Also trades as: NEE-PQ (NYSE) · $vol 44M · NEE-PR (NYSE) · $vol 5M · NEE-PN (NYSE) · $vol 2M · 0K80.L (LSE) · $vol 1M · NEE.TO (TSX) · $vol 0M

$82.42

+0.38 (+0.46%)

Weekly Expected Move ±3.1%

$77 $80 $82 $85 $87

NYSE · Utilities · Regulated Electric · Tech Score Buy · Power 69 · $172.9B mcap · 2.09B float · 0.555% daily turnover · Short 66% of daily vol

Credit Risk of going bust: lower than 75% of companies Debt: 39.7% of company value Bonds: $2.03B held by 965 funds, 71 bp over Treasuries → details ▾

Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $2.61 (down 97%), NextEra Energy, Inc. would be worth roughly what it owes.
Total debt $113.93B against a stock market value of $172.86B.
Distance to default 8.44 (Merton model): prices to 2026-10-27, balance sheet 2026-09-30, debt counted $65.37B (short-term plus half of long-term), stock volatility 21.2%; Altman Z'' 0.77. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$27.5B +11.0% ▲

5Y CAGR: +8.8%

Gross Profit

$17.3B +16.1% ▲

5Y CAGR: +10.0%

Operating Income

$8.3B +10.7% ▲

5Y CAGR: +10.1%

Net Income

$6.8B -1.6% ▼

5Y CAGR: +18.5%

EPS (Diluted)

$3.29 -2.4% ▼

5Y CAGR: +17.3%

EBITDA

$16.2B +15.2% ▲

5Y CAGR: +13.2%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$17.1B	$21.0B	$28.1B	$24.8B	$27.5B
YoY Growth	-5.2%	+22.8%	+34.2%	-12.0%	+11.0%
Cost of Revenue	$8.5B	$10.8B	$10.1B	$9.9B	$10.2B
Gross Profit	$8.6B	$10.1B	$18.0B	$14.9B	$17.3B
Gross Margin	50.2%	48.4%	63.9%	60.1%	62.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0
Operating Expenses	$5.6B	$6.1B	$7.7B	$7.4B	$9.0B
Operating Income	$2.9B	$4.1B	$10.2B	$7.5B	$8.3B
Operating Margin	17.1%	19.5%	36.4%	30.2%	30.1%
Interest Expense	$1.3B	$585M	$3.3B	$2.2B	$4.6B
Income Before Tax	$3.2B	$3.8B	$7.3B	$6.0B	$4.5B
Tax Expense	$348M	$586M	$1.0B	$339M	-$802M
Net Income	$3.6B	$4.1B	$7.3B	$6.9B	$6.8B
Net Margin	20.9%	19.8%	26.0%	28.1%	24.9%
EPS (Diluted)	$1.81	$2.10	$3.60	$3.37	$3.29
EBITDA	$8.7B	$9.2B	$16.8B	$14.0B	$16.2B
Shares Outstanding	1.97B	1.98B	2.03B	2.06B	2.09B

Line Item	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3
Revenue	$5.4B	$6.2B	$6.7B	$8.0B	$6.6B	$7.0B	$7.5B	$8.1B
Cost of Revenue	$2.4B	$2.3B	$2.4B	$2.7B	$2.8B	$1.3B	$1.4B	$5.5B
Gross Profit	$3.0B	$3.9B	$4.3B	$5.3B	$3.8B	$5.6B	$6.2B	$2.6B
Gross Margin	55.3%	62.6%	64.1%	66.2%	57.5%	80.9%	81.8%	32.4%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0	$0	$0	$0
Operating Expenses	$2.0B	$1.7B	$2.4B	$2.7B	$2.2B	$3.4B	$3.9B	$0
Operating Income	$941M	$2.3B	$1.9B	$2.5B	$1.6B	$2.2B	$2.2B	$2.6B
Operating Margin	17.5%	36.1%	28.5%	31.7%	24.2%	31.7%	29.7%	32.4%
Interest Expense	$725M	$1.8B	$1.1B	$1.2B	$586M	$1.3B	$487M	-$1.9B
Income Before Tax	$1.0B	-$57M	$1.4B	$1.9B	$1.3B	$1.2B	$2.5B	$5.0B
Tax Expense	$171M	-$521M	-$256M	-$250M	$225M	-$489M	-$84M	$662M
Net Income	$1.2B	$833M	$2.0B	$2.4B	$1.5B	$2.2B	$3.1B	$4.8B
Net Margin	22.3%	13.3%	30.3%	30.6%	23.4%	31.4%	41.7%	59.0%
EPS (Diluted)	$0.58	$0.40	$0.98	$1.18	$0.73	$1.04	$1.51	$2.28
EBITDA	$1.9B	$2.9B	$4.3B	$5.1B	$3.8B	$3.9B	$4.9B	$4.8B
Shares Outstanding	2.06B	2.06B	2.06B	2.06B	2.09B	2.09B	2.09B	2.10B

NEE NYSE