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 |
Edwyn
Over the five-year period, Nextera Energy’s revenue shows an overall upward trajectory, increasing from USD 17,000 million in 2020 to a peak of USD 24,800 million in 2023 before tapering slightly to USD 23,500 million in 2024. Although the gross profit remains reported as zero throughout—likely indicating either a reporting omission or a non-disclosure—it is notable that the operating income and net income figures offer insight into the company’s operational performance. Operating income experienced significant volatility: it declined sharply by approximately 43% from USD 5,116 million in 2020 to USD 2,913 million in 2021, recovered to USD 4,081 million in 2022, surged by over 150% to USD 10,237 million in 2023, and then contracted by roughly 27% to USD 7,479 million in 2024. Net income followed an overall upward trend as well, rising from USD 2,919 million in 2020 to USD 7,310 million in 2023, before a modest decrease to USD 6,946 million in 2024. In context, Nextera Energy operates in the renewable energy sector, an industry that has seen dynamic market conditions and evolving regulatory and operational challenges over recent years. The significant dip in operating income in 2021, followed by a robust recovery and remarkable jump in 2023, may reflect underlying operational adjustments, investments in new projects, or broader market factors impacting cost structures. Meanwhile, the slight revenue dip in 2024, along with the moderated net income, suggests the company might be recalibrating amidst tightening market conditions. Overall, despite some year-over-year swings—particularly the notable 43% decline and subsequent 150% increase in operating income—the company’s growth in revenue and net income is indicative of a strong operational base and sound financial health, positioning it for sustained performance within its competitive 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.