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NextEra Energy Partners, LP (NEP)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISINUS65341B1061
CUSIP65341B106
SectorUtilities
IndustryUtilities—Renewable

Highlights

Market Cap$2.54B
EPS$0.34
PE Ratio79.82
PEG Ratio3.64
Revenue (TTM)$1.08B
Gross Profit (TTM)$642.00M
EBITDA (TTM)$578.00M
Year Range$19.00 - $59.21
Target Price$33.15
Short %5.34%
Short Ratio3.74

Share Price Chart


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NextEra Energy Partners, LP

Popular comparisons: NEP vs. NEE, NEP vs. UGI, NEP vs. SCHD, NEP vs. XEL, NEP vs. VTI, NEP vs. CSX, NEP vs. DUK, NEP vs. SPY, NEP vs. ED, NEP vs. AWK

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in NextEra Energy Partners, LP, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%30.00%NovemberDecember2024FebruaryMarchApril
12.62%
22.59%
NEP (NextEra Energy Partners, LP)
Benchmark (^GSPC)

S&P 500

Returns By Period

NextEra Energy Partners, LP had a return of 0.35% year-to-date (YTD) and -45.62% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date0.35%6.33%
1 month6.09%-2.81%
6 months21.21%21.13%
1 year-45.62%24.56%
5 years (annualized)-4.11%11.55%
10 years (annualized)N/A10.55%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-1.84%-5.22%9.50%
2023-40.46%-8.86%-10.37%29.18%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of NEP is 14, indicating that it is in the bottom 14% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of NEP is 1414
NextEra Energy Partners, LP(NEP)
The Sharpe Ratio Rank of NEP is 1010Sharpe Ratio Rank
The Sortino Ratio Rank of NEP is 1313Sortino Ratio Rank
The Omega Ratio Rank of NEP is 1212Omega Ratio Rank
The Calmar Ratio Rank of NEP is 1313Calmar Ratio Rank
The Martin Ratio Rank of NEP is 2020Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for NextEra Energy Partners, LP (NEP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


NEP
Sharpe ratio
The chart of Sharpe ratio for NEP, currently valued at -0.82, compared to the broader market-2.00-1.000.001.002.003.00-0.82
Sortino ratio
The chart of Sortino ratio for NEP, currently valued at -1.09, compared to the broader market-4.00-2.000.002.004.006.00-1.09
Omega ratio
The chart of Omega ratio for NEP, currently valued at 0.85, compared to the broader market0.501.001.500.85
Calmar ratio
The chart of Calmar ratio for NEP, currently valued at -0.66, compared to the broader market0.001.002.003.004.005.006.00-0.66
Martin ratio
The chart of Martin ratio for NEP, currently valued at -1.15, compared to the broader market0.0010.0020.0030.00-1.15
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.91, compared to the broader market-2.00-1.000.001.002.003.001.91
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.77, compared to the broader market-4.00-2.000.002.004.006.002.77
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market0.501.001.501.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.46, compared to the broader market0.001.002.003.004.005.006.001.46
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.61, compared to the broader market0.0010.0020.0030.007.61

Sharpe Ratio

The current NextEra Energy Partners, LP Sharpe ratio is -0.82. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
-0.82
1.91
NEP (NextEra Energy Partners, LP)
Benchmark (^GSPC)

Dividends

Dividend History

NextEra Energy Partners, LP granted a 11.62% dividend yield in the last twelve months. The annual payout for that period amounted to $3.44 per share.


PeriodTTM2023202220212020201920182017201620152014
Dividend$3.44$3.38$2.99$2.60$2.26$1.97$1.71$1.49$1.30$0.91$0.19

Dividend yield

11.62%11.10%4.27%3.08%3.37%3.74%3.98%3.46%5.08%3.03%0.56%

Monthly Dividends

The table displays the monthly dividend distributions for NextEra Energy Partners, LP. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.88$0.00
2023$0.00$0.81$0.00$0.00$0.84$0.00$0.00$0.85$0.00$0.00$0.87$0.00
2022$0.00$0.71$0.00$0.00$0.73$0.00$0.00$0.76$0.00$0.00$0.79$0.00
2021$0.00$0.62$0.00$0.00$0.64$0.00$0.00$0.66$0.00$0.00$0.69$0.00
2020$0.00$0.54$0.00$0.00$0.56$0.00$0.00$0.58$0.00$0.00$0.60$0.00
2019$0.00$0.47$0.00$0.00$0.48$0.00$0.00$0.50$0.00$0.00$0.52$0.00
2018$0.00$0.41$0.00$0.00$0.42$0.00$0.00$0.44$0.00$0.00$0.45$0.00
2017$0.00$0.35$0.00$0.00$0.37$0.00$0.00$0.38$0.00$0.00$0.39$0.00
2016$0.00$0.31$0.00$0.00$0.32$0.00$0.00$0.33$0.00$0.00$0.34$0.00
2015$0.00$0.20$0.00$0.00$0.21$0.00$0.00$0.24$0.00$0.00$0.27$0.00
2014$0.19$0.00

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%11.6%
NextEra Energy Partners, LP has a dividend yield of 11.62%, which means its dividend payment is significantly above the market average.
Payout Ratio
20.0%40.0%60.0%80.0%100.0%120.0%1.6%
NextEra Energy Partners, LP has a payout ratio of 1.62%, which is below the market average. This means NextEra Energy Partners, LP returns a smaller proportion of its earnings to shareholders as dividends, suggesting it retains a higher portion for reinvestment, growth, or debt payment.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2024FebruaryMarchApril
-61.01%
-3.48%
NEP (NextEra Energy Partners, LP)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the NextEra Energy Partners, LP. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the NextEra Energy Partners, LP was 74.49%, occurring on Oct 9, 2023. The portfolio has not yet recovered.

The current NextEra Energy Partners, LP drawdown is 61.01%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-74.49%Nov 26, 2021469Oct 9, 2023
-57.94%Jun 2, 201584Sep 29, 2015516Oct 16, 2017600
-47.49%Feb 20, 202020Mar 18, 202091Jul 28, 2020111
-22.97%Feb 5, 202171May 18, 2021111Oct 25, 2021182
-20.9%Sep 9, 201427Oct 15, 201431Nov 28, 201458

Volatility

Volatility Chart

The current NextEra Energy Partners, LP volatility is 12.40%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2024FebruaryMarchApril
12.40%
3.59%
NEP (NextEra Energy Partners, LP)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of NextEra Energy Partners, LP over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

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Income Statement


Income Statement
Balance Sheet
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Gross Profit

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Operating Expenses

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Total Operating Expenses

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Income

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EBIT

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Earnings From Continuing Operations

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Net Income

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Income Tax Expense

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Interest Expense

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Other Non-Operating Income (Expenses)

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Extraordinary Items

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Minority Interest

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Other Items

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Values in undefined except per share items