financial statements

The full income statement, balance sheet, and cash-flow statement for NextEra Energy Inc. (NEE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	25.8B YoY+9.8%	23.5B YoY-5.2%	24.8B YoY+7.8%	23.0B YoY+22.3%	18.8B YoY+10.6%
	19.4B YoY+10.0%	17.6B YoY-3.6%	18.3B YoY+5.1%	17.4B YoY+22.2%	14.2B YoY+7.5%
Amortization of intangibles	65.0M YoY+4.8%	62.0M YoY+6.9%	58.0M YoY+222.2%	18.0M YoY-28.0%	25.0M YoY-7.4%
Provision for credit losses	—	-52.0M YoY+32.5%	-77.0M YoY+31.9%	-113M YoY-177.4%	146M YoY+55.3%
Operating income	8.28B YoY+10.7%	7.48B YoY-26.9%	10.2B YoY+150.8%	4.08B YoY+40.1%	2.91B YoY-43.1%
Other non-operating income	272M YoY-19.0%	336M YoY+0.9%	333M YoY+66.5%	200M YoY+53.8%	130M YoY+41.3%
Equity-method income	-184M YoY+25.2%	-246M YoY+62.0%	-648M YoY-419.2%	203M YoY-69.5%	666M YoY+149.3%
Pre-tax income	4.53B YoY-25.0%	6.04B YoY-17.2%	7.29B YoY+90.2%	3.83B YoY+20.7%	3.17B YoY+31.6%
Income tax	-802M YoY-336.6%	339M YoY-66.3%	1.01B YoY+71.7%	586M YoY+68.4%	348M YoY+690.9%
	6.83B YoY-1.6%	6.95B YoY-5.0%	7.31B YoY+76.3%	4.15B YoY+16.1%	3.57B YoY+22.4%
Net income to non-controlling interest	—	—	-1.03B YoY-14.1%	-901M YoY-20.8%	-746M YoY-35.6%
	$3.30 YoY-2.1%	$3.37 YoY-6.4%	$3.60 YoY+71.4%	$2.10 YoY+16.0%	$1.81 YoY+22.3%
EPS (basic)	$3.31 YoY-2.1%	$3.38 YoY-6.4%	$3.61 YoY+71.9%	$2.10 YoY+15.4%	$1.82 YoY+22.1%
Weighted-avg shares (basic)	2.06B YoY+0.6%	2.05B YoY+1.3%	2.03B YoY+2.7%	1.97B YoY+0.5%	1.96B YoY+0.2%
Weighted-avg shares (diluted)	2.07B YoY+0.6%	2.06B YoY+1.4%	2.03B YoY+2.6%	1.98B YoY+0.3%	1.97B YoY+0.2%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	13.6B YoY+13.7%	12.0B YoY-22.2%	15.4B YoY+13.9%	13.5B YoY+45.2%	9.29B YoY+25.8%
Cash & equivalents	2.81B YoY+89.1%	1.49B YoY-44.7%	2.69B YoY+68.0%	1.60B YoY+150.5%	639M YoY-42.2%
Accounts receivable	4.02B YoY+20.4%	3.34B YoY-7.6%	3.61B YoY-17.0%	4.35B YoY+28.7%	3.38B YoY+49.3%
Inventory	2.42B YoY+9.3%	2.21B YoY+5.1%	2.11B YoY+8.9%	1.93B YoY+23.9%	1.56B YoY+0.6%
Other current assets	1.17B YoY-18.6%	1.44B YoY+7.7%	1.33B YoY+69.2%	789M YoY-32.3%	1.17B YoY+45.0%
	213B YoY+11.9%	190B YoY+7.1%	177B YoY+11.7%	159B YoY+12.8%	141B YoY+10.4%
Property, plant & equipment	156B YoY+12.5%	139B YoY+10.4%	126B YoY+13.3%	111B YoY+11.8%	99.3B YoY+8.2%
Operating lease right-of-use	442M YoY+18.8%	372M YoY-6.1%	396M YoY+2.6%	386M YoY-29.4%	547M YoY+2.2%
Goodwill	4.85B YoY-0.3%	4.87B YoY-4.4%	5.09B YoY+4.9%	4.85B YoY+0.2%	4.84B YoY+13.9%
Intangible assets	1.63B YoY+3.3%	1.58B YoY+1.4%	1.56B YoY+149.8%	623M YoY+2.8%	606M YoY+8.6%
Deferred tax assets	210M YoY+0.0%	210M YoY+0.0%	210M YoY+0.0%	210M YoY+0.0%	210M YoY+0.0%
Other non-current assets	11.1B YoY+17.4%	9.46B YoY+22.8%	7.70B YoY+35.3%	5.70B YoY+29.6%	4.39B YoY+19.7%
Total non-current assets	199B YoY+11.8%	178B YoY+9.9%	162B YoY+11.5%	145B YoY+10.5%	132B YoY+9.4%
	22.8B YoY-10.0%	25.4B YoY-9.3%	28.0B YoY+4.7%	26.7B YoY+53.1%	17.4B YoY+12.1%
Deferred revenue	709M YoY+2.2%	694M YoY+8.8%	638M YoY+13.9%	560M YoY+15.5%	485M YoY+2.3%
Short-term & current debt	3.50B YoY-56.6%	8.06B YoY+16.8%	6.90B YoY+4.0%	6.63B YoY+271.6%	1.78B YoY-56.9%
Other current liabilities	2.84B YoY-5.8%	3.02B YoY+0.6%	3.00B YoY-5.8%	3.18B YoY+18.1%	2.69B YoY+19.5%
	146B YoY+13.1%	129B YoY+9.1%	118B YoY+8.2%	109B YoY+15.0%	95.2B YoY+15.1%
Long-term debt	89.6B YoY+23.7%	72.4B YoY+17.9%	61.4B YoY+11.1%	55.3B YoY+8.4%	51.0B YoY+21.5%
Deferred tax liabilities	12.4B YoY+5.2%	11.7B YoY+15.8%	10.1B YoY+11.8%	9.07B YoY+9.2%	8.31B YoY+3.6%
Other non-current liabilities	4.22B YoY+21.2%	3.48B YoY+26.0%	2.76B YoY+2.4%	2.70B YoY+9.2%	2.47B YoY+10.1%
Total non-current liabilities	123B YoY+18.8%	104B YoY+14.8%	90.5B YoY+9.3%	82.8B YoY+6.4%	77.8B YoY+15.8%
	54.6B YoY+9.0%	50.1B YoY+5.5%	47.5B YoY+21.0%	39.2B YoY+5.4%	37.2B YoY+1.9%
Common stock	21.0M YoY+0.0%	21.0M YoY+0.0%	21.0M YoY+5.0%	20.0M YoY+0.0%	20.0M YoY+0.0%
Additional paid-in capital	19.5B YoY+12.9%	17.3B YoY-0.6%	17.4B YoY+36.5%	12.7B YoY+12.9%	11.3B YoY+0.4%
Retained earnings	35.1B YoY+6.5%	32.9B YoY+9.0%	30.2B YoY+13.2%	26.7B YoY+3.1%	25.9B YoY+2.2%
Accumulated other comprehensive income	-9.00M YoY+92.9%	-126M YoY+17.6%	-153M YoY+29.8%	-218M	0.00 YoY+100.0%
Non-controlling interest	11.9B YoY+14.6%	10.4B YoY+0.6%	10.3B YoY+13.2%	9.10B YoY+10.6%	8.22B YoY-2.3%
Total equity incl. non-controlling	66.5B YoY+10.0%	60.5B YoY+4.7%	57.8B YoY+19.5%	48.3B YoY+6.4%	45.4B YoY+1.1%
Total liabilities & equity	213B YoY+11.9%	190B YoY+7.1%	177B YoY+11.7%	159B YoY+12.8%	141B YoY+10.4%
Common shares issued	2.08B YoY+1.3%	2.06B	—	—	—
Common shares outstanding	2.08B YoY+1.3%	2.06B YoY+0.2%	2.05B YoY+3.3%	1.99B YoY+1.2%	1.96B YoY+0.2%
Shares outstanding (cover)	2.08B YoY+1.3%	2.06B YoY+0.2%	2.05B YoY+3.2%	1.99B YoY+1.3%	1.96B YoY+300.6%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	12.5B YoY-5.8%	13.3B YoY+17.3%	11.3B YoY+36.8%	8.26B YoY+9.4%	7.55B YoY-5.4%
Depreciation & amortization	6.58B YoY+20.5%	5.46B YoY-7.1%	5.88B YoY+30.6%	4.50B YoY+14.8%	3.92B YoY-3.2%
Deferred income taxes	453M YoY-65.4%	1.31B YoY+84.7%	708M YoY+32.6%	534M YoY+22.5%	436M YoY+659.0%
Other operating activities	288M YoY+113.3%	135M YoY+297.1%	34.0M YoY-60.0%	85.0M YoY+244.1%	-59.0M YoY-116.8%
	-23.9B YoY-7.2%	-22.3B YoY+5.1%	-23.5B YoY-27.8%	-18.4B YoY-35.1%	-13.6B YoY+0.8%
Other investing activities	-118M YoY-837.5%	16.0M YoY-85.5%	110M YoY+223.6%	-89.0M YoY-122.5%	-40.0M YoY+51.8%
	13.0B YoY+85.4%	7.00B YoY-42.4%	12.1B YoY-0.7%	12.2B YoY+110.6%	5.81B YoY-5.9%
Long-term debt issued	23.4B YoY-5.6%	24.8B YoY+78.7%	13.9B YoY+0.0%	13.9B YoY-16.9%	16.7B YoY+34.5%
Long-term debt repaid	10.3B YoY+2.3%	10.1B YoY+26.8%	7.98B YoY+76.3%	4.53B YoY-52.8%	9.59B YoY+57.2%
Common stock issued	2.04B YoY+4145.8%	48.0M YoY-98.9%	4.51B YoY+198.2%	1.51B YoY+10714.3%	14.0M
Dividends paid	4.68B YoY+10.5%	4.24B YoY+12.0%	3.78B YoY+12.8%	3.35B YoY+10.8%	3.02B YoY+10.2%
Other financing activities	-731M YoY-22.4%	-597M YoY+8.6%	-653M YoY-48.4%	-440M YoY+40.3%	-737M YoY-81.5%
FX effect on cash	5.00M YoY+135.7%	-14.0M YoY-250.0%	-4.00M YoY+42.9%	-7.00M YoY-800.0%	1.00M YoY+105.0%
Net change in cash	1.60B YoY+179.5%	-2.02B YoY-9509.5%	-21.0M YoY-101.0%	2.13B YoY+1023.9%	-230M YoY-152.5%
Interest paid	3.50B YoY+27.9%	2.74B YoY+11.1%	2.46B YoY+79.1%	1.38B YoY+3.9%	1.32B YoY-7.6%
Income taxes paid	-1.27B YoY-67.8%	-760M YoY-336.8%	321M YoY+1103.1%	-32.0M YoY+53.6%	-69.0M YoY-129.4%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	167B YoY+13.4%	147B YoY+18.3%	125B YoY-25.0%	166B YoY-9.3%	183B YoY+384.8%
P/E	24.5× YoY+15.3%	21.2× YoY+29.8%	16.4× YoY-62.3%	43.4× YoY-15.4%	51.3× YoY+296.1%
P/S	6.5× YoY+3.3%	6.3× YoY+25.3%	5.0× YoY-33.7%	7.6× YoY-22.5%	9.7× YoY+338.4%
P/B	3.1× YoY+4.0%	2.9× YoY+11.2%	2.6× YoY-38.5%	4.3× YoY-12.7%	4.9× YoY+375.8%
P/FCF	13.4× YoY+20.4%	11.1× YoY-16.0%	13.2× YoY-31.6%	19.4× YoY-20.2%	24.3× YoY+412.4%
Earnings yield	4.1% YoY-13.2%	4.7% YoY-23.0%	6.1% YoY+165.4%	2.3% YoY+18.2%	2.0% YoY-74.8%
FCF yield	7.5% YoY-17.0%	9.0% YoY+19.0%	7.6% YoY+46.3%	5.2% YoY+25.3%	4.1% YoY-80.5%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: NEE's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NEE filings on SEC EDGAR → Not investment advice.

NEE▼ financial statements

About this data

financial statements