NEP Nextera Energy Partners Lp

  1. Stocks
  2. Utilities
  3. NYSE: NEP

Price (delayed)

$26.2

Market cap

$2.45B

P/E Ratio

8.19

Dividend/share

$3.49

EPS

$3.2

Enterprise value

$7.94B

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 net income has soared by 101% year-on-year and by 4.6% since the previous quarter
NEP's EPS has soared by 93% YoY and by 4.2% QoQ
NEP's quick ratio is down by 11% from the previous quarter but it is up by 7% YoY
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
93.54M
Market cap
$2.45B
Enterprise value
$7.94B
Valuations
Price to earnings (P/E)
8.19
Price to book (P/B)
0.69
Price to sales (P/S)
2.35
EV/EBIT
14.93
EV/EBITDA
6.76
EV/Sales
7.61
Earnings
Revenue
$1.04B
EBIT
$532M
EBITDA
$1.18B
Free cash flow
$529M
Per share
EPS
$3.2
Free cash flow per share
$5.66
Book value per share
$37.85
Revenue per share
$11.16
TBVPS
$202.79
Balance sheet
Total assets
$21.7B
Total liabilities
$7.84B
Debt
$5.77B
Equity
$3.54B
Working capital
$350M
Liquidity
Debt to equity
1.63
Current ratio
1.3
Quick ratio
1.09
Net debt/EBITDA
4.67
Margins
EBITDA margin
112.5%
Gross margin
45.8%
Net margin
28.4%
Operating margin
-4.8%
Efficiency
Return on assets
1.3%
Return on equity
8.4%
Return on invested capital
2.2%
Return on capital employed
2.6%
Return on sales
51%
Dividend
Dividend yield
13.34%
DPS
$3.49
Payout ratio
109.2%

NEP stock price

How has the Nextera Energy Partners stock price performed over time
Intraday
1.04%
1 week
-1.98%
1 month
-6.96%
1 year
-53.78%
YTD
-13.84%
QTD
-5.21%

Financial performance

How have Nextera Energy Partners's revenue and profit performed over time
Revenue
$1.04B
Gross profit
$478M
Operating income
-$50M
Net income
$297M
Gross margin
45.8%
Net margin
28.4%
The net income has soared by 101% year-on-year and by 4.6% since the previous quarter
Nextera Energy Partners's operating margin has surged by 69% YoY and by 48% QoQ
The net margin has soared by 66% YoY but it has contracted by 2.4% from the previous quarter
The gross profit has surged by 63% year-on-year and by 12% 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
8.19
P/B
0.69
P/S
2.35
EV/EBIT
14.93
EV/EBITDA
6.76
EV/Sales
7.61
NEP's EPS has soared by 93% YoY and by 4.2% QoQ
NEP's price to earnings (P/E) is 41% lower than its last 4 quarters average of 13.8
The price to book (P/B) is 59% lower than the 5-year quarterly average of 1.7 and 14% lower than the last 4 quarters average of 0.8
The stock's P/S is 55% less than its 5-year quarterly average of 5.1 and 14% less than its last 4 quarters average of 2.7
The revenue has increased by 21% year-on-year and by 7% since the previous quarter

Efficiency

How efficient is Nextera Energy Partners business performance
Nextera Energy Partners's return on invested capital has surged by 120% YoY and by 16% QoQ
NEP's ROS has soared by 97% YoY and by 6% QoQ
The ROE has soared by 95% YoY and by 5% from the previous quarter
The company's return on assets has surged by 86% YoY and by 8% QoQ

Dividends

What is NEP's dividend history
Dividend details
DPS
$3.49
Dividend yield
13.34%
Payout ratio
109.2%
Recent dividends

Financial health

How did Nextera Energy Partners financials performed over time
The total assets is 177% greater than the total liabilities
Nextera Energy Partners's total liabilities has decreased by 12% YoY and by 6% QoQ
NEP's quick ratio is down by 11% from the previous quarter but it is up by 7% YoY
The debt is 63% more than the equity
The debt has contracted by 11% YoY and by 8% from the previous quarter
The company's debt to equity fell by 10% YoY and by 8% QoQ

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