Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 20.76.
Forward PE Ratio (20.76) = Close Price ($83.65) / Consensus Forward EPS ($4.03)
FORWARD PE RATIO
20.76
SECTOR MEDIAN · UTILITIES
17.63
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
+17.72%
vs the sector median at left
NextEra Energy, Inc.
Market Cap
$174.49B
Forward PE Ratio
20.76
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $174.49B | 20.76 |
| The Southern Company (SO)vs › | $102.31B | 19.38 |
| Constellation Energy Corporation (CEG)vs › | $97.99B | 22.83 |
| GE Vernova Inc. (GEV)vs › | $254.84B | 31.14 |
| Duke Energy Corporation (DUK)vs › | $93.43B | 17.86 |
| American Electric Power Company, Inc. (AEP)vs › | $65.84B | 18.96 |
| Dominion Energy, Inc. (D)vs › | $58.57B | 18.57 |
| Sempra (SRE)vs › | $54.19B | 16.21 |
| Entergy Corporation (ETR)vs › | $48.82B | 23.79 |
| Xcel Energy Inc. (XEL)vs › | $47.66B | 18.54 |
Trailing P/E
18.8
reported TTM EPS
Forward P/E
20.8
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.03 implies -9.6% EPS decline vs the reported trailing $4.46.
At today's $83.65 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $4.03 | $3.98 – $4.08 | 12 | 20.8x |
| 2027-12-31 | $4.40 | $4.26 – $4.48 | 14 | 19.0x |
| 2028-12-31 | $4.76 | $4.54 – $5.03 | 9 | 17.6x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute