Financials NextEra Energy

Equities

NEE

US65339F1012

Electric Utilities

Market Closed - Nyse 21:00:02 24/06/2024 BST 5-day change 1st Jan Change
73.85 USD +1.43% Intraday chart for NextEra Energy +1.08% +21.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 118,362 151,143 183,185 166,127 124,621 149,591 - -
Enterprise Value (EV) 1 160,345 198,129 237,373 229,492 195,142 228,250 234,703 243,213
P/E ratio 31.2 x 52.1 x 51.6 x 39.8 x 16.9 x 21.5 x 19.9 x 18.4 x
Yield 2.06% 1.81% 1.65% 2.03% 3.08% 2.82% 3.1% 3.4%
Capitalization / Revenue 6.16 x 8.4 x 10.7 x 7.93 x 4.43 x 5.4 x 4.93 x 4.61 x
EV / Revenue 8.35 x 11 x 13.9 x 11 x 6.94 x 8.24 x 7.73 x 7.5 x
EV / EBITDA 16.8 x 23.7 x 34.7 x 26.7 x 12.1 x 13.9 x 13.6 x 12.9 x
EV / FCF -62.4 x -31 x -28.8 x -21.3 x -14.3 x -25.6 x -33.9 x -34 x
FCF Yield -1.6% -3.22% -3.48% -4.71% -6.98% -3.91% -2.95% -2.94%
Price to Book 3.2 x 4.14 x 4.95 x 4.22 x 2.63 x 2.65 x 2.47 x 2.3 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 72.81 72.81 72.81
Announcement Date 24/01/20 26/01/21 25/01/22 25/01/23 25/01/24 - - -
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 27,706 30,372 32,437
EBITDA 1 9,569 8,377 6,835 8,584 16,116 16,446 17,214 18,832
EBIT 1 5,353 5,116 2,913 4,081 10,237 10,054 11,062 11,883
Operating Margin 27.87% 28.43% 17.07% 19.47% 36.41% 36.29% 36.42% 36.63%
Earnings before Tax (EBT) 1 3,836 2,413 3,175 3,832 7,288 7,710 8,653 9,257
Net income 1 3,769 2,919 3,573 4,147 7,310 6,934 7,533 8,163
Net margin 19.63% 16.22% 20.93% 19.79% 26% 25.03% 24.8% 25.16%
EPS 2 1.940 1.480 1.810 2.100 3.600 3.388 3.666 3.949
Free Cash Flow 1 -2,570 -6,382 -8,249 -10,798 -13,627 -8,920 -6,928 -7,152
FCF margin -13.38% -35.46% -48.33% -51.53% -48.47% -32.19% -22.81% -22.05%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.250 1.400 1.540 1.700 1.870 2.056 2.255 2.475
Announcement Date 24/01/20 26/01/21 25/01/22 25/01/23 25/01/24 - - -
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 7,320 8,058 7,431 6,870 -
EBITDA 1 2,317 2,460 2,393 3,151 3,215 3,764 4,293 3,793 4,267 2,911 4,534 4,898 5,141 4,205 -
EBIT 1 1,355 1,575 948 1,862 2,045 2,942 2,799 1,836 2,660 2,013 2,614 2,814 2,194 2,694 -
Operating Margin 26.85% 54.5% 18.29% 27.71% 33.18% 43.81% 38.09% 25.6% 38.68% 35.12% 35.71% 34.93% 29.52% 39.21% -
Earnings before Tax (EBT) 1 1,218 -1,052 1,407 1,882 1,596 2,171 3,061 973 1,083 2,164 2,218 2,117 1,544 2,382 -
Net income 1 1,204 -451 1,380 1,696 1,522 2,086 2,795 1,219 1,210 2,268 1,899 1,788 1,402 - -
Net margin 23.86% -15.61% 26.63% 25.24% 24.69% 31.06% 38.03% 17% 17.59% 39.57% 25.94% 22.19% 18.87% - -
EPS 2 0.6100 -0.2300 0.7000 0.8600 0.7600 1.040 1.380 0.6000 0.5900 1.100 0.9290 0.9055 0.6482 0.9000 1.050
Dividend per Share 2 0.3850 0.4250 0.4250 0.4250 0.4250 0.4675 0.4675 0.4675 0.4675 - 0.5169 0.5169 0.5169 0.5651 0.5637
Announcement Date 25/01/22 21/04/22 22/07/22 28/10/22 25/01/23 25/04/23 25/07/23 24/10/23 25/01/24 23/04/24 - - - - -
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 78,659 85,113 93,622
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.387 x 5.609 x 7.928 x 7.382 x 4.376 x 4.783 x 4.944 x 4.971 x
Free Cash Flow 1 -2,570 -6,382 -8,249 -10,798 -13,627 -8,920 -6,928 -7,152
ROE (net income / shareholders' equity) 11.4% 7.94% 9.69% 10.9% 14.9% 13.2% 13.1% 13.4%
ROA (Net income/ Total Assets) 3.67% 2.38% 2.66% 2.77% 3.83% 3.75% 3.85% 3.85%
Assets 1 102,712 122,688 134,298 149,922 190,906 184,919 195,654 212,017
Book Value Per Share 2 18.90 18.60 18.90 19.80 23.10 27.40 29.50 31.60
Cash Flow per Share 2 4.200 4.050 3.830 4.170 5.560 6.270 6.810 6.990
Capex 1 10,725 14,365 15,802 19,060 24,928 21,949 23,296 24,999
Capex / Sales 55.85% 79.82% 92.58% 90.95% 88.67% 79.22% 76.7% 77.07%
Announcement Date 24/01/20 26/01/21 25/01/22 25/01/23 25/01/24 - - -
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
73.85 USD
Average target price
76.47 USD
Spread / Average Target
+3.55%
Consensus
  1. Stock Market
  2. Equities
  3. NEE Stock
  4. Financials NextEra Energy