# NextEra Energy Inc. (NEE) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Utilities / Electric Utilities. Price $83.43, market value $174.0 billion.

## Valuation
- **P/E (trailing): 18.7×** (5-yr avg 28.3×, 3-yr avg 20.0×). NextEra Energy Inc. trades at 18.7× trailing earnings, well below its own five-year average of 28.3×: cheap by its own standards. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 19.0×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 6.4×**. Each dollar of revenue is priced at 6.4×.
- **Price / book: 3.0×**. The shares trade at 3.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 16.2×**. Enterprise value is 16.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Earnings yield: 5.3%**. The inverse of the P/E: 5.3% of the price is earned each year.

## Profitability
- **Operating margin: 31.8%**. 31.8% of revenue is left after running the business, an exceptional level.
- **Net margin: 26.5%**. 26.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.5%**. 12.5% on shareholders' equity is solid.
- **Return on invested capital: 4.7%**. Return on all capital, debt included, is 4.7%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 4.4%**. Each dollar of assets produces 4.4% of profit.

## Growth
- **Revenue growth (1 yr): 9.8%** (3-yr 3.9%/yr, 5-yr 8.7%/yr). Revenue grew 9.8% over the last year, against 8.7% a year compounded over five years.
- **EPS growth (1 yr): -2.1%** (3-yr 16.3%/yr, 5-yr 17.4%/yr). Earnings per share fell 2.1%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 1.70**. Debt is 1.70 times equity, a leveraged balance sheet, which is normal for utilities.
- **Net debt / EBITDA: 5.5×**. It would take 5.5 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 1.32**. A Z-score of 1.32 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 2.99%** ($2.38 per share, trailing). NextEra Energy Inc. yields 2.99%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 68%**. 68% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 10.1%/yr** (1-yr 10.1%). The dividend has compounded at 10.1% a year over five years, doubling roughly every 7 years at that pace.

## Analyst view
- **Analyst consensus: buy** (18 analysts). 18 analysts cover NextEra Energy Inc.; the consensus is buy, with an average price target of $98.39 (+18% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 20.2%** (YTD 5.4%, 3-mo -2.8%). The shares are up 20.2% over twelve months including dividends.
- **From 52-week high: -15.5%** (20.3% above the low). Trading 16% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 0.14** (volatility 21%). Beta of 0.14 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NEE · Page: https://foliofundamentals.com/stocks/nee

Not investment advice.