Snapshot
Nextera Energy Inc reported $6.50B of revenue in Q4 2025, up 20.7% year over year, with diluted EPS of $0.73 and an operating margin of 24.4%.
- Revenue
- $6.50B
- YoY growth
- +20.7%
- Diluted EPS
- $0.73
- Operating margin
- 24.4%
$6.50B
Revenue
+20.7%
YoY growth
$0.73
Diluted EPS
24.4%
Operating margin
01 Key takeaways
What management said
- •Our expectations are to grow adjusted earnings per share at a compound annual growth rate of 8%+ through 2032, and we are targeting the same from 2032 through 2035, all off the 2025 base.
- •Importantly, our forecast to growth is visible and balanced between our regulated and long-term contracted businesses.
- •FPL expects to invest between $90 billion and $100 billion through 2032, primarily to support Florida's growth, while continuing its track record of keeping customer bills low and reliability high.
- •FPL expects typical residential customer bills to increase only about 2% annually between 2025 and 2029, which is lower than the current inflation rate of about 3%.
- •The four-year rate agreement also provides an allowed midpoint regulatory return on equity of 10.95%, with a range of 9.95% to 11.95%.
- •For context, every gigawatt is equivalent to roughly $2 billion of CapEx and earns the same return on equity as other FPL investments.
- •Florida leads the nation in key economic indicators like income migration, manufacturing, job growth, and corporate headquarter relocations.
- •A diverse set of high-growth industries is bringing new businesses to the state, from the Space Coast to Miami and all across Florida.
- •NextEra Energy Transmission is one of America's leading independent electric transmission companies, with total regulated and secure capital of $8 billion.
- •Energy Resources has ownership interests in more than 1,000 miles of FERC-regulated pipelines, a portfolio with organic expansion opportunities.
- •For example, Mountain Valley Pipeline has multiple ways to grow and is ideally positioned to bring gas from the Marcellus Shale even further into the Southeast, where gas demand is already high.
- •Energy Resources had another record year originating new long-term contracted generation and storage projects.
SourcesCompany financials · earnings call
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