NEP Nextera Energy Partners PE ratio, current and historical analysis
The current PE ratio for Nextera Energy Partners stock as of Jan 31, 2025 is 4.79. This is calculated based on the TTM EPS of $2.2 and the stock price of $10.54 per share. The PE ratio marks a decrease of 57% from its last 4 quarters average of 11.2.
NEP PE ratio history
The average historical PE ratio of Nextera Energy Partners for the last ten years is 32.13. The current P/E ratio of 4.79 is 85% lower than the historical average. Looking back at the last ten years, NEP's PE ratio peaked in the Jun 2015 quarter at 99.05, when the price was $39.62 and the EPS was $0.4. The lowest point was in the Jun 2024 quarter, when it reached 8.64 with a price of $27.64 and an EPS of $3.2.
Nextera Energy Partners PE ratio by year
Maximum annual increase: 11.87% in 2023
Maximum annual decrease: -79.29% in 2016
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 13.95 | 11.87% | $30.41 | $2.18 |
| 2022 | 12.47 | -73.85% | $70.09 | $5.62 |
| 2021 | 47.68 | N/A | $84.4 | $1.77 |
| 2020 | N/A | N/A | $67.05 | -$0.81 |
| 2019 | N/A | N/A | $52.65 | -$1.51 |
| 2018 | 14.11 | N/A | $43.05 | $3.05 |
| 2017 | N/A | N/A | $43.11 | -$1.18 |
| 2016 | 13.44 | -79.29% | $25.54 | $1.9 |
| 2015 | 64.89 | -69.24% | $29.85 | $0.46 |
| 2014 | 210.94 | N/A | $33.75 | $0.16 |
| 2013 | N/A | N/A | N/A | N/A |
| 2012 | N/A | N/A | N/A | N/A |
Nextera Energy Partners PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 12.55 | 45.25% | $27.62 | $2.2 |
| Jun 2024 | 8.64 | -11.84% | $27.64 | $3.2 |
| Mar 2024 | 9.8 | -29.75% | $30.08 | $3.07 |
| Dec 2023 | 13.95 | -38.95% | $30.41 | $2.18 |
| Sep 2023 | 22.85 | -35.32% | $29.7 | $1.3 |
| Jun 2023 | 35.33 | 117.55% | $58.64 | $1.66 |
| Mar 2023 | 16.24 | 30.23% | $60.75 | $3.74 |
| Dec 2022 | 12.47 | -11.87% | $70.09 | $5.62 |
| Sep 2022 | 14.15 | -15.67% | $72.31 | $5.11 |
| Jun 2022 | 16.78 | -82.89% | $74.16 | $4.42 |
| Mar 2022 | 98.07 | 105.68% | $83.36 | $0.85 |
| Dec 2021 | 47.68 | 85.38% | $84.4 | $1.77 |
| Sep 2021 | 25.72 | 18.58% | $75.36 | $2.93 |
| Jun 2021 | 21.69 | 54.49% | $76.36 | $3.52 |
| Mar 2021 | 14.04 | N/A | $72.88 | $5.19 |
NEP average PE ratio chart
NEP's current PE ratio is lower than its 3, 5 and 10-year averages.
NEP PE vs peers
NEP's PE ratio stands lower than its peer stocks AEP and AEE. Nextera Energy Partners is currently trading at a lower PE ratio (4.79) than its peers average of 24.21.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NEP Nextera Energy Partners Lp | 4.79 | $985.85M |
| AEP American Electric Power Co Inc | 19.86 | $52.78B |
| AEE Ameren Corp | 22.76 | $25.88B |
| LNT Alliant Energy Corp | 23.15 | $15.33B |
| ORA Ormat Technologies Inc | 32.64 | $3.89B |
Frequently asked questions
What is Nextera Energy Partners's PE ratio?
The price to earnings ratio for NEP stock as of Jan 31, 2025, stands at 4.79.
What is the 3-year average PE ratio for Nextera Energy Partners (NEP)?
As an average over the last 3 years, NEP stock has a PE ratio of 23.71.
What is the 5-year average PE ratio for Nextera Energy Partners (NEP)?
As an average over the last 5 years, NEP stock has a PE ratio of 24.66.
What is the highest PE ratio for NEP?
Over the last ten years, the Jun 2015 quarter recorded the highest quarterly PE ratio at 99.05.
How does the current PE ratio for NEP compare to its historical average?
The current PE ratio of NEP is 85% lower than the 10-year historical average.
Why is Nextera Energy Partners's PE ratio so low?
NEP's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 4.79 is considered low.
How is NEP's PE ratio calculated (Nextera Energy Partners PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jan 31, 2025), Nextera Energy Partners's share price is $10.54. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.2. Therefore, Nextera Energy Partners's PE ratio for today is 4.79. PE RATIO(4.79) = STOCK PRICE($10.54) / TTM EPS($2.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.