NextEra Energy Partners Past Earnings Performance
Past criteria checks 5/6
NextEra Energy Partners has been growing earnings at an average annual rate of 44.4%, while the Renewable Energy industry saw earnings growing at 36% annually. Revenues have been growing at an average rate of 8.5% per year. NextEra Energy Partners's return on equity is 7.6%, and it has net margins of 39.4%.
Key information
44.4%
Earnings growth rate
37.0%
EPS growth rate
| Renewable Energy Industry Growth | 36.0% |
| Revenue growth rate | 8.5% |
| Return on equity | 7.6% |
| Net Margin | 39.4% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How NextEra Energy Partners makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 22 | 1,211 | 477 | 2 | 0 |
| 30 Sep 22 | 1,176 | 434 | 3 | 0 |
| 30 Jun 22 | 1,126 | 372 | 3 | 0 |
| 31 Mar 22 | 1,017 | 79 | 3 | 0 |
| 31 Dec 21 | 982 | 137 | 3 | 0 |
| 30 Sep 21 | 963 | 210 | 3 | 0 |
| 30 Jun 21 | 951 | 249 | 3 | 0 |
| 31 Mar 21 | 951 | 369 | 3 | 0 |
| 31 Dec 20 | 917 | -55 | 3 | 0 |
| 30 Sep 20 | 911 | -85 | 3 | 0 |
| 30 Jun 20 | 923 | -215 | 3 | 0 |
| 31 Mar 20 | 890 | -288 | 3 | 0 |
| 31 Dec 19 | 855 | -88 | 3 | 0 |
| 30 Sep 19 | 805 | -144 | 0 | 0 |
| 30 Jun 19 | 731 | -39 | 0 | 0 |
| 31 Mar 19 | 736 | 71 | 0 | 0 |
| 31 Dec 18 | 771 | 167 | 2 | 0 |
| 30 Sep 18 | 812 | 99 | 0 | 0 |
| 30 Jun 18 | 825 | 68 | 0 | 0 |
| 31 Mar 18 | 821 | -2 | 0 | 0 |
| 31 Dec 17 | 807 | -64 | 0 | 0 |
| 30 Sep 17 | 826 | 68 | -16 | 0 |
| 30 Jun 17 | 826 | 94 | -12 | 0 |
| 31 Mar 17 | 793 | 89 | -6 | 0 |
| 31 Dec 16 | 772 | 83 | 0 | 0 |
| 30 Sep 16 | 703 | 44 | 21 | 0 |
| 30 Jun 16 | 627 | 19 | 23 | 0 |
| 31 Mar 16 | 564 | 15 | 21 | 0 |
Quality Earnings: 1N6 has high quality earnings.
Growing Profit Margin: 1N6's current net profit margins (39.4%) are higher than last year (14%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1N6 has become profitable over the past 5 years, growing earnings by 44.4% per year.
Accelerating Growth: 1N6's earnings growth over the past year (248.2%) exceeds its 5-year average (44.4% per year).
Earnings vs Industry: 1N6 earnings growth over the past year (248.2%) exceeded the Renewable Energy industry 41%.
Return on Equity
High ROE: 1N6's Return on Equity (7.6%) is considered low.