Comprehensive Stock Comparison

Compare NextEra Energy, Inc. (NEE) vs Algonquin Power & Utilities Cor (AQNB) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthNEE11.0% revenue growth vs AQNB's -14.0%
ValueNEELower P/E (23.3x vs 171.6x)
Quality / MarginsNEE24.9% net margin vs AQNB's -57.7%
Stability / SafetyAQNBBeta 0.08 vs NEE's 0.35, lower leverage
DividendsNEE2.4% yield, 30-year raise streak, vs AQNB's 1.6%
Momentum (1Y)NEE+37.8% vs AQNB's +7.9%
Efficiency (ROA)NEE3.2% ROA vs AQNB's -10.0%, ROIC 4.1% vs 2.4%
Bottom line: NEE leads in 6 of 7 categories, making it the stronger pick for investors who prioritize growth and revenue expansion and valuation and capital efficiency. Algonquin Power & Utilities Cor is the better choice for capital preservation and lower volatility. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

NEENextEra Energy, Inc.
Utilities

NextEra Energy is a major electric utility and clean energy developer that operates regulated utilities in Florida while also building renewable projects across North America. It makes money primarily through regulated utility operations — about 60% of earnings — and its competitive energy generation business that develops wind, solar, and battery storage projects. The company's key advantage is its massive scale in renewable energy development and its first-mover position in clean energy infrastructure, giving it unmatched project execution capabilities and cost advantages.

AQNBAlgonquin Power & Utilities Cor
Utilities

Algonquin Power & Utilities is a diversified utility company that operates regulated water, gas, and electric distribution systems while also developing renewable energy projects. It generates revenue through regulated utility operations — which provide stable cash flows — and renewable energy generation, primarily from wind and solar assets. The company benefits from a dual-moat structure combining regulated monopoly utility operations with growth opportunities in renewable energy development.

Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

NEENextEra Energy, Inc.
FY 2024
Florida Power & Light Company
69.3%$17.0B
NEER Segment
30.7%$7.5B
AQNBAlgonquin Power & Utilities Cor

Segment breakdown not available.

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

NEE 5AQNB 1
Financial MetricsNEE4/6 metrics
Valuation MetricsNEE2/2 metrics
Profitability & EfficiencyNEE5/8 metrics
Total ReturnsNEE6/6 metrics
Risk & VolatilityAQNB2/2 metrics
Analyst OutlookNEE2/2 metrics

NEE leads in 5 of 6 categories (Financial Metrics, Valuation Metrics). AQNB leads in 1 (Risk & Volatility).

Financial Metrics (TTM)

NEE is the larger business by revenue, generating $27.5B annually — 11.6x AQNB's $2.4B. NEE is the more profitable business, keeping 24.9% of every revenue dollar as net income compared to AQNB's -57.7%.

MetricNEENextEra Energy, I…AQNBAlgonquin Power &…
RevenueTrailing 12 months$27.5B$2.4B
EBITDAEarnings before interest/tax$15.3B$792M
Net IncomeAfter-tax profit$6.8B-$1.4B
Free Cash FlowCash after capex-$28.3B$2.6B
Gross MarginGross profit ÷ Revenue+62.8%+37.2%
Operating MarginEBIT ÷ Revenue+30.1%+19.4%
Net MarginNet income ÷ Revenue+24.9%-57.7%
FCF MarginFCF ÷ Revenue-103.0%+109.0%
Rev. Growth (YoY)Latest quarter vs prior year+21.9%+24.4%
EPS Growth (YoY)Latest quarter vs prior year+25.9%-93.1%
NEE leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

At 28.5x trailing earnings, NEE trades at a 83% valuation discount to AQNB's 171.6x P/E.

MetricNEENextEra Energy, I…AQNBAlgonquin Power &…
Market CapShares × price$195.3B
Enterprise ValueMkt cap + debt − cash$288.1B
Trailing P/EPrice ÷ TTM EPS28.50x171.60x
Forward P/EPrice ÷ next-FY EPS est.23.33x
PEG RatioP/E ÷ EPS growth rate1.65x
EV / EBITDAEnterprise value multiple18.78x
Price / SalesMarket cap ÷ Revenue7.11x
Price / BookPrice ÷ Book value/share2.95x3.06x
Price / FCFMarket cap ÷ FCF
NEE leads this category, winning 2 of 2 comparable metrics.

Profitability & Efficiency

NEE delivers a 10.3% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $-27 for AQNB. AQNB carries lower financial leverage with a 1.09x debt-to-equity ratio, signaling a more conservative balance sheet compared to NEE's 1.44x.

MetricNEENextEra Energy, I…AQNBAlgonquin Power &…
ROE (TTM)Return on equity+10.3%-26.7%
ROA (TTM)Return on assets+3.2%-10.0%
ROICReturn on invested capital+4.1%+2.4%
ROCEReturn on capital employed+4.7%+2.8%
Piotroski ScoreFundamental quality 0–955
Debt / EquityFinancial leverage1.44x1.09x
Net DebtTotal debt minus cash$92.8B$6.7B
Cash & Equiv.Liquid assets$2.8B$35M
Total DebtShort + long-term debt$95.6B$6.7B
Interest CoverageEBIT ÷ Interest expense1.81x1.23x
NEE leads this category, winning 5 of 8 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in NEE five years ago would be worth $13,627 today (with dividends reinvested), compared to $12,427 for AQNB. Over the past 12 months, NEE leads with a +37.8% total return vs AQNB's +7.9%. The 3-year compound annual growth rate (CAGR) favors NEE at 12.1% vs AQNB's 10.7% — a key indicator of consistent wealth creation.

MetricNEENextEra Energy, I…AQNBAlgonquin Power &…
YTD ReturnYear-to-date+16.6%+0.6%
1-Year ReturnPast 12 months+37.8%+7.9%
3-Year ReturnCumulative with dividends+41.0%+35.6%
5-Year ReturnCumulative with dividends+36.3%+24.3%
10-Year ReturnCumulative with dividends+287.2%+45.0%
CAGR (3Y)Annualised 3-year return+12.1%+10.7%
NEE leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

AQNB is the less volatile stock with a 0.08 beta — it tends to amplify market swings less than NEE's 0.35 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.

MetricNEENextEra Energy, I…AQNBAlgonquin Power &…
Beta (5Y)Sensitivity to S&P 5000.35x0.08x
52-Week HighHighest price in past year$95.91$26.22
52-Week LowLowest price in past year$61.72$24.59
% of 52W HighCurrent price vs 52-week peak+97.8%+98.2%
RSI (14)Momentum oscillator 0–10056.652.0
Avg Volume (50D)Average daily shares traded7.5M25K
AQNB leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

For income investors, NEE offers the higher dividend yield at 2.39% vs AQNB's 1.56%.

MetricNEENextEra Energy, I…AQNBAlgonquin Power &…
Analyst RatingConsensus buy/hold/sellBuy
Price TargetConsensus 12-month target$93.27
# AnalystsCovering analysts36
Dividend YieldAnnual dividend ÷ price+2.4%+1.6%
Dividend StreakConsecutive years of raises300
Dividend / ShareAnnual DPS$2.24$0.40
Buyback YieldShare repurchases ÷ mkt cap0.0%
NEE leads this category, winning 2 of 2 comparable metrics.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockFeb 20Feb 26Change
NextEra Energy, Inc. (NEE)100136.62+36.6%
Algonquin Power & U… (AQNB)10096.93-3.1%

NextEra Energy, Inc. (NEE) returned +36% over 5 years vs Algonquin Power & U… (AQNB)'s +24%. A $10,000 investment in NEE 5 years ago would be worth $13,627 today (including dividends reinvested).

Chart 2Revenue Growth — 10 Years

Stock20162025Change
NextEra Energy, Inc. (NEE)$16.1B$27.5B+70.3%
Algonquin Power & U… (AQNB)$823M$2.3B+181.9%

NextEra Energy, Inc.'s revenue grew from $16.1B (2016) to $27.5B (2025) — a 6.1% CAGR.

Chart 3Net Margin Trend — 10 Years

Stock20162025Change
NextEra Energy, Inc. (NEE)18.0%24.9%+37.8%
Algonquin Power & U… (AQNB)11.9%-59.5%-601.7%

NextEra Energy, Inc.'s net margin went from 18% (2016) to 25% (2025).

Chart 4P/E Ratio History — 9 Years

Stock20172025Change
NextEra Energy, Inc. (NEE)13.824.4+76.8%
Algonquin Power & U… (AQNB)26.6168.1+532.0%

NextEra Energy, Inc. has traded in a 13x–52x P/E range over 9 years; current trailing P/E is ~29x. Algonquin Power & Utilities Cor has traded in a 20x–168x P/E range over 4 years; current trailing P/E is ~172x.

Chart 5EPS Growth — 10 Years

Stock20162025Change
NextEra Energy, Inc. (NEE)1.563.29+110.9%
Algonquin Power & U… (AQNB)0.360.15-58.3%

NextEra Energy, Inc.'s EPS grew from $1.56 (2016) to $3.29 (2025) — a 9% CAGR.

Chart 6Free Cash Flow — 5 Years

2021
$-6B
$-1B
2022
$-10B
$-1B
2023
$-12B
$-398M
2024
$-9B
$-391M
2025
$-12B
NextEra Energy, Inc. (NEE)Algonquin Power & U… (AQNB)

NextEra Energy, Inc. generated $-12B FCF in 2025 (-101% vs 2021). Algonquin Power & Utilities Cor generated $-391M FCF in 2024 (+68% vs 2021).

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NEE vs AQNB: Frequently Asked Questions

8 questions · data-driven answers · updated daily

01

Is NEE or AQNB a better buy right now?

NextEra Energy, Inc. (NEE) offers the better valuation at 28.5x trailing P/E (23.3x forward), making it the more compelling value choice. Analysts rate NextEra Energy, Inc. (NEE) a "Buy" — based on 36 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — NEE or AQNB?

On trailing P/E, NextEra Energy, Inc. (NEE) is the cheapest at 28.5x versus Algonquin Power & Utilities Cor at 171.6x.

03

Which is the better long-term investment — NEE or AQNB?

Over the past 5 years, NextEra Energy, Inc. (NEE) delivered a total return of +36.3%, compared to +24.3% for Algonquin Power & Utilities Cor (AQNB). A $10,000 investment in NEE five years ago would be worth approximately $14K today (assuming dividends reinvested). Over 10 years, the gap is even starker: NEE returned +287.2% versus AQNB's +45.0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — NEE or AQNB?

By beta (market sensitivity over 5 years), Algonquin Power & Utilities Cor (AQNB) is the lower-risk stock at 0.08β versus NextEra Energy, Inc.'s 0.35β — meaning NEE is approximately 331% more volatile than AQNB relative to the S&P 500. On balance sheet safety, Algonquin Power & Utilities Cor (AQNB) carries a lower debt/equity ratio of 109% versus 144% for NextEra Energy, Inc. — giving it more financial flexibility in a downturn.

05

Which has better profit margins — NEE or AQNB?

NextEra Energy, Inc. (NEE) is the more profitable company, earning 24.9% net margin versus -59.5% for Algonquin Power & Utilities Cor — meaning it keeps 24.9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NEE leads at 30.1% versus 19.2% for AQNB. At the gross margin level — before operating expenses — NEE leads at 62.8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Which pays a better dividend — NEE or AQNB?

All stocks in this comparison pay dividends. NextEra Energy, Inc. (NEE) offers the highest yield at 2.4%, versus 1.6% for Algonquin Power & Utilities Cor (AQNB).

07

Is NEE or AQNB better for a retirement portfolio?

For long-horizon retirement investors, Algonquin Power & Utilities Cor (AQNB) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.08), 1.6% yield). Both have compounded well over 10 years (AQNB: +45.0%, NEE: +287.2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

08

What are the main differences between NEE and AQNB?

Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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Stocks Like

NEE

High-Growth Quality Leader

  • Sector: Utilities
  • Market Cap > $100B
  • Revenue Growth > 10%
  • Net Margin > 14%
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AQNB

High-Growth Disruptor

  • Sector: Utilities
  • Revenue Growth > 12%
  • Gross Margin > 22%
  • Dividend Yield > 0.6%
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Better Than Both

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Revenue Growth>
%
(NEE: 21.9% · AQNB: 24.4%)
P/E Ratio<
x
(NEE: 28.5x · AQNB: 171.6x)