NextEra Energy Inc.
Find Ratings ReportsNEXTERA ENERGY INC's gross profit margin for the fourth quarter of its fiscal year 2023 has increased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. NEXTERA ENERGY INC has very weak liquidity. Currently, the Quick Ratio is 0.26 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has increased by 21.00% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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Income Statement | Q4 FY23 | Q4 FY22 |
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Net Sales ($mil) | 6878.0 | 6164.0 |
EBITDA ($mil) | 4267.0 | 3217.0 |
EBIT ($mil) | 2660.0 | 2046.0 |
Net Income ($mil) | 1210.0 | 1522.0 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 3420.0 | 3441.0 |
Total Assets ($mil) | 177489.0 | 158935.0 |
Total Debt ($mil) | 73211.0 | 64966.0 |
Equity ($mil) | 47468.0 | 39229.0 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 62.04 | 52.19 |
EBITDA Margin | 62.03 | 52.19 |
Operating Margin | 38.67 | 33.19 |
Sales Turnover | 0.16 | 0.13 |
Return on Assets | 4.11 | 2.6 |
Return on Equity | 15.4 | 10.57 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.55 | 0.51 |
Debt/Capital | 0.61 | 0.62 |
Interest Expense | 1980.0 | 685.0 |
Interest Coverage | 1.34 | 2.99 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 2052.0 | 1987.0 |
Div / share | 0.47 | 0.43 |
EPS | 0.59 | 0.76 |
Book value / share | 23.13 | 19.74 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 1.1324969E7 | 1.5739266E7 |
HOLD. This stock's P/E ratio indicates a discount compared to an average of 18.74 for the Utilities subsector and a significant discount compared to the S&P 500 average of 27.95. To use another comparison, its price-to-book ratio of 2.57 indicates a significant discount versus the S&P 500 average of 4.68 and a premium versus the subsector average of 1.98. The price-to-sales ratio is well above both the S&P 500 average and the subsector average, indicating a premium.
Price/Earnings |
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Price/Cash Flow |
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NEE 16.49 | Peers 18.74 | NEE 10.81 | Peers 8.50 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. NEE is trading at a discount to its peers. |
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. NEE is trading at a significant premium to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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NEE 16.18 | Peers 14.78 | NEE NM | Peers 1.44 | |||||||||||||||||||||
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. NEE is trading at a premium to its peers. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. NEE's negative PEG ratio makes this valuation measure meaningless. |
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Price/Book |
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Earnings Growth |
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NEE 2.57 | Peers 1.98 | NEE 72.72 | Peers 132.20 | |||||||||||||||||||||
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. NEE is trading at a significant premium to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, NEE is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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NEE 4.35 | Peers 2.49 | NEE 34.15 | Peers 1.95 | |||||||||||||||||||||
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. NEE is trading at a significant premium to its subsector. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. NEE has a sales growth rate that significantly exceeds its peers. |
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