TORVANTA
Utilities · S&P 500 · data as of 2026-10-05

NEE stock analysis: NextEra Energy

NextEra Energy (NEE) is an S&P 500 company in Multi-Utilities.

The model's view of NEE · subscribers

Where NEE ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with NEE · updated 2026-10-05 · from prices and SEC filings

NEE price performance

NEE against the S&P 500, one year
+0%+10%+20%+30%S&P 500 +18%NEE +3%2025-09-292026-10-05
Year to date-2.9%S&P 500 +14.5% · behind by 17.4 pts
1 year-2.0%S&P 500 +17.0% · behind by 19.0 pts
3 years+68.7%S&P 500 +89.3% · behind by 20.6 pts
5 years+9.8%S&P 500 +91.3% · behind by 81.6 pts

Total returns with dividends reinvested.

NEE factor grades

Each grade compares NEE with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

B-ValueP/E 19.4x (industry 18.8x)FCF yield 7.8% (industry -5.1%)
BGrowthRevenue growth +8% (industry +7%)EPS growth +47% (industry +9%)
B+ProfitabilityOperating margin 31.7% (industry 20.0%)ROIC 5.5% (industry 5.5%)
CMomentum12-month change -2%From 52-wk high -21%

NEE in plain numbers

NEE key statistics

SectorUtilities
IndustryMulti-Utilities
IndexS&P 500
Market value$159.1B
Revenue growth (y/y)+8%
Free-cash-flow yield7.8%
Dividend yield3.2%
Next earnings (expected)2026-10-27
Valuation measures
Market value$159.1B
Enterprise value$254.9B
P/E (trailing)19.4x
Forward P/E (Torvanta estimate)16.4x
PEG (Torvanta estimate)0.90
Price / sales6.1x
Price / book2.9x
EV / revenue9.8x
EV / EBITDA16.9x
Financial highlights
Revenue, last 12 months$26.0B
Net income, last 12 months$8.2B
EPS, last 12 months (GAAP)$3.93
Operating margin31.7%
Net margin31.5%
Return on equity15.6%
Return on invested capital5.5%
Cash$2.0B
Total debt$97.8B
Debt / equity1.77x
Current ratio0.54x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

NEE earnings trends

Revenue vs earnings
$0$1.9B$3.7B$5.5B$7.4BJun 2024 Revenue: $6.0BSep 2024 Revenue: $6.7BDec 2024 Revenue: $5.3BMar 2025 Revenue: $6.0BJun 2025 Revenue: $6.4BSep 2025 Revenue: $7.4BDec 2025 Revenue: $6.1BMar 2026 Revenue: $6.1BJun 2024 Net income: $1.6BSep 2024 Net income: $1.9BDec 2024 Net income: $1.2BMar 2025 Net income: $833.0MJun 2025 Net income: $2.0BSep 2025 Net income: $2.4BDec 2025 Net income: $1.5BMar 2026 Net income: $2.2BJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Net margin: 27.0%Net margin: 27.6%Net margin: 22.7%Net margin: 13.9%Net margin: 31.7%Net margin: 32.9%Net margin: 25.2%Net margin: 35.8%0%18%36%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.3$0.6$0.9$1.2Jun 2024 EPS (GAAP, diluted): $0.8Sep 2024 EPS (GAAP, diluted): $0.9Dec 2024 EPS (GAAP, diluted): $0.6Mar 2025 EPS (GAAP, diluted): $0.4Jun 2025 EPS (GAAP, diluted): $1.0Sep 2025 EPS (GAAP, diluted): $1.2Dec 2025 EPS (GAAP, diluted): $0.7Mar 2026 EPS (GAAP, diluted): $1.0Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026■ EPS (GAAP, diluted) Change from a year earlier: Jun 2025 +24% · Sep 2025 +31% · Dec 2025 +26% · Mar 2026 +160%

From the company's 10-Q and 10-K filings with the SEC.

NextEra Energy financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$18.8B$22.9B$24.8B$23.4B$25.9B
Net income$3.6B$4.1B$7.3B$6.9B$6.8B
EPS (GAAP)$1.81$2.10$3.60$3.37$3.29

NEE earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-04-23$1.04+160%+2%+5.5%
2026-01-27$0.73+26%+15%+2.1%
2026-01-02$0.73+26%+15%+0.4%
2025-10-28$1.18+31%+10%-5.3%
2025-07-23$0.98+24%+7%-8.1%
2025-04-23$0.40-64%+11%-4.1%

About NextEra Energy

HeadquartersJuno Beach, FL
Industry (SEC code)Electric Services
Fiscal year endsDecember 31
Incorporated inFL
Listed onNYSE, NYSE, NYSE, NYSE, NYSE, NYSE, NYSE
FormerlyFPL GROUP INC

From the company's SEC registration record.

Companies similar to NEE

CompanyMarket valueP/ERevenue growthOperating margin12-month change
NEE NextEra Energy$159.1B19.4x+8%31.7%-2%
D Dominion Energy$53.7B18.1x+17%26.3%+3%compare
SRE Sempra$51.1B26.5x+2%n/a-12%compare
ED Consolidated Edison$38.1B17.4x+9%17.4%+8%compare
PCG PG&E$33.1B8.9x+6%20.0%-21%
AEE Ameren$27.6B17.6x+4%24.9%-1%
CNP CenterPoint$24.7B23.2x+5%22.5%-1%

All Utilities stock ratings

Frequently asked questions

Is NEE stock a buy?

Torvanta does not tell individuals what to buy. Its grades for NEE are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is NEE's P/E ratio?

NEE trades at about 19.4 times its last 12 months of GAAP earnings reported to the SEC, and about 16.4 times Torvanta's own estimate of the next 12 months.

When does NEE report earnings next?

Based on its filing history, Torvanta expects NextEra Energy to report around 2026-10-27.

Does NEE pay a dividend?

Yes. Its dividend yield is about 3.2%, and it has raised its dividend 30 years in a row.

How has NEE performed against the S&P 500?

Over the past year NEE returned -2.0%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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