Runs Florida’s largest regulated electric utility alongside one of the largest wind and solar generation businesses in the country.
NextEra Energy (NEE) scores 4.8 out of 10 as of , computed from its reported financial statements. That reads as mixed quality. The reading rests on growth, and solvency is what holds it back.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
NextEra Energy’s filings do not show enough of the signs a moat leaves: 2 of 4 indicators passed.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
A regulated utility earns an allowed return on its asset base, which makes profitability a policy outcome as much as a management one and predictability close to guaranteed. Growth comes from building, and building is debt-funded, so solvency is the pillar carrying the risk. The score is a compact way of asking whether the renewables arm is worth the leverage.
NextEra Energy (NEE) has a Lemma Quality Score of 4.8 out of 10 as of October 17, 2026, which reads as mixed quality. A mixed reading means the strengths and weaknesses roughly cancel out, and the case for the business depends on which pillars you care about most. Five pillars feed it, and every one of them is computed from what the company reported rather than from its share price.
Set against 52 Utilities companies, NextEra Energy lands at the 82nd percentile, among the stronger quarter of the group. The median across the group is 3.9, and the top quarter begins at 4.4, so NextEra Energy is above the typical company here.
On profitability, NextEra Energy scores 7.3, a strong reading. Its peers have a median of 4.8 across 49 Utilities companies, which places it well above them, at the 96th percentile. A reading this strong says the business earns well on what it sells and on the capital it uses, the kind of margin profile competitors find hard to copy.
NextEra Energy’s solvency score is 1.7 out of 10 (weak). Against a median of 2.9 among 49 Utilities companies, that is below the group and the 6th percentile. A low reading here is a question about resilience: how long the company could keep paying its obligations if earnings dropped.
On growth, NextEra Energy scores 7.6, a strong reading. Its peers have a median of 4.9 across 47 Utilities companies, which places it well above them, at the 91st percentile. Growth at this level is valuable when it is sustained, and the predictability pillar is the place to check whether it has been steady.
Efficiency scores 4.8 out of 10, which reads as average. The median across 51 Utilities companies is 3.0, so NextEra Energy is well above its peers on this pillar and ranks at the 84th percentile. Efficiency near the median says the operation is neither unusually lean nor unusually capital hungry.
Predictability scores 1.9 out of 10, which reads as weak. The median across 51 Utilities companies is 3.5, so NextEra Energy is well below its peers on this pillar and ranks at the 16th percentile. When results are this uneven, the averages behind the other pillars hide a lot of movement, and a longer history tells more than the latest year.
This is a lopsided profile. Growth scores 7.6 but solvency only 1.7, a gap of 5.9 points, so the overall hides a business that is excellent in one respect and weak in another. A growth lead says the business is expanding faster than it is doing anything else well, which is worth checking against predictability. A solvency shortfall makes the business more exposed to rising rates and to a weak year.
Closing the gap on predictability would do the most for the overall. At the median of Utilities companies, 3.5, NextEra Energy would score about 5.1 instead of 4.8. All five pillars could be scored, so the overall uses the full set of weights out of 100: profitability 25, solvency 20, growth 20, efficiency 15, predictability 20.
These are the Utilities companies closest to NextEra Energy in market value. Each has its own page scored on the same five pillars, so the comparison is like for like.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading NextEra Energy scores 4.8 out of 10, which reads as mixed quality. Its strongest pillar is growth, its weakest is solvency. Quality is not the same as a good investment: the score says nothing about the price you would pay.
NextEra Energy ranks at the 82nd percentile of the 52 Utilities companies Lemma publishes a score for. The median there is 3.9 and the top quarter starts at 4.4, against NextEra Energy’s 4.8.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 17, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for NEE are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
Free to start · No credit card