Company

NextEra Energy

Official Name: NextEra Energy, Inc.

Headquarters: Juno Beach, FL, United States

Founded: 1984

Employees: 15,000

CEO: Mr. John W. Ketchum

NYSE: NEE +0.19%

Market Cap

$127.19 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

NextEra Energy, Inc. is an electric utility company particularly involved in renewable energies. Tracing its history to 1925, NextEra Energy is the world’s largest utility company, operating the world’s largest generator of wind and solar renewable energy, together with natural gas, nuclear energy, and oil power plants through its subsidiaries. It distributes power to 5 million customers throughout the United States and Canada.

NextEra Energy market capitalization over time

Evolution of NextEra Energy, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of NextEra Energy, Inc.

Detailed Description

NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, and natural gas facilities. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2021, the company had approximately 28,564 megawatts of net generating capacity; approximately 77,000 circuit miles of transmission and distribution lines; and 696 substations. It serves approximately 11 million people through approximately 5.7 million customer accounts in 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. The company was founded in 1925 and is headquartered in Juno Beach, Florida.

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Product & Services

Electricity

Key People

James L. Robo (President and CEO of N E E and Chairman of F P L) John W. Ketchum (Executive Vice President, Finance and CFO of N E E and F P L) Eric E. Silagy (President and CEO of F P L)

Financials

Revenue: US$ 19.20 billion (2019)US$ 16.73 billion (2018)

Operating income: US$ 5.35 billion (2019)US$ 4.28 billion (2018)

Net income: US$ 3.39 billion (2019)US$ 5.78 billion (2018)


Total assets: US$ 117.7 billion (2019)US$ 103.7 billion (2018)

Total equity: US$ 41.4 billion (2019)US$ 37.4 billion (2018)

Details

Headquarters:

700 Universe Boulevard

Juno Beach, FL 33408

United States

Phone: 561-694-4000