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.
Future Growth Outlook | Learn about NextEra's robust project pipeline exceeding 300 GW and analyst projections, with price targets ranging from $52 to $103 per share for 2025-2027. |
Regulatory Challenges | Explore how NextEra navigates policy headwinds, including executive orders on wind permitting and potential IRA budget reconciliation impacts on the renewable sector. |
Strategic Expansion | Delve into NextEra's partnership with GE Vernova for gas generation, showcasing adaptability in meeting evolving energy demands and expanding market opportunities. |
Renewable Powerhouse | NextEra Energy leads the renewable sector with a $140 billion market cap, 29-year dividend streak, and diverse energy portfolio including solar, wind, and nuclear power. |
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 | 27.8x | 20.5x | 12.3x | |
PEG Ratio | −1.03 | 3.80 | 0.02 | |
Price / Book | 3.1x | 2.0x | 1.3x | |
Price / LTM Sales | 6.1x | 2.9x | 1.6x | |
Upside (Analyst Target) | 7.5% | 10.3% | 12.0% | |
Fair Value Upside | Unlock | −14.9% | 4.0% | Unlock |