NEP Nextera Energy Partners Lp

Price (delayed)

$33.84

Market cap

$3.17B

P/E Ratio

11.02

Dividend/share

$3.49

EPS

$3.07

Enterprise value

$9.21B

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
NEP's price to earnings (P/E) is 46% lower than its last 4 quarters average of 20.5
NEP's gross margin is up by 21% YoY
The net income has increased by 42% since the previous quarter but it has declined by 11% year-on-year
NEP's EPS is up by 41% QoQ but it is down by 18% YoY
The debt has grown by 18% YoY

Key stats

What are the main financial stats of NEP
Market
Shares outstanding
93.54M
Market cap
$3.17B
Enterprise value
$9.21B
Valuations
Price to book (P/B)
0.89
Price to sales (P/S)
3.06
EV/EBIT
19.27
EV/EBITDA
8.24
EV/Sales
8.91
Earnings
Revenue
$1.03B
EBIT
$478M
EBITDA
$1.12B
Free cash flow
$536M
Per share
EPS
$3.07
Free cash flow per share
$5.74
Book value per share
$38.07
Revenue per share
$11.07
TBVPS
$209.33
Balance sheet
Total assets
$22.34B
Total liabilities
$8.36B
Debt
$6.29B
Equity
$3.56B
Working capital
$579M
Liquidity
Debt to equity
1.77
Current ratio
1.36
Quick ratio
1.22
Net debt/EBITDA
5.41
Margins
EBITDA margin
108.1%
Gross margin
45.7%
Net margin
27.5%
Operating margin
-5%
Efficiency
Return on assets
1.2%
Return on equity
8%
Return on invested capital
2%
Return on capital employed
2.3%
Return on sales
46.2%
Dividend
Dividend yield
10.33%
DPS
$3.49
Payout ratio
113.8%

NEP stock price

How has the Nextera Energy Partners stock price performed over time
Intraday
-0.47%
1 week
7.57%
1 month
23.59%
1 year
-43.17%
YTD
11.28%
QTD
12.5%

Financial performance

How have Nextera Energy Partners's revenue and profit performed over time
Revenue
$1.03B
Gross profit
$473M
Operating income
-$52M
Net income
$284M
Gross margin
45.7%
Net margin
27.5%
The operating income has dropped by 108% year-on-year and by 86% since the previous quarter
Nextera Energy Partners's operating margin has shrunk by 92% QoQ and by 85% YoY
The net margin has grown by 48% from the previous quarter but it has contracted by 19% YoY
The net income has increased by 42% since the previous quarter but it has declined by 11% 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
11.02
P/B
0.89
P/S
3.06
EV/EBIT
19.27
EV/EBITDA
8.24
EV/Sales
8.91
NEP's price to earnings (P/E) is 46% lower than its last 4 quarters average of 20.5
NEP's EPS is up by 41% QoQ but it is down by 18% YoY
The price to book (P/B) is 48% lower than the 5-year quarterly average of 1.7 and 11% lower than the last 4 quarters average of 1.0
The equity is up by 4.4% YoY
The stock's P/S is 41% less than its 5-year quarterly average of 5.2 and 13% less than its last 4 quarters average of 3.5
The revenue has increased by 11% year-on-year but it has declined by 4.1% since the previous quarter

Efficiency

How efficient is Nextera Energy Partners business performance
The ROE has grown by 40% from the previous quarter but it has contracted by 16% YoY
The company's return on assets rose by 33% QoQ but it fell by 20% YoY
Nextera Energy Partners's return on invested capital has decreased by 17% QoQ
NEP's ROS is down by 13% QoQ

Dividends

What is NEP's dividend history
DPS
$3.49
Dividend yield
10.33%
Payout ratio
113.8%
Recent dividends

Financial health

How did Nextera Energy Partners financials performed over time
The total assets is 167% greater than the total liabilities
Nextera Energy Partners's total liabilities has increased by 3.6% YoY
NEP's quick ratio is up by 2.5% YoY
The debt is 77% more than the equity
The debt has grown by 18% YoY
The company's debt to equity rose by 13% YoY

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