Which has the lower trailing P/E, NEE or XEL?

NEE has the lower trailing P/E: NEE trades at 19.26 and XEL at 21.64. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, NEE or XEL?

Over the past five years, NEE grew revenue faster — NEE at a 11.51% CAGR versus XEL at 2.79%.

Does NEE or XEL pay a bigger dividend?

NEE yields 2.77% and XEL yields 2.93% based on trailing dividends and the latest price.

Is NEE or XEL more profitable?

NEE runs the higher net margin — NEE at 32.04% versus XEL at 15.28%.

How have NEE and XEL total returns compared?

Over the past 10 years, NEE delivered 13.49% and XEL delivered 9.79% annualized total return. Past performance doesn't predict future results.

NextEra Energy, Inc. (NEE) vs Xcel Energy Inc. (XEL)

A side-by-side comparison of NextEra Energy, Inc. and Xcel Energy Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.

NEE

NextEra Energy, Inc.

$179.21B

$85.91UtilitiesAt close: Aug 19, 2026, 4:00 PM ET

XEL

Xcel Energy Inc.

$49.60B

$79.41UtilitiesAt close: Aug 19, 2026, 4:00 PM ET

Total return — NEE vs XEL

growth of $100 · dividends reinvested · last 10y

NEE +261.9% (+13.7%/yr)XEL +160.7% (+10.1%/yr)NEE compounded faster over this window

NEE XEL

NEE vs XEL: by the numbers

•NEE is the larger company ($179.21B vs $49.60B market cap).
•NEE trades at the lower trailing earnings multiple (19.26 vs 21.64 P/E), one valuation lens rather than an overall verdict.
•NEE converts more revenue to profit (32.04% vs 15.28% net margin).
•NEE grew revenue faster over the past five years (11.51% vs 2.79% CAGR).
•XEL pays the higher dividend yield (2.93% vs 2.77%).

Metrics side by side

Valuation

Metric	NEE	XEL
P/E ratio	19.26	21.64
Forward P/E	21.23	19.30
P/S ratio	6.18	3.41
P/B ratio	3.14	2.07
EV / EBITDA	18.14	14.41
FCF yield	1.26%	N/A

Profitability

Metric	NEE	XEL
Gross margin	62.80%	48.84%
Operating margin	29.49%	20.98%
Net margin	32.04%	15.28%
ROE	16.28%	9.28%
ROIC	3.98%	3.74%

Dividends

Metric	NEE	XEL
Dividend yield	2.77%	2.93%
Payout ratio	71.89%	67.59%

Growth (annualized)

Metric	NEE	XEL
Revenue CAGR (5Y)	11.51%	2.79%
EPS CAGR (5Y)	17.31%	4.20%
FCF CAGR (5Y)	70.34%	-15.80%
Total return CAGR (5Y)	2.99%	5.83%

Frequently asked

Which has the lower trailing P/E, NEE or XEL?: NEE has the lower trailing P/E: NEE trades at 19.26 and XEL at 21.64. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, NEE or XEL?: Over the past five years, NEE grew revenue faster — NEE at a 11.51% CAGR versus XEL at 2.79%.
Does NEE or XEL pay a bigger dividend?: NEE yields 2.77% and XEL yields 2.93% based on trailing dividends and the latest price.
Is NEE or XEL more profitable?: NEE runs the higher net margin — NEE at 32.04% versus XEL at 15.28%.
How have NEE and XEL total returns compared?: Over the past 10 years, NEE delivered 13.49% and XEL delivered 9.79% annualized total return. Past performance doesn't predict future results.

Go deeper

Full NEE analysis Full XEL analysis Interactive comparison tool

Dig into the metrics

NextEra Energy P/E ratio Xcel Energy P/E ratio NextEra Energy dividend yield Xcel Energy dividend yield NextEra Energy ROE Xcel Energy ROE NextEra Energy operating margin Xcel Energy operating margin NextEra Energy revenue growth Xcel Energy revenue growth NextEra Energy free cash flow Xcel Energy free cash flow

NextEra Energy & Xcel Energy appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 20, 2026.