Correlation
The correlation between VLTO and NEE is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
VLTO vs. NEE
Compare and contrast key facts about Veralto Corporation (VLTO) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLTO or NEE.
Performance
VLTO vs. NEE - Performance Comparison
Loading data...
Key characteristics
VLTO:
0.15
NEE:
-0.25
VLTO:
0.12
NEE:
-0.15
VLTO:
1.02
NEE:
0.98
VLTO:
-0.02
NEE:
-0.29
VLTO:
-0.05
NEE:
-0.58
VLTO:
9.78%
NEE:
12.75%
VLTO:
21.82%
NEE:
29.59%
VLTO:
-24.73%
NEE:
-47.81%
VLTO:
-10.68%
NEE:
-19.48%
Fundamentals
VLTO:
$24.97B
NEE:
$140.07B
VLTO:
$3.50
NEE:
$2.63
VLTO:
28.79
NEE:
25.56
VLTO:
4.73
NEE:
5.54
VLTO:
10.85
NEE:
2.78
VLTO:
$5.28B
NEE:
$25.27B
VLTO:
$3.15B
NEE:
$17.71B
VLTO:
$1.31B
NEE:
$10.19B
Returns By Period
In the year-to-date period, VLTO achieves a -0.48% return, which is significantly higher than NEE's -2.97% return.
VLTO
-0.48%
8.75%
-6.02%
3.15%
N/A
N/A
N/A
NEE
-2.97%
2.59%
-11.41%
-7.49%
-1.35%
4.03%
13.08%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
VLTO vs. NEE — Risk-Adjusted Performance Rank
VLTO
NEE
VLTO vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Veralto Corporation (VLTO) 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.
Loading data...
Dividends
VLTO vs. NEE - Dividend Comparison
VLTO's dividend yield for the trailing twelve months is around 0.40%, less than NEE's 3.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLTO Veralto Corporation | 0.40% | 0.37% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEE NextEra Energy, Inc. | 3.06% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
Drawdowns
VLTO vs. NEE - Drawdown Comparison
The maximum VLTO drawdown since its inception was -24.73%, smaller than the maximum NEE drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for VLTO and NEE.
Loading data...
Volatility
VLTO vs. NEE - Volatility Comparison
The current volatility for Veralto Corporation (VLTO) is 5.80%, while NextEra Energy, Inc. (NEE) has a volatility of 10.94%. This indicates that VLTO experiences smaller price fluctuations and is considered to be less risky than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
Financials
VLTO vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Veralto Corporation 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.
Total Revenue: Total amount of money received from sales and other business activities
VLTO vs. NEE - Profitability Comparison
VLTO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Veralto Corporation reported a gross profit of 805.00M and revenue of 1.33B. Therefore, the gross margin over that period was 60.4%.
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%.
VLTO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Veralto Corporation reported an operating income of 322.00M and revenue of 1.33B, resulting in an operating margin of 24.2%.
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%.
VLTO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Veralto Corporation reported a net income of 225.00M and revenue of 1.33B, resulting in a net margin of 16.9%.
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%.