Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 22.20 as of Saturday, July 25, 2026.
Forward PE Ratio (22.20) = Close Price ($89.78) / Consensus Forward EPS ($4.04)
FORWARD PE RATIO
22.20
SECTOR MEDIAN · UTILITIES
19.32
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
+14.94%
vs the sector median at left
NextEra Energy, Inc.
Market Cap
$187.25B
Forward PE Ratio
22.20
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $187.25B | 22.20 |
| The Southern Company (SO)vs › | $109.63B | 21.24 |
| Duke Energy Corporation (DUK)vs › | $101.75B | 19.47 |
| Constellation Energy Corporation (CEG)vs › | $98.52B | 23.34 |
| American Electric Power Company, Inc. (AEP)vs › | $73.75B | 21.35 |
| Dominion Energy, Inc. (D)vs › | $62.52B | 19.81 |
| Sempra (SRE)vs › | $60.79B | 18.19 |
| Vistra Corp. (VST)vs › | $55.09B | 17.65 |
| Entergy Corporation (ETR)vs › | $53.09B | 26.33 |
| Xcel Energy Inc. (XEL)vs › | $50.98B | 19.86 |
Trailing P/E
22.8
reported TTM EPS
Forward P/E
22.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.04 implies +2.8% EPS growth vs the reported trailing $3.93.
At today's $89.78 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 | $4.04 | $3.98 – $4.09 | 12 | 22.2x |
| 2027-12-31 | $4.40 | $4.27 – $4.49 | 14 | 20.4x |
| 2028-12-31 | $4.76 | $4.55 – $5.14 | 9 | 18.9x |
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
