NextEra Energy (NEE) FY2015 results: revenue $17.5 billion, up 2.7% on the year
NextEra Energy Inc. (NEE) reported revenue of $17.5 billion for fiscal 2015, the year ended 31 December 2015, up 2.7% on the year before. Net income was $2.8 billion, up 11.6%, and diluted earnings per share $1.51. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2016.
Revenue
$17.5 billion
+2.7% on the year
FY2008FY2015
Operating margin
26.5%
25.8% a year earlier
FY2008FY2015
Net income
$2.8 billion
+11.6% on the year
FY2008FY2015
Diluted EPS
$1.51
+8.2% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
17,486
17,021
15,136
+2.7%
Operating income
4,632
4,384
3,241
+5.7%
Operating margin
26.5%
25.8%
21.4%
Pre-tax income
3,990
3,645
2,454
+9.5%
Income tax
1,228
1,176
777
+4.4%
Effective tax rate
30.8%
32.3%
31.7%
Net income
2,752
2,465
1,908
+11.6%
Net margin
15.7%
14.5%
12.6%
Diluted EPS
$1.51
$1.40
$1.12
+8.2%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
6,089
5,500
5,102
+10.7%
Cash from investing
-8,005
-6,361
-6,123
Cash from financing
1,897
1,000
1,130
+89.7%
Depreciation and amortisation
2,831
2,551
2,163
+11.0%
Share-based compensation
60.0
60.0
67.0
0.0%
Buybacks
n/a
0.0
0.0
Dividends paid
1,385
1,261
1,122
+9.8%
Dividend per share
$0.77
$0.72
$0.66
+6.2%
Diluted shares, weighted
1,816m
1,760m
1,708m
+3.2%
Shares outstanding at period end
1,844m
1,772m
1,740m
+4.1%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
22,574
19,916
18,040
+13.3%
Non-controlling interest
538
252
0.0
+113.5%
Debt
29,687
28,701
28,426
+3.4%
Other liabilities
29,680
25,736
22,541
+15.3%
Total liabilities and equity
82,479
74,605
69,007
+10.6%
Fixed assets
61,386
55,705
52,720
+10.2%
Goodwill
778
147
149
+429.3%
Intangible assets
1,064
362
91.0
+193.9%
Cash and equivalents
571
577
438
-1.0%
Receivables
1,784
1,805
1,777
-1.2%
Inventory
1,259
1,292
1,153
-2.6%
Other assets
15,637
14,717
12,679
+6.3%
Total assets
82,479
74,605
69,007
+10.6%
10-K for the year ended 31 December 2015, filed 22 February 2016: the filing.