How does NEE's 2024 earnings compare to industry peers?
3/28/2025 08:19pm
Nextera (NEE) outperformed its industry peers in terms of revenue, but not in terms of net income. Here are the key takeaways:
1. **Revenue Comparison**:
- Nextera (NEE): $5.39 billion
- Duke Energy (DUK): $7.36 billion
- The Southern (SO): $6.34 billion
- Constellation Energy (CEG): $5.38 billion
- American Electric (AEP): $4.7 billion
- Nextera's revenue is higher than American Electric's, but lower than Duke Energy's.
2. **Net Income Comparison**:
- Nextera (NEE): $873 million
- Duke Energy (DUK): $1.23 billion
- Constellation Energy (CEG): $850 million
- American Electric (AEP): $665.9 million
- The Southern (SO): $466 million
- Duke Energy leads in net income, followed by Constellation Energy and American Electric. Nextera's net income is higher than The Southern's.
In summary, while Nextera has a strong revenue base and a respectable net income, its net income is lower than that of Duke Energy, which is the top performer in the industry based on net income.