Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $17,000 | $18,800 | $23,000 | $24,800 | $23,500 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $5,116 | $2,913 | $4,081 | $10,237 | $7,479 |
| Net Income | $2,919 | $3,573 | $4,147 | $7,310 | $6,946 |
Over the five-year period, Nextera Energy’s revenue has shown overall growth, rising from USD 17,000 million in 2020 to a peak of USD 24,800 million in 2023 before dipping slightly to USD 23,500 million in 2024. The revenue growth, particularly the near 22% increase from 2021 (USD 18,800 million) to 2022 (USD 23,000 million), suggests an expansion in the company's market operations or strategic deployments amid favorable industry dynamics. The absence of reported gross profit figures over the period limits an assessment of cost of goods sold or margin pressures. However, the variations in operating income and net income offer insights into its operational performance. Operating income declined sharply by approximately 43% from USD 5,116 million in 2020 to USD 2,913 million in 2021, marking a significant swing that could reflect heightened operational costs or reduced efficiency. A notable turnaround occurred in 2023 when operating income surged to USD 10,237 million, over a 150% increase from 2022, before contracting to USD 7,479 million in 2024. Net income followed a similar trajectory, with steady growth peaking at USD 7,310 million in 2023. Overall, the company’s financial performance appears resilient, with strong revenue growth and periods of significant improvement in operating and net incomes. The pronounced year-over-year swings in operating income and net income in 2023 indicate potential operational optimizations or market-driven factors, such as favorable pricing in the renewable energy sector, which is known for its cyclical fluctuations and regulatory-driven opportunities. Despite the slight revenue contraction in 2024 and a modest decline in profitability metrics, the data-driven trends suggest that Nextera Energy maintains a solid operational foundation, underpinning its long-term financial health and sustainability in a competitive and evolving industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.