NextEra Energy (NEE)
Market Price (1/16/2026): $82.94 | Market Cap: $171.2 BilSector: Utilities | Industry: Multi-Utilities
NextEra Energy (NEE)
Market Price (1/16/2026): $82.94Market Cap: $171.2 BilSector: UtilitiesIndustry: Multi-Utilities
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.5%, Dividend Yield is 2.7% | Trading close to highsDist 52W High is -4.8%, Dist 3Y High is -4.8% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 53% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 46%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12%, CFO LTM is 12 Bil, FCF LTM is 3.1 Bil | Weak multi-year price returns2Y Excs Rtn is -1.6%, 3Y Excs Rtn is -71% | Expensive valuation multiplesP/SPrice/Sales ratio is 6.5x |
| Low stock price volatilityVol 12M is 28% | Key risksNEE key risks include [1] a substantial debt load and sensitivity to interest rates, Show more. | |
| Megatrend and thematic driversMegatrends include Renewable Energy Transition, Smart Grids & Grid Modernization, and Hydrogen Economy. Themes include Solar Energy Generation, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.5%, Dividend Yield is 2.7% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 46%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12%, CFO LTM is 12 Bil, FCF LTM is 3.1 Bil |
| Low stock price volatilityVol 12M is 28% |
| Megatrend and thematic driversMegatrends include Renewable Energy Transition, Smart Grids & Grid Modernization, and Hydrogen Economy. Themes include Solar Energy Generation, Show more. |
| Trading close to highsDist 52W High is -4.8%, Dist 3Y High is -4.8% |
| Weak multi-year price returns2Y Excs Rtn is -1.6%, 3Y Excs Rtn is -71% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 53% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 6.5x |
| Key risksNEE key risks include [1] a substantial debt load and sensitivity to interest rates, Show more. |
Why The Stock Moved
Qualitative Assessment
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1. NextEra Energy Reaffirmed Strong Financial and Dividend Growth Targets: On January 2, 2026, NextEra Energy confirmed its unchanged financial projections, including adjusted earnings per share (EPS) targets for 2025 and 2026, and an annual adjusted EPS growth target of at least 8% through 2032 and 2035. The company also reiterated its expectation of approximately 10% annual dividend growth through 2026 from a 2024 base.
2. Strategic Partnerships and Acquisitions Highlighted Growth: December 8, 2025, saw multiple announcements, including a strategic energy and technology partnership with Google Cloud aimed at accelerating AI growth. NextEra Energy Resources also finalized an agreement with Meta for 2.5 GW of clean energy contracts and announced plans to acquire Symmetry Energy Solutions to expand its natural gas capabilities. These strategic moves underscore the company's commitment to expanding its energy infrastructure and renewable energy portfolio.
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Stock Movement Drivers
Fundamental Drivers
The 1.7% change in NEE stock from 10/31/2025 to 1/15/2026 was primarily driven by a 1.7% change in the company's P/E Multiple.| 10312025 | 1152026 | Change | |
|---|---|---|---|
| Stock Price ($) | 80.85 | 82.19 | 1.65% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 26298.00 | 26298.00 | 0.00% |
| Net Income Margin (%) | 24.72% | 24.72% | 0.00% |
| P/E Multiple | 25.67 | 26.10 | 1.65% |
| Shares Outstanding (Mil) | 2064.60 | 2064.60 | 0.00% |
| Cumulative Contribution | 1.65% |
Market Drivers
10/31/2025 to 1/15/2026| Return | Correlation | |
|---|---|---|
| NEE | 1.7% | |
| Market (SPY) | 1.5% | 33.8% |
| Sector (XLU) | -2.1% | 69.7% |
Fundamental Drivers
The 17.3% change in NEE stock from 7/31/2025 to 1/15/2026 was primarily driven by a 8.2% change in the company's Net Income Margin (%).| 7312025 | 1152026 | Change | |
|---|---|---|---|
| Stock Price ($) | 70.04 | 82.19 | 17.35% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 25899.00 | 26298.00 | 1.54% |
| Net Income Margin (%) | 22.84% | 24.72% | 8.24% |
| P/E Multiple | 24.35 | 26.10 | 7.18% |
| Shares Outstanding (Mil) | 2056.70 | 2064.60 | -0.38% |
| Cumulative Contribution | 17.34% |
Market Drivers
7/31/2025 to 1/15/2026| Return | Correlation | |
|---|---|---|
| NEE | 17.3% | |
| Market (SPY) | 9.8% | 19.0% |
| Sector (XLU) | 2.5% | 63.9% |
Fundamental Drivers
The 18.4% change in NEE stock from 1/31/2025 to 1/15/2026 was primarily driven by a 27.3% change in the company's P/E Multiple.| 1312025 | 1152026 | Change | |
|---|---|---|---|
| Stock Price ($) | 69.40 | 82.19 | 18.43% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 26245.00 | 26298.00 | 0.20% |
| Net Income Margin (%) | 26.49% | 24.72% | -6.66% |
| P/E Multiple | 20.50 | 26.10 | 27.32% |
| Shares Outstanding (Mil) | 2053.50 | 2064.60 | -0.54% |
| Cumulative Contribution | 18.43% |
Market Drivers
1/31/2025 to 1/15/2026| Return | Correlation | |
|---|---|---|
| NEE | 18.4% | |
| Market (SPY) | 16.0% | 27.4% |
| Sector (XLU) | 14.3% | 67.4% |
Fundamental Drivers
The 20.2% change in NEE stock from 1/31/2023 to 1/15/2026 was primarily driven by a 32.6% change in the company's Total Revenues ($ Mil).| 1312023 | 1152026 | Change | |
|---|---|---|---|
| Stock Price ($) | 68.40 | 82.19 | 20.17% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 19838.00 | 26298.00 | 32.56% |
| Net Income Margin (%) | 19.30% | 24.72% | 28.10% |
| P/E Multiple | 35.23 | 26.10 | -25.93% |
| Shares Outstanding (Mil) | 1972.50 | 2064.60 | -4.67% |
| Cumulative Contribution | 19.90% |
Market Drivers
1/31/2023 to 1/15/2026| Return | Correlation | |
|---|---|---|
| NEE | 20.2% | |
| Market (SPY) | 76.6% | 24.1% |
| Sector (XLU) | 37.4% | 75.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NEE Return | 23% | -9% | -25% | 21% | 15% | 2% | 21% |
| Peers Return | 19% | 2% | -9% | 17% | 17% | 2% | 55% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 84% |
Monthly Win Rates [3] | |||||||
| NEE Win Rate | 75% | 58% | 42% | 50% | 58% | 100% | |
| Peers Win Rate | 55% | 62% | 53% | 62% | 65% | 100% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| NEE Max Drawdown | -8% | -26% | -40% | -9% | -10% | -2% | |
| Peers Max Drawdown | -8% | -13% | -20% | -6% | -3% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | 0% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DUK, SO, D, AEP, EXC. See NEE Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 1/15/2026 (YTD)
How Low Can It Go
| Event | NEE | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -47.2% | -25.4% |
| % Gain to Breakeven | 89.3% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -35.6% | -33.9% |
| % Gain to Breakeven | 55.4% | 51.3% |
| Time to Breakeven | 129 days | 148 days |
| 2018 Correction | ||
| % Loss | -8.8% | -19.8% |
| % Gain to Breakeven | 9.6% | 24.7% |
| Time to Breakeven | 36 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -48.9% | -56.8% |
| % Gain to Breakeven | 95.7% | 131.3% |
| Time to Breakeven | 1,572 days | 1,480 days |
Compare to DUK, SO, D, AEP, EXC
In The Past
NextEra Energy's stock fell -47.2% during the 2022 Inflation Shock from a high on 12/31/2021. A -47.2% loss requires a 89.3% gain to breakeven.
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AI Analysis | Feedback
- It's like Amazon for utility-scale renewable energy, while also operating a major traditional electric utility in Florida.
- It's like Southern Company, a large traditional electric utility, that's also the world's largest developer and operator of wind and solar energy.
AI Analysis | Feedback
- Electricity Generation and Distribution (Regulated Utility Service): Providing reliable electric power to millions of customers in Florida through its regulated utility, Florida Power & Light.
- Renewable Energy Generation (Wholesale Energy Sales): Developing, constructing, and operating large-scale wind, solar, and battery storage projects across North America, selling clean electricity to utilities and other customers.
- Electricity Transmission Infrastructure Development: Investing in and operating electric transmission lines and facilities to transport electricity across regions.
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Major Customers of NextEra Energy (NEE)
NextEra Energy (NEE), primarily through its subsidiary Florida Power & Light Company (FPL), sells electric energy directly to end-users rather than primarily to other companies. FPL is Florida's largest electric utility, serving approximately 5.9 million customer accounts, or more than 12 million people, across its service territory.
The major categories of customers NextEra Energy serves through FPL are:
- Residential Customers: Individual households and residences that consume electricity for personal use.
- Commercial Customers: Businesses of various sizes, including retail stores, offices, hotels, hospitals, and other non-industrial enterprises.
- Industrial Customers: Large manufacturing plants, processing facilities, and other heavy industries requiring significant electricity consumption for their operations.
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- GE Vernova (GEV)
- Vestas Wind Systems A/S (VWDRY)
- First Solar, Inc. (FSLR)
- Fluence Energy, Inc. (FLNC)
- Kinder Morgan, Inc. (KMI)
- Williams Companies, Inc. (WMB)
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John W. Ketchum, Chairman, President and Chief Executive Officer
John W. Ketchum is the chairman, president, and CEO of NextEra Energy, Inc. He was named president and CEO in March 2022 and became chairman of the board of directors in July 2022. Mr. Ketchum joined NextEra Energy in 2002 and has held various business, finance, and legal roles, including president and CEO of NextEra Energy Resources, chief financial officer of NextEra Energy, and chief financial officer of Florida Power & Light Company (FPL). Before joining NextEra Energy, he served as corporate counsel to TECO Energy and as a corporate and securities law associate for Holland & Knight, LLP. He began his career as a tax lawyer for Lathrop & Gage and also worked in corporate banking.
Michael Dunne, Executive Vice President, Finance and Chief Financial Officer
Michael Dunne is the Executive Vice President, Finance and Chief Financial Officer of NextEra Energy. He was appointed to this role on March 17, 2025. Mr. Dunne joined NextEra Energy in April 2022 as vice president, finance, and was named treasurer in January 2023. Prior to joining NextEra Energy, he served as the head of natural resources in the Americas at Goldman Sachs. He joined Goldman Sachs as an associate in 1999, became a managing director in 2007, and a partner in 2012.
Armando Pimentel, President and Chief Executive Officer, Florida Power & Light Company
Armando Pimentel is the president and chief executive officer of Florida Power & Light Company (FPL), a subsidiary of NextEra Energy, Inc. He was appointed to this role in February 2023. Previously, Mr. Pimentel served as president and CEO of NextEra Energy Resources and also as NextEra Energy's and FPL's chief financial officer from May 2008 to March 2019. Before joining NextEra Energy, he was a senior partner at Deloitte & Touche LLP and an accounting fellow with the Office of the Chief Accountant of the Securities and Exchange Commission.
Brian Bolster, President and Chief Executive Officer, NextEra Energy Resources
Brian Bolster is the president and chief executive officer of NextEra Energy Resources, LLC. He assumed this role on March 17, 2025, succeeding Rebecca Kujawa. Mr. Bolster joined NextEra Energy in May 2024 as executive vice president, finance and chief financial officer. Prior to joining NextEra Energy, he was the head of natural resources in the Americas at Goldman Sachs. He joined Goldman Sachs as an associate in 1999, was named managing director in 2007, and became a partner in 2012.
Mark E. Hickson, Executive Vice President, Corporate Development and Strategy
Mark E. Hickson is the executive vice president of corporate development and strategy for NextEra Energy, Inc. He joined NextEra Energy in 2012 as vice president, corporate development and operational excellence. His responsibilities include identifying and prioritizing investment opportunities, corporate strategy, mergers, acquisitions, and integration activities. Before joining NextEra Energy, Mr. Hickson served as a managing director in Global Mergers and Acquisitions at Merrill Lynch & Co. from 1997 to April 2012.
AI Analysis | Feedback
The key risks to NextEra Energy (NEE) largely stem from its capital-intensive operations, its reliance on a regulated environment, and its aggressive expansion in renewable energy. The three most significant risks are its substantial debt load and sensitivity to interest rates, regulatory and policy changes, and the challenges associated with executing large-scale renewable energy projects.
- High Debt Load and Interest Rate Sensitivity: NextEra Energy carries a significant debt load, a common characteristic of capital-intensive utility companies. As of June 30, 2025, the company had total liabilities of approximately $137.90 billion, resulting in a high debt-to-equity ratio of 1.84. This substantial leverage exposes the company to financial risk, particularly with sustained higher interest rates. New project debt often utilizes floating rates, meaning any increase in benchmark interest rates directly elevates interest expenses and can impact profitability. While NextEra Energy actively uses hedging strategies to mitigate this, rising interest rates remain a major financial threat.
- Regulatory and Policy Risks: As a prominent player in the energy sector, NextEra Energy operates within a heavily regulated environment. This exposes the company to substantial risks from changes in federal, state, and local regulations and energy policies. Unfavorable rulings in base rate cases, unexpected regulatory pushback, or shifts in environmental policies (such as those related to greenhouse gas emissions) could cap earnings growth for its regulated utility segment, Florida Power & Light (FPL), and increase operating costs and capital expenditures. Furthermore, potential alterations to governmental incentives and subsidies for clean energy projects, or the imposition of new taxes or tariffs, could adversely affect the economics and development of NextEra Energy Resources' (NEER) renewable projects.
- Project Execution and Supply Chain Risks for Renewable Energy Development: NextEra Energy Resources has an ambitious capital plan, including a backlog of nearly 30 GW of renewables and storage projects from 2025 through 2029. The efficient deployment of such a massive amount of capital involves significant execution risks. These include escalating costs for materials and labor, potential supply chain disruptions (e.g., for solar panels and batteries), difficulties in obtaining necessary licenses, rights-of-way, and permits on acceptable terms or schedule, and disputes with various third parties. Delays or cost overruns in these large-scale construction projects could negatively impact the company's financial performance and growth trajectory.
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The increasing proliferation of distributed energy resources (DERs), such as rooftop solar and localized battery storage, poses a clear emerging threat to the traditional utility business model. As the cost of these technologies declines, consumers and businesses are increasingly able to generate and store their own electricity, reducing their reliance on the centralized grid and traditional utility services provided by companies like NextEra Energy's regulated utility arm, Florida Power & Light (FPL). This trend can lead to declining electricity sales and reduced demand for grid infrastructure, potentially resulting in regulated utilities needing to recover fixed costs from a shrinking customer base and necessitating significant adaptation of their established revenue models and operational strategies.
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NextEra Energy (NEE) operates primarily through two main businesses, Florida Power & Light (FPL) and NextEra Energy Resources (NEER), each serving distinct addressable markets.
Florida Power & Light (FPL)
FPL operates as a regulated electric utility, providing electricity generation, transmission, and distribution to residential, commercial, and industrial customers in Florida. As of recent reports, FPL serves more than 6 million customer accounts, which equates to approximately 12 million people across Florida. The addressable market for FPL is the electricity demand within its Florida service territory, which is influenced by the state's growing population and economic expansion.
NextEra Energy Resources (NEER)
NextEra Energy Resources is a prominent clean energy business, and is recognized as one of the largest generators of renewable energy globally, primarily from wind and solar, and a leader in battery storage. It also manages natural gas and nuclear power plants, and offers energy marketing and retail energy services to wholesale customers and businesses across North America, including the United States and Canada.
For its renewable energy, storage, and transmission services, NextEra Energy identifies an addressable market opportunity of approximately $8 trillion in the United States through 2050.
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Expected Drivers of Future Revenue Growth for NextEra Energy (NEE)
Over the next 2-3 years, NextEra Energy (NEE) is expected to experience revenue growth driven by several key factors:
- Investment in Renewables and Battery Storage: NextEra Energy Resources, the company's competitive clean energy business, is consistently expanding its portfolio of wind, solar, and battery storage projects. The company has a substantial backlog of new renewable and storage projects, with significant additions of approximately 3 gigawatts (GW) to its backlog in recent quarters, bringing the four-quarter total to around 11 GW. The company plans substantial capital expenditures for solar and battery storage, anticipating $14.5 billion for solar alone from 2025 through 2029. NextEra Energy Resources aims to operate a 70-gigawatt generation and storage portfolio by 2027.
- Increased Electricity Demand from Data Centers and AI: The U.S. is experiencing a "golden age of power demand," largely fueled by the rapid growth of energy-intensive data centers and artificial intelligence technologies. NextEra Energy is strategically positioned to meet this demand, having secured a 25-year power purchase agreement with Google for its nuclear facility in Iowa to power AI data centers. NextEra Energy Resources' backlog now includes approximately 6 GW of projects intended to serve technology and data center customers, with a total of over 10.5 GW serving these customers across the United States including its operating portfolio.
- Rate Base Growth and Rate Increases at Florida Power & Light (FPL): Florida Power & Light (FPL), NextEra's regulated utility subsidiary, benefits from Florida's ongoing population growth, leading to an expanding customer base. FPL is also undertaking significant capital investments in its generation, transmission, and distribution facilities, with planned investments in FPL of nearly $50 billion from 2025 to 2029. FPL has an ongoing proceeding for an increase in base rates, expected to be implemented in January 2026, which is anticipated to contribute to revenue growth.
- Expansion and Upgrades of Transmission & Distribution (T&D) Infrastructure: NextEra Energy plans to invest substantially in its T&D infrastructure, particularly through FPL, to enhance grid reliability, fortify against extreme weather, deploy smart-grid technologies, and increase capacity to meet rising electricity demand. The company plans to invest $21.68 billion in 2025-2029 to further expand T&D lines. These regulated investments are expected to provide predictable returns and support the delivery of power from renewable projects to high-demand markets.
- Expansion of Nuclear Fleet: NextEra Energy is actively expanding its nuclear fleet, including the recommissioning of the 615-megawatt Duane Arnold Energy Center in Iowa, which is expected to become operational by 2029. This expansion aims to provide reliable, low-carbon electricity to meet growing demand, including that from energy-intensive sectors like AI data centers. The company estimates capital expenditures of $3.3 billion for nuclear from 2025 through 2029.
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Share Repurchases
- NextEra Energy has made no significant share repurchases over the last 3-5 years.
- The company's Board of Directors authorized repurchases of up to 180 million shares of common stock (post-split) in May 2017, with no specified expiration.
Share Issuance
- NextEra Energy issued approximately $2.42 billion in equity units in February 2020 and approximately $1.94 billion in equity units in September 2020.
- In October 2024, NextEra Energy agreed to sell $1.5 billion of equity units, with net proceeds of approximately $1.45 billion to be added to general funds for investments in energy and power projects.
- The company's funding plan from 2024-2027 includes expected equity unit issuances ranging from $5 billion to $7 billion.
Inbound Investments
- NextEra Energy Partners, LP, a subsidiary, secured approximately $1.1 billion in convertible equity portfolio financing from a consortium of private infrastructure investors in November 2020.
Outbound Investments
- NextEra Energy acquired CenterPoint Energy, a manufacturer of electric transmission equipment, in November 2023.
- NextEra Energy Partners acquired a 391-megawatt portfolio of four operating wind assets from Brookfield Renewable for a base purchase price of $733 million in April 2021.
- NextEra Energy Investments, an indirect wholly-owned subsidiary, makes strategic investments in early-stage companies focused on cybersecurity, data & AI, and energy transition, and holds seed competitions offering up to $1 million in seed capital.
Capital Expenditures
- NextEra Energy plans to invest more than $120 billion in America's energy infrastructure over the next four years (from March 2025).
- The company projects total capital expenditures of $74.65 billion from 2025 to 2029, with over 65% directed towards non-regulated businesses.
- Primary focus areas for these capital expenditures include significant investments in solar and storage development, new and repowering wind projects, and upgrades to transmission and distribution, driven by increasing energy demand from sources such as AI, electric vehicles, and data centers.
Latest Trefis Analyses
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Peer Comparisons for NextEra Energy
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 85.48 |
| Mkt Cap | 78.2 |
| Rev LTM | 25,308 |
| Op Inc LTM | 6,352 |
| FCF LTM | -1,665 |
| FCF 3Y Avg | -2,027 |
| CFO LTM | 8,118 |
| CFO 3Y Avg | 7,222 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.7% |
| Rev Chg 3Y Avg | 6.4% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 26.4% |
| Op Mgn 3Y Avg | 24.4% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 32.3% |
| CFO/Rev 3Y Avg | 33.1% |
| FCF/Rev LTM | -6.4% |
| FCF/Rev 3Y Avg | -8.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 78.2 |
| P/S | 3.2 |
| P/EBIT | 10.6 |
| P/E | 20.2 |
| P/CFO | 9.9 |
| Total Yield | 8.2% |
| Dividend Yield | 3.1% |
| FCF Yield 3Y Avg | -3.4% |
| D/E | 0.8 |
| Net D/E | 0.8 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 2.3% |
| 3M Rtn | -4.3% |
| 6M Rtn | 5.9% |
| 12M Rtn | 19.1% |
| 3Y Rtn | 20.7% |
| 1M Excs Rtn | -0.5% |
| 3M Excs Rtn | -9.3% |
| 6M Excs Rtn | -4.4% |
| 12M Excs Rtn | 0.3% |
| 3Y Excs Rtn | -57.0% |
Comparison Analyses
Price Behavior
| Market Price | $82.19 | |
| Market Cap ($ Bil) | 169.7 | |
| First Trading Date | 06/10/1983 | |
| Distance from 52W High | -4.8% | |
| 50 Days | 200 Days | |
| DMA Price | $82.17 | $74.66 |
| DMA Trend | up | indeterminate |
| Distance from DMA | 0.0% | 10.1% |
| 3M | 1YR | |
| Volatility | 19.4% | 27.6% |
| Downside Capture | 86.27 | 5.32 |
| Upside Capture | 51.05 | 24.59 |
| Correlation (SPY) | 34.5% | 24.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.75 | 0.54 | 0.56 | 0.27 | 0.37 | 0.43 |
| Up Beta | 2.30 | 0.47 | 0.85 | 0.29 | 0.45 | 0.54 |
| Down Beta | -0.07 | -0.00 | 0.21 | 0.34 | 0.52 | 0.44 |
| Up Capture | 7% | 70% | 78% | 31% | 15% | 9% |
| Bmk +ve Days | 11 | 23 | 37 | 72 | 143 | 431 |
| Stock +ve Days | 7 | 19 | 31 | 66 | 130 | 390 |
| Down Capture | 159% | 78% | 54% | 11% | 16% | 64% |
| Bmk -ve Days | 11 | 18 | 27 | 55 | 108 | 320 |
| Stock -ve Days | 14 | 21 | 32 | 60 | 120 | 359 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| NEE vs. Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| NEE | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 26.6% | 19.2% | 20.1% | 72.3% | 3.9% | 9.8% | 1.8% |
| Annualized Volatility | 27.6% | 16.1% | 19.3% | 20.0% | 15.3% | 16.7% | 34.5% |
| Sharpe Ratio | 0.84 | 0.90 | 0.82 | 2.61 | 0.05 | 0.39 | 0.12 |
| Correlation With Other Assets | 66.6% | 24.4% | 11.1% | 17.9% | 41.9% | 5.8% | |
ETFs used for asset classes: Sector ETF = XLU, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, Bitcoin = BTCUSD
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Based On 5-Year Data
| NEE vs. Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| NEE | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 3.3% | 10.3% | 14.3% | 18.7% | 11.3% | 6.0% | 19.6% |
| Annualized Volatility | 26.9% | 17.2% | 17.1% | 15.6% | 18.7% | 18.8% | 48.2% |
| Sharpe Ratio | 0.13 | 0.46 | 0.67 | 0.96 | 0.48 | 0.23 | 0.45 |
| Correlation With Other Assets | 77.1% | 37.4% | 18.1% | 8.3% | 50.2% | 11.8% | |
ETFs used for asset classes: Sector ETF = XLU, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| NEE vs. Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| NEE | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 15.0% | 10.7% | 15.4% | 14.8% | 7.5% | 5.7% | 70.7% |
| Annualized Volatility | 25.2% | 19.2% | 18.0% | 14.8% | 17.6% | 20.8% | 55.7% |
| Sharpe Ratio | 0.58 | 0.49 | 0.74 | 0.83 | 0.35 | 0.24 | 0.91 |
| Correlation With Other Assets | 82.1% | 45.7% | 17.4% | 11.2% | 57.7% | 11.1% | |
ETFs used for asset classes: Sector ETF = XLU, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, Bitcoin = BTCUSD
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SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 10/28/2025 | 10-Q (09/30/2025) |
| 06/30/2025 | 07/23/2025 | 10-Q (06/30/2025) |
| 03/31/2025 | 04/23/2025 | 10-Q (03/31/2025) |
| 12/31/2024 | 02/14/2025 | 10-K (12/31/2024) |
| 09/30/2024 | 10/23/2024 | 10-Q (09/30/2024) |
| 06/30/2024 | 07/24/2024 | 10-Q (06/30/2024) |
| 03/31/2024 | 04/23/2024 | 10-Q (03/31/2024) |
| 12/31/2023 | 02/16/2024 | 10-K (12/31/2023) |
| 09/30/2023 | 11/07/2023 | 10-Q (09/30/2023) |
| 06/30/2023 | 07/26/2023 | 10-Q (06/30/2023) |
| 03/31/2023 | 04/26/2023 | 10-Q (03/31/2023) |
| 12/31/2022 | 02/17/2023 | 10-K (12/31/2022) |
| 09/30/2022 | 11/03/2022 | 10-Q (09/30/2022) |
| 06/30/2022 | 07/27/2022 | 10-Q (06/30/2022) |
| 03/31/2022 | 04/22/2022 | 10-Q (03/31/2022) |
| 12/31/2021 | 02/18/2022 | 10-K (12/31/2021) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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