Non-Current Assets

Construction in progress

Nextra Energy Construction in progress increased by 5.7% to $23.32B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.2%, from $20.60B to $23.32B. Over 4 years (FY 2020 to FY 2024), Construction in progress shows an upward trend with a 19.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ2 2015
Last reportedQ4 2025
Parent metricPP&E (Net)

How to read this metric

A high balance indicates significant ongoing capital expenditure and future growth potential through expanded production capacity.

Detailed definition

The accumulated costs for capital projects that are currently under construction and not yet ready for operational use....

Peer comparison

Reflects the company's current investment cycle and long-term growth strategy compared to industry peers.

Metric ID: ppe_construction_in_progress

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$13.37B$15.34B$14.14B$14.72B$15.51B$15.96B$15.68B$16.26B$17.41B$18.90B$18.65B$16.68B$17.33B$20.60B$21.66B$20.97B$22.06B$23.32B
QoQ Change+14.8%-7.8%+4.1%+5.3%+2.9%-1.8%+3.8%+7.0%+8.6%-1.3%-10.6%+3.9%+18.8%+5.2%-3.2%+5.2%+5.7%
YoY Change+16.0%+4.0%+10.8%+10.5%+12.3%+18.4%+19.0%+2.6%-0.4%+9.0%+16.1%+25.7%+27.3%+13.2%
% of PP&E (Net)13.8%15.5%14.2%14.4%14.7%14.7%14.1%14.2%14.8%15.6%14.8%12.9%13.0%15.3%15.6%14.7%15.1%15.5%
Share Change+1.7pp-1.2pp+0.2pp+0.3pp+0.0pp-0.6pp+0.0pp+0.6pp+0.8pp-0.8pp-1.9pp+0.1pp+2.3pp+0.3pp-0.9pp+0.4pp+0.4pp
Range$13.37B$23.32B
CAGR+14.0%
Avg YoY Growth+13.2%
Median YoY Growth+12.7%
Current Streak2 quarters growth

Construction in progress at Other Companies

Frequently Asked Questions

What is Nextra Energy's construction in progress?
Nextra Energy (NEE) reported construction in progress of $23.32B in Q3 2025.
How has Nextra Energy's construction in progress changed year-over-year?
Nextra Energy's construction in progress increased by 13.2% year-over-year, from $20.60B to $23.32B.
What is the long-term trend for Nextra Energy's construction in progress?
Over 4 years (2020 to 2024), Nextra Energy's construction in progress has grown at a 19.4% compound annual growth rate (CAGR), from $10.64B to $21.66B.
What does construction in progress mean?
The value of capital projects currently being built but not yet in use.