NextEra Energy, Inc. vs PPG Industries, Inc. — how do they compare? NextEra Energy, Inc. trades at $87.97 (market cap $183.53B), while PPG Industries, Inc. trades at $115.63 (market cap $25.79B). The key difference: NextEra Energy, Inc. is far larger — about 7.1× PPG Industries, Inc.'s market cap, and NextEra Energy, Inc. pays the higher dividend (2.83%). Which is the better fit depends on your goals.
| NEE | PPG | |
|---|---|---|
Market Cap | $183.53B | $25.79B |
Sector | Utilities | Basic Materials |
52-Week High | $97.88 | $131.56 |
52-Week Low | $69.77 | $94.34 |
Enterprise Value | $285.94B | $31.90B |
Dividend Yield | 2.83% | 2.56% |
Trailing returns across standard periods
NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Read more on NEE →PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
Read more on PPG →