NEP Nextera Energy Partners Lp

Price (delayed)

$30.08

Market cap

$2.81B

P/E Ratio

13.8

Dividend/share

$3.44

EPS

$2.18

Enterprise value

$8.83B

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 quick ratio has soared by 157% from the previous quarter and by 6% YoY
NEP's price to earnings (P/E) is 38% lower than its last 4 quarters average of 22.1
NEP's EPS has soared by 68% QoQ but it has shrunk by 61% YoY
The net income has soared by 64% since the previous quarter but it has dropped by 58% year-on-year

Key stats

What are the main financial stats of NEP
Market
Shares outstanding
93.43M
Market cap
$2.81B
Enterprise value
$8.83B
Valuations
Price to book (P/B)
0.79
Price to sales (P/S)
2.61
EV/EBIT
15.51
EV/EBITDA
7.33
EV/Sales
8.19
Earnings
Revenue
$1.08B
EBIT
$569M
EBITDA
$1.2B
Free cash flow
$525M
Per share
EPS
$2.18
Free cash flow per share
$5.62
Book value per share
$38.2
Revenue per share
$11.54
TBVPS
$210.75
Balance sheet
Total assets
$22.51B
Total liabilities
$8.45B
Debt
$6.29B
Equity
$3.57B
Working capital
$545M
Liquidity
Debt to equity
1.76
Current ratio
1.33
Quick ratio
1.21
Net debt/EBITDA
5
Margins
EBITDA margin
111.7%
Gross margin
45.7%
Net margin
18.6%
Operating margin
-2.6%
Efficiency
Return on assets
0.9%
Return on equity
5.7%
Return on invested capital
2.4%
Return on capital employed
2.7%
Return on sales
52.8%
Dividend
Dividend yield
11.45%
DPS
$3.44
Payout ratio
158%

NEP stock price

How has the Nextera Energy Partners stock price performed over time
Intraday
3.72%
1 week
7.81%
1 month
11.7%
1 year
-50.61%
YTD
-1.09%
QTD
-1.09%

Financial performance

How have Nextera Energy Partners's revenue and profit performed over time
Revenue
$1.08B
Gross profit
$493M
Operating income
-$28M
Net income
$200M
Gross margin
45.7%
Net margin
18.6%
The operating income has dropped by 164% year-on-year but it is up by 13% since the previous quarter
Nextera Energy Partners's operating margin has shrunk by 158% YoY but it has increased by 16% QoQ
The net income has soared by 64% since the previous quarter but it has dropped by 58% year-on-year
The net margin has plunged by 62% YoY but it has soared by 59% from the previous quarter

Growth

What is Nextera Energy Partners's growth rate over time

Valuation

What is Nextera Energy Partners stock price valuation
P/E
13.8
P/B
0.79
P/S
2.61
EV/EBIT
15.51
EV/EBITDA
7.33
EV/Sales
8.19
NEP's EPS has soared by 68% QoQ but it has shrunk by 61% YoY
NEP's price to earnings (P/E) is 38% lower than its last 4 quarters average of 22.1
The price to book (P/B) is 54% lower than the 5-year quarterly average of 1.7 and 34% lower than the last 4 quarters average of 1.2
The equity is up by 7% YoY
The stock's P/S is 50% less than its 5-year quarterly average of 5.2 and 35% less than its last 4 quarters average of 4.0
The revenue has increased by 11% year-on-year and by 3.5% since the previous quarter

Efficiency

How efficient is Nextera Energy Partners business performance
The company's return on assets has surged by 80% QoQ but it has shrunk by 63% YoY
Nextera Energy Partners's return on invested capital has surged by 71% QoQ
NEP's ROS has soared by 64% QoQ
The ROE has soared by 63% from the previous quarter but it has plunged by 61% YoY

Dividends

What is NEP's dividend history
DPS
$3.44
Dividend yield
11.45%
Payout ratio
158%
Recent dividends

Financial health

How did Nextera Energy Partners financials performed over time
The total assets is 166% greater than the total liabilities
NEP's quick ratio has soared by 157% from the previous quarter and by 6% YoY
Nextera Energy Partners's current ratio has soared by 118% from the previous quarter but it has decreased by 5% YoY
The debt is 76% more than the equity
The debt has grown by 19% YoY but it has contracted by 3% from the previous quarter
The company's debt to equity rose by 11% YoY but it fell by 3.8% QoQ

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