NEP Nextera Energy Partners Lp

  1. Stocks
  2. Utilities
  3. NYSE: NEP

Price (delayed)

$61.15

Market cap

$5.29B

P/E Ratio

10.88

Dividend/share

$3.1

EPS

$5.62

Enterprise value

$10.34B

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 69% lower than its last 4 quarters average of 35.4
The revenue has increased by 23% year-on-year and by 3% since the previous quarter
NEP's quick ratio is down by 21% from the previous quarter but it is up by 8% YoY
The equity is up by 12% YoY but it is down by 2.5% from the previous quarter
The debt has grown by 10% from the previous quarter
NEP's gross margin is down by 9% YoY and by 4.3% from the previous quarter
Sector: Utilities
Industry: Utilities - Renewable
Website: http://www.nexteraenergypartners.com
Peers: ORA AEP HE

Key stats

What are the main financial stats of NEP
Market
Shares outstanding
86.54M
Market cap
$5.29B
Enterprise value
$10.34B
Valuations
Price to earnings (P/E)
10.88
Price to book (P/B)
1.59
Price to sales (P/S)
4.37
EV/EBIT
N/A
EV/EBITDA
28.11
EV/Sales
8.54
Earnings
Revenue
$1.21B
EBIT
-$205M
EBITDA
$368M
Free cash flow
$586M
Per share
EPS
$5.62
Free cash flow per share
$6.77
Book value per share
$38.42
Revenue per share
$13.99
TBVPS
$226.79
Balance sheet
Total assets
$23.05B
Total liabilities
$8.28B
Debt
$5.29B
Equity
$3.33B
Working capital
$536M
Liquidity
Debt to equity
1.59
Current ratio
1.4
Quick ratio
1.16
Net debt/EBITDA
13.73
Margins
EBITDA margin
30.4%
Gross margin
48.8%
Net margin
39.4%
Operating margin
16.3%
Efficiency
Return on assets
2.4%
Return on equity
14.7%
Return on invested capital
-1%
Return on capital employed
-0.9%
Return on sales
-16.9%
Dividend
Dividend yield
5.06%
DPS
$3.1
Payout ratio
55.1%

NEP stock price

How has the Nextera Energy Partners stock price performed over time
Intraday
0.16%
1 week
-2.19%
1 month
-7.57%
1 year
-24.82%
YTD
-12.76%
QTD
-12.76%

Financial performance

How have Nextera Energy Partners's revenue and profit performed over time
Revenue
$1.21B
Gross profit
$591M
Operating income
$197M
Net income
$477M
Gross margin
48.8%
Net margin
39.4%
The net margin has soared by 181% YoY and by 7% from the previous quarter
Nextera Energy Partners's operating margin has decreased by 32% YoY and by 19% QoQ
The revenue has increased by 23% year-on-year and by 3% since the previous quarter
The operating income is down by 17% since the previous quarter and by 16% year-on-year

Growth

What is Nextera Energy Partners's growth rate over time

Valuation

What is Nextera Energy Partners stock price valuation
P/E
10.88
P/B
1.59
P/S
4.37
EV/EBIT
N/A
EV/EBITDA
28.11
EV/Sales
8.54
NEP's price to earnings (P/E) is 69% lower than its last 4 quarters average of 35.4
NEP's EPS is up by 10% QoQ
The price to book (P/B) is 21% lower than the last 4 quarters average of 2.0 and 6% lower than the 5-year quarterly average of 1.7
The equity is up by 12% YoY but it is down by 2.5% from the previous quarter
The revenue has increased by 23% year-on-year and by 3% since the previous quarter
The stock's P/S is 22% less than its last 4 quarters average of 5.6 and 2.9% less than its 5-year quarterly average of 4.5

Efficiency

How efficient is Nextera Energy Partners business performance
The ROE has soared by 172% YoY and by 7% from the previous quarter
The company's return on assets has surged by 167% YoY and by 4.3% QoQ
NEP's ROS is down by 32% QoQ
Nextera Energy Partners's return on invested capital has decreased by 25% QoQ

Dividends

What is NEP's dividend history
Dividend details
DPS
$3.1
Dividend yield
5.06%
Payout ratio
55.1%
Recent dividends

Financial health

How did Nextera Energy Partners financials performed over time
The total assets is 178% greater than the total liabilities
Nextera Energy Partners's total liabilities has increased by 41% QoQ and by 6% YoY
Nextera Energy Partners's current ratio has decreased by 27% from the previous quarter but it has increased by 25% YoY
The debt is 59% more than the equity
The company's debt to equity rose by 13% QoQ but it fell by 11% YoY
The equity is up by 12% YoY but it is down by 2.5% from the previous quarter

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