Nextera Energy Inc. (NEE) stock — is it a good business?

Nextera Energy Inc. (NEE) stock — is it a good business? — InspectStocks

How it makes money

Florida Power & Light electricity service67%
NextEra Energy Resources generation, transmission, and customer supply33%

Shares of revenue are estimates for quarter ended September 30, 2025, not figures from a filing.

Competes with

What it sells6

Florida retail electricity
Electricity generated and delivered by FPL to households, businesses, and other customers in its Florida service area.
Wholesale electricity and capacity
Electricity and guaranteed availability of power sold to utilities, electricity providers, cooperatives, municipalities, and businesses.
Wind and solar power
Electricity from wind and solar plants, usually sold under long-term contracts.

Show 3 more

Battery storage
Stored electricity supplied to the grid or customers, either alongside power plants or from standalone battery sites.
Electric and natural gas transmission
Transmission lines and gas pipelines that carry electricity and natural gas; electric transmission revenue is generally earned under regulated rates.
Energy supply and trading services
Power, natural gas, and related supply and risk-management services for utilities and other wholesale customers.

Who buys it4

FPL serves households, businesses, and other retail customers in Florida, which generally receive electricity through their local utility accounts.
FPL sells electricity to a limited number of wholesale customers in Florida.
NEER sells power, capacity, and related services to utilities, electricity providers, power cooperatives, and municipal electric providers, often through long-term contracts.
NEER also serves commercial and industrial businesses, including customers seeking power supply, natural gas, or energy risk-management services.

What it stands on, and what could break it

What the business leans on

1FPL relies on state and federal regulators to approve its retail and wholesale rates and to determine which costs it may recover from customers.
2FPL's Florida retail service depends in part on municipal and county franchise agreements and access to public rights-of-way.
3FPL and NEER rely on natural gas supply and transportation, nuclear fuel supply, and access to electricity transmission systems to generate and deliver power.
4NEER's project economics can depend on long-term customer contracts and on tax credits and other government incentives for qualifying energy projects.
5NextEra Energy and its subsidiaries use credit and capital markets to help fund construction, acquisitions, and other business needs.

What could go wrong

1Regulators may set rates or decide cost recovery in ways that prevent FPL or other regulated businesses from recovering all costs or earning the returns allowed for their investments.
2Changes to clean-energy tax incentives, environmental rules, or permitting requirements could raise project costs, delay construction, or prevent some projects from proceeding.
3Severe weather, equipment outages, or interruptions to fuel and power transportation could limit the company's ability to generate or deliver electricity and could increase restoration or replacement-power costs.

Full financial statements →

About Nextera Energy Inc.

NextEra Energy operates Florida Power & Light (FPL), which generates electricity and delivers it to homes and businesses in Florida. Its other main business, NextEra Energy Resources (NEER), builds and operates power plants and battery storage, sells electricity to utilities and businesses, and owns regulated electric transmission assets. NEER also supplies and trades natural gas and power.

Head office: Juno Beach, Florida
Founded: 1925
Employees: approximately 17,400 (December 31, 2025, high)
Listed on: NYSE
Financial year ends: December 31

Built from Nextera Energy Inc.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Keep exploring

The themes Nextera Energy is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The themes it is part of

Highest-graded in Utilities Regulated Electric

Graded A or B and worth $2B or more: A first, then the largest.

Grade rose recently in Utilities

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

How it makes money

Florida Power & Light electricity service67%
NextEra Energy Resources generation, transmission, and customer supply33%

Shares of revenue are estimates for quarter ended September 30, 2025, not figures from a filing.

Competes with

What it sells6

Florida retail electricity
Electricity generated and delivered by FPL to households, businesses, and other customers in its Florida service area.
Wholesale electricity and capacity
Electricity and guaranteed availability of power sold to utilities, electricity providers, cooperatives, municipalities, and businesses.
Wind and solar power
Electricity from wind and solar plants, usually sold under long-term contracts.

Show 3 more

Battery storage
Stored electricity supplied to the grid or customers, either alongside power plants or from standalone battery sites.
Electric and natural gas transmission
Transmission lines and gas pipelines that carry electricity and natural gas; electric transmission revenue is generally earned under regulated rates.
Energy supply and trading services
Power, natural gas, and related supply and risk-management services for utilities and other wholesale customers.

Who buys it4

FPL serves households, businesses, and other retail customers in Florida, which generally receive electricity through their local utility accounts.
FPL sells electricity to a limited number of wholesale customers in Florida.
NEER sells power, capacity, and related services to utilities, electricity providers, power cooperatives, and municipal electric providers, often through long-term contracts.
NEER also serves commercial and industrial businesses, including customers seeking power supply, natural gas, or energy risk-management services.

What it stands on, and what could break it

What the business leans on

1FPL relies on state and federal regulators to approve its retail and wholesale rates and to determine which costs it may recover from customers.
2FPL's Florida retail service depends in part on municipal and county franchise agreements and access to public rights-of-way.
3FPL and NEER rely on natural gas supply and transportation, nuclear fuel supply, and access to electricity transmission systems to generate and deliver power.
4NEER's project economics can depend on long-term customer contracts and on tax credits and other government incentives for qualifying energy projects.
5NextEra Energy and its subsidiaries use credit and capital markets to help fund construction, acquisitions, and other business needs.

What could go wrong

1Regulators may set rates or decide cost recovery in ways that prevent FPL or other regulated businesses from recovering all costs or earning the returns allowed for their investments.
2Changes to clean-energy tax incentives, environmental rules, or permitting requirements could raise project costs, delay construction, or prevent some projects from proceeding.
3Severe weather, equipment outages, or interruptions to fuel and power transportation could limit the company's ability to generate or deliver electricity and could increase restoration or replacement-power costs.

Full financial statements →

About Nextera Energy Inc.

Head office: Juno Beach, Florida
Founded: 1925
Employees: approximately 17,400 (December 31, 2025, high)
Listed on: NYSE
Financial year ends: December 31

How it makes money

Competes with

What it sells6

Who buys it4

What it stands on, and what could break it

What the business leans on

What could go wrong

About Nextera Energy Inc.

Keep exploring

The themes it is part of

Highest-graded in Utilities Regulated Electric

Grade rose recently in Utilities

How it makes money

Competes with

What it sells6

Who buys it4

What it stands on, and what could break it

What the business leans on

What could go wrong

About Nextera Energy Inc.

Keep exploring

The themes it is part of

Highest-graded in Utilities Regulated Electric

Grade rose recently in Utilities

Nextera Energy Inc.

Utilities

AI power & data-centre infrastructure

Earnings & book value — 5 of 5

Business trend

Share price and grade over time

How it makes money

Competes with

What it sells6

Who buys it4

What it stands on, and what could break it

What the business leans on

What could go wrong

About Nextera Energy Inc.

Keep exploring

The themes it is part of

Highest-graded in Utilities Regulated Electric

Grade rose recently in Utilities

How it makes money

Competes with

What it sells6

Who buys it4

What it stands on, and what could break it

What the business leans on

What could go wrong

About Nextera Energy Inc.

Keep exploring

The themes it is part of

Highest-graded in Utilities Regulated Electric

Grade rose recently in Utilities

Nextera Energy Inc.

Past performance

Utilities

AI power & data-centre infrastructure

Earnings & book value — 5 of 5

Business trend

Share price and grade over time