NEE NEXTERA ENERGY INC
NYSEUtilitiesElectric ServicesJuno Beach, FLFY ends December 31
FY2025 at a glance
Fundamentals from SEC filings, not quotes- Revenue
- $25.8BYoYup 9.79%ended Dec 31, 2025
- Net income
- $6.84B26.5% margin
- Diluted EPS
- $3.30YoYdown 2.08%
- Free cash flow
- —
- Cash
- $2.81BNet debt $92.2B
- Total debt
- $95BD/E 1.74×
Overview
NEXTERA ENERGY INC (NEE) is listed on NYSE; the SEC classifies it under "Electric Services".
For fiscal 2025 (ended Dec 31, 2025) it reported revenue of $25.8B, up 9.8% from fiscal 2024.
Net income was $6.84B, a net margin of 26.5%.
At fiscal year end it had total assets of $212.72B and stockholders' equity of $54.61B (25.7% of assets).
- Fiscal years shown
- FY2016–FY2025 (10 years)
- Latest 10-K
- Feb 13, 2026
- Latest filing
- 10-QOct 21, 2026
Charts
Revenue and net income
| Period | Revenue | Net income | Net margin |
|---|---|---|---|
| FY2016 | — | $2.91B | — |
| FY2017 | — | $5.38B | — |
| FY2018 | $15.4B | $6.64B | 43.1% |
| FY2019 | $17.5B | $3.77B | 21.5% |
| FY2020 | $17B | $2.92B | 17.2% |
| FY2021 | $18.8B | $3.57B | 19.0% |
| FY2022 | $23B | $4.15B | 18.0% |
| FY2023 | $24.8B | $7.31B | 29.5% |
| FY2024 | $23.5B | $6.95B | 29.6% |
| FY2025 | $25.8B | $6.84B | 26.5% |
Diluted EPS
| Period | EPS (diluted) |
|---|---|
| FY2016 | — |
| FY2017 | $11.38 |
| FY2018 | $13.88 |
| FY2019 | $7.76 |
| FY2020 | $1.48 |
| FY2021 | $1.81 |
| FY2022 | $2.10 |
| FY2023 | $3.60 |
| FY2024 | $3.37 |
| FY2025 | $3.30 |
Diluted shares
| Period | Diluted shares (weighted) |
|---|---|
| FY2016 | 466M |
| FY2017 | 473M |
| FY2018 | 477M |
| FY2019 | 486M |
| FY2020 | 1.97B |
| FY2021 | 1.97B |
| FY2022 | 1.98B |
| FY2023 | 2.03B |
| FY2024 | 2.06B |
| FY2025 | 2.07B |
Cash vs total debt
| Period | Cash & equivalents | Total debt |
|---|---|---|
| FY2016 | $1.29B | $30.7B |
| FY2017 | $1.71B | $34.8B |
| FY2018 | $638M | $35B |
| FY2019 | $600M | $40.1B |
| FY2020 | $1.11B | $47.6B |
| FY2021 | $639M | $54.1B |
| FY2022 | $1.6B | $63.6B |
| FY2023 | $2.69B | $73B |
| FY2024 | $1.49B | $82.1B |
| FY2025 | $2.81B | $95B |
Each bar is one fiscal year as reported in its 10-K; bars below the zero line are negative and gaps are years not reported. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.
Ratios
Profitability
- Operating margin
- 32.1%
- Net margin
- 26.5%
- Return on equity
- 13.1%
- Return on assets
- 3.4%
Growth
| Metric | 1y | 3y CAGR | 5y CAGR |
|---|---|---|---|
| Revenue | up 9.79% | up 3.90% | up 8.70% |
| EPS (diluted) | down 2.08% | up 16.26% | up 17.40% |
| Free cash flow | — | — | — |
- Change in share count
- +0.55%
Financial strength
- Current ratio
- 0.6×
- Debt / equity
- 1.74×
- Liabilities / assets
- 68.7%
- Net debt
- $92.2B
- Equity / assets
- 25.7%
Shareholder returns
- Dividends per share
- $2.27
- Dividends paid
- $4.68B
- Payout ratio
- 68.5%
- Stock comp. / revenue
- 0.7%
Quality screens
Piotroski F-Score
5 of 8 checks passed
FY2025 vs FY2024
Partial: 8 of 9 checks could be computed.
- PassPositive return on assets3.6%
- PassPositive operating cash flow$12.5B
- FailReturn on assets improved3.6% vs 3.9%
- PassOperating cash flow above net income6.6% vs 3.6%
- FailLong-term debt / assets fell42.1% vs 38.1%
- PassCurrent ratio improved0.6× vs 0.47×
- FailNo increase in share count2.07B vs 2.06B
- —Not computableGross margin improved—
- PassAsset turnover improved0.14× vs 0.13×
Altman Z''-Score
FY2025
| Components | Ratio | Weight | Points |
|---|---|---|---|
| Working capital / assets | -0.043 | ×6.56 | -0.28 |
| Retained earnings / assets | 0.165 | ×3.26 | 0.54 |
| Operating income / assets | 0.039 | ×6.72 | 0.26 |
| Equity / liabilities | 0.373 | ×1.05 | 0.39 |
| Z'' | 0.91 | ||
Screening heuristic, not a recommendation. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.
Financial statements
USD millions, except per-share figures (USD). Share counts in millions.
Income statement
| Metric | FY2025Dec 31, 2025 | FY2024Dec 31, 2024 | FY2023Dec 31, 2023 | FY2022Dec 31, 2022 | FY2021Dec 31, 2021 | FY2020Dec 31, 2020 | FY2019Dec 31, 2019 | FY2018Dec 31, 2018 | FY2017Dec 31, 2017 | FY2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25,800 | 23,500 | 24,800 | 23,000 | 18,800 | 17,000 | 17,500 | 15,400 | — | — |
| YoY (Revenue) | +9.79% | -5.24% | +7.83% | +22.34% | +10.59% | -2.86% | +13.64% | — | — | — |
| Operating income | 8,280 | 7,479 | 10,237 | 4,081 | 2,913 | 5,116 | 5,353 | 4,280 | 5,326 | 4,608 |
| Pretax income | 4,530 | 6,037 | 7,288 | 3,832 | 3,175 | 2,413 | 3,836 | 7,352 | 4,667 | 4,388 |
| Income tax | -802 | 339 | 1,006 | 586 | 348 | 44 | 448 | 1,576 | -653 | 1,383 |
| Net income | 6,835 | 6,946 | 7,310 | 4,147 | 3,573 | 2,919 | 3,769 | 6,638 | 5,378 | 2,912 |
| YoY (Net income) | -1.60% | -4.98% | +76.27% | +16.06% | +22.40% | -22.55% | -43.22% | +23.43% | +84.68% | — |
| EPS (basic) | 3.31 | 3.38 | 3.61 | 2.10 | 1.82 | 1.49 | 7.82 | 14.03 | 11.47 | — |
| EPS (diluted) | 3.30 | 3.37 | 3.60 | 2.10 | 1.81 | 1.48 | 7.76 | 13.88 | 11.38 | — |
| YoY (EPS (diluted)) | -2.08% | -6.39% | +71.43% | +16.02% | +22.30% | — | -44.09% | +21.97% | — | — |
| Diluted shares (weighted) | 2,071 | 2,059 | 2,031 | 1,979 | 1,972 | 1,969 | 486 | 477 | 473 | 466 |
Balance sheet
| Metric | FY2025Dec 31, 2025 | FY2024Dec 31, 2024 | FY2023Dec 31, 2023 | FY2022Dec 31, 2022 | FY2021Dec 31, 2021 | FY2020Dec 31, 2020 | FY2019Dec 31, 2019 | FY2018Dec 31, 2018 | FY2017Dec 31, 2017 | FY2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | 2,812 | 1,487 | 2,690 | 1,601 | 639 | 1,105 | 600 | 638 | 1,714 | 1,292 |
| Receivables | 4,018 | 3,336 | 3,609 | 4,349 | 3,378 | 2,263 | 2,282 | 2,302 | 2,220 | 1,784 |
| Inventory | 2,420 | 2,214 | 2,106 | 1,934 | 1,561 | 1,552 | 1,328 | 1,223 | 1,273 | 1,289 |
| Current assets | 13,584 | 11,951 | 15,361 | 13,490 | 9,288 | 7,382 | 7,408 | 6,393 | 7,157 | 7,409 |
| Goodwill | 4,849 | 4,866 | 5,091 | 4,854 | 4,844 | 4,254 | 4,204 | 891 | 764 | 779 |
| Total assets | 212,721 | 190,144 | 177,489 | 158,935 | 140,912 | 127,684 | 117,691 | 103,702 | 97,827 | 89,993 |
| Current liabilities | 22,817 | 25,355 | 27,963 | 26,695 | 17,437 | 15,558 | 13,853 | 17,563 | 11,232 | 10,919 |
| Short-term debt | 5,455 | 9,731 | 11,551 | 8,342 | 3,167 | 5,689 | 2,524 | 8,181 | 3,363 | 2,872 |
| Long-term debt | 89,556 | 72,385 | 61,405 | 55,256 | 50,960 | 41,944 | 37,543 | 26,782 | 31,463 | 27,818 |
| Total liabilities | 146,242 | 129,283 | 118,465 | 109,499 | 95,243 | 82,755 | — | — | — | — |
| Retained earnings | 35,102 | 32,946 | 30,235 | 26,707 | 25,911 | 25,363 | 25,199 | 23,837 | 18,992 | 15,458 |
| Stockholders' equity | 54,608 | 50,101 | 47,468 | 39,229 | 37,202 | 36,513 | 37,005 | 34,144 | 28,208 | 24,341 |
| Shares outstanding | 2,083 | 2,057 | 2,052 | 1,987 | 1,963 | 1,960 | 489 | 478 | 471 | 468 |
Cash flow
| Metric | FY2025Dec 31, 2025 | FY2024Dec 31, 2024 | FY2023Dec 31, 2023 | FY2022Dec 31, 2022 | FY2021Dec 31, 2021 | FY2020Dec 31, 2020 | FY2019Dec 31, 2019 | FY2018Dec 31, 2018 | FY2017Dec 31, 2017 | FY2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 12,485 | 13,260 | 11,301 | 8,262 | 7,553 | 7,983 | 8,155 | 6,593 | 6,413 | 6,336 |
| Depreciation & amortization | 6,580 | 5,462 | 5,879 | 4,503 | 3,924 | 4,052 | 4,216 | 3,911 | 2,357 | 3,077 |
| Stock-based compensation | 185 | 138 | 139 | 142 | 119 | 107 | 100 | 82 | 76 | 77 |
| Dividends paid | 4,680 | 4,235 | 3,782 | 3,352 | 3,024 | 2,743 | 2,408 | 2,101 | 1,845 | 1,612 |
| Dividends per share | 2.27 | 2.06 | 1.87 | 1.70 | 1.54 | 1.40 | 5.00 | 4.44 | 3.93 | 3.48 |
Key financials (annual, 10-K)
Values as reported in each fiscal year's Form 10-K (XBRL data on SEC EDGAR); growth and ratios are computed from those values. Revenue is the total revenue figure the company tagged (omitted when the only figure tagged is evidently partial, e.g. below net income); growth is only shown between consecutive ~12-month fiscal years reported with the same revenue measure. Per-share figures and share counts are as reported and not adjusted for later stock splits. — = not reported.
Filing timeline
- 10-QQuarterly report· Sep 30, 2026(SEC EDGAR)
- 8-KCurrent report· Oct 21, 2026(SEC EDGAR)
- 2.02Results of operations
- 9.01Financial statements and exhibits
- 8-KCurrent report· Sep 22, 2026(SEC EDGAR)
- 8.01Other events
- 9.01Financial statements and exhibits
- 8-KCurrent report· Sep 14, 2026(SEC EDGAR)
- 7.01Regulation FD disclosure
- 9.01Financial statements and exhibits
- 8-KCurrent report· Sep 3, 2026(SEC EDGAR)
- 5.07Shareholder vote results
- 8-KCurrent report· Aug 25, 2026(SEC EDGAR)
- 8.01Other events
- 8-KCurrent report· Aug 10, 2026(SEC EDGAR)
- 8.01Other events
- 9.01Financial statements and exhibits
- 10-QQuarterly report· Jun 30, 2026(SEC EDGAR)
- 8-KCurrent report· Jul 24, 2026(SEC EDGAR)
- 2.02Results of operations
- 9.01Financial statements and exhibits
- S-4Registration statement (business combination)(SEC EDGAR)
Frequently asked questions
What does NEXTERA ENERGY INC do?
The SEC classifies NEXTERA ENERGY INC under Standard Industrial Classification (SIC) code 4911, "Electric Services". It is headquartered in Juno Beach, FL. It is incorporated in FL. In fiscal 2025 it reported revenue of $25.8B and net income of $6.84B in its annual 10-K report.
What was NEXTERA ENERGY INC's revenue in 2025?
NEXTERA ENERGY INC reported revenue of $25.8B for fiscal 2025, which ended Dec 31, 2025, up 9.8% from $23.5B in fiscal 2024, according to its annual 10-K report filed with the SEC on Feb 13, 2026.
What was NEXTERA ENERGY INC's net income in 2025?
NEXTERA ENERGY INC reported net income of $6.84B for fiscal 2025, a net margin of 26.5% of revenue.
Where is NEXTERA ENERGY INC listed?
According to the SEC, NEXTERA ENERGY INC's ticker NEE is listed on NYSE. The SEC also lists the tickers NEE-PN, NEE-PS, NEE-PT, NEE-PU, NEE-PV and NEE-PW for the company.
When does NEXTERA ENERGY INC's fiscal year end?
According to the SEC, NEXTERA ENERGY INC's fiscal year ends on December 31; its latest reported fiscal year (2025) ended Dec 31, 2025.
Source: SEC EDGAR · Last updated:
Ver en españolNot investment advice: This page shows financial data that companies reported to the US Securities and Exchange Commission, for information only. It is not investment advice or a recommendation to buy or sell any security, and it shows no stock prices. Data may be incomplete, restated or out of date — check the original filings on SEC EDGAR before making decisions.