NextEra Energy, Inc. (NEE) P/E Ratio History
Historical price-to-earnings valuation from 1994 to 2026
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NEE Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, NextEra Energy, Inc. (NEE) trades at a price-to-earnings ratio of 29.0x, with a stock price of $95.39 and trailing twelve-month earnings per share of $3.92.
The current P/E is 17% below its 5-year average of 35.0x. Over the past five years, NEE's P/E has ranged from a low of 15.2x to a high of 114.4x, placing the current valuation at the 65th percentile of its historical range.
Compared to the Utilities sector median P/E of 19.8x, NEE trades at a 46% premium to its sector peers. The sector includes 109 companies with P/E ratios ranging from 0.0x to 174.1x.
The PEG ratio of 1.67 (P/E divided by -2% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, NEE trades roughly in line with the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our NEE DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
NEE P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $98B | 19.9 | 0.67 | +11% | |
| $105B | 23.9 | 4.08 | -2% | |
| $54B | 17.9 | - | +41% | |
| $72B | 19.9 | 2.33 | +19% | |
| $45B | 16.5 | 2.61 | +11% | |
| $61B | 29.5 | - | -28% | |
| $50B | 23.6 | 5.67 | -1% | |
| $8B | 27.1 | 0.60 | +89%Best | |
| $10B | 11.4Lowest | 0.15Best | -47% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
NEE Historical P/E Data (1994–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $92.88 | $3.93 | 23.6x | +18% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $80.28 | $3.29 | 24.4x | +22% |
| FY2025 Q3 | $75.49 | $3.14 | 24.0x | +20% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $69.42 | $2.86 | 24.3x | +21% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $70.89 | $2.67 | 26.6x | +33% |
| FY2024 Q4 | $71.69 | $3.37 | 21.3x | +6% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $84.53 | $3.38 | 25.0x | +25% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $70.81 | $3.08 | 23.0x | +15% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $63.91 | $3.67 | 17.4x | -13% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $60.74 | $3.61 | 16.8x | -16% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $57.29 | $3.78 | 15.2x | -24% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $74.20 | $4.04 | 18.4x | -8% |
Average P/E for displayed period: 20.0x
Full NEE Stock Analysis
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Start ComparisonNEE — Frequently Asked Questions
Quick answers to the most common questions about buying NEE stock.
Is NEE stock overvalued or undervalued?
NEE trades at 29.0x P/E, near its 5-year average of 35.0x. The 65th percentile ranking places valuation within normal historical bounds.
How does NEE's valuation compare to peers?
NextEra Energy, Inc. P/E of 29.0x compares to sector median of 19.8x. The premium reflects expected growth above peers.
What is NEE's PEG ratio?
NEE PEG ratio is 1.67. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 1994-2026.