Nextera Tax Provision from 2010 to 2024

NEE Stock  USD 76.09  0.32  0.42%   
Nextera Energy's Tax Provision is decreasing over the years with slightly volatile fluctuation. Overall, Tax Provision is expected to go to about 1.2 B this year. Tax Provision is the amount set aside by Nextera Energy to cover any estimated taxes for the current period. It reflects Nextera Energy's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
168 M
Current Value
227 M
Quarterly Volatility
211 M
 
Covid
Check Nextera Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextera main balance sheet or income statement drivers, such as Interest Expense of 3.5 B, Total Revenue of 29.5 B or Gross Profit of 18.9 B, as well as many exotic indicators such as Price To Sales Ratio of 4.6, Dividend Yield of 0.0351 or PTB Ratio of 1.78. Nextera financial statements analysis is a perfect complement when working with Nextera Energy Valuation or Volatility modules.
  
This module can also supplement Nextera Energy's financial leverage analysis and stock options assessment as well as various Nextera Energy Technical models . Check out the analysis of Nextera Energy Correlation against competitors.
For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.

Latest Nextera Energy's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Nextera Energy over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Nextera Energy's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nextera Energy's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Nextera Tax Provision Regression Statistics

Arithmetic Mean899,490,000
Coefficient Of Variation68.18
Mean Deviation496,593,333
Median1,228,000,000
Standard Deviation613,249,875
Sample Variance376075.4T
Range2.2B
R-Value(0.31)
Mean Square Error365222.3T
R-Squared0.1
Significance0.26
Slope(42,976,964)
Total Sum of Squares5265055.7T

Nextera Tax Provision History

20241.2 B
20231.2 B
2022586 M
2021348 M
202044 M
2019448 M
20181.6 B

About Nextera Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Nextera Energy income statement, its balance sheet, and the statement of cash flows. Nextera Energy investors use historical funamental indicators, such as Nextera Energy's Tax Provision, to determine how well the company is positioned to perform in the future. Although Nextera Energy investors may use each financial statement separately, they are all related. The changes in Nextera Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nextera Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Nextera Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nextera Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision1.2 B1.2 B

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When determining whether Nextera Energy is a strong investment it is important to analyze Nextera Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nextera Energy's future performance. For an informed investment choice regarding Nextera Stock, refer to the following important reports:
Check out the analysis of Nextera Energy Correlation against competitors.
For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.
Note that the Nextera Energy information on this page should be used as a complementary analysis to other Nextera Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Nextera Energy's price analysis, check to measure Nextera Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextera Energy is operating at the current time. Most of Nextera Energy's value examination focuses on studying past and present price action to predict the probability of Nextera Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextera Energy's price. Additionally, you may evaluate how the addition of Nextera Energy to your portfolios can decrease your overall portfolio volatility.
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Is Nextera Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nextera Energy. If investors know Nextera will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nextera Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.058
Dividend Share
1.918
Earnings Share
3.66
Revenue Per Share
13.305
Quarterly Revenue Growth
(0.15)
The market value of Nextera Energy is measured differently than its book value, which is the value of Nextera that is recorded on the company's balance sheet. Investors also form their own opinion of Nextera Energy's value that differs from its market value or its book value, called intrinsic value, which is Nextera Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nextera Energy's market value can be influenced by many factors that don't directly affect Nextera Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nextera Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextera Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextera Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.