NextEra EnergyWBO:NEE -1.05%82 EV-to-FCF is 128.53 as of Jul. 07, 2026, which is 103% above its 10-year median of 63.31. GuruFocus rates WBO:NEE with a GF Score™ of 82/100 and a GF Value™ of €69.98 (Fairly Valued). The stock has 10 warning signs investors should review. Among 299 Utilities - Regulated companies, NextEra Energy ranks worse than 92.64% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, NextEra Energy's Enterprise Value is €260,033 Mil.
NextEra Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €2,023 Mil. Therefore, NextEra Energy's EV-to-FCF for today is 128.53.
The historical rank and industry rank for NextEra Energy's EV-to-FCF or its related term are showing as below:
WBO:NEE'
s EV-to-FCF Range Over the Past 10 Years
Min: -3989.97 Med: 63.31 Max: 8968.2
Current: 125.34
During the past 13 years, the highest EV-to-FCF of NextEra Energy was 8968.20. The lowest was -3989.97. And the median was 63.31.
WBO:NEE's EV-to-FCF is ranked worse than 92.64% of 299
companies
in the Utilities - Regulated industry
Industry Median: 18.31
vs WBO:NEE: 125.34
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
NextEra Energy's PE Ratio (TTM) for today is calculated as:
NextEra Energy's share price for today is €76.59.
NextEra Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3.378.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
NextEra Energy EV-to-FCF Related Terms
NextEra Energy EV-to-FCF Historical Data
* Premium members only.
The historical data trend for NextEra Energy's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Electric subindustry, NextEra Energy's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NextEra Energy EV-to-FCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, NextEra Energy's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where NextEra Energy's EV-to-FCF falls into.
NextEra Energy's current Enterprise Value is €260,033 Mil.
NextEra Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,023 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NextEra Energy (WBO:NEE) has a EV-to-FCF of 128.53 as of Jul. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on NextEra Energy and its competitors. This is 103% above median its historical median of 63.31. According to the industry distribution chart, NextEra Energy ranks #277 out of 299 companies in the Utilities - Regulated industry, placing it in the top 92.6%.
Is NextEra Energy's EV-to-FCF too high?
NextEra Energy's current EV-to-FCF of 128.53 is 103% above median its 10-year median of 63.31. The Utilities - Regulated industry median EV-to-FCF is 18.31. NextEra Energy's value of 128.53 is 602% above this industry median. Based on the distribution chart, NextEra Energy ranks #277 out of 299 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, NextEra Energy has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NextEra Energy's EV-to-FCF compare to SO and DUK?
According to the Utilities - Regulated industry distribution chart, NextEra Energy ranks #277 out of 299 companies for EV-to-FCF. This places NextEra Energy in the lower half of its industry. The industry median EV-to-FCF is 18.31. NextEra Energy's value of 128.53 is 602% above this benchmark. While the company's 10-year median is 63.31 vs. the industry median of 18.31, NextEra Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Utilities - Regulated company?
The median EV-to-FCF among Utilities - Regulated companies is 18.31, based on 299 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NextEra Energy's current EV-to-FCF of 128.53 is 602% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on NextEra Energy and its competitors. For the Utilities - Regulated industry, the median EV-to-FCF is 18.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextEra Energy's current EV-to-FCF is 128.53, which is 103% above median its own 10-year median of 63.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextEra Energy stock overvalued right now?
Based on GuruFocus' analysis, NextEra Energy (WBO:NEE) is currently considered Fairly Valued. The stock's GF Value™ is €69.98, compared to a current price of €76.59 — trading 9.4% above its estimated fair value. The current EV-to-FCF is 128.53, which is 103% above median its 10-year median of 63.31 and 602% above the Utilities - Regulated industry median of 18.31. NextEra Energy's overall GF Score™ is 82/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For NextEra Energy (WBO:NEE), the current EV-to-FCF is 128.53 as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NextEra Energy (WBO:NEE) Overvalued in 2026?
Based on GuruFocus' analysis, NextEra Energy stock appears to be overvalued.
The current stock price of €76.59 is trading 9.4% above its estimated GF Value™ of €69.98.
GuruFocus considers NextEra Energy to be Fairly Valued.
Key valuation signals for WBO:NEE:
EV-to-FCF: 128.53 (103% above median its 10-year median of 63.31)
GF Value™: €69.98 vs. price of €76.59 (9.4% above fair value)
Industry Position: 602% above the Utilities - Regulated median (#277 of 299)
No single metric tells the full story. See the WBO:NEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to over 6 million customer accounts in Florida and owns 36 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with nearly 40 GW of generation capacity, including natural gas, nuclear, wind, and solar.
82GF Score
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