NEE Q1 2018 Earnings Report — NextEra Energy, Inc. Revenue & Financial Results | Market Cap Arena

NextEra Energy, Inc.NEE

Q1 2018 Earnings

Reported April 24, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2018	Q4 2017	Q1 2017	QoQ Change	YoY Change
Revenue	$3.9B	$4.0B	$4.0B	-3.8%	-2.9%
Op. Income	$1.1B	$236M	$2.4B	348.7%	-55.2%
Gross Margin	58.8%	52.5%	56.3%	6.3pp	2.5pp
Net Margin	114.9%	53.7%	39.9%	61.1pp	75.0pp
EPS (Diluted)	$2.34	$1.14	$0.84	105.3%	178.6%
Free Cash Flow	$2M	-$283M	-$478M	100.7%	100.4%

Revenue Flow

Item	Amount
REVENUE	$3.9B
Cost of Revenue	$1.6B
GROSS PROFIT	$2.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$1.2B
Operating Expenses	$1.2B
Cost & Expenses	$2.8B
OPERATING INCOME	$1.1B
Interest Income	$18M
Interest Expense	$226M
Other Income/Expenses	$4.0B
INCOME BEFORE TAX	$5.1B
Income Tax Expense	$1.3B
Net Income from Continuing Ops	$3.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4.4B
Net Income Deductions	-$9M
BOTTOM LINE NET INCOME	$4.4B
D&A	$925M
EBIT	$5.3B
EBITDA	$6.2B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$3.9B
Cost of Revenue	$1.6B
GROSS PROFIT	$2.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$1.2B
Operating Expenses	$1.2B
Cost & Expenses	$2.8B
OPERATING INCOME	$1.1B
Interest Income	$18M
Interest Expense	$226M
Other Income/Expenses	$4.0B
INCOME BEFORE TAX	$5.1B
Income Tax Expense	$1.3B
Net Income from Continuing Ops	$3.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4.4B
Net Income Deductions	-$9M
BOTTOM LINE NET INCOME	$4.4B
D&A	$925M
EBIT	$5.3B
EBITDA	$6.2B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$4.4B
Depreciation & Amortization	$924M
Stock-Based Compensation	$0
Deferred Income Tax	$1.3B
Other Non-Cash Items	-$4.9B
Change in Working Capital	-$395M
OPERATING CASH FLOW	$1.3B
Capital Expenditure	-$1.3B
Acquisitions (Net)	-$2.1B
Purchases of Investments	-$3.3B
Sales/Maturities of Investments	$919M
Other Investing Activities	$2.1B
NET CASH FROM INVESTING	-$3.7B
Net Debt Issuance	$1.9B
Common Stock Repurchased	$0
Common Dividends Paid	-$523M
Other Financing Activities	-$63M
NET CASH FROM FINANCING	$1.3B
FREE CASH FLOW	$2M
Net Change in Cash	-$1.1B

Balance Sheet

Item	Amount
Cash & Equivalents	$550M
Short-Term Investments	$0
Net Receivables	$2.4B
Inventory	$1.2B
Other Current Assets	$1.5B
TOTAL CURRENT ASSETS	$5.6B
PP&E (Net)	$67.2B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$12.8B
Tax Assets	$0
Other Non-Current Assets	$8.7B
TOTAL NON-CURRENT ASSETS	$88.7B
TOTAL ASSETS	$94.3B
Account Payables	$1.7B
Short-Term Debt	$4.1B
Deferred Revenue	$450M
Other Current Liabilities	$1.8B
TOTAL CURRENT LIABILITIES	$9.6B
Long-Term Debt	$28.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$7.0B
Other Non-Current Liabilities	$13.6B
TOTAL NON-CURRENT LIABILITIES	$48.7B
TOTAL LIABILITIES	$58.3B
Common Stock	$5M
Additional Paid-In Capital	$9.7B
Retained Earnings	$23.2B
Treasury Stock	$0
Accum. Other Comp. Income	-$178M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$32.7B
Minority Interest	$3.3B
TOTAL EQUITY	$36.0B
TOTAL LIABILITIES & EQUITY	$94.3B
Total Debt	$32.2B
Net Debt	$31.6B