Discontinued — last reported Q3 '24

Business Segments · Net income attributable to NEE - basic

FPL Segment — Net income attributable to NEE - basic

Nextra Energy FPL Segment — Net income attributable to NEE - basic increased by 5.0% to $1.29B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.3%, from $1.18B to $1.29B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2024
Rolls up toNet Income

How to read this metric

An increase signals strong operational performance and effective cost management within the utility segment, directly benefiting the parent company's earnings.

Detailed definition

This metric represents the portion of the utility segment's net income that is attributable to the parent company's comm...

Peer comparison

Equivalent to 'Segment Net Income' or 'Contribution to Net Income' in peer utility segment reporting.

Metric ID: nee_segment_fpl_segment_net_income_attributable_to_nee_basic

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24
Value$819.00M$836.00M$560.00M$875.00M$989.00M$1.07B$1.07B$1.15B$1.18B$1.17B$1.23B$1.29B
QoQ Change+2.1%-33.0%+56.3%+13.0%+8.6%-0.4%+7.7%+2.7%-0.9%+5.1%+5.0%
YoY Change+20.8%+28.5%+22.3%+16.5%+10.1%+9.5%+6.9%+9.3%
Range$560.00M$1.29B
CAGR+18.1%
Avg YoY Growth+15.5%
Median YoY Growth+13.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Nextra Energy's fpl segment — net income attributable to nee - basic?
Nextra Energy (NEE) reported fpl segment — net income attributable to nee - basic of $1.29B in Q3 2024.
How has Nextra Energy's fpl segment — net income attributable to nee - basic changed year-over-year?
Nextra Energy's fpl segment — net income attributable to nee - basic increased by 9.3% year-over-year, from $1.18B to $1.29B.
What does fpl segment — net income attributable to nee - basic mean?
The segment's net profit that is available to the parent company's shareholders.