NextEra Energy is a Florida-based energy company with two main businesses. Florida Power & Light is a regulated electric utility serving millions of customers in Florida, and NextEra Energy Resources develops, owns and operates wind, solar, battery storage and natural gas generation across North America, supplying power under long-term contracts.
Revenue comes from regulated electricity charges in Florida and from contracted power supplied by its generation business. It totals $26.0 billion over the last twelve months, with growth of 3.9% a year across three years. The operating margin is 31.7%, and the business earns a profit of 5% on the capital invested in it. NextEra carries net debt of 6.7 times EBITDA, and the dividend yield is 3.1%. On the site's X-Ray Score it receives 36 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $74.41 – $97.30Volume 12,703,800Daily, split-adjusted
Vitals
Market cap$167.0B
52-week range$74.41 – $97.30
Volume (last day)12,703,800
P/E (TTM)20.2
EBIT / EV yield2.9%
Free-cash-flow yield–
Dividend yield3.1%
Revenue (TTM)$26.0B
Net income (TTM)$8.2B
Operating margin31.7%
Return on capital4.7%
Debt incl. leases$103.1B
Cash & securities$2.0B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$51model spread $51 – $60
Overvalued−36.4% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is High, so the safety margin is 40%.
Price $80
Undervalued < $30Fair $30 – $71Overvalued > $71
10-year DCF (market-scaled)
$34
Peer multiples
$59
Earnings power floor (not blended)
$-3
Fundamentals-adjusted multiple
$59
Growth the price implies
15.3%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Utilities peers. Open a lens to see the numbers behind it.
ValuationWeak
8/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield2.9%
Fair value vs price0.6×
GrowthFair
54/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)3.9%
EPS growth (3y)16.3%
Growth consistency50%
ProfitabilityWeak
31/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital4.7%
Operating margin31.7%
Financial healthWeak
46/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA6.7×
Interest coverNo interest cost
DividendsFair
66/100
Dividend is typical for its sector.
See the numbers →
Dividend yield3.1%
Dividend growth11.8%
Quarterly results: last 6 quarters
-5.4%Dec '24
+11.1%Mar '25
+6.7%Jun '25
+10.4%Sep '25
+15.1%Dec '25
+1.7%Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $6.1B, diluted EPS $1.04.
Each check is graded against the company's sector, not a fixed number. Checklist score 37/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$18.8B
$23.0B
$24.8B
$23.5B
$25.8B
Operating income
$2.9B
$4.1B
$10.2B
$7.5B
$8.3B
Net income
$3.6B
$4.1B
$7.3B
$6.9B
$6.8B
Operating cash flow
$7.6B
$8.3B
$11.3B
$13.3B
$12.5B
Operating margin
15.5%
17.7%
41.3%
31.8%
32.1%
Free cash flow
–
–
–
–
–
Diluted EPS
$1.81
$2.10
$3.60
$3.37
$3.30
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
5 bullish · 1 neutral · 10 bearish
Weekly
Bearish
3 bullish · 1 neutral · 8 bearish
Monthly
Neutral
4 bullish · 1 neutral · 3 bearish
Moving averages (daily)
SMA 10
77.98
Bullish
EMA 10
78.29
Bullish
SMA 20
77.39
Bullish
EMA 20
78.43
Bullish
SMA 50
80.96
Bearish
EMA 50
80.55
Bearish
SMA 100
83.70
Bearish
EMA 100
82.83
Bearish
SMA 200
86.28
Bearish
EMA 200
83.32
Bearish
Oscillators (daily)
RSI (14)
55.59
Neutral
MACD (12, 26)
-0.59
Bearish
Momentum (12)
5.36
Bullish
Stochastic %K (14)
91.98
Bearish
Williams %R (14)
-8.02
Bearish
CCI (20)
135.3
Bearish
Pivot points (classic, last session)
S3
77.61
S2
78.23
S1
79.02
Pivot
79.64
R1
80.43
R2
81.05
R3
81.84
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
2.44 USD
Yield on today's price
3.05%
Frequency
Quarterly
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
28 Aug 2026
0.6232
5 Jun 2026
0.6232
27 Feb 2026
0.6232
21 Nov 2025
0.5665
28 Aug 2025
0.5665
2 Jun 2025
0.5665
28 Feb 2025
0.5665
22 Nov 2024
0.5150
30 Aug 2024
0.5150
3 Jun 2024
0.5150
26 Feb 2024
0.5150
22 Nov 2023
0.4675
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.