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NEXTERA ENERGY INCNEE

Sector
Energy
Industry
Electric Services
Exchange
NYSE

Stock Price $NEE

Latest filings

You are here#1 of 21 in Utilities by market cap

Filing record · 2016–202610-K1110-Q338-K225

NEE filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 225 current reports (8-K) between 2016 and 2026.

  1. Deal closed8-K · Jul ’18Jul ’18
  2. Material agreement8-K · Dec ’20Dec ’20
  3. Leadership change8-K · Jan ’23Jan ’23
  4. Leadership change8-K · Mar ’25Mar ’25

01—Key figures

Share Class
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  14. $25.80B
YoY changeLargest recent move+22.3%in FY22Latest +9.8%

Latest bar from 10-KFY2025Click a bar to open its SEC filing

View full history →
All NEE Financial Metrics51 metrics

Income Statement10

Balance Sheet24

Cash Flow12

Per Share5

02—Overview

NEXTERA ENERGY INC Financial Overview 2021–2025

Updated Jul 10, 2026

NextEra Energy's pledge to drive at least 8% compound annual earnings growth through 2035 underscores an aggressive expansion profile for a regulated utility. The company's dual-engine model—combining Florida Power & Light's (FPL) reliable rate-base expansion with NextEra Energy Resources' (NEER) massive renewable pipeline—allows it to compound capital efficiently, culminating in a May 2026 agreement to acquire Dominion Energy.

This trajectory is anchored by consistent execution, with earnings per share climbing from $1.81 in FY2021 to $3.30a in FY2025. FPL continually generates predictable cash flows, securing a highly favorable 10.95% authorized return on equity during its FY2025 rate settlement. These regulated utility returns fund staggering clean-energy deployments, with management projecting $42.96 billion in capital expenditures for FPL and $31.31 billion for NEER through 2029. This aggressive capital allocation is translating directly to the bottom line, with total net income surging to $2.18 billion in Q1 2026, a massive jump from $833 million a year prior.

The market has rewarded this infrastructure rollout with a premium utility multiple. At the close of FY2025, NextEra traded at $80.28b per share, commanding a $167.2 billion market cap and a 24.3x price-to-earnings ratio. As the company prepares for its Dominion integration and digests the $1.1 billion acquisition of Symmetry Energy Solutions, it operates from a fortified balance sheet holding $14.8 billion in net available liquidity at the end of Q1 2026.

Recent Developments (Q4 2025 and Q1 2026)

NextEra Energy maintained strong top-line momentum in Q1 2026, driving total operating revenues to $6.70 billionc, up from $6.25 billion in Q1 2025. Earnings per diluted share expanded to $1.04, up from $0.40 a year prior, aided by the absence of a prior-year impairment charge. To fund its vast infrastructure pipeline, the company heavily accessed capital markets, successfully issuing $2.3 billion in equity units and multiple tranches of junior subordinated debentures exceeding $3.75 billion during the spring of 2026. Operations will soon transition under new leadership, with Scott Bores succeeding Armando Pimentel as CEO of Florida Power & Light on May 18, 2026.

Bulls see the company's substantial capital raises as proof of enduring market confidence in its clean-energy growth engine. Conversely, bears might argue the equity is priced for perfection, trading at a steep 29.2x earnings multiple at a share price of $96.25d as of the April 23, 2026 earnings release.

What to watch: the operational transition under new executive leadership at FPL; interest rate impacts on the newly issued variable-rate debentures.

03—Filings

Recent SEC Filings

  1. 8-KNEXTERA ENERGY INC 8-K Report, Financial Results (Oct 21, 2026)NextEra Energy, Inc. (NEE) reported strong third-quarter 2026 financial results, driven by robust performance from both Florida Power & Light (FPL) and NextEra Energy Resources (NEER). FPL demonstrated disciplined capital investments, increasing its regulatory capital employed by 9.2% year-over-year while maintaining low customer bills and high reliability. NextEra Energy Resources significantly expanded its development pipeline, adding 3.7 gigawatts of new renewables and storage. The company also provided an update on its pending combination with Dominion Energy, noting continued progress in regulatory reviews and highlighting the anticipated benefits of the merger. The company reaffirmed its long-term outlook, expecting adjusted earnings per share to grow at a compound annual growth rate of 8%+ through 2032 and continuing at the same rate through 2035. The strong operational execution and strategic advancements position NextEra Energy for continued growth and value creation for shareholders.
  2. 8-KNEXTERA ENERGY INC 8-K Report, Corporate Update (Oct 6, 2026)NextEra Energy (NEE) filed this 8-K on October 6, 2026 to disclose a proposed settlement of a set of shareholder derivative matters, centered on the Davidson v. Silagy action in Palm Beach County Circuit Court. The Court has scheduled a Settlement Hearing for December 14, 2026 at 3:00 p.m. to decide whether to approve the settlement, the attorneys' fee award, and any service awards. The filing attaches the Notice of Pendency (Exhibit 99.1) and the Revised Stipulation of Settlement dated July 29, 2026 (Exhibit 99.2). The economic terms are modest for a company of NEE's size. The Individual Defendants' D&O insurance carriers would pay a $15.5 million Cash Payment to NEE, and NEE would adopt governance reforms for at least four years. Plaintiffs' counsel would receive an all-in fee and expense award of $5.75 million, paid solely out of the Cash Payment, so NEE's net recovery would be roughly $9.75 million before expenses. The defendants deny all wrongdoing, and the settlement contains no admission of liability. NEE itself bears no payment obligation under the stipulation, though it must fund notice costs and implement the governance reforms. The governance reforms focus on political contributions oversight. They include appointing one new independent director with political or legislative experience by the end of 2027, giving the Governance & Nominating Committee oversight of political activity, strengthening the Chief Compliance Officer's reporting, formalizing a disclosure committee charter, expanding hotline reporting, and mandating training. The underlying allegations concern an alleged political influence scheme involving "dark money" funding. This matter is distinct from the securities class action (Jastram), which the filing notes was reversed by the Eleventh Circuit in November 2025 and is now preparing a settlement. Investors should watch the December 14 hearing and the objection deadline noted in the notice.
  3. 8-KNEXTERA ENERGY INC 8-K Report, Regulation FD Disclosure (Sep 14, 2026)On September 14, 2026, NextEra Energy (NEE) furnished an 8-K under Regulation FD announcing an enhanced Virginia benefits package tied to its pending merger with Dominion Energy (D), agreed May 15, 2026. The update is a commitments package rather than a change to the deal's structure: the companies propose extending the $10 monthly residential bill credit from two to four years, redirecting the data-center share of credits to residential customers, adding $100 million to the EnergyShare low-income assistance program through 2038, and reaffirming that customers will be held harmless from merger costs. The package also includes 600 new NextEra jobs and 400 supplier jobs in Virginia, a shareholder-funded co-headquarters tower in Richmond, a $100 million workforce fund, a Virginia Supplier Program of up to $1 billion annually for five years, and a $7 million annual increase in charitable giving. For investors, the direct financial cost to NEE shareholders is not quantified in the filing beyond the stated items (the incremental credit amount, the $100 million EnergyShare increase, the $100 million workforce fund, and $7 million per year in giving), and the companies state that all additional commitments are subject to SCC filing and approval. The filing does not provide a new financial guidance update, a revised transaction value, or a change to the expected timing. The companies continue to expect closing in the second half of 2027, and completion remains subject to regulatory approvals, the Hart-Scott-Rodino waiting period, and other customary conditions. The disclosure is furnished, not filed, under Item 7.01, so it is not subject to Section 18 liability unless specifically incorporated into another filing. It signals management's effort to secure State Corporation Commission and political support for the transaction. Key risks for investors include regulatory conditions that may be attached to approval, the ultimate cost of commitments that are subject to SCC review, and the continued uncertainty over deal completion and timing.
  4. 8-KNEXTERA ENERGY INC 8-K Report, Shareholder Vote Results (Sep 3, 2026)This 8-K filing reports the final voting results from NextEra Energy, Inc.'s (NEE) special shareholder meeting held on September 3, 2026. The primary focus of the meeting was to vote on proposals related to its pending merger with Dominion Energy, Inc. NEE shareholders overwhelmingly approved the issuance of NEE common stock in connection with the merger, a critical step towards completing the transaction. Additionally, shareholders approved an amendment to NEE's articles of incorporation to increase the number of authorized common shares, which is necessary to accommodate the stock issuance for the merger. The overwhelming approval of these key proposals, particularly the share issuance and authorized share increase, signals strong shareholder support for the Dominion Energy merger. This positive outcome removes significant hurdles and advances the timeline for the anticipated combination of the two energy companies. Investors should monitor subsequent filings for further updates on the merger's progress and regulatory approvals.
  5. 8-KNEXTERA ENERGY INC 8-K Report, Corporate Update (Aug 25, 2026)This Form 8-K filing by NextEra Energy, Inc. (NEE) provides supplemental disclosures related to its previously announced Agreement and Plan of Merger with Dominion Energy, Inc. (D). The company is issuing these supplemental disclosures to address demand letters received from purported shareholders who allege deficiencies in the joint proxy statement/prospectus. NextEra Energy asserts that these allegations are without merit and that its disclosures comply with applicable law, but is voluntarily providing this additional information to moot claims and avoid litigation expenses. The supplemental disclosures primarily focus on the "Background of the Mergers" section, adding details about a prior non-disclosure and standstill agreement, and significantly expand the "Opinions of NextEra Energy's Financial Advisors" section. These expansions include more granular data and methodologies used by Lazard Frères & Co. LLC, BofA Securities, Inc., Goldman Sachs & Co. LLC, and J.P. Morgan Securities LLC in their financial analyses of both NextEra Energy and Dominion Energy. The financial analyses cover sum-of-the-parts valuations, company comparables, precedent transactions, and discounted cash flow models, providing investors with a more detailed view of the financial justifications for the merger.
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04—See also

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