NEE Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $77.88
Market Cap (MRQ) $162.46B
P/E (TTM) 17.5
EPS (TTM) $4.46
Revenue (TTM) $26.20B
Div Yield 2.9%
ROE (TTM) 17.2%
Debt/Equity (MRQ) 1.9
52W Range $74–$99

NEE Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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Stock splits 3
Ex-date Split Type
Oct. 27, 2020 4-for-1 Forward
March 16, 2005 2-for-1 Forward
Jan. 31, 1985 2-for-1 Forward

About NextEra Energy, Inc. Common Stock Company overview from Wikipedia

05 · wikidata

NextEra Energy, Inc. is an American energy company that is the world's largest electric utility holding company by market capitalization, with a valuation of over $187 billion as of July 2026. NextEra Energy had revenues of $24.8 billion and 16,700 employees throughout the US and Canada in 2024. It has a current generating capacity of 73 gigawatts. Its subsidiaries include Florida Power & Light (FPL), NextEra Energy Resources (NEER), XPLR Energy Partners, and NextEra Energy Services.

FPL, the largest of its subsidiaries, is the third largest electric utility company in the United States. NEER, together with its affiliated entities, is the world's largest generator of renewable energy from wind and solar. In addition to wind and solar, NextEra Energy Resources owns and operates generating plants powered by natural gas, nuclear energy, and oil. As of March 2025, approximately 36% of NextEra Energy's generating capacity was from fossil fuels and non-renewables, down from 41% in 2020.

Corporate history

NextEra Energy traces its origins to 1925 with the formation of Florida Power & Light and the formation of FPL Group in 1984.

The company purchased Colonial Penn in 1985 and sold it in 1991. In 1998, FPL Group created FPL Energy, a subsidiary to manage FPL Group efforts outside of FPL's service area. The same year, the company moved to acquire 37 power stations in Maine, Massachusetts, and New Jersey. After a federal ruling would have limited the company's access to the New England power grid, FPL Group attempted to break off its purchase agreement in Maine, but ultimately completed the purchase in March 1999.

Through the early 2000s, FPL Group was the subject of multiple merger discussions, including with Iberdrola, Entergy, and Constellation Energy. In 2005, FPL Group acquired Gexa Energy.

In 2007, Florida's Public Service Commission rejected a plan by NextEra Energy to build a coal-burning power plant on 5,000 acres (20 km2) in Moore Haven, Florida, near the Everglades National Park. The National Park Service raised concerns that the coal plant would contaminate Lake Okeechobee with mercury and harm the Everglades.

In 2008 the Environmental Protection Agency recognized FPL Group for achieving its goal to reduce its emissions by 21 percent per kilowatt hour. The FPL Group Foundation, the company's philanthropic arm, donated $1 million to the Salvation Army in 2009 to help customers pay their power bills. The following year, FPL Group rebranded as NextEra Energy. At the time, it provided electricity in 28 U.S. states and Canada.

The 2010s saw additional merger and acquisition attempts by NEE, including with Hawaiian Electric Industries, Oncor Electric Delivery, SCANA, Santee Cooper, and Gulf Power Company. Of these, only the Gulf Power acquisition was successful. The acquisition was completed in January 2019 and NEE merged Gulf Power with FPL in January 2022. As part of the deal, NEE also acquired Plant Oleander and a 65 percent stake in the Stanton Energy Center natural gas power plants. In July 2013, NextEra Energy partnered with Spectra Energy in a $3 billion investment for the construction of a natural gas pipeline in Florida.

NextEra Energy subsidiary New Hampshire Transmission (NHT) reached a $6.8 million settlement with the Federal Energy Regulatory Commission (FERC) in 2016 after charging customers for the development of an electric power transmission project that was not approved. During the 2016 Republican Party presidential primaries, NextEra Energy donated $1 million to a super PAC supporting Jeb Bush's candidacy. In August 2016, NextEra Energy sold $1.5 billion in equity to Mizuho Securities, Credit Suisse and Goldman Sachs.

In 2018, NextEra Energy and Entergy left the Nuclear Energy Institute. In February of that year, it filed a lawsuit against the Institute alleging that the trade group had inappropriately cut off its access to a database of nuclear power workers. The lawsuit stated NEE disagreed with the Institute's priorities and that the trade group was advocating for policies that would be damaging to NextEra Energy's business; it also alleged the group was extorting NextEra Energy for $860,000 to regain access to the database. The Institute called the allegations "baseless". A judge in Florida rejected NEE's claims in September 2018.

In June 2018, the United States Court of Appeals for the Eleventh Circuit rejected NextEra Energy's claim for a $97 million tax deduction for $200 million paid in contract fees to the federal government toward the Nuclear Waste Fund. NextEra Energy sought to deduct payments made between 2003 and 2010 for "the disposal of radioactive waste produced by nuclear power plants".

In August 2018, NextEra Energy received a cease and desist order by Oklahoma state officials concerning the construction of wind turbines violating a state law intended to protect open air space. The law requires that developers obtain appropriate permitting from the Federal Aviation Administration or the United States Department of Defense. NextEra Energy had filed obstruction evaluation cases for the construction of wind turbines in Oklahoma with the FAA in March 2018, but the FAA had yet to issue determinations at the time that the cease and desist order was issued. The construction of the wind farm was cancelled in May 2019.

In 2022, NextEra paid $8 million for the deaths of over 150 eagles at wind farms missing eagle permits. In June 2024 the company sold $2 billion in equity to BofA Securities and Wells Fargo Securities. On December 8, 2025, NextEra announced it would expand its partnership with Google Cloud by developing approximately 15 gigawatts of new power generation capacity by 2035 to support several large-scale data center campuses in the United States. On May 18, 2026, NextEra announced that deal had been reached to acquire Dominion Energy in an all-stock transaction valued at approximately $67 billion. In May 2026, the company acquired Caliber Resource Partners in a deal that valued the company at $1.3 billion.

Lobbying and political influence

In 2025, NextEra was one of the donors that funded the White House's East Wing demolition and planned building of a ballroom.

Criticism

Avangrid transmission line project

In 2021, NextEra opposed and lobbied heavily against a transmission line project proposed by Avangrid, Inc. The 145-mile line, known as New England Clean Energy Connect, was designed to deliver hydroelectric power from Quebec to utilities in Massachusetts and Maine. The hydropower would have competed with NextEra's oil-fired power plant in Yarmouth. “In doing so,” Avangrid wrote, “NextEra is purposely trying to thwart the goals of Maine and Massachusetts to obtain more renewable power.” According to Daily Energy Insider, Avangrid had obtained every regulatory approval required at the state and federal levels, and the project was supported by Maine Gov. Janet Mills, Massachusetts Gov. Charlie Baker, U.S. Energy Secretary Jennifer Granholm, and Maine's major newspapers.

In November 2021, the voters of Maine approved a ballot initiative to prohibit construction of the $1 billion transmission line project, which had been represented as a choice between clean energy and the protection of pristine woodlands. In 2023, a jury verdict allowed the project to proceed despite the voter referendum. In November 2025, it was reported that Avangrid had obtained the final permit necessary to complete and energize the transmission line. In January 2026, it was reported that New England Clean Energy Connect was complete and commercial operations of the transmission line began on January 16, 2026.

Solar power ballot initiatives

NextEra Energy has backed failed ballot amendment campaigns to impose fees and barriers to installations of rooftop solar panels. In 2016, Florida Power & Light, which is a subsidiary of NextEra Energy, partnered with Devon Energy, and Tampa Electric Company. Together, they spent $20 million promoting a failed ballot initiative in Florida that would have restricted rooftop solar installations. “Over the last several years, NextEra has been very aggressive against customer-owned solar,” says Alissa Schafer, a researcher with the Energy and Policy Institute, a clean energy advocacy group.

In 2021, investigative reporting by the Miami Herald revealed that NextEra Energy had lobbied Florida legislators to undermine rooftop solar by preventing homeowners and businesses to engage in net metering (selling excess power back to FPL). NextEra Energy made a $10,000 donation to Women Building the Future, drafted a bill, had their lobbyist deliver the bill to Florida legislator Jennifer Bradley, and subsequently donated $10,000 to her re-election campaign. “This is a tired tactic that utilities have used to maintain their monopoly grip on electricity markets,” said Will Giese, southeast regional director for the Solar Energy Industries Association. Opponents of the legislation claimed that if such bills pass, the fast-growing green power industry would quickly start to collapse.

Florida legislature candidates

In 2021, investigative reporting by the Orlando Sun Sentinel revealed that FPL gave more than $3 million to political consultants to promote "ghost" spoiler candidates in key Florida legislature races. The spoiler candidates were on the ballot as a no-party option and were intended to confuse voters and dilute support for the Democratic candidate in each race. An accomplice named "Rodriguez" ran as a sham candidate and siphoned away votes from the Democratic candidate, also named Rodriguez. The mailing campaign employed the language of the Democratic candidate and had the accomplice focusing on fixing health care, and fighting climate change, all paid for by new, out-of-state political committees. The Democrats lost by a mere thirty-two votes. Former senator Frank Artiles and his accomplice were each charged with three third-degree felony charges related to violating campaign finance law, conspiracy to make campaign contributions in excess of legal limits, also making these excess contributions, and false swearing in connection to an election.

Artiles has for years associated with Florida utilities, including NextEra and its subsidiary FPL. Artiles obtained over $30,000 in political contributions from Florida utilities throughout his time in office, which included a direct contribution of $6,000 from NextEra. Veterans for Conservative Principles, his political committee, accepted close to $13,000 from NextEra. Prior to his resignation from the Florida Senate in April 2017, Artiles fast-tracked pro-utility bills as former chairman of the Florida Senate’s Communications, Energy and Public Utilities Committee, including a bill that would have permitted NextEra to charge its fracking costs to Florida ratepayers.

In 2018, Senator Keith Perry won re-election against Democrat Kayser Enneking by around 2,000 votes, due to independent Charles Goston pulling votes away from Enneking. According to the Sentinel, FPL donated $14.15 million to a political ad nonprofit whose consultants were connected to one of the groups that paid for Goston's ads. FPL has also donated $20,000 to Perry’s political committee, Building a Prosperous Florida. The year before, Perry voted in support of NextEra’s exploratory fracking legislation while serving on the committee chaired by Artiles. Perry has accepted $13,500 in direct political donations from Florida utilities, including $1,000 from NextEra, according to campaign finance filings.

In 2026, NextEra agreed to a proposed $150 million dollar settlement to resolve a securities class‑action lawsuit by investors who alleged that company executives misled the market about FPL’s involvement in “ghost candidate” schemes and other political controversies in Florida.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorUtilities industryUtilities employees17,400 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$25.80B
2018-12-31 → 2025-12-31
EPS$3.30
2016-12-31 → 2025-12-31
Net margin35.5%
2018-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend NEE 5Y avg Peer Median Verdict
P/E (TTM) 17.55Y avg ≈30.8 ≈30.8 22.9 Fair value
P/S (TTM) 6.25Y avg ≈7.0 ≈7.0 2.8 Overvalued
P/B (MRQ) 2.85Y avg ≈3.6 ≈3.6 2.1 Overvalued
EV / EBITDA 30.75Y avg ≈43.6 ≈43.6 16.1 Overvalued
Price / Cash Flow 13.05Y avg ≈16.0 ≈16.0 7.4 Overvalued
EV / Revenue 9.95Y avg ≈10.0 ≈10.0 · ·
Price / Tangible Book 3.45Y avg ≈4.1 ≈4.1 · ·
PEG Ratio ≈1.0 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield2.9%
Payout Ratio68.5%
Annualized Payout≈$2.49Paid quarterly
5Y Div CAGR≈10.1%Per share, split-adjusted
Growth Streak≈31Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Aug 28, 2026$0.62USD≈3.0%
Jun 5, 2026$0.62USD≈2.8%
Feb 27, 2026$0.62USD≈2.5%
Nov 21, 2025$0.57USD≈2.7%
Aug 28, 2025$0.57USD≈3.1%
Jun 2, 2025$0.57USD≈3.1%
Feb 28, 2025$0.57USD≈3.0%
Nov 22, 2024$0.52USD≈2.7%
Aug 30, 2024$0.52USD≈2.5%
Jun 3, 2024$0.52USD≈2.5%
Feb 26, 2024$0.52USD≈3.5%
Nov 22, 2023$0.47USD≈3.3%
Aug 29, 2023$0.47USD≈2.7%
May 26, 2023$0.47USD≈2.4%
Feb 27, 2023$0.47USD≈2.4%
Nov 23, 2022$0.43USD≈2.0%
Aug 29, 2022$0.43USD≈1.9%
May 27, 2022$0.43USD≈2.1%
Feb 28, 2022$0.43USD≈2.0%
Nov 24, 2021$0.39USD≈1.8%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 5.2%
Next Report Oct 26, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 21, 2026 $1.15 $1.12 2.9%
March 31, 2026 $1.09 $0.97 12.5%
Dec. 31, 2025 $0.54 $0.53 1.7%
Sept. 30, 2025 $1.13 $1.03 10.0%
June 30, 2025 $1.05 $1.02 3.0%
March 31, 2025 $0.99 $0.98 1.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

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Income Statement 12
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $25.80B$23.50B$24.80B$23.00B$18.80B$17.00B$17.50B$15.40B····
Operating Expenses $19.39B$17.63B$18.28B$17.40B$14.23B$13.23B$14.26B$12.53B$12.00B$11.68B$12.85B$12.64B
Operating Income $8.28B$7.48B$10.24B$4.08B$2.91B$5.12B$5.35B$4.28B$5.17B$4.46B$4.63B$4.38B
Other Non-op $272M$336M$333M$200M$130M$92M$121M$48M$11M$19M$40M$0
Pretax Income $4.53B$6.04B$7.29B$3.83B$3.17B$2.41B$3.84B$7.35B$4.66B$4.38B$3.99B$3.65B
Income Tax $-802M$339M$1.01B$586M$348M$44M$448M$1.58B$-660M$1.38B$1.23B$1.18B
Net Income $6.83B$6.95B$7.31B$4.15B$3.57B$2.92B$3.77B$6.64B$5.38B$2.91B$2.75B$2.46B
EPS (Basic) $3.31$3.38$3.61$2.10$1.82$1.49$1.95$3.51$11.48$6.27$6.11$5.67
EPS (Diluted) $3.30$3.37$3.60$2.10$1.81$1.48$1.94$3.47$11.39$6.24$6.06$5.60
Shares (Basic) 2,064,500,0002,052,900,0002,026,100,0001,972,600,0001,962,500,0001,959,000,0001,927,900,0001,892,800,000468,800,000463,100,000450,500,000434,400,000
Shares (Diluted) 2,070,600,0002,059,200,0002,030,800,0001,978,600,0001,972,200,0001,968,800,0001,941,900,0001,907,900,000472,500,000465,800,000454,000,000440,100,000
EBITDA $8.28B$7.48B$10.24B$4.08B$2.91B$5.12B$5.35B$4.28B$5.33B$4.61B$4.63B$4.38B
Balance Sheet 25
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $2.81B$1.49B$2.69B$1.60B$639M$1.10B$600M$638M$1.71B$1.29B$571M$577M
Receivables $4.02B$3.34B$3.61B$4.35B$3.38B$2.26B$2.28B$2.30B$2.22B$1.78B$1.78B$1.80B
Inventory $2.42B$2.21B$2.11B$1.93B$1.56B$1.55B$1.33B$1.22B$1.27B$1.29B$1.26B$1.29B
Other Current Assets $1.17B$1.44B$1.33B$789M$1.17B$804M$1.58B$551M$632M$528M$476M$439M
Current Assets $13.58B$11.95B$15.36B$13.49B$9.29B$7.38B$7.41B$6.39B$7.18B$7.41B$6.79B$6.94B
PP&E (Net) $156.20B$138.85B$125.78B$111.06B$99.35B$91.80B$82.01B$70.33B$72.29B$66.91B$61.39B$55.70B
PP&E (Gross) $196.71B$175.01B$159.26B$142.32B$128.25B$118.10B$107.18B$92.08B$93.56B$86.80B$80.33B$73.64B
Accum. Depreciation ·········$20.10B$18.94B$17.93B
Goodwill $4.85B$4.87B$5.09B$4.85B$4.84B$4.25B$4.20B$891M$764M$779M$778M$147M
Intangibles $1.63B$1.58B$1.56B$623M$606M$558M$417M$573M$1.15B$1.11B$1.06B$362M
Other Non-current Assets $11.10B$9.46B$7.70B$5.70B$4.39B$3.67B$3.31B$7.52B$4.96B$3.33B$3.24B$2.19B
Total Assets $212.72B$190.14B$177.49B$158.94B$140.91B$127.68B$117.69B$103.70B$97.96B$90.47B$82.48B$74.61B
Short-term Debt $1.96B$1.67B$4.65B$1.71B$1.38B$1.55B$2.52B$5.46B$255M$150M$412M$0
Current Liabilities $22.82B$25.36B$27.96B$26.70B$17.44B$15.56B$13.85B$17.56B$11.24B$10.92B$10.11B$9.66B
Deferred Tax $12.36B$11.75B$10.14B$9.07B$8.31B$8.02B$8.36B$7.37B$5.76B$11.10B$9.83B$9.26B
Other Non-current Liabilities $4.22B$3.48B$2.76B$2.70B$2.47B$2.24B$1.83B$1.45B$2.28B$2.05B$2.00B$1.68B
Total Liabilities $146.24B$129.28B$118.47B$109.50B$95.24B$82.75B$75.84B·····
Long-term Debt $93.06B$80.45B$68.31B$61.89B$52.74B$46.08B$39.67B$29.50B$33.08B$30.42B$28.90B$27.56B
Total Debt $95.01B$82.12B$72.96B$63.60B$54.13B$47.63B$40.07B$34.96B$33.39B$30.57B$29.31B$29.02B
Common Stock $21M$21M$21M$20M$20M$20M$20M$5M$5M$5M$5M$4M
Retained Earnings $35.10B$32.95B$30.23B$26.71B$25.91B$25.36B$25.20B$23.84B$19.02B$15.46B$14.14B$12.77B
AOCI $-9M$-126M$-153M$-218M$0$-92M$-169M$-188M$111M$-70M$-167M$-40M
Stockholders' Equity $54.61B$50.10B$47.47B$39.23B$37.20B$36.51B$37.01B$34.14B$28.24B$24.34B$22.57B$19.92B
Liabilities + Equity $212.72B$190.14B$177.49B$158.94B$140.91B$127.68B$117.69B$103.70B$97.96B$89.99B$82.48B$74.61B
Shares Outstanding 2,083,000,0002,057,000,0002,052,000,0001,987,000,0001,963,000,0001,960,000,0001,956,000,0001,912,000,0001,883,000,000468,000,000461,000,000443,000,000
Cash Flow 14
Metric Trend 202520242023202220212020201920182017201620152014
D&A $6.58B$5.46B$5.88B$4.50B$3.92B$4.05B$4.22B$3.91B$2.36B$3.12B$2.83B$2.55B
Deferred Tax $453M$1.31B$708M$534M$436M$-78M$258M$1.46B$-882M$1.23B$1.16B$1.21B
Amort. of Intangibles $65M$62M$58M$18M$25M$27M$18M$19M$35M$35M$17M$15M
Operating Cash Flow $12.48B$13.26B$11.30B$8.26B$7.55B$7.98B$8.15B$6.59B$6.46B$6.37B$6.09B$5.50B
Investing Cash Flow $-23.86B$-22.26B$-23.47B$-18.36B$-13.59B$-13.70B$-16.18B$-10.95B$-8.92B$-8.05B$-8.00B$-6.36B
Debt Issued $23.39B$24.77B$13.86B$13.86B$16.68B$12.40B$13.90B$4.39B$8.35B$5.66B$5.77B$5.05B
Net Debt Issued $13.05B$14.66B$5.88B$9.33B$7.09B$6.30B$8.43B$1.30B$1.57B$2.35B$1.80B$304M
Stock Issued $2.04B$48M$4.51B$1.51B$14M·$1.49B$718M$55M$537M$1.30B$633M
Stock Repurchased ···········$0
Net Stock Activity $2.04B$48M$4.51B$1.46B$14M·$1.49B$718M$55M$537M$1.30B$633M
Dividends Paid $4.68B$4.24B$3.78B$3.35B$3.02B$2.74B$2.41B$2.10B$1.84B$1.61B$1.39B$1.26B
Financing Cash Flow $12.98B$7.00B$12.15B$12.23B$5.81B$6.17B$3.87B$7.63B$2.89B$2.42B$1.90B$1.00B
Net Change in Cash $1.60B$-2.02B$-21M$2.12B$-230M$438M$-4.14B$3.27B$454M$757M$7M$139M
Taxes Paid $-1.27B$-760M$321M$-32M$-69M$235M$184M$200M$142M$91M$33M$46M
Profitability 7
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 32.1%31.8%41.3%17.7%15.5%30.1%30.6%27.8%····
Net Margin 26.5%29.6%29.5%18.0%19.0%17.2%21.5%43.1%····
Pretax Margin 17.6%25.7%29.4%16.7%16.9%14.2%21.9%47.7%····
EBITDA Margin 32.1%31.8%41.3%17.7%15.5%30.1%30.6%27.8%····
ROA 3.4%3.8%4.3%2.8%2.7%2.4%3.4%6.6%5.7%3.4%3.5%3.4%
ROE 13.1%14.2%16.9%10.8%9.7%7.9%10.6%21.3%20.5%12.4%13.0%13.0%
ROIC 6.5%5.3%7.3%3.4%2.8%6.0%6.1%4.9%9.9%5.8%6.2%6.1%
Liquidity & Solvency 4
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 0.60.50.50.50.50.50.50.40.60.70.70.7
Quick Ratio 0.30.20.20.20.20.20.20.20.40.30.20.2
Debt / Equity 1.71.61.51.61.51.31.11.01.21.31.31.5
LT Debt / Equity 1.61.41.31.41.41.11.00.81.11.11.21.2
Efficiency 2
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 0.10.10.10.20.10.10.20.2····
Receivables Turnover 7.06.86.26.06.77.57.66.8····
Per Share 6
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $26.22$24.36$23.13$19.74$18.95$18.63$75.67$71.43$59.89$52.01$48.97$44.96
Revenue / Share $12.46$11.41$12.21$11.62$9.53$8.63$36.05$32.29····
Cash Flow / Share $6.03$6.44$5.56$4.18$3.83$4.05$16.80$13.82$13.57$13.60$13.47$12.50
Cash / Share $1.35$0.72$1.31$0.81$0.33$0.56$1.23$1.33$3.64$2.76$1.24$1.30
Dividend Paid / Share $2.27$2.06$1.87$1.70$1.54$1.40$1.25$1.11$3.93$3.48$3.08$2.90
EPS (TTM) $3.30$3.37$3.60$2.10$1.81$1.48$1.94$3.47$11.39$6.24$6.06$5.60
Growth Rates 10
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 9.8%-5.2%7.8%22.3%10.6%·······
Revenue CAGR 3Y 3.9%7.7%13.4%·········
Revenue CAGR 5Y 8.7%···········
EPS YoY -2.1%-6.4%71.4%16.0%22.3%·······
EPS CAGR 3Y 16.3%23.0%34.5%·········
EPS CAGR 5Y 17.4%···········
Net Income YoY -1.6%-5.0%76.3%16.1%22.4%·······
Net Income CAGR 3Y 18.1%24.8%35.8%·········
Net Income CAGR 5Y 18.6%···········
Dividends Paid CAGR 5Y 11.3%···········
Valuation (TTM) 15
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $25.80B$23.50B$24.80B$23.00B$18.80B$17.00B$17.50B$15.40B$14.88B$14.88B$14.88B$14.88B
Net Income TTM $6.83B$6.95B$7.31B$4.15B$3.57B$2.92B$3.77B$6.64B$5.38B$2.91B$2.75B$2.46B
Market Cap $167.22B$147.47B$124.64B$166.11B$183.27B$151.21B$29.60B$20.77B$18.39B$13.98B$11.97B$11.77B
Enterprise Value $259.42B$228.10B$194.90B$228.11B$236.75B$197.74B$69.07B$55.10B$50.07B$43.26B$40.72B$40.22B
P/E 24.321.316.939.851.652.131.212.53.44.84.34.7
P/S 6.56.35.07.29.78.91.71.31.20.90.80.8
P/B 3.12.92.64.24.94.10.80.60.70.60.50.6
P / Tangible Book 3.53.43.14.95.84.8······
P / Cash Flow 13.411.111.020.124.318.93.63.22.92.22.02.1
EV / EBITDA 31.330.519.055.981.338.712.912.99.49.48.89.2
EV / Revenue 10.19.77.99.912.611.63.93.63.42.92.72.7
Dividend Yield 2.8%2.9%3.0%2.0%1.7%1.8%8.1%10.1%10.0%11.5%11.6%10.7%
Earnings Yield 4.1%4.7%5.9%2.5%1.9%1.9%3.2%8.0%29.2%20.9%23.3%21.1%
Payout Ratio 68.5%61.0%51.7%80.8%84.6%94.0%63.9%31.6%34.3%55.4%50.3%51.2%
Annual Payout $4.68B$4.24B$3.78B$3.35B$3.02B$2.74B$2.41B$2.10B$1.84B$1.61B$1.39B$1.26B

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $25.80B $23.50B $24.80B $23.00B $18.80B
Operating Margin % 32.1% 31.8% 41.3% 17.7% 15.5%
Net Income $6.83B $6.95B $7.31B $4.15B $3.57B
Diluted EPS $3.30 $3.37 $3.60 $2.10 $1.81

Institutional owners (13F) 3,258 filers · $171.3B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 3,258
Value held $171.3B
New positions 164
Exited positions 140
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
164 (-158 vs prior Q) 140 (-2 vs prior Q) 1,396 (+117 vs prior Q) 1,077 (-55 vs prior Q) +33.1M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $17,343,185,196 216,033,697 10.13% Shares
BlackRock, Inc. $16,398,811,556 186,838,459 9.58% Shares
VANGUARD CAPITAL MANAGEMENT LLC $11,955,234,555 136,210,944 6.98% Shares
STATE STREET CORP $10,440,481,639 118,952,736 6.10% Shares
JPMORGAN CHASE & CO $10,288,884,279 116,048,771 6.01% Shares
MORGAN STANLEY $5,574,626,747 63,514,030 3.25% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $5,463,082,855 62,243,168 3.19% Shares
GEODE CAPITAL MANAGEMENT, LLC $4,397,278,698 49,963,310 2.57% Shares
FRANKLIN RESOURCES INC $3,901,816,915 44,455,018 2.28% Shares
NORGES BANK $2,818,963,858 32,117,624 1.65% Shares
BANK OF AMERICA CORP /DE/ $2,604,110,175 29,669,707 1.52% Shares
FMR LLC $2,594,118,266 29,555,864 1.51% Shares
WELLS FARGO & COMPANY/MN $2,562,866,272 29,199,799 1.50% Shares
GOLDMAN SACHS GROUP INC $2,099,761,270 23,923,451 1.23% Shares
UBS Group AG $2,047,267,024 23,325,362 1.20% Shares
NORTHERN TRUST CORP $1,912,760,991 21,792,879 1.12% Shares
Capital Research Global Investors $1,764,227,733 20,100,508 1.03% Shares
ROYAL BANK OF CANADA $1,651,491,000 18,816,110 0.96% Shares
DEUTSCHE BANK AG\ $1,598,865,102 18,216,533 0.93% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $1,525,345,399 17,373,471 0.89% Shares
Legal & General Group Plc $1,465,987,199 16,702,600 0.86% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $1,430,933,430 15,406,260 0.84% Shares
Nuveen, LLC $1,380,319,130 15,726,549 0.81% Shares
NEUBERGER BERMAN GROUP LLC $1,178,044,741 13,420,559 0.69% Shares
Amundi $1,169,838,751 13,329,077 0.68% Shares
RAYMOND JAMES FINANCIAL INC $1,163,150,471 13,252,255 0.68% Shares
Bank of New York Mellon Corp $1,145,272,052 13,048,560 0.67% Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $1,102,537,276 12,519,204 0.64% Shares
VANGUARD FIDUCIARY TRUST CO $1,027,734,389 11,709,404 0.60% Shares
SCHRODER INVESTMENT MANAGEMENT GROUP $979,987,422 11,165,403 0.57% Shares
AMERIPRISE FINANCIAL INC $806,919,805 9,201,237 0.47% Shares
Invesco Ltd. $652,217,561 7,430,985 0.38% Shares
GQG Partners LLC $651,293,395 7,420,437 0.38% Shares
Pictet Asset Management Holding SA $625,420,816 7,125,641 0.37% Shares
ALLIANCEBERNSTEIN L.P. $622,223,646 6,699,221 0.36% Shares
CIBC Private Wealth Group LLC $572,641,941 7,585,666 0.33% Shares
JANE STREET GROUP, LLC $542,471,262 6,180,600 0.32% Call option
NORDEA INVESTMENT MANAGEMENT AB $538,775,717 6,140,594 0.31% Shares
PNC Financial Services Group, Inc. $533,514,264 6,078,549 0.31% Shares
Swiss National Bank $516,228,032 5,881,600 0.30% Shares
FIL Ltd $514,654,228 5,863,669 0.30% Shares
JENNISON ASSOCIATES LLC $486,474,090 5,542,601 0.28% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $478,209,930 5,448,444 0.28% Shares
ENVESTNET ASSET MANAGEMENT INC $457,318,901 5,210,434 0.27% Shares
National Pension Service $455,247,806 5,186,827 0.27% Shares
DIMENSIONAL FUND ADVISORS LP $438,674,671 4,997,454 0.26% Shares
Russell Investments Group, Ltd. $426,497,211 4,858,233 0.25% Shares
BANK OF MONTREAL /CAN/ $426,264,033 4,856,603 0.25% Shares
Sumitomo Mitsui Trust Group, Inc. $407,665,933 4,644,707 0.24% Shares
Vanguard Global Advisers, LLC $394,155,058 4,490,772 0.23% Shares

Show all 3,258 institutional owners →

Activists & 5%+ owners 3 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
NEXTERA ENERGY INC, Mendocino Capital, LLC ×8 filings March 10, 2026 7.40% Amendment · SEC
NextEra Energy, Inc., Florida Power & Light Company ×14 filings Nov. 25, 2024 · Initial filing · SEC
FPL Group, Inc. April 7, 2005 · Initial filing M&A / sale SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 67 insiders · 31 officers · 28 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Brian W Bolster Pres. and CEO of Sub May 7, 2026 F 44,769 0 0 $0
John W Ketchum Chairman, President & CEO Feb. 12, 2026 A 400,961 0 2 $-8,898,532
Armando Pimentel Jr Director & CEO of Sub Feb. 12, 2026 A 171,984 0 1 $-12,178,697
Rebecca J Kujawa Pres. and CEO of Sub Feb. 13, 2025 A 202,110 0 0 $0
Michael Dunne EVP, Finance & CFO Feb. 12, 2026 A 70,951 0 0 $0
Moray P Dewhurst Vice Chairman & CFO March 4, 2016 F 334,083 0 0 $0
Manoochehr K Nazar President, Nuclear Div and CNO March 13, 2019 M 112,227 0 0 $0
Alex Rubio EVP, Eng., Const. & ISC Aug. 17, 2026 F 30,805 0 0 $0
William John Gough VP, Controller & CAO March 17, 2026 F 10,864 0 0 $0
James Michael May Treasurer and Asst. Secretary March 17, 2026 F 26,403 0 2 $-646,423
Nicole J Daggs EVP, Human Res & Corp Svcs March 13, 2026 S 16,905 0 2 $-458,862
Mark Lemasney EVP Power Generation Division March 9, 2026 S 8,995 0 1 $-347,088
Terrell Kirk Crews II EVP, Chief Risk Officer March 9, 2026 M 73,857 0 3 $-1,775,791
Ronald R Reagan EVP, Eng., Const. & ISC Feb. 17, 2026 S 10,960 0 5 $-4,063,996
Robert Coffey EVP, Nuclear Div & CNO Feb. 12, 2026 A 38,559 0 0 $0
Deborah H Caplan EVP, HR & Corp Services Feb. 16, 2023 A 143,348 0 0 $0
Miguel Arechabala EVP, Power Generation Division Dec. 12, 2022 M 24,710 0 0 $0
Paul I Cutler Treasurer Feb. 17, 2022 A 82,539 0 0 $0
Donald A Moul EVP, Nuclear Div & CNO May 15, 2021 F 13,963 0 0 $0
Joseph T Kelliher EVP, Federal Reg. Affairs Feb. 28, 2020 M 23,883 0 0 $0
William L Yeager EVP Eng, Const. & ISC March 11, 2019 S 4,184 0 0 $0
Chris N Froggatt VP, Controller and CAO July 29, 2016 M 19,168 0 0 $0
Lewis Hay III Exec Chairman March 15, 2013 S 54,999 0 0 $0
Antonio Rodriguez EVP-Power Generation March 11, 2013 S 25,533 0 0 $0
Shaun J Francis EVP, HR & Corp Services Feb. 15, 2013 A 20,704 0 0 $0
Robert L Mcgrath EVP Eng, Const. & Corp Svs Oct. 25, 2012 S 28,739 0 0 $0
Christopher A Bennett EVP-Chf Strat,Pol & Bus Proc Feb. 17, 2012 A 47,567 0 0 $0
James W Poppell Ex VP, Human Resources Feb. 12, 2010 A 14,354 0 0 $0
Michael K Davis Controller, CAO Feb. 12, 2010 A 60,257 0 0 $0
Dennis P Coyle General Counsel/Secretary Feb. 17, 2005 A 27,584 0 0 $0
Lawrence J Kelleher VP of Human Resources Nov. 9, 2004 S 79,596 0 0 $0
Nicole S Arnaboldi Director Oct. 2, 2026 A 20,154 0 0 $0
David L Porges Director Sept. 15, 2026 A 53,722 0 0 $0
James Lawrence Camaren Director Sept. 15, 2026 A 158,450 0 0 $0
Deborah L Stahlkopf Director Feb. 12, 2026 A 9,620 0 0 $0
Darryl L. Wilson Director Feb. 12, 2026 A 24,219 0 0 $0
Geoffrey Martha Director Feb. 12, 2026 A 6,000 0 0 $0
Kirk S Hachigian Director Feb. 12, 2026 A 52,492 0 0 $0
Amy B Lane Director Feb. 12, 2026 A 53,879 0 0 $0
John A Stall Director Feb. 12, 2026 A 18,846 0 0 $0
Sherry S Barrat Director March 15, 2024 A 116,674 0 0 $0
Kenneth B Dunn Director Feb. 15, 2024 A 82,260 0 0 $0
Rudy E Schupp Director March 8, 2023 G 59,284 0 0 $0
John L Skolds Director Feb. 16, 2023 A 49,820 0 0 $0
Lynn M Utter Director April 20, 2022 A 4,652 0 0 $0
James L Robo Director March 9, 2022 G 440,728 0 0 $0
Toni Jennings Director Feb. 11, 2021 A 35,334 0 0 $0
William H Swanson Director Feb. 11, 2021 A 113,150 0 0 $0
Hansel E Tookes II Director Feb. 13, 2020 A 25,030 0 0 $0
Robert M Beall II Director Feb. 12, 2016 A 29,310 0 0 $0
Oliver D Kingsley JR Director March 15, 2013 A 13,006 0 0 $0
Hyatt J Brown Director Feb. 17, 2012 A 63,540 0 0 $0
Paul R Tregurtha Director March 15, 2010 A 25,440 0 0 $0
Jesse H Arnelle Director Dec. 15, 2006 A 15,216 0 0 $0
Frank G Zarb Director Feb. 16, 2006 A 11,600 0 0 $0
Frederic V Malek Director Feb. 17, 2005 A 5,700 0 0 $0
Alexander W Dreyfoos JR Director March 15, 2004 A 8,300 0 0 $0
Charles E Sieving · Feb. 12, 2026 A 190,809 0 2 $-3,606,880
Naren K Gursahaney · Feb. 12, 2026 A 49,083 0 0 $0
Maria Henry · Feb. 12, 2026 A 9,060 0 0 $0
Eric E Silagy · June 2, 2022 P 233,684 0 0 $0
Michael H Thaman · Feb. 14, 2014 A 21,140 0 0 $0
Brian J Ferguson · March 15, 2013 A 16,340 0 0 $0
Armando J Olivera · Feb. 17, 2012 A 83,961 0 0 $0
Mitchell F Davidson · May 3, 2011 S 46,863 0 0 $0
Edward F Tancer · Dec. 15, 2008 A 14,242 0 0 $0
Robert H Escoto · Sept. 12, 2008 S 30,334 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 170 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
FUTY · FIDELITY COVINGTON TRUST 11.81% 3,156,645 NS July 31, 2026 N-PORT
VPU · VANGUARD WORLD FUND 11.65% 14,275,868 SH Aug. 19, 2026 Daily
IDU · iShares Trust 11.03% 1,730,175 SH Sept. 11, 2026 Daily
UTSL · Direxion Shares ETF Trust 10.16% 44,244 NS July 31, 2026 N-PORT
JXI · iShares Trust 7.89% 287,127 SH Sept. 11, 2026 Daily
POWR · iShares, Inc. 5.98% 331,098 SH Sept. 11, 2026 Daily
IGF · iShares Trust 4.83% 6,082,876 SH Sept. 11, 2026 Daily
UTES · ETFis Series Trust I 4.01% 606,929 NS July 31, 2026 N-PORT
ZAP · Global X Funds 3.91% 207,686 NS July 31, 2026 N-PORT
ASLV · ALLSPRING EXCHANGE-TRADED FUNDS TRU… 3.74% 94,149 NS July 31, 2026 N-PORT
VRP · Invesco Exchange-Traded Fund Trust … 3.36% 104,868,000 Oct. 5, 2026 Daily
RSPU · Invesco Exchange-Traded Fund Trust 3.20% 198,763 SH Oct. 5, 2026 Daily
CCOR · Listed Funds Trust 3.00% 9,649 NS July 31, 2026 N-PORT
PFF · iShares Trust 2.92% 10,561,542 SH Sept. 11, 2026 Daily
JGLO · J.P. Morgan Exchange-Traded Fund Tr… 2.53% 1,942,881 NS July 31, 2026 N-PORT
BDIV · ETF Series Solutions 2.52% 1,938 NS July 31, 2026 N-PORT
NFRA · FlexShares Trust 2.51% 866,661 NS July 31, 2026 N-PORT
JDIV · J.P. Morgan Exchange-Traded Fund Tr… 2.49% 3,686 NS July 31, 2026 N-PORT
GDIV · Harbor ETF Trust 2.42% 65,483 NS July 31, 2026 N-PORT
ELCV · Strategy Shares 2.07% 59,663 NS July 31, 2026 N-PORT
FDV · Federated Hermes ETF Trust 2.01% 203,463 NS July 31, 2026 N-PORT
PGX · Invesco Exchange-Traded Fund Trust … 1.91% 3,239,316 Oct. 5, 2026 Daily
SPDV · ETF Series Solutions 1.85% 28,073 NS July 31, 2026 N-PORT
ESLV · Strategy Shares 1.63% 2,668 NS July 31, 2026 N-PORT
BOBP · EXCHANGE TRADED CONCEPTS TRUST 1.62% 109 NS July 31, 2026 N-PORT
VCLN · Virtus ETF Trust II 1.52% 956 NS July 31, 2026 N-PORT
SOVF · Elevation Series Trust 1.48% 14,837 NS July 31, 2026 N-PORT
EMLP · First Trust Exchange-Traded Fund IV 1.47% 698,914 NS July 31, 2026 N-PORT
FPWR · First Trust Exchange-Traded Fund IV 1.41% 4,813 NS July 31, 2026 N-PORT
KNG · First Trust Exchange-Traded Fund IV 1.34% 543,149 NS July 31, 2026 N-PORT
BSCS · Invesco Exchange-Traded Self-Indexe… 1.25% 44,314,000 Oct. 5, 2026 Daily
REVS · Columbia ETF Trust I 1.22% 47,030 NS July 31, 2026 N-PORT
COMT · iShares U.S. ETF Trust 1.22% 16,910,000 SH Sept. 11, 2026 Daily
GSY · Invesco Actively Managed Exchange-T… 1.18% 46,222,000 Oct. 5, 2026 Daily
FDVV · FIDELITY COVINGTON TRUST 1.17% 1,368,734 NS July 31, 2026 N-PORT
DGRO · iShares Trust 1.10% 5,740,321 SH Sept. 11, 2026 Daily
GURU · Global X Funds 1.06% 7,494 NS July 31, 2026 N-PORT
INFO · Harbor ETF Trust 1.01% 98,307 NS July 31, 2026 N-PORT
BSCU · Invesco Exchange-Traded Self-Indexe… 0.99% 28,738,000 Oct. 5, 2026 Daily
IQRA · New York Life Investments Active ET… 0.95% 754 NS July 31, 2026 N-PORT
EQWL · Invesco Exchange-Traded Fund Trust 0.94% 341,093 SH Oct. 5, 2026 Daily
SPLV · Invesco Exchange-Traded Fund Trust … 0.88% 789,985 SH Oct. 5, 2026 Daily
BSCR · Invesco Exchange-Traded Self-Indexe… 0.86% 38,852,000 Oct. 5, 2026 Daily
MGV · VANGUARD WORLD FUND 0.86% 1,310,712 SH Aug. 19, 2026 Daily
FXU · First Trust Exchange-Traded AlphaDE… 0.84% 80,276 NS July 31, 2026 N-PORT
AAAA · EA Series Trust 0.81% 26,055 NS July 31, 2026 N-PORT
DVY · iShares Trust 0.81% 2,308,974 SH Sept. 11, 2026 Daily
HELO · J.P. Morgan Exchange-Traded Fund Tr… 0.80% 427,440 NS July 31, 2026 N-PORT
VIG · VANGUARD SPECIALIZED FUNDS 0.80% 11,781,100 SH Aug. 19, 2026 Daily
VYM · VANGUARD WHITEHALL FUNDS 0.76% 8,333,197 SH Aug. 19, 2026 Daily
ESUM · Strategy Shares 0.76% 15,886 NS July 31, 2026 N-PORT
BSCT · Invesco Exchange-Traded Self-Indexe… 0.70% 21,283,000 Oct. 5, 2026 Daily
RECS · Columbia ETF Trust I 0.67% 450,422 NS July 31, 2026 N-PORT
VTV · VANGUARD INDEX FUNDS 0.65% 18,829,068 SH Aug. 19, 2026 Daily
JOYT · J.P. Morgan Exchange-Traded Fund Tr… 0.65% 7,232 NS July 31, 2026 N-PORT
IWX · iShares Trust 0.64% 301,456 SH Sept. 11, 2026 Daily
EVUS · iShares Trust 0.63% 29,186 SH Sept. 11, 2026 Daily
VOOV · VANGUARD ADMIRAL FUNDS 0.63% 480,201 SH Aug. 19, 2026 Daily
RGEF · Tidal Trust III 0.63% 58,667 NS July 31, 2026 N-PORT
IIGD · Invesco Exchange-Traded Self-Indexe… 0.62% 189,000 Oct. 2, 2026 Daily
TRFM · ETF Series Solutions 0.61% 17,480 NS July 31, 2026 N-PORT
OEI · Listed Funds Trust 0.60% 3,222 NS July 31, 2026 N-PORT
PFM · Invesco Exchange-Traded Fund Trust 0.59% 59,606 SH Oct. 5, 2026 Daily
LQAI · Exchange Listed Funds Trust 0.59% 150 NS July 31, 2026 N-PORT
IVE · iShares Trust 0.58% 3,463,472 SH Sept. 11, 2026 Daily
IUSV · iShares Trust 0.55% 1,824,798 SH Sept. 11, 2026 Daily
IQSU · New York Life Investments ETF Trust 0.54% 20,326 NS July 31, 2026 N-PORT
ESMV · iShares Trust 0.52% 488 SH Sept. 11, 2026 Daily
VONV · VANGUARD SCOTTSDALE FUNDS 0.51% 1,260,298 SH Aug. 19, 2026 Daily
ACVF · ETF Opportunities Trust 0.51% 8,922 NS July 31, 2026 N-PORT
ILCV · iShares Trust 0.50% 81,091 SH Sept. 11, 2026 Daily
DYNF · BlackRock ETF Trust 0.48% 2,437,778 SH Sept. 11, 2026 Daily
EIPX · First Trust Exchange-Traded Fund IV 0.47% 30,155 NS July 31, 2026 N-PORT
IWD · iShares Trust 0.46% 4,639,091 SH Sept. 11, 2026 Daily
ESLG · Strategy Shares 0.45% 1,209 NS July 31, 2026 N-PORT
EGLE · Global X Funds 0.42% 106 NS July 31, 2026 N-PORT
ACIO · ETF Series Solutions 0.42% 113,678 NS July 31, 2026 N-PORT
FDRR · FIDELITY COVINGTON TRUST 0.41% 35,079 NS July 31, 2026 N-PORT
FDMO · FIDELITY COVINGTON TRUST 0.41% 42,654 NS July 31, 2026 N-PORT
FQAL · FIDELITY COVINGTON TRUST 0.41% 65,982 NS July 31, 2026 N-PORT
ADME · ETF Series Solutions 0.40% 13,418 NS July 31, 2026 N-PORT
ESGU · iShares Trust 0.40% 862,627 SH Sept. 11, 2026 Daily
FVAL · FIDELITY COVINGTON TRUST 0.39% 60,451 NS July 31, 2026 N-PORT
VMAX · Lattice Strategies Trust 0.36% 2,049 NS July 31, 2026 N-PORT
OEF · iShares Trust 0.36% 881,608 SH Sept. 11, 2026 Daily
MGC · VANGUARD WORLD FUND 0.35% 417,410 SH Aug. 19, 2026 Daily
PFIG · Invesco Exchange-Traded Fund Trust … 0.35% 503,000 Oct. 5, 2026 Daily
FEUS · FlexShares Trust 0.35% 4,455 NS July 31, 2026 N-PORT
HEQQ · J.P. Morgan Exchange-Traded Fund Tr… 0.33% 1,123 NS July 31, 2026 N-PORT
USCL · iShares Trust 0.32% 110,388 SH Sept. 11, 2026 Daily
TOPC · iShares Trust 0.32% 1,266 SH Sept. 11, 2026 Daily
DIVB · iShares Trust 0.31% 77,172 SH Sept. 11, 2026 Daily
FFLV · FIDELITY COVINGTON TRUST 0.31% 587 NS July 31, 2026 N-PORT
IWL · iShares Trust 0.31% 81,156 SH Sept. 11, 2026 Daily
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.30% 15,742 NS July 31, 2026 N-PORT
QVML · Invesco Exchange-Traded Fund Trust … 0.30% 65,533 SH Oct. 5, 2026 Daily
XVV · iShares Trust 0.29% 24,005 SH Sept. 11, 2026 Daily
VV · VANGUARD INDEX FUNDS 0.29% 2,435,453 SH Aug. 19, 2026 Daily
XYLD · Global X Funds 0.28% 106,071 NS July 31, 2026 N-PORT
XRMI · Global X Funds 0.28% 1,629 NS July 31, 2026 N-PORT
CATH · Global X Funds 0.28% 42,359 NS July 31, 2026 N-PORT
XTR · Global X Funds 0.28% 156 NS July 31, 2026 N-PORT
PTLC · Pacer Funds Trust 0.28% 105,726 NS July 31, 2026 N-PORT
XYLG · Global X Funds 0.28% 2,076 NS July 31, 2026 N-PORT
BBUS · J.P. Morgan Exchange-Traded Fund Tr… 0.28% 286,996 NS July 31, 2026 N-PORT
BKLC · BNY Mellon ETF Trust 0.28% 176,665 NS July 31, 2026 N-PORT
VOO · VANGUARD INDEX FUNDS 0.28% 54,170,154 SH Aug. 19, 2026 Daily
CHRI · Global X Funds 0.28% 257 NS July 31, 2026 N-PORT
VOTE · TCW ETF Trust 0.28% 35,202 NS July 31, 2026 N-PORT
XCLR · Global X Funds 0.28% 114 NS July 31, 2026 N-PORT
TOV · EA Series Trust 0.27% 8,307 NS July 31, 2026 N-PORT
VOXP · Advisors Series Trust 0.27% 177 NS July 31, 2026 N-PORT
IVV · iShares Trust 0.26% 26,284,608 SH Sept. 11, 2026 Daily
DFUS · Dimensional ETF Trust 0.26% 629,916 NS July 31, 2026 N-PORT
VONE · VANGUARD SCOTTSDALE FUNDS 0.26% 344,883 SH Aug. 19, 2026 Daily
ILCB · iShares Trust 0.26% 40,490 SH Sept. 11, 2026 Daily
SPUU · Direxion Shares ETF Trust 0.26% 7,867 NS July 31, 2026 N-PORT
QDPL · Pacer Funds Trust 0.26% 50,255 NS July 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.25% 66,213,444 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.25% 175,771 SH Aug. 19, 2026 Daily
IWB · iShares Trust 0.25% 1,443,815 SH Sept. 11, 2026 Daily
IYY · iShares Trust 0.25% 89,333 SH Sept. 11, 2026 Daily
PBP · Invesco Exchange-Traded Fund Trust 0.24% 12,410 SH Oct. 5, 2026 Daily
PEVC · Pacer Funds Trust 0.24% 67 NS July 31, 2026 N-PORT
PBUS · Invesco Exchange-Traded Fund Trust … 0.24% 336,007 SH Oct. 5, 2026 Daily
IWV · iShares Trust 0.24% 575,980 SH Sept. 11, 2026 Daily
JFLI · J.P. Morgan Exchange-Traded Fund Tr… 0.24% 1,296 NS July 31, 2026 N-PORT
ITOT · iShares Trust 0.23% 2,713,071 SH Sept. 11, 2026 Daily
TILT · FlexShares Trust 0.23% 56,880 NS July 31, 2026 N-PORT
HCMT · Direxion Shares ETF Trust 0.22% 14,512 NS July 31, 2026 N-PORT
PRF · Invesco Exchange-Traded Fund Trust 0.22% 286,141 SH Oct. 5, 2026 Daily
DFAU · Dimensional ETF Trust 0.22% 307,413 NS July 31, 2026 N-PORT
SPXL · Direxion Shares ETF Trust 0.21% 163,032 NS July 31, 2026 N-PORT
ROUS · Lattice Strategies Trust 0.21% 16,833 NS July 31, 2026 N-PORT
PHDG · Invesco Actively Managed Exchange-T… 0.20% 1,643 SH Oct. 5, 2026 Daily
TOK · iShares Trust 0.20% 5,817 SH Sept. 11, 2026 Daily
EUSA · iShares, Inc. 0.20% 45,418 SH Sept. 11, 2026 Daily
NEAR · iShares U.S. ETF Trust 0.19% 10,062,000 SH Sept. 11, 2026 Daily
DCOR · Dimensional ETF Trust 0.19% 73,891 NS July 31, 2026 N-PORT
RSP · Invesco Exchange-Traded Fund Trust 0.19% 2,355,201 SH Oct. 5, 2026 Daily
HDUS · Lattice Strategies Trust 0.19% 4,432 NS July 31, 2026 N-PORT
URTH · iShares, Inc. 0.19% 186,920 SH Sept. 11, 2026 Daily
EQAL · Invesco Exchange-Traded Fund Trust … 0.19% 19,735 SH Oct. 5, 2026 Daily
FTC · First Trust Exchange-Traded AlphaDE… 0.19% 28,512 NS July 31, 2026 N-PORT
CRBN · iShares Trust 0.18% 25,245 SH Sept. 11, 2026 Daily
ACWI · iShares Trust 0.17% 663,397 SH Sept. 11, 2026 Daily
SIZE · iShares Trust 0.16% 8,402 SH Sept. 11, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.16% 1,740,150 SH Aug. 19, 2026 Daily
RWL · Invesco Exchange-Traded Fund Trust … 0.13% 169,541 SH Oct. 5, 2026 Daily
OMFL · Invesco Exchange-Traded Self-Indexe… 0.13% 81,194 SH Oct. 2, 2026 Daily
LRGF · iShares Trust 0.11% 49,964 SH Sept. 11, 2026 Daily
USMV · iShares Trust 0.11% 304,043 SH Sept. 11, 2026 Daily
FAD · First Trust Exchange-Traded AlphaDE… 0.09% 6,196 NS July 31, 2026 N-PORT
FEX · First Trust Exchange-Traded AlphaDE… 0.09% 16,053 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.07% 389,208 NS July 31, 2026 N-PORT
GTOS · Invesco Actively Managed Exchange-T… 0.07% 78,000 Oct. 5, 2026 Daily
GTO · Invesco Actively Managed Exchange-T… 0.03% 910,500 Oct. 5, 2026 Daily
PFFA · ETFis Series Trust I 0.00% 40 NS July 31, 2026 N-PORT
BIV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BLV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BSV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BND · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
VUSB · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
VSDB · VANGUARD MALVERN FUNDS · · July 15, 2026 Daily
VCSH · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VCIT · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VCLT · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VTC · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily
BNDW · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily
IFRA · iShares Trust · 2,040,495 SH Sept. 11, 2026 Daily

NEE Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 28 analysts BUY
Median target $100.00 +28.4%
8 28.6% Strong Buy
10 35.7% Buy
9 32.1% Hold
1 3.6% Sell
0 0.0% Strong Sell

12-Month Price Target

19 analysts · 2026-10-02

Mean target $98.16 +26.0%

Now Current price $77.88
Low$55.00 Mean$98.16 High$114.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
NEE $167.22B 24.3 9.8% 26.5% 13.1% ·
CEG $110.22B 47.7 8.3% 9.1% 16.8% ·
SO · · · · · ·
DUK $91.19B 18.6 5.6% 15.7% 9.7% ·
AEP · 17.3 10.9% 16.9% 12.7% ·
ETR · 23.6 9.0% 13.7% 11.1% ·
XEL $46.06B 21.6 · · 9.4% ·
EXC $44.59B 15.3 5.3% 11.4% 9.9% ·
PCG $35.32B 13.6 2.1% 10.8% 8.6% ·
FE $25.87B 25.4 12.0% 6.8% 8.2% ·
PPL · · · · · ·

Latest News Recent headlines mentioning this company

23

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

25

No open signal right now — no card is filled, and that's honest.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Jul 24, 2026