NextEra Energy (NEE) FY2021 results: revenue $18.8 billion, up 4.5% on the year
NextEra Energy Inc. (NEE) reported revenue of $18.8 billion for fiscal 2021, the year ended 31 December 2021, up 4.5% on the year before. Net income was $3.6 billion, up 22.4%, and diluted earnings per share $1.81. The figures are the company's own, from the 10-K it filed with the SEC on 18 February 2022.
Revenue
$18.8 billion
+4.5% on the year
FY2014FY2021
Operating margin
15.5%
28.4% a year earlier
FY2014FY2021
Net income
$3.6 billion
+22.4% on the year
FY2014FY2021
Diluted EPS
$1.81
+22.3% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
7,553
7,983
8,155
-5.4%
Cash from investing
-13,591
-13,699
-16,177
Cash from financing
5,807
6,174
3,873
-5.9%
Depreciation and amortisation
3,924
4,052
4,216
-3.2%
Share-based compensation
119
107
100
+11.2%
Dividends paid
3,024
2,743
2,408
+10.2%
Dividend per share
$1.54
$1.40
$1.25
+10.0%
Diluted shares, weighted
1,972m
1,969m
1,942m
+0.2%
Shares outstanding at period end
1,963m
1,960m
1,956m
+0.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
37,202
36,513
37,005
+1.9%
Non-controlling interest
8,222
8,416
4,355
-2.3%
Redeemable equity
245
0.0
487
Debt
54,827
48,091
42,583
+14.0%
Other liabilities
40,416
34,664
33,261
+16.6%
Total liabilities and equity
140,912
127,684
117,691
+10.4%
Fixed assets
99,348
91,803
82,010
+8.2%
Goodwill
4,844
4,254
4,204
+13.9%
Intangible assets
606
558
417
+8.6%
Cash and equivalents
639
1,105
600
-42.2%
Receivables
3,378
2,263
2,282
+49.3%
Inventory
1,561
1,552
1,328
+0.6%
Other assets
30,536
26,149
26,850
+16.8%
Total assets
140,912
127,684
117,691
+10.4%
10-K for the year ended 31 December 2021, filed 18 February 2022: the filing.