NextEra Energy (NEE) FY2022 results: revenue $23.0 billion, up 22.3% on the year
NextEra Energy Inc. (NEE) reported revenue of $23.0 billion for fiscal 2022, the year ended 31 December 2022, up 22.3% on the year before. Net income was $4.1 billion, up 16.1%, and diluted earnings per share $2.10. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2023.
Revenue
$23.0 billion
+22.3% on the year
FY2015FY2022
Operating margin
17.7%
15.5% a year earlier
FY2015FY2022
Net income
$4.1 billion
+16.1% on the year
FY2015FY2022
Diluted EPS
$2.10
+16.0% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
8,262
7,553
7,983
+9.4%
Cash from investing
-18,359
-13,591
-13,699
Cash from financing
12,229
5,807
6,174
+110.6%
Depreciation and amortisation
4,503
3,924
4,052
+14.8%
Share-based compensation
142
119
107
+19.3%
Dividends paid
3,352
3,024
2,743
+10.8%
Dividend per share
$1.70
$1.54
$1.40
+10.4%
Diluted shares, weighted
1,979m
1,972m
1,969m
+0.3%
Shares outstanding at period end
1,987m
1,963m
1,960m
+1.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
39,229
37,202
36,513
+5.4%
Non-controlling interest
9,097
8,222
8,416
+10.6%
Redeemable equity
1,110
245
0.0
+353.1%
Debt
64,966
54,827
48,091
+18.5%
Other liabilities
44,533
40,416
34,664
+10.2%
Total liabilities and equity
158,935
140,912
127,684
+12.8%
Fixed assets
111,059
99,348
91,803
+11.8%
Goodwill
4,854
4,844
4,254
+0.2%
Intangible assets
623
606
558
+2.8%
Cash and equivalents
1,601
639
1,105
+150.5%
Receivables
4,349
3,378
2,263
+28.7%
Inventory
1,934
1,561
1,552
+23.9%
Other assets
34,515
30,536
26,149
+13.0%
Total assets
158,935
140,912
127,684
+12.8%
10-K for the year ended 31 December 2022, filed 17 February 2023: the filing.