Nextera Historical Income Statement

NEP Stock

USD 16.43 0.55 3.24%

Historical analysis of Nextera Energy income statement accounts such as Gross Profit of 478.5 M can show how well Nextera Energy Partners performed in making a profits. Evaluating Nextera Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nextera Energy's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Nextera Energy Partners latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nextera Energy Partners is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextera Energy Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Nextera Stock, please use our How to Invest in Nextera Energy guide.

About Nextera Income Statement Analysis

Nextera Energy Partners Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Nextera Energy shareholders. The income statement also shows Nextera investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Nextera Energy Income Statement Chart

At this time, Nextera Energy's Depreciation And Amortization is relatively stable compared to the past year. As of 11/17/2024, Net Income Applicable To Common Shares is likely to grow to about 576 M, while Gross Profit is likely to drop slightly above 478.5 M.

Total Revenue Gross Profit Other Operating Expenses Ebit Ebitda Income Tax Expense

Total Revenue

Total revenue comprises all receipts Nextera Energy Partners generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Nextera Energy Partners minus its cost of goods sold. It is profit before Nextera Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nextera Energy Partners. It is also known as Nextera Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Nextera Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nextera Energy Partners current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextera Energy Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Nextera Stock, please use our How to Invest in Nextera Energy guide.At this time, Nextera Energy's Depreciation And Amortization is relatively stable compared to the past year. As of 11/17/2024, Net Income Applicable To Common Shares is likely to grow to about 576 M, while Gross Profit is likely to drop slightly above 478.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	47M	853M	394M	320.6M
Depreciation And Amortization	405M	573M	635M	666.8M

Interest Expense Depreciation And Amortization

Nextera Energy income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Non Operating Income Net Other	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.48	0.64	0.52	0.74	-0.36	-0.44	0.41	0.73	0.25	0.12	0.12	0.52	0.03	0.88	0.36	-0.47	0.05	0.78	0.62	0.34	0.91
Interest Expense	0.48		0.72	0.66	0.73	0.17	-0.11	0.33	0.76	0.68	0.15	0.03	0.25	0.2	0.64	0.17	-0.73	0.09	0.75	0.41	0.1	0.65
Total Revenue	0.64	0.72		0.98	0.96	0.34	0.28	0.85	0.97	0.78	0.3	0.19	0.41	0.37	0.84	0.36	-0.52	0.22	0.64	0.82	0.18	0.74
Gross Profit	0.52	0.66	0.98		0.89	0.48	0.41	0.87	0.89	0.78	0.28	0.16	0.31	0.39	0.76	0.31	-0.39	0.22	0.54	0.78	0.1	0.59
Other Operating Expenses	0.74	0.73	0.96	0.89		0.12	0.09	0.77	0.99	0.66	0.27	0.18	0.48	0.29	0.89	0.38	-0.57	0.19	0.74	0.83	0.25	0.88
Operating Income	-0.36	0.17	0.34	0.48	0.12		0.67	0.39	0.16	0.6	0.19	0.04	-0.16	0.26	-0.14	-0.03	0.01	0.04	-0.34	0.08	-0.25	-0.33
Ebit	-0.44	-0.11	0.28	0.41	0.09	0.67		0.63	0.11	0.39	0.11	0.02	-0.19	0.3	-0.07	-0.05	0.16	0.15	-0.32	0.18	-0.23	-0.33
Ebitda	0.41	0.33	0.85	0.87	0.77	0.39	0.63		0.78	0.65	0.26	0.16	0.29	0.36	0.67	0.29	-0.28	0.21	0.33	0.74	0.09	0.48
Cost Of Revenue	0.73	0.76	0.97	0.89	0.99	0.16	0.11	0.78		0.72	0.3	0.21	0.5	0.32	0.89	0.4	-0.63	0.2	0.72	0.81	0.26	0.86
Total Operating Expenses	0.25	0.68	0.78	0.78	0.66	0.6	0.39	0.65	0.72		0.6	0.42	0.46	0.61	0.42	0.49	-0.7	0.42	0.22	0.51	0.33	0.37
Income Before Tax	0.12	0.15	0.3	0.28	0.27	0.19	0.11	0.26	0.3	0.6		0.97	0.86	0.82	0.09	0.95	-0.41	0.8	-0.1	0.4	0.9	0.17
Total Other Income Expense Net	0.12	0.03	0.19	0.16	0.18	0.04	0.02	0.16	0.21	0.42	0.97		0.89	0.77	0.07	0.96	-0.28	0.8	-0.09	0.37	0.93	0.14
Net Income	0.52	0.25	0.41	0.31	0.48	-0.16	-0.19	0.29	0.5	0.46	0.86	0.89		0.59	0.42	0.97	-0.53	0.62	0.27	0.52	0.95	0.54
Income Tax Expense	0.03	0.2	0.37	0.39	0.29	0.26	0.3	0.36	0.32	0.61	0.82	0.77	0.59		0.11	0.7	-0.28	0.96	-0.06	0.43	0.67	0.11
Selling General Administrative	0.88	0.64	0.84	0.76	0.89	-0.14	-0.07	0.67	0.89	0.42	0.09	0.07	0.42	0.11		0.29	-0.46	0.06	0.88	0.76	0.19	0.89
Net Income From Continuing Ops	0.36	0.17	0.36	0.31	0.38	-0.03	-0.05	0.29	0.4	0.49	0.95	0.96	0.97	0.7	0.29		-0.4	0.72	0.11	0.52	0.95	0.37
Minority Interest	-0.47	-0.73	-0.52	-0.39	-0.57	0.01	0.16	-0.28	-0.63	-0.7	-0.41	-0.28	-0.53	-0.28	-0.46	-0.4		-0.2	-0.44	-0.21	-0.43	-0.62
Tax Provision	0.05	0.09	0.22	0.22	0.19	0.04	0.15	0.21	0.2	0.42	0.8	0.8	0.62	0.96	0.06	0.72	-0.2		-0.06	0.38	0.74	0.11
Interest Income	0.78	0.75	0.64	0.54	0.74	-0.34	-0.32	0.33	0.72	0.22	-0.1	-0.09	0.27	-0.06	0.88	0.11	-0.44	-0.06		0.53	0.09	0.84
Non Operating Income Net Other	0.62	0.41	0.82	0.78	0.83	0.08	0.18	0.74	0.81	0.51	0.4	0.37	0.52	0.43	0.76	0.52	-0.21	0.38	0.53		0.35	0.69
Net Interest Income	0.34	0.1	0.18	0.1	0.25	-0.25	-0.23	0.09	0.26	0.33	0.9	0.93	0.95	0.67	0.19	0.95	-0.43	0.74	0.09	0.35		0.35
Reconciled Depreciation	0.91	0.65	0.74	0.59	0.88	-0.33	-0.33	0.48	0.86	0.37	0.17	0.14	0.54	0.11	0.89	0.37	-0.62	0.11	0.84	0.69	0.35

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Nextera Energy Account Relationship Matchups

Nextera Energy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	171.9K	374M	405M	573M	635M	666.8M
Interest Expense	702M	620M	47M	853M	394M	320.6M
Total Revenue	855M	917M	982M	1.2B	1.1B	764.8M
Other Operating Expenses	622M	664M	748M	1.1B	1.1B	560.2M
Operating Income	233M	363M	234M	125M	(28M)	(26.6M)
Ebit	602.8M	(32M)	593M	(28M)	15M	14.3M
Ebitda	603M	342M	998M	545M	650M	527.1M
Cost Of Revenue	336M	363M	419M	571M	520M	286.2M
Total Operating Expenses	286M	301M	329M	479M	65M	61.8M
Income Before Tax	273M	(430M)	(257M)	472M	1.3B	(244.2M)
Total Other Income Expense Net	(663M)	(510M)	238M	1.1B	(229M)	(217.6M)
Net Income Applicable To Common Shares	(88M)	(55M)	137M	477M	548.6M	576.0M
Net Income	(404M)	(238M)	424M	1.1B	200M	124.6M
Income Tax Expense	(26M)	(19M)	48M	171M	(25M)	(23.8M)
Selling General Administrative	363M	393M	460M	620M	713M	748.7M
Net Income From Continuing Ops	(404M)	(238M)	424M	1.1B	88M	83.6M
Minority Interest	(316M)	(183M)	(287M)	(644M)	34M	35.7M
Tax Provision	(26M)	(19M)	48M	171M	9M	8.6M
Interest Income	668M	448M	47M	853M	981.0M	1.0B
Non Operating Income Net Other	39M	110M	191M	242M	278.3M	149.7M
Net Interest Income	(702M)	(620M)	47M	853M	(207M)	(217.4M)
Reconciled Depreciation	331M	374M	405M	573M	622M	429.6M

Pair Trading with Nextera Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nextera Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nextera Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nextera Stock

0.77

RNWWW

ReNew Energy Global

Pair Corr

Moving against Nextera Stock

0.79	NRGV	Energy Vault Holdings	Pair Corr
0.71	ELLO	Ellomay Capital	Pair Corr
0.69	GEV	GE Vernova LLC	Pair Corr
0.67	ORA	Ormat Technologies	Pair Corr
0.59	ADN	Advent Technologies	Pair Corr

The ability to find closely correlated positions to Nextera Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextera Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nextera Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nextera Energy Partners to buy it.

The correlation of Nextera Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nextera Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nextera Energy Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Nextera Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Nextera Stock Analysis

When running Nextera Energy's price analysis, check to measure Nextera Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextera Energy is operating at the current time. Most of Nextera Energy's value examination focuses on studying past and present price action to predict the probability of Nextera Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextera Energy's price. Additionally, you may evaluate how the addition of Nextera Energy to your portfolios can decrease your overall portfolio volatility.

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Nextera Historical Income Statement

About Nextera Income Statement Analysis

Nextera Energy Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Nextera Energy income statement Correlations

Nextera Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nextera Energy income statement Accounts

Pair Trading with Nextera Energy

Moving together with Nextera Stock

Moving against Nextera Stock

Additional Tools for Nextera Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 0.99	Other Operating Expenses
Gross Profit	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.97	Total Revenue
Total Other Income Expense Net	+ 0.97	Income Before Tax
Net Income From Continuing Ops	+ 0.97	Net Income
Other Operating Expenses	+ 0.96	Total Revenue

Minority Interest	- 0.73	Interest Expense
Minority Interest	- 0.7	Total Operating Expenses
Minority Interest	- 0.63	Cost Of Revenue
Reconciled Depreciation	- 0.62	Minority Interest
Minority Interest	- 0.57	Other Operating Expenses
Minority Interest	- 0.53	Net Income