Nextera Energy Inc (NEE)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 7,988,000 | 9,601,000 | 8,822,000 | 10,511,000 | 10,321,000 | 10,629,000 | 11,211,000 | 9,148,000 | 5,499,000 | 4,975,000 | 3,239,000 | 1,782,000 | 4,612,000 | 3,104,000 | 4,180,000 | 5,632,000 | 3,974,000 | 5,180,000 | 4,748,000 | 4,900,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | 15.94% | 19.18% | 17.95% | 21.61% | 21.74% | 22.57% | 25.03% | 21.33% | 14.02% | 12.88% | 8.89% | 4.97% | 12.40% | 8.47% | 11.32% | 15.07% | 10.88% | 13.89% | 12.81% | 13.46% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $7,988,000K ÷ ($—K + $50,101,000K)
= 15.94%
Nextera Energy Inc's return on total capital has shown fluctuations over the reported periods. The company's return on total capital ranged from a low of 4.97% on March 31, 2022, to a high of 25.03% on June 30, 2023. Notably, the return on total capital experienced a substantial increase from 4.97% on March 31, 2022, to 25.03% on June 30, 2023, demonstrating significant improvement in the company's ability to generate returns on its total capital during that specific period.
Subsequently, the return on total capital stabilized around the 20% mark for the periods ending March 31, 2024, June 30, 2024, September 30, 2024, and December 31, 2024, indicating a consistent and relatively strong performance in utilizing its total capital effectively to generate returns for shareholders.
Overall, Nextera Energy Inc's return on total capital has experienced variability, reflecting the company's performance in efficiently utilizing its total capital to generate profits. Investors and analysts may consider monitoring this metric to assess the company's financial health and effectiveness in creating value for its stakeholders.
Peer comparison
Dec 31, 2024