Is NextEra Energy Inc. (NEE) Stock Undervalued or Overvalued?
Trailing-twelve-month multiples vs Utilities sector peers in our coverage
We don’t have enough peer data to compute a reliable sector comparison for NEE right now.
NEE has negative trailing-twelve-month earnings, so a P/E ratio isn't meaningful — we compare on price-to-sales instead.
The Numbers
P/E (TTM)
—
Sector avg: —
P/S (TTM)
—
Sector avg: —
Market Cap
$184.89B
EPS (TTM): —
Revenue (TTM)
—
Net income: —
Is the Multiple Justified?
July 12, 2026NextEra Energy Inc. currently shows negative trailing twelve-month (TTM) earnings, which renders a traditional P/E multiple inapplicable and P/S also not available. However, recent financial disclosures provide a more nuanced picture. The company reported strong first-quarter 2026 results, with GAAP net income of $2.182 billion and adjusted earnings per share (EPS) increasing 10% year-over-year to $1.09, surpassing analyst expectations. This performance was driven by robust contributions from both its regulated utility, Florida Power & Light, and its renewable energy segment, NextEra Energy Resources, which achieved a record quarter for new renewables and storage origination. NextEra Energy has reaffirmed its long-term adjusted EPS growth target of 8%+ annually through 2035, supported by significant capital investments in energy infrastructure and a growing renewables backlog. The reported negative TTM earnings may reflect specific non-recurring charges or accounting adjustments in prior periods, contrasting with the company's positive adjusted earnings and optimistic forward guidance.
Frequently Asked Questions
Is NEE overvalued or undervalued?
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Methodology
Multiples are computed from trailing-twelve-month fundamentals (from company filings) and the latest share price: P/E is price ÷ diluted EPS, and P/S is market cap ÷ revenue. Sector averages use the Utilities names in our 50-stock coverage with positive earnings — a deliberately like-for-like, if imperfect, benchmark.
Stocks with negative trailing earnings are compared on price-to-sales instead. Multiples update with prices and fundamentals; AI context refreshes weekly.
Not Financial Advice
This page is for education and information only. Indicators are mechanical calculations, AI commentary can contain errors, and nothing here is a recommendation to buy or sell any security. Do your own research and consider consulting a qualified financial advisor. See our full disclaimer.