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NYSE · Utilities

Nextera Energy Inc. (NEE)

As-reported financials and SEC filings for Nextera Energy Inc. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Nextera Energy Inc.

NextEra Energy Inc is a large electric power and energy infrastructure company in North America. It operates two main businesses: Florida Power & Light Company (FPL), the largest electric utility in Florida serving over six million customer accounts, and NextEra Energy Resources (NEER), which develops, constructs, and operates long-term contracted generation facilities including renewables, nuclear, and natural gas. The company provides electric generation, storage, transmission, and distribution services primarily to residential, commercial, and industrial customers across Florida and other U.S. regions.

Snapshot

Revenue
$25.80B
Revenue growth (YoY)
9.8%
Net income
$6.83B
Diluted EPS
$3.30
Gross margin
—
Operating margin
32.1%
Net margin
26.5%
FCF margin
—
ROE
10.3%
net income / fiscal-year-end equity
P/E
14.8×
trailing when available, otherwise FY EPS
Market cap
$172.06B
Long-term debt / equity
1.35×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Nextera Energy

  • Revenue grew 9.8% to $25.8B in FY2025, after a 5.2% decline the year before.
  • Operating margin is 32.1% in FY2025, +16.6 pp against 15.5% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $6.1B, up 1.7% from Q1 FY2025.
  • Net income fell 1.6% to $6.8B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Nextera Energy’s fundamentals sit among the 86 Utilities companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin32.1%
87th percentile of 77
Net margin26.5%
96th percentile of 80
Revenue growth (YoY)+9.8%
58th percentile of 82
ROE10.3%
68th percentile of 81
P/E14.8×
15th percentile of 74
Long-term debt / equity1.35×
63rd percentile of 77
Short interest5.11d
53rd percentile of 86

Nextera Energy’s net margin of 26.5% ranks in the 96th percentile of the 80 Utilities companies reporting it. Nextera Energy’s operating margin of 32.1% ranks in the 87th percentile of the 77 Utilities companies reporting it. Nextera Energy’s P/E of 14.8 ranks in the 15th percentile of the 74 peers with a meaningful P/E.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+5 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
5
4 trimmed, 1 exited
Combined position
$198.1M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$81.7M930.8KReduced
AQR Capital ManagementquantQ2 2026$70.1M800.8KAdded
Millennium ManagementquantQ2 2026$28.9M329.0KReduced
D. E. ShawquantQ2 2026$10.9M124.4KAdded
Gotham Asset ManagementQ2 2026$4.0M45.7KAdded
Dodge & CoxQ2 2026$2.0M23.0KReduced
Two Sigma InvestmentsquantQ2 2026$438,8505.0KReduced

No longer held by: Bridgewater Associates (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
62.4M
settled 2026-10-15
Change vs prior
+5.2%
vs previous settlement
Days to cover
5.11
at avg daily volume
Avg daily volume
12.2M
FINRA reported
SettlementShares shortChangeDays to cover
2026-10-1562.4M+5.2%5.11
2026-09-3059.3M+4.9%4.60
2026-09-1556.6M+13.5%5.19
2026-08-3149.8M+0.2%4.56
2026-08-1449.7M-21.2%4.81
2026-07-3163.1M+21.5%6.20
2026-07-1552.0M-10.4%4.76
2026-06-3058.0M+16.6%4.34

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$25.80B$23.50B$24.80B$23.00B$18.80B
Gross profit—————
Operating income$8.28B$7.48B$10.24B$4.08B$2.91B
Pre-tax income$4.53B$6.04B$7.29B$3.83B$3.17B
Net income$6.83B$6.95B$7.31B$4.15B$3.57B
Diluted EPS$3.30$3.37$3.60$2.10$1.81

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$12.48B$13.26B$11.30B$8.26B$7.55B
Capital expenditure—————
Free cash flow—————

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$6.10B1.7%$2.18B$1.04
Q4 FY202515.1%
Q3 FY2025$7.40B10.4%$2.44B$1.18
Q2 FY2025$6.40B6.7%$2.03B$0.98
Q1 FY2025$6.00B11.1%$833.0M$0.40
Q4 FY2024-5.4%
Q3 FY2024$6.70B-6.9%$1.85B$0.90
Q2 FY2024$6.00B-4.8%$1.62B$0.79

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorUtilities
SIC industryElectric Services
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ1 FY2026 (ended March 31, 2026)
Oldest indexed filing2019
SEC CIK753308

Selected SEC filings

10-K2026-02-13
View on EDGAR →
10-K2025-02-14
View on EDGAR →
10-Q2026-10-21
View on EDGAR →
10-Q2026-07-24
View on EDGAR →
10-Q2026-04-23
View on EDGAR →
10-Q2025-10-28
View on EDGAR →
8-K2026-10-21
View on EDGAR →
8-K2026-10-06
View on EDGAR →

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NEE head to head

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.