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NextEra Energy (WBO:NEE) Cyclically Adjusted Revenue per Share : €10.84 (As of Mar. 2024)


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What is NextEra Energy Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

NextEra Energy's adjusted revenue per share for the three months ended in Mar. 2024 was €2.565. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €10.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NextEra Energy's average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of NextEra Energy was 9.50% per year. The lowest was -3.70% per year. And the median was 2.95% per year.

As of today (2024-06-06), NextEra Energy's current stock price is €70.53. NextEra Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €10.84. NextEra Energy's Cyclically Adjusted PS Ratio of today is 6.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NextEra Energy was 9.06. The lowest was 2.01. And the median was 4.43.


NextEra Energy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for NextEra Energy's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NextEra Energy Cyclically Adjusted Revenue per Share Chart

NextEra Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.92 7.93 8.99 10.29 10.48

NextEra Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.23 10.32 11.03 10.48 10.84

Competitive Comparison of NextEra Energy's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, NextEra Energy's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NextEra Energy's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NextEra Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where NextEra Energy's Cyclically Adjusted PS Ratio falls into.



NextEra Energy Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, NextEra Energy's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.565/131.7762*131.7762
=2.565

Current CPI (Mar. 2024) = 131.7762.

NextEra Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.684 100.560 2.207
201409 2.050 100.428 2.690
201412 2.141 99.070 2.848
201503 2.112 99.621 2.794
201506 2.161 100.684 2.828
201509 2.420 100.392 3.177
201512 2.021 99.792 2.669
201603 1.858 100.470 2.437
201606 1.828 101.688 2.369
201609 2.297 101.861 2.972
201612 1.860 101.863 2.406
201703 1.975 102.862 2.530
201706 2.077 103.349 2.648
201709 2.130 104.136 2.695
201712 1.777 104.011 2.251
201803 1.649 105.290 2.064
201806 1.830 106.317 2.268
201809 1.982 106.507 2.452
201812 2.005 105.998 2.493
201903 1.871 107.251 2.299
201906 2.278 108.070 2.778
201909 2.603 108.329 3.166
201912 2.101 108.420 2.554
202003 2.122 108.902 2.568
202006 1.898 108.767 2.300
202009 2.063 109.815 2.476
202012 1.832 109.897 2.197
202103 1.586 111.754 1.870
202106 1.654 114.631 1.901
202109 1.883 115.734 2.144
202112 2.261 117.630 2.533
202203 1.330 121.301 1.445
202206 2.485 125.017 2.619
202209 3.429 125.227 3.608
202212 2.919 125.222 3.072
202303 3.128 127.348 3.237
202306 3.346 128.729 3.425
202309 3.300 129.860 3.349
202312 3.070 129.419 3.126
202403 2.565 131.776 2.565

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


NextEra Energy  (WBO:NEE) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

NextEra Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=70.53/10.84
=6.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NextEra Energy was 9.06. The lowest was 2.01. And the median was 4.43.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


NextEra Energy Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of NextEra Energy's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


NextEra Energy (WBO:NEE) Business Description

Industry
Address
700 Universe Boulevard, Juno Beach, FL, USA, 33408
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 32 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 25 GW of generation capacity, including natural gas, nuclear, wind, and solar.