Back to NEE overview

NEE Nextera Energy PE ratio, current and historical analysis

As of Jul 23, 2024, the Nextera Energy stock's PE ratio is 19.6. This results from the current EPS of $3.68 and stock price of $72.11. The P/E ratio has an increase of 16% from the past four quarters average of 16.9.

NEE PE ratio history

How has NEE's PE ratio performed in the past

The PE ratio of Nextera Energy has averaged 28.49 over the last ten years. The current PE ratio of 19.6 is 31% 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
28.49
Median
21.34
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
41.87
5-year avg
40.03
10-year avg
28.49
15-year avg
23.83

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 AEP's and PCG's. Nextera Energy's current PE ratio of 19.6 is below the average of its peers, which is 20.04.

Stock name PE ratio Market cap
ETR Entergy Corp 11.01 $23.56B
EXC Exelon Corp 15.46 $35.87B
PCG PG&E Corp 15.93 $47.49B
XEL Xcel Energy Inc 16.56 $30.64B
AEP American Electric Power Co Inc 17.37 $49.36B
NEE Nextera Energy Inc 19.6 $148.15B
SO Southern Co 20.97 $88.95B
FE Firstenergy Corp 21.56 $22.95B
D Dominion Energy Inc 26.69 $42.51B
DUK Duke Energy CORP 26.91 $82.67B
PPL PPL Corp 27.93 $21.22B

Frequently asked questions

What is Nextera Energy's PE ratio?

As of Jul 23, 2024, NEE stock has a price to earnings ratio of 19.6.

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 41.87.

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 40.03.

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 31% 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 23, 2024), Nextera Energy's stock price is $72.11. 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 19.6. PE RATIO(19.6) = STOCK PRICE($72.11) / TTM EPS($3.68)

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