NextEra Energy Partners LP (NextEra Energy Partners LP) Net Margin %

: 186.67% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. NextEra Energy Partners LP's Net Income for the three months ended in Dec. 2023 was $112 Mil. NextEra Energy Partners LP's Revenue for the three months ended in Dec. 2023 was $60 Mil. Therefore, NextEra Energy Partners LP's net margin for the quarter that ended in Dec. 2023 was 186.67%.

The historical rank and industry rank for NextEra Energy Partners LP's Net Margin % or its related term are showing as below:

NEP' s Net Margin % Range Over the Past 10 Years
Min: -8.3 Med: 6.38 Max: 49.23
Current: 18.55

NEP's Net Margin % is ranked better than
74.51% of 412 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.665 vs NEP: 18.55

NextEra Energy Partners LP Net Margin % Historical Data

The historical data trend for NextEra Energy Partners LP's Net Margin % 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.

* Premium members only.

NextEra Energy Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-8.30

-5.45

18.98

49.23

18.55

NextEra Energy Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																141.67	-4.65	14.00	14.44	186.67

Competitive Comparison

For the Utilities - Renewable subindustry, NextEra Energy Partners LP's Net Margin %, along with its competitors' market caps and Net Margin % 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 Partners LP Net Margin % Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, NextEra Energy Partners LP's Net Margin % distribution charts can be found below:

* The bar in red indicates where NextEra Energy Partners LP's Net Margin % falls into.

NextEra Energy Partners LP Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

NextEra Energy Partners LP's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	200	/	1078
	=	18.55 %

NextEra Energy Partners LP's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	112	/	60
	=	186.67 %

NextEra Energy Partners LP (NYSE:NEP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

NextEra Energy Partners LP Net Margin % Related Terms

Thank you for viewing the detailed overview of NextEra Energy Partners LP's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

NextEra Energy Partners LP (NextEra Energy Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » NextEra Energy Partners LP (NYSE:NEP) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

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

Website

http://www.nexteraenergypartners.com

NextEra Energy Partners LP is formed to acquire, manage and own contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The renewable energy projects are fully contracted, use industry technology and are in regions that are favorable for generating energy from the wind and sun. Its natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. Renewable energy sales generate maximum revenue for the company.

Executives

Peter H Kind	director	ONE LEADERSHIP SQUARE, 211 NORTH ROBINSON AVENUE, OKLAHOMA CITY OK 73102
Michael Dunne	officer: Treasurer	700 UNIVERSE BLVD, JUNO BEACH FL 33408
Crews Terrell Kirk Ii	officer: Chief Financial Officer	700 UNIVERSE BLVD, JUNO BEACH FL 33408
James Michael May	officer: Controller/CAO	700 UNIVERSE BLVD, JUNO BEACH FL 33408
John W Ketchum	director, officer: President	700 UNIVERSE BLVD, JUNO BEACH FL 33408
Charles E Sieving	officer: General Counsel	C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Rebecca J Kujawa	director, officer: Chief Financial Officer	700 UNIVERSE BLVD, JUNO BEACH FL 33408
James L Robo	director, officer: Chairman & CEO	3300 PGA BOULEVARD, SUITE 350, PALM BEACH GARDENS FL 33410
Robert J Byrne	director	C/O MASONITE INTERNATIONAL CORPORATION, 201 NORTH FRANKLIN ST., SUITE 300, TAMPA FL 33602
Paul I Cutler	officer: Treasurer & Asst. Sec	C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Mark E Hickson	director, officer: EVP, Strategy & Corp Dev	700 UNIVERSE BLVD, JUNO BEACH FL 33408
Susan D Austin	director	700 UNIVERSE BLVD, JUNO BEACH FL 33408
Armando Jr Pimentel	director, officer: President of GP	C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408
James N. Suciu	director	700 UNIVERSE BLVD, JUNO BEACH FL 33408
Nextera Energy Partners, Lp	director	700 UNIVERSE BOULEVARD, JUNO BEACH FL 33408