NextEra Energy Partners, LP

NextEra Energy Partners, LPverified

NEP

Price:

$26.2

Market Cap:

$2.45B

NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.[Read more]

Industry

Renewable Utilities

IPO Date

2014-06-27

Stock Exchange

NYSE

Ticker

NEP

The PE Ratio as of July 2024 (TTM) for NextEra Energy Partners, LP (NEP) is 17.01

According to NextEra Energy Partners, LP’s latest financial reports and current stock price. The company's current PE Ratio is 17.01. This represents a change of 75.27% compared to the average of 9.71 of the last 4 quarters.

NextEra Energy Partners, LP (NEP) Historical PE Ratio (quarterly & annually)

How has NEP PE Ratio performed in the past?

The mean historical PE Ratio of NextEra Energy Partners, LP over the last ten years is 27.76. The current 17.01 PE Ratio has changed 6.03% with respect to the historical average. Over the past ten years (40 quarters), NEP's PE Ratio was at its highest in in the September 2017 quarter at 546.94. The PE Ratio was at its lowest in in the December 2021 quarter at -177.72.

Quarterly (TTM)
Annual

Average

27.76

Median

13.18

Minimum

-37.69

Maximum

210.38

NextEra Energy Partners, LP (NEP) PE Ratio by Quarter and Year

Discovering the peaks and valleys of NextEra Energy Partners, LP PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 209.17%

Maximum Annual PE Ratio = 210.38

Minimum Annual Increase = -403.20%

Minimum Annual PE Ratio = -37.69

Quarterly (TTM)
Annual
YearPE RatioChange
202313.93162.38%
20225.31-65.46%
202115.37-179.75%
2020-19.27151.47%
2019-7.66-145.81%
201816.73-144.38%
2017-37.69-403.20%
201612.43-81.74%
201568.06-67.65%
2014210.38209.17%

NextEra Energy Partners, LP (NEP) Average PE Ratio

How has NEP PE Ratio performed in the past?

The current PE Ratio of NextEra Energy Partners, LP (NEP) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

11.53

5-year avg

1.53

10-year avg

27.76

NextEra Energy Partners, LP (NEP) PE Ratio vs. Peers

How is NEP’s PE Ratio compared to its peers?

NextEra Energy Partners, LP’s PE Ratio is greater than Brookfield Renewable Corporation (7.74), greater than Algonquin Power & Utilities Corp. (-12.84), less than Clearway Energy, Inc. (40.11), less than Atlantica Sustainable Infrastructure plc (52.30), less than Clearway Energy, Inc. (40.11), greater than Brookfield Renewable Partners L.P. (-102.42), greater than Algonquin Power & Utilities Corp. (-40.34), greater than Ørsted A/S (-8.11),

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