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NextEra Energy

DB:FP3
Snowflake Description

Established dividend payer with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FP3
DB
$115B
Market Cap
  1. Home
  2. DE
  3. Utilities
Company description

NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The last earnings update was 53 days ago. More info.


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FP3 Share Price and Events
7 Day Returns
-1.8%
DB:FP3
0.7%
Europe Electric Utilities
2.1%
DE Market
1 Year Returns
29.3%
DB:FP3
-0.5%
Europe Electric Utilities
-16.6%
DE Market
FP3 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NextEra Energy (FP3) -1.8% -7.2% 0.1% 29.3% 77.7% 121.1%
Europe Electric Utilities 0.7% -17.1% -11.1% -0.5% 22.1% -2%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • FP3 outperformed the Electric Utilities industry which returned -0.5% over the past year.
  • FP3 outperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
FP3
Industry
5yr Volatility vs Market

FP3 Value

 Is NextEra Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of NextEra Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for NextEra Energy.

DB:FP3 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in USD $ 6.3217542857143
Payout Ratio Company Filings (2019-12-31) 4270.7%
Discount Rate (Cost of Equity) See below 4%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:FP3
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Electric Utilities Unlevered Beta Simply Wall St/ S&P Global 0.27
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.272 (1 + (1- 21%) (37.15%))
0.565
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.8 * 5.44%)
3.96%

Discounted Cash Flow Calculation for DB:FP3 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for NextEra Energy is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:FP3 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $6.32 / (3.96% - -0.39%)
$124.21
DB:FP3 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:FP3 represents 0.92469x of NYSE:NEE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.92469x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 145.26 x 0.92469
€134.32
Value per share (EUR) From above. €134.32
Current discount Discount to share price of €216.85
= -1 x (€216.85 - €134.32) / €134.32
-61.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of NextEra Energy is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for NextEra Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NextEra Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:FP3 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $7.82
NYSE:NEE Share Price ** NYSE (2020-04-07) in USD $234.51
Europe Electric Utilities Industry PE Ratio Median Figure of 74 Publicly-Listed Electric Utilities Companies 10.45x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of NextEra Energy.

DB:FP3 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:NEE Share Price ÷ EPS (both in USD)

= 234.51 ÷ 7.82

29.99x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NextEra Energy is overvalued based on earnings compared to the Europe Electric Utilities industry average.
  • NextEra Energy is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does NextEra Energy's expected growth come at a high price?
Raw Data
DB:FP3 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 29.99x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
7.7%per year
Europe Electric Utilities Industry PEG Ratio Median Figure of 35 Publicly-Listed Electric Utilities Companies 1.6x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

DB:FP3 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 29.99x ÷ 7.7%

3.91x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NextEra Energy is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on NextEra Energy's assets?
Raw Data
DB:FP3 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $75.67
NYSE:NEE Share Price * NYSE (2020-04-07) in USD $234.51
Europe Electric Utilities Industry PB Ratio Median Figure of 87 Publicly-Listed Electric Utilities Companies 0.78x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:FP3 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:NEE Share Price ÷ Book Value per Share (both in USD)

= 234.51 ÷ 75.67

3.1x

* Primary Listing of NextEra Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NextEra Energy is overvalued based on assets compared to the Europe Electric Utilities industry average.
X
Value checks
We assess NextEra Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electric Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electric Utilities industry average (and greater than 0)? (1 check)
  5. NextEra Energy has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FP3 Future Performance

 How is NextEra Energy expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NextEra Energy expected to grow at an attractive rate?
  • NextEra Energy's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • NextEra Energy's earnings growth is positive but not above the Germany market average.
  • NextEra Energy's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:FP3 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:FP3 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 7.7%
DB:FP3 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 3.8%
Europe Electric Utilities Industry Earnings Growth Rate Market Cap Weighted Average 9.6%
Europe Electric Utilities Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:FP3 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:FP3 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 22,501 11,738 5,534 1
2023-12-31 23,294 10,540 5,404 2
2022-12-31 21,502 10,283 4,869 6
2021-12-31 20,744 9,699 4,573 12
2020-12-31 19,960 8,540 4,257 13
2020-04-07
DB:FP3 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 19,204 8,155 3,769
2019-09-30 19,006 7,605 3,216
2019-06-30 17,851 6,938 3,340
2019-03-31 16,945 6,899 2,887
2018-12-31 16,727 6,593 6,638
2018-09-30 16,325 6,360 8,373
2018-06-30 16,716 6,143 8,216
2018-03-31 17,058 6,491 8,228
2017-12-31 17,173 6,458 5,380
2017-09-30 16,883 6,328 4,189
2017-06-30 16,881 6,274 4,095
2017-03-31 16,292 6,006 3,842

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • NextEra Energy's earnings are expected to grow by 7.7% yearly, however this is not considered high growth (20% yearly).
  • NextEra Energy's revenue is expected to grow by 3.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:FP3 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from NextEra Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FP3 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31 11.32 11.32 11.32 1.00
2023-12-31 11.22 11.26 11.17 2.00
2022-12-31 10.60 10.69 10.55 4.00
2021-12-31 9.82 9.87 9.70 7.00
2020-12-31 9.07 9.23 8.97 8.00
2020-04-07
DB:FP3 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 7.82
2019-09-30 6.71
2019-06-30 7.00
2019-03-31 6.08
2018-12-31 14.03
2018-09-30 17.76
2018-06-30 17.47
2018-03-31 17.52
2017-12-31 11.48
2017-09-30 8.95
2017-06-30 8.78
2017-03-31 8.27

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • NextEra Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess NextEra Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
NextEra Energy has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FP3 Past Performance

  How has NextEra Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare NextEra Energy's growth in the last year to its industry (Electric Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • NextEra Energy's year on year earnings growth rate has been positive over the past 5 years.
  • NextEra Energy's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • NextEra Energy's 1-year earnings growth is negative, it can't be compared to the Europe Electric Utilities industry average.
Earnings and Revenue History
NextEra Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from NextEra Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FP3 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 19,204.00 3,769.00 -94.00
2019-09-30 19,006.00 3,216.00 -165.00
2019-06-30 17,851.00 3,340.00 -152.00
2019-03-31 16,945.00 2,887.00 -168.00
2018-12-31 16,727.00 6,638.00 -168.00
2018-09-30 16,325.00 8,373.00 -189.00
2018-06-30 16,716.00 8,216.00 -200.00
2018-03-31 17,058.00 8,228.00 -159.00
2017-12-31 17,173.00 5,380.00 -151.00
2017-09-30 16,883.00 4,189.00 -101.00
2017-06-30 16,881.00 4,095.00 -53.00
2017-03-31 16,292.00 3,842.00 -43.00
2016-12-31 16,138.00 2,906.00 -144.00
2016-09-30 16,526.00 2,453.00
2016-06-30 16,674.00 2,579.00
2016-03-31 17,217.00 2,755.00
2015-12-31 17,486.00 2,752.00
2015-09-30 18,081.00 3,129.00
2015-06-30 17,781.00 2,910.00
2015-03-31 17,451.00 2,685.00
2014-12-31 17,021.00 2,465.00
2014-09-30 15,987.00 1,908.00
2014-06-30 15,727.00 1,946.00
2014-03-31 15,531.00 2,066.00
2013-12-31 15,136.00 1,677.00
2013-09-30 14,881.00 1,779.00
2013-06-30 14,330.00 1,495.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • NextEra Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • NextEra Energy used its assets more efficiently than the Europe Electric Utilities industry average last year based on Return on Assets.
  • NextEra Energy's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess NextEra Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electric Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
NextEra Energy has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FP3 Health

 How is NextEra Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up NextEra Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NextEra Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • NextEra Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of NextEra Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from NextEra Energy Company Filings, last reported 3 months ago.

DB:FP3 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 41,847.00 42,583.00 600.00
2019-09-30 40,240.00 41,787.00 1,131.00
2019-06-30 38,494.00 41,717.00 1,019.00
2019-03-31 37,911.00 40,213.00 972.00
2018-12-31 37,881.00 37,712.00 638.00
2018-09-30 37,338.00 32,587.00 497.00
2018-06-30 36,172.00 32,566.00 478.00
2018-03-31 35,993.00 32,199.00 550.00
2017-12-31 29,531.00 35,025.00 1,714.00
2017-09-30 27,321.00 34,959.00 1,381.00
2017-06-30 26,876.00 34,524.00 642.00
2017-03-31 26,469.00 34,158.00 600.00
2016-12-31 25,331.00 30,840.00 1,292.00
2016-09-30 24,869.00 32,459.00 681.00
2016-06-30 23,882.00 32,308.00 730.00
2016-03-31 23,630.00 32,408.00 628.00
2015-12-31 23,112.00 29,687.00 571.00
2015-09-30 22,826.00 30,264.00 1,181.00
2015-06-30 21,601.00 30,001.00 551.00
2015-03-31 20,464.00 29,771.00 469.00
2014-12-31 20,168.00 28,701.00 577.00
2014-09-30 19,144.00 29,679.00 485.00
2014-06-30 18,429.00 30,188.00 622.00
2014-03-31 18,160.00 29,748.00 488.00
2013-12-31 18,040.00 28,646.00 438.00
2013-09-30 17,409.00 28,840.00 587.00
2013-06-30 16,601.00 28,365.00 438.00
  • NextEra Energy's level of debt (101.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (142.3% vs 101.8% today).
  • Debt is not well covered by operating cash flow (19.2%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.5x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess NextEra Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. NextEra Energy has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FP3 Dividends

 What is NextEra Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.39%
Current annual income from NextEra Energy dividends. Estimated to be 2.7% next year.
If you bought €2,000 of NextEra Energy shares you are expected to receive €48 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • NextEra Energy's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.67%).
  • NextEra Energy's dividend is below the markets top 25% of dividend payers in Germany (4.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:FP3 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
Europe Electric Utilities Industry Average Dividend Yield Market Cap Weighted Average of 51 Stocks 4.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:FP3 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31 8.20 1.00
2023-12-31 7.55 3.00
2022-12-31 6.94 7.00
2021-12-31 6.22 12.00
2020-12-31 5.60 12.00
2020-04-07
DB:FP3 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-14 5.600 2.340
2019-10-18 5.000 2.060
2019-07-25 5.000 2.256
2019-05-23 5.000 2.430
2019-02-15 5.000 2.618
2018-10-12 4.440 2.524
2018-07-26 4.440 2.601
2018-05-24 4.440 2.697
2018-02-16 4.440 2.788
2017-10-13 3.930 2.549
2017-07-27 3.930 2.649
2017-05-18 3.930 2.782
2017-02-17 3.930 2.989
2016-10-14 3.480 2.899
2016-05-19 3.480 2.793
2016-02-12 3.480 2.986
2015-10-16 3.080 2.969
2015-08-03 3.080 3.052
2015-05-22 3.080 3.041
2015-02-13 3.080 2.991
2014-10-17 2.900 2.776
2014-07-25 2.900 3.043
2014-05-23 2.900 2.947
2014-02-14 2.900 3.057
2013-10-18 2.640 3.054
2013-07-26 2.640 3.223
2013-05-24 2.640 3.289
2013-02-15 2.640 3.413
2012-10-12 2.400 3.426
2012-07-27 2.400 3.473
2012-05-25 2.400 3.543
2012-02-17 2.400 3.855
2011-10-14 2.200 3.820
2011-07-29 2.200 4.054
2011-05-20 2.200 3.873
2011-02-18 2.200 3.957
2010-10-15 2.000 3.753
2010-07-30 2.000 3.705
2010-05-21 2.000 3.941
2010-02-12 2.000 4.086
2009-10-16 1.890 3.683
2009-07-24 1.890 3.403
2009-05-22 1.890 3.348

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of NextEra Energy's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.5x coverage).
X
Income/ dividend checks
We assess NextEra Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can NextEra Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NextEra Energy has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FP3 Management

 What is the CEO of NextEra Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jim Robo
COMPENSATION $21,358,742
AGE 56
TENURE AS CEO 7.8 years
CEO Bio

Mr. James L. Robo, also known as Jim, has been Chairman of the Board and Chief Executive Officer of NextEra Energy Partners, LP since August 2017. Mr. Robo was the Chairman and Chief Executive Officer of Nextera Energy Partners GP, Inc since March 2014 until August 2017. Mr. Robo has been the Chairman and Chief Executive Officer of NextEra Energy, Inc. (formerly FPL Group Inc.) since December 13, 2013 and July 1, 2012 respectively. He served as the Chief Executive Officer of NextEra Energy Resources, LLC. He served as the President of NextEra Energy, Inc. since December 15, 2006. He served as the Chief Operating Officer of NextEra Energy, Inc. from December 15, 2006 to July 1, 2012. Mr. Robo served as the Chief Executive Officer of Florida Power & Light Company since May 2, 2012 until May 2014. He served as the Chief Operating Officer of NextEra Energy Resources, LLC since December 18, 2006 until June 2012 and its President from July 26, 2002 to June 2012. Mr. Robo served as the President and Chief Operating Officer of Florida Power & Light Co., subsidiary at NextEra Energy, Inc. since December 15, 2006. He was Consultant with Strategic Planning Associates for eight years. In 1992, Mr. Robo joined GE's Corporate Business Development Staff as Manager - Business Development. In 1994, he moved to GE Lighting as General - Manager Distribution Operations. In 1996, he became General Manager for 6 Sigma Worldwide, prior to assuming his Chairman of the Board and Chief Executive Officer for GE International Mexico. Mr. Robo served as the President of NextEra Energy Resources LLC (formerly, FPL Energy LLC), a subsidiary of FPL Group Inc., from July 26, 2002 to December 2006 and Vice President of Corporate Development & Strategy from March 11, 2002 to July 2002. He served as a Vice President of Corporate Development and Strategy at Florida Power & Light Co., and NextEra Energy, Inc. from March 11, 2002 to December 2006. Mr. Robo served as the Principal Executive Officer of Funding Corp., and ESI Tractebel Acquisition Corp. Prior to FPL Group, he served at General Electric Co., for 10 years since joining in 1992. He served as the Chief Executive Officer and President of GE Mexico from 1997 to 1999. He served as the President and Chief Executive Officer of the GE Capital TIP/Modular Space Division of GE Capital (General Electric Capital Corp.) from 1992 to February 2002. From 1984 to 1992, Mr. Robo worked for Mercer Management Consulting and served as a Vice President from 1988 to 1992. Mr. Robo has been the Chairman of Florida Power & Light Company since May 2, 2012. He serves as the Chairman of NextEra Energy Resources, LLC. He serves as a Director of Florida Power & Light Co. Mr. Robo has been a Director of JB Hunt Transport Services Inc., since 2002 and serves as its Lead Director. He has been a Director of Acquisition Corp. since July 2002 and NextEra Energy, Inc. since July 1, 2012. He served as a Director of Elamex SA de CV. He served as a Director of ESI Tractebel Acquisition Corp., and Funding Corp., since July 2002. Mr. Robo holds a BA in European History from Harvard College and an MBA from Harvard Business School in 1988, where he was a Baker Scholar.

CEO Compensation
  • Jim's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jim's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the NextEra Energy management team in years:

6.6
Average Tenure
51
Average Age
  • The average tenure for the NextEra Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jim Robo

TITLE
Chairman
COMPENSATION
$21M
AGE
56
TENURE
7.8 yrs

John Ketchum

TITLE
President & CEO of NextEra Energy Resources
COMPENSATION
$5M
AGE
48
TENURE
1.1 yrs

Eric Silagy

TITLE
CEO & President of Florida Power and Light Company
COMPENSATION
$7M
AGE
53
TENURE
8.3 yrs

Rebecca Kujawa

TITLE
Executive VP of Finance & CFO
AGE
43
TENURE
1.1 yrs

James May

TITLE
VP, Controller & Chief Accounting Officer
AGE
42
TENURE
1.1 yrs

Charles Sieving

TITLE
Executive VP & General Counsel
COMPENSATION
$3M
AGE
46
TENURE
11.3 yrs

William Seeley

TITLE
VP of Compliance & Corporate Secretary
TENURE
6.2 yrs

Mark Hickson

TITLE
Executive Vice President of Corporate Development
AGE
51
TENURE
3.3 yrs

Deb Caplan

TITLE
Executive Vice President of Human Resources & Corporate Services
AGE
56
TENURE
7 yrs

Joseph Kelliher

TITLE
Executive Vice President of Federal Regulatory Affairs
AGE
58
TENURE
10.9 yrs
Board of Directors Tenure

Average tenure and age of the NextEra Energy board of directors in years:

10.1
Average Tenure
67.5
Average Age
  • The average tenure for the NextEra Energy board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Jim Robo

TITLE
Chairman
COMPENSATION
$21M
AGE
56
TENURE
6.3 yrs

Rudy Schupp

TITLE
Independent Director
COMPENSATION
$299K
AGE
68
TENURE
15.1 yrs

Bill Swanson

TITLE
Independent Director
COMPENSATION
$313K
AGE
70
TENURE
10.5 yrs

Kirk Hachigian

TITLE
Independent Director
COMPENSATION
$298K
AGE
59
TENURE
6.5 yrs

Amy Lane

TITLE
Independent Director
COMPENSATION
$294K
AGE
66
TENURE
5.2 yrs

Sherry Barrat

TITLE
Lead Director
COMPENSATION
$304K
AGE
69
TENURE
4.3 yrs

James Camaren

TITLE
Independent Director
COMPENSATION
$283K
AGE
64
TENURE
17.5 yrs

Hansel Tookes

TITLE
Independent Director
COMPENSATION
$302K
AGE
71
TENURE
15.1 yrs

Toni Jennings

TITLE
Independent Director
COMPENSATION
$289K
AGE
69
TENURE
13.2 yrs

Ken Dunn

TITLE
Independent Director
COMPENSATION
$299K
AGE
67
TENURE
9.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by NextEra Energy individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
13. Mar 20 Buy David Porges Individual 13. Mar 20 13. Mar 20 4,000 €198.64 €794,552
12. Mar 20 Buy James Camaren Individual 12. Mar 20 12. Mar 20 1,000 €191.95 €191,946
11. Mar 20 Buy James Camaren Individual 11. Mar 20 11. Mar 20 1,000 €216.15 €216,146
19. Feb 20 Buy David Porges Individual 19. Feb 20 19. Feb 20 3,000 €255.20 €765,587
X
Management checks
We assess NextEra Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. NextEra Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FP3 News

Simply Wall St News

FP3 Company Info

Description

NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, and fossil fuel, such as coal and natural gas facilities. It also develops, constructs, and operates long-term contracted assets with a focus on renewable generation facilities, natural gas pipelines, and battery storage projects; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2019, the company operated approximately 27,400 megawatts of net generating capacity. It serves approximately 10 million people through approximately 5 million customer accounts in the east and lower west coasts of Florida with approximately 75,400 circuit miles of transmission and distribution lines and 661 substations. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.

Details
Name: NextEra Energy, Inc.
FP3
Exchange: DB
Founded: 1925
$106,134,202,898
489,432,876
Website: http://www.nexteraenergy.com
Address: NextEra Energy, Inc.
700 Universe Boulevard,
Juno Beach,
Florida, 33408,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE NEE Common Stock New York Stock Exchange US USD 02. Jan 1968
DB FP3 Common Stock Deutsche Boerse AG DE EUR 02. Jan 1968
LSE 0K80 Common Stock London Stock Exchange GB USD 02. Jan 1968
BRSE FP3 Common Stock Berne Stock Exchange CH CHF 02. Jan 1968
WBAG NEE Common Stock Wiener Boerse AG AT EUR 02. Jan 1968
BMV NEE * Common Stock Bolsa Mexicana de Valores MX MXN 02. Jan 1968
BOVESPA NEXT34 BDR EACH 1 REP 0.25 COM USD0.01 Bolsa de Valores de Sao Paulo BR BRL 20. May 2019
Number of employees
Current staff
Staff numbers
14,800
NextEra Energy employees.
Industry
Electric Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 20:51
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.