NextEra Energy (NEE) Stock Analysis

June 13, 2026

Here is a fundamental analysis of NextEra Energy (NEE), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.

Performance

Cumulative Growth

NEE

GSPC

NextEra Energy (NEE) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for NextEra Energy (NEE) and S&P 500 (GSPC). Returns over one year are annualized.

Performance at a Glance

NextEra Energy (NEE) metric values compared with Utilities industry-group medians
Metric	Current stock: NEE	Industry group median
1-Year Return	19.83%	16.99%

Risk

Drawdown

NEE

GSPC

NextEra Energy (NEE) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

NextEra Energy (NEE) metric values compared with Utilities industry-group medians
Metric	Current stock: NEE	Industry group median
1-Year Volatility	23.80%	21.63%
Beta	0.67	0.55

Company Profile

Company profile fields for NextEra Energy (NEE)
Profile Item	NEE
Name	NextEra Energy, Inc.
Country/Region	United States
GICS Sector	Utilities
GICS Industry Group	Utilities
GICS Industry	Electric Utilities
GICS Sub-Industry	Electric Utilities
Market Capitalization	179.34 billion USD
Currency	USD
Exchange	NYSE
Listing Date	February 21, 1973
Security Type	Common Stock

Valuation

Price-to-Earnings Ratio (TTM)

NextEra Energy (NEE) trades at P/E ratio of 21.82, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

NEE

Utilities industry group

21.82

Group distribution

Max: 31.39
Q3: 22.99
NEE: 21.82
Median: 19.91
Q1: 16.35
Min: 7.60

Largest peers

SRE: 31.39
SO: 24.04
CEG: 22.03
NEE: 21.82
DUK: 19.23
AEP: 19.12
NGG: 18.68

Where NextEra Energy (NEE) stands on P/E ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Sales Ratio (TTM)

NextEra Energy (NEE) trades at 6.44 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

NEE

Utilities industry group

6.44

Group distribution

NEE: 6.44
Max: 6.44
Q3: 3.60
Median: 2.62
Q1: 1.64
Min: 0.00

Largest peers

NEE: 6.44
NGG: 4.60
SRE: 4.45
SO: 3.51
AEP: 3.13
CEG: 3.03
DUK: 2.98

Where NextEra Energy (NEE) stands on P/S ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Book Ratio (MRQ)

NextEra Energy (NEE) trades at 3.25 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

NEE

Utilities industry group

3.25

Group distribution

Max: 3.79
NEE: 3.25
Q3: 2.41
Median: 1.90
Q1: 1.42
Min: 0.34

Largest peers

NGG: 8.19
NEE: 3.25
SO: 2.85
CEG: 2.75
AEP: 2.21
SRE: 1.91
DUK: 1.82

Where NextEra Energy (NEE) stands on P/B ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Valuation at a Glance

NextEra Energy (NEE) metric values compared with Utilities industry-group medians
Metric	Current stock: NEE	Industry group median
Price-to-Earnings Ratio (TTM)	21.82	19.91
Price-to-Sales Ratio (TTM)	6.44	2.62
Price-to-Book Ratio (MRQ)	3.25	1.90
Free Cash Flow Yield	-10.29%	-5.99%

Profitability

Return on Equity (TTM)

NextEra Energy (NEE) posts ROE of 10.33%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

NEE

Utilities industry group

10.33%

Group distribution

Max: 16.11%
Q3: 11.15%
NEE: 10.33%
Median: 9.46%
Q1: 7.50%
Min: 2.67%

Largest peers

CEG: 16.11%
AEP: 12.59%
SO: 10.99%
NEE: 10.33%
DUK: 9.66%
NGG: 8.41%
SRE: 5.69%

Where NextEra Energy (NEE) stands on ROE within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Net Profit Margin (TTM)

NextEra Energy (NEE) keeps 29.37% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

NEE

Utilities industry group

29.37%

Group distribution

NEE: 29.37%
Max: 29.37%
Q3: 17.31%
Median: 12.55%
Q1: 9.24%
Min: -0.65%

Largest peers

NEE: 29.37%
NGG: 18.32%
AEP: 16.29%
DUK: 15.71%
SO: 14.46%
SRE: 14.43%
CEG: 12.69%

Where NextEra Energy (NEE) stands on net margin within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Operating Profit Margin (TTM)

NextEra Energy (NEE) turns 30.18% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

NEE

Utilities industry group

30.18%

Group distribution

Max: 43.52%
NEE: 30.18%
Q3: 30.09%
Median: 23.50%
Q1: 16.61%
Min: 0.00%

Largest peers

NGG: 32.60%
SRE: 30.62%
NEE: 30.18%
SO: 25.82%
DUK: 25.51%
AEP: 23.74%
CEG: 21.86%

Where NextEra Energy (NEE) stands on operating margin within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Profitability at a Glance

NextEra Energy (NEE) metric values compared with Utilities industry-group medians
Metric	Current stock: NEE	Industry group median
Return on Equity (TTM)	10.33%	9.46%
Return on Assets (TTM)	2.41%	2.96%
Net Profit Margin (TTM)	29.37%	12.55%
Operating Profit Margin (TTM)	30.18%	23.50%
Gross Profit Margin (TTM)	61.40%	43.69%

Financial Strength

Current Ratio (MRQ)

NextEra Energy (NEE) has current ratio of 0.54, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

NEE

Utilities industry group

0.54

Group distribution

Max: 1.88
Q3: 1.16
Median: 0.90
Q1: 0.65
NEE: 0.54
Min: 0.33

Largest peers

SRE: 1.69
CEG: 1.36
NGG: 0.76
DUK: 0.66
SO: 0.65
NEE: 0.54
AEP: 0.53

Where NextEra Energy (NEE) stands on current ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Debt-to-Equity Ratio (MRQ)

NextEra Energy (NEE) has debt-to-equity ratio of 1.57, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

NEE

Utilities industry group

1.57

Group distribution

Max: 3.02
Q3: 1.81
NEE: 1.57
Median: 1.34
Q1: 0.85
Min: 0.00

Largest peers

SO: 1.90
DUK: 1.61
AEP: 1.57
NEE: 1.57
NGG: 1.21
SRE: 0.85
CEG: 0.66

Where NextEra Energy (NEE) stands on debt-to-equity ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength at a Glance

NextEra Energy (NEE) metric values compared with Utilities industry-group medians
Metric	Current stock: NEE	Industry group median
Current Ratio (MRQ)	0.54	0.90
Debt-to-Equity Ratio (MRQ)	1.57	1.34
Net Debt / EBITDA	7.23	5.41

Dividends

Dividend Yield (TTM)

NextEra Energy (NEE) has dividend yield of 2.90%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

NEE

Utilities industry group

2.90%

Group distribution

Max: 6.25%
Q3: 3.95%
Median: 3.10%
NEE: 2.90%
Q1: 2.33%
Min: 0.00%

Largest peers

NGG: 3.96%
DUK: 3.41%
SO: 3.23%
AEP: 2.94%
NEE: 2.90%
SRE: 2.85%
CEG: 0.67%

Where NextEra Energy (NEE) stands on dividend yield within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

NextEra Energy (NEE) has payout ratio of 58.95%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

NEE

Utilities industry group

58.95%

Group distribution

Max: 116.67%
Q3: 73.40%
NEE: 58.95%
Median: 58.69%
Q1: 36.87%
Min: 0.00%

Largest peers

SRE: 88.18%
SO: 75.70%
NGG: 71.18%
DUK: 65.23%
NEE: 58.95%
AEP: 55.62%
CEG: 13.81%

Where NextEra Energy (NEE) stands on payout ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Dividends at a Glance

NextEra Energy (NEE) metric values compared with Utilities industry-group medians
Metric	Current stock: NEE	Industry group median
Dividend Yield (TTM)	2.90%	3.10%
Dividend Payout Ratio (TTM)	58.95%	58.69%