NextEra Energy Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 10.62
Dividend & Yield1.87$ (2.68%)
Beta 0.44
Market capitalization 146.74B
Operating cash flow 8.26B
ESG Scores 27.5

Company description

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, coal, and natural gas facilities. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2022, the company had approximately 32,100 megawatts of net generating capacity; approximately 88,000 circuit miles of transmission and distribution lines; and 871 substations. It serves approximately 12 million people through approximately 5.8 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.

Sector: Utilities - Industry: Utilities—Regulated Electric

Financial Ratios
Quick Ratio0.44
Working Capital-0.44
Return On Equity0.1
Debt To Equity1.37
Fixed Asset Ratio0.01
Fixed Interest Cover2.46

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities
Total Cashflows From Investing Activities -16.18B -13.7B -13.59B -18.36B
Net Borrowings 3.61B 5.39B 6.66B 10.29B
Total Cash From Financing Activities 3.87B 6.17B 5.81B 12.23B
Change To Operating Activities 377M -604M -486M 412M
Issuance Of Stock 1.49B 14M 14M 1.46B
Net Income 3.77B 2.92B 3.57B 4.15B
Change In Cash -4.14B 438M -230M 2.12B
Effect Of Exchange Rate 4M -20M 1M -7M
Total Cash From Operating Activities 8.15B 7.98B 7.55B 8.26B
Depreciation 4.48B 4.32B 4.21B 4.79B
Change To Account Receivables
Other Cashflows From Financing Activities 1.17B 3.52B 2.15B 3.83B
Change To Netincome -469M 1.35B 252M -1.09B
Capital Expenditures -17.46B -14.61B -16.08B -19.28B

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 3.84B 2.41B 3.17B 3.83B
Net Income 3.77B 2.92B 3.57B 4.15B
Selling General Administrative -185M -200M -257M -202M
Gross Profit 11.2B 10.52B 8.56B 10.14B
Ebit 5.37B 4.96B 3.09B 3.76B
Operating Income 5.37B 4.96B 3.09B 3.76B
Interest Expense -2.25B -1.95B -1.27B -585M
Income Tax Expense 448M 44M 348M 586M
Total Revenue 19.2B 18B 17.07B 20.96B
Cost Of Revenue 8B 7.47B 8.51B 10.82B
Total Other Income ExpenseNet -1.53B -2.55B 82M 71M
Net Income From Continuing Ops 3.39B 2.37B 2.83B 3.25B
Net Income Applicable To Common Shares 3.77B 2.92B 3.57B 4.15B

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 75.84B 82.75B 95.24B 109.5B
Total Stockholder Equity 37.01B 36.51B 37.2B 39.23B
Other Current Liabilities 4.62B 4.28B 6.11B 7.95B
Total Assets 117.69B 127.68B 140.91B 158.94B
Common Stock 20M 20M 20M 20M
Other Current Assets 2.67B 1.75B 2.98B 4.86B
Retained Earnings 25.2B 25.36B 25.91B 26.71B
Treasury Stock -169M -92M -218M
Cash 600M 1.1B 639M 1.6B
Total Current Liabilities 13.85B 15.56B 17.44B 26.7B
Other Stockholder Equity -169M -92M -218M
Property, Plant, and Equipment 82.01B 92.47B 100.1B 111.82B
Total Current Assets 7.41B 7.38B 9.29B 13.49B
Net Tangible Assets 32.25B 31.57B 31.62B 33.62B
Net Receivables 2.81B 2.97B 4.11B 5.09B
Accounts Payable 3.63B 4.62B 6.93B 8.31B


Insider Transactions

Here are the insider transactions of stock shares related to NextEra Energy Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
HACHIGIAN KIRK SPurchase at price 70.00 per share.I2023-03-01Director10k
PIMENTEL ARMANDO JR.Purchase at price 75.44 per share.D2023-02-21Officer of Subsidiary Company13.2k
LANE AMY BETHStock Award(Grant) at price 0.00 per share.D2023-02-16Director2.45k
SCHUPP RUDY EStock Award(Grant) at price 0.00 per share.D2023-02-16Director2.45k
SKOLDS JOHN LStock Award(Grant) at price 0.00 per share.D2023-02-16Director2.45k
BARRAT SHERRY SStock Award(Grant) at price 0.00 per share.D2023-02-16Director2.45k
PORGES DAVID LStock Award(Grant) at price 0.00 per share.D2023-02-16Director2.45k
DUNN KENNETH BStock Award(Grant) at price 0.00 per share.D2023-02-16Director2.45k
HACHIGIAN KIRK SStock Award(Grant) at price 0.00 per share.D2023-02-16Director2.45k
STALL JOHN AStock Award(Grant) at price 0.00 per share.D2023-02-16Director2.45k
CAMAREN JAMES LAWRENCEStock Award(Grant) at price 0.00 per share.D2023-02-16Director2.45k
GURSAHANEY NAREN KStock Award(Grant) at price 0.00 per share.D2023-02-16Director2.45k
SIEVING CHARLES EStock Award(Grant) at price 0.00 per share.D2023-02-16General Counsel38.16k
PIMENTEL ARMANDO JR.Stock Award(Grant) at price 0.00 per share.D2023-02-16Officer of Subsidiary Company15.85k
CAPLAN DEBORAH HStock Award(Grant) at price 0.00 per share.D2023-02-16Officer21.6k
KETCHUM JOHN W.Stock Award(Grant) at price 0.00 per share.D2023-02-16Officer and Director63.67k
CREWS TERRELL KIRK IIStock Award(Grant) at price 0.00 per share.D2023-02-16Chief Financial Officer5.81k
WILSON DARRYL LStock Award(Grant) at price 0.00 per share.D2023-02-16Director2.45k
MAY JAMES MICHAELStock Award(Grant) at price 0.00 per share.D2023-02-16Officer4.56k
KUJAWA REBECCA J.Stock Award(Grant) at price 0.00 per share.D2023-02-16Officer45.69k
REAGAN RONALD RStock Award(Grant) at price 0.00 per share.D2023-02-16Officer9.85k
COFFEY ROBERTStock Award(Grant) at price 0.00 per share.D2023-02-16Officer5.04k
ARNABOLDI NICOLE SINEKStock Award(Grant) at price 0.00 per share.D2023-02-16Director2.45k
LEMASNEY MARKStock Award(Grant) at price 0.00 per share.D2023-02-16Officer1.71k
DUNNE MICHAELStock Award(Grant) at price 0.00 per share.D2023-02-16Officer and Treasurer9.37k
PORGES DAVID LPurchase at price 73.27 per share.D2023-02-09Director7k
CAMAREN JAMES LAWRENCEPurchase at price 73.50 per share.D2023-02-09Director2k
LANE AMY BETHPurchase at price 74.86 per share.D2023-02-06Director1k
STALL JOHN APurchase at price 74.89 per share.D2023-02-06Director4k
CREWS TERRELL KIRK IIPurchase at price 74.87 per share.D2023-02-06Chief Financial Officer2.67k
ARECHABALA MIGUELSale at price 85.36 - 86.26 per share.D2022-12-12Officer33.71k
ARECHABALA MIGUELConversion of Exercise of derivative security at price 25.91 per share.D2022-12-12Officer19.15k
SIEVING CHARLES ESale at price 85.00 - 85.27 per share.D2022-11-25General Counsel10k
SCHUPP RUDY EStock Gift at price 0.00 per share.D2022-11-17Director492
COFFEY ROBERTSale at price 78.19 per share.D2022-11-01Officer2.91k
ARNABOLDI NICOLE SINEKStock Award(Grant) at price 0.00 per share.D2022-10-13Director570
REAGAN RONALD RSale at price 88.79 per share.D2022-09-14Officer9.31k
CAPLAN DEBORAH HStock Gift at price 0.00 per share.D2022-08-03Officer2.52k
KETCHUM JOHN W.Purchase at price 78.33 per share.D2022-07-01Chief Executive Officer12.91k
SILAGY ERIC EPurchase at price 76.45 per share.D2022-06-02Officer of Subsidiary Company13.13k
STALL JOHN AStock Award(Grant) at price 0.00 per share.D2022-05-19Director1.64k
HACHIGIAN KIRK SPurchase at price 70.17 - 70.22 per share.I2022-05-03Director10k
CAPLAN DEBORAH HStock Gift at price 0.00 per share.D2022-05-03Officer1.32k
COFFEY ROBERTPurchase at price 73.91 per share.I2022-04-22Officer50
BARRAT SHERRY SStock Gift at price 0.00 per share.D2022-03-15Director3.15k
ROBO JAMES LStock Gift at price 0.00 per share.D2022-03-09Director10.2k
MAY JAMES MICHAELSale at price 85.00 per share.D2022-03-08Officer4.32k
LANE AMY BETHStock Award(Grant) at price 0.00 per share.D2022-02-17Director2.46k
SCHUPP RUDY EStock Award(Grant) at price 0.00 per share.D2022-02-17Director2.46k
SKOLDS JOHN LStock Award(Grant) at price 0.00 per share.D2022-02-17Director2.46k
BARRAT SHERRY SStock Award(Grant) at price 0.00 per share.D2022-02-17Director2.46k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to NextEra Energy Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on NextEra Energy Inc

Here is the result of two systematic investment strategies applied to NextEra Energy Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on NextEra Energy Inc

The following chart shows the equity curve of the two systematic investment strategies applied to NextEra Energy Inc:

NextEra Energy Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 46.01% on the backtest period.

Performance at glance

Performance

46.01 %

Latent gain

1017.13 $

Invested capital

2210.87 $

Annualized return

11.11 %
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Momentum strategy results on NextEra Energy Inc

This is the result of two momentum investment strategies applied to NextEra Energy Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on NextEra Energy Inc

The following chart shows all the entries opened by the momentum investment system on NextEra Energy Inc:

NextEra Energy Inc momentum entries
  • The first momentum investment strategy would give 65.82% of return on NextEra Energy Inc. That represents 3235.37$ of latent gain with 4915.33$ of employed capital.
  • The second momentum investment strategy would give 61.93% of return on NextEra Energy Inc. That represents 2284.02$ of latent gain with 3687.78$ of employed capital.
Performance at glance (1Q Momentum)

Performance

65.82 %

Latent gain

3235.37 $

Invested capital

4915.33 $

Annualized return

4.85 %
Performance at glance (2Q Momentum)

Performance

61.93 %

Latent gain

2284.02 $

Invested capital

3687.78 $

Annualized return

16.92 %

Momentum equity curve on NextEra Energy Inc

The following chart shows the equity curve of the two momentum strategies applied to NextEra Energy Inc:

NextEra Energy Inc momentum equity

Note: the dividends potentially given by NextEra Energy Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NextEra Energy Inc

The following chart shows the employed capital evolution of the two momentum strategies on NextEra Energy Inc since the beginning:

NextEra Energy Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on NextEra Energy Inc

Buy the dip entry openings on NextEra Energy Inc

NextEra Energy Inc

The performance achieved by the robo-advisor on NextEra Energy Inc is 10.37%. That represents 22.74$ of latent gain with 219.36$ of employed capital. The following chart shows NextEra Energy Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of NextEra Energy Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

10.37 %

Latent gain

22.74 $

Invested capital

219.36 $

Annualized return

4.85 %

Equity curve of the strategy applied to NextEra Energy Inc

The following chart shows the result of the investment strategy applied to NextEra Energy Inc:

NextEra Energy Inc

Note: the dividends potentially given by NextEra Energy Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NextEra Energy Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on NextEra Energy Inc:

NextEra Energy Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on NextEra Energy Inc

In this section, I will compare the three previous investment strategies applied to NextEra Energy Inc.

Equity curve comparison on NextEra Energy Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

NextEra Energy Inc investment strategy comparison

Employed capital comparison on NextEra Energy Inc

NextEra Energy Inc investment comparison

Performance comparison on NextEra Energy Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 46.01% 1017.13$ 2210.87$ 11.11%
Momentum 1 quarter 65.82% 3235.37$ 4915.33$ 16.88%
Momentum 2 quarters 61.93% 2284.02$ 3687.78$ 16.92%
Non-directional 10.37% 22.74$ 219.36$ 4.85%
Annualized return comparison

Automatic investment

11.11 %

Momentum 1Q

16.92 %

Momentum 2Q

16.92 %

Non-directional

4.85 %

Correlated stocks

Here are the most positively and negatively correlated stocks with NextEra Energy Inc:

Note: The algorithm computes the probability of correlation between NextEra Energy Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of NextEra Energy Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name NextEra Energy Inc
Country United States
City Juno Beach
Address 700 Universe Boulevard
Phone 561 694 4000
Website www.nexteraenergy.com
FullTime employees 15300
Industry Utilities—Regulated Electric
Sector Utilities
Exchange XNYS
Ticker NEE
Market www.nyse.com

NextEra Energy Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 14.1
Peer Environment Performance 12.563076923077
Environment Percentile unknown
Palm Oil no
Nuclear yes
Fur Leather no
GMO no
Coal yes
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 7.6
Peer Social Performance 9.9100961538462
Social Percentile unknown
Highest Controversy 2
Peer Highest Controversy Performance 1.7943925233645
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Operations IncidentsCustomer Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 5.8
Peer Governance Performance 6.4113461538462
Governance Percentile unknown

ESG at glance
Total ESG Scores: 27.5
Environment Score: 14.1
Social Score: 7.6
Governance Score: 5.8

ESG Performance: AVG_PERF

Peer Group: Utilities

Peer Esg Score Performance: 29.193925233645

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 54