Discontinued — last reported Q4 '23

Business Segments · Operating expenses - net

Florida Power Light Company — Operating expenses - net

Nextra Energy Florida Power Light Company — Operating expenses - net remained flat by 0.0% to $3.04B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 1.5%, from $3.00B to $3.04B. Over 2 years (FY 2021 to FY 2023), Florida Power Light Company — Operating expenses - net shows an upward trend with a 7702.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2023

How to read this metric

An increase may indicate rising fuel costs or higher maintenance requirements, while a decrease suggests improved operational efficiency or lower input costs.

Detailed definition

This metric represents the total costs incurred by the utility segment to maintain operations, excluding non-operating i...

Peer comparison

Similar to 'Total Operating Expenses' reported by other regulated utility companies, though accounting for fuel pass-through mechanisms varies by jurisdiction.

Metric ID: nee_segment_fpl_operating_expenses_net

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Value$0.00$1.00M-$3.00M$3.00B$3.00B$3.00B$3.00B$3.04B$3.04B$3.04B$3.04B
QoQ Change-400.0%>999%+0.0%+0.0%+0.0%+1.5%+0.0%+0.0%+0.0%
YoY Change>999%>999%+1.5%+1.5%+1.5%+1.5%
Range-$3.00M$3.04B
Avg YoY Growth>999%
Median YoY Growth+1.5%
Current Streak8 quarters growth

Frequently Asked Questions

What is Nextra Energy's florida power light company — operating expenses - net?
Nextra Energy (NEE) reported florida power light company — operating expenses - net of $3.04B in Q4 2023.
How has Nextra Energy's florida power light company — operating expenses - net changed year-over-year?
Nextra Energy's florida power light company — operating expenses - net increased by 1.5% year-over-year, from $3.00B to $3.04B.
What is the long-term trend for Nextra Energy's florida power light company — operating expenses - net?
Over 2 years (2021 to 2023), Nextra Energy's florida power light company — operating expenses - net has grown at a 7702.2% compound annual growth rate (CAGR), from -$2.00M to $12.18B.
What does florida power light company — operating expenses - net mean?
The total cost of running the utility's daily operations, including fuel, maintenance, and infrastructure depreciation.