Stock NEP NEXTERA ENERGY PARTNERS, LP
Add to a list
To use this feature you must be a member
Log inSign up

Financials NextEra Energy Partners, LP

Equities

NEP

US65341B1061

Electric Utilities

Market Closed - Nyse
Other stock markets
 04:00:02 2024-04-26 pm EDT 		5-day change 1st Jan Change
28.93 USD -0.89% Intraday chart for NextEra Energy Partners, LP +6.60% -4.87%
Apr. 23 Sector Update: Energy Stocks Rise in Late Tuesday Afternoon Trading MT
Apr. 23 Sector Update: Energy MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,202 4,895 7,079 6,065 2,841 2,706 - -
Enterprise Value (EV) 1 7,218 8,175 12,259 11,118 8,856 8,226 8,885 8,906
P/E ratio -34.9 x -82.8 x 47.7 x 12.5 x 13.9 x 8.87 x 15.2 x 13 x
Yield 3.87% 3.67% 3.35% 4.42% 11.3% 12.5% 13.1% 13.7%
Capitalization / Revenue 3.75 x 5.34 x 7.21 x 5.01 x 2.64 x 2.04 x 1.83 x 1.78 x
EV / Revenue 8.44 x 8.91 x 12.5 x 9.18 x 8.22 x 6.19 x 6 x 5.85 x
EV / EBITDA 6.54 x 6.47 x 9.01 x 6.74 x 4.72 x 4.1 x 4.38 x 4.35 x
EV / FCF -3.49 x 24.7 x 21.7 x -19.3 x -16.5 x 3.81 x 7.88 x 14.9 x
FCF Yield -28.7% 4.05% 4.6% -5.17% -6.07% 26.2% 12.7% 6.7%
Price to Book 1.58 x 2.16 x 2.38 x 1.82 x 0.78 x 0.93 x 1.47 x 1.82 x
Nbr of stocks (in thousands) 60,824 73,001 83,873 86,535 93,433 93,539 - -
Reference price 2 52.65 67.05 84.40 70.09 30.41 28.93 28.93 28.93
Announcement Date 1/24/20 1/26/21 1/25/22 1/25/23 1/25/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 855 917 982 1,211 1,078 1,329 1,480 1,524
EBITDA 1 1,104 1,263 1,360 1,650 1,875 2,004 2,029 2,049
EBIT 1 233 253 234 197 -28 162.6 348.5 505.1
Operating Margin 27.25% 27.59% 23.83% 16.27% -2.6% 12.24% 23.55% 33.15%
Earnings before Tax (EBT) 1 -430 -257 472 1,292 -257 207.1 373.2 462.5
Net income 1 -88 -55 137 477 200 304.6 135.7 134.4
Net margin -10.29% -6% 13.95% 39.39% 18.55% 22.93% 9.17% 8.82%
EPS 2 -1.510 -0.8100 1.770 5.620 2.180 3.260 1.907 2.220
Free Cash Flow 1 -2,069 331 564 -575 -538 2,159 1,128 596.6
FCF margin -241.99% 36.1% 57.43% -47.48% -49.91% 162.49% 76.21% 39.16%
FCF Conversion (EBITDA) - 26.21% 41.47% - - 107.71% 55.6% 29.12%
FCF Conversion (Net income) - - 411.68% - - 708.68% 831.01% 443.95%
Dividend per Share 2 2.038 2.460 2.830 3.095 3.444 3.614 3.801 3.962
Announcement Date 1/24/20 1/26/21 1/25/22 1/25/23 1/25/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 232 281 362 302 266 301 350 367 232 257 365.7 363.4 308 351.7 393.7
EBITDA 1 322 412 500 377 360 447 486 488 454 462 525.6 516.4 480.9 480.6 538.5
EBIT 1 23 34 133 49 -18 3 64 73 -53 -21 92.7 105 89.1 87.9 100.9
Operating Margin 9.91% 12.1% 36.74% 16.23% -6.77% 1% 18.29% 19.89% -22.84% -8.17% 25.35% 28.89% 28.93% 24.99% 25.63%
Earnings before Tax (EBT) 1 -45 383 621 277 12 -185 108 163 -238 22 54.9 101.4 59.7 - -
Net income 1 -10 144 219 79 35 -14 49 53 112 70 69 93.95 71.7 28.9 43.16
Net margin -4.31% 51.25% 60.5% 26.16% 13.16% -4.65% 14% 14.44% 48.28% 27.24% 18.87% 25.85% 23.28% 8.22% 10.96%
EPS 2 -0.1200 1.720 2.610 0.9300 0.4000 -0.1700 0.5300 0.5700 1.200 0.7500 0.7350 1.005 0.7650 0.5800 0.4620
Dividend per Share 2 0.7075 0.7325 0.7625 0.7875 0.8125 0.8425 0.8540 - 0.8800 - 0.8966 0.9092 0.9183 0.9294 0.9458
Announcement Date 1/25/22 4/21/22 7/22/22 10/28/22 1/25/23 4/25/23 7/25/23 10/24/23 1/25/24 4/23/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,016 3,280 5,180 5,053 6,015 5,520 6,179 6,200
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.638 x 2.597 x 3.809 x 3.062 x 3.208 x 2.754 x 3.046 x 3.026 x
Free Cash Flow 1 -2,069 331 564 -575 -538 2,159 1,128 597
ROE (net income / shareholders' equity) -3.89% -2.42% 5.14% 15.1% 5.8% 1.02% 0.7% -
ROA (Net income/ Total Assets) -0.81% -0.44% 0.87% 2.27% 0.88% 0.8% -0.17% -1.1%
Assets 1 10,831 12,410 15,756 21,015 22,782 38,010 -78,689 -12,217
Book Value Per Share 2 33.30 31.00 35.50 38.40 39.00 31.10 19.70 15.90
Cash Flow per Share 4.560 9.720 8.750 9.140 7.980 - - -
Capex 1 93 334 113 1,351 1,269 147 160 53
Capex / Sales 10.88% 36.42% 11.51% 111.56% 117.72% 11.03% 10.8% 3.48%
Announcement Date 1/24/20 1/26/21 1/25/22 1/25/23 1/25/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for NextEra Energy Partners, LP

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
28.93 USD
Average target price
34.41 USD
Spread / Average Target
+18.95%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Electric Utilities

1st Jan change Capi.
NEXTERA ENERGY PARTNERS, LP Stock NextEra Energy Partners, LP
-4.87% 2.71B
NEXTERA ENERGY Stock NextEra Energy
+8.64% 136B
SOUTHERN COMPANY Stock Southern Company
+4.41% 80.06B
IBERDROLA, S.A. Stock Iberdrola, S.A.
-2.19% 77.98B
DUKE ENERGY CORPORATION Stock Duke Energy Corporation
+0.69% 75.38B
ENEL S.P.A. Stock Enel S.p.A.
-8.92% 66.47B
CONSTELLATION ENERGY CORPORATION Stock Constellation Energy Corporation
+61.15% 59.36B
AMERICAN ELECTRIC POWER COMPANY, INC. Stock American Electric Power Company, Inc.
+4.97% 44.9B
DOMINION ENERGY, INC. Stock Dominion Energy, Inc.
+7.34% 42.26B
GE VERNOVA INC. Stock GE Vernova Inc.
0.00% 41.94B
Other Electric Utilities
  1. Stock Market
  2. Equities
  3. NEP Stock
  4. Financials NextEra Energy Partners, LP