Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). NextEra Energy's share price for the quarter that ended in Mar. 2024 was €58.98. NextEra Energy's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 2,055 Mil. Therefore, NextEra Energy's market cap for the quarter that ended in Mar. 2024 was €121,176 Mil.
NextEra Energy's quarterly market cap
increased
from Sep. 2023 (€112,598 Mil) to Dec. 2023 (€113,311 Mil) and
increased
from Dec. 2023 (€113,311 Mil) to Mar. 2024 (€121,176 Mil).
NextEra Energy's annual market cap
declined
from Dec. 2021 (€159,827 Mil) to Dec. 2022 (€156,258 Mil) and
declined
from Dec. 2022 (€156,258 Mil) to Dec. 2023 (€113,311 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. NextEra Energy's Enterprise Value for Today is €216,071 Mil.
NextEra Energy Market Cap Historical Data
The historical data trend for NextEra Energy's Market Cap 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.
Competitive Comparison of NextEra Energy's Market Cap
For the Utilities - Regulated Electric subindustry, NextEra Energy's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, NextEra Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where NextEra Energy's Market Cap falls into.
NextEra Energy Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
NextEra Energy's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
NextEra Energy Market Cap Related Terms
Thank you for viewing the detailed overview of NextEra Energy's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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 32 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 25 GW of generation capacity, including natural gas, nuclear, wind, and solar.
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