NEP Nextera Energy Partners Lp

  1. Stocks
  2. Utilities
  3. NYSE: NEP

Price (delayed)

$26.56

Market cap

$2.48B

P/E Ratio

20.43

Dividend/share

$3.38

EPS

$1.3

Enterprise value

$8.63B

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
The gross profit has increased by 12% since the previous quarter and by 8% year-on-year
The revenue has increased by 9% year-on-year and by 5% since the previous quarter
NEP's EPS has shrunk by 75% YoY and by 22% QoQ
The net income has dropped by 72% year-on-year and by 18% since the previous quarter
Sector: Utilities
Industry: Utilities - Renewable
Website: http://www.nexteraenergypartners.com
Peers: ORA AEE LNT AEP

Key stats

What are the main financial stats of NEP
Market
Shares outstanding
93.43M
Market cap
$2.48B
Enterprise value
$8.63B
Valuations
Price to earnings (P/E)
20.43
Price to book (P/B)
0.7
Price to sales (P/S)
1.93
EV/EBIT
25.46
EV/EBITDA
8.98
EV/Sales
6.72
Earnings
Revenue
$1.28B
EBIT
$339M
EBITDA
$961M
Free cash flow
$430M
Per share
EPS
$1.3
Free cash flow per share
$4.6
Book value per share
$37.81
Revenue per share
$13.74
TBVPS
$211.46
Balance sheet
Total assets
$23.21B
Total liabilities
$8.8B
Debt
$6.48B
Equity
$3.53B
Working capital
-$718M
Liquidity
Debt to equity
1.83
Current ratio
0.61
Quick ratio
0.47
Net debt/EBITDA
6.4
Margins
EBITDA margin
74.8%
Gross margin
50.4%
Net margin
9.5%
Operating margin
9.4%
Efficiency
Return on assets
0.5%
Return on equity
3.5%
Return on invested capital
1.4%
Return on capital employed
1.6%
Return on sales
26.4%
Dividend
Dividend yield
12.71%
DPS
$3.38
Payout ratio
259.8%

NEP stock price

How has the Nextera Energy Partners stock price performed over time
Intraday
6.28%
1 week
13.65%
1 month
1.18%
1 year
-66.02%
YTD
-62.11%
QTD
-10.57%

Financial performance

How have Nextera Energy Partners's revenue and profit performed over time
Revenue
$1.28B
Gross profit
$647M
Operating income
$121M
Net income
$122M
Gross margin
50.4%
Net margin
9.5%
The net margin has plunged by 74% YoY and by 21% from the previous quarter
The net income has dropped by 72% year-on-year and by 18% since the previous quarter
Nextera Energy Partners's operating margin has shrunk by 53% YoY but it has increased by 18% QoQ
The operating income is down by 49% year-on-year but it is up by 25% since the previous quarter

Growth

What is Nextera Energy Partners's growth rate over time

Valuation

What is Nextera Energy Partners stock price valuation
NEP P/E details
P/E
20.43
P/B
0.7
P/S
1.93
EV/EBIT
25.46
EV/EBITDA
8.98
EV/Sales
6.72
NEP's EPS has shrunk by 75% YoY and by 22% QoQ
NEP's price to earnings (P/E) is 6% lower than its last 4 quarters average of 21.7
The price to book (P/B) is 59% lower than the 5-year quarterly average of 1.7 and 50% lower than the last 4 quarters average of 1.4
The equity is up by 3.5% YoY
The stock's P/S is 58% less than its 5-year quarterly average of 4.6 and 51% less than its last 4 quarters average of 3.9
The revenue has increased by 9% year-on-year and by 5% since the previous quarter

Efficiency

How efficient is Nextera Energy Partners business performance
The company's return on assets has shrunk by 78% YoY and by 29% QoQ
The ROE has plunged by 74% YoY and by 19% from the previous quarter
NEP's ROS is up by 33% QoQ
Nextera Energy Partners's return on invested capital has increased by 27% QoQ

Dividends

What is NEP's dividend history
Dividend details
DPS
$3.38
Dividend yield
12.71%
Payout ratio
259.8%
Recent dividends

Financial health

How did Nextera Energy Partners financials performed over time
The total assets is 164% greater than the total liabilities
Nextera Energy Partners's current ratio has plunged by 68% YoY and by 50% from the previous quarter
NEP's quick ratio has plunged by 68% YoY and by 54% from the previous quarter
The debt is 83% more than the equity
The debt has grown by 35% YoY
The company's debt to equity rose by 30% YoY

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