current1.1%55,25654,67053,38250,97450,960
Shareholder's Equity1.6%39,22938,62944,55444,04937,202
  Retained Earnings2.6%26,70726,02925,16924,62525,911
  Additional Paid-In Capital0.2%12,72012,69411,30911,26211,271
Shares Outstanding0%1,9871,9871,9651,9641,963
Minority Interest12.1%9,0978,1178,1158,1628,222
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-3.8%8,2628,5848,8518,2237,553
Cashflow From Investing-17.7%-18,359-15,595-14,738-13,864-13,591
Cashflow From Financing22.5%12,2299,9798,9536,2175,807
  Dividend Payments2.7%3,3523,2643,1843,1053,024

Risks for NEE

What is the probability of a big loss on NEE?

42.7%

Probability that NextEra Energy stock will be more than 20% underwater in next one year

18.5%

Probability that NextEra Energy stock will be more than 30% underwater in next one year.

0%

Probability that NextEra Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NEE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if NextEra Energy was unfortunately bought at previous high price.

Drawdowns

Returns for NEE

Cumulative Returns on NEE

18.0%

10-Year Cumulative Returns

17.2%

7-Year Cumulative Returns

15.8%

5-Year Cumulative Returns

13.0%

3-Year Cumulative Returns

What are the long-term rolling returns for NEE?

FIve years rolling returns for NextEra Energy.

Annualized Returns

Which funds bought or sold NEE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-4.79
280,255
18,873,300
 0.53%
2023-03-13
Claro Advisors LLC
added
377
1,323,490
1,642,490
 0.54%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
new
-
10,038,000
10,038,000
 0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
2.67
5,089,850
58,837,800
 0.06%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.86
1,742,480
58,245,500
 0.06%
2023-03-10
BAILLIE GIFFORD & CO
reduced
-60.22
-10,797,500
7,952,530
 0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-1.14
337,632
49,545,600
 0.05%
2023-03-10
MATHER GROUP, LLC.
reduced
-5.67
7,215
1,122,220
 0.02%
2023-03-08
Capital Asset Advisory Services LLC
added
31.08
229,027
802,027
 0.06%
2023-03-07
Great Lakes Retirement, Inc.
new
-
497,724
497,724
 0.13%

1–10 of 47

Latest Funds Activity

Are funds buying NEE calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own NEE
No. of Funds

NEE Alerts

NextEra Energy News

Industry Leaders Magazine

5 Renewable Energy Company Stocks at the Forefront of the Energy Revolution.

Industry Leaders Magazine,
3 hours ago

MarketBeat

State of Alaska Department of Revenue Raises Holdings in NextEra ....

MarketBeat,
18 hours ago

MarketWatch

Buffett loves cash dividends and here’s why you should too – plus 8 stocks with higher yield to get you started..

MarketWatch,
40 hours ago

Seeking Alpha

NextEra Energy: The Growth Priced In By The Market Is Too High ....

Seeking Alpha,
43 hours ago

Nasdaq

3 Stocks I Bought This Week.

Nasdaq,
45 hours ago

MarketWatch

Xcel Energy Inc. stock falls Friday, still outperforms market.

MarketWatch,
2 days ago

MarketWatch

Pinnacle West Capital Corp. stock falls Friday, underperforms market.

MarketWatch,
2 days ago

MarketWatch

Eversource Energy stock underperforms Friday when compared to competitors.

MarketWatch,
2 days ago

Nasdaq

Is NextEra Energy Stock a Buy?.

Nasdaq,
2 days ago

Nasdaq

Duke Energy (DUK) to Build First Floating Solar Plant in Florida.

Nasdaq,
2 days ago

Nasdaq

Best Stocks to Beat the Market, 3/17/23.

Nasdaq,
3 days ago

Nasdaq

NextEra Energy (NEE) Gains As Market Dips: What You Should Know.

Nasdaq,
4 days ago

MarketWatch

DTE Energy Co. stock rises Wednesday, outperforms market.

MarketWatch,
4 days ago

Nasdaq

ChatGPT Says These 7 Stocks Could Be the Next Trillion-Dollar ....

Nasdaq,
4 days ago

Nasdaq

XLU, NEE, DUK, SO: ETF Inflow Alert.

Nasdaq,
4 days ago

Nasdaq

This Renewables Theme Is Down Despite Many Tailwinds. Time To ....

Nasdaq,
5 days ago

Schedule 13G FIlings of NextEra Energy

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
9.68%
192,398,222
SC 13G/A
Feb 07, 2023
state street corp
5.70%
113,299,531
SC 13G/A
Jan 31, 2023
blackrock inc.
7.9%
156,622,420
SC 13G/A
Feb 14, 2022
blackrock inc.
8.2%
161,369,326
SC 13G/A
Feb 11, 2022
state street corp
5.08%
99,606,550
SC 13G/A
Feb 09, 2022
vanguard group inc
9.12%
178,849,315
SC 13G/A
Feb 07, 2022
blackrock inc.
8.6%
168,622,906
SC 13G/A
Feb 10, 2021
vanguard group inc
8.99%
176,104,080
SC 13G/A
Feb 09, 2021
state street corp
5.03%
98,596,287
SC 13G
Feb 05, 2021
blackrock inc.
8.1%
158,629,034
SC 13G/A

NEE Fair Value

NextEra Energy fair value in different scenarios

The table shows the Fair Value estimates for NextEra Energy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

24.79

-67.48%

29.12

-61.80%

36.95

-51.53%

52.79

-30.75%

63.49

-16.71%
Current Inflation

23.17

-69.61%

26.87

-64.75%

33.46

-56.11%

46.68

-38.76%

55.57

-27.10%
Very High Inflation

21.15

-72.26%

24.12

-68.36%

29.32

-61.54%

39.61

-48.04%

46.51

-38.99%

Historical NextEra Energy Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of NextEra Energy

View All Filings
Date Filed Form Type Document
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 03, 2023
8-K
Current Report
Mar 02, 2023
4
Insider Trading
Mar 01, 2023
8-K
Current Report
Mar 01, 2023
25-NSE
25-NSE
Feb 23, 2023
424B2
Prospectus Filed

Latest Insider Trading transactions for NEE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-08
SCHUPP RUDY E
gifted
-
-
-204
-
2023-03-01
HACHIGIAN KIRK S
bought
350,000
70.00
5,000
-
2023-02-21
Pimentel Armando Jr
bought
995,808
75.44
13,200
-
2023-02-16
Caplan Deborah H
acquired
-
-
21,601
evp, hr & corp services
2023-02-16
Wilson Darryl L.
acquired
-
-
2,450
-
2023-02-16
Gursahaney Naren K
acquired
-
-
2,450
-
2023-02-16
BARRAT SHERRY S
acquired
-
-
2,450
-
2023-02-16
CAMAREN JAMES LAWRENCE
acquired
-
-
2,450
-
2023-02-16
SKOLDS JOHN L
acquired
-
-
2,450
-
2023-02-16
Reagan Ronald R
sold (taxes)
-202,395
75.69
-2,674
evp, eng., const. & isc

1–10 of 50

About NextEra Energy

John W. Ketchum
www.nexteraenergy.com
15000
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, and natural gas facilities. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2021, the company had approximately 28,564 megawatts of net generating capacity; approximately 77,000 circuit miles of transmission and distribution lines; and 696 substations. It serves approximately 11 million people through approximately 5.7 million customer accounts in the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. The company was founded in 1925 and is headquartered in Juno Beach, Florida.

NEE Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
OPERATING REVENUES$ 20,956$ 17,069$ 17,997
OPERATING EXPENSES   
Fuel, purchased power and interchange6,3894,5273,539
Other operations and maintenance4,4283,9813,934
Depreciation and amortization4,5033,9244,052
Taxes other than income taxes and other – net2,0771,8011,709
Total operating expenses – net17,39714,23313,234
GAINS ON DISPOSAL OF BUSINESSES/ASSETS – NET52277353
OPERATING INCOME4,0812,9135,116
OTHER INCOME (DEDUCTIONS)   
Interest Expense(585)(1,270)(1,950)
Equity in earnings (losses) of equity method investees203666(1,351)
Allowance for equity funds used during construction11214293
Gains on disposal of investments and other property – net807050
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net(461)267163
Other net periodic benefit income202257200
Other – net20013092
Total other income (deductions) – net(249)262(2,703)
INCOME BEFORE INCOME TAXES3,8323,1752,413
INCOME TAXES58634844
NET INCOME3,2462,8272,369
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS901746550
NET INCOME ATTRIBUTABLE TO NEE$ 4,147$ 3,573$ 2,919
Earnings per share attributable to NEE:   
Basic$ 2.10$ 1.82$ 1.49
Assuming dilution$ 2.10$ 1.81$ 1.48
FPL [Member]   
OPERATING REVENUES$ 17,282$ 14,102$ 13,060
OPERATING EXPENSES   
Fuel, purchased power and interchange5,6883,9563,060
Other operations and maintenance1,8571,8311,890
Depreciation and amortization2,6952,2662,526
Taxes other than income taxes and other – net1,7481,5331,464
Total operating expenses – net11,9889,5868,940
OPERATING INCOME5,2944,5164,120
OTHER INCOME (DEDUCTIONS)   
Interest Expense(768)(615)(641)
Allowance for equity funds used during construction10513287
Other – net17112
Total other income (deductions) – net(646)(472)(552)
INCOME BEFORE INCOME TAXES4,6484,0443,568
INCOME TAXES947838678
NET INCOME$ 3,701$ 3,206$ 2,890[1]
[1]FPL's comprehensive income is the same as reported net income.

NEE Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 1,601$ 639
Customer receivables, net4,3493,378
Other receivables744730
Materials, supplies and fuel inventory1,9341,561
Regulatory assets2,1651,125
Derivatives1,590689
Other1,1071,166
Total current assets13,4909,288
Other assets:  
Property, plant and equipment – net111,05999,348
Special use funds7,4968,922
Investment in equity method investees6,5826,159
Prepaid benefit costs1,8322,243
Regulatory assets5,9924,578
Derivatives1,9351,135
Goodwill4,8544,844
Other5,6954,395
Total other assets145,445131,624
TOTAL ASSETS158,935140,912
Current liabilities:  
Commercial paper1,7091,382
Other short-term debt1,368700
Current portion of long-term debt6,6331,785
Accounts payable8,3126,935
Customer deposits560485
Accrued interest and taxes719525
Derivatives2,1021,263
Accrued construction-related expenditures1,7601,378
Regulatory liabilities350289
Other3,1822,695
Total current liabilities26,69517,437
Other liabilities and deferred credits:  
Long-term debt55,25650,960
Asset retirement obligations3,2453,082
Deferred income taxes9,0728,310
Regulatory liabilities9,62611,273
Derivatives2,9091,713
Other2,6962,468
Total other liabilities and deferred credits82,80477,806
TOTAL LIABILITIES109,49995,243
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS – VIEs1,110245
EQUITY  
Common stock2020
Additional paid-in capital12,72011,271
Retained earnings26,70725,911
Accumulated other comprehensive loss(218)0
Total common shareholders' equity39,22937,202
Noncontrolling interests9,0978,222
TOTAL EQUITY48,32645,424
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY158,935140,912
FPL [Member]  
Current assets:  
Cash and cash equivalents2555
Customer receivables, net1,7391,297
Other receivables332350
Materials, supplies and fuel inventory1,159963
Regulatory assets2,1551,111
Derivatives1913
Other143142
Total current assets5,5533,918
Other assets:  
Electric utility plant and other property – net64,69358,227
Special use funds5,2216,158
Prepaid benefit costs1,7321,657
Regulatory assets5,4844,343
Derivatives10 
Goodwill2,9892,989
Other887775
Total other assets81,00674,149
TOTAL ASSETS86,55978,067
Current liabilities:  
Commercial paper1,7091,382
Other short-term debt200200
Current portion of long-term debt1,547536
Accounts payable1,3771,318
Customer deposits543478
Accrued interest and taxes362322
Derivatives129
Accrued construction-related expenditures559601
Regulatory liabilities349278
Other1,197643
Total current liabilities7,8435,758
Other liabilities and deferred credits:  
Long-term debt19,45517,974
Asset retirement obligations2,1082,049
Deferred income taxes8,3767,137
Regulatory liabilities9,45811,053
Derivatives11
Other399502
Total other liabilities and deferred credits39,79638,715
TOTAL LIABILITIES47,63944,473
COMMITMENTS AND CONTINGENCIES
EQUITY  
Common stock1,3731,373
Additional paid-in capital23,56119,936
Retained earnings13,98612,285
TOTAL EQUITY38,92033,594
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY$ 86,559$ 78,067