Return On Asset ratio Analysis of Nextera Energy Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Not Good ROA
4.29
Period Ending - Dec-22
Not Good ROA
2.61
Growth
64.58 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Not Good ROA
4.77
Most recent Quarter ROA
Period Ending - Mar-24
Indecisive ROA
1.26
ROA Analysis of Nextera Energy Inc
| ROA Ratio of NEE rose handsomely by 64.58 % this year. |
| ROA Ratio of NEE trending up for at least three Years. |
| ROA Ratio with value of 2.29 was lowest in Year Dec-20 in last Five Years. |
| Latest ROA Ratio with value of 4.29 is Greater than Average ROA of 2.99 in last five years. |
Other ROA Related Info of NEE that may interest you.
Nextera Energy Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NEE | 73.06 | 73.18 | 0.164 % | Utilities-Regulated Electric |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..
ROA Related Ratios
| ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
| Good Profitability | |
FY - Historical Return On Asset of Nextera Energy Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 4.29 | 2.61 | 2.54 | 2.29 | 3.20 | 6.40 | 5.50 |
| Change | 64.58 % | 2.90 % | 10.91 % | -28.61 % | -49.97 % | 16.44 % | 69.89 % |
FY Chart of Return On Asset of Nextera Energy Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)