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NEE Nextera Energy PE ratio, current and historical analysis

As of Feb 23, 2024, the Nextera Energy stock's PE ratio is 15.73. This results from the current EPS of $3.61 and stock price of $56.78. The P/E ratio has a decrease of 14% from the past four quarters average of 18.3.

NEE PE ratio history

How has NEE's PE ratio performed in the past

The PE ratio of Nextera Energy has averaged 28.4 over the last ten years. The current PE ratio of 15.73 is 45% 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.

Average
28.4
Median
22.01
Minimum
9.32
Maximum
114.47

Nextera Energy PE ratio by year

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 average PE ratio chart

What is the average PE ratio of NEE for the past years

NEE's current P/E ratio is below the 3, 5 and 10-year averages.

3-year avg
43.68
5-year avg
40.21
10-year avg
28.4
15-year avg
23.54

NEE PE vs peers

What is NEE's PE ratio compared to its peers

NEE's PE ratio is lower than its peer stocks SO and DUK, but it is greater than PCG's and EXC's. Nextera Energy's current PE ratio of 15.73 is below the average of its peers, which is 18.96.

Stock name PE ratio Market cap
ETR Entergy Corp 9.04 $21.46B
PCG PG&E Corp 15.2 $43.27B
EXC Exelon Corp 15.21 $35.58B
NEE Nextera Energy Inc 15.26 $113.1B
XEL Xcel Energy Inc 18.27 $32.56B
SO Southern Co 18.3 $72.66B
AEP American Electric Power Co Inc 18.66 $42.78B
FE Firstenergy Corp 19.11 $21.08B
D Dominion Energy Inc 20.28 $38.88B
DUK Duke Energy CORP 25.75 $70.27B
PPL PPL Corp 26.31 $19.39B

Frequently asked questions

What is Nextera Energy's PE ratio?

As of Feb 23, 2024, NEE stock has a price to earnings ratio of 15.73.

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 43.68.

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 40.21.

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 45% 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 (Feb 23, 2024), Nextera Energy's stock price is $56.78. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.61. Therefore, Nextera Energy's P/E ratio for today is 15.73. PE RATIO(15.73) = STOCK PRICE($56.78) / TTM EPS($3.61)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.