NextEra Energy Partners, LP Common Units representing limited partner interests (NEP): Price and Financial Metrics

NEP POWR Grades

• Momentum is the dimension where NEP ranks best; there it ranks ahead of 55.41% of US stocks.
• NEP's strongest trending metric is Quality; it's been moving down over the last 177 days.
• NEP's current lowest rank is in the Value metric (where it is better than 9.74% of US stocks).

NEP Stock Summary

• Of note is the ratio of NEXTERA ENERGY PARTNERS LP's sales and general administrative expense to its total operating expenses; just 0.15% of US stocks have a lower such ratio.
• The ratio of debt to operating expenses for NEXTERA ENERGY PARTNERS LP is higher than it is for about 94.15% of US stocks.
• In terms of twelve month growth in earnings before interest and taxes, NEXTERA ENERGY PARTNERS LP is reporting a growth rate of -326%; that's higher than merely 4.37% of US stocks.
• Stocks with similar financial metrics, market capitalization, and price volatility to NEXTERA ENERGY PARTNERS LP are NWN, IDA, MGEE, AGR, and NJR.
• NEP's SEC filings can be seen here. And to visit NEXTERA ENERGY PARTNERS LP's official web site, go to www.investor.nexteraenergypartners.com.

NEP Valuation Summary

• In comparison to the median Utilities stock, NEP's price/sales ratio is 0% higher, now standing at 2.
• NEP's EV/EBIT ratio has moved up 2.3 over the prior 114 months.

Below are key valuation metrics over time for NEP.

NEP Growth Metrics

The year over year cash and equivalents growth rate now stands at 52.73%.
• Its 2 year revenue growth rate is now at 14.27%.
• Its 5 year net cashflow from operations growth rate is now at 35.67%.

Over the past 52 months, NEP's revenue has gone up $352,000,000.

The table below shows NEP's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-12-31	1,211	776	477
2022-09-30	1,176	796	433
2022-06-30	1,126	778	372
2022-03-31	1,017	693	79
2021-12-31	982	677	137
2021-09-30	963	675	210

NEP's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• NEP has a Quality Grade of B, ranking ahead of 77.68% of graded US stocks.
• NEP's asset turnover comes in at 0.074 -- ranking 100th of 105 Utilities stocks.
• PCG, SJW, and ARTNA are the stocks whose asset turnover ratios are most correlated with NEP.

The table below shows NEP's key quality metrics over time.