NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. The company had approximately 33,276 megawatts of net generating capacity; approximately 90,000 circuit miles of transmission and distribution lines; and 883 substations. It serves approximately 12 million people through approximately 5.9 million customer accounts in 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.
Renewable Powerhouse | NextEra Energy leads the U.S. power sector with a $159 billion market cap, boasting one of the world's largest renewable energy backlogs and strong growth potential. |
Financial Trajectory | Explore NextEra's steady EPS growth forecast, 6-8% CAGR through 2027, and a 2.7% dividend yield, reflecting market confidence in its operational efficiency. |
Strategic Partnerships | Delve into NextEra's key agreements, including an 860MW deal with Google, showcasing its ability to secure large-scale contracts and drive renewable energy adoption. |
Market Opportunities | Learn how NextEra is positioned to capitalize on surging power demand, particularly from data centers, with analyst price targets ranging from $66 to $84 per share. |
Metrics to compare | NEE | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipNEEPeersSector | |
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P/E Ratio | 22.4x | 26.0x | 11.9x | |
PEG Ratio | −2.05 | 0.01 | 0.02 | |
Price/Book | 3.1x | 6.4x | 1.3x | |
Price / LTM Sales | 5.9x | 3.3x | 1.6x | |
Upside (Analyst Target) | 18.2% | 1.5% | 17.5% | |
Fair Value Upside | Unlock | −15.6% | 1.3% | Unlock |