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Nextra Energy NEE Rate Regulated Transmission — Goodwill

Other segment segments

Generation Assets Unit Member
$420M-0.9%
Customer Supply
$299M0.0%
Corporate and Other
$11M0.0%

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$432M0.0%
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KOPRailroad and Utility Products and Services — Goodwill
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UGIRegulated natural gas utilities — Goodwill, Written off Related to Sale of Business Unit
$0
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GTESPower Transmission — Goodwill
$1.33B+4.2%

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:Goodwill.

The official record: Nextra Energy’s 10-K, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nextra Energy's rate regulated transmission — goodwill?
Nextra Energy (NEE) reported rate regulated transmission — goodwill of $1.15B in Q4 2025.
How has Nextra Energy's rate regulated transmission — goodwill changed year-over-year?
Nextra Energy's rate regulated transmission — goodwill decreased by 1.1% year-over-year, from $1.17B to $1.15B.
What does rate regulated transmission — goodwill mean?
This metric represents the portion of goodwill specifically allocated to the rate-regulated utility segment, reflecting the premium paid for acquisitions within the regulated power distribution and generation business. It captures the intangible value associated with the utility's ability to earn a regulated rate of return on its asset base. This figure is critical for assessing the carrying value of regulated operations and potential impairment risks related to utility-specific regulatory environments.