NEP Nextera Energy Partners Lp

Price (delayed)

$82.88

Market cap

$6.35B

P/E Ratio

23.55

Dividend/share

$2.51

EPS

$3.52

Enterprise value

$10.21B

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 revenue has increased by 2.9% year-on-year
The equity is up by 22% YoY but it is down by 4% from the previous quarter
The debt has grown by 12% from the previous quarter but it has contracted by 5% YoY
The net income has declined by 33% since the previous quarter
NEP's EPS is down by 32% QoQ

Key stats

What are the main financial stats of NEP
Market
Shares outstanding
76.62M
Market cap
$6.35B
Enterprise value
$10.21B
Valuations
Price to earnings (P/E)
23.55
Price to book (P/B)
2.67
Price to sales (P/S)
6.61
EV/EBIT
N/A
EV/EBITDA
29.43
EV/Sales
10.74
Earnings
Revenue
$951M
EBIT
-$31M
EBITDA
$347M
Free cash flow
$437M
Per share
EPS
$3.52
Free cash flow per share
$5.76
Book value per share
$31.03
Revenue per share
$12.53
TBVPS
$142.77
Balance sheet
Total assets
$13.56B
Total liabilities
$5.11B
Debt
$3.97B
Equity
$2.36B
Working capital
$1.2B
Liquidity
Debt to equity
1.69
Current ratio
5.42
Quick ratio
5.27
Net debt/EBITDA
11.13
Margins
EBITDA margin
36.5%
Gross margin
56.5%
Net margin
26.2%
Operating margin
27.5%
Efficiency
Return on assets
1.9%
Return on equity
10.5%
Return on invested capital
-0.2%
Return on capital employed
-0.2%
Return on sales
-3.3%
Dividend
Dividend yield
3.03%
DPS
$2.51
Payout ratio
71.3%

NEP stock price

How has the Nextera Energy Partners stock price performed over time
Intraday
0.83%
1 week
5.73%
1 month
4.82%
1 year
28.5%
YTD
23.61%
QTD
9.98%

Financial performance

How have Nextera Energy Partners's revenue and profit performed over time
Revenue
$951M
Gross profit
$537M
Operating income
$262M
Net income
$249M
Gross margin
56.5%
Net margin
26.2%
The net margin has contracted by 33% from the previous quarter
The net income has declined by 33% since the previous quarter
The operating income is down by 7% since the previous quarter and by 2.6% year-on-year
NextEra Energy Partners's operating margin has decreased by 7% QoQ and by 5% YoY

Growth

What is Nextera Energy Partners's growth rate over time

Valuation

What is Nextera Energy Partners stock price valuation
P/E
23.55
P/B
2.67
P/S
6.61
EV/EBIT
N/A
EV/EBITDA
29.43
EV/Sales
10.74
NEP's EPS is down by 32% QoQ
The price to book (P/B) is 91% higher than the 5-year quarterly average of 1.4 and 27% higher than the last 4 quarters average of 2.1
The equity is up by 22% YoY but it is down by 4% from the previous quarter
The stock's P/S is 89% more than its 5-year quarterly average of 3.5 and 22% more than its last 4 quarters average of 5.4
The revenue has increased by 2.9% year-on-year

Efficiency

How efficient is Nextera Energy Partners business performance
NextEra Energy Partners's return on invested capital has shrunk by 103% YoY but it has surged by 88% QoQ
NEP's ROS has shrunk by 103% YoY but it has soared by 86% QoQ
The company's return on assets fell by 37% QoQ
The ROE has contracted by 36% from the previous quarter

Dividends

What is NEP's dividend history
DPS
$2.51
Dividend yield
3.03%
Payout ratio
71.3%
Recent dividends

Financial health

How did Nextera Energy Partners financials performed over time
The total assets is 166% greater than the total liabilities
NextEra Energy Partners's total liabilities has decreased by 15% YoY but it has increased by 15% QoQ
The total assets is up by 10% year-on-year and by 8% since the previous quarter
The debt is 69% more than the equity
The equity is up by 22% YoY but it is down by 4% from the previous quarter
The company's debt to equity fell by 22% YoY but it rose by 17% QoQ

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