NextEra Energy’s Q4 2024 Revenue Drops 21.69%

31 Jan 2025 CW Team

NextEra reported earnings per share (EPS) of $0.53, up from $0.52 in the corresponding quarter of the previous year. The company’s profit after tax (PAT) rose 2.62 % YoY to $1.09 billion from $1.07 billion.

The company reported a 9.65% YoY surge in PAT to $7.06 billion from $6.44 billion. The EPS came in at $3.43 in FY 2025 from an EPS of $0.11 in FY 2024. Revenue, however, fell 11.95% YoY to $24.75 billion from $28.11 billion.

The company’s renewable business, NextEra Energy Resources, added over 12 GW of new renewables and battery storage projects to its backlog, including approximately 3.3 GW since Q3 FY 2025. With more than 6 GW of new projects placed into service over the last four quarters, NextEra Energy Resources’ backlog currently crosses 25 GW.

Over the next four years alone, the company plans to invest roughly $120 billion nationwide to grow its combined fleet to approximately 121 GW. NextEra Energy Resources reported a net loss attributable to NextEra Energy of $442 million, or $0.21 per share, in Q4 FY25, compared to net income attributable to NextEra Energy of $885 million, or $0.43 per share, in the corresponding quarter of the previous year.

On an adjusted basis, NextEra Energy Resources’ earnings for the quarter were $446 million, or $0.22 per share, compared to $361 million, or $0.18 per share, for the corresponding quarter of the previous year. For 2026 and 2027, NextEra Energy expects adjusted earnings per share to be in the ranges of $3.63 to $4.00 and $3.85 to $4.32, respectively NextEra Energy reported a net income of $1.85 billion for the Q3 of 2024, a 52.8% increase from $1.21 billion in 2023. In 2023, the company announced that it would focus solely on growing its renewable energy portfolio and sell off its STX Midstream and Meade natural gas pipeline assets in 2023 and 2025.

U.S.-based power producer NextEra Energy reported a 21.69% year-over-year (YoY) drop in consolidated revenue to $5.38 billion in the fourth quarter (Q4) of the financial year (FY) 2025 from $6.88 billion. The top line declined 21.7% YoY due to weaker contributions from Florida Power & Light Company and NextEra Energy Resources, the company’s renewables arm. NextEra reported earnings per share (EPS) of $0.53, up from $0.52 in the corresponding quarter of the previous year. The company’s profit after tax (PAT) rose 2.62 % YoY to $1.09 billion from $1.07 billion. The company reported a 9.65% YoY surge in PAT to $7.06 billion from $6.44 billion. The EPS came in at $3.43 in FY 2025 from an EPS of $0.11 in FY 2024. Revenue, however, fell 11.95% YoY to $24.75 billion from $28.11 billion. The company’s renewable business, NextEra Energy Resources, added over 12 GW of new renewables and battery storage projects to its backlog, including approximately 3.3 GW since Q3 FY 2025. With more than 6 GW of new projects placed into service over the last four quarters, NextEra Energy Resources’ backlog currently crosses 25 GW. Over the next four years alone, the company plans to invest roughly $120 billion nationwide to grow its combined fleet to approximately 121 GW. NextEra Energy Resources reported a net loss attributable to NextEra Energy of $442 million, or $0.21 per share, in Q4 FY25, compared to net income attributable to NextEra Energy of $885 million, or $0.43 per share, in the corresponding quarter of the previous year. On an adjusted basis, NextEra Energy Resources’ earnings for the quarter were $446 million, or $0.22 per share, compared to $361 million, or $0.18 per share, for the corresponding quarter of the previous year. For 2026 and 2027, NextEra Energy expects adjusted earnings per share to be in the ranges of $3.63 to $4.00 and $3.85 to $4.32, respectively NextEra Energy reported a net income of $1.85 billion for the Q3 of 2024, a 52.8% increase from $1.21 billion in 2023. In 2023, the company announced that it would focus solely on growing its renewable energy portfolio and sell off its STX Midstream and Meade natural gas pipeline assets in 2023 and 2025.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..