NextEra Energy (NEE) Financial Forecast Calculator
Interactive 5-year forecast and DCF for NextEra Energy. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from NextEra Energy’s most recent SEC filings.
Assumptions
Need this as an Excel model?
Keep iterating on the NextEra Energy forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.
Other Utilities forecasts
Run the same calculator on a peer.
Frequently asked
What does NextEra Energy do?+
NextEra Energy is a leading North American clean energy company, operating through its regulated utility, Florida Power & Light (FPL), and its competitive clean energy developer, NextEra Energy Resources (NEER). FPL is the largest electric utility in the US, while NEER is the world's largest generator of renewable energy from wind and sun.
How does NextEra Energy generate revenue?+
NextEra Energy generates revenue primarily through its two segments: Florida Power & Light (FPL) and NextEra Energy Resources (NEER). FPL's revenue comes from its regulated utility operations in Florida, while NEER generates revenue from developing and operating long-term contracted renewable energy projects across North America. FPL contributes approximately 65-70% of consolidated revenue, with NEER contributing 30-35%.
What is NextEra Energy's capital expenditure strategy?+
NextEra Energy has an extremely capital-intensive business model, with capital expenditures typically ranging from 40% to 60% of revenue. The company is currently executing a $40 to $45 billion capital plan over four years, primarily focused on FPL solar base rate adjustments, grid hardening, and building out NEER's 29.5 gigawatt renewable backlog.
What is the assumed revenue growth rate for NextEra Energy's financial model?+
The financial model for NextEra Energy assumes a revenue growth rate of approximately 9.11%. This growth reflects the balance between the regulated rate base expansion of Florida Power & Light and the significant renewable energy project pipeline of NextEra Energy Resources.
What is the purpose of the NextEra Energy financial model?+
The NextEra Energy financial model projects the company's consolidated cash flows and earnings. Its primary purpose is to determine equity valuation and assess key credit metrics, balancing the regulated rate base growth of FPL with the unregulated renewable energy project pipeline of NEER.
Can I download an Excel financial model for NextEra Energy?+
Yes, an Excel financial model for NextEra Energy is available for download. This model projects financial performance from fiscal year 2026 through fiscal year 2030, allowing users to analyze the company's future cash flows and earnings.
Have more financial modelling questions? Contact us
