NEENEUTRAL

EV/EBITDA

21.1x

Updated 101h ago

Sector Performance

76th percentile

NEE

21.1x

Sector Median

13.7x

Sector Avg

18.4x

📊

Deep Analysis

The EV/EBITDA of 21.1x means that for every dollar of operating earnings (before interest, taxes, depreciation, and amortization), the market values the enterprise at $21.10—a measure of how expensive the stock is relative to its cash earnings.

This is well above the sector median of 13.6x, placing NEE in the 76th percentile among its peers, indicating a premium valuation. The metric has been stable over the last eight quarters, with no year-over-year change available (N/A) and a quarter-over-quarter change of -0.1%, showing negligible movement. The combination of a high valuation with a flat trend suggests limited upside from multiple expansion, as the premium is already priced in, but also no immediate signal of deterioration. This supports the overall NEUTRAL verdict, because the elevated level implies caution, while the stability does not warrant a negative or positive shift.

Frequently Asked Questions

What does the EV/EBITDA tell investors about NEE?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are NEE's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: LSPD (-24.2x), BRZE (-24.5x), EVGO (-25.7x), NIO (-36.8x), SNAP (-38.8x).

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.