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1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
NextEra Energy's 1-Year ROIIC % for the quarter that ended in Mar. 2026 was 9.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for NextEra Energy's 1-Year ROIIC % or its related term are showing as below:
FRA:FP3's 1-Year ROIIC % is ranked better than 69.82% of 497
companies
in the Utilities - Regulated industry
Industry Median: 2.14
vs FRA:FP3: 9.31
NextEra Energy (FRA:FP3) 1-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
NextEra Energy 1-Year ROIIC % Related Terms
NextEra Energy 1-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for NextEra Energy's 1-Year ROIIC % 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.
FRA:FP3 vs SO, DUK, AEP: 1-Year ROIIC % Comparison
For the Utilities - Regulated Electric subindustry, NextEra Energy's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, NextEra Energy's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where NextEra Energy's 1-Year ROIIC % falls into.
NextEra Energy's 1-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( 6438.6364 (Mar. 2026) - 4606.586 (Mar. 2025) )
/
( 192960.74 (Mar. 2026) - 181768.05 (Mar. 2025) )
=
1832.0504
/
11192.69
=
16.37%***
* 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.
** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
NextEra Energy (FRA:FP3) has a 1-Year ROIIC % of 9.31 as of Mar. 2026. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on NextEra Energy and its competitors. According to the industry distribution chart, NextEra Energy ranks #150 out of 497 companies in the Utilities - Regulated industry, placing it in the top 30.2%.
Is NextEra Energy's 1-Year ROIIC % too high?
NextEra Energy's current 1-Year ROIIC % is 9.31. The Utilities - Regulated industry median 1-Year ROIIC % is 2.14. NextEra Energy's value of 9.31 is 335% above this industry median. Based on the distribution chart, NextEra Energy ranks #150 out of 497 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, NextEra Energy has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NextEra Energy's 1-Year ROIIC % compare to SO and DUK?
According to the Utilities - Regulated industry distribution chart, NextEra Energy ranks #150 out of 497 companies for 1-Year ROIIC %. This puts NextEra Energy in the upper half of its industry. The industry median 1-Year ROIIC % is 2.14. NextEra Energy's value of 9.31 is 335% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year ROIIC % for an Utilities - Regulated company?
The median 1-Year ROIIC % among Utilities - Regulated companies is 2.14, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a 1-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 1-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NextEra Energy's current 1-Year ROIIC % of 9.31 is 335% 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 1-Year ROIIC % mean?
A high 1-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on NextEra Energy and its competitors. For the Utilities - Regulated industry, the median 1-Year ROIIC % is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextEra Energy's current 1-Year ROIIC % is 9.31. 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 (FRA:FP3) is currently considered Fairly Valued. The stock's GF Value™ is €70.85, compared to a current price of €76.44 — trading 7.9% above its estimated fair value. The current 1-Year ROIIC % is 9.31 and 335% above the Utilities - Regulated industry median of 2.14. NextEra Energy's overall GF Score™ is 85/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year ROIIC % calculated?
1-Year ROIIC % is calculated from a company's financial statements. For NextEra Energy (FRA:FP3), the current 1-Year ROIIC % is 9.31 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 (FRA:FP3) Overvalued in 2026?
Based on GuruFocus' analysis, NextEra Energy stock appears to be overvalued.
The current stock price of €76.44 is trading 7.9% above its estimated GF Value™ of €70.85.
GuruFocus considers NextEra Energy to be Fairly Valued.
Key valuation signals for FRA:FP3:
1-Year ROIIC %: 9.31
GF Value™: €70.85 vs. price of €76.44 (7.9% above fair value)
Industry Position: 335% above the Utilities - Regulated median (#150 of 497)
No single metric tells the full story. See the FRA:FP3 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.
85GF Score
Get the complete analysis for FRA:FP3
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