NextEra Energy, Inc. (NEE) FCF Payout Ratio: 210.35%
Is NextEra Energy, Inc.’s FCF payout ratio high or low?
NextEra Energy, Inc.'s FCF payout ratio of 210.35% is 50% below its 5-year average of 418.82%, near the low end of its 5-year range (89.23%–1224.55%).
The FCF payout ratio for NextEra Energy, Inc. (NEE) is 210.35%. It is above its 12-month average by 79.03% (117.49%).
NEE FCF Payout Ratio Chart
NEE Average FCF Payout Ratio Chart
NEE Current vs Average FCF Payout Ratio Chart
NEE FCF Payout Ratio Metrics
FCF PAYOUT RATIO
210.35%
FCF PAYOUT RATIO AVG TTM
117.49%
FCF PAYOUT RATIO AVG 3Y
150.24%
FCF PAYOUT RATIO AVG 5Y
418.82%
FCF PAYOUT RATIO AVG 10Y
295.61%
FCF PAYOUT RATIO AVG 15Y
378.19%
FCF PAYOUT RATIO AVG 20Y
298.53%
CURRENT VS TTM AVG
+79.03%
CURRENT VS 3Y AVG
+40.01%
CURRENT VS 5Y AVG
-49.78%
CURRENT VS 10Y AVG
-28.84%
CURRENT VS 15Y AVG
-44.38%
CURRENT VS 20Y AVG
-29.54%
Payout Ratio Comparison
FCF Payout Ratio
210.3%
Earnings Payout Ratio
71.9%
Dividend Yield
2.80%
FCF Yield
1.33%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $3.21B | $4.68B | 145.7% |
| 2024 | $4.75B | $4.24B | 89.2% |
| 2023 | $1.75B | $3.78B | 215.7% |
| 2022 | ($1.48B) | $3.35B | N/A (Loss) |
| 2021 | ($277.00M) | $3.02B | N/A (Loss) |
| 2020 | $224.00M | $2.74B | 1224.6% |
| 2019 | ($2.92B) | $2.41B | N/A (Loss) |
| 2018 | $583.00M | $2.10B | 360.4% |
| 2017 | $968.00M | $1.84B | 190.6% |
| 2016 | $2.10B | $1.61B | 76.9% |
| 2015 | $2.24B | $1.39B | 61.7% |
| 2014 | $2.00B | $1.26B | 63.1% |
| 2013 | $1.87B | $1.12B | 60.0% |
| 2012 | ($878.00M) | $1.00B | N/A (Loss) |
| 2011 | $47.00M | $920.00M | 1957.4% |
| 2010 | $887.00M | $823.00M | 92.8% |
| 2009 | $1.56B | $766.00M | 49.0% |
| 2008 | $1.13B | $714.00M | 63.2% |
| 2007 | $1.74B | $654.00M | 37.7% |
| 2006 | $672.00M | $593.00M | 88.2% |
| 2005 | ($69.00M) | $544.00M | N/A (Loss) |
| 2004 | $1.11B | $467.00M | 41.9% |
| 2003 | $863.00M | $425.00M | 49.2% |
| 2002 | $1.06B | $400.00M | 37.7% |
| 2001 | $788.00M | $377.00M | 47.8% |
| 2000 | ($323.00M) | $366.00M | N/A (Loss) |
| 1999 | $702.00M | $355.00M | 50.6% |
| 1998 | $1.13B | $345.00M | 30.6% |
| 1997 | $1.05B | $332.00M | 31.7% |
| 1996 | $1.10B | $320.30M | 29.0% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
NextEra Energy, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NextEra Energy, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for NextEra Energy, Inc. (NEE)?
- The FCF payout ratio for NEE stock is 210.35%.
- Is NextEra Energy, Inc.'s FCF payout ratio high or low?
- NextEra Energy, Inc.'s FCF payout ratio of 210.35% is 50% below its 5-year average of 418.82%, near the low end of its 5-year range (89.23%–1224.55%).
- What is the TTM average FCF payout ratio for NextEra Energy, Inc. (NEE)?
- The TTM average FCF payout ratio for NEE stock is 117.49%.
- What is the 3Y average FCF payout ratio for NextEra Energy, Inc. (NEE)?
- The 3Y average FCF payout ratio for NEE stock is 150.24%.
- What is the 5Y average FCF payout ratio for NextEra Energy, Inc. (NEE)?
- The 5Y average FCF payout ratio for NEE stock is 418.82%.
- What is the 10Y average FCF payout ratio for NextEra Energy, Inc. (NEE)?
- The 10Y average FCF payout ratio for NEE stock is 295.61%.
- What is the 15Y average FCF payout ratio for NextEra Energy, Inc. (NEE)?
- The 15Y average FCF payout ratio for NEE stock is 378.19%.
- What is the 20Y average FCF payout ratio for NextEra Energy, Inc. (NEE)?
- The 20Y average FCF payout ratio for NEE stock is 298.53%.
NextEra Energy, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 145.75% |
| 2024-12-31 | 89.23% |
| 2023-12-31 | 215.74% |
| 2020-12-31 | 1224.55% |
| 2018-12-31 | 360.38% |
| 2017-12-31 | 190.60% |
| 2016-12-31 | 76.91% |
| 2015-12-31 | 61.72% |
| 2014-12-31 | 63.14% |
| 2013-12-31 | 60.00% |
| 2011-12-31 | 1957.45% |
| 2010-12-31 | 92.78% |
| 2009-12-31 | 49.01% |
| 2008-12-31 | 63.24% |
| 2007-12-31 | 37.67% |
| 2006-12-31 | 88.24% |
| 2004-12-31 | 41.88% |
| 2003-12-31 | 49.25% |
| 2002-12-31 | 37.70% |
| 2001-12-31 | 47.84% |
| 1999-12-31 | 50.57% |
| 1998-12-31 | 30.64% |
| 1997-12-31 | 31.74% |
| 1996-12-31 | 28.99% |
About NextEra Energy, Inc.
NextEra Energy, Inc., operating through its diverse subsidiaries, is a prominent electric power provider in North America. The company's operations encompass the generation, transmission, distribution, and sale of electricity to both individual consumers and large-scale wholesale clients. Its energy portfolio is broad, featuring power generation from wind, solar, nuclear, coal, and natural gas facilities. Beyond direct power supply, NextEra Energy is actively involved in developing, constructing, and managing long-term contracted clean energy infrastructure, including renewable energy generation sites, battery storage solutions, and electric transmission networks. The firm also participates in the sale of energy commodities and oversees the development, construction, and operation of generation assets within competitive wholesale energy markets. As of December 31, 2021, NextEra Energy boasted a net generating capacity of approximately 28,564 megawatts. Its extensive infrastructure included about 77,000 circuit miles of transmission and distribution lines and 696 substations. Within Florida, the company delivers electricity to roughly 11 million individuals, serving approximately 5.7 million customer accounts across the state's eastern and lower western coastal regions. Founded in 1925, the company adopted its current name, NextEra Energy, Inc., in 2010, having previously operated as FPL Group, Inc. Its corporate headquarters are located in Juno Beach, Florida.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- John W. Ketchum