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 facilities, 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 35,052 megawatts of net generating capacity; approximately 91,000 circuit miles of transmission and distribution lines; and 921 substations. It serves approximately 12 million people through approximately 6 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.
Strategic Expansion | Delve into NEE's partnership with GE Vernova for gas generation, potentially expanding its market reach while balancing its renewable energy commitments |
Regulatory Challenges | Explore how NextEra navigates complex regulatory environments, including upcoming rate reviews and potential policy shifts affecting renewable incentives |
Financial Resilience | Consistent dividend growth for 29 years and a 3.2% yield underscore NEE's financial stability, with EPS projections showing steady growth through 2027 |
Renewable Powerhouse | NextEra Energy leads in renewable energy development, boasting a 25GW project backlog and strategic partnerships with tech giants like Google |
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 | 21.4x | 18.2x | 11.9x | |
PEG Ratio | −3.28 | 2.90 | 0.02 | |
Price / Book | 3.0x | 2.1x | 1.3x | |
Price / LTM Sales | 6.0x | 2.8x | 1.5x | |
Upside (Analyst Target) | 18.8% | 4.6% | 17.1% | |
Fair Value Upside | Unlock | −9.4% | 3.6% | Unlock |