NextEra Energy Inc. is an American clean energy company that combines regulated utility operations through Florida Power & Light with extensive renewable energy projects. Headquartered in Juno Beach, Florida, it serves millions of customers and leads in the development of wind, solar, and battery storage technologies. Under CEO James L. Robo, the company leverages operational efficiency and strategic investments to maintain its position as the world’s largest renewable energy generator. Its forward-thinking investments and growth initiatives underscore its commitment to expanding its clean energy portfolio amid evolving industry challenges.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total Revenues
27,412,000
24,753,000
28,114,000
20,956,000
Fuel and Purchased Power Expense
4,944,000
5,029,000
5,457,000
6,389,000
Operations and Maintenance Expenses
5,399,000
4,857,000
4,681,000
4,428,000
Gross Profit
17,069,000
14,867,000
17,976,000
10,139,000
Depreciation & Amortization Expenses
6,580,000
5,462,000
5,879,000
4,503,000
Taxes Other than Income Tax
2,469,000
2,278,000
2,265,000
2,077,000
Net Gains on Disposal of Operating Assets
260,000
352,000
405,000
522,000
Operating Profit
8,280,000
7,479,000
10,237,000
4,081,000
Interest and Investment Income
(3,000)
(48,000)
(487,000)
315,000
Interest Expense
(4,572,000)
(2,235,000)
(3,324,000)
(585,000)
Non-Operating Income
825,000
841,000
862,000
943,000
Total Non-Operating Income
(3,750,000)
(1,442,000)
(2,949,000)
(249,000)
Income Before Provision for Income Taxes
4,530,000
6,037,000
7,288,000
3,832,000
Provision for Income Taxes
(802,000)
339,000
1,006,000
586,000
Consolidated Net Income
5,332,000
5,698,000
6,282,000
3,246,000
Net Income Attributable to Minority Interests and Other
(1,503,000)
(1,248,000)
(1,028,000)
(901,000)
Net Income Attributable to Common Shareholders
6,835,000
6,946,000
7,310,000
4,147,000
Basic EPS
3.31
3.38
3.61
2.10
Diluted EPS
3.30
3.37
3.60
2.10
Basic Weighted Average Shares Outstanding
2,064,500
2,052,900
2,026,100
1,972,600
Diluted Weighted Average Shares Outstanding
2,070,600
2,059,200
2,030,800
1,978,600
Shares Outstanding
2,083,000
2,057,000
2,052,000
1,987,000
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
2,812,000
1,487,000
2,690,000
1,601,000
Total Cash and Cash Equivalents
2,812,000
1,487,000
2,690,000
1,601,000
Accounts Receivable
4,018,000
3,336,000
3,609,000
4,349,000
Other Receivables
1,733,000
1,180,000
944,000
744,000
Total Trade Receivables
5,751,000
4,516,000
4,553,000
5,093,000
Inventories
2,420,000
2,214,000
2,106,000
1,934,000
Short-Term Regulatory Assets
433,000
1,417,000
1,460,000
2,165,000
Other Current Assets
2,168,000
2,317,000
4,552,000
2,697,000
Total Current Assets
13,584,000
11,951,000
15,361,000
13,490,000
Net Property, Plant & Equipment
156,197,000
138,852,000
125,776,000
111,059,000
Special Use Funds
10,954,000
9,800,000
8,698,000
7,496,000
Goodwill
4,849,000
4,866,000
5,091,000
4,854,000
Long-Term Investments
5,528,000
6,118,000
6,156,000
6,582,000
Long-Term Regulatory Assets
5,639,000
4,828,000
4,801,000
5,992,000
Other Long-Term Assets
15,970,000
13,729,000
11,606,000
9,462,000
Total Assets
212,721,000
190,144,000
177,489,000
158,935,000
Accounts Payable
7,583,000
6,982,000
8,504,000
8,312,000
Accrued Expenses
4,151,000
3,362,000
2,831,000
2,479,000
Short-Term Debt
2,563,000
1,887,000
4,905,000
3,077,000
Current Portion of Long-Term Debt
3,500,000
8,061,000
6,901,000
6,633,000
Unearned Revenue
709,000
694,000
638,000
560,000
Short-Term Regulatory Liabilities
356,000
279,000
340,000
350,000
Other Current Liabilities
3,955,000
4,090,000
3,844,000
5,284,000
Total Current Liabilities
22,817,000
25,355,000
27,963,000
26,695,000
Long-Term Debt
89,556,000
72,385,000
61,405,000
55,256,000
Long-Term Regulatory Liabilities
11,474,000
10,635,000
10,049,000
9,626,000
Other Long-Term Liabilities
22,395,000
20,908,000
19,048,000
17,922,000
Total Long-Term Liabilities
123,425,000
103,928,000
90,502,000
82,804,000
Total Liabilities
146,242,000
129,283,000
118,465,000
109,499,000
Common Stock
21,000
21,000
21,000
20,000
Additional Paid-in Capital
19,494,000
17,260,000
17,365,000
12,720,000
Accumulated Other Comprehensive Income
(9,000)
(126,000)
(153,000)
(218,000)
Retained Earnings
35,102,000
32,946,000
30,235,000
26,707,000
Total Common Shareholders' Equity
54,608,000
50,101,000
47,468,000
39,229,000
Minority Interests and Other
11,871,000
10,760,000
11,556,000
10,207,000
Total Shareholders' Equity
66,479,000
60,861,000
59,024,000
49,436,000
Total Liabilities and Shareholders' Equity
212,721,000
190,144,000
177,489,000
158,935,000
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
5,332,000
5,698,000
6,282,000
3,246,000
Depreciation & Amortization
6,941,000
5,761,000
6,151,000
4,790,000
Other Adjustments
585,000
1,641,000
261,000
(186,000)
Changes in Other Operating Activities
(373,000)
160,000
(1,393,000)
413,000
Cash from Operating Activities
12,485,000
13,260,000
11,301,000
8,262,000
Capital Expenditure
(8,721,000)
(8,115,000)
(9,363,000)
(9,519,000)
Purchases of Investments
(21,225,000)
(21,838,000)
(21,491,000)
(14,127,000)
Proceeds from Sale of Investments
6,516,000
8,104,000
6,758,000
5,421,000
Proceeds from Business Divestments
—
—
924,000
—
Other Investing Activities
(435,000)
(415,000)
(295,000)
(134,000)
Cash from Investing Activities
(23,865,000)
(22,264,000)
(23,467,000)
(18,359,000)
Issuance of Short-Term Debt
2,558,000
6,575,000
1,980,000
1,755,000
Repayments of Short-Term Debt
(2,167,000)
(6,613,000)
(2,613,000)
(1,125,000)
Net Issuance / (Repayments) of Short-Term Debt
391,000
(38,000)
(633,000)
630,000
Issuance of Long-Term Debt
23,394,000
24,769,000
13,857,000
13,856,000
Repayments of Long-Term Debt
(10,347,000)
(10,113,000)
(7,978,000)
(4,525,000)
Net Issuance / (Repayments) of Long-Term Debt
13,047,000
14,656,000
5,879,000
9,331,000
Issuance of Common Shares
2,038,000
48,000
4,514,000
—
Net Issuance / (Repurchases) of Common Shares
2,038,000
48,000
4,514,000
—
Common Share Dividends Paid
(4,680,000)
(4,235,000)
(3,782,000)
(3,352,000)
Other Financing Activities
2,183,000
(3,431,000)
6,171,000
5,620,000
Cash from Financing Activities
12,979,000
7,000,000
12,149,000
12,229,000
Effect of Exchange Rate Changes on Cash and Cash Equivalents
5,000
(14,000)
(4,000)
—
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash