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Nextera Energy vs Nrg Energy: revenue, profit, margins and growth compared

Nextera Energy brought in $27.4B of revenue in fiscal 2025, Nrg Energy $30.7B in fiscal 2025. Revenue changed by +10.7% at Nextera Energy and +9.2% at Nrg Energy on the year before, so Nextera Energy grew faster. Nextera Energy kept 24.9% of its revenue as net profit, Nrg Energy 2.8%.

Side by side, latest fiscal year

NEENRG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$27.4B$30.7B
Revenue growth+10.7%+9.2%
Net income$6.8B$864M
Net margin24.9%2.8%
Free cash flown/a$766M
Free cash flow marginn/a2.5%
Earnings per share (diluted)$3.30$4.01
Cash$2.8B$4.7B
Debt$93.1B$16.6B
Price to earnings23.125.0
Market value$158.7B$21.1B
Dividend yield2.98%1.75%
Rank by revenue in sector#6 of 109 · Utilities#4 of 109 · Utilities

Over the years

Revenue
NEE FY2018: $16.7BNEE FY2019: $19.2BNEE FY2020: $18BNEE FY2021: $18.8BNEE FY2022: $23BNEE FY2023: $28.1BNEE FY2024: $24.8BNEE FY2025: $27.4BNRG FY2018: $9.5BNRG FY2019: $9.8BNRG FY2020: $9.1BNRG FY2021: $27BNRG FY2022: $31.5BNRG FY2023: $28.8BNRG FY2024: $28.1BNRG FY2025: $30.7BFY18FY19FY20FY21FY22FY23FY24FY25
NEE $27.4BNRG $30.7B
Net income
NEE FY2018: $6.6BNEE FY2019: $3.8BNEE FY2020: $2.9BNEE FY2021: $3.6BNEE FY2022: $4.1BNEE FY2023: $7.3BNEE FY2024: $6.9BNEE FY2025: $6.8BNRG FY2018: $268MNRG FY2019: $4.4BNRG FY2020: $510MNRG FY2021: $2.2BNRG FY2022: $1.2BNRG FY2023: -$202MNRG FY2024: $1.1BNRG FY2025: $864MFY18FY19FY20FY21FY22FY23FY24FY25
NEE $6.8BNRG $864M
Net margin
NEE FY2018: 39.7%NEE FY2019: 19.6%NEE FY2020: 16.2%NEE FY2021: 19.0%NEE FY2022: 18.0%NEE FY2023: 26.0%NEE FY2024: 28.1%NEE FY2025: 24.9%NRG FY2018: 2.8%NRG FY2019: 45.2%NRG FY2020: 5.6%NRG FY2021: 8.1%NRG FY2022: 3.9%NRG FY2023: -0.7%NRG FY2024: 4.0%NRG FY2025: 2.8%FY18FY19FY20FY21FY22FY23FY24FY25
NEE 24.9%NRG 2.8%
Revenue growth
NEE FY2019: +14.8%NEE FY2020: -6.3%NEE FY2021: +4.5%NEE FY2022: +22.3%NEE FY2023: +22.2%NEE FY2024: -12.0%NEE FY2025: +10.7%NRG FY2019: +3.6%NRG FY2020: -7.4%NRG FY2021: +196.8%NRG FY2022: +16.9%NRG FY2023: -8.6%NRG FY2024: -2.4%NRG FY2025: +9.2%FY19FY20FY21FY22FY23FY24FY25
NEE +10.7%NRG +9.2%
Free cash flow
NRG FY2018: $989MNRG FY2019: $1.2BNRG FY2020: $1.6BNRG FY2021: $224MNRG FY2022: -$7MNRG FY2023: -$819MNRG FY2024: $1.8BNRG FY2025: $766MFY18FY19FY20FY21FY22FY23FY24FY25
NEENRG $766M

Fiscal years as each company reports them; the two may end in different months.

Questions about Nextera Energy and Nrg Energy

Which is bigger by revenue, Nextera Energy or Nrg Energy?

Nrg Energy is bigger by revenue: $30.7B in fiscal 2025, against $27.4B for Nextera Energy in fiscal 2025.

Which keeps more of its revenue as profit, Nextera Energy or Nrg Energy?

Nextera Energy had a net margin of 24.9% in fiscal 2025; Nrg Energy had 2.8% in fiscal 2025.

Which grew revenue faster, Nextera Energy or Nrg Energy?

In their latest fiscal years revenue changed by +10.7% at Nextera Energy and +9.2% at Nrg Energy.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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