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Nextra Energy NEE NEER Segment — Other operations and maintenance

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Other financials

Income statement

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Revenue$6.1B+1.7%
Operating income$2.2B-2.1%
Net income$2.2B+162%
EPS (diluted)$1.04+160%

Balance sheet

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Cash & equivalents$2.5B-2.9%
Total debt$97.8B+11.8%
Total equity$55.2B+10.9%
Total assets$221.42B+14.0%

Cash flow

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Operating cash flow$2.6B-5.6%
CapEx$3.0B+30.1%
Free cash flow-$432.0M-201%

Valuation

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Market cap$186.75B+23.2%
Enterprise value$282.06B+18.5%
P/E22.8×-2.8×
P/S6.8×+0.9×

Profitability

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Operating margin29.8%-0.8pp
Net margin29.6%+7.8pp
FCF margin10.5%-8.7pp

Returns & leverage

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Return on equity15.6%+4.4pp
Debt / equity1.8×0.0×
Current ratio0.5×0.0×

Where this comes from

Reported directly by Nextra Energy in its filing.

Tagged under the XBRL concept us-gaap:UtilitiesOperatingExpenseMaintenanceAndOperations.

The official record: Nextra Energy’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nextra Energy's NEER segment — other operations and maintenance?
Nextra Energy (NEE) reported NEER segment — other operations and maintenance of $870M in Q1 2026.
How has Nextra Energy's NEER segment — other operations and maintenance changed year-over-year?
Nextra Energy's NEER segment — other operations and maintenance increased by 32.0% year-over-year, from $659M to $870M.
What is the long-term trend for Nextra Energy's NEER segment — other operations and maintenance?
Over 3 years (2022 to 2025), Nextra Energy's NEER segment — other operations and maintenance has grown at a 9.9% compound annual growth rate (CAGR), from $2.26B to $3B.
What does NEER segment — other operations and maintenance mean?
Represents the recurring expenses required to operate and maintain the segment's assets, excluding fuel and depreciation. This includes labor, administrative costs, and routine maintenance necessary for asset reliability. It is a key measure of the segment's operational efficiency and cost control.