Nextera Energy (NEE) Accumulated Depreciation (2009 - 2020)
Nextera Energy (NEE) reported Accumulated Depreciation of $26.52 billion for Q3 2020, up 7.2% from $24.75 billion a year earlier and up 2.5% from the prior quarter.
Nextera Energy (NEE) Accumulated Depreciation (2009 - 2020) Analysis & Trends
At the end of FY2019, Nextera Energy posted Accumulated Depreciation of $25.17 billion, up 15.7% from FY2018.
- Accumulated Depreciation has increased for eight consecutive years, with a five-year compound annual growth rate of 7.0% (FY2014 to FY2019).
- By year, Accumulated Depreciation came in at $21.75 billion in FY2018 (+2.2%), $21.28 billion in FY2017 (+6.3%), $20.02 billion in FY2016 (+5.7%) and $18.94 billion in FY2015 (+5.6%).
- The Q3 2020 figure ranks as the highest quarterly Accumulated Depreciation in data going back to Q2 2009.
- Year over year, Accumulated Depreciation has now increased in each of the last 34 quarters, with growth averaging 10.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Accumulated Depreciation ranged from 0.2% (Q2 2018) to 15.7% (Q4 2019).
- Per Business Quant data, the three quarters before Q3 2020 came in at $25.87 billion (Q2 2020), $25.88 billion (Q1 2020) and $25.17 billion (Q4 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - |
| 10 | Exelon | 45.85 Bn | 41.17 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2020 | 26.52 Bn |
| Jun 30, 2020 | 25.87 Bn |
| Mar 31, 2020 | 25.88 Bn |
| Dec 31, 2019 | 25.17 Bn |
| Sep 30, 2019 | 24.75 Bn |
| Jun 30, 2019 | 23.92 Bn |
| Mar 31, 2019 | 23.36 Bn |
| Dec 31, 2018 | 21.75 Bn |
| Sep 30, 2018 | 21.75 Bn |
| Jun 30, 2018 | 21.09 Bn |
| Mar 31, 2018 | 20.92 Bn |
| Dec 31, 2017 | 21.28 Bn |
| Sep 30, 2017 | 21.46 Bn |
| Jun 30, 2017 | 21.05 Bn |
| Mar 31, 2017 | 20.77 Bn |
| Dec 31, 2016 | 20.02 Bn |
| Sep 30, 2016 | 20.25 Bn |
| Jun 30, 2016 | 19.58 Bn |
| Mar 31, 2016 | 19.43 Bn |
| Dec 31, 2015 | 18.94 Bn |
Nextera Energy Accumulated Depreciation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-depreciation&ticker=NEE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-depreciation", "ticker": "NEE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-depreciation&ticker=NEE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();