NextEra Energy (HAM:FP3) Retained Earnings: €31,126 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:FP3 NextEra Energy Inc HAM:FP3
86 GF Score
Price €76.58
GF Value €70.91
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is NextEra Energy Retained Earnings?

NextEra Energy HAM:FP3 +0.42% 86 Retained Earnings is €31,126 Mil as of Mar. 2026. GuruFocus rates HAM:FP3 with a GF Score™ of 86/100 and a GF Value™ of €70.91 (Fairly Valued). The stock has 10 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NextEra Energy's retained earnings for the quarter that ended in Mar. 2026 was €31,126 Mil.

NextEra Energy's quarterly retained earnings increased from Sep. 2025 (€29,604 Mil) to Dec. 2025 (€29,977 Mil) and increased from Dec. 2025 (€29,977 Mil) to Mar. 2026 (€31,126 Mil).

NextEra Energy's annual retained earnings increased from Dec. 2023 (€27,725 Mil) to Dec. 2024 (€31,463 Mil) but then declined from Dec. 2024 (€31,463 Mil) to Dec. 2025 (€29,977 Mil).


NextEra Energy  (HAM:FP3) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


NextEra Energy Retained Earnings Historical Data

* Premium members only.

The historical data trend for NextEra Energy's Retained Earnings 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.

NextEra Energy Retained Earnings Chart

NextEra Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,931.24 25,211.41 27,725.50 31,463.43 29,977.11

NextEra Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30,167.03 29,023.69 29,604.44 29,977.11 31,126.16
HAM:FP3
86GF Score
NextEra Energy Inc HAM:FP3
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NextEra Energy Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of €31,126 Mil mean?
NextEra Energy (HAM:FP3) has a Retained Earnings of €31,126 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on NextEra Energy and its competitors.
Is NextEra Energy's Retained Earnings too high?
NextEra Energy's current Retained Earnings is €31,126 Mil. Overall, NextEra Energy has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NextEra Energy's Retained Earnings compare to SO and DUK?
NextEra Energy's Retained Earnings of €31,126 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Utilities - Regulated company?
A good Retained Earnings depends on the Utilities - Regulated industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on NextEra Energy and its competitors. NextEra Energy's current Retained Earnings is €31,126 Mil. 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 (HAM:FP3) is currently considered Fairly Valued. The stock's GF Value™ is €70.91, compared to a current price of €76.58 — trading 8% above its estimated fair value. The current Retained Earnings is €31,126 Mil. NextEra Energy's overall GF Score™ is 86/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For NextEra Energy (HAM:FP3), the current Retained Earnings is €31,126 Mil as of Mar. 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 (HAM:FP3) Overvalued in 2026?

Based on GuruFocus' analysis, NextEra Energy stock appears to be overvalued. The current stock price of €76.58 is trading 8% above its estimated GF Value™ of €70.91. GuruFocus considers NextEra Energy to be Fairly Valued.

Key valuation signals for HAM:FP3:

  • Retained Earnings: €31,126 Mil
  • GF Value™: €70.91 vs. price of €76.58 (8% above fair value)
  • GF Score™: 86/100 with 10 warning signs

No single metric tells the full story. See the HAM:FP3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NextEra Energy Business Description

Address 700 Universe Boulevard, Juno Beach, FL, USA, 33408
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.
86GF Score

Get the complete analysis for HAM:FP3

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€76.58
Price
€70.91
GF Value