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Nextera Energy Partners Lp  (NEP)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities


Nextera Energy Partners Lp's Net Profit Margin by quarter

Trends, Rankings, Statistics



NEP Net Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change -12.78 % 21.52 % -3.31 % 7.12 % 15.15 %
Seq. Revenue Change -36.78 % 4.86 % 16.28 % 13.16 % -11.92 %
Revenue In Millions $232.00 $367.00 $350.00 $301.00 $266.00
Net Profit Margin 63.79 % 35.97 % 25.43 % -50.17 % 6.77 %
Net Profit Margin Total Ranking # 98 # 294 # 591 # # 2028
Net Income In Millions $148.00 $132.00 $89.00 $-151.00 $18.00
Y / Y Net Income Change 722.22 % -43.1 % -83.46 % - -
Seq. Net Income Change 12.12 % 48.31 % - - -92.24 %


Commenting fourth Quarter 2023 Net Profit Margin
Despite the sequential Revenue deterioration in IV. Quarter of -36.78 % Nextera Energy Partners Lp managed to reduce total costs and taxes and increase Net Income by 12.12 % to $148 millions. Net Profit Margin grew to 63.79 %, above company average Net Profit Margin.

Observing fourth quarter 2023 results within Electric Utilities industry only one other company has achieved higher Net Profit Margin. While Net Profit Margin total ranking has impoved so far to 98, from total ranking in previous quarter at 294.
Net Margin Formula
NEP's Net Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Electric Utilities Industry # 2
Utilities Sector # 3
Overall # 98

Net Profit Margin Statistics
High Average Low
232.11 % 58.31 % 6.77 %
(Mar 31 2021)   (Dec 31 2022)




Other Net Profit Margin Profitability Ratios
NEP's Cumulative Net Profit Margin
Electric Utilities Industry Net Profit Margin Trends and Statistics
Utilities Sector Net Profit Margin Statistics
Net Profit Margin Profitability Trends for overall market
NEP's Net Profit Margin Profitability versus Electric Utilities Industry, Utilities Sector and total Market
Highest Ranking Net Profit Margin
Lowest Ranking Net Profit Margin
Net Profit Margin Profit Margin for NEP's Competitors
Net Profit Margin Profit Margin for Nextera Energy Partners Lp's Suppliers
Net Profit Margin Profit Margin for NEP's Customers

You may also want to know
NEP's Annual Growth Rates NEP's Profitability Ratios NEP's Asset Turnover Ratio NEP's Dividend Growth
NEP's Roe NEP's Valuation Ratios NEP's Financial Strength Ratios NEP's Net Income Growth
NEP's Roa NEP's Inventory Turnover Ratio NEP's Growth Rates NEP's Dividend Comparisons


Companies with similar Net Profit Margin in the quarter ending Dec 31 2023, within Electric Utilities Industry Net Profit MarginDec 31 2023 MRQ Net IncomeDec 31 2023 MRQ Revenue
Otter Tail Corporation  134.02 %$ 421.256 $ 314.313 
Nextera Energy Partners Lp  63.79 %$ 148.000 $ 232.000 
Entergy Corporation  36.27 %$ 988.283 $ 2,724.805 
Itc Holdings Corp   31.78 %$ 123.000 $ 387.000 
Sempra  24.52 %$ 856.000 $ 3,491.000 
Northwestern Energy Group Inc   23.35 %$ 83.142 $ 356.009 
Public Service Enterprise Group Incorporated  20.96 %$ 546.000 $ 2,605.000 
Avangrid Inc   16.13 %$ 368.000 $ 2,282.000 
Ormat Technologies Inc   16.09 %$ 38.833 $ 241.293 
Oncor Electric Delivery Company Llc  15.39 %$ 859.589 $ 5,585.094 
Fortis Inc   14.85 %$ 1,309.860 $ 8,822.022 
Hydro One Inc   14.12 %$ 843.366 $ 5,974.034 
Emera Incorporated  13.82 %$ 800.470 $ 5,793.258 
Duke Energy Corporation  13.81 %$ 996.000 $ 7,212.000 
Nextera Energy Inc  13.29 %$ 914.000 $ 6,877.000 
Pg and e Corp  13.11 %$ 923.000 $ 7,041.000 
Alliant Energy Corp  13.10 %$ 121.000 $ 924.000 
Ipalco Enterprises Inc   12.99 %$ 46.661 $ 359.337 




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