Nextera Energy Inc (NEE)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 6,036,000 | 6,075,000 | 5,452,000 | 7,281,000 | 7,288,000 | 7,801,000 | 8,710,000 | 7,056,000 | 3,833,000 | 3,455,000 | 1,850,000 | 375,000 | 3,175,000 | 1,732,000 | 2,707,000 | 4,089,000 | 2,414,000 | 3,676,000 | 3,280,000 | 3,229,000 |
| Revenue (ttm) | US$ in thousands | 24,797,000 | 26,290,000 | 25,895,000 | 27,130,000 | 28,115,000 | 27,401,000 | 26,948,000 | 24,782,000 | 20,956,000 | 19,838,000 | 17,489,000 | 16,233,000 | 17,069,000 | 16,418,000 | 16,833,000 | 17,110,000 | 17,997,000 | 18,190,000 | 18,977,000 | 19,743,000 |
| Pretax margin | 24.34% | 23.11% | 21.05% | 26.84% | 25.92% | 28.47% | 32.32% | 28.47% | 18.29% | 17.42% | 10.58% | 2.31% | 18.60% | 10.55% | 16.08% | 23.90% | 13.41% | 20.21% | 17.28% | 16.36% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $6,036,000K ÷ $24,797,000K
= 24.34%
Nextera Energy Inc's pretax margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin measures the company's efficiency in generating profits before taxes relative to its revenue.
The pretax margin started at 16.36% on March 31, 2020, and experienced some variations in the following quarters, reaching a peak of 32.32% on June 30, 2023. This indicates that the company was able to generate a higher profit margin before taxes during that period.
However, in the subsequent quarters, there were fluctuations in the pretax margin, showing a decreasing trend towards the end of the period. For instance, the pretax margin dropped to 2.31% on March 31, 2022, before recovering and reaching 24.34% on December 31, 2024.
Overall, Nextera Energy Inc's pretax margin demonstrates variability over the analyzed period, suggesting changes in the company's operational efficiency, cost management, and profitability before taxes. Further analysis of the factors influencing these fluctuations would provide a deeper understanding of the company's financial performance.
Peer comparison
Dec 31, 2024