Nextera Energy Inc (NEE)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,543,000 | 7,310,000 | 4,147,000 | 3,573,000 | 2,919,000 |
| Total stockholders’ equity | US$ in thousands | 50,101,000 | 47,468,000 | 39,229,000 | 37,202,000 | 36,513,000 |
| ROE | 9.07% | 15.40% | 10.57% | 9.60% | 7.99% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $4,543,000K ÷ $50,101,000K
= 9.07%
Nextera Energy Inc's Return on Equity (ROE) has shown a fluctuating trend over the past five years. In 2020, the ROE was at 7.99%, gradually increasing to 9.60% by the end of 2021. The company experienced a significant improvement in ROE in 2023, reaching 15.40%, indicating a strong profitability in relation to shareholders' equity.
However, in 2024, the ROE decreased to 9.07%, showing a slight decline compared to the previous year. Despite the fluctuation in ROE, Nextera Energy Inc's overall performance indicates a decent return for shareholders' equity, with room for improvement to enhance profitability and efficiency in utilizing shareholder funds.
Peer comparison
Dec 31, 2024