NextEra Energy (NEE) Financials

$72.80 -1.61 (-2.17%)

As of 11:23 AM 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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	6,946	7,310	4,147	3,573	2,919	3,769	6,638	5,380	2,906	2,752
Consolidated Net Income / (Loss)	5,698	6,282	3,246	2,827	2,369	3,388	5,776	5,323	2,999	2,762
Net Income / (Loss) Continuing Operations	5,698	6,282	3,246	2,827	2,369	3,388	5,776	7,203	2,999	2,762
Total Pre-Tax Income	6,037	7,288	3,832	3,175	2,413	3,836	7,352	7,649	4,378	3,990
Total Operating Income	7,479	10,237	4,081	2,913	5,116	5,353	4,280	8,563	4,459	4,632
Total Gross Profit	12,589	15,711	8,062	6,760	10,524	9,163	8,111	747	8,617	8,890
Total Revenue	24,753	28,114	20,956	17,069	17,997	19,204	16,727	17,173	16,138	17,486
Operating Revenue	24,753	28,114	20,956	17,069	17,997	19,204	16,727	17,173	16,138	17,486
Total Cost of Revenue	12,164	12,403	12,894	10,309	7,473	10,041	8,616	16,426	7,521	8,596
Operating Cost of Revenue	9,886	10,138	10,817	8,508	7,473	8,237	7,065	12,624	7,521	8,596
Other Cost of Revenue	2,278	2,265	2,077	1,801	-	1,804	1,551	3,802	-	0.00
Total Operating Expenses	5,110	5,474	3,981	3,847	5,408	3,810	3,831	-7,816	4,158	4,258
Depreciation Expense	5,462	5,879	4,503	3,924	4,052	4,216	3,911	3,297	3,120	2,831
Other Special Charges / (Income)	-352	-405	-522	-77	-353	-406	-80	-1,111	-447	4.00
Total Other Income / (Expense), net	-1,442	-2,949	-249	262	-2,703	-1,517	3,072	-914	-81	-642
Interest Expense	2,235	3,324	585	1,270	1,950	2,249	1,498	2,039	1,098	1,211
Interest & Investment Income	115	-362	395	878	-1,208	188	4,543	965	665	569
Other Income / (Expense), net	678	737	-59	654	455	544	27	160	352	0.00
Income Tax Expense	339	1,006	586	348	44	448	1,576	446	1,379	1,228
Net Income / (Loss) Attributable to Noncontrolling Interest	-1,248	-1,028	-901	-746	-550	-381	-862	-57	93	10
Basic Earnings per Share	$3.38	$3.61	$2.10	$1.82	$1.49	$1.95	$3.51	$11.48	$6.27	$6.11
Weighted Average Basic Shares Outstanding	2.06B	2.05B	1.99B	1.96B	1.96B	488.97M	473.10M	44.83B	463.10M	450.50M
Diluted Earnings per Share	$3.37	$3.60	$2.10	$1.81	$1.48	$1.94	$3.47	$11.39	$6.24	$6.06
Weighted Average Diluted Shares Outstanding	2.06B	2.05B	1.99B	1.96B	1.96B	488.97M	473.10M	44.83B	465.80M	454M
Weighted Average Basic & Diluted Shares Outstanding	2.06B	2.05B	1.99B	1.96B	1.96B	488.97M	473.10M	44.83B	463M	450.40M
Cash Dividends to Common per Share	$2.06	$1.87	$1.70	$1.54	$1.40	$5.00	$4.44	$3.93	$3.48	$3.08

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	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	833	1,204	1,852	1,622	2,268	1,210	1,219	2,795	2,086	1,522	1,696
Consolidated Net Income / (Loss)	464	874	1,591	1,296	1,937	914	1,019	2,564	1,785	1,267	1,559
Net Income / (Loss) Continuing Operations	464	874	1,591	1,296	1,937	914	1,019	2,564	1,785	1,267	1,559
Total Pre-Tax Income	-57	1,045	1,596	1,232	2,164	1,083	973	3,061	2,171	1,595	1,882
Total Operating Income	2,256	940	2,856	1,670	2,013	2,660	1,836	2,799	2,942	2,046	1,862
Total Gross Profit	3,909	2,419	4,267	3,050	2,853	3,872	3,786	4,287	3,766	2,411	2,980
Total Revenue	6,247	5,386	7,567	6,069	5,731	6,877	7,172	7,349	6,716	6,164	6,719
Operating Revenue	6,247	5,386	7,567	6,069	5,731	6,877	7,172	7,349	6,716	6,164	6,719
Total Cost of Revenue	2,338	2,967	3,300	3,019	2,878	3,005	3,386	3,062	2,950	3,753	3,739
Operating Cost of Revenue	2,338	2,408	2,698	2,451	2,329	2,468	2,750	2,486	2,434	2,768	3,158
Total Operating Expenses	1,653	1,479	1,411	1,380	840	1,212	1,950	1,488	824	365	1,118
Depreciation Expense	1,095	1,513	1,642	1,409	898	1,606	1,957	1,494	822	1,170	1,289
Other Operating Expenses / (Income)	594	-	-	-	-	-	-	-	-	-	-
Other Special Charges / (Income)	-36	-34	-231	-29	-58	-394	-7.00	-6.00	2.00	-327	-171
Total Other Income / (Expense), net	-2,313	105	-1,260	-438	151	-1,577	-863	262	-771	-451	20
Interest Expense	1,774	-725	1,817	820	323	1,980	26	135	1,183	685	259
Interest & Investment Income	-610	-763	288	316	274	128	-882	264	128	45	267
Other Income / (Expense), net	71	143	269	66	200	275	45	133	284	189	12
Income Tax Expense	-521	171	5.00	-64	227	169	-46	497	386	328	323
Net Income / (Loss) Attributable to Noncontrolling Interest	-369	-330	-261	-326	-331	-296	-200	-231	-301	-255	-137
Basic Earnings per Share	$0.41	$0.58	$0.90	$0.79	$1.11	$0.59	$0.60	$1.38	$1.04	$0.77	$0.86
Weighted Average Basic Shares Outstanding	2.06B	2.06B	2.06B	2.06B	2.05B	2.05B	2.05B	2.02B	2.02B	1.99B	1.99B
Diluted Earnings per Share	$0.40	$0.58	$0.90	$0.79	$1.10	$0.58	$0.60	$1.38	$1.04	$0.77	$0.86
Weighted Average Diluted Shares Outstanding	2.06B	2.06B	2.06B	2.06B	2.05B	2.05B	2.05B	2.02B	2.02B	1.99B	1.99B
Weighted Average Basic & Diluted Shares Outstanding	2.06B	2.06B	2.06B	2.06B	2.05B	2.05B	2.05B	2.02B	2.02B	1.99B	1.99B
Cash Dividends to Common per Share	$0.57	-	$0.52	$0.52	$0.52	-	$0.47	$0.47	$0.47	$0.43	$0.43

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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-2,018	-21	2,125	-230	438	-4,145	3,277	428	757	7.00
Net Cash From Operating Activities	13,260	11,301	8,262	7,553	7,983	8,155	6,593	6,458	6,369	6,089
Net Cash From Continuing Operating Activities	13,260	11,301	8,262	7,553	7,983	8,155	6,593	6,458	6,369	6,089
Net Income / (Loss) Continuing Operations	5,698	6,282	3,246	2,827	2,369	3,388	5,776	5,323	2,999	2,762
Consolidated Net Income / (Loss)	5,698	6,282	3,246	2,827	2,369	3,388	5,776	5,323	2,999	2,762
Depreciation Expense	5,462	5,879	4,503	3,924	4,052	4,216	3,911	2,357	3,120	2,831
Amortization Expense	299	272	287	290	263	262	236	281	308	372
Non-Cash Adjustments To Reconcile Net Income	1,641	261	-186	998	1,903	-205	-4,303	-1,076	199	226
Changes in Operating Assets and Liabilities, net	160	-1,393	412	-486	-604	494	973	-427	-257	-102
Net Cash From Investing Activities	-22,264	-23,467	-18,359	-13,591	-13,699	-16,177	-10,950	-8,918	-8,046	-7,996
Net Cash From Continuing Investing Activities	-22,264	-23,467	-18,359	-13,591	-13,699	-16,177	-10,950	-8,918	-8,691	-8,341
Purchase of Property, Plant & Equipment	-8,115	-9,363	-9,519	-7,555	-7,514	-10,762	-5,692	-5,208	-3,957	-3,511
Purchase of Investments	-21,838	-21,491	-14,127	-13,557	-10,951	-10,545	-10,778	-8,579	-9,225	-9,487
Sale of Property, Plant & Equipment	0.00	924	0.00	0.00	-	-	-	1,454	0.00	0.00
Sale and/or Maturity of Investments	8,104	6,758	5,421	7,756	4,928	5,324	5,740	3,392	4,434	4,903
Other Investing Activities, net	-415	-295	-134	-235	-162	-194	-220	23	57	-246
Net Cash From Financing Activities	7,000	12,149	12,229	5,807	6,174	3,873	7,634	2,888	2,424	1,897
Net Cash From Continuing Financing Activities	7,740	12,224	12,408	5,807	6,174	3,873	7,634	2,888	3,069	2,242
Repayment of Debt	-18,694	-10,031	-5,850	-10,541	-8,611	-10,787	-3,942	-7,507	-4,411	-5,006
Payment of Dividends	-4,235	-3,782	-3,352	-3,024	-2,743	-2,408	-2,101	-1,845	-1,612	-1,385
Issuance of Debt	28,364	18,778	15,938	16,683	13,597	13,871	11,118	8,804	6,051	6,229
Issuance of Common Equity	48	4,514	1,514	79	501	1,593	718	55	1,182	1,643
Other Financing Activities, net	2,257	2,745	4,158	2,610	3,522	1,604	1,841	2,833	1,859	761
Other Net Changes in Cash	-14	-4.00	-7.00	1.00	-20	4.00	-	-	10	17
Cash Interest Paid	2,737	2,463	1,375	1,323	1,432	1,799	1,209	1,186	1,194	1,143

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	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	1,148	-1,172	472	-111	-1,207	642	24	-1,435	748	-526	-526
Net Cash From Operating Activities	2,769	1,981	4,269	3,933	3,077	2,878	3,664	3,086	1,673	995	2,474
Net Cash From Continuing Operating Activities	2,769	1,981	4,269	3,933	3,077	2,878	3,664	3,086	1,673	995	2,474
Net Income / (Loss) Continuing Operations	464	873	1,592	1,296	1,937	915	1,018	2,564	1,785	1,267	1,559
Consolidated Net Income / (Loss)	464	873	1,592	1,296	1,937	915	1,018	2,564	1,785	1,267	1,559
Depreciation Expense	1,095	1,513	1,642	1,409	898	1,607	1,957	1,493	822	1,171	1,289
Amortization Expense	81	69	78	62	90	74	69	58	71	76	67
Non-Cash Adjustments To Reconcile Net Income	1,119	215	359	937	130	420	1,067	-938	-288	-1,324	-648
Changes in Operating Assets and Liabilities, net	10	-689	598	229	22	-138	-447	-91	-717	-195	207
Net Cash From Investing Activities	-7,724	-3,880	-4,258	-4,805	-9,321	-4,690	-5,963	-4,997	-7,817	-4,510	-4,541
Net Cash From Continuing Investing Activities	-7,724	-3,880	-4,258	-4,805	-9,321	-4,690	-5,963	-4,997	-7,817	-4,510	-4,541
Purchase of Property, Plant & Equipment	-2,348	-1,777	-1,972	-2,038	-2,328	-2,035	-2,641	-2,440	-2,247	-3,047	-2,014
Purchase of Investments	-6,733	-4,632	-4,634	-4,251	-8,321	-5,276	-5,037	-4,614	-6,564	-3,379	-3,570
Sale and/or Maturity of Investments	1,495	2,578	2,389	1,621	1,516	1,866	1,862	1,965	1,065	1,950	1,161
Other Investing Activities, net	-138	-49	-41	-137	-188	-169	-147	92	-71	-34	-118
Net Cash From Financing Activities	6,103	741	459	762	5,038	2,446	2,335	478	6,890	2,991	1,543
Net Cash From Continuing Financing Activities	6,103	1,481	459	762	5,038	2,521	2,335	478	6,890	3,170	1,543
Repayment of Debt	-3,767	-6,283	-3,463	-4,127	-4,821	-3,873	-419	-2,567	-3,172	-2,810	-1,436
Payment of Dividends	-1,166	-1,059	-1,061	-1,057	-1,058	-959	-947	-946	-930	-845	-836
Issuance of Debt	11,025	6,511	4,484	6,150	11,219	6,875	-	4,548	7,355	3,054	1,915
Issuance of Common Equity	11	55	27	-40	6.00	9.00	2,002	1.00	2,502	56	1,457
Other Financing Activities, net	0.00	2,257	472	-164	-308	469	1,699	-558	1,135	3,715	443
Other Net Changes in Cash	0.00	-14	2.00	-1.00	-1.00	8.00	-12	-2.00	2.00	-2.00	-2.00
Cash Interest Paid	631	813	918	487	519	666	646	602	549	547	162

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

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	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	194,264	190,144	186,013	184,724	179,950	177,489	171,674	168,275	165,357	158,935	156,409
Total Current Assets	12,648	11,951	12,180	12,803	12,680	15,361	14,244	13,122	13,549	13,490	12,891
Cash & Equivalents	2,419	1,487	2,263	1,551	1,642	2,690	1,568	1,577	2,275	1,601	2,508
Accounts Receivable	4,589	4,516	4,349	4,664	4,123	4,553	4,961	4,594	3,932	5,093	5,329
Inventories, net	2,326	2,214	2,258	2,155	2,131	2,106	2,074	1,931	1,915	1,934	1,791
Other Current Assets	3,314	3,734	3,310	4,433	4,784	6,012	5,641	5,020	5,427	4,862	3,263
Plant, Property, & Equipment, net	142,223	138,852	134,309	133,113	129,193	125,776	120,883	117,740	114,929	111,059	108,447
Total Noncurrent Assets	39,393	39,341	39,524	38,808	38,077	36,352	36,547	37,413	36,879	34,386	35,071
Long-Term Investments	5,270	6,118	7,259	6,657	6,533	6,156	5,991	7,069	7,004	6,582	6,316
Goodwill	4,866	4,866	4,919	5,087	5,085	5,091	5,043	5,184	5,184	4,854	4,872
Employee Benefit Assets	2,548	2,496	2,237	2,186	2,135	2,112	1,974	1,929	1,881	1,832	2,341
Other Noncurrent Operating Assets	26,709	25,861	25,109	24,878	24,324	22,993	23,539	23,231	22,810	21,118	21,542
Total Liabilities & Shareholders' Equity	194,264	190,144	186,013	184,724	179,950	177,489	171,674	168,275	165,357	158,935	156,409
Total Liabilities	133,898	129,283	126,475	125,288	120,561	118,465	115,106	113,899	112,378	109,499	109,663
Total Current Liabilities	22,861	25,355	29,647	26,231	24,803	27,963	28,496	24,871	25,377	26,695	27,793
Short-Term Debt	9,864	9,948	16,667	14,139	14,069	11,806	14,139	11,191	11,634	9,710	10,155
Accounts Payable	4,753	6,982	4,884	4,390	4,285	8,504	6,662	6,225	6,499	8,312	7,149
Customer Deposits	697	694	683	671	663	638	615	596	583	560	525
Other Taxes Payable	1,301	1,016	1,758	1,510	1,160	970	1,662	1,364	951	719	1,279
Other Current Liabilities	6,246	6,715	5,655	5,521	4,626	6,045	5,418	5,495	5,710	7,394	8,685
Total Noncurrent Liabilities	111,037	103,928	96,828	99,057	95,758	90,502	86,610	89,028	87,001	82,804	81,870
Long-Term Debt	79,814	72,385	66,100	68,494	65,868	61,405	59,183	60,982	59,007	55,256	54,670
Asset Retirement Reserve & Litigation Obligation	13,959	14,306	14,058	13,888	13,753	13,452	12,987	13,252	13,060	12,871	12,726
Noncurrent Deferred & Payable Income Tax Liabilities	11,441	11,749	10,954	10,934	10,641	10,142	9,747	9,801	9,468	9,072	8,725
Other Noncurrent Operating Liabilities	5,823	5,488	5,716	5,741	5,496	5,503	4,693	4,993	5,466	5,605	5,749
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	61	401	0.00	0.00	453	1,256	318	812	856	1,110	0.00
Total Equity & Noncontrolling Interests	60,305	60,460	59,538	59,436	58,936	57,768	56,250	53,564	52,123	48,326	46,746
Total Preferred & Common Equity	49,812	50,101	50,051	49,140	48,641	47,468	47,095	44,793	42,896	39,229	38,629
Total Common Equity	49,812	50,101	50,051	49,140	48,641	47,468	47,095	44,793	42,896	39,229	38,629
Common Stock	17,313	17,281	17,380	17,303	17,363	17,386	17,338	15,282	15,234	12,740	12,714
Retained Earnings	32,613	32,946	32,802	32,008	31,445	30,235	29,984	29,711	27,862	26,707	26,029
Accumulated Other Comprehensive Income / (Loss)	-114	-126	-131	-171	-167	-153	-227	-200	-200	-218	-114
Noncontrolling Interest	10,493	10,359	9,487	10,296	10,295	10,300	9,155	8,771	9,227	9,097	8,117

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

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

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.00%	-21.68%	5.51%	-17.42%	-14.67%	11.57%	6.74%	41.79%	132.39%	22.16%	53.75%
EBITDA Growth	9.43%	-42.27%	24.01%	-28.46%	-22.29%	32.57%	20.96%	131.56%	2,411.59%	32.70%	84.89%
EBIT Growth	5.15%	-63.10%	66.14%	-40.79%	-31.40%	31.32%	0.37%	313.54%	505.28%	42.18%	317.37%
NOPAT Growth	-12.36%	-64.98%	48.07%	-25.07%	-25.51%	38.13%	24.66%	212.64%	545.88%	53.30%	270.83%
Net Income Growth	-76.05%	-4.38%	56.13%	-49.45%	8.52%	-27.86%	-34.64%	130.37%	357.58%	32.95%	412.83%
EPS Growth	-63.64%	0.00%	50.00%	-42.75%	5.77%	-24.68%	-30.23%	97.14%	552.17%	26.23%	273.91%
Operating Cash Flow Growth	-10.01%	-31.17%	16.51%	27.45%	83.92%	189.25%	48.10%	9.01%	-14.73%	-24.45%	-9.74%
Free Cash Flow Firm Growth	35.87%	23.53%	56.94%	12.84%	1.30%	-36.98%	-127.25%	-137.17%	-138.66%	-68.91%	33.00%
Invested Capital Growth	8.54%	9.89%	8.54%	13.53%	14.70%	16.16%	19.06%	18.78%	18.22%	13.36%	9.97%
Revenue Q/Q Growth	15.99%	-28.82%	24.68%	5.90%	-16.66%	-4.11%	-2.41%	9.43%	8.96%	-8.26%	29.64%
EBITDA Q/Q Growth	31.44%	-44.99%	51.08%	0.19%	-30.65%	18.15%	-12.85%	8.84%	18.29%	7.80%	66.84%
EBIT Q/Q Growth	114.87%	-65.34%	80.01%	-21.55%	-24.60%	56.03%	-35.85%	-9.11%	44.34%	19.26%	164.32%
NOPAT Q/Q Growth	100.87%	-72.39%	62.06%	-2.50%	-19.74%	16.75%	-17.99%	-3.07%	48.83%	5.37%	105.68%
Net Income Q/Q Growth	-46.91%	-45.07%	22.76%	-33.09%	111.93%	-10.30%	-60.26%	43.64%	40.88%	-18.73%	40.07%
EPS Q/Q Growth	-31.03%	-35.56%	13.92%	-28.18%	89.66%	-3.33%	-56.52%	32.69%	35.06%	-10.47%	22.86%
Operating Cash Flow Q/Q Growth	39.78%	-53.60%	8.54%	27.82%	6.91%	-21.45%	18.73%	84.46%	68.14%	-59.78%	-12.61%
Free Cash Flow Firm Q/Q Growth	15.67%	-50.08%	46.45%	5.38%	-0.56%	15.49%	-8.39%	-7.15%	-39.56%	-40.20%	-13.12%
Invested Capital Q/Q Growth	4.99%	2.11%	-0.81%	2.07%	6.29%	0.86%	3.76%	3.12%	7.65%	3.38%	3.51%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	62.57%	44.91%	56.39%	50.26%	49.78%	56.30%	52.79%	58.33%	56.08%	39.11%	44.35%
EBITDA Margin	56.07%	49.48%	64.03%	52.84%	55.85%	67.12%	54.48%	61.00%	61.33%	56.49%	48.07%
Operating Margin	36.11%	17.45%	37.74%	27.52%	35.12%	38.68%	25.60%	38.09%	43.81%	33.19%	27.71%
EBIT Margin	37.25%	20.11%	41.30%	28.60%	38.61%	42.68%	26.23%	39.90%	48.03%	36.26%	27.89%
Profit (Net Income) Margin	7.43%	16.23%	21.03%	21.35%	33.80%	13.29%	14.21%	34.89%	26.58%	20.55%	23.20%
Tax Burden Percent	-814.04%	83.64%	99.69%	105.19%	89.51%	84.40%	104.73%	83.76%	82.22%	79.44%	82.84%
Interest Burden Percent	-2.45%	96.49%	51.07%	70.97%	97.79%	36.90%	51.73%	104.40%	67.30%	71.36%	100.43%
Effective Tax Rate	0.00%	16.36%	0.31%	-5.19%	10.49%	15.60%	-4.73%	16.24%	17.78%	20.56%	17.16%
Return on Invested Capital (ROIC)	4.67%	2.79%	7.74%	5.94%	6.95%	7.99%	6.53%	7.92%	8.46%	5.53%	4.64%
ROIC Less NNEP Spread (ROIC-NNEP)	3.22%	2.92%	5.93%	5.28%	7.15%	5.80%	5.04%	8.29%	7.34%	4.84%	4.67%
Return on Net Nonoperating Assets (RNNOA)	4.13%	3.38%	7.10%	6.40%	8.47%	6.48%	5.94%	9.90%	8.60%	5.34%	5.35%
Return on Equity (ROE)	8.81%	6.17%	14.85%	12.34%	15.42%	14.47%	12.47%	17.81%	17.06%	10.87%	9.99%
Cash Return on Invested Capital (CROIC)	-1.94%	-3.97%	-1.38%	-6.52%	-6.99%	-7.27%	-10.13%	-9.84%	-10.71%	-9.07%	-6.56%
Operating Return on Assets (OROA)	5.03%	2.71%	6.06%	4.19%	6.07%	7.13%	4.38%	6.72%	7.67%	5.07%	3.74%
Return on Assets (ROA)	1.00%	2.19%	3.09%	3.13%	5.31%	2.22%	2.37%	5.88%	4.25%	2.87%	3.11%
Return on Common Equity (ROCE)	7.24%	5.02%	12.42%	10.18%	12.56%	11.57%	10.35%	14.62%	13.82%	8.73%	8.22%
Return on Equity Simple (ROE_SIMPLE)	8.48%	0.00%	11.46%	10.51%	13.23%	0.00%	14.09%	16.02%	13.34%	0.00%	7.59%
Net Operating Profit after Tax (NOPAT)	1,579	786	2,847	1,757	1,802	2,245	1,923	2,345	2,419	1,625	1,542
NOPAT Margin	25.28%	14.60%	37.62%	28.95%	31.44%	32.64%	26.81%	31.90%	36.02%	26.37%	22.96%
Net Nonoperating Expense Percent (NNEP)	1.45%	-0.13%	1.81%	0.67%	-0.20%	2.20%	1.48%	-0.37%	1.11%	0.68%	-0.03%
Return On Investment Capital (ROIC_SIMPLE)	1.05%	0.55%	-	-	-	1.71%	-	-	-	1.43%	-
Cost of Revenue to Revenue	37.43%	55.09%	43.61%	49.74%	50.22%	43.70%	47.21%	41.67%	43.93%	60.89%	55.65%
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%	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%	0.00%
Operating Expenses to Revenue	26.46%	27.46%	18.65%	22.74%	14.66%	17.62%	27.19%	20.25%	12.27%	5.92%	16.64%
Earnings before Interest and Taxes (EBIT)	2,327	1,083	3,125	1,736	2,213	2,935	1,881	2,932	3,226	2,235	1,874
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3,503	2,665	4,845	3,207	3,201	4,616	3,907	4,483	4,119	3,482	3,230
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.93	2.94	3.47	2.96	2.70	2.55	2.39	3.25	3.46	4.00	3.86
Price to Tangible Book Value (P/TBV)	3.24	3.26	3.85	3.30	3.01	2.86	2.68	3.68	3.94	4.57	4.42
Price to Revenue (P/Rev)	5.77	5.96	6.62	5.63	4.83	4.31	4.11	5.40	6.00	7.49	7.51
Price to Earnings (P/E)	26.46	21.22	24.99	23.02	17.50	16.57	14.76	17.98	22.23	37.86	38.93
Dividend Yield	2.98%	2.87%	2.38%	2.78%	3.00%	3.17%	3.29%	2.48%	2.33%	2.15%	2.19%
Earnings Yield	3.78%	4.71%	4.00%	4.34%	5.71%	6.04%	6.78%	5.56%	4.50%	2.64%	2.57%
Enterprise Value to Invested Capital (EV/IC)	1.67	1.72	1.93	1.72	1.63	1.60	1.53	1.86	1.92	2.11	2.07
Enterprise Value to Revenue (EV/Rev)	9.43	9.41	9.77	8.91	7.87	7.01	6.85	8.12	8.88	10.69	10.75
Enterprise Value to EBITDA (EV/EBITDA)	16.76	16.73	16.16	15.42	13.18	11.50	11.74	14.28	17.24	25.42	26.80
Enterprise Value to EBIT (EV/EBIT)	28.82	28.55	25.62	26.26	21.45	17.95	18.27	21.30	27.35	55.69	63.47
Enterprise Value to NOPAT (EV/NOPAT)	27.88	32.99	29.52	29.70	25.97	22.33	22.93	27.52	34.78	64.79	74.11
Enterprise Value to Operating Cash Flow (EV/OCF)	18.40	17.57	18.12	16.99	16.82	17.43	19.93	26.58	27.60	27.11	24.84
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	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.49	1.35	1.39	1.39	1.35	1.24	1.30	1.33	1.33	1.31	1.39
Long-Term Debt to Equity	1.32	1.19	1.11	1.15	1.11	1.04	1.05	1.12	1.11	1.12	1.17
Financial Leverage	1.28	1.16	1.20	1.21	1.18	1.12	1.18	1.19	1.17	1.10	1.14
Leverage Ratio	3.12	3.07	3.08	3.10	3.07	3.10	3.18	3.23	3.19	3.15	3.23
Compound Leverage Factor	-0.08	2.96	1.57	2.20	3.01	1.14	1.64	3.38	2.15	2.25	3.25
Debt to Total Capital	59.77%	57.50%	58.16%	58.16%	57.37%	55.36%	56.45%	57.03%	57.14%	56.79%	58.10%
Short-Term Debt to Total Capital	6.57%	6.95%	11.71%	9.95%	10.10%	8.93%	10.89%	8.84%	9.41%	8.49%	9.10%
Long-Term Debt to Total Capital	53.19%	50.55%	46.45%	48.21%	47.28%	46.44%	45.56%	48.19%	47.73%	48.30%	49.00%
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%	0.00%
Noncontrolling Interests to Total Capital	7.03%	7.51%	6.67%	7.25%	7.71%	8.74%	7.29%	7.57%	8.16%	8.92%	7.28%
Common Equity to Total Capital	33.20%	34.99%	35.17%	34.59%	34.91%	35.90%	36.26%	35.40%	34.70%	34.29%	34.62%
Debt to EBITDA	6.31	5.92	5.22	5.53	4.93	4.28	4.59	4.71	5.53	7.37	8.15
Net Debt to EBITDA	5.77	5.37	4.62	4.98	4.43	3.76	4.11	4.15	4.81	6.44	7.04
Long-Term Debt to EBITDA	5.61	5.20	4.17	4.59	4.06	3.59	3.70	3.98	4.62	6.27	6.87
Debt to NOPAT	10.49	11.66	9.53	10.66	9.72	8.30	8.96	9.08	11.17	18.79	22.53
Net Debt to NOPAT	9.59	10.59	8.43	9.60	8.72	7.29	8.03	7.99	9.70	16.43	19.47
Long-Term Debt to NOPAT	9.34	10.25	7.61	8.84	8.01	6.96	7.23	7.67	9.33	15.98	19.00
Altman Z-Score	1.00	0.99	1.15	1.02	1.01	0.98	0.93	1.15	1.16	1.17	1.10
Noncontrolling Interest Sharing Ratio	17.79%	18.61%	16.33%	17.47%	18.54%	20.07%	17.03%	17.93%	18.97%	19.64%	17.70%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.55	0.47	0.41	0.49	0.51	0.55	0.50	0.53	0.53	0.51	0.46
Quick Ratio	0.31	0.24	0.22	0.24	0.23	0.26	0.23	0.25	0.24	0.25	0.28
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-9,625	-11,414	-7,605	-14,201	-15,008	-14,925	-17,661	-16,293	-15,206	-10,896	-7,772
Operating Cash Flow to CapEx	117.93%	111.48%	216.48%	192.98%	132.17%	141.43%	138.74%	126.48%	74.45%	32.66%	122.84%
Free Cash Flow to Firm to Interest Expense	-5.43	0.00	-4.19	-17.32	-46.46	-7.54	-679.28	-120.69	-12.85	-15.91	-30.01
Operating Cash Flow to Interest Expense	1.56	0.00	2.35	4.80	9.53	1.45	140.92	22.86	1.41	1.45	9.55
Operating Cash Flow Less CapEx to Interest Expense	0.24	0.00	1.26	2.31	2.32	0.43	39.35	4.79	-0.49	-3.00	1.78
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.14	0.13	0.15	0.15	0.16	0.17	0.17	0.17	0.16	0.14	0.13
Accounts Receivable Turnover	5.80	5.46	5.64	5.58	6.74	5.83	5.33	5.54	6.03	4.56	4.32
Inventory Turnover	5.22	5.63	5.63	6.01	6.10	6.14	6.81	7.56	7.72	7.38	6.50
Fixed Asset Turnover	0.19	0.19	0.21	0.21	0.22	0.24	0.24	0.24	0.23	0.20	0.19
Accounts Payable Turnover	2.57	1.57	2.11	2.32	2.29	1.48	1.90	1.95	2.18	1.69	1.82
Days Sales Outstanding (DSO)	62.92	66.86	64.74	65.36	54.19	62.62	68.53	65.86	60.56	80.13	84.52
Days Inventory Outstanding (DIO)	69.98	64.81	64.79	60.68	59.88	59.45	53.64	48.29	47.26	49.47	56.14
Days Payable Outstanding (DPO)	141.90	232.34	172.69	157.65	159.60	247.43	191.66	186.73	167.30	215.80	200.18
Cash Conversion Cycle (CCC)	-9.00	-100.66	-43.16	-31.60	-45.54	-125.37	-69.49	-72.58	-59.48	-86.21	-59.52
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	142,355	135,589	132,783	133,861	131,151	123,389	122,331	117,903	114,341	106,219	102,747
Invested Capital Turnover	0.18	0.19	0.21	0.21	0.22	0.24	0.24	0.25	0.23	0.21	0.20
Increase / (Decrease) in Invested Capital	11,204	12,200	10,452	15,958	16,810	17,170	19,584	18,638	17,625	12,521	9,314
Enterprise Value (EV)	238,366	232,912	256,471	230,203	213,635	197,016	187,735	218,729	220,040	223,988	213,193
Market Capitalization	145,823	147,424	173,739	145,482	131,125	121,095	112,499	145,619	148,595	156,998	149,075
Book Value per Share	$24.22	$24.36	$24.35	$23.92	$23.68	$23.14	$23.27	$22.14	$21.58	$19.74	$19.66
Tangible Book Value per Share	$21.85	$22.00	$21.96	$21.44	$21.20	$20.65	$20.78	$19.58	$18.97	$17.30	$17.18
Total Capital	150,044	143,194	142,305	142,069	139,326	132,235	129,890	126,549	123,620	114,402	111,571
Total Debt	89,678	82,333	82,767	82,633	79,937	73,211	73,322	72,173	70,641	64,966	64,825
Total Long-Term Debt	79,814	72,385	66,100	68,494	65,868	61,405	59,183	60,982	59,007	55,256	54,670
Net Debt	81,989	74,728	73,245	74,425	71,762	64,365	65,763	63,527	61,362	56,783	56,001
Capital Expenditures (CapEx)	2,348	1,777	1,972	2,038	2,328	2,035	2,641	2,440	2,247	3,047	2,014
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-2,768	-4,943	-3,063	-840	304	-3,486	-1,681	-2,135	-2,469	-5,096	-7,255
Debt-free Net Working Capital (DFNWC)	-349	-3,456	-800	711	1,946	-796	-113	-558	-194	-3,495	-4,747
Net Working Capital (NWC)	-10,213	-13,404	-17,467	-13,428	-12,123	-12,602	-14,252	-11,749	-11,828	-13,205	-14,902
Net Nonoperating Expense (NNE)	1,115	-88	1,256	461	-135	1,331	904	-219	634	358	-17
Net Nonoperating Obligations (NNO)	81,989	74,728	73,245	74,425	71,762	64,365	65,763	63,527	61,362	56,783	56,001
Total Depreciation and Amortization (D&A)	1,176	1,582	1,720	1,471	988	1,681	2,026	1,551	893	1,247	1,356
Debt-free, Cash-free Net Working Capital to Revenue	-10.95%	-19.97%	-11.67%	-3.25%	1.12%	-12.40%	-6.13%	-7.92%	-9.96%	-24.32%	-36.57%
Debt-free Net Working Capital to Revenue	-1.38%	-13.96%	-3.05%	2.75%	7.17%	-2.83%	-0.41%	-2.07%	-0.78%	-16.68%	-23.93%
Net Working Capital to Revenue	-40.42%	-54.15%	-66.56%	-51.95%	-44.69%	-44.82%	-52.01%	-43.60%	-47.73%	-63.01%	-75.12%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.41	$0.58	$0.90	$0.79	$1.11	$0.59	$0.60	$1.38	$1.04	$0.77	$0.86
Adjusted Weighted Average Basic Shares Outstanding	2.06B	2.06B	2.06B	2.06B	2.05B	2.05B	2.05B	2.02B	2.02B	1.99B	1.99B
Adjusted Diluted Earnings per Share	$0.40	$0.58	$0.90	$0.79	$1.10	$0.58	$0.60	$1.38	$1.04	$0.77	$0.86
Adjusted Weighted Average Diluted Shares Outstanding	2.06B	2.06B	2.06B	2.06B	2.05B	2.05B	2.05B	2.02B	2.02B	1.99B	1.99B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.77	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	2.06B	2.06B	2.06B	2.06B	2.05B	2.05B	2.05B	2.02B	2.02B	1.99B	1.99B
Normalized Net Operating Profit after Tax (NOPAT)	1,554	758	2,617	1,149	1,750	1,912	1,280	2,340	2,421	1,366	1,401
Normalized NOPAT Margin	24.88%	14.07%	34.58%	18.93%	30.53%	27.81%	17.85%	31.83%	36.04%	22.15%	20.85%
Pre Tax Income Margin	-0.91%	19.40%	21.09%	20.30%	37.76%	15.75%	13.57%	41.65%	32.33%	25.88%	28.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.31	0.00	1.72	2.12	6.85	1.48	72.35	21.72	2.73	3.26	7.24
NOPAT to Interest Expense	0.89	0.00	1.57	2.14	5.58	1.13	73.95	17.37	2.04	2.37	5.96
EBIT Less CapEx to Interest Expense	-0.01	0.00	0.63	-0.37	-0.36	0.45	-29.23	3.64	0.83	-1.19	-0.54
NOPAT Less CapEx to Interest Expense	-0.43	0.00	0.48	-0.34	-1.63	0.11	-27.62	-0.71	0.15	-2.08	-1.82
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	102.79%	74.32%	72.06%	77.84%	60.77%	60.20%	55.28%	49.57%	60.20%	103.27%	111.32%
Augmented Payout Ratio	102.79%	74.32%	72.06%	77.84%	60.77%	60.20%	55.28%	49.57%	60.20%	103.27%	111.32%

Frequently Asked Questions About NextEra Energy's Financials

When does NextEra Energy's fiscal year end?

According to the most recent income statement we have on file, NextEra Energy's financial year ends in December. Their financial 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. View NextEra Energy's forecast to see where analysts expect NextEra Energy to go next.

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 5/21/2025 by MarketBeat.com Staff

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NextEra Energy (NEE) Financials

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