NextEra Energy Inc operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares NextEra Energy Inc with three other
companies in this sector in UNITED STATES :
Southern Co
(2020
sales of $20.38 billion
of which 74%
was Traditional Electric Operating Companies),
Dominion Energy Inc
($14.17 billion
of which 55%
was Dominion Energy Virginia), and
American Electric Power Company, Inc.
($14.92 billion
of which 59%
was Vertically integrated Utilities).
Sales Analysis.
During the first
quarter of 2021, sales at NextEra Energy Inc totalled
$3.73 billion.
This is a drop of 19.2%
from the $4.61 billion in sales at the company during the first quarter in 2020.
This was the biggest quarterly decline in sales at NextEra Energy Inc in the previous 34 quarters.
Sales at NextEra Energy Inc appear to have some seasonality: during each of the previous 9
years, sales have been highest during the third quarter, which has accounted for
between 26.6% and 29.0%
of the annual
sales.
During the year ended December of 2020, sales at
NextEra Energy Inc were $18.00 billion.
This
is
a
decrease of 2.4%
versus 2019, when the company's sales were $18.44 billion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, NextEra Energy Inc had sales
of $16.55 billion.
Contributing to the drop in overall sales was the 10.5% decline
in Nextera Energy Resources, from $5.64 billion to $5.05 billion.
There were also decreases in sales in
Fpl (down 4.3% to $11.66 billion)
and
Gulf Power (down 6.0% to $1.40 billion)
.