NextEra Energy Inc. Financial Report
Company Overview
NextEra Energy Inc (NEE:NYSE)
- Price: $72.81 (as of June 21, 2024)
- Market Cap: $149.59 billion
- P/E Ratio: 19.8393
- Dividend Yield: 2.8293%
- 52-Week Range: $47.145 – $80.47
- CEO: John W. Ketchum
- Headquarters: Juno Beach, Florida, USA
- Website: nexteraenergy.com
NextEra Energy Inc. is the world's largest electric utility holding company based on market capitalization. This means it’s the biggest company providing electricity services when compared to others in the market. They mainly work with renewable energy, like wind and solar power, which is good for the environment.
Financial Summary
Balance Sheet Analysis (Q1 2024)
- Total Assets: $179.95 billion (This is everything the company owns that has value)
- Total Liabilities: $120.56 billion (This is everything the company owes)
- Total Equity: $59.39 billion
- Cash and Short-term Investments: $1.642 billion (Money easily accessible by the company)
- Shares Outstanding: 2.05 billion (Total number of shares owned by all shareholders)
- Price-to-Book Ratio: 3.0613
Income Statement Analysis (Q1 2024)
- Revenue: $5.731 billion (Total money earned from services)
- Operating Expense: $1.409 billion (Money spent on day-to-day operations)
- Net Income: $2.268 billion (Money left after all expenses)
- Net Profit Margin: 39.57% (It tells us how much money the company makes from every dollar of sales, here it’s about 40 cents)
- Earnings Per Share (EPS): $1.10 (Profit for each share owned)
- EBITDA: $2.981 billion
- Effective Tax Rate: 10.49%
Cash Flow Analysis (Q1 2024)
- Net Income: $2.268 billion
- Cash from Operations: $3.077 billion (Profit from core business activities)
- Cash from Investing: -$9.321 billion (Money spent on buying assets or expanding)
- Cash from Financing: $5.038 billion (Money raised from loans or equity)
- Net Change in Cash: -$1.207 billion (Difference in cash flow)
- Free Cash Flow: -$11.469 billion (Cash left after all expenses and investments)
Historical Data Summary
Over the first half of 2024, NextEra Energy Inc. (NEE) saw significant changes in its stock price.
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