Nextera Energy Inc (NEE)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 5,513,000 | 7,288,000 | 3,832,000 | 3,175,000 | 2,413,000 |
| Revenue | US$ in thousands | 17,019,000 | 28,114,000 | 20,956,000 | 17,069,000 | 17,997,000 |
| Pretax margin | 32.39% | 25.92% | 18.29% | 18.60% | 13.41% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $5,513,000K ÷ $17,019,000K
= 32.39%
Nextera Energy Inc's pretax margin has shown a consistent improvement from 13.41% in December 31, 2020, to 32.39% in December 31, 2024. This indicates a strong ability to control operating costs and generate profits before taxes. The significant increase in pretax margin over the years reflects the company's efficient operations and effective cost management strategies. The trend suggests that Nextera Energy Inc has been able to enhance its profitability, potentially through revenue growth, cost optimization, or a combination of both.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
Nextera Energy Inc
NEE
32.39%
American Electric Power Co Inc
AEP
14.85%
Black Hills Corporation
BKH
14.54%
CenterPoint Energy Inc
CNP
14.05%
Clearway Energy Inc Class C
CWEN
8.61%
Constellation Energy Corp
CEG
19.16%
Dominion Energy Inc
D
2.15%
DTE Energy Company
DTE
336.61%
Edison International
EIX
8.88%
Entergy Corporation
ETR
12.14%
Eversource Energy
ES
10.45%