NEP Nextera Energy Partners Lp

Price (delayed)

$82.85

Market cap

$6.95B

P/E Ratio

18.74

Dividend/share

$2.89

EPS

$4.42

Enterprise value

$11.99B

NextEra Energy Partners, LP is a growth-oriented limited partnership formed by NextEra Energy, Inc. NextEra Energy Partners acquires, manages and owns contracted clean energy projects with stable, long-term cash flows. ...

Highlights
NEP's price to earnings (P/E) is 60% lower than its last 4 quarters average of 47.1
The net income has increased by 49% year-on-year
The debt has grown by 33% YoY but it has contracted by 2.2% from the previous quarter
NEP's quick ratio has plunged by 77% YoY and by 6% from the previous quarter
NEP's gross margin is down by 9% YoY

Key stats

What are the main financial stats of NEP
Market
Shares outstanding
83.91M
Market cap
$6.95B
Enterprise value
$11.99B
Valuations
Price to earnings (P/E)
18.74
Price to book (P/B)
2.16
Price to sales (P/S)
6.17
EV/EBIT
N/A
EV/EBITDA
27.75
EV/Sales
10.65
Earnings
Revenue
$1.13B
EBIT
-$71M
EBITDA
$432M
Free cash flow
$729M
Per share
EPS
$4.42
Free cash flow per share
$8.69
Book value per share
$38.38
Revenue per share
$13.42
TBVPS
$179.79
Balance sheet
Total assets
$18.61B
Total liabilities
$6.54B
Debt
$5.29B
Equity
$3.22B
Working capital
$365M
Liquidity
Debt to equity
1.64
Current ratio
1.34
Quick ratio
1.21
Net debt/EBITDA
11.66
Margins
EBITDA margin
38.4%
Gross margin
52%
Net margin
33%
Operating margin
20.1%
Efficiency
Return on assets
2.1%
Return on equity
12.8%
Return on invested capital
-0.4%
Return on capital employed
-0.4%
Return on sales
-6.3%
Dividend
Dividend yield
3.49%
DPS
$2.89
Payout ratio
65.4%

NEP stock price

How has the Nextera Energy Partners stock price performed over time
Intraday
1.44%
1 week
2.18%
1 month
9.43%
1 year
4.12%
YTD
-1.84%
QTD
11.72%

Financial performance

How have Nextera Energy Partners's revenue and profit performed over time
Revenue
$1.13B
Gross profit
$586M
Operating income
$226M
Net income
$372M
Gross margin
52%
Net margin
33%
The net income has increased by 49% year-on-year
Nextera Energy Partners's operating margin has decreased by 28% YoY but it has increased by 4.7% QoQ
The net margin has grown by 26% YoY
The revenue has increased by 18% year-on-year and by 11% since the previous quarter

Growth

What is Nextera Energy Partners's growth rate over time

Valuation

What is Nextera Energy Partners stock price valuation
P/E
18.74
P/B
2.16
P/S
6.17
EV/EBIT
N/A
EV/EBITDA
27.75
EV/Sales
10.65
NEP's price to earnings (P/E) is 60% lower than its last 4 quarters average of 47.1
NEP's EPS is up by 26% YoY
The equity is up by 37% YoY and by 5% from the previous quarter
The price to book (P/B) is 35% higher than the 5-year quarterly average of 1.6
The stock's P/S is 43% more than its 5-year quarterly average of 4.3
The revenue has increased by 18% year-on-year and by 11% since the previous quarter

Efficiency

How efficient is Nextera Energy Partners business performance
Nextera Energy Partners's return on invested capital has shrunk by 124% QoQ and by 100% YoY
NEP's ROS has shrunk by 123% QoQ and by 91% YoY
The ROE has grown by 22% YoY
The company's return on assets rose by 11% YoY

Dividends

What is NEP's dividend history
DPS
$2.89
Dividend yield
3.49%
Payout ratio
65.4%
Recent dividends

Financial health

How did Nextera Energy Partners financials performed over time
The total assets is 185% greater than the total liabilities
NEP's quick ratio has plunged by 77% YoY and by 6% from the previous quarter
Nextera Energy Partners's current ratio has plunged by 75% YoY and by 16% from the previous quarter
The debt is 64% more than the equity
The equity is up by 37% YoY and by 5% from the previous quarter
The debt has grown by 33% YoY but it has contracted by 2.2% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.