Business Segments · Electric utility plant and other property – net

Florida Power & Light Company — Electric utility plant and other property – net

Nextra Energy Florida Power & Light Company — Electric utility plant and other property – net increased by 2.9% to $84.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.6%, from $77.43B to $84.12B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026Apr 23, 2026
Rolls up toPP&E (Net)

How to read this metric

An increase typically reflects ongoing investment in the rate base, which supports future earnings growth in a regulated environment.

Detailed definition

This represents the book value of the utility's physical assets, such as power plants, transmission lines, and distribut...

Peer comparison

Standard 'Net Property, Plant, and Equipment' (PP&E) metric used by all capital-intensive utility companies.

Metric ID: nee_segment_fpl_electric_utility_plant_and_other_property_net

Historical Data

9 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$58.23B$64.69B$70.61B$76.17B$77.43B$78.89B$80.52B$81.76B$84.12B
QoQ Change+11.1%+9.1%+7.9%+1.7%+1.9%+2.1%+1.5%+2.9%
YoY Change+11.1%+9.1%+7.9%+7.3%+8.6%
Range$58.23B$84.12B
CAGR+20.2%
Avg YoY Growth+8.8%
Median YoY Growth+8.6%
Current Streak8+ quarters growth

Frequently Asked Questions

What is Nextra Energy's florida power & light company — electric utility plant and other property – net?
Nextra Energy (NEE) reported florida power & light company — electric utility plant and other property – net of $84.12B in Q1 2026.
How has Nextra Energy's florida power & light company — electric utility plant and other property – net changed year-over-year?
Nextra Energy's florida power & light company — electric utility plant and other property – net increased by 8.6% year-over-year, from $77.43B to $84.12B.
What does florida power & light company — electric utility plant and other property – net mean?
The net value of the utility's physical assets like power plants and grid infrastructure.