NextEra Energy Partners, LP (NEP) Revenue Growth

Price: $10.54
Market Cap: $985.85M
Avg Volume: 2.92M
Country: US
Industry: Renewable Utilities
Sector: Utilities
Beta: 1.067
52W Range: $8.42-35.15
Website: NextEra Energy Partners, LP

What is NextEra Energy Partners, LP's Revenue Growth?

  • NextEra Energy Partners, LP's annual revenue growth as of FY 2023 is -10.98%.
  • NextEra Energy Partners, LP's quarterly revenue growth as of Q3 2024 is -7.80%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess NextEra Energy Partners, LP's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $1.08B
    • Quarterly: $319.00M
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $520.00M
    • Quarterly: $128.00M
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: -8.93%
    • Quarterly Growth: -53.79%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $558.00M
    • Quarterly: $191.00M
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: -12.81%
    • Quarterly Growth: 176.81%

These metrics provide insights into NextEra Energy Partners, LP's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

-10.98%

Quarterly Revenue Growth

-7.80%

Historical Annual Revenue Growth
154.64%154.64%99.44%99.44%44.23%44.23%-10.98%-10.98%Revenue Growth (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue Growth
34.63%34.63%20.35%20.35%6.06%6.06%-8.22%-8.22%-22.50%-22.50%-36.78%-36.78%Revenue Growth (Quarterly)Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '24
Historical Annual Revenue
$1.50B$1.50B$1.20B$1.20B$900.00M$900.00M$600.00M$600.00M$300.00M$300.00M$0.00$0.00Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue
$450.00M$450.00M$360.00M$360.00M$270.00M$270.00M$180.00M$180.00M$90.00M$90.00M$0.00$0.00Revenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Cost of Revenue
$600.00M$600.00M$500.00M$500.00M$400.00M$400.00M$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.00Cost of Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Cost of Revenue
$280.00M$280.00M$210.00M$210.00M$140.00M$140.00M$70.00M$70.00M$0.00$0.00Cost of Revenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Gross Profit
$800.00M$800.00M$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.00Gross Profit (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Gross Profit
$280.00M$280.00M$210.00M$210.00M$140.00M$140.00M$70.00M$70.00M$0.00$0.00-$70.00M-$70.00MGross Profit (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024

NextEra Energy Partners, LP Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2023 $1.08B -10.98% $520.00M -8.93% $558.00M -12.81%
2022 $1.21B 23.32% $571.00M 36.28% $640.00M 13.68%
2021 $982.00M 7.09% $419.00M 15.43% $563.00M 1.62%
2020 $917.00M 7.25% $363.00M 8.04% $554.00M 6.74%
2019 $855.00M 10.89% $336.00M 30.74% $519.00M 0.97%
2018 $771.00M -4.46% $257.00M 1.58% $514.00M -7.22%
2017 $807.00M 12.87% $253.00M 25.25% $554.00M 7.99%
2016 $715.00M 51.80% $202.00M 104.04% $513.00M 37.90%
2015 $471.00M 56.48% $99.00M 76.79% $372.00M 51.84%
2014 $301.00M 112.28% $56.00M 88.93% $245.00M 118.45%

Related Metrics

Explore detailed financial metrics and analysis for NEP.