Meridian
Universe

NEE · CIK 0000753308 · FY2025 live · 2025-12-31

NEXTERA ENERGY INC

DistressSEC 10-KZ″Utilities50th percentile in Utilities · 132 names

View as

Model

Z″

FY2025

0.91

Zone

Distress

vs FY2024

+0.13

Market DD

1y PD

0.91

Classic Z 0.53

−21.12.68+

Z″ 0.91 · distress below 1.10, grey to 2.60, safe above.

Z″ factor contributions

  • X1 Working capital / assets

    Short-term liquidity. Carries more weight in Z″ than in classic Z.

    −0.04
    6.56 × = −0.28
  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    0.17
    3.26 × = 0.54
  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    0.04
    6.72 × = 0.26
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names keep turnover from dragging the score.

    0.37
    1.05 × = 0.39

Five-year path

Z″ plus liquidity (working capital / assets) and earnings (EBIT / assets) over the last 5 annual filings.

Meridian Rank

54.80

0–100 · Z″ family

  • Book standing

    46

  • Year change

    58

  • Market PD

  • O-score

    74

Events on this name

Same published rows as Today.

No published events on this print.

Overview

rule-v1

NEXTERA ENERGY INC is on Z″ at 0.91 (distress) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print; book equity / liabilities is the runner-up. Versus FY2024 the live print is still distress (+0.13 from 0.77). No market tape loaded. Z″ omits sales/assets so asset-light names keep turnover from dragging the score. X4 is book equity on every name.

Book screen Distress; market PD —. Market PD has not been priced on this name.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Z″ scores · 50th percentile in Utilities.

Filing line items

Current assets

$13.6B

Total assets

$212.7B

Current liabilities

$22.8B

Total liabilities

$146.2B

Working capital

−$9.2B

Retained earnings

$35.1B

EBIT

$8.3B

Total sales

$0

Book equity

$54.6B

Accession 0000753308-26-000015. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.