NextEra Energy, Inc. (NEE) Stock

About NextEra Energy, Inc.

NextEra Energy, Inc., operating through its diverse subsidiaries, is a prominent electric power provider in North America. The company's operations encompass the generation, transmission, distribution, and sale of electricity to both individual consumers and large-scale wholesale clients. Its energy portfolio is broad, featuring power generation from wind, solar, nuclear, coal, and natural gas facilities. Beyond direct power supply, NextEra Energy is actively involved in developing, constructing, and managing long-term contracted clean energy infrastructure, including renewable energy generation sites, battery storage solutions, and electric transmission networks. The firm also participates in the sale of energy commodities and oversees the development, construction, and operation of generation assets within competitive wholesale energy markets. As of December 31, 2021, NextEra Energy boasted a net generating capacity of approximately 28,564 megawatts. Its extensive infrastructure included about 77,000 circuit miles of transmission and distribution lines and 696 substations. Within Florida, the company delivers electricity to roughly 11 million individuals, serving approximately 5.7 million customer accounts across the state's eastern and lower western coastal regions. Founded in 1925, the company adopted its current name, NextEra Energy, Inc., in 2010, having previously operated as FPL Group, Inc. Its corporate headquarters are located in Juno Beach, Florida.

NextEra Energy, Inc. is led by CEO John W. Ketchum, employs 16,800 people, headquartered in Juno Beach, US, publicly traded since 2014.

NextEra Energy, Inc. (NEE) stock trades at $88.46 with a market capitalization of $184.49B. The stock is valued at a price-to-earnings (P/E) ratio of 21.82, price-to-book of 3.25, price-to-sales of 6.36. Over the past 52 weeks the stock has ranged between $67.20 and $98.75, and currently trades 10.4% below its 52-week high. It pays a dividend yielding 2.77%.

On profitability, NextEra Energy, Inc. generates a return on equity (ROE) of 10.33%, return on capital employed of 12.46%, an operating margin of 29.20%, a net profit margin of 29.03%.

In its most recent fiscal year, NextEra Energy, Inc. reported annual revenue of $27.5B, net profit of $6.8B, revenue has compounded at 8.8% a year over the last five years, profit at 18.5% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 1.89, a current ratio of 0.60, total assets of $212.7B, $2.8B in cash and equivalents.

NEE has an average daily trading volume of 11,545,358 shares, a beta of 0.67 (less volatile than the overall market).

Official website: www.nexteraenergy.com