NextEra Energy, Inc. (NEE)

NYSE: NEE · IEX Real-Time Price · USD
63.79
+2.36 (3.84%)
At close: Mar 27, 2024, 4:00 PM
63.88
+0.09 (0.14%)
Pre-market: Mar 28, 2024, 4:25 AM EDT

Total Valuation

NextEra Energy has a market cap or net worth of $128.43 billion. The enterprise value is $198.95 billion.

Market Cap 128.43B
Enterprise Value 198.95B

Important Dates

The next estimated earnings date is Tuesday, April 23, 2024, before market open.

Earnings Date Apr 23, 2024
Ex-Dividend Date Feb 26, 2024

Share Statistics

NextEra Energy has 2.05 billion shares outstanding. The number of shares has increased by 3.25% in one year.

Shares Outstanding 2.05B
Shares Change (YoY) +3.25%
Shares Change (QoQ) +1.38%
Owned by Insiders (%) 0.17%
Owned by Institutions (%) 81.35%
Float 2.05B

Valuation Ratios

The trailing PE ratio is 17.72 and the forward PE ratio is 18.47. NextEra Energy's PEG ratio is 2.54.

PE Ratio 17.72
Forward PE 18.47
PS Ratio 4.57
Forward PS 4.58
PB Ratio 2.71
P/FCF Ratio 73.26
PEG Ratio 2.54
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.36, with an EV/FCF ratio of 113.49.

EV / Earnings 27.22
EV / Sales 7.08
EV / EBITDA 11.36
EV / EBIT 17.09
EV / FCF 113.49

Financial Position

The company has a current ratio of 0.55, with a Debt / Equity ratio of 1.54.

Current Ratio 0.55
Quick Ratio 0.26
Debt / Equity 1.54
Debt / EBITDA 4.18
Debt / FCF 41.76
Interest Coverage 3.50

Financial Efficiency

Return on equity (ROE) is 16.00% and return on invested capital (ROIC) is 7.46%.

Return on Equity (ROE) 16.00%
Return on Assets (ROA) 4.30%
Return on Capital (ROIC) 7.46%
Revenue Per Employee $2.96M
Profits Per Employee $769,474
Employee Count 9,500
Asset Turnover 0.17
Inventory Turnover 5.02

Taxes

In the past 12 months, NextEra Energy has paid $1.01 billion in taxes.

Income Tax 1.01B
Effective Tax Rate 12.10%

Stock Price Statistics

The stock price has decreased by -15.44% in the last 52 weeks. The beta is 0.50, so NextEra Energy's price volatility has been lower than the market average.

Beta (1Y) 0.50
52-Week Price Change -15.44%
50-Day Moving Average 57.86
200-Day Moving Average 62.51
Relative Strength Index (RSI) 70.17
Average Volume (30 Days) 11,853,127

Short Selling Information

The latest short interest is 22.33 million, so 1.09% of the outstanding shares have been sold short.

Short Interest 22.33M
Short Previous Month 17.74M
Short % of Shares Out 1.09%
Short % of Float 1.09%
Short Ratio (days to cover) 2.02

Income Statement

In the last 12 months, NextEra Energy had revenue of $28.11 billion and earned $7.31 billion in profits. Earnings per share was $3.60.

Revenue 28.11B
Gross Profit 17.98B
Operating Income 10.24B
Pretax Income 8.32B
Net Income 7.31B
EBITDA 17.52B
EBIT 11.64B
Earnings Per Share (EPS) $3.60
Full Income Statement

Balance Sheet

The company has $2.69 billion in cash and $73.21 billion in debt, giving a net cash position of -$70.52 billion or -$34.36 per share.

Cash & Cash Equivalents 2.69B
Total Debt 73.21B
Net Cash -70.52B
Net Cash Per Share -$34.36
Equity / Book Value 47.47B
Book Value Per Share 23.13
Working Capital -12.60B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $11.30 billion and capital expenditures -$9.55 billion, giving a free cash flow of $1.75 billion.

Operating Cash Flow 11.30B
Capital Expenditures -9.55B
Free Cash Flow 1.75B
FCF Per Share $0.85
Full Cash Flow Statement

Margins

Gross margin is 63.94%, with operating and profit margins of 36.41% and 26.00%.

Gross Margin 63.94%
Operating Margin 36.41%
Pretax Margin 29.58%
Profit Margin 26.00%
EBITDA Margin 62.31%
EBIT Margin 41.40%
FCF Margin 6.24%

Dividends & Yields

This stock pays an annual dividend of $2.06, which amounts to a dividend yield of 3.23%.

Dividend Per Share $2.06
Dividend Yield 3.23%
Dividend Growth (YoY) 10.04%
Years of Dividend Growth 28
Payout Ratio 57.22%
Buyback Yield -3.25%
Shareholder Yield -0.02%
Earnings Yield 5.69%
FCF Yield 1.36%
Dividend Details

Analyst Forecast

The average price target for NextEra Energy is $70.55, which is 10.60% higher than the current price. The consensus rating is "Buy".

Price Target $70.55
Price Target Difference 10.60%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (5Y) 5.56%
EPS Growth Forecast (5Y) 5.06%
Stock Forecasts

Stock Splits

The last stock split was on October 27, 2020. It was a forward split with a ratio of 4:1.

Last Split Date Oct 27, 2020
Split Type Forward
Split Ratio 4:1

Scores

NextEra Energy has an Altman Z-Score of 1.18 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.18
Piotroski F-Score 7