NEE Q4 2016 Earnings Report — NextEra Energy, Inc. Revenue & Financial Results | Market Cap Arena

NextEra Energy, Inc.NEE

Q4 2016 Earnings

Reported February 23, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2016	Q3 2016	Q4 2015	QoQ Change	YoY Change
Revenue	$3.7B	$4.8B	—	-23.0%	—
Op. Income	$926M	$1.3B	—	-27.6%	—
Gross Margin	49.9%	57.3%	—	-7.4pp	—
Net Margin	26.1%	15.7%	—	10.5pp	—
EPS (Diluted)	$0.51	$0.40	—	27.5%	—
Free Cash Flow	$121M	$1.1B	—	-88.5%	—

Revenue Flow

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$1.9B
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$920M
Operating Expenses	$920M
Cost & Expenses	$2.8B
OPERATING INCOME	$926M
Interest Income	$21M
Interest Expense	$0
Other Income/Expenses	$595M
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$504M
Net Income from Continuing Ops	$1.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$966M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$966M
D&A	$840M
EBIT	$1.1B
EBITDA	$2.0B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$1.9B
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$920M
Operating Expenses	$920M
Cost & Expenses	$2.8B
OPERATING INCOME	$926M
Interest Income	$21M
Interest Expense	$0
Other Income/Expenses	$595M
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$504M
Net Income from Continuing Ops	$1.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$966M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$966M
D&A	$840M
EBIT	$1.1B
EBITDA	$2.0B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$966M
Depreciation & Amortization	$840M
Stock-Based Compensation	$0
Deferred Income Tax	$464M
Other Non-Cash Items	-$892M
Change in Working Capital	-$336M
OPERATING CASH FLOW	$1.0B
Capital Expenditure	-$921M
Acquisitions (Net)	-$645M
Purchases of Investments	-$1.9B
Sales/Maturities of Investments	$263M
Other Investing Activities	$2.1B
NET CASH FROM INVESTING	-$1.1B
Net Debt Issuance	-$303M
Common Stock Repurchased	$0
Common Dividends Paid	-$407M
Other Financing Activities	$1.4B
NET CASH FROM FINANCING	$696M
FREE CASH FLOW	$121M
Net Change in Cash	$611M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.3B
Short-Term Investments	$0
Net Receivables	$2.4B
Inventory	$1.3B
Other Current Assets	$2.4B
TOTAL CURRENT ASSETS	$7.4B
PP&E (Net)	$66.9B
Goodwill	$779M
Intangible Assets	$1.3B
Long-Term Investments	$7.9B
Tax Assets	$0
Other Non-Current Assets	$7.8B
TOTAL NON-CURRENT ASSETS	$82.6B
TOTAL ASSETS	$90.0B
Account Payables	$3.4B
Short-Term Debt	$3.0B
Deferred Revenue	$470M
Other Current Liabilities	$2.4B
TOTAL CURRENT LIABILITIES	$10.9B
Long-Term Debt	$27.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$11.1B
Other Non-Current Liabilities	$14.8B
TOTAL NON-CURRENT LIABILITIES	$53.7B
TOTAL LIABILITIES	$64.7B
Common Stock	$5M
Additional Paid-In Capital	$8.9B
Retained Earnings	$15.5B
Treasury Stock	$0
Accum. Other Comp. Income	-$70M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$24.3B
Minority Interest	$990M
TOTAL EQUITY	$25.3B
TOTAL LIABILITIES & EQUITY	$90.0B
Total Debt	$30.8B
Net Debt	$29.5B