NEE Financials NextEra Energy

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Oct 24, 2026, 11:08 UTC Overview →

Growth & profitability

Revenue has grown 8.7% per year over the past 5 years.
Net income has grown faster than revenue (18.5% vs 8.7% per year).
Operating margin has expanded, at 32.1% in the latest year.

Financial health

Total debt ($95.0B) exceeds cash ($2.8B); net debt is $92.2B.
Total debt has grown faster than revenue (14.8% vs 8.7% per year).
Total debt is 6.4× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 68.5% of earnings.
The dividend has grown 11.3% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$25.8B	$6.8B	0.0%	32.1%	12.5%	3.2%	—	$95.0B	$2.8B
2024	$23.5B	$6.9B	0.0%	31.8%	13.9%	3.7%	—	$82.1B	$1.5B
2023	$24.8B	$7.3B	0.0%	41.3%	15.4%	4.1%	—	$73.0B	$2.7B
2022	$23.0B	$4.1B	0.0%	17.7%	10.6%	2.6%	—	$63.6B	$1.6B
2021	$18.8B	$3.6B	0.0%	15.5%	9.6%	2.5%	—	$54.1B	$639M
2020	$17.0B	$2.9B	0.0%	30.1%	8.0%	2.3%	—	$47.6B	$1.1B
2019	$17.5B	$3.8B	0.0%	30.6%	10.2%	3.2%	—	$42.2B	$600M
2018	$15.4B	$6.6B	0.0%	27.8%	19.4%	6.4%	—	$32.2B	$638M
2017	—	$5.4B	—	—	19.1%	5.5%	—	$34.8B	$1.7B
2016	—	$2.9B	—	—	11.9%	3.2%	—	$30.7B	$1.3B
2015	—	$2.8B	—	—	12.2%	3.3%	—	$29.3B	$571M
2014	—	$2.5B	—	—	12.4%	3.3%	—	$28.7B	$577M
2013	—	$1.9B	—	—	10.6%	2.8%	—	$28.4B	$438M
2012	—	$1.9B	—	—	11.9%	3.0%	—	$27.2B	$438M
2011	—	$1.9B	—	—	12.9%	3.4%	—	$23.0B	$329M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Mar '26	$6.1B	$2.2B	0.0%	36.2%	4.0%	1.0%	—	$103.1B	$2.0B
Dec '25	$6.1B	$1.5B	0.0%	26.0%	2.8%	0.7%	—	$95.0B	$2.8B
Sep '25	$7.4B	$2.4B	0.0%	34.1%	4.5%	1.2%	—	$92.0B	$2.4B
Jun '25	$6.4B	$2.0B	0.0%	29.9%	4.0%	1.0%	—	$92.4B	$1.7B
Mar '25	$6.0B	$833M	0.0%	37.6%	1.7%	0.4%	—	$89.5B	$2.4B
Dec '24	$5.3B	$1.2B	0.0%	17.8%	2.4%	0.6%	—	$82.1B	$1.5B
Sep '24	$6.7B	$1.9B	0.0%	42.6%	3.7%	1.0%	—	$77.6B	$2.3B
Jun '24	$6.0B	$1.6B	0.0%	27.8%	3.3%	0.9%	—	$80.0B	$1.6B
Mar '24	$5.4B	$2.3B	0.0%	37.3%	4.7%	1.3%	—	$76.4B	$1.6B
Dec '23	$5.6B	$1.2B	0.0%	47.5%	2.5%	0.7%	—	$73.0B	$2.7B
Sep '23	$7.2B	$1.2B	0.0%	25.5%	2.6%	0.7%	—	$71.1B	$1.6B
Jun '23	$6.3B	$2.8B	0.0%	44.4%	6.2%	1.7%	—	$69.6B	$1.6B
Mar '23	$5.7B	$2.1B	0.0%	51.6%	4.9%	1.3%	—	$68.8B	$2.3B
Dec '22	$5.6B	$1.5B	0.0%	36.5%	3.9%	1.0%	—	$63.6B	$1.6B
Sep '22	$6.4B	$1.7B	0.0%	29.1%	4.4%	1.1%	—	$62.9B	$2.5B
Jun '22	$5.9B	$1.4B	0.0%	16.1%	3.8%	0.9%	—	$61.6B	$2.9B
Mar '22	$5.0B	-$451M	0.0%	-15.5%	-1.3%	-0.3%	—	$58.3B	$1.5B
Dec '21	$4.7B	$1.2B	0.0%	28.8%	3.2%	0.9%	—	$54.1B	$639M
Sep '21	$5.4B	$447M	0.0%	7.0%	1.2%	0.3%	—	$54.6B	$692M
Jun '21	$4.7B	$256M	0.0%	10.9%	0.7%	0.2%	—	$52.6B	$884M

Valuation over time

How the market has priced NEE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 38.8× (Mar '23) to 25.9× (Nov '26).
The price-to-sales ratio has fallen from 7.0× (Mar '23) to 6.9× (Nov '26).
The dividend yield has risen from 2.1% (Mar '23) to 2.6% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is NEE growing its revenue and profit?

Over the past 5 years, NextEra Energy's revenue has grown 8.7% per year, and net income grown 18.5% per year. These are computed facts, not advice.

How much debt does NEE have?

As of FY2025, NextEra Energy reported $95.0B of total debt against $2.8B of cash.

What is NEE's profit margin?

In FY2025, gross margin was —, operating margin 32.1%, and net margin 26.5%.

What is NEE's P/E ratio?

NextEra Energy's P/E (TTM) is 21.67 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the NEE stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 25.9× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.