As of Jul 25, 2024, the Nextera Energy stock's PE ratio is 23.77. This results from the current EPS of $3.09 and stock price of $73.44. The P/E ratio has an increase of 32% from the past four quarters average of 18.1.
The PE ratio of Nextera Energy has averaged 28.35 over the last ten years. The current PE ratio of 23.77 is 16% 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 9.32 with a price of $40.83 and an EPS of $4.38.
Maximum annual increase: 150.81% in 2019
Maximum annual decrease: -57.72% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.83 | -57.72% |
| 2022 | 39.81 | -22.4% |
| 2021 | 51.3 | -0.93% |
| 2020 | 51.78 | 66.76% |
| 2019 | 31.05 | 150.81% |
| 2018 | 12.38 | -9.04% |
| 2017 | 13.61 | -28.44% |
| 2016 | 19.02 | 12.01% |
| 2015 | 16.98 | -9.25% |
| 2014 | 18.71 | -1.21% |
NEE's current P/E ratio is below the 3, 5 and 10-year averages.
NEE's PE ratio is lower than its peer stocks DUK and D, but it is greater than SO's and AEP's. Nextera Energy's current PE ratio of 23.77 is above the average of its peers, which is 20.34.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ETR Entergy Corp | 11.34 | $24.26B |
| PCG PG&E Corp | 15.28 | $47.15B |
| EXC Exelon Corp | 15.84 | $36.74B |
| XEL Xcel Energy Inc | 17.22 | $31.86B |
| AEP American Electric Power Co Inc | 17.89 | $50.84B |
| SO Southern Co | 21.18 | $89.85B |
| FE Firstenergy Corp | 22.13 | $23.56B |
| NEE Nextera Energy Inc | 24.03 | $152.63B |
| DUK Duke Energy CORP | 27.14 | $83.37B |
| D Dominion Energy Inc | 27.74 | $44.17B |
| PPL PPL Corp | 28.58 | $21.72B |
As of Jul 25, 2024, NEE stock has a price to earnings ratio of 23.77.
Over the last 3 years, the average price to earnings ratio for NEE stock is 40.29.
Over the last 5 years, the average price to earnings ratio for NEE stock is 39.17.
Over the last ten years, the quarterly PE ratio reached a historic high of 114.47 in the Mar 2022 quarter.
NEE's price to earnings ratio is currently 16% below its 10-year historical average.
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 25, 2024), Nextera Energy's stock price is $73.44. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.09. Therefore, Nextera Energy's P/E ratio for today is 23.77. PE RATIO(23.77) = STOCK PRICE($73.44) / TTM EPS($3.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.