Sector: Utilities | Industry: Electric Utilities |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 700 Universe Blvd JUNO BEACH FL 33408 |
Tel: | N/A |
Website: | https://www.nexteraenergy.com |
IR: | See website |
Key People | ||
John W. Ketchum Chairman of the Board, President, Chief Executive Officer; Chairman of Florida Power & Light | James Michael May Vice President, Controller, Chief Accounting Officer | Terrell Kirk Crews Chief Financial Officer, Executive Vice President - Finance |
Rebecca J. Kujawa President, Chief Executive Officer of Nextera Energy Resources LLC | Armando Pimentel President, Chief Executive Officer of Florida Power & Light Company | Charles E. Sieving Executive Vice President, General Counsel |
Deborah H. Caplan Executive Vice President - Human Resources and Corporate Services | Robert Coffey Executive Vice President - Nuclear Division, Chief Nuclear Officer | Mark Lemasney Executive Vice President - Power Generation Division | Ronald R. Reagan Executive Vice President - Engineering, Construction and Integrated Supply Chain |
Business Overview |
NextEra Energy, Inc. is an electric power and energy infrastructure company. It operates through its wholly owned subsidiaries, NextEra Energy Resources, LLC and NextEra Energy Transmission, LLC (collectively, NEER) and Florida Power & Light Company (FPL). Its segments include NEER and FPL. FPL segment is a rate-regulated electric utility engaged in the generation, transmission, distribution and sale of electric energy in Florida. FPL has approximately 33,276 megawatts (MW) of net generating capacity, approximately 90,000 circuit miles of transmission and distribution lines and 883 substations. The NEER segment owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets in the United States and Canada and also includes assets and investments in other businesses with a clean energy focus, such as battery storage and renewable fuels. It also owns, develops, constructs and operates rate-regulated transmission facilities in North America. |
Financial Overview |
For the fiscal year ended 31 December 2023, NextEra Energy Inc revenues increased 34% to $28.11B. Net income increased 76% to $7.31B. Revenues reflect NextEra Energy Resources segment increase from $3.72B to $9.67B, FPL segment increase of 6% to $18.37B. Net income benefited from Fuel, purchased power and interchange decrease of 15% to $5.46B (expense), FV/Uls Adjust on Derivatives for Hedging increase from $461M (expense) to $159M (income). |
Employees: | 16,800 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $201,576M as of Dec 31, 2023 |
Annual revenue (TTM): | $28,115M as of Dec 31, 2023 |
EBITDA (TTM): | $16,071M as of Dec 31, 2023 |
Net annual income (TTM): | $7,310M as of Dec 31, 2023 |
Free cash flow (TTM): | -$2,029M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $70,521M as of Dec 31, 2023 |
Shares outstanding: | 2,054,481,502 as of Mar 26, 2024 |
Index Membership: | S&P 500, Dow Utility |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |