vs
Side-by-side financial comparison of NextEra Energy (NEE) and Principal Financial Group (PFG). Click either name above to swap in a different company.
NextEra Energy is the larger business by last-quarter revenue ($6.0B vs $4.6B, roughly 1.3× Principal Financial Group). NextEra Energy runs the higher net margin — 25.6% vs 11.3%, a 14.3% gap on every dollar of revenue. On growth, NextEra Energy posted the faster year-over-year revenue change (11.1% vs -3.7%). Over the past eight quarters, Principal Financial Group's revenue compounded faster (6.3% CAGR vs 5.4%).
NextEra Energy, Inc. is an American energy company that is the world's largest electric utility holding company by market capitalization, with a valuation of over $170 billion as of Oct 2024. NextEra Energy had revenues of $24.8 billion and 16,700 employees throughout the US and Canada in 2024. It has a current generating capacity of 73 gigawatts. Its subsidiaries include Florida Power & Light (FPL), NextEra Energy Resources (NEER), XPLR Energy Partners, and NextEra Energy Services.
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
NEE vs PFG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.0B | $4.6B |
| Net Profit | $1.5B | $517.0M |
| Gross Margin | — | — |
| Operating Margin | 26.4% | — |
| Net Margin | 25.6% | 11.3% |
| Revenue YoY | 11.1% | -3.7% |
| Net Profit YoY | 27.6% | -42.9% |
| EPS (diluted) | $0.74 | $2.30 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $6.0B | $4.6B | ||
| Q3 25 | $7.4B | $3.7B | ||
| Q2 25 | $6.4B | $3.7B | ||
| Q1 25 | $6.0B | $3.7B | ||
| Q4 24 | $5.4B | $4.8B | ||
| Q3 24 | $6.7B | $3.0B | ||
| Q2 24 | $6.0B | $4.3B | ||
| Q1 24 | $5.4B | $4.1B |
| Q4 25 | $1.5B | $517.0M | ||
| Q3 25 | $2.4B | $213.8M | ||
| Q2 25 | $2.0B | $406.2M | ||
| Q1 25 | $833.0M | $48.1M | ||
| Q4 24 | $1.2B | $905.4M | ||
| Q3 24 | $1.9B | $-220.0M | ||
| Q2 24 | $1.6B | $353.1M | ||
| Q1 24 | $2.3B | $532.5M |
| Q4 25 | 26.4% | — | ||
| Q3 25 | 34.1% | — | ||
| Q2 25 | 29.9% | — | ||
| Q1 25 | 37.6% | — | ||
| Q4 24 | 17.4% | — | ||
| Q3 24 | 42.6% | — | ||
| Q2 24 | 27.8% | — | ||
| Q1 24 | 37.3% | — |
| Q4 25 | 25.6% | 11.3% | ||
| Q3 25 | 32.9% | 5.8% | ||
| Q2 25 | 31.7% | 11.1% | ||
| Q1 25 | 13.9% | 1.3% | ||
| Q4 24 | 22.3% | 19.1% | ||
| Q3 24 | 27.6% | -7.3% | ||
| Q2 24 | 27.0% | 8.2% | ||
| Q1 24 | 42.0% | 13.1% |
| Q4 25 | $0.74 | $2.30 | ||
| Q3 25 | $1.18 | $0.95 | ||
| Q2 25 | $0.98 | $1.79 | ||
| Q1 25 | $0.40 | $0.21 | ||
| Q4 24 | $0.58 | $3.92 | ||
| Q3 24 | $0.90 | $-0.95 | ||
| Q2 24 | $0.79 | $1.49 | ||
| Q1 24 | $1.10 | $2.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.8B | $4.4B |
| Total DebtLower is stronger | — | $3.9B |
| Stockholders' EquityBook value | $54.6B | $11.9B |
| Total Assets | $212.7B | $341.4B |
| Debt / EquityLower = less leverage | — | 0.33× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.8B | $4.4B | ||
| Q3 25 | $2.4B | $5.1B | ||
| Q2 25 | $1.7B | $3.7B | ||
| Q1 25 | $2.4B | $3.9B | ||
| Q4 24 | $1.5B | $4.2B | ||
| Q3 24 | $2.3B | $6.2B | ||
| Q2 24 | $1.6B | $4.8B | ||
| Q1 24 | $1.6B | $4.2B |
| Q4 25 | — | $3.9B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.9B |
| Q4 25 | $54.6B | $11.9B | ||
| Q3 25 | $54.2B | $11.7B | ||
| Q2 25 | $50.8B | $11.4B | ||
| Q1 25 | $49.8B | $11.2B | ||
| Q4 24 | $50.1B | $11.1B | ||
| Q3 24 | $50.1B | $11.2B | ||
| Q2 24 | $49.1B | $11.0B | ||
| Q1 24 | $48.6B | $11.2B |
| Q4 25 | $212.7B | $341.4B | ||
| Q3 25 | $204.4B | $334.5B | ||
| Q2 25 | $198.8B | $323.1B | ||
| Q1 25 | $194.3B | $313.0B | ||
| Q4 24 | $190.1B | $313.7B | ||
| Q3 24 | $186.0B | $322.9B | ||
| Q2 24 | $184.7B | $308.8B | ||
| Q1 24 | $179.9B | $308.7B |
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.36× | ||
| Q1 24 | — | 0.35× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.5B | $1.7B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.63× | 3.37× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.5B | $1.7B | ||
| Q3 25 | $4.0B | $1.0B | ||
| Q2 25 | $3.2B | $811.9M | ||
| Q1 25 | $2.8B | $977.3M | ||
| Q4 24 | $2.0B | $1.5B | ||
| Q3 24 | $4.3B | $1.1B | ||
| Q2 24 | $3.9B | $1.4B | ||
| Q1 24 | $3.1B | $584.2M |
| Q4 25 | 1.63× | 3.37× | ||
| Q3 25 | 1.65× | 4.70× | ||
| Q2 25 | 1.57× | 2.00× | ||
| Q1 25 | 3.32× | 20.32× | ||
| Q4 24 | 1.65× | 1.61× | ||
| Q3 24 | 2.31× | — | ||
| Q2 24 | 2.42× | 4.05× | ||
| Q1 24 | 1.36× | 1.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NEE
| Florida Power Light Company | $4.3B | 71% |
| Other | $1.7B | 29% |
PFG
| Segment Retirement And Income Solutions | $1.6B | 36% |
| Segment Benefits And Protection | $1.1B | 23% |
| Other | $582.8M | 13% |
| Segment Principal Asset Management | $465.6M | 10% |
| Subsegment Investment Management | $449.4M | 10% |
| Administrative Service | $152.2M | 3% |
| Subsegment International Pension | $91.2M | 2% |
| Segment Corporate | $73.0M | 2% |
| Subsegment Life Insurance | $26.1M | 1% |
| Financial Service Other | $25.1M | 1% |
| Residential Mortgage | $7.4M | 0% |
| Subsegment Specialty Benefits | $3.7M | 0% |
| Deposit Account | $3.4M | 0% |
| Commission Income | $1.8M | 0% |
