NextEra Energy, Inc. (NEE) — Free Cash Flow Yield
Utilities
NextEra Energy, Inc., through its subsidiaries, generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America. It operates through Florida Power & Light Company (FPL) and NEER segments. The company generates electricity from wind, solar, nuclear, natural gas, and other clean energy assets. It also invests in generation, storage, transmission, and distribution facilities; owns, develops, constructs, manages, and operates generation facilities, including renewables, nuclear and natural gas, and battery storage facilities in the wholesale energy market in the United States and Canada, as well as electric and gas transmission assets, and natural gas pipelines; provides full energy and capacity requirement services; markets and trades in energy-related commodities; and participates in the production of natural gas, natural gas liquids, and oil. As of December 31, 2025, the company had approximately 35,963 megawatts of net generating capacity; approximately 93,000 circuit miles of transmission and distribution lines; and 932 substations. It serves approximately 12 million people through approximately 6 million customer accounts on the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.
| Metric | Value |
|---|---|
| FCF Yield | 1.8% |
| Utilities Sector Avg FCF Yield | -4.3% |
| Annual Free Cash Flow | $3.2B |
| Market Cap | $179.8B |
| P/E Ratio | 19.4x |
NextEra Energy, Inc.'s FCF yield of 1.8% is above the Utilities sector average (-4.3%).
Frequently Asked Questions
What is NextEra Energy, Inc.'s (NEE) free cash flow yield?
NextEra Energy, Inc.'s (NEE) free cash flow yield is 1.8%. That is above the Utilities sector average (-4.3%).
Is NEE's free cash flow yield good?
At 1.8%, NEE's free cash flow yield is considered weak — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.
How much free cash flow does NextEra Energy, Inc. generate?
NextEra Energy, Inc. generated $3.2B in free cash flow, against a market cap of $179.8B.
How is free cash flow yield calculated?
Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.
Data from public filings. Not investment advice. Calculate your own FCF yield →