NEE vs VST
Nextera Energy Inc. and Vistra Corp., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NEE | VST |
|---|---|---|
| Revenue | $27.4B | $17.7B |
| Net income | $6.8B | $944.0M |
| Gross margin | · | · |
| Net margin | 19.5% | 5.3% |
| Return on equity | 13.1% | 17.7% |
| Diluted EPS | $3.30 | $2.18 |
| Dividend / share | $2.27 | $0.90 |
| Payout ratio | 68.5% | 32.4% |
| Free cash flow | · | $1.3B |
| Equity | $54.6B | $5.1B |
| Net debt / equity | 1.65× | 3.54× |
| Current ratio | 0.60× | 0.78× |
| Revenue CAGR 5y | 8.8% | 9.2% |
| Profit CAGR 5y | 18.5% | 8.2% |
NEE bills 1.5× the revenue of VST, and keeps more of each dollar of revenue as profit (19.5% against 5.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | NEE | VST |
|---|---|---|
| FY2025 | $27.4B | $17.7B |
| FY2024 | $24.8B | $17.2B |
| FY2023 | $28.1B | $14.8B |
| FY2022 | $23.0B | $15.6B |
| FY2021 | $18.8B | $17.7B |
| FY2020 | $18.0B | $11.4B |
| FY2019 | $19.2B | $11.8B |
| FY2018 | $16.7B | $9.8B |
| FY2017 | $17.2B | $5.4B |
Bottom line
| Fiscal year | NEE | VST |
|---|---|---|
| FY2025 | $6.8B | $944.0M |
| FY2024 | $6.9B | $2.7B |
| FY2023 | $7.3B | $1.5B |
| FY2022 | $4.1B | $-1.2B |
| FY2021 | $3.6B | $-1.3B |
| FY2020 | $2.9B | $636.0M |
| FY2019 | $3.8B | $928.0M |
| FY2018 | $6.6B | $-54.0M |
| FY2017 | $5.4B | $-254.0M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$9,674,000,000 | NEE |
| FY2024 | +$7,529,000,000 | NEE |
| FY2023 | +$13,335,000,000 | NEE |
| FY2022 | +$7,369,000,000 | NEE |
| FY2021 | +$1,100,000,000 | NEE |
| FY2020 | +$6,554,000,000 | NEE |
| FY2019 | +$7,395,000,000 | NEE |
| FY2018 | +$6,930,000,000 | NEE |
| FY2017 | +$11,743,000,000 | NEE |
NEE has reported the higher revenue in every one of these 9 fiscal years. The gap has narrowed since the earliest year compared.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +14.1 pp | NEE |
| FY2024 | +6.7 pp | NEE |
| FY2023 | +12.2 pp | NEE |
| FY2022 | +21.9 pp | NEE |
| FY2021 | +22.2 pp | NEE |
| FY2020 | +7.7 pp | NEE |
| FY2019 | +9.8 pp | NEE |
| FY2018 | +35.1 pp | NEE |
| FY2017 | +35.7 pp | NEE |
NEE has kept the higher net margin in every one of these 9 fiscal years.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VST's net margin has been more volatile than NEE's over the 9 comparable fiscal years — 7.8 percentage points of standard deviation against 7.0.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
NEE led in net margin in every one of the 9 comparable fiscal years — a structural lead, not a recent swing.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VST's return on equity has been more volatile than NEE's over the 9 comparable fiscal years — 20.3 percentage points of standard deviation against 4.5.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between NEE and VST over these 9 fiscal years — NEE led in 5 and VST in 4.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.