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PAA vs. NEE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between PAA and NEE is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

PAA vs. NEE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Plains All American Pipeline, L.P. (PAA) and NextEra Energy, Inc. (NEE). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

PAA:

0.34

NEE:

0.03

Sortino Ratio

PAA:

0.51

NEE:

0.30

Omega Ratio

PAA:

1.07

NEE:

1.04

Calmar Ratio

PAA:

0.16

NEE:

0.09

Martin Ratio

PAA:

0.91

NEE:

0.18

Ulcer Index

PAA:

7.42%

NEE:

12.37%

Daily Std Dev

PAA:

28.10%

NEE:

28.56%

Max Drawdown

PAA:

-91.99%

NEE:

-47.81%

Current Drawdown

PAA:

-34.83%

NEE:

-12.47%

Fundamentals

Market Cap

PAA:

$12.13B

NEE:

$154.40B

EPS

PAA:

$0.93

NEE:

$2.67

PE Ratio

PAA:

18.55

NEE:

28.09

PEG Ratio

PAA:

2.27

NEE:

2.84

PS Ratio

PAA:

0.24

NEE:

6.11

PB Ratio

PAA:

1.26

NEE:

3.10

Total Revenue (TTM)

PAA:

$50.14B

NEE:

$25.27B

Gross Profit (TTM)

PAA:

$13.75B

NEE:

$17.71B

EBITDA (TTM)

PAA:

$2.04B

NEE:

$10.19B

Returns By Period

In the year-to-date period, PAA achieves a 5.15% return, which is significantly lower than NEE's 5.48% return. Over the past 10 years, PAA has underperformed NEE with an annualized return of -2.46%, while NEE has yielded a comparatively higher 14.27% annualized return.


PAA

YTD

5.15%

1M

-0.60%

6M

4.54%

1Y

7.22%

5Y*

23.35%

10Y*

-2.46%

NEE

YTD

5.48%

1M

13.11%

6M

-0.30%

1Y

1.35%

5Y*

7.55%

10Y*

14.27%

*Annualized

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Risk-Adjusted Performance

PAA vs. NEE — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PAA
The Risk-Adjusted Performance Rank of PAA is 5858
Overall Rank
The Sharpe Ratio Rank of PAA is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of PAA is 5151
Sortino Ratio Rank
The Omega Ratio Rank of PAA is 5151
Omega Ratio Rank
The Calmar Ratio Rank of PAA is 5959
Calmar Ratio Rank
The Martin Ratio Rank of PAA is 6363
Martin Ratio Rank

NEE
The Risk-Adjusted Performance Rank of NEE is 5050
Overall Rank
The Sharpe Ratio Rank of NEE is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of NEE is 4444
Sortino Ratio Rank
The Omega Ratio Rank of NEE is 4444
Omega Ratio Rank
The Calmar Ratio Rank of NEE is 5656
Calmar Ratio Rank
The Martin Ratio Rank of NEE is 5353
Martin 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.

PAA vs. NEE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Plains All American Pipeline, L.P. (PAA) and NextEra Energy, Inc. (NEE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current PAA Sharpe Ratio is 0.34, which is higher than the NEE Sharpe Ratio of 0.03. The chart below compares the historical Sharpe Ratios of PAA and NEE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

PAA vs. NEE - Dividend Comparison

PAA's dividend yield for the trailing twelve months is around 8.09%, more than NEE's 2.82% yield.


TTM20242023202220212020201920182017201620152014
PAA
Plains All American Pipeline, L.P.
8.09%7.44%7.06%7.08%7.71%13.11%7.50%5.99%9.45%8.21%11.93%4.97%
NEE
NextEra Energy, Inc.
2.82%2.87%3.08%2.03%1.65%1.81%2.06%2.55%2.52%2.91%2.96%2.73%

Drawdowns

PAA vs. NEE - Drawdown Comparison

The maximum PAA drawdown since its inception was -91.99%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for PAA and NEE. For additional features, visit the drawdowns tool.


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Volatility

PAA vs. NEE - Volatility Comparison

Plains All American Pipeline, L.P. (PAA) has a higher volatility of 9.94% compared to NextEra Energy, Inc. (NEE) at 7.60%. This indicates that PAA's price experiences larger fluctuations and is considered to be riskier than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

PAA vs. NEE - Financials Comparison

This section allows you to compare key financial metrics between Plains All American Pipeline, L.P. and NextEra Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


5.00B10.00B15.00B20212022202320242025
12.01B
6.25B
(PAA) Total Revenue
(NEE) Total Revenue
Values in USD except per share items

PAA vs. NEE - Profitability Comparison

The chart below illustrates the profitability comparison between Plains All American Pipeline, L.P. and NextEra Energy, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%100.0%20212022202320242025
5.2%
100.0%
(PAA) Gross Margin
(NEE) Gross Margin
PAA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Plains All American Pipeline, L.P. reported a gross profit of 620.00M and revenue of 12.01B. Therefore, the gross margin over that period was 5.2%.

NEE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported a gross profit of 6.25B and revenue of 6.25B. Therefore, the gross margin over that period was 100.0%.

PAA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Plains All American Pipeline, L.P. reported an operating income of 533.00M and revenue of 12.01B, resulting in an operating margin of 4.4%.

NEE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported an operating income of 2.26B and revenue of 6.25B, resulting in an operating margin of 36.1%.

PAA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Plains All American Pipeline, L.P. reported a net income of 443.00M and revenue of 12.01B, resulting in a net margin of 3.7%.

NEE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported a net income of 833.00M and revenue of 6.25B, resulting in a net margin of 13.3%.