NEE vs ENB vs XEL Stock Comparison

Nextera Energy, Enbridge and Xcel Energy Prices as of Oct 23, 2026 Peers: Industry group
NEE Nextera Energy Inc
$82.11 +6.6% 1M -1.4% 1Y
Market cap
$171.30B
P/E
14.7x
Revenue (TTM)
$28.83B
Div. yield
–
Regulated Electric Utilities Utilities
4 wins
ENB Enbridge Inc
$48.13 +0.6% 1M +2.0% 1Y
Market cap
$105.44B
P/E
25.6x
Revenue (TTM)
$60.45B
Div. yield
0.06%
Oil and Gas Pipelines Energy
5 wins
XEL Xcel Energy Inc
$78.05 +10.5% 1M -2.9% 1Y
Market cap
$48.66B
P/E
21.8x
Revenue (TTM)
$14.62B
Div. yield
–
Regulated Electric Utilities Utilities
2 wins

Head to Head

11 decided of 12

Enbridge leads on 5 of the 12 questions below (Enbridge 5, Nextera Energy 4, Xcel Energy 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNEEENBXELLeader
Larger companyMarket capitalisation $171.30B $105.44B $48.66B NEE
Cheaper on earningsLower P/E, profitable companies only 14.7x 25.6x 21.8x NEE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.1x 24.2x 18.2x XEL
Faster revenue growthRevenue growth, trailing twelve months +9.6% +31.0% +4.7% ENB
More profitableNet margin, trailing twelve months 40.4% 6.8% 15.3% NEE
Better return on capitalReturn on invested capital 4.7% 5.0% 4.5% ENB
Less leveragedLower net debt / EBITDA 7.0x 6.4x 6.4x ENB
Higher dividend yieldTrailing dividend yield 0.00% 0.06% 0.00% –
Better 1-year returnPrice return, last 12 months -1.4% +2.0% -2.9% ENB
Better 5-year returnAnnualised price return, 5 years -0.6%/yr +2.4%/yr +3.6%/yr XEL
Less volatileAnnualised volatility, 1 year 21.2% 18.6% 19.2% ENB
Higher overall scoreMean of the five percentile scores vs peers 61/100 31/100 16/100 NEE

Percentile Scorecard

NEEENBXEL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNEEENBXEL
Valuation 24 #51 of 67 24 #27 of 35 5 #64 of 67
Growth 94 #5 of 65 39 #21 of 34 14 #56 of 65
Profitability 89 #8 of 65 24 #26 of 34 28 #47 of 65
Financial Health 49 #34 of 66 21 #28 of 35 32 #45 of 66
Shareholder Returns 49 #35 of 67 47 #17 of 31 0 #67 of 67
Overall 61 31 16
  • NEE ranked among 67 companies in Regulated Utilities
  • ENB ranked among 35 companies in Oil and Gas Midstream
  • XEL ranked among 67 companies in Regulated Utilities

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNEEENBXELSPY
1 month +6.6%+0.6%+10.5% -1.0%
3 months -8.6%-15.3%-4.4% +2.9%
6 months -13.8%-9.7%-1.4% +6.4%
Year to date +2.3%+0.6%+5.7% +11.4%
1 year -1.4%+2.0%-2.9% +13.1%
3 years +49.0%+49.8%+32.1% +79.4%
3 years, per year +14.2%+14.4%+9.7% +21.5%
5 years -2.7%+12.5%+19.1% +67.7%
5 years, per year -0.6%+2.4%+3.6% +10.9%
10 years +165.5%+9.2%+95.4% +255.2%
10 years, per year +10.3%+0.9%+6.9% +13.5%

Risk

MeasureNEEENBXELSPY
Volatility, 1Y 21.2%18.6%19.2% 12.7%
Downside volatility, 1Y 22.3%19.5%19.4% 12.7%
Beta vs S&P 500, 1Y 0.12-0.16-0.02 1.00
Return / volatility, 1Y -0.060.11-0.15 1.03
Max drawdown, 5Y -47.2%-34.0%-37.4% -25.4%
From 52-week high -16.1%-17.1%-7.0% -2.5%
52-week high $97.88$58.04$83.91 $779.14
52-week low $75.50$45.23$69.39 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNEEENBXEL
P/E now vs peer median 14.7xmedian 20.8x 25.5xmedian 21.3x 21.8xmedian 20.8x
P/S now vs peer median 6.0xmedian 2.8x 1.7xmedian 2.7x 3.3xmedian 2.8x
EV/EBITDA now vs peer median 18.4xmedian 13.1x 15.0xmedian 11.0x 14.8xmedian 13.1x
P/FCF now vs peer median 36.8xmedian 36.7x 87.1xmedian 16.4x -6.3xmedian 36.7x
P/B now vs peer median 2.4xmedian 1.7x 2.2xmedian 2.6x 2.0xmedian 1.7x
PEG now vs peer median 1.05median 2.27 2.50median 1.93 5.11median 2.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNEEENBXEL
Revenue $28.83B $60.45B $14.62B
Gross profit – $22.34B –
Operating income $8.66B $8.06B $2.79B
Net income $11.64B $4.58B $2.23B
Free cash flow $4.67B $1.21B -$7.69B
EPS (diluted) $5.55 $1.88 $3.56
Cash & equivalents $5.58B $1.42B $2.01B
Total debt $413.84B $78.92B $39.46B
Shares (diluted) 2.10B 2.19B 627.00M
Enterprise value $158.05B $101.04B $43.57B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNEEENBXEL
P/E 14.7x 25.5x 21.8x
P/FCF 36.8x 87.1x -6.3x
P/Operating cash flow 11.6x 11.7x 10.2x
P/S 6.0x 1.7x 3.3x
P/B 2.4x 2.2x 2.0x
P/Tangible book 2.4x 2.3x 2.0x
EV/EBITDA 18.4x 15.0x 14.8x
EV/EBIT 32.0x 22.7x 30.9x
EV/Revenue 9.6x 3.0x 5.9x
EV/FCF 59.2x 151.3x -11.2x
EV/Operating cash flow 18.7x 20.3x 18.1x
PEG (3Y EPS CAGR) 1.05 2.50 5.11

Growth

14 metrics
MetricNEEENBXEL
Revenue growth (1Y) 9.6% 31.0% 4.7%
Revenue CAGR (3Y) 1.7% 19.5% -1.4%
Gross profit growth (1Y) – 8.0% –
Gross profit CAGR (3Y) – 5.1% –
Operating income growth (1Y) 13.4% 6.2% 11.0%
Operating income CAGR (3Y) -3.5% 19.8% 4.6%
Net income growth (1Y) 79.0% -6.9% 7.7%
Net income CAGR (3Y) 15.1% 13.7% 8.8%
EPS growth (1Y) 76.7% -7.5% 1.0%
EPS CAGR (3Y) 14.0% 10.2% 4.3%
Operating cash flow growth (1Y) 23.8% -2.9% 5.8%
Operating cash flow CAGR (3Y) 16.3% -2.6% 2.7%
Free cash flow growth (1Y) 30.9% -67.2% -97.2%
Free cash flow CAGR (3Y) 124.1% -42.0% -112.8%

Profitability

14 metrics
MetricNEEENBXEL
Gross margin – 36.9% –
EBITDA margin 52.2% 20.2% 39.9%
Operating margin 30.0% 13.3% 19.1%
Pretax margin 35.0% 9.6% 13.7%
Net margin 40.4% 6.8% 15.3%
FCF margin 16.2% 2.0% -52.6%
Operating cash flow margin 51.4% 14.9% 32.6%
Return on equity 13.9% 9.5% 9.3%
Return on assets 4.1% 2.8% 2.6%
Return on invested capital 4.7% 5.0% 4.5%
Return on capital employed 4.2% 5.5% 3.6%
Asset turnover 0.1x 0.4x 0.2x
Cash conversion (OCF / net income) 1.3x 2.0x 2.1x
Stock comp / revenue – – 0.3%

Financial Health

11 metrics
MetricNEEENBXEL
Debt / assets 45.0% 48.4% 45.3%
Debt / equity 1.5x 1.6x 1.6x
Net debt / EBITDA 7.0x 6.4x 6.4x
Debt / FCF 23.6x 65.4x -5.1x
Liabilities / assets 70.3% 70.6% 72.4%
Equity / assets 29.7% 29.4% 27.6%
Interest coverage 2,164x 2.2x 1.7x
Current ratio 0.5x 0.7x 0.7x
Quick ratio 0.3x 0.5x 0.4x
Cash ratio 0.2x 0.1x 0.2x
Altman Z-score 0.99 0.92 0.86

Shareholder Returns

7 metrics
MetricNEEENBXEL
Dividend yield 3.0% 8.0% 3.0%
Net buyback yield -0.6% 0.0% -4.5%
Shareholder yield 2.4% 8.0% -1.6%
Payout ratio (earnings) – 132.1% –
Payout ratio (FCF) – 500.8% –
Dividend growth (1Y) – 4.2% –
Dividend CAGR (3Y) – 4.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNEEENBXEL
Forward P/E 21.1xFY2026 24.2xFY2026 18.2xFY2026
EPS, next fiscal year $3.89FY2026 $1.99FY2026 $4.29FY2026
EPS growth, next FY +4.9%FY2026 -9.5%FY2026 +12.9%FY2026
EPS growth, the year after +18.3% +15.1% +2.3%
Revenue, next fiscal year $32.29BFY2026 $61.02BFY2026 $16.57BFY2026
Revenue growth, next FY +17.8%FY2026 +28.6%FY2026 +12.9%FY2026
Revenue growth, the year after +9.4% -14.7% +8.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNEEENBXEL
Held by institutions 84.3% 48.7% 95.4%
Institutions holding 3,019 1,501 1,284
Change in shares held, QoQ +2.3% +2.0% +7.3%
Institutions buying 1,588 660 663
Institutions selling 1,054 503 386
Buyers to sellers 1.51 1.31 1.72

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NEEENBXEL
NEE 1.00 0.42 0.65
ENB 0.42 1.00 0.45
XEL 0.65 0.45 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NEE, ENB and XEL?

Nextera Energy (NEE) is the largest by market capitalisation: Nextera Energy (NEE) $171.30B, Enbridge (ENB) $105.44B, Xcel Energy (XEL) $48.66B.

Which stock is cheaper, NEE, ENB and XEL?

Nextera Energy (NEE) trades on the lowest price-to-earnings ratio (Nextera Energy (NEE) 14.7x, Enbridge (ENB) 25.6x, Xcel Energy (XEL) 21.8x). On next year's consensus earnings, Xcel Energy (XEL) is cheapest (Nextera Energy (NEE) 21.1x, Enbridge (ENB) 24.2x, Xcel Energy (XEL) 18.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Enbridge (ENB) grew revenue fastest over the trailing twelve months: Nextera Energy (NEE) +9.6%, Enbridge (ENB) +31.0%, Xcel Energy (XEL) +4.7%.

Which company is more profitable?

Nextera Energy (NEE) has the highest net margin (Nextera Energy (NEE) 40.4%, Enbridge (ENB) 6.8%, Xcel Energy (XEL) 15.3%). On return on invested capital, Enbridge (ENB) leads (Nextera Energy (NEE) 4.7%, Enbridge (ENB) 5.0%, Xcel Energy (XEL) 4.5%).

Which stock has performed better?

Over the past year Enbridge (ENB) returned the most: Nextera Energy (NEE) -1.4%, Enbridge (ENB) +2.0%, Xcel Energy (XEL) -2.9%. Over five years, Xcel Energy (XEL) compounded fastest (Nextera Energy (NEE) -0.6%/yr, Enbridge (ENB) +2.4%/yr, Xcel Energy (XEL) +3.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Nextera Energy (NEE) 0.00%, Enbridge (ENB) 0.06%, Xcel Energy (XEL) 0.00%. Nextera Energy (NEE) and Xcel Energy (XEL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Enbridge (ENB) has been the steadiest (Nextera Energy (NEE) 21.2%, Enbridge (ENB) 18.6%, Xcel Energy (XEL) 19.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NEE, ENB and XEL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Enbridge (ENB) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.