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.
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.
The cost of servicing the debt obligations used to finance the utility's capital-intensive operations and infrastructure...
Standard metric for all capital-intensive utilities; reflects the cost of debt in the utility sector.
nee_segment_fpl_interest_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |