NextEra Energy Partners, LP (NEP) Return on Invested Capital (ROIC)

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

Return on Invested Capital (ROIC) Summary

NextEra Energy Partners, LP's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: -0.11%
  • Quarterly: 0.37%
  • TTM: 0.13%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

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

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 5.60%
    • Quarterly: -1.17%
    • TTM: 5.80%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 0.89%
    • Quarterly: -0.19%
    • TTM: 0.98%

These metrics provide insights into NextEra Energy Partners, LP's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

-0.11%

Quarterly ROIC

0.37%

TTM ROIC

0.13%

NextEra Energy Partners, LP Historical ROIC

5.41%5.41%4.86%4.86%4.31%4.31%3.75%3.75%3.20%3.20%2.65%2.65%2.10%2.10%1.54%1.54%0.99%0.99%0.44%0.44%-0.11%-0.11%ROIC-0.11%0.50%1.19%2.75%1.83%4.68%1.48%3.71%2.85%4.71%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

5807.50%5807.50%3625.32%3625.32%1443.14%1443.14%-739.04%-739.04%-2921.21%-2921.21%-5103.39%-5103.39%-7285.57%-7285.57%-9467.75%-9467.75%-11649.93%-11649.93%-13832.11%-13832.11%-16014.29%-16014.29%ROE5.60%-16014.29%-5300.00%2975.00%5050.00%-3200.00%-6200.00%-3000.00%-166.67%0.42%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

5.59%5.59%4.70%4.70%3.81%3.81%2.93%2.93%2.04%2.04%1.15%1.15%0.26%0.26%-0.63%-0.63%-1.52%-1.52%-2.41%-2.41%-3.30%-3.30%ROA0.89%4.86%2.24%-1.89%-3.30%2.04%-0.74%1.26%0.16%0.11%20152015201620162017201720182018201920192020202020212021202220222023202320242024

NextEra Energy Partners, LP Historical Profitability Metrics

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

Year ROIC ROE ROA
2023 -0.11% 5.60% 0.89%
2022 0.50% -16014.29% 4.86%
2021 1.19% -5300.00% 2.24%
2020 2.75% 2975.00% -1.89%
2019 1.83% 5050.00% -3.30%
2018 4.68% -3200.00% 2.04%
2017 1.48% -6200.00% -0.74%
2016 3.71% -3000.00% 1.26%
2015 2.85% -166.67% 0.16%
2014 4.71% 0.42% 0.11%

Related Metrics

Explore detailed financial metrics and analysis for NEP.

Financial Analysis
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Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
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