Financials NextEra Energy

Equities

NEE

US65339F1012

Electric Utilities

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
65.99 USD -1.36% Intraday chart for NextEra Energy +2.63% +8.64%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 118,362 151,143 183,185 166,127 124,621 135,579 - -
Enterprise Value (EV) 1 160,345 198,129 237,373 229,492 195,142 215,113 221,430 229,868
P/E ratio 31.2 x 52.1 x 51.6 x 39.8 x 16.9 x 19.6 x 18 x 16.7 x
Yield 2.06% 1.81% 1.65% 2.03% 3.08% 3.12% 3.41% 3.73%
Capitalization / Revenue 6.16 x 8.4 x 10.7 x 7.93 x 4.43 x 4.99 x 4.53 x 4.2 x
EV / Revenue 8.35 x 11 x 13.9 x 11 x 6.94 x 7.91 x 7.4 x 7.13 x
EV / EBITDA 16.8 x 23.7 x 34.7 x 26.7 x 12.1 x 14.1 x 13.1 x 12.5 x
EV / FCF -62.4 x -31 x -28.8 x -21.3 x -14.3 x -25.9 x -38.3 x -42.9 x
FCF Yield -1.6% -3.22% -3.48% -4.71% -6.98% -3.86% -2.61% -2.33%
Price to Book 3.2 x 4.14 x 4.95 x 4.22 x 2.63 x 2.49 x 2.35 x 2.22 x
Nbr of stocks (in thousands) 1,955,104 1,959,074 1,962,137 1,987,164 2,051,708 2,054,533 - -
Reference price 2 60.54 77.15 93.36 83.60 60.74 65.99 65.99 65.99
Announcement Date 1/24/20 1/26/21 1/25/22 1/25/23 1/25/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 19,204 17,997 17,069 20,956 28,114 27,192 29,917 32,248
EBITDA 1 9,569 8,377 6,835 8,584 16,116 15,292 16,906 18,391
EBIT 1 5,353 5,116 2,913 4,081 10,237 9,647 10,515 11,425
Operating Margin 27.87% 28.43% 17.07% 19.47% 36.41% 35.48% 35.15% 35.43%
Earnings before Tax (EBT) 1 3,836 2,413 3,175 3,832 7,288 8,022 8,711 9,396
Net income 1 3,769 2,919 3,573 4,147 7,310 6,902 7,579 8,220
Net margin 19.63% 16.22% 20.93% 19.79% 26% 25.38% 25.33% 25.49%
EPS 2 1.940 1.480 1.810 2.100 3.600 3.367 3.670 3.945
Free Cash Flow 1 -2,570 -6,382 -8,249 -10,798 -13,627 -8,312 -5,781 -5,354
FCF margin -13.38% -35.46% -48.33% -51.53% -48.47% -30.57% -19.33% -16.6%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.250 1.400 1.540 1.700 1.870 2.056 2.248 2.460
Announcement Date 1/24/20 1/26/21 1/25/22 1/25/23 1/25/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 5,046 2,890 5,183 6,719 6,164 6,716 7,349 7,172 6,877 5,731 7,212 7,986 6,438 7,172 -
EBITDA 1 2,317 2,460 2,393 3,151 3,215 3,764 4,293 3,793 4,267 2,911 4,484 4,902 3,981 4,250 -
EBIT 1 1,355 1,575 948 1,862 2,045 2,942 2,799 1,836 2,660 2,013 2,167 2,268 1,695 2,896 -
Operating Margin 26.85% 54.5% 18.29% 27.71% 33.18% 43.81% 38.09% 25.6% 38.68% 35.12% 30.05% 28.4% 26.32% 40.38% -
Earnings before Tax (EBT) 1 1,218 -1,052 1,407 1,882 1,596 2,171 3,061 973 1,083 2,164 2,250 2,230 1,600 2,382 -
Net income 1 1,204 -451 1,380 1,696 1,522 2,086 2,795 1,219 1,210 2,268 2,069 2,251 1,259 - -
Net margin 23.86% -15.61% 26.63% 25.24% 24.69% 31.06% 38.03% 17% 17.59% 39.57% 28.69% 28.19% 19.56% - -
EPS 2 0.6100 -0.2300 0.7000 0.8600 0.7600 1.040 1.380 0.6000 0.5900 1.100 0.9295 1.045 0.6281 - -
Dividend per Share 2 0.3850 0.4250 0.4250 0.4250 0.4250 0.4675 0.4675 0.4675 0.4675 - 0.5137 0.5137 0.5137 0.5651 0.5637
Announcement Date 1/25/22 4/21/22 7/22/22 10/28/22 1/25/23 4/25/23 7/25/23 10/24/23 1/25/24 4/23/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 41,983 46,986 54,188 63,365 70,521 79,534 85,851 94,290
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.387 x 5.609 x 7.928 x 7.382 x 4.376 x 5.201 x 5.078 x 5.127 x
Free Cash Flow 1 -2,570 -6,382 -8,249 -10,798 -13,627 -8,312 -5,781 -5,354
ROE (net income / shareholders' equity) 11.4% 7.94% 9.69% 10.9% 14.9% 13.7% 13.5% 13.8%
ROA (Net income/ Total Assets) 3.67% 2.38% 2.66% 2.77% 3.83% 3.7% 3.84% 3.83%
Assets 1 102,712 122,688 134,298 149,922 190,906 186,548 197,311 214,387
Book Value Per Share 2 18.90 18.60 18.90 19.80 23.10 26.50 28.10 29.70
Cash Flow per Share 2 4.200 4.050 3.830 4.170 5.560 6.250 6.680 7.080
Capex 1 10,725 14,365 15,802 19,060 24,928 21,193 23,493 24,562
Capex / Sales 55.85% 79.82% 92.58% 90.95% 88.67% 77.94% 78.53% 76.17%
Announcement Date 1/24/20 1/26/21 1/25/22 1/25/23 1/25/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
65.99 USD
Average target price
71.47 USD
Spread / Average Target
+8.31%
Consensus
  1. Stock Market
  2. Equities
  3. NEE Stock
  4. Financials NextEra Energy