Aureus
COkay

NextEra Energy, Inc.(NEE)

C

Financial data as of Dec 31, 2025Improving · Utilities

FCF Margin11.7%Free Cash Flow / Revenue
Cash Conversion182.7%Operating CF / Net Income
Free Cash Flow$3.2B
Revenue$27.4B
Net Cash-$92.8BNet debt position
Debt / FCF29.8xElevated debt burden
Current Ratio0.60Tight short-term liquidity
YoY FCF Growth+99.3%5 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseA
→
-2Extreme debt-to-FCF ratio (29.8x)
→
-1Current ratio below 1.0 (0.60)
→
+1Strong YoY FCF growth (99.3% YoY)
→
-0.5Highly volatile FCF (consistency: 0.84)
→
FinalC

Analysis Summary

Strengths

  • Healthy FCF margin (11.7%)
  • Excellent cash conversion (183%)
  • Strong YoY FCF growth (+99.3%)

Concerns

  • Heavy debt position ($92.8B net debt, 29.8x FCF)
  • High debt-to-FCF ratio (29.8x)
  • Current ratio below 1.0 — tight short-term liquidity
  • Highly volatile quarterly FCF

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin11.7%
Net Margin24.9%
Operating CF Margin45.5%
CapEx Ratio33.8%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$92.8BNet debt position
Debt / FCF29.8xElevated debt burden
Current Ratio0.60Tight liquidity
Debt / Equity1.75Moderate leverage

Quarterly FCF Trend

+99.3% YoYImproving (+99.3%)

Free cash flow per quarter

Sector Comparison — Utilities

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NameNextEra Energy, Inc.
SectorUtilities
Free Cash Flow$3.2B
Revenue$27.4B
Net Income$6.8B
Operating Cash Flow$12.5B
Capital Expenditure$9.3B
FCF Margin11.7%
Cash Conversion Rate182.7%
Net Margin24.9%
Total Debt$95.6B
Total Cash$2.8B
Net Cash-$92.8B
Current Ratio0.60
Debt / Equity1.75
Debt / FCF29.8x
YoY FCF Growth+99.3%
Positive Quarters5 of 5
Trend DirectionImproving
Report DateDec 31, 2025
GradeC
Data SourceYahoo Finance