Nextera Energy Inc (NEE)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 6,945,000 | 6,952,000 | 6,319,000 | 7,492,000 | 7,310,000 | 7,622,000 | 8,099,000 | 6,684,000 | 3,905,000 | 3,587,000 | 2,338,000 | 1,214,000 | 3,573,000 | 2,364,000 | 3,146,000 | 4,165,000 | 2,920,000 | 3,900,000 | 3,550,000 | 3,509,000 |
| Total stockholders’ equity | US$ in thousands | 50,101,000 | 50,051,000 | 49,140,000 | 48,641,000 | 47,468,000 | 47,095,000 | 44,793,000 | 42,896,000 | 39,229,000 | 38,629,000 | 36,439,000 | 35,887,000 | 37,202,000 | 36,649,000 | 36,932,000 | 37,378,000 | 36,513,000 | 37,287,000 | 37,073,000 | 36,403,000 |
| ROE | 13.86% | 13.89% | 12.86% | 15.40% | 15.40% | 16.18% | 18.08% | 15.58% | 9.95% | 9.29% | 6.42% | 3.38% | 9.60% | 6.45% | 8.52% | 11.14% | 8.00% | 10.46% | 9.58% | 9.64% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $6,945,000K ÷ $50,101,000K
= 13.86%
Nextera Energy Inc's return on equity (ROE) has shown some fluctuations over the past several quarters.
Initially, the ROE was around 9-10% at the beginning of the data series. It then decreased to around 8% by the end of 2020 before showing a significant increase to over 11% in March 2021. However, the ROE then dropped to around 6-9% for the next few quarters.
From March 2023 onwards, there was a noticeable upward trend in ROE, reaching a peak of 18.08% in June 2023. This high point was followed by some slight declines, but the ROE remained in the range of 12-16% for the remainder of 2024.
Overall, Nextera Energy Inc's ROE performance has been variable, experiencing both highs and lows over the period covered by the data. Investors and analysts may want to closely monitor the company's financial performance and management strategies to understand the factors driving these fluctuations in ROE.
Peer comparison
Dec 31, 2024