Nextera Energy Inc (NEE)
Fair ValueFundamental
62
Price
$75.06
Market Cap
$157.44B
Part 1 · What the company is worth
Overview
NextEra Energy, Inc., through its subsidiaries, generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America. It operates through Florida Power & Light Company (FPL) and NEER segments. The company generates electricity from wind, solar, nuclear, natural gas, and other clean energy assets. It also invests in generation, storage, transmission, and distribution facilities; owns, develops, constructs, manages, and operates generation facilities, including renewables, nuclear and natural gas, and battery storage facilities in the wholesale energy market in the United States and Canada, as well as electric and gas transmission assets, and natural gas pipelines; provides full energy and capacity requirement services; markets and trades in energy-related commodities; and participates in the production of natural gas, natural gas liquids, and oil. As of December 31, 2025, the company had approximately 35,963 megawatts of net generating capacity; approximately 93,000 circuit miles of transmission and distribution lines; and 932 substations. It serves approximately 12 million people through approximately 6 million customer accounts on the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on September 19, 2026 with claude-haiku-4-5 — shared with all users
Duke is the other large rate-regulated electric utility operating inside Florida, so it serves the same kind of residential and commercial power customers and argues for the same rate-base investment before state regulators.
Southern runs the closest comparable business in the US Southeast — large regulated electric utilities plus a wholesale generation arm selling power under long-term contracts to the same utilities and large industrial buyers NextEra targets.
Xcel pairs regulated electric utilities with one of the largest US wind fleets, so it competes for the same renewable development pipeline and the same investor capital allocated to the clean-energy transition.
Dominion serves regulated electric customers in the US Southeast and Mid-Atlantic and is building large-scale offshore wind and solar, putting it in direct competition for the same regulated growth and clean-generation projects.
AES competes head-on with NextEra Energy Resources for utility-scale wind, solar and battery-storage contracts, including the power-purchase agreements signed with large corporate and data-centre buyers.
Invenergy is the largest privately held US developer of wind, solar and storage projects and bids against NextEra for the same sites, interconnection queues and long-term offtake contracts.
Balance Sheet & Liquidity
Revenue
$25.90B
Trailing 12 months (through 3/31/2026)
Net Income
$8.18B
Trailing 12 months (through 3/31/2026)
Free Cash Flow
-
Total Equity
$54.61B
Total Liabilities
$146.24B
Current Ratio
0.54
Interest Coverage
-
Debt/EBITDA
7.03
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$78.22
Current Price
$75.06
Margin of Safety
+4.0%
Fair Value Range
$57.15 - $99.29
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
19.22
ROE
12.5%
P/B Ratio
2.86
P/FCF
-
Gross Margin
-
ROIC
3.3%
Profitability Radar
Value Creation (Economic Moat)
ROIC
3.3%
WACC
4.8%
ROIC − WACC
-1.5 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental Analysis Criteria
Passed (16)
- EPS shows upward trend
- Price CAGR 10.67%
- P/B Ratio 2.86
- Debt/Equity ratio
- Operating Margin 31.8%
- Return on Tangible Assets
- Low reliance on intangibles
- ROE 16.8%
- Revenue Growth 5Y 9.2%
- Analyst Consensus 64% Buy
- Earnings Surprise avg 6.8%
- PEG Ratio 0.97
- Earnings Quality (OCF/NI) 1.51
- Share Dilution 0.5%
- Net Margin Trend 31.6% vs 22.9%
- Piotroski F-Score 5/9
Failed (6)
- EPS CAGR 0.05%
- ROIC 3.3%
- Current Ratio
- Debt/EBITDA
- Price below Graham Number
- DCF valuation (Unknown)
Unavailable (6)
- Gross Margin NaN%
- P/FCF NaN
- Dividend Payout NaN%
- Positive Free Cash Flow
- CapEx intensity
- Interest Coverage
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Share count is stable
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. John W. Ketchum J.D. | President, CEO & Chairman | 54 |
| Mr. Michael H. Dunne | CFO & Executive VP of Finance | 49 |
| Mr. Charles E. Sieving J.D. | Executive VP and Chief Legal, Environmental & Federal Regulatory Affairs Officer | 52 |
| Mr. Brian W. Bolster | President & CEO of NextEra Energy Resources | 52 |
| Mr. William John Gough | VP, Controller and Chief Accounting Officer | 38 |
| Mr. Michael Dowling | Head of Investor Relations | - |
| Mr. David Flechner | VP of Compliance & Corporate Secretary | - |
| Mr. Mark E. Hickson | Executive Vice President of Corporate Development & Strategy | 57 |
| Ms. Nicole J. Daggs | Executive Vice President of Human Resources & Corporate Services | 50 |
| Dr. Robert Coffey | Executive VP of Nuclear Division & Chief Nuclear Officer | 61 |
Audit Risk
7
Board Risk
6
Compensation Risk
7
Shareholder Rights Risk
3
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-13
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-07-24
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-14
via SEC EDGAR
Income History
via SEC EDGAR
Latest News
Recent headlines for NEE, sourced from Markets Gazette.
- 17d agoNEUTRALNextEra, Dominion Offer Virginia More Aid to Ease Deal Fears
NextEra Energy Inc. and Dominion Energy Inc. are intensifying efforts to gain regulatory approval for their $67 billion merger in Virginia. The companies have proposed additional customer bill credits and commitments to create new jobs, aiming to alleviate concerns that the deal could lead to increased utility rates for residents. This move is crucial for the companies to navigate the regulatory landscape and secure the necessary approvals for the transaction to proceed. Investors will be monitoring the outcome of these negotiations closely, as regulatory approval is a key determinant of the deal's success and its potential impact on shareholder value.
- 6/23/2026POSITIVEAI’s power hunger is turning electric utilities into Wall Street growth stocks — and customers may pay the price
The burgeoning demand for electricity driven by Artificial Intelligence data centers is transforming electric utilities into attractive investment opportunities. Companies like NextEra Energy are leveraging this surge, with data centers representing a significant growth driver. The increased infrastructure investment, supported by approximately 10% profit margins, is justifying substantial capital expenditures. This trend positions utilities, traditionally seen as stable but slow-growing, as potential Wall Street growth stocks, though it may lead to higher costs for consumers.
- 5/28/2026POSITIVENextEra Is Betting Its Dominion Deal Can Speed US Infrastructure for AI
NextEra Energy is leveraging its proposed acquisition of Dominion Energy's gas transmission and storage assets to accelerate the build-out of US infrastructure critical for Artificial Intelligence (AI) development. The deal, valued at $14 billion, is expected to streamline regulatory processes and unlock significant capital for grid modernization and expansion. This strategic move positions NextEra to capitalize on the burgeoning demand for reliable and high-capacity power driven by AI data centers and computing needs. Investors may see this as a forward-thinking strategy to secure future growth in a rapidly evolving energy landscape.
- 5/20/2026POSITIVENextEra to Buy Dominion for $67B to Form Power Giant
NextEra Energy has agreed to acquire Dominion Energy in a landmark $67 billion stock deal, forging the largest utility company in the United States. This strategic merger, set to create a power giant spanning from Florida to the burgeoning AI data centers in Virginia, is the biggest acquisition in the power sector's history. The combined entity is poised to leverage significant scale and operational synergies, potentially enhancing its market position and ability to serve growing energy demands, particularly from the technology sector. Investors may see this as a move to consolidate market share and drive future growth.
- 5/20/2026NEUTRALAlibaba, NextEra Energy, Transocean And A Real Estate Stock On CNBC's 'Final Trades'
CNBC's Halftime Report featured 'Final Trades' recommendations for several stocks, including NextEra Energy (NEE), Transocean (RIG), Alibaba (BABA), and Welltower (WELL). While these were presented as potential investment opportunities, the segment itself is informational and does not provide specific performance data or forward-looking guidance for these companies. Investors should view these mentions as points of interest rather than direct endorsements, requiring further due diligence before making any investment decisions.
- 5/19/2026POSITIVENextEra’s Mega-Deal Heralds the Age of the Battery
NextEra Energy is strategically focusing on energy storage solutions, anticipating a surge in demand driven by the rapid expansion of data centers. This pivot towards battery storage positions the company to capitalize on a critical infrastructure need. The company's proactive approach in addressing the energy demands of burgeoning tech sectors, particularly data centers, suggests a strong growth outlook. Investors may see this as a positive development, indicating NextEra's adaptability and foresight in a rapidly evolving energy landscape, potentially leading to increased revenue streams and market share in the energy storage segment.
- 5/18/2026NEUTRALWhat NextEra and Dominion’s giant utility merger means for your electric bill
The potential merger between NextEra Energy and Dominion Energy is under scrutiny, with implications for consumer energy costs. While the article doesn't detail the financial terms or immediate impact, the proposed union of two of the largest US utilities could lead to significant market consolidation. Investors will be watching for regulatory approvals and potential synergies, but the primary concern highlighted is the effect on residential electricity bills, which have already risen for three-quarters of Americans. The long-term outcome for shareholders and consumers remains uncertain pending further developments.
- 5/18/2026POSITIVENextEra’s $67 billion Dominion takeover creates the world’s largest utility—just in time to win the AI data-center power surge
NextEra Energy has announced a monumental $67 billion acquisition of Dominion Energy, a move poised to create the world's largest utility company. This strategic consolidation is explicitly timed to capitalize on the burgeoning demand for power from AI data centers. By achieving significant scale and aiming for cost efficiencies, NextEra intends to offer the competitive energy pricing and reliable supply that AI infrastructure developers require. The deal's success hinges on integrating Dominion's assets and leveraging the combined entity's capacity to meet the escalating energy needs of the AI revolution, potentially setting a new benchmark for utility sector growth.
- 5/18/2026POSITIVENextEra’s Mega-Utility Deal to Shore Up Its Credit Profile
NextEra Energy Inc.'s proposed $67 billion acquisition of Dominion Energy Inc. is poised to significantly enhance its credit profile, according to rating agencies. The deal, which would establish a dominant energy entity across Florida and Virginia, is viewed as a strategic move that strengthens NextEra's financial standing. Investors may see this consolidation as a positive development, potentially leading to improved operational efficiencies and a more robust credit rating, which could translate into lower borrowing costs and increased investor confidence in the company's long-term stability and growth prospects.
via Markets Gazette