NextEra Energy, Inc. (NEE) Return on Invested Capital (ROIC): 4.23%
Is NextEra Energy, Inc.’s return on invested capital (ROIC) high or low?
NextEra Energy, Inc.'s return on invested capital (ROIC) of 4.23% is 13% above its 5-year average of 3.74%, around the middle of its 5-year range (2.04%–5.47%).
As of Thursday, June 11, 2026. 2.30% above its 12-month average of 4.13%.
NEE Return on Invested Capital (ROIC) Chart
NEE Average Return on Invested Capital (ROIC) Chart
NEE Current vs Average Return on Invested Capital (ROIC) Chart
NEE Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
4.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.28%
CURRENT VS TTM AVG
+2.30%
CURRENT VS 3Y AVG
+4.57%
CURRENT VS 5Y AVG
+12.95%
CURRENT VS 10Y AVG
+5.82%
CURRENT VS 15Y AVG
+2.95%
CURRENT VS 20Y AVG
-1.19%
NEE Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NextEra Energy, Inc. (NEE) | $177.13B | 4.23% | 4.13% | 4.04% | 3.74% |
| The Southern Company (SO) | $106.33B | 4.36% | 4.30% | 4.00% | 3.75% |
| Duke Energy Corporation (DUK) | $97.91B | 4.13% | 4.07% | 3.83% | 3.58% |
| American Electric Power Company, Inc. (AEP) | $70.48B | 4.71% | 4.83% | 4.51% | 4.30% |
| Sempra (SRE) | $59.98B | 2.56% | 2.75% | 3.19% | 3.51% |
| Dominion Energy, Inc. (D) | $59.01B | 3.41% | 3.13% | 2.58% | 2.44% |
| Entergy Corporation (ETR) | $51.04B | 3.55% | 3.37% | 3.76% | 3.53% |
| Xcel Energy Inc. (XEL) | $48.88B | 3.77% | 3.71% | 3.95% | 3.99% |
| Exelon Corporation (EXC) | $46.91B | 3.97% | 3.95% | 3.68% | 3.14% |
| Consolidated Edison, Inc. (ED) | $40.20B | 3.24% | 3.36% | 3.27% | 3.54% |
Capital Efficiency
ROIC
4.2%
ROE
14.8%
NextEra Energy, Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NextEra Energy, Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for NextEra Energy, Inc. (NEE)?
- The return on invested capital (ROIC) for NEE stock is 4.23%.
- Is NextEra Energy, Inc.'s return on invested capital (ROIC) high or low?
- NextEra Energy, Inc.'s return on invested capital (ROIC) of 4.23% is 13% above its 5-year average of 3.74%, around the middle of its 5-year range (2.04%–5.47%).
- What is the TTM average return on invested capital (ROIC) for NextEra Energy, Inc. (NEE)?
- The TTM average return on invested capital (ROIC) for NEE stock is 4.13%.
- What is the 3Y average return on invested capital (ROIC) for NextEra Energy, Inc. (NEE)?
- The 3Y average return on invested capital (ROIC) for NEE stock is 4.04%.
- What is the 5Y average return on invested capital (ROIC) for NextEra Energy, Inc. (NEE)?
- The 5Y average return on invested capital (ROIC) for NEE stock is 3.74%.
- What is the 10Y average return on invested capital (ROIC) for NextEra Energy, Inc. (NEE)?
- The 10Y average return on invested capital (ROIC) for NEE stock is 4.00%.
- What is the 15Y average return on invested capital (ROIC) for NextEra Energy, Inc. (NEE)?
- The 15Y average return on invested capital (ROIC) for NEE stock is 4.11%.
- What is the 20Y average return on invested capital (ROIC) for NextEra Energy, Inc. (NEE)?
- The 20Y average return on invested capital (ROIC) for NEE stock is 4.28%.
NextEra Energy, Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 4.23% |
| 2024-12-31 | 4.04% |
| 2023-12-31 | 5.47% |
| 2022-12-31 | 2.44% |
| 2021-12-31 | 2.04% |
| 2020-12-31 | 4.25% |
| 2019-12-31 | 4.34% |
| 2018-12-31 | 3.46% |
| 2017-12-31 | 5.73% |
| 2016-12-31 | 3.72% |
| 2015-12-31 | 4.25% |
| 2014-12-31 | 4.25% |
| 2013-12-31 | 3.43% |
| 2012-12-31 | 4.02% |
| 2011-12-31 | 4.88% |
| 2010-12-31 | 5.19% |
| 2009-12-31 | 4.84% |
| 2008-12-31 | 5.49% |
| 2007-12-31 | 4.85% |
| 2006-12-31 | 4.97% |
| 2005-12-31 | 4.01% |
| 2004-12-31 | 4.54% |
| 2003-12-31 | 4.36% |
| 2002-12-31 | 4.79% |
| 2001-12-31 | 6.01% |
| 2000-12-31 | 6.10% |
| 1999-12-31 | 6.68% |
| 1998-12-31 | 8.12% |
| 1997-12-31 | 7.30% |
| 1996-12-31 | 7.00% |
Related Metrics
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