NextEra Energy Partners, LP (NEP) Financials

NYSE:NEP

Market Cap

4.64B

Total Revenue

1.21B

Gross Profit

640.00M

Operating Income

125.00M

Net Income

1.12B

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	141,796,000	301,000,000	471,000,000	715,000,000	807,000,000	771,000,000	855,000,000	917,000,000	982,000,000	1,211,000,000
costOfRevenue	29,640,000	56,000,000	99,000,000	202,000,000	253,000,000	257,000,000	336,000,000	363,000,000	419,000,000	571,000,000
grossProfit	112,156,000	245,000,000	372,000,000	513,000,000	554,000,000	514,000,000	519,000,000	554,000,000	563,000,000	640,000,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	--	--	--	--	--	--	--	--	--	--
sellingGeneralAndAdministrativeExpenses	--	--	--	--	--	--	--	--	--	--
operatingExpenses	46,294,000	83,000,000	157,000,000	223,000,000	247,000,000	224,000,000	286,000,000	301,000,000	329,000,000	479,000,000
operatingIncome	65,862,000	162,000,000	215,000,000	290,000,000	307,000,000	443,000,000	233,000,000	363,000,000	234,000,000	125,000,000
totalOtherIncomeExpensesNet	4,886,000	-93,000,000	3,000,000	258,000,000	168,000,000	231,000,000	-663,000,000	-620,000,000	238,000,000	1,167,000,000
ebitda	105,366,000	238,000,000	359,000,000	564,000,000	701,000,000	571,000,000	603,000,000	737,000,000	639,000,000	698,000,000
depreciationAndAmortization	38,928,000	76,000,000	141,000,000	205,000,000	226,000,000	203,000,000	370,000,000	374,000,000	405,000,000	573,000,000
interestIncome	--	--	--	--	--	--	--	--	47,000,000	853,000,000
interestExpense	41,637,000	93,000,000	117,000,000	140,000,000	199,000,000	248,000,000	702,000,000	620,000,000	47,000,000	853,000,000
incomeBeforeTax	29,111,000	69,000,000	101,000,000	408,000,000	276,000,000	273,000,000	-430,000,000	-257,000,000	472,000,000	1,292,000,000
incomeTaxExpense	18,337,000	16,000,000	21,000,000	51,000,000	167,000,000	6,000,000	-26,000,000	-19,000,000	48,000,000	171,000,000
netIncome	7,642,000	3,000,000	10,000,000	90,000,000	-62,000,000	192,000,000	-404,000,000	-238,000,000	424,000,000	1,121,000,000
eps	1.23	0.16	0.46	2.05	-1.14	3.5	-6.87	-3.51	5.49	14.63
epsdiluted	1.23	0.16	0.46	2.05	-1.14	2.57	-5.33	-3.51	5.48	14.63
weightedAverageShsOut	16,250,000	18,700,000	22,800,000	43,800,000	54,200,000	54,900,000	58,800,000	67,901,235	77,200,000	76,600,000
weightedAverageShsOutDil	16,250,000	18,700,000	22,800,000	43,800,000	54,200,000	74,600,000	75,800,000	67,901,235	77,400,000	76,600,000
costAndExpenses	75,934,000	139,000,000	256,000,000	425,000,000	500,000,000	481,000,000	622,000,000	664,000,000	748,000,000	1,050,000,000
otherExpenses	77,000	83,000,000	5,000,000	53,000,000	117,000,000	22,000,000	286,000,000	301,000,000	329,000,000	479,000,000

Key Facts

Industry

Utilities—Renewable

Sector

Utilities

Headquarters

Juno Beach, FL, US

Website

investor.nexteraenergypartners.com

CEO

Mr. John W. Ketchum

Employees

About the Company

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.