NEE

NextEra EnergyNYSE · Multi-Utilities · Utilities

Previous close

83.71

Change

+1.57 / +1.91%

FinDog View

Bullish

52-Week Range ?

74.41 – 98.75

P/E (TTM) ?

15.1

Forward P/E ?

18.4

Based on consensus earnings for the next 12 months

Market Cap

$177B

+10.52%

S&P 500 −0.91% over same period

Volume / Avg Volume

23.5M / 11.5M

2.04× average

Latest earnings analysisFY2026 Q3Reported 2026-10-21

NextEra Energy Q3 2026: adjusted EPS up 9.7%, revenue up 1.6%

NextEra Energy's third quarter was a clean beat on the number management steers by: adjusted EPS of $1.24 came in ahead of the $1.188 consensus, up 9.7% from a year ago. Revenue of $8.09 billion rose just 1.6%, and GAAP EPS of $2.28 is flattered by hedging gains rather than operations. Read the quarter through adjusted earnings and the backlog, not the headline GAAP figure.

Read the full analysis →

Revenue$8.10BYoY +1.70%

EPS (non-GAAP)$1.24Beatest. $1.19

Next-day move+4.62%

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 25.61M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q3 Quarter ended 2026-09	2026-10-21	$8.1B	1.24 / 1.19	+4.62%	Read analysis →
FY2026 Q2 Quarter ended 2026-06	2026-07-24	$7.5B	1.15 / 1.12	−1.06%	Read analysis →
FY2026 Q1 Quarter ended 2026-03	2026-04-23	$6.1B	1.09 / 0.97	−1.01%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-01-02	$25.8B	0.54 / 0.53	+0.48%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-28	$7.4B	1.13 / 1.03	−2.17%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-23	$6.4B	1.05 / —	−1.17%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-04-23	$6.0B	0.40 / —	−1.37%	Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →

Report date

2027-01-25

in 84 days · After hours

Consensus EPS

$0.61

Last quarter EPS $1.24

Avg. next-day move over the last 7 reports

±1.7%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 5 of its 5-year rangeCheap

5-year range 15.0 – 28.7 · Median 21.8

Last 4 quarters: $0 in buybacks + $4.8B in dividends, 2.73% of market cap combined

P/E (TTM)

15.1

P/B

2.9

P/S

6.1

Dividend Yield

3.25%

Earnings Reaction

Over the last 7 reports, the stock moved ±1.7% on average on the first trading day after, rising 2 times

Most recent +4.62%

Volatility & Correlation

1-year beta 0.08 · Correlation with S&P 500 0.05Low beta

Annualized volatility 21% vs. 13% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

No open-market buys or sells by officers or directors in the last 90 days.

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q1	6.10	+1.7%	—	2.21	2.18	2.61	1.04
FY2025 Q4	6.00	+11.1%	—	1.59	1.54	2.50	0.74
FY2025 Q3	7.40	+10.4%	—	2.53	2.44	4.03	1.18
FY2025 Q2	6.40	+6.7%	—	1.91	2.03	3.19	0.98
FY2025 Q1	6.00	+11.1%	—	2.26	0.83	2.77	0.40
FY2024 Q4	5.40	−3.6%	—	0.94	1.20	1.98	0.58
FY2024 Q3	6.70	−6.9%	—	2.86	1.85	4.27	0.90
FY2024 Q2	6.00	−4.8%	—	1.67	1.62	3.93	0.79
FY2024 Q1	5.40	−5.3%	—	2.01	2.27	3.08	1.10
FY2023 Q4	5.60	−1.8%	—	2.66	1.21	2.88	0.58
FY2023 Q3	7.20	+12.5%	—	1.84	1.22	3.66	0.60
FY2023 Q2	6.30	+6.8%	—	2.80	2.80	3.09	1.38

Peers

Largest by market cap in the sector · Latest quarterView Utilities sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
NEE	NextEra Energy	$177B	15.1	+1.7%	—	+10.52%	Bullish
SO	Southern Company	$108B	23.2	+8.0%	—	+13.05%	Neutral	Compare
DUK	Duke Energy	$99.8B	19.0	+9.5%	—	+11.74%	Bullish	Compare
CEG	Constellation Energy	$92.8B	27.1	+13.2%	—	+3.29%	Neutral	Compare
AEP	American Electric Power	$71.5B	22.4	+5.2%	—	+9.75%	Bullish	Compare
D	Dominion Energy	$58.7B	22.6	+24.6%	—	+10.08%	Neutral	Compare
SRE	Sempra	$56.5B	24.9	−6.9%	—	+10.39%	Bullish	Compare
ETR	Entergy	$52.9B	29.0	+12.0%	—	+10.93%	Neutral	Compare
XEL	Xcel Energy	$48.8B	21.8	+6.6%	—	+13.25%	Neutral	Compare

The View in One Line

Adjusted EPS $1.24 beat, up 9.7% YoY, guidance at high end, NEER added 3.7GW orders with 36.7GW backlog and 8%+ long-term growth pledge; revenue rose only 1.8%.

Updated 2026-10-30

View History

09-17Neutral → Bullish
Q2 revenue +12.4% YoY, adjusted EPS $1.15 beat, guidance maintained at high end; long-term 8%+ growth supports a steady bullish view.

Notable Institutional Holders

Citadel Advisors · Ken Griffin$81.7MReduced −30%
Soros Fund Management$77.9MAdded +36%
Bridgewater Associates · Ray Dalio$2.3M

As of 2026-06-30

ETFs holding it

XLU Utilities Select Sector SPDR Fund12.78%
JEPI JPMorgan Equity Premium Income ETF1.39%
VIG Vanguard Dividend Appreciation ETF0.73%
VYM Vanguard High Dividend Yield ETF0.70%
VTV Vanguard Value ETF0.59%
VOO Vanguard S&P 500 ETF0.27%
SPY SPDR S&P 500 ETF Trust0.27%
IVV iShares Core S&P 500 ETF0.27%

Weights estimated at latest prices

Key Events

10-06Legal & Regulatory
NextEra Sets Dec 14 Hearing on Derivative Settlement
NextEra Energy reached a proposed settlement in the Davidson derivative action; a court hearing is set for December 14, 2026 to consider approval and attorneys' fees.Source ↗
09-03M&A / Contracts
NextEra Energy Shareholders Approve Merger with Dominion Energy
On September 3, 2026, NextEra Energy shareholders approved the issuance of shares to Dominion Energy shareholders with 99.47% in favor, and agreed to increase authorized shares to 5 billion.Source ↗
08-25M&A / Contracts
NextEra Energy Receives Shareholder Demand Letters Over Merger Disclosure
NextEra Energy announced on August 25, 2026 that it received multiple shareholder demand letters regarding the joint proxy statement for its merger with Dominion Energy, and the company voluntarily supplemented its disclosure.Source ↗
08-11M&A / Contracts
NextEra Energy Advances Acquisition of Dominion Energy
The merger agreement between NextEra Energy and Dominion Energy is progressing, with related financial information filed; the transaction remains subject to satisfaction of conditions.Source ↗
07-08Governance
NextEra Energy Amends Bylaws on Shareholder Meeting Procedures
On July 8, 2026, NextEra Energy's board approved bylaw amendments authorizing the board to determine the time and place of special shareholder meetings and permitting shareholder meetings to be held remotely.Source ↗
06-22Capital Actions
NextEra Subsidiary Issues $3.75 Billion of Subordinated Debentures
On June 22, 2026, NextEra Energy Capital Holdings issued three series of subordinated debentures totaling $3.75 billion, with coupons of 6.000% to 6.625%, maturing 2056 to 2066.Source ↗
06-15M&A / Contracts
NextEra Energy Files Dominion Merger-Related Financial Materials
NextEra Energy filed Dominion financial information and auditor consent in connection with its May 15, 2026 merger agreement with Dominion Energy.Source ↗
06-01Capital Actions
FPL Issues $2.25 Billion in First Mortgage Bonds
On June 1, 2026, Florida Power & Light issued three tranches of first mortgage bonds totaling $2.25 billion, with interest rates from 5.125% to 5.900%, maturing between 2036 and 2066.Source ↗

Key Financial Trends

Quarterly Revenue ($B)6.1

Free Cash Flow ($B)2.6