Discontinued — last reported Q3 '24
Business Segments · Operating expenses – net
FPL Segment — Operating expenses – net
Nextra Energy FPL Segment — Operating expenses – net increased by 17.4% to $3.11B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 17.5%, from $3.77B to $3.11B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2024
Rolls up toTotal Operating Expenses
How to read this metric
An increase may signal rising fuel costs or operational inefficiencies, while a decrease suggests improved cost control or lower commodity prices.
Detailed definition
This metric captures the total costs incurred to operate the utility segment, including fuel, purchased power, maintenan...
Peer comparison
Comparable to 'Operating and Maintenance Expenses' or 'Total Operating Expenses' in peer utility financial statements.
Metric ID:
nee_segment_fpl_segment_operating_expenses_netHistorical Data
12 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.07B | $2.54B | $2.23B | $2.47B | $3.02B | $3.57B | $2.37B | $3.12B | $3.77B | $2.16B | $2.65B | $3.11B |
| QoQ Change | — | +23.0% | -12.2% | +10.7% | +22.4% | +18.0% | -33.5% | +31.6% | +20.7% | -42.8% | +22.8% | +17.4% |
| YoY Change | — | — | — | — | +46.3% | +40.4% | -3.9% | +3.3% | +5.7% | -9.1% | -15.2% | -17.5% |
Range$2.07B – $3.77B
CAGR+16.0%
Avg YoY Growth+6.3%
Median YoY Growth-0.3%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Nextra Energy's fpl segment — operating expenses – net?
- Nextra Energy (NEE) reported fpl segment — operating expenses – net of $3.11B in Q3 2024.
- How has Nextra Energy's fpl segment — operating expenses – net changed year-over-year?
- Nextra Energy's fpl segment — operating expenses – net decreased by 17.5% year-over-year, from $3.77B to $3.11B.
- What does fpl segment — operating expenses – net mean?
- The total net costs required to run the utility's daily operations and power generation activities.