As of Jul 31, 2026, the NextEra Energy stock's PE ratio is 19.4. This results from the current EPS of $4.48 and stock price of $86.92. The P/E ratio has a decrease of 15% from the past four quarters average of 22.8.
NEE PE ratio history
The PE ratio of NextEra Energy has averaged 29.41 over the last ten years. The current PE ratio of 19.4 is 34% below the historical average. Over the past ten years, NEE's PE ratio was at its highest in the Mar 2022 quarter at 114.47, when the stock price was $84.71 and the EPS was $0.74. The lowest value was in the Mar 2018 quarter, when it reached 9.34 with a price of $40.83 and an EPS of $4.37.
NextEra Energy PE ratio by year
Maximum annual increase: 150.81% in 2019
Maximum annual decrease: -57.72% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 24.25 | 14.33% | $80.28 | $3.31 |
| 2024 | 21.21 | 26.02% | $71.69 | $3.38 |
| 2023 | 16.83 | -57.72% | $60.74 | $3.61 |
| 2022 | 39.81 | -22.4% | $83.6 | $2.1 |
| 2021 | 51.3 | -0.93% | $93.36 | $1.82 |
| 2020 | 51.78 | 66.76% | $77.15 | $1.49 |
| 2019 | 31.05 | 150.81% | $60.54 | $1.95 |
| 2018 | 12.38 | -9.04% | $43.46 | $3.51 |
| 2017 | 13.61 | -28.44% | $39.05 | $2.87 |
| 2016 | 19.02 | 12.01% | $29.87 | $1.57 |
| 2015 | 16.98 | -9.25% | $25.97 | $1.53 |
| 2014 | 18.71 | -2.09% | $26.57 | $1.42 |
| 2013 | 19.11 | 27.06% | $21.41 | $1.12 |
| 2012 | 15.04 | 14.63% | $17.3 | $1.15 |
| 2011 | 13.12 | 20.15% | $15.22 | $1.16 |
NextEra Energy PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 19.59 | -16.46% | $87.77 | $4.48 |
| Mar 2026 | 23.45 | -3.3% | $92.88 | $3.96 |
| Dec 2025 | 24.25 | 1.51% | $80.28 | $3.31 |
| Sep 2025 | 23.89 | -0.87% | $75.49 | $3.16 |
| Jun 2025 | 24.1 | -8.88% | $69.42 | $2.88 |
| Mar 2025 | 26.45 | 24.71% | $70.89 | $2.68 |
| Dec 2024 | 21.21 | -14.96% | $71.69 | $3.38 |
| Sep 2024 | 24.94 | 8.81% | $84.53 | $3.39 |
| Jun 2024 | 22.92 | 31.95% | $70.81 | $3.09 |
| Mar 2024 | 17.37 | 3.21% | $63.91 | $3.68 |
| Dec 2023 | 16.83 | 11.31% | $60.74 | $3.61 |
| Sep 2023 | 15.12 | -17.47% | $57.29 | $3.79 |
| Jun 2023 | 18.32 | -19.9% | $74.2 | $4.05 |
| Mar 2023 | 22.87 | -42.55% | $77.08 | $3.37 |
| Dec 2022 | 39.81 | -1.51% | $83.6 | $2.1 |
NEE Price vs fair value
NEE average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
NEE's current P/E ratio is below the 3, 5 and 10-year averages.
PE comparison
With a P/E of 19.4, NEE is below the Utilities sector, the industry and its peers average. But compared to its Utilities sector average of 20.05, NextEra Energy's P/E is only 3.2% lower.
NEE PE vs peers
NEE's PE ratio is lower than its peer stocks SO and AEP, but it is greater than DUK's and EXC's. NextEra Energy's current PE ratio of 19.4 is below the average of its peers, which is 21.28.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PCG PG&E Corp | 12.45 | $46.03B |
| EXC Exelon Corp | 16.69 | $47.36B |
| DUK Duke Energy Corp | 19.16 | $97.55B |
| NEE NextEra Energy Inc | 19.29 | $180.27B |
| XEL Xcel Energy Inc | 21.3 | $48.83B |
| PPL PPL Corp | 21.57 | $26.62B |
| AEP American Electric Power Company Inc | 22.02 | $69.87B |
| SO Southern Company | 22.74 | $109.08B |
| D Dominion Energy Inc | 23.92 | $60.6B |
| FE Firstenergy Corp | 25.96 | $28.24B |
| ETR Entergy Corp | 27.46 | $50.61B |
Frequently asked questions
What is NextEra Energy's PE ratio?
As of Jul 31, 2026, NEE stock has a price to earnings ratio of 19.4.
What is the 3-year average PE ratio for NextEra Energy (NEE)?
Over the last 3 years, the average price to earnings ratio for NEE stock is 21.68.
What is the 5-year average PE ratio for NextEra Energy (NEE)?
Over the last 5 years, the average price to earnings ratio for NEE stock is 33.57.
What is the highest PE ratio for NEE?
Over the last ten years, the quarterly PE ratio reached a historic high of 114.47 in the Mar 2022 quarter.
How does the current PE ratio for NEE compare to its historical average?
NEE's price to earnings ratio is currently 34% below its 10-year historical average.
How is NEE's PE ratio calculated (NextEra Energy PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 31, 2026), NextEra Energy's stock price is $86.92. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $4.48. Therefore, NextEra Energy's P/E ratio for today is 19.4. PE RATIO(19.4) = STOCK PRICE($86.92) / TTM EPS($4.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.