NextEra Energy Partners, LP (NEP)

Last Closing Price: 72.45 (2023-02-01)

Company Description

NextEra Energy Partners, LP is a growth-oriented limited partnership formed by NextEra Energy, Inc. in 2014. The partnership is formed to acquire, manage and own contracted clean energy projects with stable long-term cash flows. NextEra Energy Partners owns a portfolio of contracted renewable generation assets consisting of wind and solar projects in North America, as well as seven contracted natural gas pipeline assets in Texas.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $1.21B
Net Income (Most Recent Fiscal Year) $477.00M
PE Ratio (Current Year Earnings Estimate) 29.13
PE Ratio (Trailing 12 Months) 12.80
PEG Ratio (Long Term Growth Estimate) 2.91
Price to Sales Ratio (Trailing 12 Months) 5.18
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 0.50
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 11.22
Pre-Tax Margin (Trailing 12 Months) 105.01%
Net Margin (Trailing 12 Months) 39.39%
Return on Equity (Trailing 12 Months) 4.00%
Return on Assets (Trailing 12 Months) 2.57%
Current Ratio (Most Recent Fiscal Quarter) 1.91
Quick Ratio (Most Recent Fiscal Quarter) 1.80
Debt to Common Equity (Most Recent Fiscal Quarter) 0.38
Inventory Turnover (Trailing 12 Months) 12.14
Book Value per Share (Most Recent Fiscal Quarter) $129.18
Earnings per Share (Most Recent Fiscal Quarter) $0.40
Earnings per Share (Most Recent Fiscal Year) $5.62
Diluted Earnings per Share (Trailing 12 Months) $5.66
Exchange NYSE
Sector Utilities
Industry Utilities - Renewable
Common Shares Outstanding 86.54M
Free Float 86.34M
Market Capitalization $6.27B
Average Volume (Last 20 Days) 0.67M
Beta (Past 60 Months) 0.92
Percentage Held By Insiders (Latest Annual Proxy Report) 0.22%
Percentage Held By Institutions (Latest 13F Reports) 83.05%
Annual Dividend (Based on Last Quarter) $3.15
Dividend Yield (Based on Last Quarter) 4.35%