NEPCAUTIOUS

Debt-to-Equity Ratio

1.52x

Higher than 55% of Utilities sector peers

Updated 1133h ago

Sector Performance

55th percentile

NEP

1.52x

Sector Median

1.47x

Sector Avg

1.76x

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Deep Analysis

NextEra Energy Partners' debt-to-equity ratio of 1.52x means that for every $1 of shareholder equity, the company has $1.52 in debt — a measure of financial leverage.

This is just above the Utilities sector median of 1.47x, placing the company in the 55th percentile among sector peers, indicating slightly higher leverage than half of its competitors. Trend data is not available, as the year-over-year change, quarter-over-quarter change, and prior eight quarters are all listed as N/A. Without a trend direction, the current level alone suggests moderate leverage relative to peers, but the lack of historical context limits any strong inference about rising or falling risk. The ratio neither signals excessive risk nor notable safety, aligning with the neutral verdict by showing the company is roughly in line with its sector.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about NEP?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

How does NEP's Debt-to-Equity Ratio compare to its sector?

NEP's Debt-to-Equity Ratio of 1.52x compares to a Utilities sector median of 1.47x, placing it in the 55th percentile.

Who are NEP's closest peers by Debt-to-Equity Ratio?

The closest Utilities peers by Debt-to-Equity Ratio include: AWK (1.42x), PEG (1.40x), PNW (1.56x), PPL (1.35x), LNT (1.60x).

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

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NEP

1.52x

Sector Median

1.47x

Sector Avg

1.76x

How NEP's Debt-to-Equity Ratio compares to sector peers.

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