NEENEUTRAL

NEE EV/EBITDA Analysis

19.8x

Updated 33h ago·SEC filings & market data

Key Takeaway

The EV/EBITDA ratio of 20.3x means investors value NEE at 20.3 times its earnings before interest, taxes, depreciation, and amortization — a common measure of a company's operating profit.

Sector Performance

73th percentile

NEE

19.8x

Sector Median

13.6x

Sector Avg

-30.9x

Prior Period

20.3x(Aug 2026)

↑ Improving
📊

Deep Analysis

The EV/EBITDA ratio of 20.3x means investors value NEE at 20.3 times its earnings before interest, taxes, depreciation, and amortization — a common measure of a company's operating profit.

Compared to sector peers, this is well above the sector median of 13.6x, placing NEE in the 74th percentile of its peer group. The metric has been stable over the last 8 quarters, with a slight quarter-over-quarter decline of -0.5%; year-over-year change is not available, and recent readings are 20.3x, 20.4x, and 21.1x from most recent to oldest. A high but stable valuation means the market already prices in stronger performance than peers, leaving limited room for multiple expansion, yet also reducing the risk of a sharp de-rating. This combination of a premium valuation and a stable trend implies moderate investment risk: the current price reflects high expectations, but stability offers some predictability. Overall, this metric supports the NEUTRAL verdict — it neither confirms an undervalued opportunity nor signals an imminent correction.

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: SMTC (76.6x), SHOP (80.2x), OKTA (83.5x), TEAM (101.4x), STEM (102.7x).

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.

Advertisement

Master NEE's Valuation

Get the complete institutional research report covering all fundamental and technical metrics.

View full NEE research report

Free account — no credit card

NEE

19.8x

Sector Median

13.6x

Sector Avg

-30.9x

How NEE's EV/EBITDA compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.