Business Segments · Interest Expense

Florida Power & Light Company — Interest Expense

Nextra Energy Florida Power & Light Company — Interest Expense increased by 5.6% to $338.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.6%, from $317.00M to $338.00M. Over 4 years (FY 2021 to FY 2025), Florida Power & Light Company — Interest Expense shows an upward trend with a 20.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026Apr 23, 2026
Rolls up toInterest Expense

How to read this metric

An increase signals higher debt levels or rising interest rates, which can pressure margins, while a decrease suggests debt reduction or refinancing at better rates.

Detailed definition

The cost of servicing the debt obligations used to finance the utility's capital-intensive operations and infrastructure...

Peer comparison

Standard metric for all capital-intensive utilities; reflects the cost of debt in the utility sector.

Metric ID: nee_segment_fpl_interest_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$153.75M$153.75M$153.75M$192.00M$192.00M$192.00M$192.00M$278.50M$278.50M$278.50M$278.50M$279.00M$290.00M$304.00M$304.00M$317.00M$326.00M$320.00M$320.00M$338.00M
QoQ Change+0.0%+0.0%+24.9%+0.0%+0.0%+0.0%+45.1%+0.0%+0.0%+0.0%+0.2%+3.9%+4.8%+0.0%+4.3%+2.8%-1.8%+0.0%+5.6%
YoY Change+24.9%+24.9%+24.9%+45.1%+45.1%+45.1%+45.1%+0.2%+4.1%+9.2%+9.2%+13.6%+12.4%+5.3%+5.3%+6.6%
Range$153.75M$338.00M
CAGR+18.0%
Avg YoY Growth+20.0%
Median YoY Growth+13.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Nextra Energy's florida power & light company — interest expense?
Nextra Energy (NEE) reported florida power & light company — interest expense of $338.00M in Q1 2026.
How has Nextra Energy's florida power & light company — interest expense changed year-over-year?
Nextra Energy's florida power & light company — interest expense increased by 6.6% year-over-year, from $317.00M to $338.00M.
What is the long-term trend for Nextra Energy's florida power & light company — interest expense?
Over 4 years (2021 to 2025), Nextra Energy's florida power & light company — interest expense has grown at a 20.2% compound annual growth rate (CAGR), from $615.00M to $1.28B.
What does florida power & light company — interest expense mean?
The cost of interest payments on debt used to fund utility operations.