NextEra Energy (MEX:NEE) Forward PE Ratio : 20.44 (As of Dec. 14, 2024)

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What is NextEra Energy Forward PE Ratio?

NextEra Energy's Forward PE Ratio for today is 20.44.

NextEra Energy's PE Ratio without NRI for today is 20.47.

NextEra Energy's PE Ratio (TTM) for today is 21.20.

NextEra Energy Forward PE Ratio Historical Data

The historical data trend for NextEra Energy's Forward PE Ratio 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.

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NextEra Energy Forward PE Ratio Chart

NextEra Energy Annual Data

Trend

2017-12

2018-12

2019-11

2020-12

2021-12

2022-12

2023-12

2024-12

Forward PE Ratio

20.83

21.37

26.25

30.03

35.59

27.25

17.83

20.32

NextEra Energy Quarterly Data
	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03	2024-06	2024-09	2024-12
Forward PE Ratio	20.83	20.75	18.35	20.62	21.37	20.45	24.27	25.58	25.97	26.60	27.86	30.03	29.15	29.33	29.41	35.59	29.85	27.10	25.71	27.25	24.45	23.47	16.75	17.83	18.12	21.01	22.73	20.32

Competitive Comparison of NextEra Energy's Forward PE Ratio

For the Utilities - Regulated Electric subindustry, NextEra Energy's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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's Forward PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NextEra Energy's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where NextEra Energy's Forward PE Ratio falls into.

NextEra Energy Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

NextEra Energy (MEX:NEE) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

NextEra Energy Forward PE Ratio Related Terms

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NextEra Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NextEra Energy Inc (MEX:NEE) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

NEE:USA NEE:Peru 1NEE:Italy 0K80:UK FP3:Germany FP3:Germany NEXT34:Brazil NEE:Austria

Address

700 Universe Boulevard, Juno Beach, FL, USA, 33408

Website

https://www.nexteraenergy.com

NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 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 more than 34 GW of generation capacity, including natural gas, nuclear, wind, and solar.