NextEra Energy (NEE) FY2024 results: revenue $24.8 billion, down 12.0% on the year
NextEra Energy Inc. (NEE) reported revenue of $24.8 billion for fiscal 2024, the year ended 31 December 2024, down 12.0% on the year before. Net income was $6.9 billion, down 5.0%, and diluted earnings per share $3.37. The figures are the company's own, from the 10-K it filed with the SEC on 14 February 2025.
Revenue
$24.8 billion
-12.0% on the year
FY2017FY2024
Operating margin
30.2%
36.4% a year earlier
FY2017FY2024
Net income
$6.9 billion
-5.0% on the year
FY2017FY2024
Diluted EPS
$3.37
-6.4% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
13,260
11,301
8,262
+17.3%
Cash from investing
-22,264
-23,467
-18,359
Cash from financing
7,000
12,149
12,229
-42.4%
Depreciation and amortisation
5,462
5,879
4,503
-7.1%
Share-based compensation
138
139
142
-0.7%
Dividends paid
4,235
3,782
3,352
+12.0%
Dividend per share
$2.06
$1.87
$1.70
+10.2%
Diluted shares, weighted
2,059m
2,031m
1,979m
+1.4%
Shares outstanding at period end
2,057m
2,052m
1,987m
+0.2%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
50,101
47,468
39,229
+5.5%
Non-controlling interest
10,359
10,300
9,097
+0.6%
Redeemable equity
401
1,256
1,110
-68.1%
Debt
82,333
73,211
64,966
+12.5%
Other liabilities
46,950
45,254
44,533
+3.7%
Total liabilities and equity
190,144
177,489
158,935
+7.1%
Fixed assets
138,852
125,776
111,059
+10.4%
Goodwill
4,866
5,091
4,854
-4.4%
Intangible assets
1,578
1,556
623
+1.4%
Cash and equivalents
1,487
2,690
1,601
-44.7%
Receivables
3,336
3,609
4,349
-7.6%
Inventory
2,214
2,106
1,934
+5.1%
Other assets
37,811
36,661
34,515
+3.1%
Total assets
190,144
177,489
158,935
+7.1%
10-K for the year ended 31 December 2024, filed 14 February 2025: the filing.