---
title: NextEra Energy (NEE) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/nee
ticker: NEE
as_of: 2026-10-17
sector: Utilities
industry: Regulated Electric
---
# NextEra Energy (NEE)

NextEra Energy (NEE) closed at $79.80 on Oct 16, 2026, undervalued by 18% vs its model value of $97.76 (from its own five-year median P/E applied to its earnings).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $79.80 (Oct 16, 2026) |
| Model value (from its own five-year median P/E applied to its earnings) | $97.76 |
| Price vs model | undervalued by 18% vs model |
| Range of that model | $78.69 – $142.57 |
| Market value | $166.5B |
| P/E (fiscal 2025) | 24.2 |
| Net margin (fiscal 2025) | 24.9% |
| Free cash flow (fiscal 2025) | — |
| Dividend yield (trailing twelve months) | 3.05% |
| Beta | 0.64 |
| Cost of capital (WACC) | 6.70% |
| Business classification | Dividend Payer (Low/slowing growth (~2% recent), High profitability (26% net margin), Pays dividends, Highly cyclical earnings) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Near 52-week lows | #38 | +5.7% | https://sweetvaluelab.com/lists/near-52-week-lows |
| Dividend growth streaks | #43 | 30 years | https://sweetvaluelab.com/lists/dividend-growth-streaks |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 3.05% |
| Dividends per share, last 12 months | $2.44 |
| Coverage | — |
| Raised | 30 years in a row |
| Growth over 5 years | 10.1% a year |
| Latest payment | $0.6232, ex-date Aug 28, 2026, paid Sep 15, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Aug 26, 2021 | $1.51 |
| To Aug 29, 2022 | $1.66 |
| To Aug 29, 2023 | $1.83 |
| To Aug 30, 2024 | $2.01 |
| To Aug 28, 2025 | $2.21 |
| Trailing twelve months (to Aug 28, 2026) | $2.44 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | cross check | $67.73 | $22.47 | $231.37 |
| DCF · Perpetuity growth · 10y | cross check | $86.72 | $34.95 | $276.85 |
| DCF · EBITDA exit · 5y | cross check | $41.93 | $15.46 | $73.22 |
| DCF · EBITDA exit · 10y | cross check | $60.59 | $28.28 | $103.98 |
| P/E · peers | cross check | $67.64 | $65.58 | $72.90 |
| P/E · own history | primary | $97.76 | $78.69 | $142.57 |
| PEG | sanity check | $56.99 | $56.99 | $56.99 |
| EV/EBITDA · peers | cross check | $53.96 | $41.45 | $60.23 |
| EV/Revenue · peers | cross check | $29.19 | $6.76 | $32.88 |
| Earnings power value | cross check | $1.52 | $0.00 | $14.81 |
| Dividend discount | cross check | $54.66 | $36.99 | $92.40 |

## Insider activity (SEC Form 4)

No open-market insider buys or sales filed in the past 90 days.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Oct 12, 2026 | May James Michael | Treasurer and Asst. Secretary | Tax withholding | 1,855 | $145,636.1 |
| Oct 7, 2026 | Daggs Nicole J | EVP, Human Res & Corp Svcs | Other | 8,487 | $0 |
| Oct 2, 2026 | Arnaboldi Nicole S | Director | Grant / award | 474 | $36,417.4 |
| Sep 15, 2026 | Arnaboldi Nicole S | Director | Grant / award | 67 | $5,431.7 |
| Sep 15, 2026 | CAMAREN JAMES LAWRENCE | Director | Grant / award | 271 | $21,970 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Oct 6, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/753308/000075330826000074/nee-20260922.htm |
| Sep 14, 2026 | 8-K | 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/753308/000110465926107537/tm2625368d1_8k.htm |
| Sep 3, 2026 | 8-K | 5.07 Submission of Matters to a Shareholder Vote | https://www.sec.gov/Archives/edgar/data/753308/000075330826000071/nee-20260903.htm |
| Aug 25, 2026 | 8-K | 8.01 Other Events | https://www.sec.gov/Archives/edgar/data/753308/000110465926100476/tm2623831d1_8k.htm |
| Aug 11, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/753308/000075330826000065/nee-20260810.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Torray | 2026-06-30 | 237,562 | $20.9M |
| David Katz | 2026-09-30 | 261,183 | $19.8M |
| Dodge & Cox | 2026-06-30 | 23,000 | $2.0M |
| Mairs & Power | 2026-06-30 | 12,097 | $1.1M |

4 tracked managers in all.

## About

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 bo…

---

Source: https://sweetvaluelab.com/stocks/nee (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.