As of May 3, 2024, the Nextera Energy stock's PE ratio is 19.06. This results from the current EPS of $3.68 and stock price of $70.14. The P/E ratio has an increase of 13% from the past four quarters average of 16.9.
The PE ratio of Nextera Energy has averaged 28.34 over the last ten years. The current PE ratio of 19.06 is 33% 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 SO and DUK, but it is greater than AEP's and PCG's. Nextera Energy's current PE ratio of 19.06 is below the average of its peers, which is 19.85.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ETR Entergy Corp | 10.79 | $23.08B |
| PCG PG&E Corp | 15.41 | $45.94B |
| EXC Exelon Corp | 16.13 | $37.41B |
| XEL Xcel Energy Inc | 16.29 | $30.14B |
| AEP American Electric Power Co Inc | 16.44 | $46.7B |
| NEE Nextera Energy Inc | 19.06 | $144.1B |
| SO Southern Co | 19.55 | $82.94B |
| FE Firstenergy Corp | 21.21 | $22.58B |
| D Dominion Energy Inc | 27.05 | $43.08B |
| PPL PPL Corp | 27.27 | $20.72B |
| DUK Duke Energy CORP | 28.32 | $77.28B |
As of May 3, 2024, NEE stock has a price to earnings ratio of 19.06.
Over the last 3 years, the average price to earnings ratio for NEE stock is 42.17.
Over the last 5 years, the average price to earnings ratio for NEE stock is 39.49.
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 33% 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 (May 3, 2024), Nextera Energy's stock price is $70.14. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.68. Therefore, Nextera Energy's P/E ratio for today is 19.06. PE RATIO(19.06) = STOCK PRICE($70.14) / TTM EPS($3.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.