NextEra Energy, Inc. (NEE) Valuation

Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)

NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to over 6 million customer accounts in Florida and owns 36...

NextEra Energy, Inc. (NEE) currently trades at a P/E ratio of 17.90 (historical range: 13.07–117.28, median: 25.14), placing it at the 16th percentile — cheap relative to its history, P/S ratio of 5.80 (range: 3.64–10.95, 32th percentile — below its historical average), EV/EBITDA of 31.99 (range: 16.75–151.13, 49th percentile).

Over the historical period (2021-09-14 to 2026-10-16), NextEra Energy, Inc.'s P/E ratio has contracted by 45% over the observed period (from an average of 42.6 to 23.6).

NextEra Energy, Inc. trades below its historical valuation range, with most metrics below their median levels.

Historical Valuation Metrics

MetricCurrentMedian%ileAssessment
P/E Ratio17.9025.1416thcheap relative to its history
P/S Ratio5.806.3232thbelow its historical average
EV/EBITDA31.9932.3249thnear its historical average
Current Price: $79.77
Market Cap: $166.4B
Sector: Utilities

NextEra Energy, Inc. (NEE) Valuation & P/E History

NextEra Energy, Inc. (NEE) is a US-listed stock operating in the Utilities sector, specifically the Electric Services industry currently trading at $79.77 with a market capitalization of $166.4 billion. This page provides historical valuation analysis for NEE based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 17.90 is below the historical median of 25.14, placing NEE at the 16th percentile of its valuation range. The P/S ratio of 5.80 compares to a median of 6.32.

NEE Valuation Metrics & Historical Range

The valuation table above shows NextEra Energy, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether NEE is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests NEE is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for NextEra Energy, Inc..
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is NEE Overvalued or Undervalued?

NextEra Energy, Inc. trades below its historical valuation range, with most metrics below their median levels. The overall valuation percentile of 32 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive NEE is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full NEE analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.NEE trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

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