“Operating Revenues Operating revenues for the three months ended June 30, 2026 increased $618 million primarily due to: • the impact of non-qualifying commodity hedges due primarily to changes in energy prices (approximately $188 million of gains for the thre…”10-Q · Jul 24, 2026 ↗
NextEra Energy, Inc.
NEE
Market read
NextEra Energy, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 3 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.
- Favorable after-tax impacts of approximately $846 million were reported for six months ended June 30, 2026 from changes in fair value of interest-rate derivative instruments.
- Non-qualifying commodity hedges produced approximately $188 million of gains for the three months ended June 30, 2026 (vs $175 million of losses in prior year), affecting operating revenues.
Invalidation: The isolated read changes if NEE's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 3 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Favorable after-tax impacts of approximately $846 million were reported for six months ended June 30, 2026 from changes in fair value of interest-rate derivative instruments.
- Non-qualifying commodity hedges produced approximately $188 million of gains for the three months ended June 30, 2026 (vs $175 million of losses in prior year), affecting operating revenues.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +9.8% year over year.
- Credit and interest rates has repeated favorable evidence across 4 filings.
- Net margin changed -3.1 percentage points in the latest annual period.
- P/E is 28% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 121% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
82.32Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Corporate and Other's results increased for the three and six months ended June 30, 2026 primarily due to favorable non-qualifying hedge activity compared to 2025, partly offset by higher interest expense driven by higher average debt balances.”10-Q · Jul 24, 2026 ↗
“The change in non-qualifying hedge activity is primarily attributable to changes in forward power and natural gas prices, interest rates and foreign currency exchange rates, as well as the reversal of previously recognized unrealized mark-to-market gains or l…”10-Q · Jul 24, 2026 ↗
“NEER's results increased for the six months ended June 30, 2026 primarily reflecting the absence of an impairment charge related to the investment in XPLR recorded in 2025, favorable non-qualifying hedge activity compared to 2025 and higher earnings from new…”10-Q · Jul 24, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 6.6× · EV/sales 10.0×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for NEE. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for NEE. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind NEE
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
PWFiling-linked namecustomerFeb 13, 2026 ▾
“AND FLORIDA POWER & LIGHT COMPANY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) Structured Payables – Under NEE's structured payables program, subsidiaries of NEE issue negotiable drafts, backed by NEECH guarantees, to settle invoices with suppliers…”
Depended on by
PORPortland General Electric CompanypartnerMay 1, 2026 ▾
“Wheatridge Expansion—PGE and NextEra Energy, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
NEE is currently a Early Follower in the organic co-movement group Regulated Electric Utilities. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.