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Nextera Energy Inc Financials

NEE
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Nextera Energy Inc (NEE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 51 / 100
Financial Profile 51/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
94

Nextera Energy Inc has an operating margin of 32.1%, meaning the company retains $32 of operating profit per $100 of revenue. This strong profitability earns a score of 94/100, reflecting efficient cost management and pricing power. This is up from 31.8% the prior year.

Growth
50

Nextera Energy Inc's revenue grew 9.8% year-over-year to $25.8B, a solid pace of expansion. This earns a growth score of 50/100.

Leverage
69

Nextera Energy Inc carries a low D/E ratio of 1.64, meaning only $1.64 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 69/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
6

Nextera Energy Inc's current ratio of 0.60 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 6/100, which could limit financial flexibility.

Returns
39

Nextera Energy Inc's ROE of 12.5% shows moderate profitability relative to equity, earning a score of 39/100. This is down from 13.9% the prior year.

Altman Z-Score Distress
1.22

Nextera Energy Inc scores 1.22, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($194.1B) relative to total liabilities ($146.2B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral
4/9

Nextera Energy Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.83x

For every $1 of reported earnings, Nextera Energy Inc generates $1.83 in operating cash flow ($12.5B OCF vs $6.8B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$25.8B
YoY+9.8%
5Y CAGR+8.7%

Nextera Energy Inc generated $25.8B in revenue in fiscal year 2025. This represents an increase of 9.8% from the prior year.

EBITDA
$14.9B
YoY+14.8%
5Y CAGR+10.1%
10Y CAGR+7.1%

Nextera Energy Inc's EBITDA was $14.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 14.8% from the prior year.

Net Income
$6.8B
YoY-1.6%
5Y CAGR+18.5%
10Y CAGR+9.5%

Nextera Energy Inc reported $6.8B in net income in fiscal year 2025. This represents a decrease of 1.6% from the prior year.

EPS (Diluted)
$3.30
YoY-2.1%
5Y CAGR+17.4%

Nextera Energy Inc earned $3.30 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 2.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$2.8B
YoY+89.1%
5Y CAGR+20.5%
10Y CAGR+17.3%

Nextera Energy Inc held $2.8B in cash against $89.6B in long-term debt as of fiscal year 2025.

Dividends Per Share
$2.27
YoY+10.2%
5Y CAGR+10.1%

Nextera Energy Inc paid $2.27 per share in dividends in fiscal year 2025. This represents an increase of 10.2% from the prior year.

Shares Outstanding
2.08B
YoY+1.3%
5Y CAGR+1.2%

Nextera Energy Inc had 2.08B shares outstanding in fiscal year 2025. This represents an increase of 1.3% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
32.1%
YoY+0.3pp
5Y CAGR+2.0pp

Nextera Energy Inc's operating margin was 32.1% in fiscal year 2025, reflecting core business profitability. This is up 0.3 percentage points from the prior year.

Net Margin
26.5%
YoY-3.1pp
5Y CAGR+9.3pp

Nextera Energy Inc's net profit margin was 26.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.1 percentage points from the prior year.

Return on Equity
12.5%
YoY-1.3pp
5Y CAGR+4.5pp
10Y CAGR+0.3pp

Nextera Energy Inc's ROE was 12.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 1.3 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

NEE Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $6.0B-18.9% $7.4B+15.6% $6.4B+6.7% $6.0B+11.1% $5.4B-19.4% $6.7B+11.7% $6.0B+11.1% $5.4B
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A N/A N/A N/A
Operating Income $1.6B-37.2% $2.5B+32.2% $1.9B-15.3% $2.3B+140.0% $940.0M-67.1% $2.9B+71.0% $1.7B-17.0% $2.0B
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $225.0M+190.0% -$250.0M+2.3% -$256.0M+50.9% -$521.0M-404.7% $171.0M+3320.0% $5.0M+107.8% -$64.0M-128.2% $227.0M
Net Income $1.5B-37.0% $2.4B+20.2% $2.0B+143.5% $833.0M-30.8% $1.2B-35.0% $1.9B+14.2% $1.6B-28.5% $2.3B
EPS (Diluted) N/A $1.18+20.4% $0.98+145.0% $0.40 N/A $0.90+13.9% $0.79-28.2% $1.10

NEE Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $212.7B+4.1% $204.4B+2.8% $198.8B+2.4% $194.3B+2.2% $190.1B+2.2% $186.0B+0.7% $184.7B+2.7% $179.9B
Current Assets $13.6B+7.2% $12.7B+1.4% $12.5B-1.2% $12.6B+5.8% $12.0B-1.9% $12.2B-4.9% $12.8B+1.0% $12.7B
Cash & Equivalents $2.8B+17.6% $2.4B+38.4% $1.7B-28.6% $2.4B+62.7% $1.5B-34.3% $2.3B+45.9% $1.6B-5.5% $1.6B
Inventory $2.4B-0.2% $2.4B+9.9% $2.2B-5.1% $2.3B+5.1% $2.2B-1.9% $2.3B+4.8% $2.2B+1.1% $2.1B
Accounts Receivable $4.0B+1.9% $3.9B+1.8% $3.9B+22.8% $3.2B-5.5% $3.3B-6.1% $3.6B-1.3% $3.6B+15.5% $3.1B
Goodwill $4.8B0.0% $4.8B-0.4% $4.9B0.0% $4.9B0.0% $4.9B-1.1% $4.9B-3.3% $5.1B0.0% $5.1B
Total Liabilities $146.2B+4.6% $139.8B+1.3% $137.9B+3.0% $133.9B+3.6% $129.3B+2.2% $126.5B+0.9% $125.3B+3.9% $120.6B
Current Liabilities $22.8B-0.4% $22.9B-0.6% $23.0B+0.8% $22.9B-9.8% $25.4B-14.5% $29.6B+13.0% $26.2B+5.8% $24.8B
Long-Term Debt $89.6B+6.4% $84.2B+1.8% $82.7B+3.6% $79.8B+10.3% $72.4B+9.5% $66.1B-3.5% $68.5B+4.0% $65.9B
Total Equity $54.6B+0.8% $54.2B+6.7% $50.8B+2.0% $49.8B-0.6% $50.1B+0.1% $50.1B+1.9% $49.1B+1.0% $48.6B
Retained Earnings $35.1B+1.0% $34.7B+3.8% $33.5B+2.6% $32.6B-1.0% $32.9B+0.4% $32.8B+2.5% $32.0B+1.8% $31.4B

NEE Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $2.5B-38.0% $4.0B+26.3% $3.2B+15.2% $2.8B+39.8% $2.0B-53.6% $4.3B+8.5% $3.9B+27.8% $3.1B
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow -$5.2B-2.0% -$5.1B+12.2% -$5.8B+24.6% -$7.7B-99.1% -$3.9B+8.9% -$4.3B+11.4% -$4.8B+48.4% -$9.3B
Financing Cash Flow $3.0B+65.4% $1.8B-11.7% $2.1B-66.3% $6.1B+723.6% $741.0M+61.4% $459.0M-39.8% $762.0M-84.9% $5.0B
Dividends Paid $1.2B+1.2% $1.2B+0.1% $1.2B0.0% $1.2B+10.1% $1.1B-0.2% $1.1B+0.4% $1.1B-0.1% $1.1B
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

NEE Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin 26.4%-7.7pp 34.2%+4.3pp 29.9%-7.7pp 37.6%+20.2pp 17.4%-25.2pp 42.6%+14.8pp 27.8%-9.5pp 37.3%
Net Margin 25.6%-7.4pp 33.0%+1.3pp 31.7%+17.8pp 13.9%-8.4pp 22.3%-5.3pp 27.6%+0.6pp 27.0%-15.0pp 42.0%
Return on Equity 2.8%-1.7pp 4.5%+0.5pp 4.0%+2.3pp 1.7%-0.7pp 2.4%-1.3pp 3.7%+0.4pp 3.3%-1.4pp 4.7%
Return on Assets 0.7%-0.5pp 1.2%+0.2pp 1.0%+0.6pp 0.4%-0.2pp 0.6%-0.4pp 1.0%+0.1pp 0.9%-0.4pp 1.3%
Current Ratio 0.60+0.0 0.55+0.0 0.54-0.0 0.55+0.1 0.47+0.1 0.41-0.1 0.49-0.0 0.51
Debt-to-Equity 1.64+0.1 1.55-0.1 1.63+0.0 1.60+0.2 1.44+0.1 1.32-0.1 1.39+0.0 1.35
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Note: The current ratio is below 1.0 (0.60), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Nextera Energy Inc (NEE) reported $25.8B in total revenue for fiscal year 2025. This represents a 9.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Nextera Energy Inc (NEE) revenue grew by 9.8% year-over-year, from $23.5B to $25.8B in fiscal year 2025.

Yes, Nextera Energy Inc (NEE) reported a net income of $6.8B in fiscal year 2025, with a net profit margin of 26.5%.

Nextera Energy Inc (NEE) reported diluted earnings per share of $3.30 for fiscal year 2025. This represents a -2.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Nextera Energy Inc (NEE) had EBITDA of $14.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Nextera Energy Inc (NEE) had $2.8B in cash and equivalents against $89.6B in long-term debt.

Nextera Energy Inc (NEE) had an operating margin of 32.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Nextera Energy Inc (NEE) had a net profit margin of 26.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Nextera Energy Inc (NEE) paid $2.27 per share in dividends during fiscal year 2025.

Nextera Energy Inc (NEE) has a return on equity of 12.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Nextera Energy Inc (NEE) generated $12.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Nextera Energy Inc (NEE) had $212.7B in total assets as of fiscal year 2025, including both current and long-term assets.

Nextera Energy Inc (NEE) had 2.08B shares outstanding as of fiscal year 2025.

Nextera Energy Inc (NEE) had a current ratio of 0.60 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Nextera Energy Inc (NEE) had a debt-to-equity ratio of 1.64 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Nextera Energy Inc (NEE) had a return on assets of 3.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Nextera Energy Inc (NEE) has an Altman Z-Score of 1.22, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Nextera Energy Inc (NEE) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Nextera Energy Inc (NEE) has an earnings quality ratio of 1.83x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Nextera Energy Inc (NEE) scores 51 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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